Yes Bank Delivers 59% YoY Profit Surge In Q1 To Rs 801 Cr, Stable Asset Quality; NII Soars 5.7%

Yes Bank released its financial results for the first quarter (Q1), which ended on June 30, 2025, on Saturday, July 19. The bank's Q1FY26 operating profit was Rs 1,358 Crs, up 53.4% Y-o-Y, while its net profit was Rs 801 Crs, up 59.4% Y-o-Y. While NIM for Q1FY26 was 2.5% and heading upward YoY, Yes Bank's net interest income (NII) was Rs 2,371 Crs, up 5.7% YoY. Treasury income helped the bank's non-interest income, which increased 46.1% YoY to Rs 1,752 Crs. With a strong set of Q1FY26 results, YES BANK recorded its 7th consecutive quarter of profit growth.

At Rs 2,41,024 Cr, the bank's net advances showed a 5.0% year-on-year increase. Yes Bank said that its total deposits of Rs 275,843 Cr increased 4.1% year on year, resulting in a 200bps increase in the CASA Ratio to 32.8% from 30.8% in Q1FY25. The GNPA ratio was 1.6% in Q1FY26 flat Q-o-Q and down 10 bps Y-o-Y, while the NNPA ratio was 0.3% in Q1FY26 flat Q-o-Q and down 20 bps Y-o-Y, indicating stable asset quality for the bank.

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%."

"Other key highlights of the quarter were i) Credit rating upgrades from Moody's, ICRA, and CARE underscore the Bank's solid fundamentals and accelerating growth momentum ii) Sumitomo Mitsui Corporation Bank (SMBC) entered into definitive agreement to acquire ~20% equity stake in YESBANK from SBI & Other Banks," Prashant Kumar further added.

Key financial ratios showed improvements, with Return on Equity (RoE) increasing from 4.5% to 6.6% and Return on Assets (RoA) improving to 0.8% from 0.5% in Q1FY25. The NIM remained stable at 2.5 percent, up 10 basis points YoY. Operating efficiency was demonstrated by the Cost-to-Income ratio, which increased dramatically to 67.1% from 74.3% in the same quarter of the previous year.

With total assets of Rs 4,10,248 crore, the balance sheet showed a slight 0.6% YoY rise but a 3.1% QoQ decline. The bank's strengthening fundamentals and robust recovery trajectory are further validated by credit rating upgrades from Moody's (to Ba2), CARE, and ICRA (to AA-).