Archive · 23 Jan 2026
YES Bank Sees 47% Upside Post Q3 Results
YES Bank recently shared its Q3 results, which showed a big increase in profits.
The bank's net profit went up by 55.4% compared to the same time last year.
A financial company called Ventura Securities thinks the bank's stock is a good buy and predicts it could go up by 47% in the next two years.
They like that the bank is making more money and controlling its costs well.
However, there are some risks, like slower economic growth and potential problems with the quality of the bank's loans.
The bank hasn't said when it will start paying dividends again, which are payments to shareholders.
Ventura Securities retained 'Buy' rating on YES Bank with a price target of Rs 32, implying 47% upside over 24 months.
YES Bank's net profit rose 55.4% year on year to Rs 952 crore in Q3, with adjusted profit at Rs 1,068 crore.
Provision costs in Q3 were dramatically reduced to Rs 22 crore, driven by a P&L gain from Security Receipts.
Net interest margin increased to 2.6%, and non-interest income rose 8% year on year to Rs 1,633 crore.
Operating expenses grew at a slower pace compared to income, improving the cost-to-income ratio to 66.1%.
- Who
- YES Bank Ltd, Ventura Securities
- What
- Ventura Securities retained 'Buy' rating on YES Bank with a price target of Rs 32, implying 47% upside over 24 months
- When
- Q3 results and analysis published on January 21
- Where
- India
- Why
- YES Bank's Q3 performance showed margin expansion, asset quality improvements, and operational efficiency
- Current Market Price
- Rs 22-odd
- Price Target
- Rs 32
- Implied Upside
- 47%
- Net Profit (Q3)
- Rs 952 crore (55.4% YoY)
- Adjusted Net Profit (Q3)
- Rs 1,068 crore (74.4% YoY)
- Provision Costs (Q3)
- Rs 22 crore
- RoA (Q3)
- 0.9%
- RoE (Q3)
- 7.7%
- Net Interest Margin (Q3)
- 2.6%
- Non-Interest Income (Q3)
- Rs 1,633 crore (8% YoY)
- Operating Expenses (Q3)
- Rs 2,865 crore (7.8% YoY)
- Cost-to-Income Ratio (Q3)
- 66.1%
