Mumbai, July 19, 2025 — Yes Bank has reported a robust financial performance for the first quarter of FY26, with standalone net profit rising 59.4% year-on-year to ₹801 crore, compared to ₹502 crore in Q1FY25. The sequential growth stood at 8.5%, up from ₹738 crore in the previous quarter.
The profit surge was primarily driven by a 5.7% increase in Net Interest Income (NII), which reached ₹2,371 crore. Non-interest income also saw a significant rise of 46.1% YoY, totaling ₹1,752 crore. The bank’s Net Interest Margin (NIM) remained steady at 2.5%, reflecting improved cost efficiencies and deposit repricing strategies.
Operating profit for the quarter stood at ₹1,358 crore, marking a 53.4% YoY increase, while provisions rose by 34% to ₹284 crore. The Cost-to-Income ratio improved to 67.1%, down from 74.3% a year ago.
Asset quality remained stable:
- Gross NPA: 1.6%
- Net NPA: 0.3%
- Provision Coverage Ratio (PCR): 80.2%
Loan book growth was modest, with advances rising 5% YoY to ₹2.41 lakh crore. Commercial banking and micro-enterprise segments led the expansion, growing by 19% and 11.2% respectively. Deposits increased by 4.1% YoY to ₹2.75 lakh crore, with CASA ratio improving to 32.8%, up from 30.8%.
Commenting on the results, Prashant Kumar, MD & CEO of Yes Bank, stated, “The bank entered the new financial year on a strong footing. Key metrics such as RoA (0.8%), PPoP (₹1,358 crore), and NIM (2.5%) showed notable improvement. Asset quality remained stable, CASA witnessed healthy growth, and CET1 strengthened to 14.0%”.
In a strategic development, Sumitomo Mitsui Banking Corporation (SMBC) has signed a binding agreement to acquire a 20% stake in Yes Bank from SBI and other Indian banks, signaling increased investor confidence. The quarter also saw upgrades in long-term ratings from Moody’s, CARE, and ICRA.
Yes Bank’s Q1FY26 results underscore its continued recovery and operational resilience, positioning the lender for sustained growth in the evolving banking landscape.
