Jammu & Kashmir Bank Reports Q1 Results for June 2026; Total Assets Stand at 1,98,837.68 Crore
Jammu & Kashmir Bank Limited released its financial results for the quarter ended June 30, 2026, detailing performance across both standalone and consolidated operations. The Bank reported key figures concerning capital structure, asset base, and profitability for the period.The Standalone Balance Sheet as of June 30, 2026 shows total liabilities at 1,98,837.68 crore. Capital stood at 110.13 crore. Reserves and Surplus increased to 17,138.76 crore compared to 14,670.67 crore in the previous year (FY 2025-26). Deposits totaled 1,73,420.33 crore, while borrowings stood at 4,381.00 crore.
Total Assets for the standalone entity were reported at 1,98,837.68 crore. The composition of assets included Advances at 1,28,183.11 crore and Investments at 43,249.84 crore.
The consolidated financial results also reflected a total liability base of 1,98,599.47 crore as of June 30, 2026. Reserves and Surplus for the Group stood at 16,893.31 crore. Deposits totaled 1,73,404.49 crore. Total Assets for the consolidated entity were reported at 1,98,599.47 crore, with Advances being the largest asset category at 1,28,168.19 crore.
Key Financial Metrics and Policy Updates
The review of the results included a change in accounting policy effective April 1, 2026, regarding the recognition of expenditure and income related to the purchase and sale of Priority Sector Lending Certificates (PSLCs). Under this revised policy, such income and expenditure are recognized systematically over the validity period of the respective PSLCs instead of being fully recognized during the transaction quarter. This change resulted in an increase of 56.29 crore in the Bank's Profit after Tax for the quarter ended June 30, 2026.Additionally, it was noted that 263.63 crore was transferred from the Investment Fluctuation Reserve (IFR) to the General Reserve during the quarter following the discontinuation of the requirement to maintain the IFR.
Standalone Financial Summary (in Crores)
The table below provides a summary of key financial data points for the Bank's standalone operations across three periods:| Particulars | As at 30.06.2026 (Reviewed) | As at 31.03.2026 (Audited) | As at 30.06.2025 (Reviewed) |
|---|---|---|---|
| Capital | 110.13 | 110.13 | 110.13 |
| Reserves and Surplus | 17,138.76 | 16,639.73 | 14,670.67 |
| Deposits | 1,73,420.33 | 1,65,354.00 | 1,48,541.82 |
| Borrowings | 4,381.00 | 3,431.00 | 2,382.84 |
| TOTAL Liabilities | 1,98,837.68 | 1,89,193.99 | 1,70,819.96 |
| Advances (Assets) | 1,28,183.11 | 1,22,641.02 | 1,01,230.11 |
Segment Reporting Highlights
The Bank's segment results for the quarter ended June 30, 2026, show activity across Treasury Operations, Corporate/Wholesale Banking, and Retail Banking.| Segment | Revenue (in Crores) |
|---|---|
| Corporate/Wholesale Banking | 93,593 |
| Retail Banking | 2,25,5321 |
| Treasury Operations | 16,541 |
The Bank's share of profit from the Associate (Jammu & Kashmir Grameen Bank) for the quarter amounted to (3.48 crore.
Consolidated Segment Performance
Consolidated segment reporting shows results as follows:| Segment | Revenue (in Crores) |
|---|---|
| Corporate/Wholesale Banking | 9,37,41 |
| Retail Banking | 2,25,873 |
| Treasury Operations | 882.46 |
J&KBANK Stock Price Movement
Shares of The Jammu & Kashmir Bank Limited are shedding value in live trading, dipping 5.85% to trade at ₹166.92 as of 2:41 PM today. This decline occurs while the stock remains within its intraday range, having touched a low of ₹165.15.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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