Yes Bank Share Price Target 2024 India's 7th largest private sector bank, headquartered in Mumbai. It has a market capitalisation of 69, 319 crore rupees. The bank traces its roots back to 1999 and was established in 2004 by the co-founders of the bank, Mr. Ashok Kumar, and Mr. Raj Kapoor. Yes Bank offers services in retail, small and medium enterprises (MSME), and corporate banking sectors. It has branches and ATMs in 700 cities across India. On March 5, 2020, Yes Bank Ltd was taken over by India's banking sector regulator, the Reserve Bank of India (RBI), and sold to a group of banks.
Yes Bank has been fluctuating between Rs15.90 and Rs26.25 on the NSE over the last six months due to the recent events. If you are looking to invest in Yes Bank, it is important to evaluate its financial results. Currently, Yes Bank's stock price is Rs.24.30 and its price-to-earnings (P/E) ratio is Rs.83.38. This article will provide you with a share price forecast for Yes Bank over the next few years and the various factors that affect the investor's interest. The latest financial results of Yes Bank show that its net profit increased by 47.4% in the second quarter of FY24 to Rs.225.21 crore. Its Gross Non-Performing Assets (NPA) ratio is 2% and its non-interest income increased by 38% year-on-year (YoY) to Rs.1,210 crore. Its net Interest income also increased by 3% YoY, reaching Rs.1,925 crore.
Yes Bank share price has been fluctuating between Rs15.90 and Rs26.25 on the NSE over the last six months due to the recent events. If you are an investor looking to invest in Yes Bank's stock, it is important to evaluate its financial results. Currently, Yes Bank's stock price is Rs.24.30 and its price-to-earnings (P/E) ratio is Rs.83.38. This article will provide you with a share price forecast for Yes Bank over the next few years and the various factors impacting the investor's interest. The latest financial results of Yes Bank show that its net profit increased by 47.4% in the second quarter of FY24 to Rs.225.21 crore. Its Gross Non-Performing Assets (NPA) ratio is 2% and its non-interest income increased by 38% year-on-year (Y-year) to Rs.1,210 crore. Its net Interest income also increased by 3% Y-o-year, reaching Rs. 1.925 crore.
Yes Bank Latest News
yes bank share price prediction 2025 has become the first Indian bank to carry out export finance transactions through RXIL, the Global IFSL’s (Exchange for Receivable Securities and Foreign Exchange) platform. JCB (Joint Citibank, National Payments Corporation of India) is one of the few leading investors bidding for Yes Bank’s Rs 4, 200 crores of Non-Perpetual Loans (NPLs), including corporate and retail transactions. Yes Bank Ltd. has launched its End-End Digital Supply Chain Financing Platform, “SmartFin”, with Veefin solutions as its platform of choice. Yes Bank has equipped its Unified Payments Interface (UPI) transactions with Rupay credit cards as from 30th July 2023. Yes Bank has also explored the possibility of acquiring Microfinance to address its PSL (Priority Sector Lending) issues. Yes Bank has reported a 10% increase in its net profit and a 29% increase in its total revenue in the first quarter of 2023. On 22nd December 2023, Yes Bank Founder, Mr. Yes Bank was granted bail from a special court in the money laundering case under the Prevention of Money Laundering Act (PMLA). Yes Bank had Yes Bank Share Price Target 2024
Month (2024) | Maximum Target | Minimum Target |
---|---|---|
January | Rs. 19.67 | Rs. 17.10 |
February | Rs. 20.07 | Rs. 17.45 |
March | Rs. 20.48 | Rs. 17.81 |
April | Rs. 19.88 | Rs. 17.29 |
May | Rs. 19.59 | Rs. 17.03 |
June | Rs. 20.29 | Rs. 17.64 |
July | Rs. 20.09 | Rs. 17.47 |
August | Rs. 20.89 | Rs. 18.17 |
September | Rs. 21 .73 | Rs. 18.89 |
October | Rs. 21 30 | Rs. 18.52 |
November | Rs. 21.94 | Rs. 19.08 |
December | Rs. 22.49 | Rs. 19.56 |
Yes Bank's share price target in 2024 offers an opportunity for its investors to earn a good return on their investment. Most likely, the stock will be on an upsurge trend in FY 2024. Yes Bank Share Price Target 2025
Yes Bank Share Price Target (2025)
Month (2025) | Maximum Target | Minimum Target |
---|---|---|
January | Rs. 22.94 | Rs. 17.65 |
February | Rs. 23.53 | Rs. 1810 |
March | Rs. 24.45 | Rs. 18.80 |
April | Rs. 23.97 | Rs. 18.44 |
May | Rs. 23.27 | Rs. 17.90 |
June | Rs. 24.31 | Rs. 18.70 |
July | Rs. 23.84 | Rs. 18.34 |
August | Rs. 24.58 | Rs. 18.90 |
September | Rs. 25.44 | Rs. 19.57 |
October | Rs. 26.10 | Rs. 20.07 |
November | Rs. 26.75 | Rs. 20.58 |
December | Rs. 27.42 | Rs. 21.09 |
Various financial results of Yes Bank suggest a good upward trajectory for its share price target in 2025. Its maximum and minimum range in 2025 is expected to be in between Rs 27.42 and 21.09.Yes Bank Share Price Target 2030
Year | Maximum Target | Minimum Target |
---|---|---|
2026 | Rs. 28.79 | Rs. 20.15 |
2027 | Rs. 31.67 | Rs. 22.17 |
2028 | Rs. 44.33 | Rs. 22.17 |
2029 | Rs. 38.39 | Rs. 19.19 |
2030 | Rs. 49.90 | Rs. 34.93 |
Yes Bank Financials’ (2019-2023)
Annual | FY 2019 | FY2020 | FY 2021 | FY 2022 | FY 2023 |
---|---|---|---|---|---|
Revenue (Rs) (Crores) | 29,624 | 26,052 | 20,039 | 19,019 | 22,702 |
Interest (Rs. Crores) | 19,811 | 19,258 | 12,611 | 12,528 | 14,800 |
Expenses (Rs. Crores) | 4,168.38 | 5528.75. | 5481.74 | 8777.85 | 7850.00 |
Financing Profit (Rs. Crores) | -2,021 | -32,452 | -7.509 | -1,568 | -3,143 |
Financing Margin (%) | -7% | **-**125% | -37% | -8% | -14% |
Other Income + (Rs. crores) | 4,675 | 11,956 | 3,107 | 3,405 | 4,125 |
Depreciation (Rs. Crores) | 305 | 342 | 360 | 403 | 0 |
Profit before Tax (Rs. Crores) | 23,49 | -20,388 | -4,762 | 1,434 | 981 |
Tax % | 27% | 21% | 27% | 26% | 25% |
Net Profit + (Rs. crores) | 1,709 | -16,433 | -3,489 | 1,064 | 736 |
EPS (Rs.) | 7.38 | -13.09 | -1.39 | 0.42 | 0.26 |
Dividend Payout % | 27 | 0 | 0 | 0 | 0 |