Shares of ICICI Bank, a leading private lender in India, increased by 2% to reach a day's high of ₹1,369 following the announcement of its Q4 FY26 results. The bank reported a net profit of ₹13,702 crore, marking an 8.5% year-on-year growth from ₹12,630 crore in the same quarter last year. Its net interest income rose by 8.4% to ₹22,979 crore compared to ₹21,193 crore in the previous year. The bank's board has also recommended a dividend of ₹12 per share, pending necessary approvals.

Analysts have responded positively to the results. Jefferies maintained a buy rating with a target price of ₹1,670, suggesting a 23% upside, citing expectations of loan growth strengthening to around 15% in FY27. Bernstein, on the other hand, kept a market perform rating with a target of ₹1,550, noting steady performance despite external uncertainties. Nomura raised its target price to ₹1,620, while Motilal Oswal set a target of ₹1,750, emphasizing the bank's strong quarterly performance and asset quality.

Elara Capital also maintained a buy rating with a target price of ₹1,783, highlighting healthy loan growth and stable net interest margins. Overall, the consensus among analysts points to a stable performance and a promising outlook for ICICI Bank in the coming financial years.