Private sector lender YES Bank Ltd. is poised to release its financial results for the quarter ending June 30, 2026, on Saturday, July 18, 2026. Following the earnings announcement, the bank will host a conference call with analysts and investors later that day to discuss its performance and outlook.
Market analysts anticipate a steady June quarter for YES Bank, driven by robust loan growth, an increase in deposits, and ongoing recoveries within its retail portfolio. Expectations are high for double-digit year-on-year growth in both Net Interest Income (NII) and overall profit. However, sequential earnings might present a mixed picture due to potential pressures on net interest margins (NIMs).
Analyst Projections for Q1 FY27
Several brokerage firms have released their preliminary estimates:
- Kotak Institutional Equities: Projects NII at Rs 2,711.5 crore (up 14.3% YoY), with NIMs around 2.9%. Net profit is estimated at Rs 979.7 crore (up 22.3% YoY).
- ICICI Securities: Forecasts NII of Rs 2,776.6 crore (up 17.1% YoY) and NIMs potentially improving to 2.72%. Net profit is seen at Rs 1,125 crore (up 2.1% QoQ, but down 22.8% YoY).
- JM Financial: Expects NII to reach Rs 2,750.7 crore (up 16% YoY) and net profit to be Rs 1,054.4 crore (up 31.6% YoY).
- Anand Rathi Share & Stock Brokers: Estimates NII at Rs 2,780.6 crore (up 17.3% YoY) and net profit at Rs 1,129.6 crore (up 41% YoY).
Analysts generally agree on healthy loan growth contributing to the NII expansion. Deposit growth has reportedly accelerated to 14% year-on-year, though it still lags behind loan growth. The volatility in NIMs will be a critical area of focus, influenced by income booked from security receipts and the impact of Rural Infrastructure Development Fund (RIDF) investments.
Key Metrics Under Investor Scrutiny
Investors will closely monitor several key performance indicators during the earnings call. These include:
- Net Interest Margins (NIMs)
- Overall asset quality
- Progress in retail portfolio recoveries
- Growth rates for both loans and deposits
- Management commentary regarding future growth strategies and economic outlook
Recent Share Performance and Analyst Ratings
YES Bank shares experienced a decline of over 2.35% on Friday, bringing its market capitalization below Rs 75,000 crore. The stock has tumbled 10% from its 52-week high of Rs 25.77, which was recorded on June 18, 2026. Despite this recent dip, the stock has gained nearly 35% since the beginning of the new fiscal year.
Regarding analyst ratings, JM Financial Ltd. and Kotak Institutional Equities maintain a 'sell' rating on YES Bank, with target prices of Rs 17 and Rs 19, respectively. Anand Rathi also holds a 'sell' rating, while ICICI Securities has a more neutral 'hold' rating with a target price of Rs 21.