YES Bank Stock
Yes Bank reported a stellar performance in Q3 FY25, with net profit growing 164.25% to Rs 612 crore led by a significant reduction in provisions. Provisions declined by over 50% year-on-year to Rs 259 crore, reflecting improved asset quality and operational efficiency.
The bank’s net interest income (NII) grew 10% year-on-year to Rs 2,223 crore, although net interest margin (NIM) remained stable at 2.4%. gross non-performing assets (GNPA) improved, declining to 1.6% from 2% a year ago, while net NPA declined to 0.5% from 0.9% in the same period.
CASA ratio increased to 33.1%, a significant improvement from 29.7% last fiscal, reflecting growth in customer deposits. However, gross slippages stood at ₹1,348 crore, slightly higher than the previous quarter, but manageable considering the overall performance of the bank.
In early trade on Monday, Yes Bank shares rose 3.38% to ₹18.87 on the BSE, with a market capitalisation of ₹58,567 crore. Trading volumes remained robust, with 100.25 lakh shares exchanging hands, with a total turnover of ₹18.98 crore.
Prashant Kumar, Managing Director and CEO of Yes Bank, expressed optimism: Q3 FY25 is the fifth consecutive quarter of profitability growth, with RoA improving to 0.6%. This consistent performance reflects our focus on operating profitability and asset quality improvement.
From a technical perspective, Yes Bank stock shows moderate activity. Its Relative Strength Index (RSI) is at 41.1, indicating neutral momentum. The stock is trading above its 5-day and 10-day moving averages but below its 20-day, 50-day and long-term averages, indicating a mixed technical outlook.
With consistent growth in earnings and operational efficiency, Yes Bank continues to strengthen its financial position, making it a stock to watch.
Also Read: Yes Bank Share Price Target