State Bank of India share price

Key numbers

Market cap

₹ 9,07,370 Cr

Current price

₹ 983.00

52-week high / low

₹ 1,235 / 856

Stock P/E

10.5

Book value

₹ 673.8

Dividend yield

1.77%

ROCE

35.3%

ROE

15.2%

Debt to equity

1.22

Sales growth (3 yrs)

12.2%

Profit growth (3 yrs)

14.4%

1-year return

13.5%

About State Bank of India

State Bank of India provides banking products and services in India and internationally. The company operates through the Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business segments. It offers personal banking products and services, including current, savings, salary, and deposit accounts; home, personal, pension, auto, education, and gold loans, as well as loans against insurance property, and securities; debit, business debit, prepaid, and green remit cards; overdrafts; mutual funds, insurance, equity trading, portfolio investment schemes, remittance services; digital lending; and mobile, internet, and digital banking services. The company also provides corporate banking products and services comprising corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer and channel financing, equipment leasing, loan syndication, construction equipment loans, financing Indian firms' overseas subsidiaries or JVs, and cash management, as well as trade and service products. In addition, it offers NRI services, including accounts, investments, loans, and remittances; agricultural banking…

Quarterly results

Consolidated figures in ₹ crores

Concall summary (2026-08-13)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

• Operating Profit grew by 9.77% year -on-year, while our domestic Net Interest Margin remained resilient at 3%, reinforcing our confidence in maintaining our guidance for the financial year.
• Vishal Gupta- the bank has revised FY27 loan growth guidance to 13-15% from 12- 14% which segments- retail, SME, corporate or agriculture? -We have revised our corporate 14 -15% credit growth.

Growth & demand

• On the credit side, we launched MSME Dream, thro ugh which we extended our business rule engine to cover SME loans up to ₹10 crore from the earlier ₹5 crore, enabling faster credit decisions while maintaining underwriting discipline.
• Looking ahead, we will continue to focus on improving the quality of growth along with growth in volumes.

Margins & costs

• Our net profit reached a record ₹21,121 crore, supported by healthy operating performance and disciplined cost management.
• Our CASA franchise remains one of the strongest in the industry, providing a stable and cost -effective funding base.

Capex & expansion

• Customer adoption of the new YONO platform has been encouraging, with the digital acquisitions continuing to grow steadily.
• At the same time, we will continue to invest in technology, analytics and AI to ensure that SBI remains well- positioned to meet the evolving expectations of customers and the changing dynamics of the financial sector.

Balance sheet & cash

• So, like $6 billion also which we raised till date, it's like entirely leveraged.
• Overall, if you include the undisbursed term loans , unutilized working capital and pipeline, it exceeds ₹9 lakh crore.

Peers in Banks - Regional

• HDFC Bank Limited
• ICICI Bank Limited
• Kotak Mahindra Bank Limited
• Axis Bank Limited
• Union Bank of India
• Punjab National Bank
• Bank of Baroda Limited
• Canara Bank
• Indian Bank
• IDBI Bank Limited