ICICI Bank Share Price Today: Q3 FY26 Performance Shows Mixed Signals

Market Performance

ICICI Bank share price opened at ₹1,392.15 on the BSE today, witnessing a volatile session with an intraday high of ₹1,399.85 and a low of ₹1,360. Investors reacted cautiously after the bank released its Q3 FY26 results, reflecting a blend of steady operations and one-off challenges. The stock closed lower by 4%, marking a notable dip in today’s stock market activity.

Despite the fall, the broader market sentiment showed resilience, with banking sector stocks adjusting to quarterly performance data and macroeconomic factors.

Q3 FY26 Results: Steady Growth Amid Provisions

ICICI Bank, the country’s second-largest private sector lender, posted a standalone net profit of ₹11,318 crore for Q3 FY26. This represents a 4% decline year-on-year, primarily due to elevated one-time provisions.

Key highlights from the quarter include:

• Net Interest Income (NII): ₹14,957 crore, up 7.7% year-on-year.
• Net Interest Margin (NIM): Stable at 4.3%, reflecting consistent profitability from core lending.
• Loan Growth: Continued expansion, especially in the corporate sector, while retail lending remained steady.
• Asset Quality: Gross Non-Performing Assets (NPA) ratio improved to 1.53%, showing enhanced credit discipline.
• Provisions: One-off provisions impacted net profit, including additional standard asset provisions mandated by RBI.

The results paint a picture of a bank that is growing steadily, managing credit risk carefully, and navigating regulatory expectations without compromising its lending momentum.

Company Developments

A significant highlight during the quarter was the extension of CEO Sandeep Bakhshi’s tenure until October 2028. This move provides continuity in leadership, a factor that can influence investor confidence and strategic planning for the bank.

Operationally, ICICI Bank maintained:

• Strong deposit growth, supporting its lending capacity.
• Stable margins, ensuring consistent earnings even with heightened provisioning.
• Focus on corporate lending, driving loan book expansion.

These developments underscore the bank’s commitment to prudent management while sustaining growth.

Summary of ICICI Bank’s Q3 FY26 Performance

ICICI Bank’s Q3 FY26 results reflect a mix of steady operational trends and temporary earnings pressures:

• Net profit: ₹11,318 crore (down 4% YoY)
• Net Interest Income: ₹14,957 crore (+7.7% YoY)
• NIM: 4.3% (stable)
• Gross NPA ratio: 1.53% (improved)
• CEO tenure extended to October 2028

Overall, the bank continues to strengthen its balance sheet while navigating regulatory provisions, maintaining a steady trajectory in core business operations.

For stock market participants, the ICICI Bank share price movement today reflects both market reaction to quarterly performance and confidence in the bank’s long-term stability.

Source: Livemint