State Bank of India
- Market cap
- ₹ 8,83,384 Cr.
- P/E
- 10.5x
- P/B
- 1.5x
- 52-week range
- 917.7 – 1,234.7
- ROE
- 15%
- Dividend yield
- 1.8%
- Debt / equity
- 1.36
- Sector
- Banks
- Industry
- Public Sector Bank
- Listed on
- NSE, BSE
About
State Bank of India is an India-based banking and financial services provider. The Company is engaged in providing a wide range of products and services to individuals, commercial enterprises, corporates, public bodies and institutional customers. The Company has a digital platform, YONO 2.0, which is designed to reduce customer acquisition costs by a factor of ten compared to traditional banking methods. Its segments include Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business and Other Banking Business. The Treasury segment includes investment portfolios and trading in foreign exchange contracts and derivative contracts. The Corporate/Wholesale Banking segment comprises the lending activities of the corporate accounts group, the commercial client’s group and the stressed assets resolution group. The Retail Banking Segment is engaged in personal banking activities including lending activities to corporate customers having banking relations with its branches.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Public Sector Bank: 12 companies →State Bank of India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)10.5 against a typical 7: pricier than most peers (1st = cheapest).11th of 12
- Sales growth+8.4% against a typical +12.3% from a year earlier.10th of 12
- Profit growth+13.6% against a typical +23.7% from a year earlier.10th of 12
- Share price, 3 months−5.6% against a typical −5.1%.8th of 12
- Size₹ 8,83,384.4 Cr. market value against a typical ₹ 59,662.7 Cr. (1st = largest).1st of 11
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA+ by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | Withdrawn | Stable | 5 Oct 2026 |
| CARE | Withdrawn | Stable | 24 Jul 2026 |
| CRISIL | Crisil AA+ | Stable | 24 Jul 2026 |
| India Ratings | Withdrawn | Stable | 5 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 5 Oct 2026 | Withdrawn | was [ICRA]AAA | — | ICRA | ₹ 8,500 Cr. | |
| 24 Jul 2026 | Withdrawn | was CARE AAA | — | CARE | ₹ 1,12,692 Cr. | |
| 24 Jul 2026 | Reaffirmed | Crisil AA+ | — | CRISIL | ₹ 1,25,789.1 Cr. | |
| 5 Mar 2026 | Withdrawn | was Crisil AA+ | — | CRISIL | ₹ 1,28,789.1 Cr. | |
| 5 Mar 2026 | Withdrawn | was IND AAA | — | India Ratings | ₹ 1,31,474 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 3 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 7 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 18 Jun 2026 | Fund Raising | To consider Fund Raising |
| 12 May 2026 | Fund Raising | To consider long term fund raising in single / multiple tranches |
| 8 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend, if any |
| 7 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 4 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,07,391 | 1,12,868 | 1,17,469 | 1,18,242 | 1,21,045 | 1,24,654 | 1,26,840 | 1,25,729 | 1,28,040 | 1,30,386 | 1,31,080 | 1,36,240 |
| Interest | 62,955 | 68,092 | 70,644 | 71,701 | 73,619 | 77,397 | 78,227 | 78,266 | 78,002 | 78,783 | 79,953 | 82,248 |
| Expenses | 59,365 | 62,635 | 65,418 | 53,996 | 62,709 | 64,890 | 74,438 | 59,496 | 72,265 | 76,799 | 75,050 | 64,930 |
| Financing Profit | −14,930 | −17,858 | −18,593 | −7,455 | −15,283 | −17,634 | −25,825 | −12,034 | −22,227 | −25,196 | −23,923 | −10,938 |
| Financing Margin % | −14% | −16% | −16% | −6% | −13% | −14% | −20% | −10% | −17% | −19% | −18% | −8% |
| Other Income | 36,865 | 33,103 | 47,445 | 33,883 | 42,758 | 43,200 | 52,722 | 41,263 | 50,884 | 55,262 | 49,999 | 43,821 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 21,936 | 15,245 | 28,852 | 26,428 | 27,474 | 25,566 | 26,897 | 29,229 | 28,657 | 30,067 | 26,076 | 32,884 |
| Tax % | 25% | 26% | 25% | 26% | 26% | 25% | 26% | 26% | 25% | 27% | 23% | 25% |
| Net Profit | 16,648 | 11,598 | 22,203 | 20,094 | 20,565 | 19,484 | 20,379 | 22,121 | 21,861 | 22,176 | 20,508 | 25,121 |
| EPS in Rs | 18.04 | 12.4 | 23.96 | 21.65 | 22.17 | 21.12 | 21.96 | 23.76 | 22.9 | 23.09 | 21.28 | 26.12 |
| Gross NPA % | 2.5% | — | — | — | 2.1% | — | — | — | — | — | — | — |
| Net NPA % | 0.6% | — | — | — | 0.5% | — | — | — | — | — | — | — |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 9%
- 5 Years
- 13%
- 3 Years
- 14%
- TTM
- 6%
- 10 Years
- 21%
- 5 Years
- 30%
- 3 Years
- 14%
- TTM
- 6%
- 10 Years
- 15%
- 5 Years
- 21%
- 3 Years
- 23%
- TTM
- —
- 10 Years
- 11%
- 5 Years
- 16%
- 3 Years
- 17%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| State Bank of India | ₹ 956.80 | ₹ 8,83,384 Cr. | 10.5x | 1.5x | 15% | — |
| HDFC Bank | ₹ 692.10 | ₹ 10,66,990 Cr. | 14.3x | 1.9x | 0% | 0% |
| ICICI Bank | ₹ 1,395.00 | ₹ 10,01,336 Cr. | 18.7x | 2.7x | 0% | 0% |
| Union Bank of India | ₹ 178.50 | ₹ 1,36,260 Cr. | 7x | 1x | 0% | 0% |
| Punjab National Bank | ₹ 120.35 | ₹ 1,38,318 Cr. | 7.5x | 0.9x | 0% | 0% |
| Bank of Baroda | ₹ 231.00 | ₹ 1,22,758 Cr. | 6.2x | 0.7x | 0% | 0% |
Management
- Challa Sreenivasulu Setty
- Executive Chairman of the Board
- Sunil Ramgopal Agrawal
- Chief Financial Officer - Designate
- Ravi Ranjan
- Managing Director - Risk, Compliance and SARG, Executive Director
- Rama Mohan Rao Amara
- Managing Director - Retail Business and Operations, Executive Director
- Rana Ashutosh Kumar Singh
- Managing Director - International Banking, Global Markets and Technology, Executive Director
- Ashwini Kumar Tewari
- Managing Director - Corporate Banking and Subsidiaries, Executive Director
- Aruna Nitin Dak
- Deputy General Manager - Compliance, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.