Looking to invest in Bank Sector stocks? As an active trader, you might have heard about YES Bank, which is a private bank. Shares of YESBANK are currently trading well below ₹20. In this post, we will forecast Yes Bank Share Price target for 2023, 2024, 2025 and 2030.
To find the share price target for YES Bank, we will use Gann analysis and study the company’s fundamentals. But, is it good time to buy shares of YES BANK? The answer is Yes! Firstly, on the daily time frame, shares of YES Bank are making higher. Technically, investing in stocks where higher highs are formed is always good. Secondly, we can see improvement in the quarterly performance of the Bank. Finally, the banking sector is on a boom in India. Private sector banks like IDFC First and PSU Banks like PNB, once undervalued, are now gaining momentum.
Here is what we will learn from this post:
YES Bank Company details
YES Bank is a private-sector bank based in India. It offers individuals, businesses, and corporate clients a wide range of banking and financial services.The Bank operates in various segments, including retail, corporate, commercial, investment, and wealth management.
Founded by Rana Kapoor and Ashok Kapoor in 2004, the Bank has its headquarters in Mumbai. Prashant Kumar is the current SEO of YES Bank.
What does YES Bank do?
YES Bank provides traditional banking services such as savings and current accounts, fixed deposits, loans, and credit cards to individuals and small businesses. It also offers specialised services tailored to the needs of corporate clients, including working capital finance, trade finance, cash management, and treasury services.
In addition to core banking services, Yes Bank provides investment banking solutions, including advisory services for mergers and acquisitions, capital raising, debt restructuring, and project financing. The Bank also offers wealth management services, helping clients manage their investments, plan for their financial goals, and protect their assets.
What is the current share price of YES Bank?
YES Bank is currently trading at ₹16.25 per share. The Bank’s share price has risen by 33% from its 52 Week low of ₹12.55 in the last one year. Its 52 Week high price is ₹24.75. After making a swing low at 14.5, YES Bank is constantly rising.
YES Bank share price target 2023
| Quarter | YES Bank Quarterly Price Target (₹) |
|---|---|
| Q2 2023 | ₹18 |
| Q3 2023 | ₹22.20 |
| Q4 2023 | ₹24 |
Based on Gann’s analysis, the minimum share price target for YES Bank for the year 2023 is ₹18, which the bank is expected to reach by Sept 2023. The maximum share price that the bank will reach in 2023 is ₹24.
Now let use check how the YES Bank is performing fundamentally.
To begin with, the interest earned by YES Bank has shown a consistent increase over the quarters. Starting from 4,947.53 Cr. in March 2022, it gradually rose to 6,216.24 Cr. in March 2023. This growth indicates the bank’s ability to generate higher interest income from its lending activities.
Moving on to other income, including non-interest revenue sources, we observe some quarter fluctuations. However, overall, this revenue stream has remained relatively stable. For instance, it ranged from 781.43 Cr. in June 2022 to 1,143.21 Cr. in December 2022. This suggests that the bank has been successful in maintaining a diversified revenue base.
YES Bank share price target 2024
| Quarter | YES Bank Quarterly Price Target 2024 |
|---|---|
| Q1 2024 | ₹26.15 |
| Q2 2024 | ₹29.35 |
| Q3 2024 | ₹32.00 |
| Q4 2024 | ₹35.00 |
When it comes to operating expenses, including administrative and operational costs, YES Bank has experienced a gradual increase over the quarters. This indicates the bank’s ongoing investment in its infrastructure and services to support its operations and growth. For instance, expenses rose from 1,926.94 Cr. in March 2022 to 2,298.69 Cr. in March 2023. This gradual increase indicates better numbers for the bank even in 2024, as the banking activity has increased quite a lot after 2022.
Looking at the current expansion status of the Bank, we can expect the share price of YES Bank to be in the range of ₹ 26.15 to ₹35.
YES Bank share price target 2025
| Quarter | YES Bank Quarterly Price Target 2025 |
|---|---|
| Q1 2025 | ₹38 |
| Q2 2025 | ₹41 |
| Q3 2025 | ₹44.55 |
| Q4 2025 | ₹47.15 |
As per Gann levels, the share price target for Yes Bank in 2025 is ₹38 as the minimum target and ₹47.15 as the maximum target.
Looking at the total provisions, which account for bad loans and contingencies, we observe some variability throughout the quarters. The figures ranged from 174.73 Cr. in June 2022 to 844.75 Cr. in December 2022. It is noteworthy that provisions decreased in the last quarter, suggesting a relatively healthier loan portfolio.
As the Banks Bad loan are decreasing, by year 2025 the profitability will also rise. Loans are prime source of income for banks, and bad debt can affect their profitability.
YES Bank share price target 2026
| Quarter | YES Bank Quarterly Price Target 2026 |
|---|---|
| Q1 2026 | ₹51 |
| Q2 2026 | ₹54.50 |
| Q3 2026 | ₹59.30 |
| Q4 2026 | ₹62.20 |
The share price target for YES Bank for the year 2026 will be ₹51 as our minimum target, which can be achieved in the first quarter of 2026. The maximum price target will be ₹62.20, which can be achieved by Q4 of 2026.
To achieve its big targets for 2026, YES Bank needs to focus on making more money by carefully managing its interest expenses, controlling provisions (the money set aside for potential losses), and finding ways to reduce the cost-income ratio. By doing this, the bank can improve its profit margins and become more financially successful.
YES Bank share price target 2027
| Quarter | YES Bank Quarterly Price Target 2027 |
|---|---|
| Q1 2027 | ₹67.15 |
| Q2 2027 | ₹70.80 |
| Q3 2027 | ₹75.15 |
| Q4 2027 | ₹78.00 |
The expected price target for YES Bank in 2027 is in the range of ₹67.15 to ₹78.
Now, let’s shift our focus to asset quality. The net NPA (Non-Performing Assets) percentage, representing the proportion of bad loans in relation to total loans, has shown a declining trend. It decreased from 4.53% in March 2022 to 0.83% in March 2023. Similarly, the gross NPA percentage decreased from 13.93% to 2.17% during the same period. These figures indicate an improvement in the bank’s asset quality.
YES Bank has made progress in reducing its net and gross NPA percentages. To further improve asset quality, the bank should continue its diligent credit risk assessment and monitoring practices. Strengthening the loan recovery process and proactively addressing potential problem loans can contribute to a healthier loan portfolio. This will ensure that the Bank reaches new highs even in the 2027.
YES Bank share price target 2028
| Quarter | YES Bank Quarterly Price Target 2028 |
|---|---|
| Q1 2028 | ₹83.45 |
| Q2 2028 | ₹93 |
| Q3 2028 | ₹97 |
| Q4 2028 | ₹103.5 |
In the year 2028, the share price of YES Bank is expected to grow each quarter, and ₹103.5 will be the maximum target that will be achieved by the last quarter of 2028.
As the digital banking landscape continues to evolve, YES Bank can leverage technology to enhance customer experience, expand its digital banking offerings, and increase operational efficiency. Investing in digital infrastructure, developing user-friendly mobile banking apps, and embracing innovative digital payment solutions can position the bank for future growth. This will make them future-proof for 2028.
YES Bank share price target 2029
| Quarter | YES Bank Quarterly Price Target 2029 |
|---|---|
| Q1 2029 | ₹113.25 |
| Q2 2029 | ₹117 |
| Q3 2029 | ₹124 |
| Q4 2029 | ₹129 |
To improve its performance in the coming years, YES Bank should focus on managing risks effectively. Risk management is crucial in the banking sector, and it plays a key role in the bank’s success.
The bank should prioritize and strengthen its risk management framework. This means developing a solid system to assess, monitor, and mitigate risks. By doing so, YES Bank can identify potential risks early on and take proactive measures to address them.
If the bank successfully improves its risk management ability, it will attract many new investors. Considering this, We can expect the share price of YES Bank to be between ₹113.25 to ₹129.
YES Bank share price target 2030
| Quarter | YES Bank Quarterly Price Target 2030 |
|---|---|
| Q1 2030 | 136 |
| Q2 2030 | 141 |
| Q3 2030 | 148 |
| Q4 2030 | 160 |
In the first quarter of 2030, YES Bank’s share price target can be expected to be around ₹136 as it is a Gann level. The Bank can reach targets of ₹160 by end of 2030.
Share Price Target for YES Bank 2023-2030
| Year | Minimum Price Target (₹) | Maximum Price Target (₹) |
|---|---|---|
| 2023 | ₹18 | ₹24 |
| 2024 | ₹26.15 | ₹35 |
| 2025 | ₹38 | ₹47.15 |
| 2026 | ₹51 | ₹62.20 |
| 2027 | ₹67.15 | ₹78 |
| 2028 | ₹83 | ₹103.5 |
| 2029 | ₹113.25 | ₹129 |
| 2030 | ₹136.55 | ₹160 |
The share price target of YES Bank looks very bullish for the coming years. As per our analysis, the Bank will reach ₹78 by 2027, and then in the next three years, the price is expected to double and reach ₹160 mark.
What is the financial performance of YES Bank?
YES Bank has shown mixed financial performance in recent quarters. While the bank has witnessed an increase in interest earned and other income, it has also experienced higher interest expenses and operating expenses. The bank’s provisions have varied over time, impacting its profitability.
YES Bank has made efforts to improve its asset quality by reducing its net and gross non-performing asset (NPA) percentages. However, the bank’s return on assets (ROA) and net profit margins (NPM) have fluctuated, indicating some challenges in generating consistent profits.
To enhance its performance, YES Bank should focus on diversifying its revenue streams, managing operating expenses effectively, and strengthening its risk management practices. Embracing digital transformation and maintaining a strong risk culture can also contribute to the bank’s long-term success.
Overall, YES Bank needs to address key areas such as revenue diversification, cost control, and risk management to improve its financial performance and ensure sustainable growth in the future.
Frequently Asked Questions
Is YES Bank raising funds?
YES Bank has been granted permission to borrow or raise funds in Indian or foreign currency, with a maximum limit of Rs 2,500 crore, through the issuance of debt securities. This approval allows the bank to access additional capital to support its operations and financial activities. By issuing debt securities, Yes Bank can attract investors and raise funds to meet its funding requirements.
Is YES Bank Stable?
Yes Bank has received a rating affirmation from Moody’s with a ‘stable’ outlook. The credit rating agency has maintained the bank’s long-term foreign currency issuer rating and the long-term deposit rating (both in local and foreign currency) at ‘Ba3’.
What are risks of investing in YES Bank?
YES Bank has shown a consistently low return on assets (ROA) and return on equity (ROE) over the past three years. The average ROA is -2.03% and the ROE stands at -25.65%. The bank has also experienced poor profit growth with a decline of -14.74% during this period which makes it a risky investment.
Final Thoughts
Based on the financial data from last few quarters, YES Bank has shown mixed performance. While the bank has demonstrated positive trends such as increasing interest income and efforts to improve asset quality, there are areas that require attention and improvement.
The rising competition in Banks and increasing interest of the public towards private banks ensures strong share price targets for YES Bank.
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