India’s No. 1 private sector bank, Yes Bank, has recently caused a stir on the stock market. The bank has recovered and experienced a steady rise in its share prices over the past several months after enduring a period of instability in its share prices due to a crisis in 2019. Many investors are pondering what the future holds for the share price of Yes Bank as they examine the bank’s financial performance and prospects. This article will provide a thorough study of Yes Bank’s share price objective by delving deeply into the bank’s financials, current happenings, and analyst projections.
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Contents
YES BANK IN RECENT NEWS
- In its latest financial report, YES Bank has recorded concerning figures with a negative cash flow margin of Rs. 96.23 crore. Additionally, the bank has experienced a significant deficit in cash from operations, amounting to Rs. 25,816.26 crore. These figures raise red flags and indicate potential financial challenges that the bank is currently facing.
- Yes Bank and the Startup Incubation and Innovation Centre (SIIC) at IIT Kanpur have joined hands to bolster India’s startup ecosystem. The collaboration aims to offer financial assistance to new entrepreneurs through grants, empowering them to secure funding from various sources and drive innovation in the startup community.
- In the first quarter update, YES Bank reported gross retail disbursements of Rs 11,357 crore, showing a decline compared to Rs 12,705 crore in the previous quarter and Rs 11,863 crore in the same quarter last year. This decrease in retail disbursements raises concerns about the bank’s retail lending activities and may require further examination to understand the underlying factors contributing to the decline.
- Yes Bank, a private sector lender, has revised the interest rates on fixed deposits below Rs. 2 crore. The new rates range from 3.25% to 7.00% for the general public and 3.75% to 7.75% for senior citizens, applicable for deposit periods ranging from 7 days to 10 years. For deposit terms of 18 to 36 months, the maximum interest rate is now 7.75% for the general public and 8.25% for seniors.
YES BANK SHARE PRICE TARGET 2023
| YES BANK SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| July 2023 | ₹17.47 | ₹13.44 |
| August 2023 | ₹19.22 | ₹14.79 |
| September 2023 | ₹20.18 | ₹15.52 |
| October 2023 | ₹19.22 | ₹14.79 |
| November 2023 | ₹21.14 | ₹16.26 |
| December 2023 | ₹23.68 | ₹18.22 |
Yes Bank’s share price is expected to experience a bullish uptrend throughout 2023. . By August, the share price is expected to reach a high of ₹19.22, marking a growth. This trend is predicted to continue into September and November, with the share price expected to reach highs of ₹20.18 and ₹21.14, respectively.
While there may be some minor dips along the way, the overall trend for Yes Bank’s share price in 2023 is positive, indicating significant growth potential. Investors and analysts will undoubtedly be keeping a close eye on Yes Bank’s financial performance over the next year, as the bank works to solidify its position in the market and maintain its growth trajectory.
YES BANK SHARE PRICE TARGET 2024
| YES BANK SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹24.93 | ₹19.07 |
| February 2024 | ₹28.01 | ₹23.34 |
| March 2024 | ₹29.48 | ₹23.97 |
| April 2024 | ₹26.80 | ₹20.62 |
| May 2024 | ₹22.33 | ₹17.18 |
| June 2024 | ₹26.80 | ₹20.62 |
| July 2024 | ₹22.78 | ₹17.66 |
| August 2024 | ₹25.06 | ₹19.89 |
| September 2024 | ₹26.31 | ₹20.24 |
| October 2024 | ₹30.96 | ₹23.81 |
| November 2024 | ₹32.50 | ₹25.00 |
| December 2024 | ₹33.15 | ₹25.50 |
It shows that the bank’s share price is likely to continue on an upward trajectory, albeit with some volatility along the way. The year is expected to start on a high note, with the share price predicted to reach a maximum of ₹24.93 in January. However, there is also a possibility of significant dips in the share price, as evidenced by the minimum price target of ₹19.07 in the same month.
Despite these fluctuations, the share price is expected to recover and continue growing throughout the year. By the end of the year, the share price is predicted to reach a high of ₹33.15, indicating strong growth potential. Investors will need to keep a close eye on the market and be prepared for some volatility, but the overall trend for Yes Bank’s share price in 2024 is promising.
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YES BANK SHARE PRICE TARGET 2025
| YES BANK SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹33.82 | ₹26.01 |
| February 2025 | ₹35.60 | ₹27.38 |
| March 2025 | ₹37.38 | ₹28.75 |
| April 2025 | ₹33.37 | ₹25.67 |
| May 2025 | ₹30.34 | ₹23.34 |
| June 2025 | ₹33.37 | ₹25.67 |
| July 2025 | ₹31.78 | ₹24.45 |
| August 2025 | ₹33.11 | ₹25.47 |
| September 2025 | ₹34.76 | ₹26.74 |
| October 2025 | ₹36.85 | ₹28.34 |
| November 2025 | ₹39.43 | ₹30.33 |
| December 2025 | ₹40.22 | ₹30.93 |
It shows that the bank’s share price is expected to continue on a steady upward trend, with strong growth potential throughout the year. The year is expected to start on a positive note, with the share price predicted to reach a maximum of ₹33.82 in January, which is expected to continue growing steadily throughout the year. Although there may be some fluctuations in the share price, the overall trend is bullish.
The minimum price target for the year is ₹23.34 in May, which indicates a relatively low level of volatility in the share price. By the end of the year, the share price is predicted to reach a high of ₹40.22, indicating a strong growth potential for Yes Bank’s share price in 2025. Investors may see this year as a good opportunity to invest in the bank’s shares and reap the benefits of its upward trend.
YES BANK SHARE PRICE TARGET 2026 TO 2030
| YES BANK SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹28.15 | ₹19.71 |
| 2027 | ₹23.93 | ₹16.75 |
| 2028 | ₹43.07 | ₹30.15 |
| 2029 | ₹88.47 | ₹61.93 |
| 2030 | ₹98.53 | ₹68.97 |
In 2026, the share price is expected to reach a maximum of ₹28.15 and a minimum of ₹19.71. This indicates that the bank’s shares are expected to experience a moderate level of volatility in the upcoming year. However, the trend is still upward, which could be encouraging for investors.
Looking ahead, the share price is expected to continue to rise steadily in the years to come. In 2027, the predicted maximum and minimum prices are ₹23.93 and ₹16.75, respectively. This suggests that although the share price may fluctuate, the overall trend remains bullish.
By 2028, the share price is predicted to reach a maximum of ₹43.07 and a minimum of ₹30.15, indicating a significant growth potential. In 2029, the maximum price prediction reaches ₹88.47, which shows that there is a strong possibility of a substantial increase in share prices.
Finally, in 2030, the maximum price prediction is ₹98.53, which is the highest predicted value in this period. This indicates that the upward trend in Yes Bank’s share price is expected to continue, and investors may see this as a potential opportunity for long-term investments.
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FINANCIAL STRENGTH OF YES BANK (2019 TO 2023)
| Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Revenue | 29,624 | 26,052 | 20,039 | 19,019 | 22,702 |
| Interest | 19,811 | 19,258 | 12,611 | 12,528 | 14,800 |
| Expenses + | 11,834 | 39,246 | 14,937 | 8,058 | 10,612 |
| Financing Profit | -2,021 | -32,452 | -7,509 | -1,568 | -2,710 |
| Financing Margin % | -7% | -125% | -37% | -8% | -12% |
| Other Income + | 4,675 | 11,956 | 3,107 | 3,405 | 4,125 |
| Depreciation | 305 | 342 | 360 | 403 | 433 |
| Profit before tax | 2,349 | -20,838 | -4,762 | 1,434 | 981 |
| Tax % | 27% | 21% | 27% | 26% | 25% |
| Net Profit + | 1,709 | -16,433 | -3,489 | 1,064 | 736 |
| EPS in Rs | 7.38 | -13.09 | -1.39 | 0.42 | 0.26 |
| Dividend Payout % | 27% | 0% | 0% | 0% | 0% |
- Revenue Fluctuations: The revenue figures have varied significantly over the years, starting at Rs. 29,624 crore in March 2019, reaching its lowest point at Rs. 19,019 crore in March 2021, and then recovering to Rs. 22,702 crore in March 2023.
- Interest Income Trends: The interest income has shown some fluctuations but generally remained relatively stable over the years, with a range of Rs. 12,528 crore to Rs. 19,811 crore.
- Challenges with Expenses: The bank faced substantial challenges in managing its expenses, as evident from the sharp increase in expenses in March 2020 and a subsequent decline in the following years. This trend highlights the need for cost optimization.
- Negative Financing Profit: YES Bank experienced negative financing profit in March 2020 and March 2022, indicating periods of financial strain and difficulties in generating profits from its core lending activities.
- Other Income Contribution: Other income, which includes sources beyond traditional banking activities, showed substantial growth over the years, contributing positively to the bank’s overall performance.
- Profit Before Tax Recovery: The bank’s profit before tax rebounded from a significant loss in March 2020 to a positive figure in March 2023, indicating efforts to improve financial performance and control losses.
- Tax Efficiency: YES Bank managed to control its tax percentage in most years, maintaining it within a reasonable range of 21% to 27%.
- Dividend Payout Changes: The dividend payout percentage dropped to zero from March 2020 onwards, reflecting the bank’s decision to retain profits for internal strengthening and potential future investments.
In conclusion, the financial performance of YES Bank during the analyzed period has been marked by challenges and improvements. While revenue fluctuations and high expenses posed difficulties, the bank managed to recover and generate positive profits in recent years. The increase in other income and controlled tax percentages indicate efforts to diversify revenue streams and enhance tax efficiency. The bank’s decision to forgo dividend payouts reflects its focus on internal stability and growth. To ensure sustained progress, YES Bank needs to continue its efforts in cost management, diversify income sources, and maintain a strong focus on profitability.
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FAQ’s
The maximum share price target of Yes Bank in 2025 is Rs 40.22
The maximum share price target of Yes Bank in 2029 is Rs.88.47
The maximum share price target of Yes Bank in 2030 is Rs. 98.53
YES BANK SHARE PRICE TARGET BY EXPERTS:
- ICICI Securities has reiterated its “reduce” rating on Yes Bank, with a target price of INR 14.00.(2023-06-09)
- Morgan Stanley has reaffirmed its “underweight” rating for Yes Bank and set a price target of INR 18.10.(2023-06-09)
CONCLUSION: YES BANK SHARE PRICE
Based on the provided information regarding the P/E (Price-to-Earnings) ratio, expert advice, and profit data for Yes Bank, the bank’s performance appears to be facing challenges.
The fact that ICICI Securities has reiterated its “reduce” rating on Yes Bank and set a relatively low target price of INR 14.00 suggests that they have reservations about the bank’s growth prospects and consider its current stock price to be overvalued in relation to its earnings.
Similarly, Morgan Stanley’s reaffirmed “underweight” rating for Yes Bank, coupled with a price target of INR 18.10, further indicates caution about the bank’s financial health and potential for future profitability.
Additionally, the bank’s financial data shows fluctuating profits over the years, with a significant loss in March 2020, which might raise concerns among investors and stakeholders.
In conclusion, Yes Bank’s performance is currently facing skepticism and challenges, as reflected by expert advice and its profit data. Investors and stakeholders should exercise caution and conduct thorough analysis before making decisions related to the bank’s stock, considering its P/E ratio and profitability trends. It is essential for the bank to address the underlying issues and demonstrate sustainable growth to regain investor confidence and improve its overall performance in the market.
Suhani Bhat, a student of Hansraj college, is a finance writer who takes deep interest in stock market, mutual funds, and other financial news. She writes for multiple finance blogs, including Financegradeup.com. Other than English, she also speaks Hindi.