Yes Bank has announced a significant increase in its net profit for the fourth quarter of the fiscal year 2026, reporting a 44.7% year-on-year rise to ₹1,068 crore. The bank’s performance was bolstered by improvements in profitability, asset quality, and deposit growth.
The bank’s net interest margin (NIM) for Q4FY26 improved by 20 basis points year-on-year to 2.7%, supported by a reduction in the cost of deposits. The cost of deposits for the quarter was down 60 basis points year-on-year to 5.5%. Additionally, Yes Bank‘s return on assets (RoA) increased to 1.0% in Q4FY26 from 0.7% in the same quarter the previous year.
Yes Bank’s total deposits crossed the ₹3 lakh crore milestone, reaching ₹3,18,969 crore, marking a 12.1% year-on-year growth. The bank’s current account savings account (CASA) deposits also surpassed ₹1 lakh crore, contributing to a CASA ratio of 35.1% for the quarter.
The bank reported an improvement in its asset quality, with the gross non-performing asset (GNPA) ratio decreasing to 1.3% in Q4FY26, down 20 basis points quarter-on-quarter. The net non-performing asset (NNPA) ratio also improved, standing at 0.2%, down 10 basis points quarter-on-quarter.
Yes Bank’s operating profit for Q4FY26 increased by 23.1% year-on-year to ₹1,618 crore, while the cost-to-income ratio improved to 63.0% from 67.3% in Q4FY25.
Commenting on the results, Vinay M. Tonse, Managing Director & CEO of Yes Bank, stated that the bank concluded FY26 on a strong note, with continued business momentum and strategic milestones achieved, including SMBC becoming the largest shareholder.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).