Yes bank Q4FY12 highlights - GEPL PDF link

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Yes bank Q4FY12 highlights - Traction in CASA ratio and flat margins to positively impact the stock

•  The bank reported growth of 33.6% Y-o-Y in PAT in Q4FY12 vs market expectation of        27% YoY .
•  Net Interest Income grew by 28.6% YoY in Q4FY12 vs expectation of 30% YoY.
•  NIM ha has remained stable sequentially at 2.8% in Q4FY12.
•  Non-interest income has grown by 42.6% YoY basis which is a positive indicator for the bank.
•   Advances have grown by 10.5% Y-o-Y in Q4FY12 vs expectation of 14%.
•  Deposits grew by 7% Y-o-Y in Q4FY12.
•  CASA ratio has grown to 15% in Q4FY12 vs 10.5% in Q4FY11. This is the positive catalyst for the bank.
•  Asset quality has remained flat YoY as well as sequentially. GNPA stood at 0.2% in Q4FY12 vs 0.2% in Q3FY12. We fell this should act as an positive catalyst for the stock. 

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