The Jammu & Kashmir Bank logo

The Jammu & Kashmir Bank share price

NSE: J&KBANKBSE: 532209BanksSmall Cap

The Jammu & Kashmir Bank Limited · Face value ₹1 · Listed Jul 1998
Last close ₹117.19down ₹5.06 (4.14%)BSE ₹117.35

Share price at the NSE close on 30 Oct 2026. Previous close ₹122.25.

30 Oct: open ₹121.36, high ₹121.80, low ₹116.30

52-week range of traded prices to 30 Oct 2026
₹97.35Low, 30 Dec 2025₹201.75High, 10 Jul 2026
Market cap
₹12,905 Cr461st largest listed
P/E
5.46
P/B
0.74
Dividend yield
Nonein the last 12 months
ROE
14.5%
NIM
3.78%
Gross NPA
2.23%
Net NPA
0.51%
CET1
13.88%
ROA
1.32%
Volume, NSE
17,01,814

The Jammu & Kashmir Bank share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

+10.8%over a year

Results20-session average 39,31,123 shares a day, 42.6% delivered

About The Jammu & Kashmir Bank

Jammu and Kashmir Bank is a commercial bank with its corporate headquarters in Srinagar, serving retail, corporate, agricultural and micro, small and medium business customers.12 The Reserve Bank of India has designated it the agency bank for government banking in the union territories of Jammu & Kashmir and Ladakh, its home market, and it also does business across the rest of India.13

Its products include home, car, personal, education and agriculture loans, trade and consumer credit, current and savings accounts, term deposits, debit and credit cards, remittances, and insurance and mutual funds it sells for other firms.45 Its mobile banking app is mPay Delight+, and its credit cards include the RuPay, Eminent and Platinum Privilege cards.67 It sells life insurance for LIC, PNB MetLife, Bajaj Life, SBI Life and HDFC Life, and general insurance for Bajaj General Insurance, IFFCO Tokio and New India Assurance.2

It was incorporated on 1 Oct 1938.2 Its wholly owned subsidiary, JKB Financial Services, offers share broking, depository services, margin trading and mutual fund distribution.8 The bank sponsors Jammu and Kashmir Grameen Bank, a regional rural bank in which it holds 35% alongside the Government of India and the Jammu & Kashmir government.9 Its promoters, the government of Jammu & Kashmir and the administration of Ladakh, held 59.40% of its shares at the end of Mar 2026; the bank says it has full operational autonomy, with the Jammu & Kashmir government as majority holder.10112

The Jammu & Kashmir Bank key points

Results

  • In the quarter to Sep 2026, the bank's net profit was ₹546 crore, up 10.6% from a year earlier, and its operating profit (income less operating expenses, before provisions and tax) was ₹789 crore, up 27%.1213
  • Net interest margin (interest earned less interest paid, as a share of interest-earning assets) was 3.17% in the quarter to Sep 2026, against 3.56% a year earlier.14
  • For the year to Mar 2026, the bank's standalone revenue was ₹14,085 crore and its standalone net profit ₹2,363.47 crore, the highest in its history.1516

Market position

  • The bank's share of bank branches in Jammu & Kashmir and Ladakh was 37.39% at the end of Mar 2026, and it has about 1.97 crore customer accounts there.17

Business segments

  • Consolidated segment revenue18
    Itemyear to Mar 2026year to Mar 2025
    Retail banking₹9,004.26 crore₹9,002.08 crore
    Treasury₹3,594.34 crore₹3,236.23 crore
    Corporate or wholesale banking₹2,623.39 crore₹2,697.54 crore
  • Retail banking serves individuals, employees, professionals, small businesses and non-resident Indians; corporate banking serves companies, government bodies, public sector firms and small and medium enterprises; treasury manages investments and the bank's liquidity.19

Loan book and deposits

  • At the end of Sep 2026, deposits were ₹1,76,796 crore, up 16.3% from a year earlier, net advances (loans after provisions) ₹1,31,234 crore, up 24.8%, and total business (deposits plus gross advances) ₹3,10,347 crore, up 19.4%.20
  • Retail, agriculture and micro, small and medium enterprise loans (RAM) made up 66.84% of gross advances at the end of Sep 2026, and corporate loans 33.16%.21
  • Gross advances and deposits by region22
    Itemquarter to Sep 2026
    Gross advances, J&K and Ladakh62.7%
    Gross advances, rest of India37.3%
    Deposits, J&K and Ladakh84.2%
    Deposits, rest of India15.8%
  • Current and savings account deposits (CASA), on which banks pay little or no interest, were 41.97% of deposits at the end of Sep 2026.23

Branches and reach

  • The bank has 1,008 branches, 835 in Jammu & Kashmir, 37 in Ladakh and 136 across 20 other states and union territories, and 1,445 ATMs.2425
  • Branches by area25
    Itemquarter to Sep 2026
    Rural54.2%
    Metro18.1%
    Semi-urban17.2%
    Urban10.6%
  • More than 94% of the bank's transactions are now digital, and active users of its mPay mobile banking app reached 27.07 lakh in March 2026.2627

Asset quality and capital

  • Gross non-performing assets (NPAs, loans that have stopped being repaid) were 2.23% of gross advances at the end of Sep 2026, against 3.32% a year earlier, and net NPAs, after provisions, 0.51%, against 0.76%.28
  • Provisions covered 91.76% of bad loans (the provision coverage ratio) at the end of Sep 2026, against 90.39% a year earlier.29
  • The bank said on its earnings call that gross slippages (loans newly classed as bad) were ₹234 crore in the half year to Sep 2026, against ₹550 crore a year earlier.30
  • The capital adequacy ratio (capital as a share of risk-weighted assets) was 16.57% at the end of Sep 2026, against 15.27% a year earlier, with common equity tier 1 capital (shareholders' equity counted as capital) at 13.88%.31

What the company expects

  • On its earnings call of 22 Oct 2026, the company said it expects loan growth of 14% plus, deposit growth of 12% plus, CASA ratio of 42% plus, return on assets of 1.20% plus and gross NPAs below 2% for the year to Mar 2027.3233
  • On its earnings call of 22 Oct 2026, the company said it expects 60% of the year's loan growth to come from retail and 40% from corporate lending.34
  • On its earnings call of 22 Oct 2026, the company said it plans to raise ₹1,000 crore of equity and ₹500 crore of debt, the debt expected in the quarter to Dec 2026 and the equity when the timing suits the bank.35

Recent events

  • On 16 Oct 2026, the bank completed the sale of a 0.50% stake in PNB MetLife India Insurance Company to MetLife International Holdings for ₹120,09,89,186; in July it had said the sale would take its holding from 3.034% to 2.534%.363738
  • On 11 Sep 2026, Care Edge Ratings reaffirmed its CARE AA-; Stable rating on the bank's Tier II bonds (bonds that count toward its regulatory capital), after India Ratings affirmed the bank's IND AA-/Stable long-term issuer rating on 20 Aug 2026.3940
  • On 1 Apr 2026, the bank rolled out its J&K Bank 2.0 project, through which it plans to restructure its operating model around customer engagement and business mobilisation, with full transition targeted for the year to Mar 2027.41
  • On 5 Dec 2025, the Reserve Bank of India imposed a penalty of ₹99.30 lakh on the bank for failures that included not escalating rejected complaints to its internal ombudsman and delays in crediting the Depositor Education and Awareness Fund.42

Last updated

All 42 sources, each with its page
  1. 1. Annual report, 29 Aug 2026, page 371
  2. 2. Investor presentation, 22 Oct 2026, page 4
  3. 3. Annual report, 29 Aug 2026, page 12
  4. 4. Annual report, 29 Aug 2026, page 230
  5. 5. Annual report, 29 Aug 2026, page 289
  6. 6. Annual report, 29 Aug 2026, page 94
  7. 7. Annual report, 29 Aug 2026, page 97
  8. 8. Annual report, 29 Aug 2026, page 154
  9. 9. Annual report, 29 Aug 2026, page 155
  10. 10. Annual report, 29 Aug 2026, page 22
  11. 11. Annual report, 29 Aug 2026, page 58
  12. 12. Investor presentation, 22 Oct 2026, page 6
  13. 13. Earnings call, 22 Oct 2026, page 5
  14. 14. Investor presentation, 22 Oct 2026, page 6
  15. 15. Annual report, 29 Aug 2026, page 56
  16. 16. Annual report, 29 Aug 2026, page 27
  17. 17. Annual report, 29 Aug 2026, page 22
  18. 18. Annual report, 29 Aug 2026, page 424
  19. 19. Annual report, 29 Aug 2026, page 230
  20. 20. Investor presentation, 22 Oct 2026, page 6
  21. 21. Investor presentation, 22 Oct 2026, page 8
  22. 22. Investor presentation, 22 Oct 2026, page 14
  23. 23. Earnings call, 22 Oct 2026, page 5
  24. 24. Investor presentation, 22 Oct 2026, page 4
  25. 25. Investor presentation, 22 Oct 2026, page 14
  26. 26. Investor presentation, 22 Oct 2026, page 15
  27. 27. Annual report, 29 Aug 2026, page 31
  28. 28. Investor presentation, 22 Oct 2026, page 6
  29. 29. Investor presentation, 22 Oct 2026, page 6
  30. 30. Earnings call, 22 Oct 2026, page 8
  31. 31. Investor presentation, 22 Oct 2026, page 6
  32. 32. Earnings call, 22 Oct 2026, page 6
  33. 33. Earnings call, 22 Oct 2026, page 8
  34. 34. Earnings call, 22 Oct 2026, page 9
  35. 35. Earnings call, 22 Oct 2026, page 16
  36. 36. Exchange filing, 16 Oct 2026, page 1
  37. 37. Exchange filing, 14 Jul 2026, page 1
  38. 38. Exchange filing, 14 Jul 2026, page 2
  39. 39. Exchange filing, 11 Sep 2026, page 1
  40. 40. Exchange filing, 20 Aug 2026, page 1
  41. 41. Annual report, 29 Aug 2026, page 98
  42. 42. Exchange filing, 5 Dec 2025, page 1

Results

Standalone, as consolidated accounts are on record for only 7 of the last ten years; ₹ crore. Total income is interest earned plus other income, fees and treasury gains among it.The Jammu & Kashmir Bank quarterly results

Total income growth, 12 months
+6.4%
Net profit growth, 12 months
+13.0%

Quarter to Sep 2026, against the quarter before

Total income
₹4,042 Crup 7.50%
Net profit
₹546 Crup 28.80%

Total income by quarter

₹3,448 CrDec 24₹3,616 CrMar 25₹3,519 CrJun 25₹3,447 CrSep 25₹3,593 CrDec 25₹3,531 CrMar 26₹3,760 CrJun 26₹4,042 CrSep 26
Peak total income ₹4,042 Cr, quarter to Sep 2026; lowest ₹3,447 Cr, quarter to Sep 2025

Net profit by quarter, a loss in red

₹532 CrDec 24₹585 CrMar 25₹485 CrJun 25₹494 CrSep 25₹587 CrDec 25₹798 CrMar 26₹424 CrJun 26₹546 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Total income3,4483,6163,5193,4473,5933,5313,7604,042
Net profit532585485494587798424546
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Other Retail Banking₹9,004 Crdown 0.05%58.8%
  • Treasury Operations₹3,594 Crup 12.77%23.5%
  • Corporate/Wholesale Banking₹2,623 Crdown 4.48%17.1%
  • Other Banking Business₹103 Cr0.7%
  • Digital Banking₹0 Cr0.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.The Jammu & Kashmir Bank PE ratio and valuation

Price to earnings

At or below today's level on 44% of 1,751 trading days over the last 10 years.

LowestHighest
Its median5.72Industry median12.65
Price to book

At or below today's level on 33% of 1,044 trading days over the last 5 years.

LowestHighest
Its median0.80Industry median1.20
Dividend yield

At or below today's level on 63% of 2,474 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.75%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+19.2%+13.5%+5.0%0.0%
3 years+32.2%+22.7%+6.6%1.3%
5 years+34.8%+28.8%+3.9%1.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.The Jammu & Kashmir Bank shareholding pattern

Shareholding by group

  • Promoters59.40%
  • Foreign institutions11.62%
  • Indian institutions7.42%
  • Individuals and others21.56%
Holder
CHIEF SECRETARY JAMMU AND KASHMIR GOVTPromoter51.89%
FINANCE SECRETARY UT LADAKHPromoter4.16%
SECRETARY FINANCE DEPTT JAMMU AND KASHMIR GOVTPromoter3.35%
BOWHEAD INDIA FUNDForeign portfolio investors, category I1.99%
MUKUL MAHAVIR AGRAWALResident individuals, over ₹2 lakh at face value1.50%
SANJEEV ARORA .Non-resident Indians1.22%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions +2.24 pts, Indian institutions −0.42 pts, mutual funds −0.01 pts.

Mutual fund holdings

71 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 49 of the 60 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 71 funds holding The Jammu & Kashmir Bank

Added
23
Cut
37
Held unchanged
11
Sold out
3
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.The Jammu & Kashmir Bank insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Others: no market trade · 3 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

The Jammu & Kashmir Bank competitors and peers

Private Sector Bank, 20 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to The Jammu & Kashmir Bank in market cap.Finance companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Karur Vysya Bank logoKarur Vysya BankKARURVYSYA34,42511.642.24+13.6%+40.6%21.0%1.96%4.19%0.73%
Bandhan Bank logoBandhan BankBANDHANBNK24,86513.350.94+0.8%+51.7%7.3%0.61%5.94%0.97%
City Union Bank logoCity Union BankCUB21,22314.241.90+21.6%+23.3%14.1%1.52%3.57%0.93%
The South Indian Bank logoThe South Indian BankSOUTHBANK14,5369.171.20+4.7%+16.8%14.0%1.09%2.80%0.81%
Tamilnad Mercantile Bank logoTamilnad Mercantile BankTMB12,6898.041.18+17.6%+29.9%15.6%1.89%3.85%1.56%
The Karnataka Bank logoThe Karnataka BankKTKBANK11,2847.260.81+3.3%+35.4%11.7%1.05%2.96%1.68%
DCB Bank logoDCB BankDCBBANK6,2067.390.89+10.3%+25.4%13.0%0.89%3.22%0.75%
CSB Bank logoCSB BankCSBBANK5,1337.470.99+15.7%+10.6%13.9%1.20%3.61%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.

Dividends

Per share, by the year it was paid for, and the latest payments.The Jammu & Kashmir Bank dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 17Mar 18Mar 19Mar 20Mar 21Mar 220.5Mar 232.2Mar 242.2Mar 25Mar 26
Highest ₹2.15 a share, years to Mar 2024 and Mar 2025.
Ex-dateTypePer share
19 Aug 2025Final₹2.15
9 Aug 2024Final₹2.15
17 Aug 2023Final₹0.50
11 Jul 2016Final₹1.75
13 Aug 2015Final₹2.10
24 Jul 2014Final₹50.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.The Jammu & Kashmir Bank announcements

The Jammu & Kashmir Bank share price by year

Each calendar year to 2025.The Jammu & Kashmir Bank share price history

YearClose at year endChangeHighest closeLowest close
2025100.30−0.5%116.7288.47
2024100.82−18.0%147.6591.18
2023123.00+116.9%134.0545.65
202256.70+56.0%61.6524.10
202136.35+57.0%47.7522.60
202023.15−22.4%30.9511.10
201929.85−20.8%64.8029.55
201837.70−52.0%82.0535.65
201778.55+32.4%95.4559.45
201659.35−27.9%90.0556.60
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
29 Oct 2026121.10123.05120.44122.25121.7718,03,30635.2%
28 Oct 2026123.75123.75120.81121.83121.7716,78,23535.7%
27 Oct 2026116.08124.36115.45123.91122.7653,51,54839.5%
26 Oct 2026112.23117.64112.23117.02115.5252,65,51331.2%
23 Oct 2026135.08135.87111.60113.09117.142,31,92,35528.4%
22 Oct 2026135.47142.28132.62135.08137.751,12,10,56613.5%
21 Oct 2026140.27140.27134.50135.50136.5921,61,61941.8%
19 Oct 2026135.15140.27134.35139.35137.8429,00,38237.3%
16 Oct 2026137.48137.63133.70134.33135.3312,50,15051.8%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
4 Sep 2014Split0.1000Each share became 10.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
SANKARASUBRAMANIAN KRISHNAN
At the end of the quarter to Sep 2026
Managing director and CEO
AMITAVA CHATTERJEE
At the end of the quarter to Sep 2026
NSE symbol
J&KBANK
BSE code
532209
ISIN
INE168A01041
Industry
Banks
CIN
L65110JK1938SGC000048
Corporate identity number, the registrar of companies' code for it
Incorporated
1938
Registered office
Corporate Head Quarters, Maulana Azad Road, Srinagar 190001, Jammu & Kashmir
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments