Mumbai: YES BANK Q3FY26 performance reflected a sharp acceleration in profitability, steady business momentum, improved margins, and strengthening asset quality.
YES BANK reported a 55.4% year-on-year increase in Profit After Tax (PAT) to ₹952 crore, alongside sustained growth in advances and deposits during the quarter.
Adjusted for gratuity impact, operating profit in YES BANK Q3FY26 stood at ₹1,389 crore, registering a growth of 28.7% YoY and 7.1% quarter-on-quarter (QoQ).
Net Interest Income (NII) rose to ₹2,466 crore, up 10.9% YoY and 7.2% QoQ, while Net Interest Margin (NIM) improved to 2.6%, compared with 2.4% in Q3FY25 and 2.5% in Q2FY26.
Also Read: YES BANK Q2FY26 Results: PAT Rises 18 Per Cent YoY, CASA Ratio Improves to 33.7 Per Cent
YES BANK Q3FY26: Improved Profitability and Operating Efficiency
Non-interest income during YES BANK Q3FY26 increased 8% YoY to ₹1,633 crore, supported by stable fee income. The Bank also reduced its cost-to-income ratio sequentially for the sixth consecutive quarter, bringing it down to 66.1%.
Return on Assets (RoA) improved to 0.9% in Q3FY26, compared with 0.6% in both Q3FY25 and Q2FY26. Excluding gratuity impact, RoA reached 1.0%, marking a key operational milestone.
YES BANK Q3FY26 Balance Sheet Shows Sustained Growth
The balance sheet reflected continued momentum during YES BANK Q3FY26. Total deposits grew 5.5% YoY to ₹2,92,524 crore, driven by sustained outperformance in CASA deposits.
- The CASA ratio improved to 34.0%, up from 33.1% in Q3FY25 and 33.7% in Q2FY26.
- Net advances stood at ₹2,57,451 crore, registering a 5.2% YoY and 2.9% QoQ increase, supported by improving disbursement momentum, particularly in the retail segment.
Commenting on YES BANK Q3FY26 results, Prashant Kumar, Managing Director & CEO, YES BANK, said the quarter marked a breakthrough, driven by accelerating profitability, sharp improvement in asset quality, rising business volumes, and sustained industry-leading CASA performance.
He highlighted that quarterly RoA, excluding gratuity impact, reached 1.0% for the first time since reconstruction, supported by NIM expansion, buoyant fee income, and tight control over operating costs.
Net credit costs remained negligible, aided by eight-quarter low slippages at 1.6% of advances and continued redemptions from the security receipts portfolio.
Also Read: Poonawalla Fincorp Q3FY26: PAT Surges 102.5 Per Cent QoQ as AUM Crosses INR 55,000 Crore
YES BANK Q3FY26: Strategic and Operational Developments
During YES BANK Q3FY26, the Bank was included in the NIFTY BANK Index effective December 31, 2025. It opened 33 new branches in Q3FY26 and 76 branches during 9MFY26, achieving 95% of its full-year branch expansion target.
The Bank also secured a major government mandate by being appointed Custody Services Provider for The Trustees Food Corporation of India Contributory Provident Fund (TFCICPF) and was recognized by BSE as a top performer in Custodian Clearing, reinforcing its leadership in capital market operations.
