Yes Bank Q4FY26 Results; Shares Rise 0.4% After Profit Growth

Mumbai, April 20: Yes Bank Ltd reported a steady set of numbers for the quarter ended March 31, 2026, with net profit climbing 44.7% year on year to ₹1,068 crore, as disclosed in its exchange filing following the April 18, 2026 board meeting.

The improvement did not come from a single lever. Growth in core lending income, a softer cost of funds and a visible easing in credit costs all contributed to the bottom line.

Net interest income rose to ₹2,638 crore, up 15.9% from a year earlier. Margins edged higher to 2.7%, reflecting both pricing discipline and a better deposit mix. At the same time, provisions declined sequentially, giving an additional lift to profitability.

Operating profit stood at ₹1,618 crore, registering a 23.1% increase. For the full year, net profit came in at ₹3,476 crore, up 44.5%, indicating that the quarterly performance was not an outlier but part of a broader trend.

Stock Market Snapshot

Yes Bank share price was quoted at ₹20.27, up 0.40% as of 10:38 IST on April 20, 2026, according to exchange data.

The stock’s movement suggests a tempered market response. While earnings growth was strong, investors appeared to be weighing the durability of margin gains and the pace of balance sheet expansion.

The stock opened slightly higher at ₹20.64 and moved within a narrow range through the morning session. Return ratios showed incremental improvement, with return on assets at 1.0% and return on equity at 8.4% for the quarter.

Deposit Franchise Strengthens As Growth Broadens

On the balance sheet side, the bank continued to build momentum.

Total deposits rose 12.1% year on year to ₹3,18,969 crore. A key milestone was crossed as CASA deposits moved past ₹1 lakh crore, signalling stronger traction in low cost deposits. The CASA ratio stood at 35.1%, broadly stable but supportive of margins.

Advances grew 11.1% year on year to ₹2,73,445 crore, with traction seen across retail and corporate segments. Retail disbursements remained a bright spot, expanding about 41% year on year.

Asset quality continued to improve gradually. Gross NPAs declined to 1.3%, while net NPAs were contained at 0.2%. Credit costs stayed low at 0.17% of average assets, reinforcing the bank’s improving risk profile.

Company Background

Yes Bank Ltd operates across retail, MSME and corporate banking segments and has been in a rebuilding phase over the past few years.

The bank’s strategy has centred on repairing asset quality, strengthening its liability base and improving operating efficiency. This is reflected in its cost to income ratio, which improved to 66.7% for FY26.

It has also focused on digital capabilities and governance frameworks, while continuing to recalibrate its loan mix towards more granular segments.

Conclusion

The Q4FY26 numbers reflect a bank that is gradually stabilising and improving across key parameters. Profitability is strengthening, asset quality pressures have eased and deposit growth remains supportive.

Even so, the relatively muted Yes Bank share price reaction indicates that markets are looking for consistency. Sustained margin performance and disciplined growth execution will likely remain in focus over the coming quarters.

Source:

• https://www.nseindia.com/get-quote/equity/YESBANK/Yes-Bank-Limited
• https://nsearchives.nseindia.com/corporate/YESBANK_18042026140521_SE_Intimation_Press_Release_Investors_Presentation_signed.pdf