YES Bank Limited has informed the Exchange regarding a press release dated July 19, 2025, titled "Press Release and Investor Presentation on the Financial Results for the Quarter (Q1) ended on June 30, 2025".
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Awaiting price reaction for this filing.
YES Bank reported Q1FY26 profit after tax of INR 801 Cr, up 59.4% Y-o-Y and 8.5% Q-o-Q, marking the 7th straight quarter of profit growth and the highest quarterly profit since reconstruction. RoA improved to 0.8% (from 0.5% Y-o-Y), NIM rose 10bps Y-o-Y to 2.5%, and cost-to-income ratio fell sharply to 67.1% (from 74.3% in Q1FY25). Net advances grew 5% Y-o-Y to INR 2,41,024 Cr, deposits grew 4.1% to INR 2,75,843 Cr, and CASA ratio improved 200bps to 32.8%, with retail and branch-led deposits up 20% Y-o-Y. Asset quality remained stable with GNPA at 1.6%, NNPA at 0.3%, and provision coverage ratio rising to 80.2%; CET1 capital ratio strengthened to 14.0%. Major positives include credit rating upgrades from Moody's (to Ba2), ICRA and CARE (both to AA-), and a definitive agreement for Sumitomo Mitsui Corporation Bank (SMBC) to acquire ~20% equity stake from SBI and other banks.
Strong all-round performance with sustained profitability, expanding margins, improving asset quality, and a marquee global strategic investor (SMBC) entering as a key shareholder — likely to be viewed positively by the market and support valuation re-rating.