The bank's total income jumped 14.20% YoY to Rs 9,341.15 crore in the quarter ended 31 December 2024. Profit before tax surged 165.21% to Rs 820.34 crore in Q3 FY25 as against Rs 309.31 crore reported in the corresponding quarter last year. Net Interest Income (NII) for Q3 FY25 stood at Rs 2,224 crore, registering a 10.2% year-on-year (YoY) growth. Meanwhile, the Net Interest Margin (NIM) remained stable at 2.4% in Q3 FY25 compared to the same quarter last year. During the quarter, operating profit was at Rs 1,079.02 crore, up 24.87% from Rs 864.05 crore posted in the same period a year ago. Provisions (other than tax) and contingencies dropped 53.36% YoY to Rs 258.68 crore for the quarter ended 31 December 2024. In terms of asset quality, the bank's gross non-performing assets (NPAs) declined by 11.08% to Rs 3,963.47 crore as of 31 December 2024, compared to Rs 4,457.41 crore as of 31 December 2023. Additionally, net NPAs dropped by 40.93% to Rs 1,142.62 crore in Q3 FY25, down from Rs 1,934.36 crore in Q3 FY24. The gross NPA ratio reduced to 1.6% as of 31 December 2024, compared to 2% as of 31 December 2023. Similarly, the net NPA ratio improved, falling to 0.5% as of 31 December 2024, down from 0.9% as of 31 December 2023. The bank's total deposits grew by 14.6% YoY to Rs 2,77,224 crore in the quarter ended 31 December 2024. Additionally, the bank's total advances increased by 12.6% YoY to Rs 2,44,834 crore. The bank's CASA (Current Account Savings Account) ratio stood at 33.1% as of 31 December 2024, compared to 29.7% in the corresponding quarter of the previous year. Gross Slippages for Q3 FY25 stood at Rs 1,348 crore as against Rs 1,233 crore posted in corresponding quarter previous year. The bank's average quarterly LCR (on a consolidated basis) during the quarter remains healthy at 133.2%. During the quarter, Yes Bank's overdue book for the 31-90 day period stood at Rs 3,980 crore, compared to Rs 4,379 crore in Q3 FY24. On nine-month basis, the company's net profit climbed 108.67% to Rs 1,667.74 crore on 15.67% increase in revenue to Rs 27,396.38 crore in 9M FY25 over 9M FY24. Prashant Kumar, MD & CEO, Yes Bank, said, 'Q3FY25 is the fifth quarter in a row where the bank has demonstrated sustained sequential expansion in profitability. The RoA of the bank has also expanded to 0.6% from 0.5%, reported over the last 3 quarters. It is quite encouraging that we have also started seeing expansion in our operating profitability. Two distinct trends which I think are important to highlight in terms of trajectory of the Bank's profitability going forward are, reduction in balances of deposits placed in lieu of PSL shortfalls to 8.5% of assets this quarter, from 10.4% of assets in Q2 FY25, and fresh slippages in the retail segment remaining flat on QoQ basis. Both of these are in line with our earlier guidance, and while one of the factors is likely to aid expansion in net interest margins and operating profits, the other may likely result in a reduction of gross credit costs. Other key vectors of the bank continue to post encouraging trends in line with our strategic objectives. The deposits momentum sustained with around 15% Y-o-Y growth, wherein the average balances recorded a higher 15.7% YoY and 2.3% QoQ growth. Outperformance to industry continued on CASA acquisition, with CA and SA deposits growing 21.1% Y-o-Y and 33.3% YoY respectively and the average balances recording a similar growth. On the advances front, SME and mid-corporate segments maintained a 25%+ YoY growth trajectory, while strategic reorientation continued in the retail segment, aimed at profitability improvement. Q3FY25 was another strong quarter of fee income performance, aided by the granular and transactional fee streams. Asset quality also further improved, with (NNPA + net carrying value of SRs) now at 0.6%.' Yes Bank is a full-service commercial bank providing a complete range of products, services, and technology-driven digital offerings, catering to retail, MSME, as well as corporate clients. Powered by Capital Market - Live

The bank's total income jumped 14.20% YoY to Rs 9,341.15 crore in the quarter ended 31 December 2024. Profit before tax surged 165.21% to Rs 820.34 crore in Q3 FY25 as against Rs 309.31 crore reported in the corresponding quarter last year. Net Interest Income (NII) for Q3 FY25 stood at Rs 2,224 crore, registering a 10.2% year-on-year (YoY) growth. Meanwhile, the Net Interest Margin (NIM) remained stable at 2.4% in Q3 FY25 compared to the same quarter last year. During the quarter, operating profit was at Rs 1,079.02 crore, up 24.87% from Rs 864.05 crore posted in the same period a year ago. Provisions (other than tax) and contingencies dropped 53.36% YoY to Rs 258.68 crore for the quarter ended 31 December 2024. In terms of asset quality, the bank's gross non-performing assets (NPAs) declined by 11.08% to Rs 3,963.47 crore as of 31 December 2024, compared to Rs 4,457.41 crore as of 31 December 2023. Additionally, net NPAs dropped by 40.93% to Rs 1,142.62 crore in Q3 FY25, down from Rs 1,934.36 crore in Q3 FY24. The gross NPA ratio reduced to 1.6% as of 31 December 2024, compared to 2% as of 31 December 2023. Similarly, the net NPA ratio improved, falling to 0.5% as of 31 December 2024, down from 0.9% as of 31 December 2023. The bank's total deposits grew by 14.6% YoY to Rs 2,77,224 crore in the quarter ended 31 December 2024. Additionally, the bank's total advances increased by 12.6% YoY to Rs 2,44,834 crore. The bank's CASA (Current Account Savings Account) ratio stood at 33.1% as of 31 December 2024, compared to 29.7% in the corresponding quarter of the previous year. Gross Slippages for Q3 FY25 stood at Rs 1,348 crore as against Rs 1,233 crore posted in corresponding quarter previous year. The bank's average quarterly LCR (on a consolidated basis) during the quarter remains healthy at 133.2%. During the quarter, Yes Bank's overdue book for the 31-90 day period stood at Rs 3,980 crore, compared to Rs 4,379 crore in Q3 FY24. On nine-month basis, the company's net profit climbed 108.67% to Rs 1,667.74 crore on 15.67% increase in revenue to Rs 27,396.38 crore in 9M FY25 over 9M FY24. Prashant Kumar, MD & CEO, Yes Bank, said, 'Q3FY25 is the fifth quarter in a row where the bank has demonstrated sustained sequential expansion in profitability. The RoA of the bank has also expanded to 0.6% from 0.5%, reported over the last 3 quarters. It is quite encouraging that we have also started seeing expansion in our operating profitability. Two distinct trends which I think are important to highlight in terms of trajectory of the Bank's profitability going forward are, reduction in balances of deposits placed in lieu of PSL shortfalls to 8.5% of assets this quarter, from 10.4% of assets in Q2 FY25, and fresh slippages in the retail segment remaining flat on QoQ basis. Both of these are in line with our earlier guidance, and while one of the factors is likely to aid expansion in net interest margins and operating profits, the other may likely result in a reduction of gross credit costs. Other key vectors of the bank continue to post encouraging trends in line with our strategic objectives. The deposits momentum sustained with around 15% Y-o-Y growth, wherein the average balances recorded a higher 15.7% YoY and 2.3% QoQ growth. Outperformance to industry continued on CASA acquisition, with CA and SA deposits growing 21.1% Y-o-Y and 33.3% YoY respectively and the average balances recording a similar growth. On the advances front, SME and mid-corporate segments maintained a 25%+ YoY growth trajectory, while strategic reorientation continued in the retail segment, aimed at profitability improvement. Q3FY25 was another strong quarter of fee income performance, aided by the granular and transactional fee streams. Asset quality also further improved, with (NNPA + net carrying value of SRs) now at 0.6%.' Yes Bank is a full-service commercial bank providing a complete range of products, services, and technology-driven digital offerings, catering to retail, MSME, as well as corporate clients. Shares of Yes Bank slipped 1.24% to close at Rs 18.25 on Friday, 25 January 2025. Powered by Capital Market - Live

Net profit of Yes Bank rose 155.32% to Rs 619.38 crore in the quarter ended December 2024 as against Rs 242.59 crore during the previous quarter ended December 2023. Total Operating Income rose 12.08% to Rs 7833.00 crore in the quarter ended December 2024 as against Rs 6988.73 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Total Operating Income7833.006988.73 12 OPM %62.1057.82 - PBDT830.30320.44 159 PBT830.30320.44 159 NP619.38242.59 155 Powered by Capital Market - Live

Yes Bank has allotted 20,11,762 equity shares under ESOP on 17 January 2025. Consequent to the allotment, the paid-up share capital of the Bank stands increased from Rs. 62,70,17,15,098/- consisting of equity shares 31,35,08,57,549 of Rs. 2/- each to Rs. 62,70,57,38,622 /- consisting of 31,35,28,69,311 equity shares of Rs. 2/- each.Powered by Capital Market - Live

Yes Bank will hold a meeting of the Board of Directors of the Company on 25 January 2025.Powered by Capital Market - Live

On a sequential basis, loans and advances grew by 4.2% from Rs 2.35 lakh crore at the end of the September 2024 quarter. Deposits of the bank stood at Rs 2.77 lakh crore as of 31 December 2024, reflecting a 14.6% YoY increase, although remaining flat on a quarter-on-quarter basis. The bank's CASA ratio improved to 33% as of 31 December 2024, up from 29.7% a year earlier and 32% in the previous quarter. The credit-to-deposit ratio stood at 88.4% as of December 31, 2024, compared to 89.9% in the same period of the previous year and 84.8% in the previous quarter. The bank has maintained a strong liquidity position, with the liquidity coverage ratio at 133.2% as of 31 December 2024, compared to 118.4% at the end of 2023 and 132% in the preceding quarter. Yes Bank is a full service commercial bank providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients. The private bank's standalone net profit zoomed 145.56% to Rs 553.04 crore on 15.35% rise in total income to Rs 9,137.09 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

Yes Bank has allotted 14,86,408 equity shares under ESOP on 13 November 2024. Consequent to the allotment, the paid-up share capital of the Bank stands increased from Rs. 62,69,67,99,314/- consisting of 31,34,83,99,657 equity shares of Rs. 2/- each to Rs. 62,69,97,72,130/- consisting of 31,34,98,86,065 equity shares of Rs. 2/- each. Powered by Capital Market - Live

Profit before tax surged 125.34% to Rs 678.17 crore in Q2 FY25 as against Rs 300.95 crore recorded in the corresponding quarter last year. Net interest income (NII) stood at Rs 2,200 crore in Q2 FY25, up 14.3% YoY. Net interest margin (NIM) improved to 2.4% in Q2 FY25 as compared to 2.3% registered in Q2 FY24. During the quarter, operating profit was at Rs 975 crore, up 21.7% from Rs 801 crore posted in the same period a year ago. Provisions (other than tax) and contingencies dropped 40.62% YoY to Rs 297.1 crore in quarter ended September 2024. On asset quality front, the bank's gross non-performing assets (NPAs) slipped 9.94% to Rs 3,889.43 crore as on 30 September 2024 as against Rs 4,319.03 crore as on 30 September 2023. The gross NPA ratio reduced to 1.6% as on 30 September 2024 as compared to 2% as on 30 September 2023. The net NPA ratio shed to 0.5% as on 30 September 2024 as against 0.9% as on 30 September 2023. Gross slippages for Q2 FY25 stood at Rs 1,314 crore as against Rs 1,263 crore posted in corresponding quarter previous year. On half year basis, the company's net profit soared 85.91% to Rs 1,055.47 crore on 16.44% rise in total income to Rs 18,055.23 crore in H1 FY25 over H1 FY24. Prashant Kumar, MD & CEO, YES BANK said, 'Q2FY25 performance has been encouraging, esp. if seen in the context of Industry headwinds. Deposit momentum has been maintained with 18% YoY growth, along with healthy CASA ratio (now at 32%) expansion on both YoY & QoQ basis, on the back of CA growth at 26% YoY & 11% QoQ and SA growth at 30% YoY & 7% QoQ. At same time, the slippage ratio (at 2.2% of Advances) remains range-bound within the guidance range. Other Asset Quality parameters such as GNPA ratio, PCR and O/S Restructured loans have all improved on QoQ basis. The Bank continues to deliver as per the stated strategic objectives, with superior growth in SME and Mid Corporate segments, growth resumption in the Corporate segment and calibration of growth in Retail segment, aimed at profitability improvement. Bank also continues to maintain NIL PSL shortfalls. These along with other drivers have enabled the Bank to deliver healthy Operating Profit and Net profit growth. The RoA of the Bank has been consistently at 0.5% over last 3 quarters. The Bank has also strengthened its management team with key senior hires in Retail Assets and Financial Markets Team. We have received external validation in the form of Credit Rating upgrades over the last 2 quarters. While we navigate the challenges in the operating environment, we remain confident of our progress towards building a franchise which delivers superior returns to our stakeholders.' Yes Bank is a full service commercial bank providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients. Powered by Capital Market - Live

Yes Bank Ltd gained 7.42% today to trade at Rs 20.84. The BSE BANKEX index is up 0.89% to quote at 58486.26. The index is down 4.36 % over last one month. Among the other constituents of the index, ICICI Bank Ltd increased 2.19% and Bank of Baroda added 1.82% on the day. The BSE BANKEX index went up 20.98 % over last one year compared to the 25.02% surge in benchmark SENSEX. Yes Bank Ltd has lost 8.4% over last one month compared to 4.36% fall in BSE BANKEX index and 6.82% drop in the SENSEX. On the BSE, 32.17 lakh shares were traded in the counter so far compared with average daily volumes of 110.42 lakh shares in the past one month. The stock hit a record high of Rs 32.81 on 09 Feb 2024. The stock hit a 52-week low of Rs 15.7 on 26 Oct 2023.Powered by Capital Market - Live

Total income stood at Rs 9,137.09 in the second quarter of FY25, up 15.35% as against Rs 7,920.68 crore posted in same quarter last year. Profit before tax surged 125.34% to Rs 678.17 crore in Q2 FY25 as against Rs 300.95 crore recorded in the corresponding quarter last year. Net interest income (NII) stood at Rs 2,200 crore in Q2 FY25, up 14.3% YoY. Net interest margin (NIM) improved to 2.4% in Q2 FY25 as compared to 2.3% registered in Q2 FY24. During the quarter, operating profit was at Rs 975 crore, up 21.7% from Rs 801 crore posted in the same period a year ago. Provisions (other than tax) and contingencies dropped 40.62% YoY to Rs 297.1 crore in quarter ended September 2024. On asset quality front, the bank's gross non-performing assets (NPAs) slipped 9.94% to Rs 3,889.43 crore as on 30 September 2024 as against Rs 4,319.03 crore as on 30 September 2023. The gross NPA ratio reduced to 1.6% as on 30 September 2024 as compared to 2% as on 30 September 2023. The net NPA ratio shed to 0.5% as on 30 September 2024 as against 0.9% as on 30 September 2023. Gross slippages for Q2 FY25 stood at Rs 1,314 crore as against Rs 1,263 crore posted in corresponding quarter previous year. On half year basis, the company's net profit soared 85.91% to Rs 1,055.47 crore on 16.44% rise in total income to Rs 18,055.23 crore in H1 FY25 over H1 FY24. Prashant Kumar, MD & CEO, YES BANK said, 'Q2FY25 performance has been encouraging, esp. if seen in the context of Industry headwinds. Deposit momentum has been maintained with 18% YoY growth, along with healthy CASA ratio (now at 32%) expansion on both YoY & QoQ basis, on the back of CA growth at 26% YoY & 11% QoQ and SA growth at 30% YoY & 7% QoQ. At same time, the slippage ratio (at 2.2% of Advances) remains range-bound within the guidance range. Other Asset Quality parameters such as GNPA ratio, PCR and O/S Restructured loans have all improved on QoQ basis. The Bank continues to deliver as per the stated strategic objectives, with superior growth in SME and Mid Corporate segments, growth resumption in the Corporate segment and calibration of growth in Retail segment, aimed at profitability improvement. Bank also continues to maintain NIL PSL shortfalls. These along with other drivers have enabled the Bank to deliver healthy Operating Profit and Net profit growth. The RoA of the Bank has been consistently at 0.5% over last 3 quarters. The Bank has also strengthened its management team with key senior hires in Retail Assets and Financial Markets Team. We have received external validation in the form of Credit Rating upgrades over the last 2 quarters. While we navigate the challenges in the operating environment, we remain confident of our progress towards building a franchise which delivers superior returns to our stakeholders.' Yes Bank is a full service commercial bank providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients. Shares of Yes Bank slipped 3.05% to close at Rs 19.40 on Friday, 25 October 2024.Powered by Capital Market - Live