Yes Bank's stock surged by 8% on Friday, reaching a new 52-week high of ₹24.30 and marking its potential for the biggest weekly gain since May. This rally is fueled by positive investor sentiment following Sumitomo Mitsui Banking Corporation's (SMBC) stake acquisition and anticipation of the bank's Q2 FY26 results.

The stock has demonstrated strong performance recently, gaining 16% in the last nine sessions alone. Over the past six weeks, it has zoomed nearly 30%, and it has rallied more than 52% from its 52-week low of ₹16.02, hit seven months ago. On Friday, the stock commanded a total market capitalization of more than Rs 76,250 crore.

Trading volumes for Yes Bank have also seen a significant increase, jumping over threefold, with 377 million equity shares changing hands on NSE and BSE. This represents approximately 1% of Yes Bank's total equity.

Several factors are contributing to this positive momentum. SMBC's acquisition of a 24.22% stake in Yes Bank in September 2025 from a host of lenders, including SBI, HDFC Bank, Federal Bank, Bandhan Bank and CA Basque Investments, has instilled confidence in the bank's future. The Japanese firm holds 759.51 crore shares in the lender.

Investors are also looking forward to the bank's Q2 results, which will be announced on October 18, 2025. The board of directors will meet to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025.

YES Bank has reported growth in loans and deposits for the September 2025 quarter. Loans and advances rose 3.9% QoQ to ₹2,50,586 crore, while total deposits jumped 7.9% YoY to ₹2,96,831 crore. According to ICICI Securities, Yes Bank is expected to report a net interest income (NII) of ₹2,294.9 crore, up 4.3% YoY but down 3.2% QoQ, with net interest margins (NIMs) remaining largely stable at 2.43%. Anand Rathi Share & Stock Brokers expects YES Bank's NIIs to come in at ₹2,325.1 crore, up 5.7% YoY, but down 2% QoQ. Net profit is pegged at ₹798.9 crore, up 44.5% YoY, but flat sequentially.

The stock is currently trading above its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a robust upward trend. Over the past year, Yes Bank has shown a performance increase of 11.29%, significantly outpacing the Sensex.

While some analysts have a 'hold' or 'sell' rating on the stock, the recent surge indicates positive investor sentiment. Investment in Yes Bank Ltd Shares on INDmoney has grown by 33.09% over the past 30 days, indicating increased transactional activity. Search interest for Yes Bank Ltd Stock has increased by 22% in the last 30 days, reflecting an upward trend in search activity.