Yes Bank share price surged over 3% on Monday, April 20, following the private bank’s strong Q4 results announcement, which showed a 44.8% increase in net profit year-over-year to ₹1,068.4 crore, up from ₹738 crore during the same time last year, as reported by the company on Saturday, April 18. Yes Bank shares rose as much as 3.06% to ₹20.82 apiece on the BSE.
The bank reported healthy growth in core earnings, with net interest income (NII) rising 16% YoY to ₹2,637.7 crore from ₹2,276.3 crore. Net interest margin (NIM) for Q4FY26 improved to 2.7%, up 20 basis points YoY and 10 basis points sequentially, aided by a lower cost of deposits and reduced PSL shortfall balances. For FY26, NIM stood at 2.6%, reflecting a 20 bps YoY expansion.
Loan growth remained robust, with net advances increasing to ₹2.73 lakh crore, up 11.1% YoY and 6.2% QoQ, driven by strong traction across segments. Retail disbursements surged 41% YoY, while corporate and institutional banking grew 19.7%, commercial banking 14.5%, and retail advances 4.7%.
The quality of assets showed further improvement, as gross non-performing assets (NPAs) fell to 1.3%, and net NPAs decreased to 0.2%. The provision coverage ratio was recorded at 81.9%. Credit costs held steady at 0.2% both for the quarter and the entire year.
Slippages remained stable at ₹1,102 crore, while recoveries were robust at ₹1,547 crore during the quarter, bolstering the overall strength of the balance sheet.
Should you buy, sell or hold?
According to Emkay Global Financial Services, Yes Bank reported a recovery in performance after a year of loan consolidation, driven by strong corporate lending and modest retail growth. Improved net interest margins at 2.7%, lower operating costs, and continued provision reversals supported profitability, with RoA reaching 1% in Q4FY26 and 0.8% for FY26.
According to the brokerage, asset quality also improved, with GNPA declining to 1.3%. Retail stress, though easing, remains elevated. Despite better growth and upgraded FY27 estimates, Emkay maintains a SELL rating with a target price of ₹20, citing a still sub-optimal return profile over the medium term.
According to ICICI Securities, Yes Bank delivered a strong Q4FY26, supported by improved NIM, CASA growth, and accelerated loan expansion. PAT stood at INR 10.7 billion, up 45% YoY, broadly in line with estimates but higher excluding contingent provisions. RoA reached 1% in Q4FY26 and 0.8% for FY26. The bank benefited from a declining RIDF drag, now at 6% of assets, with further reduction expected. While retail slippages have eased, they remain elevated.
ICICI Securities factors in better margins but maintains a HOLD rating, citing limited upside drivers ahead.
Yes Bank share price today
Yes Bank share price today opened at ₹20.81 apiece on the BSE, the stock touched an intraday high of ₹20.82 per share, and an intraday low of ₹20.05 apiece.
According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, the stock opened with a gap-up, but the lack of follow-up buying dragged prices back to Friday’s closing level. The stock is facing resistance near the 200-day SMA, placed around 21, and a sustained move above this level is required to resume the uptrend. On the downside, the 50-day EMA near 19.5 is acting as immediate support.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
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