YES BANK delivers robust Q4 & FY26 performance with consistent rise in profitability, acceleration in growth, outperformance in CASA, improved margins & better asset quality
Bangalore : YES BANK announced strong financial results for Q4 and full year FY26, showing continued growth in profitability, improved asset quality, and accelerated growth.
The Bank’s quarterly profit stood at INR 1,068 crore, a 44.7% jump from last year, while the full year profit was INR 3,476 crore, up 44.5%. The Bank’s Net Interest Income stood at INR 2,638 crore for Q4 FY26, growing 15.9% Y-o-Y. The Net Interest Margins for Q4 FY26 improved by 20 bps Y-o-Y to 2.7%. Non-Interest Income grew 15.4% Y-o-Y to INR 6,759 crore for the full year.
YES BANK’s operating profit for Q4 FY26 rose 23.1% Y-o-Y to INR 1,618 crore. The Bank’s cost-to-income ratio improved to 63%, down from 67.3% in Q4 FY25. The Return on Assets (RoA) was at 1.0% in Q4 FY26, versus 0.7% in Q4FY25. Total deposits grew 12.1% year-on-year to cross INR 3 lakh crore, reaching INR 3,18,969 crore. CASA deposits grew 14.9% Y-o-Y to INR 111,959 crore. The CASA ratio stood at 35.1% versus 34.3% in Q4FY25.
Total advances stood at INR 2,73,445 crore, up 11.1% from last year. Growth was seen across all customer segments:
• Retail banking advances: Up 4.7% Y-o-Y
• Commercial banking advances: Up 14.5% Y-o-Y
• Corporate & Institutional Banking advances: Up 19.7% Y-o-Y
• Retail Assets Disbursements surged ~41% Y-o-Y
YES BANK continues to expand its reach across the country. During FY26, the Bank opened 82 new branches, taking its total branch network to 1,334 branches across India. In addition to branches, the Bank operates through 249 Business Correspondent (BC) banking outlets. The Bank also has 1,364 ATMs, Cash Recycling Machines (CRMs), and Bunch Note Acceptors (BNAs) for 24×7 customer convenience.
YES BANK’s asset quality improved significantly, with Gross NPA ratio declining by 30 bps Y-o-Y to 1.3%. NNPA ratio stood at just 0.2% in Q4FY26 down 10 bps both Y-o-Y and Q-o-Q. The Bank maintained a strong provision coverage ratio of 81.9% in Q4FY26 in comparison to 79.7% in Q4FY25.
Commenting on the results and financial performance, Mr. Vinay M Tonse, Managing Director & Chief Executive Officer, 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 a 20 bps improvement in NIMs, improvement in Cost to Income ratio and the lowest GNPA and NNPA levels since FY20. Business momentum continued to strengthen, with broad based growth across advances and deposits, underpinned by a robust CASA led deposit engine that contributed to lower Cost of Deposits. FY26 also marked an important strategic milestone with SMBC becoming our largest shareholder, reaffirming global institutional confidence in the Bank’s long term potential. As we move into FY27, our priorities remain firmly anchored in strengthening the franchise, accelerating high quality growth, and advancing our journey toward building a resilient YES BANK that consistently creates sustainable value for all stakeholders.”
During the quarter, YES BANK was included in the S&P Global Sustainability Yearbook 2026—the only Indian Bank to receive this honor, and continued its presence in the FTSE4Good Index Series for the third consecutive year. The Bank was also recognized as a Great Place to Work® for the fourth consecutive year. Additionally, YES BANK launched new offerings including YES Grandeur Business for premium business clients and introduced the ACIC Launchpad initiative to support early-stage startups in technology and innovation.
