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Yes Bank has announced a remarkable financial performance for FY25, highlighted by a 92.3 per cent year-on-year surge in net profit, reaching Rs 2,406 crore. The bank's asset quality also saw significant improvement, with Gross Non-Performing Assets (GNPA) declining to 1.6 per cent. Meanwhile, Sumitomo Mitsui Banking Corporation (SMBC) is in advanced discussions to acquire a significant stake in Yes Bank.
Key Financial Highlights of FY25
Yes Bank's financial results showcase a strong recovery and improved performance across various metrics:
-
Net Profit
: Rs 2,406 crore, up 92.3 per cent Y-o-Y
-
Q4FY25 Net Profit
: Rs 738 crore, up 63.3 per cent Y-o-Y
-
Net Interest Margin (NIM) for Q4FY25
: 2.5 per cent, trending upward Q-o-Q
-
Non-Interest Income for FY25
: Rs 5,857 crore, up 14.5 per cent Y-o-Y
-
Gross NPA
: 1.6 per cent, lowest ever
-
Net NPA
: 0.3 per cent
- Provision Coverage Ratio (PCR) : Improved to 79.7 per cent
Balance Sheet Momentum
The bank's balance sheet shows sustained growth and effective execution of strategic objectives:
-
Deposits
: Up 6.8 per cent Y-o-Y
-
CASA Ratio
: Improved to 34.3 per cent, up 340 bps Y-o-Y
- Net Advances Growth : 8.1 per cent Y-o-Y, driven by SME and Mid Corporate Advances
Key Ratios and Figures
| Metric | Q4FY25 | Q3FY25 | Q4FY24 | FY25 | FY24 |
|---|---|---|---|---|---|
| RoA | 0.7 per cent | 0.6 per cent | 0.5 per cent | 0.6 per cent | 0.3 per cent |
| CRAR | 15.6 per cent | 15.9 per cent | 15.4 per cent | ||
| CET 1 | 13.5 per cent | 13.3 per cent |
RoA refers to Return on Assets. CRAR refers to Capital to Risk (Weighted) Assets Ratio. CET 1 refers to Common Equity Tier 1 Ratio.
NPA and Recovery
Yes Bank has demonstrated significant improvement in asset quality:
-
Total Recoveries & Upgrades in Q4FY25
: Rs 1,480 crore
-
Total Recoveries & Upgrades in FY25
: Rs 5,923 crore
-
Restructured Advances
: Lowest ever at Rs 424 crore (0.2 per cent of Advances)
- Net Carrying Value of Security Receipts : NIL
SMBC in Talks to Acquire Stake; RBI Gives Nod
Sumitomo Mitsui Banking Corporation (SMBC), a Japanese financial powerhouse, is in advanced discussions to acquire a significant stake in Yes Bank. The Reserve Bank of India (RBI) has given the green signal for SMBC to acquire up to 51 per cent in Yes Bank. This deal could value Yes Bank at $1.7 billion. SMBC may initially acquire less than 26 per cent through a share swap or buy up to 26 per cent and launch an open offer.
Stock Performance
Yes Bank's stock is currently trading at Rs 17.73 on NSE, a 0.23 per cent increase in the past 24 hours.
Yes Bank's FY25 results indicate a strong turnaround, marked by significant profit growth and improved asset quality. The potential acquisition by SMBC could further strengthen the bank's position.
Disclaimer: This article has been written with the assistance of Artificial Intelligence. While our digital writer has been trained to follow our editorial style, we recommend applying a critical eye while reading. Enjoy the story — and keep smiling with understanding!
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