# ICICI Bank Net Profit Rises 20% to 14,843 Crore on Strong NII

- URL: https://stocks.freetheai.org/news/icici-bank-net-profit-rises-20-to-14-843-crore-on-strong-nii-91d413
- Published: 2026-10-18T04:15:21Z
- Category: earnings; sentiment: mixed; impact: medium
- Symbols: [NSE:ICICIBANK](https://stocks.freetheai.org/symbols/NSE-ICICIBANK)
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ICICI Bank Limited (NSE:ICICIBANK) reported a 20% year-over-year increase in second-quarter net profit to 14,843 crore, up from 12,359 crore in the same period last year. The profit growth was largely driven by an 18% expansion in core net interest income.

Despite the earnings gains, the bank experienced slight margin compression during the quarter. Net interest margin slipped to 4.18% from 4.36% in the preceding quarter, affected by aggressive branch expansion and the gathering of $18 billion in foreign currency non-resident deposits. Treasury operations registered a 230 crore loss, reversing from a 220 crore profit a year ago due to rising government bond yields.

Looking ahead, management signaled that net interest margins could face further downside in the third quarter as the full impact of deposit mobilization takes effect across operations.

## Key points

- ICICI Bank Q2 net profit increased 20% year-over-year to 14,843 crore.
- Core net interest income expanded by 18% compared to the year-ago period.
- Net interest margin compressed to 4.18% from 4.36% in the previous quarter.
- Treasury operations recorded a 230 crore loss due to higher government security yields.
- Management anticipates continued pressure on net interest margins in the third quarter.

## Questions and answers

### What was ICICI Bank's net profit in the second quarter?

ICICI Bank posted a second-quarter net profit of 14,843 crore, up 20% compared to 12,359 crore in the year-ago period.

### Why did ICICI Bank's net interest margin decrease?

Net interest margin narrowed to 4.18% from 4.36% in the preceding quarter, driven by branch expansion costs and $18 billion gathered in foreign currency non-resident deposits.

### What impacted ICICI Bank's treasury operations?

Treasury operations swung to a 230 crore loss from a 220 crore gain a year earlier, largely due to a steep rise in government security yields.