Yes Bank Reports Record Profit Amidst Market Challenges and Asset Quality Improvement

Yes Bank, a prominent player in the private sector banking industry, has recently undergone an evaluation adjustment reflecting its current market dynamics. The bank has reported positive financial performance for the quarter Q1 FY25-26, showcasing a significant achievement with a profit after tax (PAT) of Rs 801.07 crore, marking its highest quarterly figure to date. Additionally, the gross non-performing assets (NPA) have reached a low of 1.60%, indicating a strong asset quality.
Despite these positive indicators, Yes Bank has faced challenges in the broader market context. Over the past year, while the BSE500 index experienced negative returns of -4.13%, Yes Bank's stock has seen a more pronounced decline of -29.20%. This underperformance has prompted a revision in its evaluation score.

On a positive note, the bank has demonstrated robust long-term fundamental strength, with a compound annual growth rate (CAGR) of 16.20% in net profits. Furthermore, the bank's net interest income (NII) has peaked at Rs 2,371.47 crore, and it maintains a fair valuation with a price-to-book ratio of 1.2. High institutional holdings at 65.22% suggest a strong backing from investors with substantial analytical resources.

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