ICICIBANK

Slips on Q3 Miss, Brokerages Stay Bullish

shares fell over 3 percent in early trade after the lender reported a 4 percent year-on-year decline in Q3 FY26 profit due to higher one-off provisions, despite steady operating performance. Brokerages remained positive on the stock, citing stable margins at 4.3 percent, healthy loan growth led by the corporate segment, improving asset quality with gross NPAs easing to 1.53 percent, and an improving deposit trajectory, while the extension of CEO Sandeep Bakhshi’s tenure removed a key overhang and reinforced confidence in the bank’s long-term outlook.