Key Highlights:
· Profit After Tax for Q3FY26 at INR 952 crore, up 55.4% Y-o-Y & 45.4% Q-o-Q.
· Q3FY26 Operating Profit (Adjusted for Gratuity impact) at INR 1,389 crore, up 28.7% Y-o-Y and 7.1% Q-o-Q
· NIM for Q3FY26 at 2.6% v/s 2.4% in Q3FY25 and 2.5% in Q2FY26
· Non-Interest Income for Q3FY26 at 1,633 crore, up 8% Y-o-Y
· RoA in Q3FY26 at 0.9%, up from 0.6% in both Q3FY25 & Q2FY26; excluding gratuity impact RoA at 1.0%
· Net Advances in Q3FY26 stood at INR 2, 57, 451 crore, up 5.2% Y-o-Y and 2.9% Q-o-Q
· Total deposits stood at INR 2,92,524 crore, growing 5.5% Y-o-Y, with continued outperformance in CASA Deposits
· CASA Ratio at 34.0% v/s 33.1% in Q3FY25 and 33.7% in Q2FY26
YES BANK has announced its Q3FY26 results, reporting a 55.4% YoY increase in Profit after tax to INR 952 crore. The bank’s operating profit (Adjusted for Gratuity impact) increased to INR 1,389 crore, marking an improvement of 28.7% YoY and 7.1% QoQ. The Net Interest Income (NII) for Q3 FY26 was INR 2,466 Crore, up 10.9% Y-o-Y and 7.2% Q-o-Q. The Net Interest Margin (NIM) for the quarter stood at 2.6%, up 20 bps Y-o-Y and up 10 bps Q-o-Q. Non-Interest Income stood at INR 1,633 crore, up 8.0% Y-o-Y.
The Bank successfully reduced its Cost-to-income Ratio sequentially for the sixth consecutive quarter, reaching 66.1% in Q3 FY26. The Return on Assets (RoA) for Q3FY26 improved to 0.9%, up from 0.6% in both Q3FY25 and Q2FY26
The balance sheet continued to show positive momentum. Total Deposits grew by 5.5% YoY to INR 2,92,524 crore. The CASA ratio rose to 34%, from 33.1% in Q3FY25. Net Advances registered a growth of 5.2% YoY and 2.9% QoQ to INR 2,57,451 crore.
Commenting on the results and financial performance, Mr. Prashant Kumar, Managing Director & CEO, YES BANK said, “Q3FY26 marks a breakthrough quarter for the Bank powered by a confluence of factors such as acceleration in profitability, sharp improvement in Asset Quality, gathering momentum in business volumes (disbursements) and continued industry-leading performance in CASA.
The Bank’s Quarterly RoA (excluding the gratuity impact) has touched the critical milestone of 1.0% for the first time since reconstruction. At the operating level, this has been driven by expansion in NIMs, buoyancy in Fee income and a tight control over operating costs. In addition to this, the net credit costs for the quarter were negligible, supported by an eight-quarter low slippage at 1.6% of advances and continued redemptions from the Security Receipts portfolio.
Strengthening CASA ratio despite a challenging industry backdrop is aiding sharper improvement in Cost of Deposits vis-à-vis peers. Moreover, with disbursement momentum gathering pace, particularly in Retail, we expect to see acceleration in growth over the coming quarters. Aided by these tailwinds, we remain firmly on course to deliver on our strategic objectives and build a resilient, high-quality franchise that creates long-term value for the stakeholders.”
YES BANK was included in the NIFTY BANK Index effective December 31, 2025. In Q3FY26, YES BANK opened 33 new branches and 76 branches in 9MFY26 so far, achieving 95% of the full-year target of 80 branches. The Bank secured one of the largest government mandates in custodial services by being appointed as Custody Services Provider for The Trustees Food Corporation of India Contributory Provident Fund (TFCICPF).The Bank was also recognized by BSE as a top performer in Custodian Clearing, reinforcing leadership in capital market operations.
ABOUT YES BANK
YES BANK, a full-service commercial bank headquartered in Mumbai, offers a wide array of products, services, and digital solutions, catering to Retail, MSME, and Corporate clients. The Bank operates its Brokerage business through YES SECURITIES, a subsidiary of the Bank. The Bank has a pan-India presence including an International Banking Unit (IBU) at GIFT City, and a Representative Office in Abu Dhabi.
For more information, visit website at https://www.yes.bank.in/
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