YES Bank, a prominent player in India’s private banking sector, has been the subject of considerable attention lately, largely due to fluctuations in its share price. Despite encountering a mix of ups and downs in recent times, there are discernible indications of positive movement, sparking curiosity among investors and analysts alike regarding the bank’s future trajectory.
This article aims to delve into the potential scenarios that could unfold concerning YES Bank’s share price from 2024 through 2030. By examining the factors that have historically influenced the bank’s share price and how these variables might continue to shape its performance, we aim to offer insights into the bank’s potential future direction.
Yes Bank’s Q4 FY 2023-24 Results:
- Yes Bank’s robust performance in Q4 FY 2023-24 underscores its effective strategies and operational efficiency, leading to significant profit growth.
- The improvements in asset quality, with both gross and net non-performing asset (NPA) ratios showing marked declines year-on-year, reflect the bank’s success in managing and reducing bad loans.
- Despite marginal growth, the increase in net interest income (NII) to Rs 2153 crore indicates the bank’s ability to generate revenue amidst market challenges.
- Strong growth in net advances, particularly in SME and mid-corporate segments, contributed to the bank’s overall performance, reaching Rs 2.27 lakh crore.
- The substantial surge in total deposits to Rs 2.6 lakh crore highlights strong customer confidence and trust in Yes Bank’s operations and stability.
- The stable CASA ratio at 30.9% signifies effective management of low-cost deposits, essential for maintaining a healthy balance sheet.
- However, the slight compression in net interest margin (NIM) from 2.8% to 2.4% suggests potential profitability challenges amid evolving market dynamics, warranting attention and strategic adjustments.
How to purchase Yes Bank shares?
Below are the trading platforms that you can use to purchase Bajaj Yes Bank shares:
- Zerodha
- Upstox
- Groww
- AngelOne
- ICICIDirect
- Paytm Money
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Yes Bank Share Price Target 2024, 2025 to 2030
Yes Bank SHARE PRICE Target 2024
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Yes Bank SHARE PRICE Target 2025
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 | ₹110.25 | ₹79.98 |
In 2026, Yes Bank’s share is expected to reach a maximum of ₹47.64 and a minimum of ₹22.85 per share. Moving forward to 2027, the share price is projected to increase, with the maximum anticipated at ₹54.87 and the minimum at ₹19.42 per share. By 2028, Yes Bank’s share price could continue its upward trend, reaching a maximum of ₹62.65 and a minimum of ₹34.96 per share. Looking ahead to 2029, the share price is forecasted to rise further, with the maximum predicted at ₹79.76 and the minimum at ₹41.81 per share. Finally, in 2030, Yes Bank’s share price is expected to experience significant growth, with the maximum reaching ₹110.25 and the minimum at ₹79.98 per share. These projections indicate potential fluctuations influenced by market conditions and the bank’s performance over the coming years.
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FINANCIAL STRENGTH OF Yes Bank (2020 TO 2024)
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
Revenue | 26,052 | 20,039 | 19,019 | 22,702 | 27,606 |
Interest | 19,258 | 12,611 | 12,528 | 14,800 | 19,527 |
Expenses + | 39,246 | 14,937 | 8,058 | 10,612 | 11,896 |
Financing Profit | -32,452 | -7,509 | -1,568 | -2,710 | -3,817 |
Financing Margin % | -125% | -37% | -8% | -12% | -14% |
Other Income + | 11,956 | 3,107 | 3,405 | 4,125 | 5,355 |
Depreciation | 342 | 360 | 403 | 433 | 0 |
Profit before tax | -20,838 | -4,762 | 1,434 | 981 | 1,538 |
Tax % | 21.00% | 27.00% | 26.00% | 25.00% | 16.00% |
Net Profit + | -16,433 | -3,489 | 1,064 | 736 | 1,285 |
EPS in Rs | -13.09 | -1.39 | 0.42 | 0.26 | 0.45 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
The financial performance of the company over the past five years presents a narrative marked by fluctuations and challenges, yet also underscores potential avenues for growth and recovery. Commencing with a robust revenue of ₹26,052 crore in March 2020, the company encountered a notable decline to ₹19,019 crore by March 2022, indicative of a period possibly characterized by economic strain or internal restructuring efforts. However, by March 2024, there was a resurgence in revenue, rebounding to ₹27,606 crore, hinting at renewed business activity or the successful implementation of strategic initiatives.
Despite facing volatility in financing profit margins, which plummeted to a concerning -125% in March 2020 before improving to -14% by March 2024, the company showcased resilience by reversing its trajectory of losses and reporting a net profit of ₹1,285 crore by March 2024. While challenges persist, these financials suggest a potential turnaround, underscoring the significance of strategic planning and adaptability in navigating market dynamics for sustained and robust growth.
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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 ₹34.77.
What is the maximum share price target of Yes Bank in 2030?
The maximum share price target of Yes Bank is predicted to reach ₹110.25.
What is the Market Cap of Yes Bank?
The current market cap of Yes Bank in 2028 is Rs.77,990.
Can Yes Bank’s Share Price Hit 100INR?
Yes, as our prediction YES BANK will hit 100 INR by April 2030.
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