ICICI Bank shares traded flat in early trade, jumping by merely 0.8% to a day’s high of Rs 1,219.10 on the BSE, after India's second-largest private sector lender reported a 14.8% year-on-year (YoY) increase in its standalone Q3 profit after tax, reaching Rs 11,792 crore.The Net interest income (NII) grew by 9.1% YoY to Rs 20,371 crore in the December quarter.Its net interest margin stood at 4.25% in Q3 FY25, compared to 4.27% in Q2 FY25 and 4.43% in Q3 FY24. The net NPA ratio remained flat sequentially at 0.42%, while the provisioning coverage ratio on non-performing loans was 78.2% at the end of December.Deposit GrowthICICI Bank's total period-end deposits increased by 14.1% YoY and 1.5% sequentially, reaching Rs 15,20,309 crore. Average deposits grew by 13.7% YoY and 2.1% sequentially to Rs 14,58,489 crore during the quarter.Credit GrowthNet domestic advances grew by 15.1% YoY and 3.2% sequentially during the quarter. The retail loan portfolio grew by 10.5% YoY and 1.4% sequentially, and comprised 52.4% of the total loan portfolio.Also Read: Stocks in news: Bajaj Housing, ICICI Bank, YES Bank, Tata Steel, IndiGoBernsteinBernstein rated ICICI Bank as 'Market Perform' with a target price of Rs 1,440. The bank continues its strong performance, with a "dream run" in place. Although growth was lower than consensus estimates, a significant rise in CASA (Current Account Savings Account) growth presents a positive outlook. ICICI Bank is focusing on prioritizing profit over growth, and its results justify its premium valuations.Also Read: Q3 results today: Coal India, Tata Steel among 78 companies to announce earnings on MondayMotilal OswalMotilal Oswal maintained a 'Buy' rating on ICICI Bank with a target price of Rs 1,550. The bank delivered another steady quarter, with stable asset quality ratios. Controlled operating expenses (opex) and credit costs contributed to its strong earnings performance, highlighting its ability to manage costs effectively while maintaining robust financial health.IIFLIIFL maintained a 'Buy' rating on ICICI Bank, slightly raising the target price to Rs 1,490 from Rs 1,480. The bank continues to deliver superlative performance, with healthy growth and stable Net Interest Margins (NIMs), along with significant gains in CASA. Asset quality remains stable, and credit costs are benign. IIFL believes the bank's strong performance will sustain its premium valuations.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)