Yes Bank Q4 Review: Pet can jump up to 44%but NI margin faces headwinds

Yes Bank is expected to report a double-digit growth in its March quarter earnings, with some brokers estimates that net profit has increased by 35-44% on a one-year-by-year basis. Topline Q4FY 25 can be in the range of Rs 608 crore to Rs 652 crore. Lander’s net interest income (NII) can show a modest single-digit uptick in the quarter under a review between margin pressure.

Estimates are from JM Financial and Anand Rathi Share and Stock Brokers.

Yes Bank will announce its earnings with heavyweights HDFC Bank and ICICI Bank on Saturday, April 19, 2025.

Here’s what they recommend:

JM Financial estimate

JM Financial expects that Yes Bank will report a stomach of Rs 6,081 crore, which will reflect strong 34.6% Yoy growth. However, despite this annual benefit indicates pressure on the bottom line, it can fall below 0.7%, respectively.

Yes, the bank’s NII is estimated at Rs 2,209 crore, showing a modest increase of 2.6% Yoy, but the QOQ has slipped 0.6%. Meanwhile, net interest margins or NIMS are expected to remain under pressure at 2.1%, which is less than 2.2% registered in Q4FY24, and flat in Q3fy25 compared to 2.1%.

Pre-Provision Operating Perating Profit (PPOP) predicts Rs. 1,040 crore, which can be 15.2% yo growth, but a decrease of 3.6% QQ.

In terms of business growth, the loan is expected to increase by 8.2% Yoy and 0.7% QOQ, which is Rs. Will reach 2,465 crore. Speaking of deposits, an increase of 6.8% Yoy and 2.6% QOQ is Rs. 2,845 crore.

The Nder is expected to report the softness in Q4fy24, 0.4% in its credit costs for the quarter under review compared to 0.8% in Q4FY24 and 0.4% in Q3FY25.

JM maintains a ‘cell’ rating on Yes Bank as a concern around the financial margin compression, limited loan growth speed and valuation considerations.

Also Read: HDFC Bank Q4 Results: Stomach may increase up to 7% yo, NII, which will potentially rise up to 9%

An estimate of Anand Rathi

Anand Rathi introduced a strong earning pace for Yes Bank, forecasting 44.3% of Yoy’s growth of 652 crore. On a gradual basis, profits increase by 6.5%.

Brokerage NII will get Rs. Created in 2,265 crores, which can increase by 5.2% Yoy and 1.9% QOQ.

Next, the PPOP Expects Rs 1,113 crore, which has a strong 23.3% Yoy and 3.1% QOQ growth, which indicates healthy operating pending performance and better efficiency metrics.

Also Read: ICICI Bank Q4 preview: Stomach can jump up to 15% yo on strong loan growth; NII growth is found at 7-11%

(Connection: The recommendations, suggestions, opinions and opinions provided by experts have their own. This does not represent opinions of economic time)