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Banks (Finance)

YES Bank Share Price Surges 8% After Japan's Sumitomo Group Acquires 20% Stake

Strategic Insights

— 2 min read

YES Bank's share price rallied 8.4% to an intra-day high of Rs 21.70 on the National Stock Exchange after Japan's Sumitomo Group, through its subsidiary Sumitomo Mitsui Banking Corporation (SMBC), acquired a 20% stake in the private lender. This significant cross-border investment in India's banking sector is the largest such investment in the sector. SMBC acquired a 13.19% stake in Yes Bank from State Bank of India and 6.8% from other bank shareholders like HDFC Bank, Axis Bank, Bandhan Bank, IDFC First Bank, Federal Bank, ICICI Bank, and Kotak Mahindra Bank. The Japanese company bought the shares at a price of Rs 21.50 per equity share, with a total consideration of around Rs 13,483 crore.

Key Takeaways:

  • YES Bank's share price increased by 8.4% to Rs 21.70 on the National Stock Exchange after Sumitomo Mitsui Banking Corporation (SMBC) acquired a 20% stake in the bank.
  • The acquisition is the largest cross-border investment in India's banking sector, with SMBC purchasing a 13.19% stake from State Bank of India and 6.8% from other bank shareholders.
  • SMBC acquired the shares at a price of Rs 21.50 per equity share, with a total consideration of around Rs 13,483 crore.
  • YES Bank reported a jump of 63.3% year-on-year in standalone net profit to Rs 738 crore in Q4FY25, with net interest income (NII) growing by 5.7% YoY to Rs 2,276.3 crore.
  • The bank's interest income stood at Rs 7,616 crore, up 2.3% YoY, while net non-performing assets (NPA) declined to 0.3%, from 0.5% in the previous quarter.
  • YES Bank's stock performance has risen 9.2% in the last five trading days, with a return of almost 17% in the past one month and 3.5% in the last six months.

Statistics:

  • YES Bank's share price increased by 8.4% to an intra-day high of Rs 21.70 on the National Stock Exchange.
  • Sumitomo Mitsui Banking Corporation (SMBC) acquired a 20% stake in YES Bank, with a total consideration of around Rs 13,483 crore.
  • YES Bank's net profit in Q4FY25 was Rs 738 crore, a 63.3% year-on-year increase.
  • The bank's net interest income (NII) grew by 5.7% YoY to Rs 2,276.3 crore in Q4FY25.
  • YES Bank's interest income stood at Rs 7,616 crore, up 2.3% YoY.

Sources:

  • State Bank of India (SBI) - "...we advise that the Executive Committee of the Central Board (ECCB) of the Bank in the meeting held on 9th May, 2025 has accorded approval to divest 413,44,04,897 equity shares of Yes Bank Limited (YBL), being equivalent to 13.19% (approx.) of YBL shares to Sumitomo Mitsui Banking Corporation (SMBC), at Rs 21.50 per equity share, for a consideration of Rs 8888,97,05,285 and paisa 50 only (Rs.8888.97 crores approx.)," said SBI in an exchange filing on May 09.
  • YES Bank's Q4 result - "YES Bank Q4 result: Bank reports 63.3% YoY jump in net profit to Rs 738 crore" (Contify.com)
  • IE Online Media Services Pvt. Ltd. - "Copyright 2025 IE Online Media Services Pvt. Ltd., distributed by Contify.com"

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