ICICI Bank Share Price Today: Q4 FY26 Results Out, Dividend of Rs 12 Announced; Stock at Rs 1,363
ICICI Bank, India's second-largest private sector lender, is in focus after reporting its Q4 FY2025-26 earnings on April 18, 2026. The stock is trading near Rs 1,362.90 on NSE, within a 52-week range of Rs 1,187.60 to Rs 1,500. The board has approved audited FY26 results and recommended a final dividend of Rs 12 per share, which will be paid upon shareholder approval.
Q4 FY26 Performance Breakdown:Profit before tax excluding treasury operations grew 10.1% YoY to Rs 18,209 crore, reflecting strong core banking income growth. Total loan book expanded 15.8% YoY, driven by robust retail and SME segment uptake. Deposit growth came in at 11.4% YoY, maintaining a healthy credit-to-deposit ratio. Net NPA improved significantly to 0.33%, the lowest in several years, while Gross NPA stood at 1.4%.
Treasury and Regulatory Impact:The bank attributed Q4 treasury losses to RBI forex regulations rather than core performance issues. Executives clarified that regulatory FX mechanics, not operational weakness, caused the treasury drag. Separately, ICICI Bank has also secured SEBI approval to shift key Alternative Investment Funds to ICICI Prudential AMC.
Capital and Funding Plans:The board approved raising Rs 25,000 crore through bonds and the bank plans up to USD 1.5 billion in overseas borrowings to strengthen its balance sheet ahead of anticipated credit growth in FY27.
Valuation and Analyst View:With P/E at 17.05 and P/B at 2.82, ICICI Bank is trading at a moderate discount to its historical premium. Thirty-eight out of 38 analysts tracking the stock have a Buy or Strong Buy recommendation. The average 12-month price target is Rs 1,666, implying a potential upside of over 22% from current levels. The stock remains a top pick among Indian banking names for FY27.
