One of the top private sector banks in India, YES Bank, has been in the headlines for a while now, notably in relation to the performance of its share price. Despite a turbulent recent era, YES Bank’s share price has recently experienced some growth, leading investors and analysts to take a deeper look at the bank’s potential moving forward.
The share price target for YES Bank for the period 2024 to 2030 will be covered in this article. We will examine the variables that have affected the share price of the bank in the past and how they might affect its course in the future.
Yes bank Q3 FY24 results
Net Interest Income (NII): The net interest income increased by 2.3% compared to the same period last year.
Operating Profit: The operating profit demonstrated a growth of 5.4% and reached Rs 864 crore.
Deposits Growth: Yes Bank’s deposits witnessed a notable growth of 13.2% over the last year, reaching Rs 2.4 lakh crore.
Current and Savings Account (CASA) Ratio: The CASA ratio, representing the portion of deposits in current and savings accounts, saw a slight decline from 29.7% in Q3 FY23 to 29.4% in Q3 FY24.
Asset Quality: The gross non-performing assets (NPA) remained stable at 2.0%, and there was an improvement in net NPA, which decreased to 0.9% from 1.0% in the previous year.
Provision Coverage Ratio: Yes Bank’s provision coverage ratio increased to 56.6%, compared to 49.4% in December 2022. This indicates a stronger provision for potential loan losses.
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Yes Bank Share Price Target 2024, 2025 to 2030
Yes Bank SHARE PRICE Target 2024
When | Maximum Price | Minimum Price |
April 2024 | 27.50 | 23.91 |
May 2024 | 27.09 | 23.56 |
June 2024 | 28.07 | 24.41 |
July 2024 | 27.79 | 24.16 |
August 2024 | 28.90 | 25.13 |
September 2024 | 30.06 | 26.14 |
October 2024 | 29.47 | 25.62 |
November 2024 | 30.65 | 26.65 |
December 2024 | 30.95 | 26.91 |
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Yes Bank SHARE PRICE Target 2025
When | Maximum Price | Minimum Price |
January 2025 | 34.05 | 26.19 |
February 2025 | 34.39 | 26.45 |
March 2025 | 35.11 | 27.01 |
April 2025 | 34.77 | 26.74 |
May 2025 | 33.75 | 25.96 |
June 2025 | 35.27 | 27.13 |
July 2025 | 34.58 | 26.60 |
August 2025 | 35.65 | 27.42 |
September 2025 | 36.08 | 27.75 |
October 2025 | 37.02 | 28.47 |
November 2025 | 37.94 | 29.19 |
December 2025 | 39.65 | 30.50 |
Yes Bank Share Price Target 2026 TO 2030
YES BANK SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
2026 | ₹47.64 | ₹22.85 |
2027 | ₹54.87 | ₹19.42 |
2028 | ₹62.65 | ₹34.96 |
2029 | ₹79.76 | ₹41.81 |
2030 | ₹114.25 | ₹79.98 |
In 2026, Yes Bank is anticipated to experience a maximum stock price of ₹47.64 and a minimum of ₹22.85, indicating potential growth and volatility in the market. Moving into 2027, the projected maximum price is ₹54.87 with a minimum of ₹19.42, suggesting fluctuations in investor sentiment and market conditions. By 2028, YES BANK’s stock is expected to reach a maximum of ₹62.65 and a minimum of ₹34.96, reflecting potential shifts in the banking sector and economic landscape. In the subsequent years, the maximum and minimum prices continue to rise, with 2029 showcasing figures of ₹79.76 (maximum) and ₹41.81 (minimum), and 2030 reaching highs of ₹114.25 (maximum) and ₹79.98 (minimum), indicating the bank’s potential growth trajectory and market performance.
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FINANCIAL STRENGTH OF Yes Bank (2019 TO 2023)
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
Revenue | 29,624 | 26,052 | 20,039 | 19,019 | 22,702 |
Interest | 19,811 | 19,258 | 12,611 | 12,528 | 14,800 |
Expenses + | 11,834 | 39,246 | 14,937 | 8,058 | 10,612 |
Financing Profit | -2,021 | -32,452 | -7,509 | -1,568 | -2,710 |
Financing Margin % | -7% | -125% | -37% | -8% | -12% |
Other Income + | 4,675 | 11,956 | 3,107 | 3,405 | 4,125 |
Depreciation | 305 | 342 | 360 | 403 | 433 |
Profit before tax | 2,349 | -20,838 | -4,762 | 1,434 | 981 |
Tax % | 27% | 21% | 27% | 26% | 25% |
Net Profit + | 1,709 | -16,433 | -3,489 | 1,064 | 736 |
EPS in Rs | 7.38 | -13.09 | -1.39 | 0.42 | 0.26 |
Dividend Payout % | 27% | 0% | 0% | 0% | 0% |
Yes Bank’s financial performance, from March 2019 to March 2023, indicates a mix of challenges and signs of recovery. The bank experienced fluctuations in revenue, with a peak of Rs 29,624 crore in March 2019, followed by a decline and subsequent recovery to Rs 22,702 crore in March 2023. Interest expenses remained relatively high, reaching Rs 19,258 crore in March 2020, impacting the financing profit, which turned negative in that period.
Operating expenses, including interest expenses, peaked at Rs 39,246 crore in March 2020 but were managed and reduced to Rs 10,612 crore in March 2023. The financing margin percentage remained negative, reflecting difficulties in generating profit from core lending activities.
Other income, comprising non-interest revenue, increased over the years, reaching Rs 4,125 crore in March 2023. Despite challenges, the bank showed signs of recovery, as seen in the positive net profit figures in March 2022 and March 2023, with the latter reporting a net profit of Rs 736 crore. Earnings per share (EPS) improved from negative values in March 2020 to Rs 0.26 in March 2023. Notably, the dividend payout percentage dropped to 0% from 27% in March 2019, indicating the bank’s focus on retaining earnings for operational requirements or potential capital restructuring. Overall, the financials suggest a period of stabilization and recovery for Yes Bank, with efforts to manage expenses and diversify revenue sources.
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FAQ’s
What is the maximum share price target of Yes Bank in 2025?
The maximum share price target of Yes Bank is expected to reach ₹39.65.
What is the maximum share price target of Yes Bank in 2030?
The maximum share price target of Yes Bank is predicted to reach Rs. ₹114.25.
What is the Market Cap of Yes Bank?
As of 6th April 2024, the current market cap of Yes Bank in 2028 is Rs.72,495 Cr.
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