The Jammu & Kashmir Bank Limited — Investor Meet, 03-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Jammu & Kashmir Bank reported Q1 FY27 financial results, with operating profit at 703 Cr (up 5% YoY) and net profit at 424 Cr. Deposit and advance growth outpaced the system at 16.75% and 25.44% YoY, respectively, leading the bank past 3 lakh Cr business. NIM compressed to 3.28% due to tactical corporate lending and higher-cost deposits to maintain growth momentum. Asset quality improved with GNPA at 2.37% and NNPA at 0.60%. Management expects improved margins and ROA from Q2, driven by increased retail focus in J&K and Rest of India, and shedding high-cost bulk deposits. The bank plans branch network expansion and is exploring a capital raise, with confidence in achieving its FY27 guidance.