Jammu & Kashmir Bank announced Q4FY26 & FY26 results Standalone Financial Highlights: Interest Earned: For Q4FY26, interest earned stood at Rs 3,271.67 crore, showing a QoQ decrease of 1.26% from Rs 3,313.44 crore in Q3FY26, and a YoY growth of 1.86% from Rs 3,211.85 crore in Q4FY25. For FY26, it reached Rs 13,145.20 crore, a YoY increase of 4.86% from Rs 12,535.86 crore in FY25. Total Income: The bank recorded a total income of Rs 3,531.06 crore in Q4FY26, representing a QoQ decline of 1.68% compared to Rs 3,591.35 crore in Q3FY26, and a YoY decline of 2.28% from Rs 3,613.53 crore in Q4FY25. For FY26, total income was Rs 14,085.05 crore, up 3.06% YoY from Rs 13,666.22 crore in FY25. Operating Profit: Operating profit before provisions and contingencies for Q4FY26 was Rs 910.79 crore, up 16.73% QoQ from Rs 780.25 crore in Q3FY26, and up 13.85% YoY from Rs 800.02 crore in Q4FY25. For FY26, it reached Rs 2,986.50 crore compared to Rs 2,929.79 crore in FY25. Net Profit: The standalone net profit for Q4FY26 stood at Rs 797.80 crore, marking a robust QoQ growth of 35.97% from Rs 586.73 crore in Q3FY26, and a YoY increase of 36.48% from Rs 584.54 crore in Q4FY25. For FY26, net profit grew by 13.50% YoY to Rs 2,363.48 crore from Rs 2,082.46 crore in FY25. Asset Quality: Gross NPA ratio improved to 2.50% in Q4FY26 compared to 3.00% in Q3FY26 and 3.37% in Q4FY25. Net NPA ratio improved to 0.64% in Q4FY26 from 0.68% in Q3FY26 and 0.79% in Q4FY25. Capital Adequacy: The Capital Adequacy Ratio (BASEL III) improved to 16.55% in Q4FY26 compared to 15.00% in Q3FY26 and 16.29% in Q4FY25. Earnings Per Share (EPS): Basic and diluted EPS for Q4FY26 was Rs 7.24, up from Rs 5.33 in Q3FY26 and Rs 5.31 in Q4FY25. The annual EPS for FY26 was Rs 21.46 compared to Rs 18.91 in FY25. Consolidated Financial Highlights: Interest Earned: Consolidated interest earned for Q4FY26 was Rs 3,273.34 crore, compared to Rs 3,314.94 crore in Q3FY26 and Rs 3,213.39 crore in Q4FY25. For FY26, it was Rs 13,150.73 crore. Total Income: Consolidated total income for Q4FY26 reached Rs 3,535.79 crore, against Rs 3,595.32 crore in Q3FY26 and Rs 3,616.59 crore in Q4FY25. For FY26, total income was Rs 14,101.38 crore. Net Profit: Consolidated net profit for Q4FY26 stood at Rs 797.78 crore, compared to Rs 586.74 crore in Q3FY26 and Rs 584.54 crore in Q4FY25. For FY26, net profit was Rs 2,363.47 crore compared to Rs 2,082.45 crore in FY25. Business Highlights Deposits: Total standalone deposits reached Rs 1,65,354.00 crore as of March 31, 2026, showing a growth of 11.30% YoY compared to Rs 1,48,569.46 crore as of March 31, 2025. Advances: Total standalone advances grew by 17.70% YoY to Rs 1,22,641.02 crore as of March 31, 2026, compared to Rs 1,04,198.72 crore as of March 31, 2025. Segment Performance: Treasury Operations: Rs 3,594.34 crore. Corporate/Wholesale Banking: Rs 2,617.82 crore. Retail Banking: Rs 8,993.49 crore. Other Banking Business: Rs 102.61 crore. Net Worth: The bank's standalone net worth increased to Rs 15,045.86 crore as of March 31, 2026, up from Rs 13,013.26 crore in the previous year. Network: The bank's operations are supported by a network including the Head Office, 2 Zonal offices, the IBR Department, and 1,040 branches/offices (of which 956 were audited by statutory branch auditors). Amitava Chatterjee, MD & CEO, said: “Even against a backdrop of geopolitical uncertainties and a demanding local environment, the Bank delivered record profits for the fourth consecutive year - alongside sustained improvement in asset quality and strong capital adequacy – underscoring its resilience and disciplined execution. Significantly, the Bank has also been able to rationalize its operating expenses even as the business scales up, thereby enhancing operational efficiency and strengthening overall productivity.” “With historic profits of Rs 2363.47 crore, a GNPA at 2.5%, PCR exceeding 90% and CRAR over 16.50%, our Bank stands well-positioned to accelerate the next phase of growth journey. This remarkable performance is a testament to the dedication of our staff, the unwavering trust of our customers, and the steadfast support of our promoters - Governments of J&K; and Ladakh.” “Despite healthy growth in our loan book, the increase in interest income was relatively muted. This was largely on account of the cumulative 125 basis points reduction in policy rates by the Reserve Bank of India during the calendar year 2025, which resulted in lower lending rates across our repo- and MCLR-linked portfolios, impacting overall earnings. Additionally, intense competition among the banks for deposit mobilization exerted pressure on funding costs, further moderating the growth in net interest income.” “Our performance for the year reflects the strength of our fundamentals and the consistency in our execution strategy. We have been able to scale our advances book at a healthy pace while maintaining stability in our liability franchise, which remains central to our growth approach.” “Going forward, we remain focused on leveraging emerging opportunities across geographies in rest of the country while deepening our presence in core markets of J&K; and Ladakh. The strategic thrust continues to be on expanding retail lending, supporting MSMEs and enhancing credit flow to the agriculture sector. “This time, our CSR program merits a special recognition. Over the past three financial years, the Bank has deployed close to Rs 100 crore (Rs 96 crore) towards effective interventions across healthcare, education, environmental sustainability, skill enhancement, and community development - touching lives and creating meaningful impact in line with our larger commitment to contribute towards Sustainable Development Goals (SDGs).” “The trust and confidence of our stakeholders continue to inspire us as we are on course to accelerate the next phase of our growth journey with renewed focus and commitment.” Result PDF