Yes Bank is an Indian bank that offers financial services such as personal banking, corporate banking & internet banking services. They offer accounts, deposits, credit cards, home loans, personal loans, etc. It was founded by Rana Kapoor and Ashok Kapur in 2004.
In the year 2020, the Reserve Bank of India took over the company to avoid its collapse and named the State Bank of India’s former CFO as Yes Bank’s managing director. They also reconstructed the whole board. Currently, the State Bank of India has a 30% stake in the company’s which makes it an associate company.
Yes Bank Share Price Details
Yes Bank has three subsidiaries – YES Securities (India) Limited, YES Trustee Limited, and YES Asset Management (India) Limited. Yes Bank acquired over 24.19% stake in Dish TV, India’s largest direct-to-home (DTH) company in terms of subscribers, on 30 May 2020.
Yes Bank is listed on the Bombay Stock Exchange and the National Stock Exchange of India. It also has its bonds listed on the London Stock Exchange. In September 2020, ICRA upgraded its ratings on securities issued by Yes Bank Ltd which regained public confidence in the company.
Yes Bank shares are currently trading at ₹16.50 per share as of November 6, 2022, Let us now look into the predicted share price targets for the below mentioned years.
Yes Bank Share Price Target – 2023 & 2024
According to our chart analysis what we found is Yes bank share wouldn’t exceed ₹15 this year 2022, due to drastic market fall.
Yes Bank share price in 2023 could be around ₹20 as 1st target and the 2nd target could be around ₹22.
Affirming the analysis done by stock market experts and the economic condition of Yes Bank, the target price of Yes Bank in 2023 can be around Rs 20 and the second share target could be somewhere around ₹22. Yes Bank share is a risky stock as of now, however, Yes Bank is trying its best for revival. The Debt equity ratio of the bank is also decreasing and profit is also increasing.
The current price of Yes Bank shares is around 12 rupees. With the Bank’s fundamentals now changing, It’s decreasing the loss and expanding its business very fast. We can expect the business to start showing profits soon within 1-2 years, a few positive events could change the direction of the stock, but whether those events will ever occur or not — it is difficult to say, especially if you closely observe the results and management commentary around quarter-end results.
Yes Bank Share Price Target – 2026
Yes Bank share price in 2026 could be around ₹85
Long-term shareholders of the Yes bank stock could expect good returns in the distant future as the bank is currently giving more retail loans than corporate loans. Yes Bank’s first target in 2026 is ₹85 and the second target is expected to be ₹89.
All of the bank’s performances in such a far point in time depend upon the actions of the Reserve Bank of India. The fundamental analysis never includes future business & execution plans. An indication of future working is indicated when it repaid 5000 cr to SBI in a short span of time.
Yes Bank shares can also reach Rs 100. But this may take a long time. Many retail investors are showing their trust in Yes Bank.
Yes Bank Share Price Target – 2030
Yes Bank share price in 2030 could be around ₹150 and the second target could be ₹160
Post reconstruction, the bank seems to be going in the right direction and doing all the right things to be a righteous as well as a successful bank. The management is working very hard to turn things around in a good way for the future of the bank.
The bank continues its efforts to build a strong future with the contribution of retail advances compared to total advances. Yes bank has been adapting to digitalization very well as In October 2017, the bank launched a digital wallet known as Yes Pay, integrating with BHIM and UPI.
On 3 November 2017, Yes Bank signed an MoU with the government to provide ₹1,000 crores (equivalent to ₹12 billion or US$160 million in 2020) financing for food processing projects. We expect the Yes bank price target to be around Rs 400 by the year 2030. The focus with respect to corporate advances is to keep the working capital of the company high and the NPA at a low rate.
| Year | 1st Share Price Target | 2nd Share Price Target |
|---|---|---|
| 2023 | 20 | 22 |
| 2024 | 30 | 35 |
| 2025 | 65 | 72 |
| 2026 | 85 | 89 |
| 2027 | 99 | 103 |
| 2028 | 120 | 124 |
| 2029 | 135 | 138 |
| 2030 | 150 | 160 |
Yes Bank Ltd. Stock Analysis
Share Price Details
| Parameter | Value |
|---|---|
| Current Share Price | ₹18.35 |
| Today’s High | ₹18.95 |
| Today’s Low | ₹18.30 |
| 52 Week High | ₹24.75 |
| 52 Week Low | ₹14.40 |
Company Essentials:
| Parameter | Value |
|---|---|
| Market Cap | ₹52,768.74 Cr. |
| Number of Shares | 2,875.68 Cr. |
| P/E Ratio | 70.41 |
| P/B Ratio | 1.31 |
| Dividend Yield | 0% |
| Book Value (TTM) | ₹13.98 |
| Net Interest Income | ₹7,917.57 Cr. |
| Cost to Income % | 73.13 |
| Promoter Holding | 0% |
| EPS (TTM) | ₹0.26 |
| CAR % | 17.9 |
| ROE | 1.95% |
| ROCE | 5.03% |
| Profit Growth | -32.71% |
Analysis
- The stock price may face volatility due to its ownership structure.
- The stock is currently at a premium valuation.
- The company appears to be inefficient in terms of asset management.
- Financially, the company seems weak and might struggle in adverse conditions.
Strengths
- The company has a good Capital Adequacy Ratio of 17.90%.
- The company has shown a profit growth of 26.90% over the past 3 years.
Limitations
- The bank has a very low ROA track record with an average ROA of 3 years being -0.24%.
- CASA Growth is at -0.36% YoY, which is very low.
- The company has a low ROE of -2.49% over the last 3 years.
- The bank has a high NPA with an average NPA of the last 3 years standing at 3.75%.
- The company has a high Cost to Income ratio of 73.13%.
- The company has shown poor income growth of -4.51% over the past 3 years.
Quarterly Results
- The company’s net profit for June 2023 is ₹342.52 Cr.
- The Gross NPA % for June 2023 is 2%.
Future Predictions
Given the current financial data and the strengths and limitations of Yes Bank, it’s evident that the bank has faced challenges in the past, especially with its high NPA and low ROA. The stock is currently at a premium valuation, which might not be justified given its financial health. However, the bank has shown some positive signs like a good Capital Adequacy Ratio and profit growth over the past 3 years.
While the bank has made efforts to improve its financial health, it’s essential to be cautious. The future share price will largely depend on how the bank manages its NPA, improves its ROA, and sustains its profit growth. Investors should keep a close watch on the bank’s quarterly results, any strategic decisions made by the management, and the overall economic environment.
Conclusion
YES Bank as a fundamentally strong company has been going through the reconstruction phase, and it is impractical to expect any company going through this phase to emerge successfully without taking time for it. This is also the case with yes bank, we expect it to emerge successfully but it will take its own due course.
Things to take away for the good is that the board of directors have been working hard towards shifting the momentum of the bank.
Is Yes Bank stock a good buy?
It depends on the fundamentals and Quarterly results, by looking at those aspects you can consider a long-term buy
Does Yes Bank have a future?
Yes, the Yes Bank will be expanding more in future, currently it has strong government support to be in the banking sector, after the crisis.
Can Yes Bank ever recover?
Prices keep fluctuating, and in the longer bull run definitely, the price will recover
Should be close to 23.50 by Dec,sure.hv been holding and accumulating for 5 years now.my price 17.62 now
Abhi perfact time hai share purches ka..and 2030 tak wait karna hai…bas
Good Analysis
I was doing fundamental analysis and understanding the story behind Yes bank, what i got to know is that, Yes bank is supported by major of government banks like SBI, and also even private banks like Axis bank, icici bank etc, they have already raised a fund of ₹1200 Cr, to recover the losses, this stock will definitely boom in next bull market.
The share price of Yes Bank rose Rs. 15-16 from Rs. 12-13 perhaps reflecting the very very hard work done by the management for last 3 year. Since, it’s not clear that the rise in share price in 3 year is either due to the resultant of very very hard work or due to the agents, operator and sponsored news / interviews in the news channel.
But, one can expect the share will rise at the rate of 4% per annum which is the interest rate of SBI in Saving Account as the tenure of CEO increased for further 3 years.
Yes Bank will be a good investment stock. OPPORTUNITY TO BUY MORE SHARE.
I was expecting the share price of yes bank to hit Rs.20, by the end of year 2022, but doesn’t seem like happening because of this macro environment, global market is weak, hopefully things will be normal in few months.
Yes bank could have achieved these target at least 2023 targets in this year only, but these market spoiled all my expectation, this bear market factors, increasing oil prices due to Russia-Ukraine war, inflation etc. I hope things will go normal soon, Praying that we shouldn’t face the recession.
Your prediction is right
This article helped me to know more about Yes Bank and its share price. Content is good. Was so helpful.
Thanks for sharing this detailed analysis on yes bank share price targets, I wanted to know 2022 and 2023 targets.
Just my thought , even I have analyzed the yes back chart, i could say that in 2023 this yes bank stock could achieve a target price of Rs.19, only if there are no external bear forces, if the market sentiments are normal or bull market.
I hope this yes bank share price targets are nearly accurate, since i have betted on this stock since long time