DBT Bureau
Pune, 18 April 2026
Yes Bank delivers robust Q4 & FY26 performance with consistent rise in profitability, acceleration in growth, outperformance in CASA, improved margins & better asset quality
- Q4FY26 Profit grows ~45% to ₹ 1,068 Crs
- Q4FY26 Return on Assets at ~1.0%
- Q4FY26 NIM Improves ~20 bps to 2.7%
- FY26 C/I Ratio at 66.7% improves 460 bps
- Deposits cross milestone of ₹ 3 Lakh Crs
- CASA Deposits Cross ₹ 1 Lakh Crs
Financial Performance
- Q4FY26 Net Profit exceeds ₹ 1,000 Crs at ₹ 1,068 Crs, up 44.7% Y-o-Y & 12.3% Q-o-Q
- FY26 Net Profit at ₹ 3,476 Crs up 44.5% Y-o-Y
- RoA at 1.0% vs 0.7% Q4FY25 & 0.9% Q3FY26
- FY26 RoA at 0.8% vs 0.6% FY25
- NIM at 2.7% vs 2.5% Q4FY25 & 2.6% Q3FY26
- FY26 NIM at 2.6% vs 2.4% FY25
- Cost of Deposits for Q4FY26 at 5.5% (down 60 bps Y-o-Y & 10 bps Q-o-Q)
- FY26 Cost of Deposits at 5.7% (down 40 bps Y-o-Y)
- Non-Interest Income at ₹ 1,730 Crs (up 6.0% Q-o-Q)
- FY26 Non-Interest Income at ₹ 6,759 Crs (up 15.4% Y-o-Y)
- Operating Profit for Q4FY26 at ₹ 1,618 Crs (up 23.1% Y-o-Y & 31.2% Q-o-Q)
- FY26 Operating Profit at ₹ 5,506 Crs (up 29.4% Y-o-Y)
- C/I Ratio improved to 63.0% in Q4FY26 vs 67.3% Q4FY25
- FY26 C/I Ratio at 66.7% vs 71.3% FY25
Balance Sheet Growth
- Advances at ₹ 2,73,445 Crs (up 11.1% Y-o-Y & 6.2% Q-o-Q)
- Deposits at ₹ 3,18,969 Crs (up 12.1% Y-o-Y & 9.0% Q-o-Q)
- Disbursements at ₹ 33,224 Crs (up 19.8% Y-o-Y & 23.1% Q-o-Q)
- FY26 Disbursements exceed ₹ 1 Lakh Crs
- CASA Deposits crossed ₹ 1 Lakh Crs
- Retail & Branch Led Deposits at ₹ 1,86,186 Crs (58.4% of Total Deposits)
Asset Quality
- GNPA ratio at 1.3% (down 20 bps Q-o-Q)
- NNPA ratio at 0.2% (down 10 bps Q-o-Q)
- Retail Slippages at ₹ 888 Crs (lowest in 9 quarters)
- Net Credit Cost at 0.17% of Avg. assets
Awards & ESG
- Awarded Silver Shield for Excellence in Financial Reporting 2024–25 from ICAI
- S&P Global ESG Score improved from 73 to 79
Management Commentary
Vinay M. Tonse, Managing Director & CEO, YES BANK, said: “YES BANK concluded FY26 on a strong footing, delivering a Q4 RoA of 1.0% in line with our guidance, supported by improvement in NIMs, Cost to Income ratio and asset quality. Business momentum strengthened with broad-based growth across advances and deposits. FY26 also marked a strategic milestone with SMBC becoming our largest shareholder. As we move into FY27, our priorities remain strengthening the franchise, accelerating high-quality growth, and building a resilient bank delivering sustainable value.”
