Shares of Jammu & Kashmir Bank Ltd. (NSE: J&KBANK) closed lower on January 20, 2026, after the lender reported its financial results for the December quarter, as investors assessed the latest earnings performance and balance sheet indicators.
The stock ended at ₹99.0 on both the BSE and NSE, down about 3.8% intraday, according to exchange data. The decline came despite year-on-year profit growth, with the share price reflecting market reaction to the overall earnings mix and revenue trends. J&K Bank shares have shown volatility in recent months, tracking movements in broader banking stocks and earnings-related developments.
Market Capitalization
At the close of trade, J&K Bank’s market capitalization stood at approximately ₹10,900 crore, placing the lender in the mid-sized segment of India’s listed banking space.
Latest Quarterly Results
For the quarter ended 31 December 2025 (Q3 FY2026), J&K Bank reported consolidated revenue of ₹5,072.95 crore, marking an increase of about 0.5% year-on-year. Revenue growth remained modest during the period, reflecting slower expansion in certain income streams.
Net profit rose to ₹586.73 crore, compared with ₹531.51 crore in the corresponding quarter of the previous year, representing growth of about 10.4%. The improvement in profitability was supported by higher net interest income and continued moderation in asset quality stress.
Net interest income for the quarter stood at ₹4,388.30 crore, up 1.7% year-on-year, indicating steady performance in the bank’s core lending operations. Other income declined to ₹684.65 crore, compared with the year-ago period, weighing on overall revenue growth.
Asset quality indicators showed further improvement during the quarter. The gross non-performing asset (NPA) ratio declined to 3.00%, while the net NPA ratio fell to 0.68%, reflecting continued progress in reducing stressed assets and improving recoveries.
Financial Trends
From an operating perspective, J&K Bank continued to report stable quarterly trends, with incremental improvement in profitability and asset quality metrics. However, revenue growth remained relatively subdued, with limited contribution from non-interest income streams.
On the market side, the bank’s stock price has tracked earnings-related developments over the past three calendar months, with investors responding to changes in profitability, asset quality, and broader sentiment toward public sector banks.
Business & Operations Update
During the quarter, J&K Bank reported growth in both deposits and advances, supporting balance sheet expansion. The bank also maintained its focus on asset quality improvement, as reflected in lower NPA ratios.
Capital adequacy remained stable at around 15% under Basel III norms, providing a buffer to support ongoing operations and regulatory requirements.
Performance Summary
J&K Bank shares declined on the day the December-quarter results were announced. The lender reported year-on-year growth in net profit, while revenue growth remained marginal. Asset quality metrics continued to improve, and capital adequacy stayed within regulatory norms. The stock’s movement reflected investor assessment of the earnings mix and revenue trajectory following the quarterly disclosure.