Highlights

• YES Bank reported Q4FY26 net profit growth of nearly 45% year-on-year.
• CASA deposits crossed INR 1 lakh crore during the March quarter.
• GNPA ratio declined sequentially as asset quality metrics improved further.

Yes Bank Limited (NSE:YESBANK) shares declined 1.77% to INR 21.68 during early trade on May 18, 2026. The stock opened at INR 21.95 and touched an intraday low of INR 21.65.

Source: TradingView

Margins and Operating Performance Improve

Net Interest Margin for Q4FY26 rose to 2.7%, compared with 2.5% in the corresponding quarter last year and 2.6% in Q3FY26. For the full financial year, NIM stood at 2.6% against 2.4% in FY25.

Cost of deposits declined 60 basis points year-on-year and 10 basis points sequentially to 5.5% during the quarter. Non-interest income came in at INR 1,730 crore, rising 6% quarter-on-quarter, while FY26 non-interest income increased 15.4% year-on-year to INR 6,759 crore.

Operating profit for the March quarter stood at INR 1,618 crore, up 23.1% year-on-year and 31.2% quarter-on-quarter. The cost-to-income ratio improved to 63% in Q4FY26 from 67.3% a year ago. FY26 cost-to-income ratio improved to 66.7% from 71.3% in FY25.

Deposits Cross INR 3 Lakh Crore Milestone

YES Bank’s total deposits crossed INR 3 lakh crore during the quarter, reaching INR 3,18,969 crore, up 12.1% year-on-year and 9% sequentially. Advances stood at INR 2,73,445 crore, reflecting 11.1% annual growth and 6.2% quarter-on-quarter growth.

CASA deposits crossed INR 1 lakh crore during Q4FY26. Retail and branch-led deposits grew 13.5% year-on-year to INR 1,86,186 crore and accounted for 58.4% of total deposits.

Disbursements for the quarter rose 19.8% year-on-year and 23.1% sequentially to INR 33,224 crore. Retail disbursements recorded nearly 41% annual growth, while FY26 disbursements crossed INR 1 lakh crore.

Asset Quality Shows Sequential Improvement

Gross Non-Performing Asset ratio declined to 1.3%, improving 20 basis points quarter-on-quarter. Net NPA ratio stood at 0.2%, down 10 basis points sequentially.

Retail slippages during the quarter were reported at INR 888 crore, compared with INR 1,026 crore in Q3FY26. Net credit cost for the quarter was 0.17% of average assets versus 0.30% in Q4FY25. The bank also reported an improvement in its S&P Global ESG score from 73 to 79 in 2025.

Source: company filing

Key Risks

• Banking sector volatility may impact YES Bank’s near-term stock movement.
• Rising interest rates could pressure lending growth and borrowing demand.
• Asset quality deterioration may affect future profitability metrics.
• Competitive deposit pricing may influence margin expansion going forward.

Summary

YES Bank (NSE:YESBANK) shares traded lower on May 18, 2026. Net profit rose 44.7% year-on-year to INR 1,068 crore, while deposits crossed INR 3 lakh crore. CASA deposits exceeded INR 1 lakh crore and GNPA ratio improved sequentially. Margins, operating profit and credit cost indicators also showed improvement during the quarter.

FAQs

Q: What was YES Bank’s net profit in Q4FY26?
A: YES Bank reported Q4FY26 net profit of INR 1,068 crore, up 44.7% year-on-year from Q4FY25.

Q: How did YES Bank’s asset quality perform during Q4FY26?
A: Gross NPA ratio improved to 1.3%, while net NPA ratio declined sequentially to 0.2%.

Q: What was the YES Bank share price on May 18, 2026?
A: YES Bank shares traded at INR 21.69 on NSE, down 1.72% during early trading hours.