YES Bank Q4 results
Yes Bank Q4 Earnings Today: Strong PAT growth likely even as NII may fall 3% YoY
Yes Bank Q4 Earnings Today: Estimates from three brokerages suggest that Yes Bank is poised to announce a net profit ranging from Rs 252 crore to Rs 427 crore for the quarter ended March 31, 2024. This forecast indicates a year-on-year (YoY) increase of 24% to 111% compared to the same quarter of the previous financial year, during which the lender recorded a profit after tax (PAT) of Rs 202 crore.
Yes Bank Q4 results: PAT jumps 123% to Rs 452 crore
Yes Bank Q4 Result: During the quarter ending on March 31, 2024, Yes Bank disclosed a standalone net profit of Rs 452 crore, marking a substantial increase of 123% compared to the Rs 202.43 crore reported in the same period the previous year. Furthermore, the bank's interest income saw a notable rise, reaching Rs 7,447.17 crore, a significant increase from Rs 6,216.24 crore reported in the corresponding quarter of the preceding fiscal year, reflecting a 20% year-on-year growth.
Yes Bank Q4 Results: Net profit drops 45% YoY to Rs 202.43 crore on higher provisions; misses estimates
Yes Bank Q4 Results: The provisions for bad loans have increased as well. Yes Bank shares have dropped nearly 20% in 2023 as it underperformed compared to its peers. However, the net profit was up almost 290% sequentially. The standalone interest earned during the period was up over 25% YoY.
YES Bank Q4 Preview: Growth to moderate on weak treasury income, NIMs stable
Shares of the lender have been a big underperformer in 2023, dropping nearly 20%. However, much of this fall has been triggered by expectations of stake sale by peer lenders following the expiry of the 3-year lock-in period
YES Bank shares fall over 4% after Q4 results. What should investors do?
Shares of private lender YES Bank fell 4.5% to Rs 15.48 in Monday's intraday trade on the BSE after the bank reported a 45% year-on-year drop in standalone net profit to Rs 202.43 crore for the quarter ended March 31 from Rs 367.46 crore in the corresponding quarter of FY22, as provisions for bad loans increased.
Q4 Earnings Decoded: Key takeaways for investors from ICICI Bank, Yes Bank, Macrotech Developers
Marcrotech Developers Q4 Results: PAT jumps 40% YoY to Rs 1,769 crore on record pre-sales
YES Bank Q4 Results: Lender posts profit of Rs 367 crore; NII rises 84% YoY
Net interest margin (NIM) improved to 2.5 per cent in the March quarter from 2.4 per cent in the December quarter and 1.6 per cent in the year-ago quarter.
YES Bank Q4 results: Net loss widens to Rs 3,788 cr YoY; asset quality weakens
The lender’s provisions in the quarter rose 7.5 per cent on-year to Rs 5,240 crore. On a sequential basis, provisions shot up 138 per cent.
YES Bank Q4 results preview: Loss likely to widen on sharp deposit outflows
The Bank is scheduled to come out with its quarterly numbers on May 6, Wednesday.
Macquarie double-downgrades YES Bank, cuts target price by 40%
Besides Macquarie, brokerages BoB Capital and Emkay Global have also downgraded the stock.
Macquarie double downgrades YES Bank, cuts target price by 40%
Besides Macquarie, brokerages BoB Capital and Emkay Global have also downgraded the stock.
YES Bank slips into loss on big IL&FS hit: Key Q4 takeaways
Provisions spiked 816.20% to Rs 3,661.70 crore over Rs 399.60 crore in the year-ago period.
YES Bank reports Q4 loss of Rs 1,507 crore as provisions spike
Private lender YES Bank on Friday reported a surprise loss of Rs 1,506.64 crore for the quarter ended March 31 on spike in provisions and contingencies. Analysts in an ET NOW poll had estimated a profit of Rs 1,050 crore. The bank had posted a net of Rs 1,179.44 crore for the corresponding quarter. Provisions jumped to Rs 3,661.70 crore in Q4 from Rs 399.64 crore in the year-ago period.YES Bank reports Q4 loss of Rs 1,507 crore as provisions spike
YES Bank reports surprise Q4 loss of Rs 1,507 crore as provisions jump 9 times YoY
Provisions jumped to Rs 3,661.70 crore in Q4 from Rs 399.64 crore in the year-ago period.
YES Bank likely to post drop in Q4 profit
Elara Capital said it does not expect any large corporate slippage.
YES Bank profit rises 29% led by loan growth
Non interest income or fee income growth was a tad slower at 13% to Rs 1,421 crore.
YES Bank Q4 profit jumps 29% YoY to Rs 1,179 crore; provisions rise
The private lender had reported Rs 914 crore net profit in the corresponding quarter last year.
YES Bank Q4 results: Private lender reports Rs 2,629 crore profit on one-off gains from T1 bond writeoff
The bank’s provisions were at Rs 4,872 crore, compared with Rs 3,662 crore a year ago.
Yes Bank reports healthy NII growth, net beats estimates
The private lender had reported a net profit of Rs 702.10 cr in the corresponding quarter last year.
YES Bank health check: Deposits depleting, capital limits breached, bad loans surging
Excluding the extraordinary income, the lender reported a loss of Rs 3,668 crore in Q4.
