Yes Bank share price slides after Q4 business update. Do you own?

Yes Bank's share price dropped nearly 3% despite reporting an 8.2% YoY increase in loans and advances to 236,539 crore. Deposits rose by 6.8%, with CASA deposits increasing by 18.4%.

Saloni Goel
Updated4 Apr 2025, 10:12 AM IST
Yes Bank stock dropped 4% to hit the day's low of  <span class='webrupee'>₹</span>17.21 apiece against its previous closing price of  <span class='webrupee'>₹</span>17.95.
Yes Bank stock dropped 4% to hit the day’s low of ₹17.21 apiece against its previous closing price of ₹17.95.(REUTERS)

Yes Bank share price slipped over 4% in trade on Friday, April 4, following the March quarter (Q4) business update for the recently concluded financial year 2024-25 (FY25). The private lender's stock declined even as the lender reported an increase in major key metrics.

Yes Bank Q4 Business Update

Yes Bank, in an exchange filing last evening, reported an 8.2% YoY increase in loans and advances to 236,539 crore from 227,799 crore. On a sequential basis, the lender's loans and advances grew by 0.7%.

Its deposits, including CASA deposits, saw a 6.8% rise to 284,488 crore from 266,372 crore. While the CASA deposits increased by 18.4% YoY to 97,443 crore, the CASA ratio improved to 34.3% from 30.9% on a YoY basis.

The Credit to Deposit Ratio rose to 86.7% in the March 2025 quarter from 85.5% in the preceding quarter last year. Liquidity Coverage Ratio jumped to 125% from 116.1% YoY, the lender stated.

“Despite a slight miss on NII, the Bank’s strong profit growth, improved deposit mix, and steady asset quality reflect growing stability and improving investor confidence,” said Anshul Jain, Head of Research at Lakshmishree Investment and Securities.

Yes Bank Share Price Trend

Yes Bank stock dropped 4% to hit the day's low of 17.21 apiece against its previous closing price of 17.95.

The stock is trading close to its 52-week low level of 16.02 and has declined 40% from its 52-week high level of 28.50, scaled in April 2024.

In the last one year, Yes Bank stock has lost 31% while in the past five years, it has dropped 28%.

Should You Buy Yes Bank Stock?

Yes Bank shares are facing resistance at 18, and it has made a strong base at 15 apiece, said Sumeet Bagadia, Executive Director at Choice Broking.

“A bullish or bearish trend can be assumed on the breakage of either side of the range. Once the Yes Bank share price closes above 18, we may expect the banking stock to touch 20 soon and 21 apiece. So, Yes Bank shareholders are advised to hold the scrip, maintaining a stop loss of 16. Fresh investors can also buy Yes Bank shares at the current market price for the near-term targets of 20 and 21. However, they must maintain a stop loss at 16 while taking any fresh position on the counter,” advised Bagadia.

Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

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First Published:4 Apr 2025, 09:34 AM IST
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