ICICI Bank Q2 FY2027 Earnings Beat Estimates

Font: Financial Modeling Prep  • Oct 19, 2026

ICICI Bank (NYSE: IBN) Beats Q2 FY2027 Estimates as Profit Rises 20.1%

• ICICI Bank (NYSE: IBN) reported ADR earnings of approximately $0.44 per share, above the roughly $0.41 estimate, while revenue of $3.52 billion slightly exceeded the $3.48 billion estimate.

• Standalone profit after tax increased 20.1% year over year to INR 148.43 billion, supported by higher net interest income, loan growth and lower provisions.

• Period-end deposits increased 27.1%, partly reflecting inflows into Foreign Currency Non-Resident, or FCNR(B), deposits.

ICICI Bank (NYSE: IBN), one of India’s largest private-sector banks, reported results for the second quarter of fiscal 2027, which ended September 30, 2026.

Third-party ADR earnings data showed earnings of approximately $0.44 per share, above an estimate of about $0.41. Revenue was approximately $3.52 billion, slightly exceeding the $3.48 billion estimate. These dollar-denominated figures may vary by data provider because ICICI Bank reports its official financial results in Indian rupees.

Standalone profit after tax rose 20.1% year over year to INR 148.43 billion. Net interest income increased 17.7% to INR 253.39 billion, while fee income grew 20.1% to INR 77.95 billion. Provisions, excluding taxes, declined to INR 8.51 billion from INR 9.14 billion a year earlier.

The total loan portfolio expanded 30.0% year over year. Excluding loans issued by international branches against FCNR(B) deposits, loan growth was 24.1%. Business-banking loans increased 33.8%, while domestic corporate loans grew 30.6%.

Period-end deposits increased 27.1% year over year and 11.8% from the previous quarter. Excluding FCNR(B) deposits, growth was a more moderate 17.0% year over year and 3.1% sequentially. Average deposits rose 21.2% year over year.

Core operating profit increased 21.8% to INR 208.05 billion, while consolidated profit after tax rose 22.3% to INR 163.33 billion. The bank recorded a treasury loss of INR 2.30 billion, compared with a gain of INR 2.20 billion a year earlier.

Despite the strong growth, ICICI Bank’s net interest margin narrowed to 4.18%, from 4.36% in the previous quarter and 4.30% a year earlier. Asset quality improved, with the gross non-performing asset ratio falling to 1.20% from 1.38% in the prior quarter.