HDFC, ICICI, Axis, Kotak Mahindra, To Yes Bank: 5 Banks To Report Their Q1 Result on Saturday| What To Expect?

This weekend will be a power packed line-up for financial sector giants as private banks like HDFC Bank, ICICI Bank, Axis Bank, and Kotak Mahindra Bank will announce their first quarter result for the financial year 2026-27 on Saturday, July 18. Investors and market participants will closely watch these Q1 earnings as the performance of these banking heavyweights is expected to set the tone for the banking sector.

Axis Bank Q1 Result Preview

Axis Bank's loan growth remained strong at 25.8% on a year-on-year basis and its deposits also surged by 23.5% on a year-on-year (YoY) basis. Its margins could moderate slightly due to higher CoD, as per Mirae Asset Sharekhan report.

"Stress should ease from unsecured and thus lead to stable asset quality. PAT growth driven by strong top-line," as per the brokerage report.

The decline in stress in Q1FY26 is likely to coincide with decline in NIMs by 5 bp on a sequential basis amid faster growth in corporate adn due to seasonally higher slippages in Q1FY26.

NII growth is likely to remain flattish and lower than the growth in advances, with NIM expected to remain lower by 2 bps, as per Centrum report. "PPoP is anticipated to see a rise QoQ at ~11.4% due to higher fee income and interest income. On the earnings front, the bank is likely to report a decline of 4.2% QoQ as Q1 is a seasonally weaker quarter," as per the report.

ICICI Bank Q1 Result Preview

ICICI Bank's net interest margin (NIMs) are expected to decline marginally, by around 2 basis points (bps) on a sequential basis, noted Mirae Asset highlighting faster corporate loan growth and sticky deposits in Q1.

"Fee income to slightly moderate but should be in-line with credit momentum. Credit cost to increase QoQ, KCC portfolio could see some stress owing to seasonal factors," as per Mirae Asset report.

Stemming the expectations of NIM decline, Motilal Oswal stated "NIMs to decline slightly. Adj NIMs to be largely flat QoQ amid deposit repricing and interest reversals in 1Q."

Kotak Mahindra Bank Q1 Result Preview

Kotak Mahindra Bank's first quarter result may include strong in provisional QoQ advances growth, stable NIMs, and lower fee income on a sequential basis, as per Systematix Institutional Equities report.

However, Motilal Oswal sees NIM contraction and surge in credit cost during the quarter. "Expect NIMs to contract by 14bp QoQ to 4.53% from elevated levels in 4Q. Credit cost to see a marginal uptick, partially offset by decreasing stress from MFI and CC," as per Motilal Oswal report.

Yes Bank Q1 Result Preview

Yes Bank's NII can surge by 17% on an annual basis and around 5% on a quarterly basis, as per CNBC TV 18 report. Analysts are expecting its PPOP to surge by 23% from the previous year and around 3% jump from quarter, as per CNBC TV 18 report.

HDFC Bank Q1 Preview

HDFC Bank's net interest margins (NIMs) are likely to remain flat on a sequential basis, as per Motilal Oswal report. The brokerage expects a 2 basis points decline in HDFC Bank NIMs on a quarterly basis amid interest reversals on seasonal agri stress. However, there will be an annual improvement in loans seen to 15.4%, highlighted Mirae Asset Sharekhan in its report.

The private lending giant's loan growth is expected to be at 2.4% on a sequential basis and around 14.5% on a yearly basis. The loan growth is likely to be led by sectors like corporate, BB, agri, gold loans, etc. However, mortgage loan growth may lag, as per Motilal Oswal report.