YES Bank Q4 earnings on Thursday; here's what to expect

Brokerage firm Prabhudas Lilladher has projected 28.30 per cent rise in net profit at Rs 1,173.20 crore.

BCCL
The stock traded 0.02 per cent down at Rs 323.35 on Wednesday at around 02.12 pm.
Private sector lender YES Bank is likely to register solid financial numbers for the March quarter on expectations of strong loan growth.

Asset quality is likely to remain stable. The quarterly data are due on Thursday.

Brokerage firm Prabhudas Lilladher has projected 28.30 per cent rise in net profit at Rs 1,173.20 crore in Q4 FY18, from Rs 914.10 crore last year. Net interest margin (NII) and pre-provision operating profit (PPOP) may jump 29 per cent and 27.50 per cent, respectively, year-on-year.


Sharekhan expects a yearly growth of 19.40 per cent, 30.60 per cent and 20.20 per cent in net profit, NII and PPOP, respectively, for the period under review. Asset quality and quantum of loans rescheduled under the 5:25 scheme or sale to ARCs will be key things to watch out for, it suggested.

“We expect NIM to improve yoy, helped by lower cost of funds on account of CASA inflows and re-pricing of bulk deposits. Consequently, NII growth is expected to be healthy at 26 per cent, one of the best among peers,” Motilal Oswal said in a report.

The stock traded 0.02 per cent down at Rs 323.35 on Wednesday at around 02.12 pm.
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