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1018.40 INR
P/E
11.10
EPS
91.86
Yield
1.49%
Safety Score
42
P/B
1.59
ROE
15.68
Beta
0.30
Target Price
1206.79 INR
State Bank of India logo

State Bank of India

🧾 Earnings Recap – Q3 2026

State Bank of India's Q3 FY '26 results showcased robust growth, achieving a record net profit of INR 21,028 crores—up 24.49% year-on-year—driven by strong operational performance and improved asset quality.

  • Total business crossed INR 103 trillion, underlining customer confidence and trust in the bank.
  • Net interest income rose to INR 45,190 crores, reflecting a year-on-year increase of 9%, with a domestic NIM of 3.12%.
  • Strong credit growth of 15.14% year-on-year, supported by robust performance across retail, agriculture, and corporate segments.
  • Gross NPAs improved to 1.57%, while net NPAs fell to 0.39%, highlighting ongoing asset quality improvements and disciplined credit practices.
  • Capital adequacy ratio strengthened to 14.04%, exceeding regulatory requirements and positioning the bank well for future growth.
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Key Metrics
Earnings dateMay 15, 2026
P/E11.10
EPS91.86
Book Value641.36
Price to Book1.59
% Insiders56.920%
Growth
Revenue Growth0.15%
Earnings Growth0.09%
Estimates
Forward P/E11.00
Forward EPS92.70
Target Mean Price1206.79
Dividend
Dividend Yield1.49%
Annual dividends15.90 INR
Ex-Div. DateMay 16, 2025
Payout17.33%
5y avg Yield1.39%

DCF Valuation

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Currency: INR
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DCF Result

Fair Value (DCF)
Current Price
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Terminal PV
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Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

State Bank of India Logo State Bank of India Analysis (SBIN.NS)

India Financials Official Website Stock

Is State Bank of India a good investment? State Bank of India (SBIN.NS) is currently trading at 1018.40 INR. Market analysts have a consensus price target of 1206.79 INR. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 11.10. This relatively low multiple may signal that State Bank of India is undervalued compared to historical market norms.

Earnings Schedule: State Bank of India is expected to release its next earnings report on May 15, 2026. The market consensus estimate for Forward EPS is 92.70.

For income investors, State Bank of India pays a dividend yield of 1.49%. With a payout ratio of 17%, the dividend appears sustainable.

Investor FAQ

Does State Bank of India pay a dividend?

Yes, it pays an annual dividend of 15.90 INR (1.49% yield).

What asset class is State Bank of India?

State Bank of India is classified as a Stock. You can compare it against 2 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be May 15, 2026. The company currently has a trailing EPS of 91.86.

Company Profile

State Bank of India provides banking products and services in India and internationally. It operates through the Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business segments. The company 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 policies, 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. It 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, the company offers NRI services, including accounts, investments, loans, and remittances; agricultural banking services; and international banking services. Further, it provides life and general insurance; estate planning services; merchant banking and advisory; securities broking; trusteeship service; factoring; payment solution; asset management; portfolio and investment management; credit cards; and custody and fund accounting services. State Bank of India was founded in 1806 and is headquartered in Mumbai, India.

Exchange Ticker
BSE (India) SBIN.BO
NSI (India) SBIN.NS
Dividend Yield

1.49% (5y avg: 1.39%)

Annual Dividends

15.90 INR

Next ex. div date

May 16, 2025

Payout Ratio

17.33%

Historical Dividends
Year Total Dividends
2026 15.90 INR
2025 15.90 INR
2024 13.70 INR
2023 11.30 INR
2022 7.10 INR
2021 4.00 INR
2017 2.60 INR
2016 2.60 INR
2015 3.50 INR
2014 30.00 INR
2013 41.50 INR
2012 35.00 INR
2011 30.00 INR
2010 30.00 INR
2009 29.00 INR
2008 21.50 INR
2007 14.00 INR
2006 14.00 INR
2005 12.50 INR
2004 11.00 INR
2003 8.50 INR
2002 6.00 INR
2001 5.00 INR
2000 5.00 INR
1999 4.00 INR
1998 4.00 INR
1997 4.00 INR
1996 3.50 INR

Yearly aggregated dividends

Dividends

State Bank of India
May 30, 2025 Paid
Dividend
15.9 INR

Historical Split Corporate Actions

Split Date Split Ratio to 1
Nov. 20, 2014 10.000000
Jan. 28, 2008 1.060000
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