Q4 FY26 bank results: HDFC, ICICI, Yes key takeaways

Why the Q4FY26 bank prints drew attention

India’s large private lenders reported March-quarter numbers on April 18, 2026, with investors tracking profit momentum, asset quality trends and any early impact from West Asia-related disruptions. The updates highlighted improving non-performing asset ratios at HDFC Bank and ICICI Bank, while Yes Bank reported a sharp year-on-year profit increase alongside improving asset quality. Dividend announcements and management commentary on deposit mobilisation and margins also stayed in focus through the day.

HDFC Bank: asset quality improved sequentially

HDFC Bank’s asset quality improved in the fourth quarter, with gross non-performing assets (GNPA) declining to 1.15% from 1.24% in the previous quarter. Net NPAs (NNPA) also contracted to 0.38% from 0.42% sequentially. The improvement was flagged as a key positive in the Q4 scorecard, particularly after investors closely tracked slippages and credit costs through the year.

HDFC Bank: profit, NII and provisioning snapshot

On standalone numbers, HDFC Bank reported net profit of ₹19,221 crore for Q4FY26, above an estimate cited at ₹19,053 crore. Net interest income (NII) rose 3.2% year-on-year to ₹33,082 crore, compared with ₹32,066 crore a year earlier. Provisions fell 18.3% year-on-year to ₹2,610 crore from ₹3,193 crore. The update also cited a cost-to-assets metric of 1.9% for Q4FY26.

HDFC Bank: dividend and management commentary highlights

HDFC Bank declared a final dividend of ₹13 per share. In management commentary shared during the live updates, the bank’s MD said deposit growth at 14% continued to be faster than credit, and that deposit mobilisation picked up in February and March 2026. The management also said there could be “a certain level of disruption” due to the West Asia conflict, with some impact potentially visible in Q1.

ICICI Bank: Q4 profit beat and FY26 profit growth

ICICI Bank reported Q4 earnings on Saturday, April 18. On a standalone basis, net profit rose 8.5% to ₹13,702 crore from ₹12,630 crore a year earlier, and was above a Street estimate of ₹12,949 crore. For FY2025-26, post-tax profit increased 6.2% to ₹50,147 crore, up from ₹47,227 crore in FY25.

ICICI Bank: revenue line items, margins and trading loss

ICICI Bank’s total income was ₹50,584 crore in Q4FY26 versus ₹49,691 crore a year ago. Net interest income was reported at ₹22,979 crore, compared with ₹21,193 crore in the year-ago period. Net interest margin (NIM) came in at 4.32%, up 2 bps sequentially. The management also said a ₹109 crore trading loss in Q4 was accounted for due to broader market movements.

ICICI Bank: asset quality, provisions, liquidity and balance sheet growth

ICICI Bank’s gross NPA ratio declined to 1.4% from 1.53% sequentially, while net NPA ratio fell to 0.33% from 0.37%. Provisions dropped sharply to ₹96.2 crore versus ₹891 crore year-on-year, and versus ₹2,556 crore sequentially, according to the live update bullets. The bank’s liquidity coverage ratio (LCR) was stated at 125% in Q4FY26. Total advances were ₹1,554,000 crore (₹15.54 trillion) as of March 31, up 15.8% year-on-year, while total deposits were ₹1,795,000 crore (₹17.95 trillion), up 11.4% year-on-year.

Yes Bank: Q4 profit jump and improving NPA ratios

Yes Bank’s Q4FY26 profit after tax was reported at ₹1,068.42 crore, up 44% year-on-year. The bank’s net interest income for the quarter was ₹2,638 crore, and the update also noted ₹2,466 crore in the prior quarter. On asset quality, the gross NPA ratio was reported at 1.3% (from 1.5%, down 20 bps sequentially), and NNPA was cited at 0.2%.

Yes Bank: FY26 profit, deposit mix and NIM target

In the post-earnings media call updates, Yes Bank’s management said FY26 net profit rose 45% year-on-year to ₹3,476 crore. It also guided that ₹800-1,000 crore recovery from security receipts is expected in FY27. Management commentary highlighted that 59% of deposits come from branch banking and retail CASA stands at 40%. Over a three-year period, Yes Bank set a target of 3.25%-3.5% net interest margin.

Key Q4FY26 numbers at a glance

Geopolitics and operating environment remained on the radar

Alongside headline results, the live blog carried management remarks around geopolitical risks and operating continuity. ICICI Bank said West Asia war-led issues were not a concern and that it was too early to assess any hit on remittances, while also noting employee safety efforts and offices in Dubai and Bahrain. HDFC Bank management also referred to a potential disruption due to the West Asia conflict, with some impact possibly visible in Q1.

What to watch next

From the disclosed commentary, near-term focus areas remain deposit mobilisation, margin trajectory and the durability of improving asset quality. ICICI Bank management flagged that margin outlook hinges on multiple macro factors, while also stating it has liquidity to expand lending in FY27. Yes Bank’s stated focus over the next three years is on consistent profitability, asset quality, retail granularity and sustainable returns, alongside its medium-term NIM target.