YES BANK reported a strong financial performance for Q4 and FY26, driven by higher profitability, steady balance sheet growth, improved margins, and better asset quality.
The Bank posted a net profit of INR 1,068 crore for Q4 FY26, up 44.7% year-on-year, while full-year profit rose 44.5% to INR 3,476 crore. Net Interest Income grew 15.9% YoY to INR 2,638 crore in Q4, with Net Interest Margins improving to 2.7%. Operating profit for the quarter increased 23.1% YoY to INR 1,618 crore, while the cost-to-income ratio improved to 63%.
Deposits crossed the INR 3 lakh crore milestone, reaching INR 3,18,969 crore, up 12.1% YoY. CASA deposits grew 14.9% YoY, with the CASA ratio improving to 35.1%. Advances rose 11.1% YoY to INR 2,73,445 crore, supported by broad-based growth across retail, commercial, and corporate segments. Retail disbursements surged nearly 41% YoY, reflecting strong consumer demand.
Asset quality continued to strengthen, with Gross NPA declining to 1.3% and Net NPA to 0.2%. The Bank maintained a healthy provision coverage ratio of 81.9%, reinforcing its focus on prudent risk management.
Expanding its footprint, YES BANK added 82 branches during FY26, taking its total network to 1,334 branches, alongside 249 BC outlets and over 1,300 ATMs and related banking touchpoints nationwide.
Vinay M Tonse, Managing Director and CEO, YES BANK, said, “FY26 marks a year of strong execution, with consistent improvement across profitability, asset quality, and growth. Our focus on a CASA-led deposit strategy, disciplined cost management, and balanced portfolio growth has strengthened our core franchise. As we move forward, we remain committed to delivering sustainable growth while enhancing customer value and operational resilience.”
The Bank also gained global recognition, featuring in the S&P Global Sustainability Yearbook 2026 and continuing its presence in the FTSE4Good Index, alongside strengthening its innovation and startup engagement initiatives.
