J&K Bank share price today

Jammu and Kashmir Bank Ltd's share price was ₹121.23 at the close on 4 November 2026. It has been rising for 35 weeks. That is 11.6% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 14 weeks running.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Jammu and Kashmir Bank Ltd is in stage 2. The phase helps read everything below.

In the last 52 weeks it traded between ₹98 and ₹193, and at that close it sat 24% of the way up from that low.

Over the last 11 years the share price moved +87% while the NIFTY 500 moved +249%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 31 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), foreign funds (FIIs) raised their stake for 4 quarters in a row and highest quarterly revenue in 16 quarters.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹3,729 crore, +13.2% on a year earlier.

2. Foreign funds (FIIs) raised their stake for 4 quarters in a row

   From 7.9% to 11.6% of the company by the September 2026 quarter.

3. Highest quarterly revenue in 16 quarters

   Revenue of ₹3,729 crore in the September 2026 quarter is the highest of the last 16 quarters.

J&K Bank paid no dividend in the 12 months to 5 November 2026. The last was a dividend of ₹2.15 a share, ex-date 19 August 2025.

J&K Bank dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Not in its latest year. Jammu and Kashmir Bank Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 6 of its last 13 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

For July to September 2026 (the quarter ended 30 September 2026), J&K Bank reported total income of ₹3,729 crore, up 13.2% from ₹3,293 crore a year earlier, and a profit of ₹553 crore, up 11.7% from ₹495 crore.

J&K Bank results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

J&K Bank's management discussed these results on a call held on 22 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.

J&K Bank closed at ₹121.23 on 4 November 2026, up 15.2% from ₹105.21 a year earlier (7 November 2025) and up 167.9% over five years. Its highest weekly close since March 2016 was ₹192.65 on 10 July 2026.

J&K Bank share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

564 weekly closes from 4 March 2016 to 4 November 2026.

4 Nov 2026: J&K Bank closed at ₹121.23, up 3.4% on the week and down 13.4% on the month. 22 Oct 2026: J&K Bank held its results call for July to September 2026.

Earlier

• Results for July to September 2026: Total income up 13.2% and profit up 11.7% on a year earlier.

On the call for July to September 2026, held on 22 October 2026, J&K Bank's management spoke about the quarter; the main points are below.

Source: the call transcript.

From the call for July to September 2026, 22 October 2026.

What is changing at J&K Bank, from the latest results and calls: employee cost structural decline, credit growth outperformance (roi diversification) and nim recovery via ridf maturity + j&k retail rebound.

• Employee Cost Structural Decline. High-cost retirees (pension NPS migration) replaced at lower cost, FY26 cost fell 11% on a year earlier to ₹2,500 crore; FY27 guided below ₹2,500 crore, perpetuating operating leverage. ⚠ estimate
• Credit Growth Outperformance (ROI Diversification). Advances +16.8% vs system 11.7%; ROI advances +28.8% vs J&K 9.5%; medium-term 50-50 goal reduces single-geography concentration. ⚠ estimate
• NIM Recovery via RIDF Maturity + J&K Retail Rebound. J&K retail personal loan income recovering in 1-1.5 quarters; RIDF ₹3,000 crore/year maturities redeploy into higher-yield credit; CEO signals NIM can reach 4% vs 3.5% guidance. ⚠ estimate
• Asset Quality, GNPA Normalization. GNPA 2.50%, NNPA 0.64%, PCR >90%, zero credit cost, SMA total from 22.33% to 12.07%, sixth consecutive year of improvement. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the latest results, written 17 May 2026.

FY27 NIM guided 3.5% vs explicit Jan 2026 floor commitment of 3.65%+; CASA cut from 48% to 45%; QIP urgency reversed from patient to urgent within one quarter, all post-hoc not proactive.

The main risks

• Management Consistency Failures, three cross-call reversals: FY27 NIM guided 3.5% vs explicit Jan 2026 floor commitment of 3.65%+; CASA cut from 48% to 45%; QIP urgency reversed from patient to urgent within one quarter, all post-hoc not proactive. ✓ fact
• NIM Structural Headwind from Deposit Mix Shift: Household savings migrating from bank deposits (40.9% FY21 → 35.2% FY25) to mutual funds; CASA structurally pressured; cost of deposits 4.69%; rate transmission from RBI cuts incomplete. ✓ fact
• J&K Geopolitical and Regional Uncertainty: Core J&K geography (63% of advances) exposed to disturbances, natural calamities, and World Bank growth forecast cut from 7.2% to 6.6%; J&K personal loan income was specifically weak in FY26. ✓ fact

Our read after the latest results, written 17 May 2026.

When J&K Bank reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: April to June 2026 NIM print, if below 3.4%, management NIM narrative has broken.

J&K Bank is on 2 of our India lists: Small & mid cap stocks and Bank stocks.

Jammu and Kashmir Bank Ltd earned ₹553 Cr of net profit in the Sep 2026 quarter, +11.7% on the same quarter a year earlier. Full-year FY26 profit was ₹2,360 Cr. Over 10 years profit has grown 19.0% a year on average. That is 14.8% of the quarter's revenue. The same quarter a year earlier earned ₹495 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹2,360 Cr (+13.4% on the year before).

Why profit moved: revenue changed +13.2% on a year earlier and the margin moved −0.2 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +11.8% and revenue +6.7%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

FY27-Q1. revenue ₹3,547 Cr and profit ₹429 Cr as reported.

FY27-Q2. revenue ₹3,729 Cr and profit ₹553 Cr as reported.

Why-sources: our stock research file (17 May 2026) and the company’s own results for those quarters.

Jammu and Kashmir Bank Ltd reported ₹3,729 Cr of income in the Sep 2026 quarter, +13.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 6.7% a year on average. The last full year, FY26, came in at ₹13,151 Cr.

For a bank, revenue is everything it earns: interest on its loans plus fees and other income.

Why this happened. Employee cost declined 11% YoY to Rs 2,500 Cr in FY26. Q4 included Rs 153 Cr actuarial reversal on retirement benefit discount change but ex-reversal the underlying structural trajectory remains negative. FY27 guided below Rs 2,500 Cr (~Rs 500 Cr quarterly in first 2 quarters) despite selective talent hiring. Business per employee +17%, net profit per employee +17%. This is the most durable operating leverage lever for the bank in the near term.

The last four reported quarters add to ₹13,864 Cr.

FY26 revenue was ₹13,151 Cr, +4.9% on the year before.

Recent pace: the last four quarters grew +6.7% on average, against 6.7% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +6.8%, against +7.9% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +13.0%, against +7.9% a year (accelerating).

FY27-Q1. revenue ₹3,547 Cr and profit ₹429 Cr as reported.

FY27-Q2. revenue ₹3,729 Cr and profit ₹553 Cr as reported.

Why-sources: our stock research file (17 May 2026) and the company’s own results for those quarters.

Jammu and Kashmir Bank Ltd's net margin was 14.8% in the Sep 2026 quarter, 0.2 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between −24.4% and 17.9%. The latest quarter is within that range.

Net margin is what the bank keeps from every ₹100 of revenue after every cost, provision for bad loans and tax. It is the clearest single margin we can read for a lender.

Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

FY27-Q1. revenue ₹3,547 Cr and profit ₹429 Cr as reported.

FY27-Q2. revenue ₹3,729 Cr and profit ₹553 Cr as reported.

Why-sources: our stock research file (17 May 2026) and the company’s own results for those quarters.

Jammu and Kashmir Bank Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up.

Jammu and Kashmir Bank Ltd's revenue was ₹13,151 Cr in FY26, +4.9% on the year before, so the loan book is growing. The latest quarter was +13.2% on a year earlier. The net margin on that income is 14.8%, −0.2 percentage points on a year ago.

We read the loan book through revenue: when the book grows, revenue grows with it. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.

In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses.

Jammu and Kashmir Bank Ltd's P/BV is 0.8×, in the middle of its own history: higher than 68% of past readings. Its usual P/BV (the middle reading) is 0.6×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many rupees the market pays for each ₹1 of that net worth. Below 1× means the market values it at less than its net worth.