Yes Bank Q4 Results: Yes Bank announced its January-March quarter results for fiscal 2025-26 (Q4FY26) on Saturday, April 18, and reported a jump of 44% in standalone net profit to Rs 1,068.4 crore, compared to Rs 738 crore in the corresponding period last year. Higher loan growth and declining provisions helped the surge in net profit during the March quarter of FY26.
The leading private lender's performance was helped by broad-based growth across advances and deposits and lower cost of deposits, according to Vinay Tonse, Yes Bank's newly appointed chief executive. Loans grew 10.7% year-on-year during the quarter, accelerating from about 6.2% growth in the previous quarter, helped by a pickup in corporate lending, while deposits rose 12.1%.
ALSO READ: Yes Bank Q4 Business Update: Loan Growth Picks Up, Deposits Surge; CASA Strengthens
Yes Bank Q4 Results: Key Metrics
The bank's net interest income, or the difference between interest earned on advances and paid on deposits, rose 15.9% to Rs 2,638 crore in the fourth quarter of FY26, compared to Rs 2,276 crore in the fourth quarter of FY25. The lender, which grappled with stress in retail segments like microfinance, reported an improvement in asset quality, with gross bad loans as a percentage of total loans improving to 1.3% at March-end quarter from 1.5% at the end of December quarter.
The bank's net interest margin, a key measure of the bank's profitability, rose to 2.7% in the quarter from 2.5% in the year ago period. Operating profit came in at Rs 1,618 crore during the March quarter, reporting a 23% year-on-year growth compared to Rs 1,314 crore in the year-ago period. Other income sttod at Rs 1,730 crore compared to Rs 1,739 crore in the year-ago period.
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Yes Bank Q4 Management Commentary
Yes Bank MD said in post-earnings media call that the lender will continue investing in tech, product, processes and people. The ongoing partnership with SMBC provides support in cross border banking. He added that Yes Bank's FY26 net profit rose 45% YoY to Rs 3,476 crore. Rs 800-1,000 crore recovery from security receipts is expected in FY27.
The next three years will be focused on posting consistent profits. The asset quality, retail granularity, sustainable RoAs will be in focus. Over a three-year year period, Yes Bank has set a target of 3.25-3.5% NIM. The advances growth picked up, both retail and wholesale loans also grew well. The management added that the bank will grow loans on par with industry in FY27.
Yes Bank Q4 Results Snapshot
Photo Credit: Yes Bank Exchange Filing
Yes Bank Share Price History
Shares of Yes Bank have risen 9.5% in the past five trading sessions. In one month, it has risen 7.76%, and in the past six months, it has decreased 9.85%. On a year-to-date basis, it has declined 5.03%. Over the past year, it has risen by 8.45%. Yes Bank shares ended 2.31% higher at Rs 20.41 apiece on the NSE on Friday. This compares to a 0.65% rise in the benchmark Nifty 50.
ALSO READ: Yes Bank Q4 Results: Date, Share Price History, Earnings Call Schedule And More
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