{"id":311408,"date":"2026-10-15T17:15:01","date_gmt":"2026-10-15T11:45:01","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=311408"},"modified":"2026-10-15T17:15:01","modified_gmt":"2026-10-15T11:45:01","slug":"icici-bank-hdfc-bank-sbi-axis-bank-which-banking-stock-to-buy-ahead-of-q2-results-what-experts-suggest","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/icici-bank-hdfc-bank-sbi-axis-bank-which-banking-stock-to-buy-ahead-of-q2-results-what-experts-suggest\/","title":{"rendered":"ICICI Bank, HDFC Bank, SBI, Axis Bank: Which Banking Stock to Buy Ahead of Q2 Results – What Experts Suggest"},"content":{"rendered":"

HDFC Bank, ICICI Bank and Axis Bank report Q2 FY27 results on Saturday 17 Oct 2026. Brokerages expect healthy loan growth, with Systematix seeing about 15% profit growth for banks excluding IndusInd, but net interest margins are expected to fall by about 7 basis points QoQ as FCNR(B) deposits raise funding costs. Every brokerage I found keeps a Buy on the large private banks and SBI, with ICICI Bank and SBI named as top picks by Systematix and Axis Securities.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Brokerages expect healthy Q2 FY27 earnings from large bank stocks, with Systematix forecasting about 15% year on year profit growth for the banks it covers excluding IndusInd, helped by loan growth and lower provisions. The pressure point is margin, because FCNR(B) deposits of about 132.9 billion dollars lift deposit costs and Systematix expects net interest margins to fall by about 7 basis points on average from the June quarter. ICICI Bank and SBI are the most repeated top picks, named by both Systematix and Axis Securities, while Jefferies sees the highest upside in Axis Bank and IndusInd. These are brokerage views and not a recommendation, so check the results of HDFC Bank, ICICI Bank and Axis Bank on 17 October before you buy.<\/p>\n<\/p><\/div>\n

Bank stocks have fallen this year even as loan growth has picked up, and the Q2 FY27 results season is the next test. The headline question is which of ICICI Bank, HDFC Bank, SBI and Axis Bank experts prefer before the numbers arrive.<\/p>\n

This guide sets out what brokerages expect from bank stocks in Q2, how FCNR(B) inflows affect margins, the target price views on each bank and the risks. Figures come from brokerage notes reported by the press, and I flag where they disagree.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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