YES BANK Q1 FY26 Results: Net profit surges 59% YoY to Rs 801 crore, aided by reduction in Cost of funds

Key Highlights:

• Net Profit for Q1FY26 at INR 801 crore, up 59.4% YoY & 8.5% QoQ. Marks 7^th consecutive quarter of PAT improvement.
• Q1FY26 Operating Profit at INR 1,358 crore, up 53.4% Y-o-Y and 3.3% Q-o-Q. Marks the 4^th straight consecutive quarter of Operating profit improvement
• NIM for Q1FY26 flat QoQ at 2.5%. Up 10 bps Y-o-Y..
• Non-Interest Income for Q1FY26 at INR 1,752 crore, up 46.1% Y-o-Y and 0.6% Q-o-Q
• Total Deposit accretion (up 4.1% Y-o-Y) and improvement in CASA Ratio (up 200 bps Y-o-Y) to 32.8%.
• Net Advances at INR 2,41,024 crore, up 5% Y-o-Y aided by  strong growth momentum in Commercial Banking and Micro Banking(at 19% & 11.2% Y-o-Y respectively).
• Stable Asset Quality metrics: GNPA at 1.6%, NNPA at 0.3%, PCR improved to 80.2%.

Bengaluru, July 21, 2025: YES BANK, India’s sixth-largest private sector bank, has announced its Q1FY26 results, reporting a 59.4% YoY increase in net profit to INR 801 crore, alongside a 8.5% QoQ rise. The bank’s operating profit increased to INR 1358 crore, marking a 53.4% YoY and 3.3% QoQ improvement.

The Net Interest Income (NII) for Q1 FY26 was ₹2,371 crore, up 5.7% YoY and 4.2% QoQ. The Net Interest Margin (NIM) for the quarter saw an upward trend, reaching 2.5%. Non-Interest Income for Q1FY26 registered a robust growth of 46.1% YoY and 0.7% QoQ to ₹1,752 crore.

Operating Profit for Q1 FY26 increased significantly by 53.6% YoY and 3.3% QoQ to ₹1,358 crore. The Bank successfully reduced its Cost-to-income Ratio sequentially for the fifth consecutive quarter, reaching 67.1% in Q1FY26 from 67.3% in Q4FY25.

The Return on Assets (RoA) for Q1 FY26 improved to 0.8%, up from 0.7% in Q4 FY24.

The balance sheet continued to show positive momentum. Total Deposits grew by 4.1% YoY to ₹2,75,843 crore. The CASA ratio witnessed a significant improvement, rising by 200 bps QoQ to 32.8%. Net Advances registered a growth of 5% YoY to ₹2,41,024 crore, primarily driven by strong growth in the commercial banking and microbanking segments.

Commenting on the results and financial performance, Mr. Prashant Kumar, Managing Director & CEO, YES BANK said, “The Bank entered the new financial year on a strong footing and delivered a robust performance with net profit rising to INR 801 crs, marking a 59.4% YoY growth. Key metrics such as RoA (0.8%), PPoP (INR1,358 crs), and NIM (2.5%) showed notable improvement. Asset quality remained stable, CASA witnessed healthy growth, and CET1 strengthened to 14.0%.  The bank also received Credit rating

upgrades from Moody’s, ICRA, and CARE which underscored its solid fundamentals and accelerating growth momentum. “

In Q1FY26, Sumitomo Mitsui Corporation Bank (SMBC) also entered into definitive agreement to acquire 20% equity stake in YESBANK from SBI & Other Banks. SBI continues to be a major stakeholder. YES BANK also appointed Mr. D. Shivakumar as Non-Executive Director, a nominee of Verventa Holdings Limited (affiliates of Advent International). YES BANK went live with Direct Tax and Custom Duty Payment Facility . YES Bank was also recognized among India’s Best Workplaces™ in Banks 2025 (Jul’25) and India’s TOP 50 Best Workplaces™ in BFSI 2025 in April’25). The Bank also received a Special Mention Award in Fraud Prevention and Grievance Management category at the Digital Payments Award 2025 by the Hon’ble union Finance Minister Nirmala Sitharaman.