Jammu and Kashmir Bank Share Price in Focus; Reports 13% Profit Growth in FY26 Results

Jammu and Kashmir Bank reported its highest-ever annual profit of ₹2,363.47 crore for FY 2025-26, marking its fourth consecutive year of record earnings. This reflects a year-on-year growth of over 13% compared to ₹2,082.46 crore in FY25. The performance came despite a one-time impairment provision of ₹179 crore related to its investment in J&K Grameen Bank.

The bank also delivered a strong quarterly performance, reporting a net profit of nearly ₹800 crore in Q4FY26, significantly higher than ₹584.54 crore recorded in the same period last year.

Operational Highlights

The bank’s operational metrics showed consistent improvement during the year. Net interest margin stood at 3.60%, indicating stable core income generation. Return on Assets improved to 1.78% for the quarter, while the full-year RoA was recorded at 1.37%.

Cost efficiency also improved, with the cost-to-income ratio declining to 56.18%, marking the fourth consecutive year of improvement. Return on Equity stood at 16.85%, reflecting strong profitability relative to shareholder capital.

However, net interest income growth remained modest at ₹5,875.77 crore, partly impacted by reductions in repo rates.

Business Growth Momentum

The bank maintained a healthy growth trajectory in FY26, with total business expanding 13.61% year-on-year to ₹2,90,341 crore. Deposits grew 11.30% to ₹1,65,354 crore, while net advances saw a robust increase of 18%, reaching ₹1,22,641 crore.

CASA deposits rose by 8.07% to ₹75,478 crore, with the CASA ratio improving to 45.65%, indicating a strong low-cost deposit base.

Improved Asset Quality and Capital Strength

Asset quality showed significant improvement, with the gross NPA ratio declining to 2.5% and net NPA standing at 0.64%. The provision coverage ratio remained strong at over 90%, reflecting prudent risk management.

The bank’s capital adequacy ratio stood at 16.55%, providing a solid buffer for future growth.

Jammu and Kashmir Bank Share Price Today

On May 6, 2026, J&K Bank share price opened at ₹137.92, touching the day’s low at ₹129.62, as of 11:44 AM on the NSE.

Also Read: Jammu & Kashmir Bank Appoints 2 New Directors in April 2026!

Conclusion

J&K Bank’s FY26 performance highlights its strong fundamentals, improved asset quality, and sustained growth momentum. With consistent profitability and a strengthened balance sheet, the bank is well-positioned to navigate evolving market conditions and drive long-term value.

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