From mint · Vaamanaa Sethi · · 2m
Top Banking Share to Buy After Q2 Results 2026
Market analysts identify HDFC Bank and ICICI Bank as top picks for Q2 2026 results.
In brief
Market analysts identify HDFC Bank and ICICI Bank as top picks for Q2 2026 results. HDFC Bank and ICICI Bank show strong financials with high net profits and stable margins after Q2 2026 results. Originally reported by mint.
Q2 2026 Results Overview
Market analysts remain bullish on banking stocks after private sector banks like HDFC Bank, ICICI Bank, Axis Bank, Yes Bank, and IDBI Bank released Q2 results ending September 30, 2026.
HDFC Bank Q2 Performance
HDFC Bank reported a 4.6% year-on-year net profit increase to ₹ 19,510 crore with a 9.7% year-on-year rise in net interest income to ₹ 34,620 crore.
HDFC Bank Strengths
HDFC Bank has an industry-best cost-to-income ratio of 39.1%, a gross non-performing asset ratio of 1.11%, and a capital adequacy ratio of 18.9%.
Axis Bank Q2 Performance
Axis Bank posted a 37.6% year-on-year net profit increase to ₹ 7,003.3 crore with a 11.8% year-on-year rise in net interest income to ₹ 15,371.4 crore.
Axis Bank Strengths
Axis Bank improved asset quality with a gross non-performing asset ratio of 1.16% and a net non-performing asset ratio of 0.35%.
ICICI Bank Q2 Performance
ICICI Bank reported a 20.1% year-on-year net profit increase to ₹ 14,843 crore with a 17.7% year-on-year rise in net interest income to ₹ 25,339 crore.
ICICI Bank Strengths
ICICI Bank leads with a sector-leading net interest margin of 4.18%, low credit costs at 0.3%, and a strong CASA base of 35.8%.
Yes Bank Q2 Performance
Yes Bank reported a 22.7% year-on-year net interest income increase to ₹ 2,822.5 crore with a 65% year-on-year net profit increase to ₹ 1,080 crore.
Yes Bank Risks
Yes Bank faces regulatory risks from a Supreme Court ruling upholding an ₹ 8,415 crore AT-1 bond write-down.
IDBI Bank Q2 Performance
IDBI Bank reported a 39.2% year-on-year drop in net profit to ₹ 2,206 crore with a 29% year-on-year rise in net interest income.
Investment Recommendations
For long-term investors, ICICI Bank and HDFC Bank are top-tier holdings due to strong balance sheets and diversified earnings. Axis Bank offers balanced risk-reward growth.
Technical Analysis
ICICI Bank shows technical strength with consolidation between ₹ 1,200-₹ 1,482 and potential upside to ₹ 1,620 if resistance at ₹ 1,482 is broken.
What matters most
HDFC Bank and ICICI Bank show strong financials with high net profits and stable margins after Q2 2026 results.
