ICICI Bank Q4 Results 2026: Date, Revenue, PAT & Analyst Outlook

Mon Apr 06 2026

ICICI Bank (NSE: ICICIBANK) is preparing to announce its fourth quarter FY26 (Q4 FY26) financial results for the period ended March 31, 2026. The board of directors is scheduled to meet on April 26, 2026 to approve the audited financial statements for Q4 FY26 and consider a recommendation for a final dividend for FY26 shareholder approval.

With ICICI Bank trading at a current market price of Rs 1,200 — down from a 52-week high of Rs 1,437 and a 1-year return of -6% — the Q4 FY26 results will be a pivotal moment for investors deciding whether to hold, add, or reduce their position. Analyst estimates for Q4 FY26 revenue stand at Rs 48,000–50,000 Cr, with PAT expectations of Rs 11,500–12,200 Cr and margin projections of NIM 4.0–4.1%.

This article covers the ICICI Bank Q4 results 2026 date, detailed earnings estimates, five key performance factors, five risks to monitor, analyst ratings and price targets, and answers to the most commonly searched investor questions ahead of the announcement. For real-time research and expert analysis, access ICICI Bank data on Univest.

Table of Contents

ICICI Bank Q4 Results 2026 Date

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ICICI Bank has scheduled its Q4 FY26 results for April 26, 2026. The board of directors will meet to approve the audited consolidated financial statements for the quarter and full year ended March 31, 2026. The trading window for designated employees is closed until 48 hours after the results announcement, as per SEBI regulations. Mark April 26, 2026 as a key date in your investment calendar if you hold or track ICICI Bank.

Company	Results Date	Key Watch
TCS	April 9, 2026 (Confirmed)	Deal TCV, EBIT margin, FY27 guidance
Infosys	April 23, 2026 (Confirmed)	Revenue guidance, attrition, large deals
ICICI Bank	April 26, 2026 (Expected)	Loan growth 15–17% YoY

Why This Quarter Matters

Q4 FY26 is the quarter ending March 31, 2026 — the final quarter of the financial year — and carries additional significance for investors. It determines the full-year FY26 financial performance, sets the benchmark for FY27 estimates, and triggers final dividend announcements. For ICICI Bank, specifically, Q4 FY26 matters because: the stock has delivered a -6% 1-year return against a backdrop of macro uncertainty, making the quarter’s growth trajectory crucial for sentiment recovery.

Institutional investors typically rebalance portfolios at the end of March, and the Q4 results give them the clarity needed to assess whether to increase or reduce positions ahead of the new financial year. Analyst price targets for ICICI Bank — ranging from Rs 1,420 to Rs 1,500 — will be updated post-results based on the actual Q4 FY26 performance and the management’s FY27 guidance.

ICICI Bank Q4 FY26 Earnings Estimates

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Brokerages including MOFSL, YES Securities, JM Financial, and others have published their Q4 FY26 preview estimates for ICICI Bank. The consensus expects Rs 48,000–50,000 Cr in revenue for Q4 FY26, compared to Rs 47,508 Cr in Q3 FY26. Profit after tax (PAT) is estimated at Rs 11,500–12,200 Cr, with margin expectations of NIM 4.0–4.1%. Growth momentum on the key volume/activity metric is projected at Loan growth 15–17% YoY.

Metric	Q4 FY26 Estimate	Q3 FY26 Actual	Key Driver
Revenue	Rs 48,000–50,000 Cr	Rs 47,508 Cr	Volume + pricing
PAT	Rs 11,500–12,200 Cr	Rs 11,792 Cr	Margin expansion
Margin	NIM 4.0–4.1%	NIM 4.02%	Cost efficiency
Growth Metric	Loan growth 15–17% YoY	Previous quarter	Demand recovery
Dividend	Rs 12–15 per share expected	—	Capital allocation

Beyond the headline numbers, investors will watch closely for: management commentary on FY27 revenue growth guidance, any revision in margin trajectory, updates on order book or deal pipeline, and capex or investment plans. A positive surprise on any two of these four parameters could drive a meaningful post-results re-rating.

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5 Key Factors That Will Drive ICICI Bank Q4 FY26 Performance

1. Consistent RoA Above 2.3% — Best in Large Private Banks

ICICI Bank has consistently delivered return on assets above 2.3% — a threshold that only Kotak Mahindra Bank and HDFC Bank (at its prime) have achieved among large private banks. This performance reflects ICICI Bank’s superior credit underwriting, diversified revenue mix, and operational efficiency. Q4 FY26 RoA is expected to sustain at 2.3-2.4%, supported by stable NIM, controlled credit costs, and growing fee income. CLSA calls this the ‘premium justification metric’ for ICICI Bank’s valuation.

2. Retail and MSME Loan Growth Outpacing System

ICICI Bank’s retail and MSME loan book has been growing 15-17% YoY — comfortably ahead of the system average of 12-14%. Home loans, vehicle loans, MSME working capital, and business banking credit cards are the primary growth vectors. The bank’s technology-led underwriting — powered by iMobile Pay and the corporate banking portal — enables faster credit decisions while maintaining asset quality discipline.

3. Asset Quality — Gross NPA Holding at 2.0–2.1%

ICICI Bank has made remarkable progress on asset quality over the past five years, reducing its Gross NPA from 7.9% in FY20 to approximately 2.0-2.1% in Q4 FY26. The bank’s provision coverage ratio of approximately 80% provides meaningful protection. Net NPA is expected at approximately 0.4-0.5% — among the lowest in the banking sector. Credit cost guidance of 50-55 basis points for FY27 is conservative relative to the bank’s loss history.

4. Fee Income and Insurance Cross-Sell Momentum

ICICI Bank’s non-interest income — from ICICI Life, ICICI Lombard, third-party distribution, and transaction banking — has been growing steadily. The bank’s open architecture distribution model allows customers to access multiple insurance and investment products, generating fee income that reduces dependence on NIM alone. Q4 fee income is projected to grow 14-18% YoY, buoyed by high transaction volumes in the March-end quarter.

5. Technology Investment Driving Efficiency Gains

ICICI Bank has invested heavily in technology — iMobile Pay (40+ million users), API banking, and AI-powered credit decisioning. These investments are now generating returns in the form of lower cost per acquisition, faster loan processing, and higher customer engagement scores. The cost-to-income ratio has been trending down and is expected at 39-40% in Q4 FY26, contributing to continued operating leverage.

5 Risks to Watch in ICICI Bank Q4 FY26

1. Unsecured Retail Book Delinquency Risk

Like all Indian banks, ICICI Bank has some exposure to unsecured retail lending (personal loans, credit cards). While ICICI Bank’s underwriting standards are stricter than the market average, any broad-based consumer credit deterioration — triggered by job losses or income compression in a slowing macro environment — could push up credit costs beyond the guided 50-55 bps range.

2. NIM Under Pressure from Competition for Deposits

India’s banking system has seen intense competition for deposits in FY26, with smaller banks offering rates well above the benchmark. If ICICI Bank’s deposit costs rise to defend its CASA ratio (currently approximately 39%), NIM could be pressured. A 10 basis point NIM compression would reduce NII by approximately Rs 1,200-1,500 crore quarterly.

3. West Asia Exposure in Corporate Book

ICICI Bank has meaningful corporate lending exposure to sectors that may be impacted by the West Asia conflict — oil marketing companies, infrastructure, and logistics. A prolonged conflict-driven crude spike could stress corporate borrower cash flows, leading to increased watch list accounts in Q4 FY26 and Q1 FY27.

4. ICICI Prudential Life Insurance Performance

ICICI Prudential Life’s VNB (Value of New Business) growth has been moderating. As ICICI Bank distributes ICICI Life products, any slowdown in life insurance volumes directly reduces fee income. ICICI Life faces competition from LIC, HDFC Life, and newer digital-first insurers in the unit-linked and term insurance segments.

5. Regulatory Risk from RBI Macro-Prudential Actions

The RBI has been proactive in applying macro-prudential measures — including higher risk weights on certain loan categories. Any new regulation targeting ICICI Bank’s high-growth retail segments could require higher capital allocation, reducing near-term profitability and RoE without a corresponding revenue benefit.

ICICI Bank Share Price and Analyst Ratings

ICICI Bank is trading at Rs 1,200 as of early April 2026, against a 52-week high of Rs 1,437 and a 52-week low of Rs 1,050. The market capitalisation stands at Rs 8,55,000 Cr. The 1-year return of -6% reflects the broader Banking sector headwinds alongside company-specific factors. The Q4 FY26 results and FY27 guidance will be critical in determining whether the stock can recover toward analyst consensus targets.

Brokerage	Rating	Target Price	Thesis
MOFSL	Buy	Rs 1,500	RoA >2.3%; best-in-class asset quality
YES Securities	Buy	Rs 1,480	Retail and MSME driving quality growth
CLSA	Outperform	Rs 1,460	Premium justified vs peers on RoE delivery
Emkay	Buy	Rs 1,420	Fee income and opex leverage intact

Download the Univest iOS App or Univest Android App to track ICICI Bank’s live price and receive real-time Q4 result alerts when the board declares the results on April 26, 2026.

Conclusion

ICICI Bank’s Q4 FY26 results on April 26, 2026 are expected to reinforce its position as India’s highest-quality large private sector bank. With RoA above 2.3%, stable NIM at 4.0-4.1%, and loan growth of 15-17% YoY, the bank is delivering consistent execution across all key metrics. At Rs 1,200 — down 6% from its 52-week high — and with consensus targets of Rs 1,420-1,500, the stock appears attractively positioned for long-term investors.

This analysis is based on publicly available analyst estimates and company filings. Actual Q4 FY26 results may differ materially from consensus estimates. Market reactions to results depend not only on the reported numbers but also on management guidance, peer performance, and broader macro sentiment. Investing ahead of quarterly results carries earnings risk — the stock can fall on a miss or rise sharply on a beat.

For more Q4 FY26 previews across IT, banking, auto, pharma, and cement sectors, visit Univest Blogs.

Frequently Asked Questions

What is the ICICI Bank Q4 results 2026 date?

ICICI Bank Q4 FY26 results are expected on April 26, 2026. The board of directors will meet on this date to approve the audited financial statements for the quarter ended March 31, 2026, and consider a final dividend recommendation for FY26.

What is the ICICI Bank Q4 FY26 PAT estimate?

Analysts estimate ICICI Bank’s Q4 FY26 PAT at Rs 11,500–12,200 Cr. This compares to Q3 FY26 PAT of Rs 11,792 Cr. Key brokerages including MOFSL, YES Securities, and JM Financial have published these estimates. Actual results may differ.

What is ICICI Bank’s share price ahead of Q4 results?

ICICI Bank is trading at Rs 1,200 as of early April 2026. The 52-week high is Rs 1,437 and the 52-week low is Rs 1,050. The market capitalisation is Rs 8,55,000 Cr. The 1-year return stands at -6%. Track the live share price on Univest.

Will ICICI Bank declare a dividend in Q4 2026?

ICICI Bank is expected to consider a dividend of Rs 12–15 per share expected at the Q4 FY26 board meeting on April 26, 2026. This would be the final dividend for FY26. The actual dividend amount depends on the board’s assessment of profitability, capital adequacy, and future investment needs.

Which analysts have a Buy rating on ICICI Bank?

MOFSL (target Rs 1,500), YES Securities (target Rs 1,480), CLSA (target Rs 1,460), Emkay (target Rs 1,420) have Buy/Outperform ratings on ICICI Bank as of April 2026. hold Neutral ratings. All targets and ratings are subject to revision after Q4 FY26 results.

What were ICICI Bank Q3 FY26 results?

ICICI Bank reported Q3 FY26 (October–December 2025) revenue of Rs 47,508 Cr and PAT of Rs 11,792 Cr, with margin at NIM 4.02%. The Q3 FY26 results provided the base against which Q4 FY26 estimates have been built by analysts.

When do Infosys and TCS announce Q4 results 2026?

TCS declared Q4 FY26 results on April 9, 2026. For the full TCS Q4 results preview, visit the TCS Q4 Results 2026 preview on Univest Blogs. Infosys Q4 FY26 results are scheduled for April 23, 2026. Read the full Infosys Q4 Results 2026 preview on Univest Blogs for detailed estimates, analyst ratings, and FY27 guidance expectations.

Is ICICI Bank a good investment ahead of Q4 results?

This depends on your risk appetite, investment horizon, and portfolio context. ICICI Bank has both compelling factors — RoA >2.3%; best-in-class asset quality — and genuine near-term risks. Analyst consensus targets range from Rs 1,420 to Rs 1,500. Consult a SEBI-registered financial advisor before making any investment decision. Use Univest Screener to assess ICICI Bank fundamentals independently.

Disclaimer: Investment in the share market is subject to risk. This article is for informational and educational purposes only and does not constitute investment advice. All financial data and analyst estimates are sourced from publicly available information including NSE/BSE filings and company investor relations pages. Verify all numbers before investing. Consult a SEBI-registered advisor before making investment decisions.