ICICI Bank Reports Record FY2026 Profit of ₹54,208 Crore, Recommends ₹12 Dividend

ICICI Bank's consolidated profit reached ₹54,208 crore for the fiscal year 2026, with its standalone profit at ₹50,147 crore.

Financial Results Filed

The ICICI Bank Board of Directors met on April 18, 2026, to approve the audited financial results for the fiscal year and quarter ending March 31, 2026.

Consolidated profit after tax (PAT) for FY2026 stood at ₹54,208 crore, marking a 6.2% year-on-year growth. For the fourth quarter (Q4-2026), consolidated PAT was ₹14,755 crore, up 9.3% year-on-year.

On a standalone basis, PAT for FY2026 was ₹50,147 crore, showing 6.2% year-on-year growth. Q4-2026 standalone PAT was ₹13,702 crore, an increase of 8.5% year-on-year.

Key Highlights

The Board recommended a dividend of ₹12 per equity share for FY2026, pending shareholder approval at the Annual General Meeting (AGM).

Additionally, the bank approved the annual renewal of its fund-raising limits. These include limits of up to ₹250 billion in domestic markets and up to USD 1.5 billion in overseas markets, valid for one year.

The tenure of Mr. G. Srinivas as Group Chief Risk Officer was extended from August 1, 2026, to July 31, 2028.

These strong financial figures demonstrate ICICI Bank's consistent performance and its ability to grow its earnings.

The recommended dividend offers a direct return to shareholders, reflecting the bank's profitability.

Renewing fundraising limits provides crucial financial flexibility, allowing the bank to access capital efficiently for growth initiatives, regulatory needs, and business expansion over the next year.

Bank's Background

ICICI Bank is a leading private sector bank in India, offering a wide array of financial services including retail banking, wholesale banking, treasury, and international banking. The bank operates an integrated digital ecosystem and is known as a technology pioneer. For FY2025, the bank reported a consolidated profit after tax of ₹51,029 crore. The bank has a history of paying annual dividends; for the 12 months ending August 2025, it declared ₹11.00 per share.

What's Next for Shareholders

Shareholders can expect a dividend payout of ₹12 per share for FY2026, subject to AGM approval.

The bank maintains the ability to raise substantial capital, up to ₹250 billion domestically and USD 1.5 billion internationally, for its operational needs.

The extension of the Group Chief Risk Officer's tenure ensures continuity in its risk management leadership.

Potential Risks

The bank's outlook includes potential risks such as statutory/regulatory changes, economic conditions, political instability, an increase in non-performing assets (NPAs), changes in interest/foreign exchange rates, equity prices, credit loss adequacy, market risks, and India's sovereign rating.

Market Position

ICICI Bank is the second-largest private sector bank in India, behind HDFC Bank. Its main competitors, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, operate in a similar competitive environment, focusing on retail, corporate, and digital banking services.

Key Financial Metrics

• Total Deposits stood at ₹17,94,625 crore on a standalone basis as of March 31, 2026.
• Total Loans reached ₹15,53,893 crore on a standalone basis as of March 31, 2026.
• The Net NPA Ratio was maintained at a low 0.33% on a standalone basis as of March 31, 2026.
• The Capital Adequacy Ratio was strong at 17.18% on a standalone basis as of March 31, 2026.

Investor Watchlist

Investors will be watching for approval of the recommended ₹12 dividend by the Bank's Members at the upcoming Annual General Meeting.

Key details will be watched regarding how the renewed fundraising limits are used for business growth and strategic initiatives.

Future performance, particularly asset quality and profit growth trends, will remain under scrutiny.