YES BANK Reports Strong Q3FY26 Results; Profit Surges 55% YoY
Bangalore: YES BANK has posted a robust performance in the third quarter of FY26, with profitability rising sharply and key financial indicators showing sustained improvement.
Financial Highlights
- Profit After Tax (PAT): ₹952 crore, up 55.4% YoY and 45.4% QoQ
- Operating Profit (adjusted for gratuity impact): ₹1,389 crore, up 28.7% YoY and 7.1% QoQ
- Net Interest Income (NII): ₹2,466 crore, up 10.9% YoY and 7.2% QoQ
- Net Interest Margin (NIM): 2.6%, compared to 2.4% in Q3FY25 and 2.5% in Q2FY26
- Non-Interest Income: ₹1,633 crore, up 8% YoY
- Return on Assets (RoA): 0.9% vs. 0.6% in Q3FY25 and Q2FY26; excluding gratuity impact, RoA reached 1.0%
- Net Advances: ₹2,57,451 crore, up 5.2% YoY and 2.9% QoQ
- Total Deposits: ₹2,92,524 crore, up 5.5% YoY
- CASA Ratio: 34.0%, compared to 33.1% in Q3FY25
The bank also reduced its cost-to-income ratio for the sixth consecutive quarter, reaching 66.1%.
CEO’s Statement
Commenting on the results, Prashant Kumar, MD & CEO, YES BANK, said: “Q3FY26 marks a breakthrough quarter for the Bank powered by acceleration in profitability, sharp improvement in asset quality, and continued industry-leading performance in CASA. Our quarterly RoA, excluding gratuity impact, has touched the critical milestone of 1.0% for the first time since reconstruction.”
He added that growth was driven by expansion in NIMs, buoyancy in fee income, tight cost control, and negligible net credit costs, supported by an eight-quarter low slippage at 1.6% of advances.
Strategic Developments
- YES BANK was included in the NIFTY BANK Index effective December 31, 2025.
- The bank opened 33 new branches in Q3FY26, taking the total to 76 in the first nine months of FY26, achieving 95% of its annual target.
- It secured a major government mandate as Custody Services Provider for the Trustees Food Corporation of India Contributory Provident Fund (TFCICPF).
- Recognized
