Yes Bank Q3 Results 2024: Anticipated Surge with 705.6% YoY Net Profit Growth - What Lies Ahead?

Emkay's latest projections for Yes Bank's third-quarter earnings (October - December ’24) paint a promising picture. Anticipate a remarkable 705.6% YoY increase in net profit as we delve into the forecasted financials and critical insights to decipher the bank's performance.

Earnings Projections

• Net Interest Income (NII): Emkay expects a 4.5% YoY increase to Rs. 2,059 crore, reflecting a 5.3% QoQ growth.
• Pre Provision Operating Profit (PPOP): Anticipated to decrease by 6.6% YoY but up by 2.7% QoQ to Rs. 853.4 crore.

Company Key Metrics

About Yes Bank

Yes Bank, a comprehensive commercial bank, offers a diverse range of products and digital services. Serving retail, MSME, and corporate clients, the bank operates its investment and merchant banking through its wholly-owned subsidiary, YES Securities.

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