Yes Bank Reports Strong Q3 Operating Profit Amid Long-Term Growth Challenges

Yes Bank, a prominent player in the private banking sector, has recently undergone an adjustment in its evaluation. The bank reported a notable growth in operating profit of 24.88% for the quarter ending December 2024, contributing to a series of positive results over the last five consecutive quarters. The interest earned reached a record high of Rs 7,829.14 crore, while the profit after tax also peaked at Rs 612.27 crore. Additionally, the gross non-performing assets (NPA) ratio stood at a low of 1.60%, indicating a stable asset quality.
Despite these encouraging metrics, the bank's long-term growth trajectory appears to be challenged, with net interest income growing at an annual rate of 4.91% and net profit at 16.03%. The stock has generated a return of -20.72% over the past year, and its performance has lagged behind the BSE 500 index over various time frames. Institutional holdings remain robust at 65.58%, reflecting a strong analytical capability among these investors.

In light of these developments, Yes Bank's evaluation has been revised, reflecting the complex interplay of its financial metrics and market position.

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