Yes Bank financials and balance sheet

NSE: YESBANKBSE: 532648BanksMid Cap

₹15.80₹0.25 (1.56%)BSE ₹15.79

Share price at the NSE close on 23 Oct 2026. Previous close ₹16.05.

52-week range of traded prices to 23 Oct 2026

₹15.64Low, 23 Oct 2026₹25.78High, 18 Jun 2026

Market cap: ₹49,595 Cr160th largest listed
P/E: 11.8
P/B: 0.9
Dividend yield: Nonein the last 12 months
ROE: 8.2%
NIM: 2.68%
Gross NPA: 1.20%
Net NPA: 0.20%
CET1: 13.73%
ROA: 0.79%
Volume, NSE: 14,42,85,15439.5% delivered

10 years at a glance

Consolidated, laid out as a bank files them.Yes Bank annual reports

Net interest income, Net profit, ₹ crore

Net interest income
Net profit
Loss

Net interest margin, Return on assets, Gross bad loans, per cent

Net interest margin
Return on assets
Gross bad loans

Yes Bank business segments, year to Mar 2026

A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them. A segment at a loss has no share of profit.Yes Bank segment results by quarter

Revenue by segment

₹36,816 CrTotal

Other Retail Banking₹15,421 Cr41.9% of total
Corporate Banking₹12,333 Cr33.5% of total
Treasury₹7,721 Cr21.0% of total
Other Banking Operations₹1,341 Cr3.6% of total
Digital banking₹1 Cr0.0% of total

Profit by segment

Corporate Banking₹3,196 Cr47.5% of total
Treasury₹2,760 Cr41.0% of total
Other Banking Operations₹770 Cr11.4% of total

Segment results by year

Consolidated, ₹ crore, years to March.

Other Retail Banking
Revenue, ₹ crore
14,153
15,090
15,421
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
−972
−2,140
−1,647
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Corporate Banking
Revenue, ₹ crore
22,261
17,040
12,390
9,502
9,818
10,164
12,323
12,333
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
1,418
−24,488
−5,390
2,032
3,473
1,384
2,846
3,196
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Treasury
Revenue, ₹ crore
10,454
11,891
11,849
6,267
5,124
7,552
7,597
7,721
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
3,546
−1,506
4,395
647
−2,949
1,363
2,292
2,760
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Other Banking Operations
Revenue, ₹ crore
294
298
343
489
676
1,220
1,295
1,341
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
88
−45
96
172
202
616
739
770
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Digital banking
Revenue, ₹ crore
0
0
1
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
0
−1
−2
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26

₹ crore	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue of all businesses	37,575	35,145	30,450	24,115	26,894	33,090	36,306	36,816
Company revenue, as in its results	34,299	29,593	23,475	22,424	26,827	32,961	37,076	37,293
Revenue	–	–	–	–	–	14,153	15,090	15,421
Revenue growth	–	–	–	–	–	–	6.6%	2.2%
Profit	–	–	–	–	–	−972	−2,140	−1,647
Margin	–	–	–	–	–	−6.9%	−14.2%	−10.7%
Assets	–	–	–	–	–	1,26,491	1,29,133	1,33,620
Liabilities	–	–	–	–	–	1,55,362	1,61,524	1,86,528
Revenue	22,261	17,040	12,390	9,502	9,818	10,164	12,323	12,333
Revenue growth	–	−23.5%	−27.3%	−23.3%	3.3%	3.5%	21.2%	0.1%
Profit	1,418	−24,488	−5,390	2,032	3,473	1,384	2,846	3,196
Profit growth	–	–	–	–	70.9%	−60.1%	105.6%	12.3%
Margin	6.4%	−143.7%	−43.5%	21.4%	35.4%	13.6%	23.1%	25.9%
Assets	–	1,25,878	1,04,823	1,01,056	94,998	1,07,265	1,23,607	1,52,865
Liabilities	–	47,893	86,555	1,06,273	1,12,172	1,19,672	1,31,509	1,36,114
Revenue	10,454	11,891	11,849	6,267	5,124	7,552	7,597	7,721
Revenue growth	–	13.7%	−0.4%	−47.1%	−18.2%	47.4%	0.6%	1.6%
Profit	3,546	−1,506	4,395	647	−2,949	1,363	2,292	2,760
Profit growth	–	–	–	−85.3%	–	–	68.2%	20.4%
Margin	33.9%	−12.7%	37.1%	10.3%	−57.6%	18.0%	30.2%	35.7%
Assets	–	71,896	90,844	1,21,566	1,38,209	1,60,557	1,59,817	1,73,250
Liabilities	–	1,31,708	76,633	83,396	86,363	88,077	82,152	95,282
Revenue	294	298	343	489	676	1,220	1,295	1,341
Revenue growth	–	–	–	42.3%	38.4%	80.4%	6.2%	3.6%
Profit	88	−45	96	172	202	616	739	770
Profit growth	–	–	–	78.2%	17.9%	204.7%	20.0%	4.1%
Margin	30.1%	−15.1%	28.0%	35.1%	29.9%	50.5%	57.1%	57.4%
Assets	–	177	474	757	779	1,027	951	1,031
Liabilities	–	196	367	456	324	519	472	499
Revenue	–	–	–	–	–	0	0	1
Profit	–	–	–	–	–	0	−1	−2
Margin	–	–	–	–	–	−195.8%	−317.2%	−296.5%
Assets	–	–	–	–	–	1	2	2
Liabilities	–	–	–	–	–	2	3	15
Revenue	4,566	5,916	5,868	7,857	11,276	–	–	–
Revenue growth	–	29.6%	−0.8%	33.9%	43.5%	–	–	–
Profit	−452	−1,047	−2,522	3	1,811	–	–	–
Profit growth	–	–	–	–	58,779.3%	–	–	–
Margin	−9.9%	−17.7%	−43.0%	0.0%	16.1%	–	–	–
Assets	–	50,335	66,204	84,293	1,10,380	–	–	–
Liabilities	–	54,796	75,713	94,270	1,15,055	–	–	–
Revenue	0	1	6	11	38	126	47	105
Profit	−2,251	−2,167	−1,340	−1,420	−1,555	−853	−513	−433
Assets	0	9,546	11,248	10,905	10,838	11,020	10,606	9,438
Liabilities	0	1,544	1,187	483	571	574	620	602

Profit is before tax and finance costs, the way companies report their segments.

Income

₹ crore, years to March. Employee costs and other operating expenses are left blank for the year to Mar 2017: the lines stated do not add to the total the filing states, so the split is not given. Tax is left blank for the year to Mar 2020: profit before tax less the tax charge stated does not come to the profit after tax the same statement states, so the tax charge is not shown.

₹ crore	Mar 2017	Mar 2018	Mar 2019Filed 27 Apr	Mar 2020Filed 7 May	Mar 2021Filed 3 May	Mar 2022Filed 2 May	Mar 2023Filed 25 Apr	Mar 2024Filed 29 Apr	Mar 2025Filed 19 Apr	Mar 2026Filed 18 Apr
Total income	20,643	25,562	34,299	29,593	23,475	22,424	26,827	32,961	37,076	37,293
	16,425	20,269	29,624	26,052	20,039	19,019	22,702	27,606	30,919	30,208
On loans	12,210	15,478	22,919	21,247	16,639	15,089	17,819	21,083	23,295	23,008
On investments	3,797	4,103	6,048	4,261	2,680	2,878	3,565	4,958	5,694	5,424
On balances with the RBI and other banks	258	516	398	210	332	702	841	458	393	410
Other interest	161	172	259	334	388	349	478	1,106	1,536	1,367
Interest paid	10,627	12,529	19,811	19,258	12,611	12,528	14,800	19,527	21,998	20,450
Net interest income	5,798	7,739	9,813	6,794	7,428	6,490	7,902	8,079	8,920	9,758
Other income	4,218	5,293	4,675	3,541	3,436	3,405	4,125	5,355	6,157	7,084
	4,169	5,274	6,361	6,870	5,917	6,981	8,826	10,009	10,768	11,287
Employee costs	–	2,235	2,538	2,691	2,517	2,959	3,475	3,887	4,142	4,401
Other operating expenses	–	3,039	3,823	4,179	3,400	4,023	5,350	6,122	6,626	6,885
Profit before provisions	5,848	7,759	8,127	3,465	4,947	2,914	3,201	3,424	4,310	5,556
Set aside for bad loans	794	1,554	5,778	32,718	9,709	1,480	2,220	1,887	1,086	912
Exceptional items	0	0	0	0	0	0	0	0	0	0
Profit before tax	5,053	6,205	2,349	−29,253	−4,762	1,434	981	1,538	3,224	4,643
Tax	1,714	1,971	640	–	−1,273	370	246	252	777	1,131
The lines under it are parts of it, not all of it.	3,340	4,233	1,709	−16,433	−3,489	1,064	736	1,285	2,447	3,512
Belonging to outside owners of subsidiaries	–	–	0	0	0	0	0	0	0	0
Earnings per share	–	–	–	−₹56.12	−₹1.65	₹0.43	₹0.07	₹0.45	₹0.79	₹1.12
Diluted earnings per share	–	–	–	−₹56.11	−₹1.65	₹0.43	₹0.07	₹0.44	₹0.78	₹1.12

Balance sheet

₹ crore, at 31 March.

₹ crore	Mar 2019Filed 27 Apr	Mar 2020Filed 7 May	Mar 2021Filed 3 May	Mar 2022Filed 2 May	Mar 2023Filed 25 Apr	Mar 2024Filed 29 Apr	Mar 2025Filed 19 Apr	Mar 2026Filed 18 Apr
Total assets	3,80,860	2,57,832	2,73,593	3,18,578	3,55,204	4,06,362	4,24,116	4,70,204
Cash and balances with the RBI	10,798	5,944	6,813	9,067	12,864	18,139	15,260	16,745
With banks and at call	16,187	2,487	22,512	37,681	6,492	1,179	13,307	21,602
Loans given	2,41,397	1,71,433	1,66,805	1,80,959	2,03,237	2,27,799	2,46,120	2,73,445
Investments	89,329	43,748	43,115	51,754	76,749	89,997	84,725	87,755
Fixed assets	830	1,023	2,158	2,141	2,451	2,866	3,078	3,198
Other assets	22,319	33,198	32,190	36,976	53,411	66,381	61,625	67,459
Deposits	2,27,558	1,05,311	1,62,846	1,97,063	2,17,382	2,66,230	2,84,420	3,18,969
Borrowings	1,08,424	1,13,791	63,949	72,340	77,754	80,508	71,971	65,451
Other liabilities and provisions	17,990	17,036	13,660	15,476	19,350	17,469	19,889	34,621
	26,887	21,695	33,138	33,699	40,718	42,155	47,836	51,163
Share capital	463	2,510	5,011	5,011	6,699	6,702	6,271	6,276
Reserves	26,424	19,185	28,127	28,688	34,019	35,453	41,565	44,887

Bad loans and capital

Per cent, and the bad loans themselves in ₹ crore. A non-performing loan is one the borrower has stopped paying, generally for 90 days.

Figure	Mar 2017	Mar 2018	Mar 2019Filed 27 Apr	Mar 2020Filed 7 May	Mar 2021Filed 3 May	Mar 2022Filed 2 May	Mar 2023Filed 25 Apr	Mar 2024Filed 29 Apr	Mar 2025Filed 19 Apr	Mar 2026Filed 18 Apr
Gross bad loans, ₹ crore	2,019	2,627	7,883	32,878	28,610	27,976	4,395	3,983	3,936	3,605
Net bad loans, ₹ crore	1,072	1,313	4,485	8,624	9,813	8,205	1,658	1,330	800	653
Gross bad loans, % of loansFiled to the whole per cent for Mar 2022.	–	–	3.22%	16.80%	15.41%	14.00%	2.13%	1.73%	1.58%	1.30%
Net bad loans, % of loans	–	–	1.86%	5.03%	5.88%	4.53%	0.82%	0.58%	0.33%	0.20%
Bad loans already provided for	46.88%	50.02%	43.10%	73.77%	65.70%	70.67%	62.27%	66.61%	79.67%	81.89%
Core equity to risk-weighted loansFiled to the whole per cent for Mar 2021, Mar 2022, Mar 2023 and Mar 2024.	–	–	8.50%	6.38%	11.00%	12.00%	13.00%	12.00%	–	13.87%
Tier 1 capital	–	–	11.40%	7.88%	–	–	–	–	–	–
Additional tier 1 capital	–	–	2.90%	1.50%	–	–	–	–	–	–
Held by the governmentFiled to the whole per cent for Mar 2021, Mar 2022, Mar 2023 and Mar 2024.	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	0.00%

Margins and returns

Per cent a year, on the average of the opening and closing balance sheets.

Figure	Mar 2017	Mar 2018	Mar 2019Filed 27 Apr	Mar 2020Filed 7 May	Mar 2021Filed 3 May	Mar 2022Filed 2 May	Mar 2023Filed 25 Apr	Mar 2024Filed 29 Apr	Mar 2025Filed 19 Apr	Mar 2026Filed 18 Apr
Net interest margin	–	–	–	2.41%	3.30%	2.58%	2.84%	2.67%	2.69%	2.68%
Yield on interest-earning assets	–	–	–	9.23%	8.90%	7.56%	8.15%	9.12%	9.33%	8.31%
Cost of funds	–	–	–	6.94%	5.66%	5.05%	5.24%	6.08%	6.26%	5.52%
Spread	–	–	–	2.29%	3.25%	2.51%	2.91%	3.03%	3.07%	2.79%
Cost to income	41.62%	40.47%	43.91%	66.47%	54.46%	70.55%	73.38%	74.51%	71.42%	67.01%
Credit cost	–	–	–	15.85%	5.74%	0.85%	1.16%	0.88%	0.46%	0.35%
Loans to deposits	–	–	106.08%	162.79%	102.43%	91.83%	93.49%	85.56%	86.53%	85.73%
Return on assets	–	–	–	−5.15%	−1.31%	0.36%	0.22%	0.34%	0.59%	0.79%
Assets per rupee of net worth	–	–	–	13.15	9.69	8.86	9.05	9.19	9.23	9.03
Return on equity	–	–	–	−67.65%	−12.73%	3.18%	1.98%	3.10%	5.44%	7.10%

Where the return on assets comes from

Per cent of average total assets, a year. Each line adds to the one below it. The year to Mar 2019, the first with a balance sheet on this form, has none a year before it to average with, so its ratios are blank. Tax and associates and businesses sold or closed are left blank for the year to Mar 2020: profit before tax less the tax charge stated does not come to the profit after tax the same statement states, so the tax charge is not shown.

Per cent	Mar 2020Filed 7 May	Mar 2021Filed 3 May	Mar 2022Filed 2 May	Mar 2023Filed 25 Apr	Mar 2024Filed 29 Apr	Mar 2025Filed 19 Apr	Mar 2026Filed 18 Apr
Net interest income	2.13%	2.80%	2.19%	2.35%	2.12%	2.15%	2.18%
Other income	1.11%	1.29%	1.15%	1.22%	1.41%	1.48%	1.58%
Operating expenses	2.15%	2.23%	2.36%	2.62%	2.63%	2.59%	2.52%
Profit before provisions	1.09%	1.86%	0.98%	0.95%	0.90%	1.04%	1.24%
Set aside for bad loans	10.25%	3.65%	0.50%	0.66%	0.50%	0.26%	0.20%
Exceptional items	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profit before tax	−9.16%	−1.79%	0.48%	0.29%	0.40%	0.78%	1.04%
Tax	–	−0.48%	0.12%	0.07%	0.07%	0.19%	0.25%
Associates and businesses sold or closed	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on assets	−5.15%	−1.31%	0.36%	0.22%	0.34%	0.59%	0.79%

Cash flow

Consolidated, ₹ crore, years to March. The last column is the half year to Sep 2026, after the latest full year: the cash flow over its six months.

₹ crore	Mar 2021Filed 3 May	Mar 2022Filed 2 May	Mar 2023Filed 25 Apr	Mar 2024Filed 29 Apr	Mar 2025Filed 19 Apr	Mar 2026Filed 18 Apr	Sep 2026Half yearFiled 17 Oct
Cash from operations	50,124	23,598	−25,816	9,645	6,386	21,217	372
Capital spending	270	14,523	792	981	20	739	393
Free cash flow	49,854	9,075	−26,608	8,664	6,366	20,478	−21
Cash from investing	5,664	−14,511	−12,904	−12,431	8,527	−4,971	−8,282
Cash from financing	−34,942	8,391	11,450	2,771	−5,651	−6,485	12,972
Dividends paid	0	0	0	0	0	0	0
Shares issued	14,880	0	6,037	17	2,885	35	13
Net change in cash	20,846	17,478	−27,270	−16	9,262	9,761	5,063

Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Consolidated, ₹ per share, years to March.Yes Bank dividend history

₹ per share	Mar 2017	Mar 2018	Mar 2019Filed 27 Apr	Mar 2020Filed 7 May	Mar 2021Filed 3 May	Mar 2022Filed 2 May	Mar 2023Filed 25 Apr	Mar 2024Filed 29 Apr	Mar 2025Filed 19 Apr	Mar 2026Filed 18 Apr
	–	–	–	−₹56.12	−₹1.65	₹0.43	₹0.07	₹0.45	₹0.79	₹1.12
As stated that year	₹79.12	₹18.46	₹7.40	−₹56.12	−₹1.65	₹0.43	₹0.07	₹0.45	₹0.79	₹1.12
	–	–	–	−₹56.11	−₹1.65	₹0.43	₹0.07	₹0.44	₹0.78	₹1.12
As stated that year	₹77.00	₹18.09	₹7.33	−₹56.11	−₹1.65	₹0.43	₹0.07	₹0.44	₹0.78	₹1.12
	–	–	–	–	–	–	–	–	–	–
As declared that year	₹12.00	₹2.70	₹2.00	–	–	–	–	–	–	–
	–	–	–	₹17.29	₹13.23	₹13.45	₹14.16	₹14.65	₹15.26	₹16.30
On that year's share count	–	–	₹116.14	₹17.29	₹13.23	₹13.45	₹14.16	₹14.65	₹15.26	₹16.30
Dividend payout	16.4%	14.7%	27.1%	–	–	–	–	–	–	–
Shareholder yield	–	–	–	–	−38.1%	0.0%	−13.9%	0.0%	−5.5%	−0.1%
Market cap at the year end (₹ crore)	65,424	70,077	63,612	28,176	39,086	30,818	43,274	66,727	52,920	54,128

Every year is restated for later splits and bonuses, so they do not break the line. The figure the company stated that year is under each line it differs from.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Measure	10 years	5 years	3 years
Revenue growth, yearly rate	8.7%	9.7%	11.6%
Profit growth, yearly rate	3.3%	–	68.4%
Return on equity, average	–	4.2%	5.2%
Net margin, average	−0.5%	5.5%	6.6%
Asset turnover, average	–	0.08	0.09

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore	5 years	3 years	Latest year
Cash from operations	35,029	37,248	21,217
Cash from investing	−36,290	−8,874	−4,971
Cash from financing	10,476	−9,366	−6,485
Capital spending	17,055	1,740	739
Dividends paid	0	0	0
Shares issued for cash	8,974	2,938	35

Credit ratings

An agency's view of the chance the company repays a borrowing on time, from AAA, the highest, down to D, in default.

Date	Agency	Borrowing rated	Rating	Outlook	Amount, ₹ Cr
23 Oct 2026	ICRA Limited (opens in a new tab)	Infrastructure BondsLong-term scale	[ICRA]AAUpdate on material event	Stable	3,250
23 Oct 2026	ICRA Limited (opens in a new tab)	Basel III Tier I BondsLong-term scale	[ICRA]DUpdate on material event		5,415
23 Oct 2026	ICRA Limited (opens in a new tab)	Basel III Tier II BondsLong-term scale	[ICRA]AAUpdate on material event	Stable	3,000
16 Oct 2026	CRISIL Ratings Limited (opens in a new tab)	Certificate of DepositsShort-term scale	Crisil A1+No Rating Change		20,000
16 Oct 2026	CRISIL Ratings Limited (opens in a new tab)	Tier II Bonds (Under Basel III)Long-term scale	Crisil AA+No Rating ChangeINE528G08378 Debt ISIN	Stable	2,500
16 Oct 2026	CRISIL Ratings Limited (opens in a new tab)	Infrastructure BondsLong-term scale	Crisil AA+No Rating ChangeINE528G08345 Debt ISIN	Stable	2,135
14 Aug 2026	India Ratings and Research Private Limited (opens in a new tab)	Hybrid instruments (Tier II)	IND AA+Review, Upgrade	Stable	2,500
14 Aug 2026	India Ratings and Research Private Limited (opens in a new tab)	Bond	IND AA+Review, Upgrade	Stable	3,250
14 Aug 2026	India Ratings and Research Private Limited (opens in a new tab)	Issuer Rating	IND AA+Review, Upgrade	Stable
9 Jul 2026	ICRA Limited (opens in a new tab)	Tier I (Basel III) - Bond Programme	[ICRA]DReview, Re-affirm		5,415
9 Jul 2026	ICRA Limited (opens in a new tab)	Basel III Compliant Tier II Capital	[ICRA]AAReview, Upgrade	Stable	1,500
30 Jun 2026	CARE Ratings Limited (opens in a new tab)	Infrastructure Bonds	CARE AA+Review, Upgrade	Stable	2,135
30 Jun 2026	CARE Ratings Limited (opens in a new tab)	Certificate of Deposit	CARE A1+Review, Re-affirm		20,000
30 Jun 2026	CARE Ratings Limited (opens in a new tab)	Bonds-Tier II Bonds	CARE AA+Review, Upgrade	Stable	5,858
30 Jun 2026	CARE Ratings Limited (opens in a new tab)	Infrastructure Bonds	WithdrawnReview, Other
30 Jun 2026	CARE Ratings Limited (opens in a new tab)	Bonds-Tier II Bonds	WithdrawnReview, Other

The latest rating on each borrowing. The agency's name opens its reasoning for the rating.