State Bank of India Share Price

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SBIN •
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Stock Performance
52 Week Low - High
Today’s Low - High

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Total Traded Value

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Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
44.05% Gain from 52W Low
5
TTM PE Ratio
Above industry Median
10.7
Price to Book Ratio
Above industry Median
2
Dividend yield 1yr %
Below industry Median
1.6
TTM PEG Ratio
PEG TTM is much higher than 1
3.3

State Bank of India Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

State Bank of India Quarterly Revenue

Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
121044.68 Cr
118242.45 Cr
117469.38 Cr
112868.34 Cr
107390.78 Cr

State Bank of India Yearly Revenue

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
594574.9 Cr
473378.14 Cr
406973.09 Cr
385337.89 Cr
368010.65 Cr

State Bank of India Quarterly Net Profit/Loss

Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
20219.62 Cr
19680.8 Cr
21736.47 Cr
11282.66 Cr
16383.18 Cr

State Bank of India Yearly Net Profit/Loss

State Bank of India Result Highlights
  • SBI’s net revenues (net interest income plus other income) increased by 8% quarter-on-quarter (QoQ) during the quarter ended Sept (Q2FY25). On a year-on-year (YoY) basis, it witnessed a growth of 14%.
  • Its expenses for the quarter were up by 8% QoQ and YoY.
  • The bank’s net profit grew 3% QoQ and 23% YoY.
  • The earnings per share (EPS) of SBI stood at 22.2 during Q2FY25.

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Data Source: BSE, Company announcements

The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results.

State Bank of India shareholding Pattern

Promoter
57.51%
Foreign Institutions
10.71%
Mutual Funds
11.46%
Domestic Institutions
24.1%
Public
7.67%
Promoter
57.54%
Foreign Institutions
11.15%
Mutual Funds
11.12%
Domestic Institutions
23.64%
Public
7.67%
Promoter
57.54%
Foreign Institutions
11.09%
Mutual Funds
11.61%
Domestic Institutions
23.99%
Public
7.37%
Promoter
57.49%
Foreign Institutions
10.91%
Mutual Funds
11.75%
Domestic Institutions
24.18%
Public
7.4%
Promoter
57.49%
Foreign Institutions
10.72%
Mutual Funds
11.98%
Domestic Institutions
24.39%
Public
7.41%
Promoter
57.47%
Foreign Institutions
10.36%
Mutual Funds
12.54%
Domestic Institutions
24.86%
Public
7.3%

State Bank of India Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
847.50
10Day EMA
839.40
12Day EMA
837.40
20Day EMA
831.50
26Day EMA
828.30
50Day EMA
821.30
100Day EMA
814.10
200Day EMA
785.50
5Day SMA
845.60
10Day SMA
834.30
20Day SMA
832.70
30Day SMA
824.10
50Day SMA
814.10
100Day SMA
819.40
150Day SMA
823.40
200Day SMA
807.80
Delivery & Volume

Delivery & Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume
Day Rs
5206391 Rs
11429264 Rs
Week Rs
5259185 Rs
11412190 Rs
Month Rs
6372554 Rs
15671392 Rs
Resistance & Support
858.00
Pivot
Resistance
First Resistance
865.70
Second Resistance
871.70
Third Resistance
879.40
Support
First Support
852
Second support
844.30
Third Support
838.30
Relative Strength Index
61.23
Money Flow Index
52.46
MACD
9.06
MACD Signal
6.11
Average True Range
19.24
Average Directional Index
12.50
Rate of Change (21)
4.69
Rate of Change (125)
10.90

State Bank of India Company background

Founded in: 1955
Managing director: Challa Sreenivasulu Setty

The State Bank of India (SBI) is a cornerstone of the Indian banking sector, with a rich history and a robust presence both domestically and internationally. Established on July 1, 1955, following the nationalisation of the Imperial Bank of India, SBI has evolved into a leading multinational public sector bank. Headquartered in Mumbai, SBI offers a diverse range of financial products and services to individuals, businesses, and institutions.

SBI's inception can be traced back to the nationalisation of the Imperial Bank of India in 1955, with the Reserve Bank of India acquiring a 60% stake. Since then, SBI has grown exponentially, becoming a pivotal player in India's financial landscape. The bank operates across four primary segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business. Each segment caters to different customer needs, from personal banking to large corporate financing.

SBI boasts an extensive global footprint with over 22,405 branches and 65,627 ATMs as of March 2023. The bank's international operations span 30 countries with 227 overseas offices. This vast network enables SBI to provide seamless banking services to its customers worldwide. Notably, SBI has established offshore banking units in strategic locations such as the Bahamas, Bahrain, and Singapore.

SBI offers a comprehensive suite of financial products and services:

  • Retail Banking: Personal loans, home loans, auto loans, and savings accounts.
  • Corporate Banking: Lending services for large corporates and SMEs.
  • Treasury Operations: Investment portfolios and foreign exchange trading.
  • Insurance Services: Through its subsidiary SBI Life Insurance Company.
  • Digital Banking: Online banking solutions including e-tax payments and instant fund transfers.

SBI has consistently embraced technological advancements to enhance customer experience. The bank introduced several digital initiatives such as SBI e-tax for online tax payments and centralised pension processing. In recent years, SBI has focused on expanding its digital footprint by launching virtual debit cards and smart prepaid cards.

Latest quarterly results (Q1FY25)

The State Bank of India (SBI) reported its financial performance for the first quarter of the fiscal year 2025 (Q1FY25), showcasing a marginal increase in net profit and robust credit growth. Here are the key highlights from the latest quarterly results:

  • Net Profit: SBI's net profit for Q1FY25 stood at ₹17,035 crore, marking a 0.89% increase compared to ₹16,884 crore in the same quarter of the previous year.
  • Operating Profit: The operating profit for Q1FY25 was ₹26,449 crore, reflecting a 4.55% year-on-year growth.
  • Net Interest Income (NII): The NII for the quarter amounted to ₹41,125 crore, up by 5.71% from ₹38,905 crore in Q1FY24.
  • Net Interest Margin (NIM): The whole bank NIM was reported at 3.22%, while the domestic NIM was slightly higher at 3.35%.
  • Credit Growth: Gross advances surged by 15.39% year-on-year to ₹38,12,087 crore, driven by strong demand across segments.
  • Deposits: Total deposits increased by 8.18% year-on-year to ₹49,01,726 crore.
  • Asset Quality: The bank's asset quality improved with the gross NPA ratio at 2.21%, a reduction of 55 basis points from the previous year. The net NPA ratio also improved to 0.57%, down by 14 basis points year-on-year.
  • Provision Coverage Ratio (PCR): The PCR (including AUCA) stood at 91.76%, indicating a well-provided stressed book.
  • Capital Adequacy: SBI maintained a strong capital adequacy ratio of 13.86%, ensuring it is well-capitalized to support future growth.

These results reflect SBI's continued focus on maintaining strong financial health while expanding its credit portfolio and improving asset quality. Despite challenges such as increased loan loss provisions and declining other income due to revised investment classification frameworks, SBI has demonstrated resilience and adaptability in its operations.

In recent years, SBI has made significant strides in expanding its services:

  • Partnerships: Collaborations with companies like Amazon and PayPal to enhance digital payment solutions.
  • Insurance Stake Adjustments: Adjustments in stake holdings in SBI Life Insurance following regulatory changes.
  • Overseas Expansion: Opening new branches in strategic locations such as Khulna (Bangladesh) through its subsidiaries.

SBI is committed to contributing positively to society through various CSR initiatives. The bank focuses on education, healthcare, rural development, and environmental sustainability projects.

Outlook overview

The State Bank of India continues to be a dominant force in the banking industry with its expansive reach, diverse product offerings, and robust financial health. As it navigates the challenges of the modern banking landscape, SBI remains committed to innovation and customer satisfaction while maintaining its legacy as India's premier public sector bank.

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State Bank of India FAQs

State Bank of India shares are currently priced at 857.15 on NSE and 857.9 on BSE as of 12/4/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of State Bank of India [SBIN] share was 40.92. The State Bank of India [SBIN] share hit a 1-year low of Rs. 595.05 and a 1-year high of Rs. 912.

The market cap of State Bank of India is Rs. 767249.58 Cr. as of 12/4/2024 12:00:00 AM.

The PE ratios of State Bank of India is 10.89 as of 12/4/2024 12:00:00 AM.

The PB ratios of State Bank of India is 1.95 as of 12/4/2024 12:00:00 AM

The Mutual Fund Shareholding was 11.46% at the end of 12/4/2024 12:00:00 AM.

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