Key Financial Results (Q1FY27)

  • Net Profit: ₹1,071 crore, up 33.7% YoY (Q1FY26: ₹801 crore) and 0.2% QoQ (Q4FY26: ₹1,068 crore)
  • Net Interest Income (NII): ₹2,786 crore, up 17.5% YoY and 5.6% QoQ
  • Non-Interest Income: ₹1,798 crore, up 2.6% YoY and 3.9% QoQ
  • Core Fee Income: Grew 18.7% YoY to ₹1,506 crore
  • Operating Profit: ₹1,704 crore, up 25.5% YoY and 5.3% QoQ
  • Basic EPS: ₹0.34 vs ₹0.26 in Q1FY26 and ₹0.34 in Q4FY26

Key Ratios

  • Return on Assets (RoA): 0.9% (Q1FY26: 0.8%, Q4FY26: 1.0%)
  • Return on Equity (RoE): 8.3% (Q1FY26: 6.6%, Q4FY26: 8.4%)
  • Net Interest Margin (NIM): 2.7% (up 20 bps YoY, stable QoQ)
  • Cost-to-Income Ratio: 62.8% (improved 420 bps YoY from 67.1%)
  • Cost of Deposits: 5.4% (down 50 bps YoY and 10 bps QoQ)
  • Cost of Funds: 5.7% (down 60 bps YoY and 10 bps QoQ)

Balance Sheet Highlights

  • Net Advances: ₹2,85,118 crore, up 18.3% YoY and 4.3% QoQ
  • Retail Banking advances: ₹1,27,147 crore, up 6.9% YoY
  • Commercial Banking advances: ₹69,743 crore, up 16.9% YoY
  • Corporate & Institutional Banking: ₹88,228 crore, up 41.4% YoY
  • Total Deposits: ₹3,15,373 crore, up 14.3% YoY
  • CASA Deposits: ₹1,03,233 crore, up 14.3% YoY
  • CASA Ratio: 32.7% (Q1FY26: 32.8%, Q4FY26: 35.1%)
  • Retail & Branch Led Deposits: ₹1,86,691 crore (59.2% of total), up 10.8% YoY
  • Credit-Deposit Ratio: 90.4% (Q1FY26: 87.4%, Q4FY26: 85.7%)
  • CET 1 Ratio: 14.0% (Q1FY26: 14.0%, Q4FY26: 13.8%)
  • Total Capital Funds: ₹51,228 crore
  • Total Assets: ₹4,62,064 crore

Asset Quality

  • Gross NPA Ratio: 1.3% (down 30 bps YoY, flat QoQ)
  • Net NPA Ratio: 0.2% (down 10 bps YoY, flat QoQ)
  • Provision Coverage Ratio (PCR): 81.7% (Q1FY26: 80.2%, Q4FY26: 81.9%)
  • Gross Slippages: ₹964 crore (1.4% of advances), down 33.9% YoY and 12.5% QoQ
  • Retail Slippages: ₹843 crore (2.7% of retail advances), lowest in 10 quarters
  • Recoveries & Upgrades: ₹564 crore including ₹86 crore P&L gain from Security Receipts
  • Net Credit Costs: 0.3% of average assets (same as Q1FY26)

Other Operational Highlights

  • Retail Assets Disbursement: Grew 27.5% YoY
  • PSL Shortfall Deposits: ₹27,449 crore (5.9% of total assets), down 25.4% YoY and 1.7% QoQ
  • Average Quarterly LCR: 138.2%
  • RWA to Total Assets: 73.2%
  • Borrowings: ₹67,940 crore, up 2.1% YoY and 4.7% QoQ
  • Investments: ₹92,738 crore, up 14.2% YoY and 5.2% QoQ

Rating Upgrades

  • Moody's: Upgraded to 'Ba1/Stable' from Ba2 (May 2026)
  • S&P Global: Assigned inaugural 'BB+/Stable' rating
  • CARE: Upgraded to 'CARE AA+ (Stable)' from 'CARE AA- (Stable)'
  • ICRA: Upgraded Infrastructure & Basel III Tier II Bonds to 'AA (Stable)' from 'AA- (Stable)'

ESG Achievements

  • Included in FTSE4Good Index Series for fourth consecutive year (2023-2026)
  • Won 'Most Sustainable Bank' award at Business Today - India's Most Sustainable Companies 2026
  • Recognized among Top 25 India's Best Workplaces in BFSI 2026 by Great Place to Work® India

Management Commentary

MD & CEO Mr. Vinay M. Tonse stated: "YES BANK has begun FY27 on a strong footing, with Q1 Net Profit growing ~34% Y-o-Y to INR 1,071 Crs. We delivered higher core earnings even as gains from Security Receipts and treasury fell sharply - clear evidence that the underlying franchise is strengthening. Margins held steady at 2.7%, cost-to-income improved further, and asset quality strengthened as slippage eased."

Additional Information

  • Analyst conference call scheduled on July 18, 2026 at 3:00 PM IST
  • Results hosted on bank's website www.yes.bank.in pursuant to Listing Regulations
  • Bank has over 1,300 branches, 200+ BCBOs, and 1,350+ ATMs across 300 districts
  • Operates International Banking Unit at GIFT City and Representative Office in Abu Dhabi