Yes Bank reported a strong set of earnings for the 3rd quarter of FY26, with profit and core income showing sharp improvement alongside healthier asset
quality and steady balance-sheet expansion. Following the board meeting held on January 17, 2026, the lender announced its unaudited standalone and consolidated financial results for the quarter and nine-month period ended December 31, 2025. The financials, reviewed by the joint statutory auditors, were released along with an investor presentation and press note for wider dissemination on stock exchanges and the bank’s website. For Q3 FY26, Yes Bank posted a profit after tax (PAT) of Rs 952 crore, registering a 55.4 per cent rise year-on-year and a 45.4 per cent jump sequentially. After adjusting for gratuity impact, profit stood higher at Rs 1068 crore, marking a 74.4 per cent YoY increase. Return on assets improved to 0.9 per cent from 0.6 per cent in both Q3 FY25 and Q2 FY26, while adjusted RoA stood at 1.0 per cent. Net interest margin for the quarter strengthened to 2.6 per cent, compared with 2.4 per cent a year ago and 2.5 per cent in the previous quarter. The cost of deposits also eased to 5.6 per cent, lower by 50 basis points YoY and 10 basis points QoQ. Non-interest income grew 8.0 per cent YoY to Rs 1633 crore. Operating profit, adjusted for gratuity, came in at Rs 1389 crore, up 28.7 per cent YoY and 7.1 per cent QoQ. The cost-to-income ratio improved to 66.1 per cent, down from 71.1 per cent last year and 67.1 per cent in the previous quarter, reflecting better operating efficiency. For Q3 FY26, Yes Bank posted a profit after tax (PAT) of Rs 952 crore, registering a 55.4 per cent rise year-on-year and a 45.4 per cent jump sequentially. After adjusting for gratuity impact, profit stood higher at Rs 1068 crore, marking a 74.4 per cent YoY increase. Return on assets improved to 0.9 per cent from 0.6 per cent in both Q3 FY25 and Q2 FY26, while adjusted RoA stood at 1.0 per cent. Net interest margin for the quarter strengthened to 2.6 per cent, compared with 2.4 per cent a year ago and 2.5 per cent in the previous quarter. The cost of deposits also eased to 5.6 per cent, lower by 50 basis points YoY and 10 basis points QoQ. Non-interest income grew 8.0 per cent YoY to Rs 1633 crore. Operating profit, adjusted for gratuity, came in at Rs 1389 crore, up 28.7 per cent YoY and 7.1 per cent QoQ. The cost-to-income ratio improved to 66.1 per cent, down from 71.1 per cent last year and 67.1 per cent in the previous quarter, reflecting better operating efficiency.
