Mumbai: YES BANK Q2FY26 results showcased strong growth momentum across core banking metrics, with the bank posting an 18.3% year-on-year (YoY) rise in profit after tax (PAT) to ₹654 crore.
Operating profit climbed sharply by 32.9% YoY and 31.8% quarter-on-quarter (QoQ) to ₹1,296 crore, reflecting efficient cost management and revenue diversification.
YES BANK Q2FY26: Key Financial Performance Indicators
For Q2FY26, YES BANK reported Net Interest Income (NII) of ₹2,301 crore, an increase of 4.6% YoY, while Non-Interest Income stood at ₹1,644 crore, up 16.9% YoY. The Net Interest Margin (NIM) remained steady at 2.5%, with a 10-basis-point improvement compared with the previous year.
Return on Assets (RoA) improved to 0.6% from 0.5% in Q2FY25, while the Cost-to-Income ratio reduced to 67.1% – the fifth consecutive quarter of sequential improvement.
Also Read: IndusInd Bank Leadership Team Strengthened with Five Senior Executive Appointments
YES BANK Q2FY26: Growth in Deposits and Advances
The bank’s balance sheet continued to strengthen during Q2FY26, with total deposits rising 6.9% YoY and 7.4% QoQ to ₹2,96,276 crore. CASA deposits increased 12.5% YoY, enhancing the CASA ratio to 33.7%. Net advances stood at ₹2,50,212 crore, up 6.4% YoY and 3.8% QoQ.
YES BANK Q2FY26: Strategic Milestones and Leadership Updates
In Q2FY26, Sumitomo Mitsui Banking Corporation (SMBC) became YES BANK’s largest shareholder, acquiring a 24.2% stake. SMBC also nominated Rajeev Veeravalli Kannan and Shinichiro Nishino as Non-Executive & Non-Independent Directors.
During the quarter, the bank’s domestic credit rating was upgraded to AA-, reflecting strengthened financials and improved asset quality. YES BANK also expanded its branch network by opening 43 out of 80 branches planned for FY26.
Also Read: DBS Bank India Authorised as RBI Agency Bank for GST Payments via DBS IDEAL
YES BANK Q2FY26 Performance
Commenting on the YES BANK Q2FY26 results, Prashant Kumar, Managing Director & CEO, stated, “The bank delivered strong performance across key operating metrics during Q2FY26. Deposit growth momentum continued to outperform the industry, especially in CASA deposits. Asset quality strengthened further, and core fee income registered healthy growth led by forex and distribution businesses.”
He added that the bank remains on course to achieve a 1% Return on Assets (RoA) target by FY27, supported by disciplined cost management, balanced growth across segments, and consistent improvement in profitability.
