On Friday, shares of HDFC Bank, ICICI Bank, and Yes Bank all closed in positive territory ahead of their Q4 FY26 results. According to reports from Mint, HDFC Bank share price rose 0.57% to settle at ₹800, while ICICI Bank and Yes Bank shares gained 0.54% and 2.31%, respectively by the end of the trading session. The banking stocks are expected to remain in focus on Monday after reporting their financial results for the quarter ending March 31, 2026. Following their Q4 earnings release over the weekend, shares of the banks were trading 1% lower, 2% higher and 3% higher, respectively on Monday, as reported by The Economic Times.
India's largest private lender reported a standalone net profit of ₹19,221.05 crore for Q4 FY26, marking a 9.11% increase compared to ₹17,616.14 crore in the same period last year. As reported by Mint, Net Interest Income (NII) for the quarter rose 3.8% year-on-year to ₹33,281.5 crore from ₹32,066 crore. The bank's net interest margin stood at 3.38% based on total assets and 3.53% on interest-earning assets. On the asset quality front, the bank showed sequential improvement, with Gross Non-Performing Assets (GNPA) declining by 3.17% to ₹34,061.19 crore in the March quarter from ₹35,178.98 crore in the preceding quarter.
According to Mint reports, ICICI Bank reported an 8.5% year-on-year rise in its standalone profit for Q4FY26, reaching ₹13,701.68 crore, up from ₹12,629.58 crore in the corresponding quarter last year. On a sequential basis, profit grew 21% from ₹11,317.86 crore in Q3FY26. The bank's net interest income (NII) also saw an 8.4% annual increase, climbing to ₹22,979 crore in Q4FY26 from ₹21,193 crore a year earlier. Net interest margin (NIM) came in at 4.32% during the reported quarter, slightly up from 4.30% in Q3FY26. For the full fiscal year FY26, NIM remained steady at 4.32%, unchanged from FY25. Additionally, ICICI Bank's board of directors announced a ₹12 per share dividend issue with a face value of ₹2 apiece, subject to shareholder approval, and fixed Friday, June 19 as the record date for the dividend issue.
As reported by Mint, Yes Bank showed the fastest growth but from a lower base, with NII rising sharply by 20%+, while NIMs improved to 2.5–2.7%, still below larger peers. Advances growth was strong at 12–14%, and asset quality improved significantly, with gross NPAs declining to 2.0% range. However, the bank's margins and overall return profile remain weaker, reflecting an ongoing turnaround phase. The asset quality showed sequential improvement in the March quarter, with Gross non-performing assets (NPAs) for Q4FY26 falling 10.2% to ₹3,604.93 crore from ₹4,014.56 crore in the preceding quarter. Yes Bank also announced net profit rising 45% to ₹1,068 crore and NII advancing 16% in Q4 FY26. According to The Economic Times, Yes Bank reported a 45% year-on-year surge in net profit to ₹1,068 crore for the January-March quarter of FY26, though brokerages remain cautious about the sustainability of this growth.
According to CNBC TV18, Raymond James strategist Matt Orton highlighted the resilience of banks like ICICI Bank and HDFC Bank amid the current market rally. He noted that strong earnings results, particularly in AI and financials, have been the primary driver of the recent market rebound. Orton emphasized that India's consumer-driven economy remains well-positioned despite higher energy prices, citing recent positive credit growth expansion from banks as a positive signal for the broader economy. For investment strategy, Raymond James recommends a 5% allocation to gold as a portfolio hedge and diversifier, along with exposure to industrial metals including copper, aluminium, rare earth minerals, and uranium. The strategist also highlighted opportunities in commodity-linked names such as Vedanta in India, suggesting that India's underperformance relative to the broader emerging market complex presents opportunities for diversification.
