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YESBANK
announced Q4FY26 & FY26 results
Q4FY26 NII at Rs 2,638 crore, up 15.9% YoY & 7.0% QoQ. FY26 NII at Rs 9,776 crore up 9.3% YoY.
NIM for Q4FY26 at 2.7% up 20 bps YoY and up 10 bps QoQ, aided by lower cost of deposits and reduction in balances of PSL shortfall deposits. FY26 NIM at 2.6% up 20 bps Yo-Y.
Non-Interest Income at Rs 1,730 crore, up 6.0% QoQ. FY26 Non-Interest Income at Rs 6,759 crore up 15.4% YoY.
Strong cost control by the Bank enabled restricting Operating Costs growth- at Rs 2,750 crore, up only 1.8% YoY and down 4.0% QoQ. FY26 Operating Costs at Rs 11,029 crore grew only 4.6% YoY.
Non-tax Provision Costs at Rs 188 crore down 41.0% QoQ. FY26 Non-tax Provisions at Rs 912 crore down 16.0% YoY.
Operating Profit for Q4FY26 at Rs 1,618 crore, up 23.1% YoY & 31.2% QoQ. FY26 Operating Profit at Rs 5,506 crore up 29.4% YoY.
Net Profit for Q4FY26 at Rs 1,068 crore, up 44.7% YoY & 12.3% QoQ. FY26 Net Profit at Rs 3,476 crore up 44.5% YoY.#MacroViews#EquityResearch#TrendingSectors#FundamentalViews#WatchOutFor
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