🔔 Legal Issues Alert
SBI directed to waive Rs 14.30 lakh home loan and pay Rs 75,000 compensation to deceased borrower's wife by NCDRC.
State Bank of India Analyst Rating
based on 41 analysts
73.17%
Buy
14.63%
Hold
12.20%
Sell
Based on 41 analysts offering long term price targets for State Bank of India. An average target of ₹957.88
Source: S&P Global Market Intelligence
State Bank of India Share analysis
State Bank of India price forecast by 41 analysts
Upside of14.84%
High
₹1102
Target
₹957.88
Low
₹690
State Bank of India target price ₹957.88, a slight upside of 14.84% compared to current price of ₹838.85. According to 41 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
State Bank of India revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
State Bank of India EPS growth forecast
EPS estimate Q1, FY2026:10.80%
Forecast
Actual
Source: S&P Global Market Intelligence
State Bank of India Performance
Day's Low
Day's High
₹830.5₹845.852 Week's Low
52 Week's High
₹561.1₹912
| Returns % | |
| 1 Month Return | + 5.31 % |
| 3 Month Return | + 3.05 % |
| 1 Year Return | + 47.77 % |
| Market Stats | |
| Previous Close | ₹834.10 |
| Open | ₹834.10 |
| Volume | 1.35Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹7,44,402.56Cr |
State Bank of India Key Statistics
| P/E Ratio | 10.4 |
| PEG Ratio | 2.77 |
| Market Cap | ₹7,44,402.56 Cr |
| P/B Ratio | 1.92 |
| EPS | 76.35 |
| Dividend Yield | 1.82 |
| Sector | Banks |
| ROE | 18.81 |
State Bank of India Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹7,44,402.56 Cr | 27.76% | NA | ₹67,084 Cr | ₹5,94,574 Cr | |
| BUY | ₹1,27,448.22 Cr | 26.33% | NA | ₹18,767 Cr | ₹1,41,778 Cr | |
| BUY | ₹92,121.53 Cr | 23.75% | NA | ₹15,278 Cr | ₹1,39,164 Cr | |
| HOLD | ₹50,775.90 Cr | 8.82% | NA | ₹6,564 Cr | ₹67,488 Cr | |
| BUY | ₹93,801.75 Cr | 17.93% | NA | ₹13,797 Cr | ₹1,18,188 Cr |
State Bank of India Mutual Fund Holdings
About State Bank of India
SBI’s diverse portfolio includes products like savings accounts, loans, credit cards, and investment services. The bank also has several sub-brands, such as SBI Life Insurance, SBI Mutual Fund, and SBI Cards, catering to different financial needs. As of 2024, SBI has a strong presence in India with over 22,000 branches and more than 62,000 ATMs. The bank also operates in over 30 countries, including the United States, Canada, the United Kingdom, and Singapore. A notable fact about SBI is that it is the largest bank in India by assets and customer base, serving over 44 crore (440 million) customers. Another interesting fact is that SBI has merged with several associate banks over the years, including the State Bank of Travancore and State Bank of Hyderabad, to consolidate its position in the market.
Share Price: ₹838.85 per share as on 28 Nov, 2024 04:01 PM
Market Capitalisation: ₹7,44,402.56Cr as of today
Revenue: ₹1,63,802.38Cr as on September 2024 (Q3 24)
Net Profit: ₹19,782.76Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: DINESH KUMAR KHARA
| Organisation | State Bank of India |
| Headquarters | |
| Industry | Banks |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - 28 Nov
05:30 AM
-NCDRC orders SBI to waive Rs14.30 lakh home loan and pay Rs75,000 compensation to deceased borrower's wife.
07:39 AM
-SBI plans to sell a 24% stake in YES Bank.
01:08 PM
-SBI staff prevent a senior citizen from falling victim to a ₹30 lakh scam.
Key events for State Bank of India
SBI Faces Legal Ruling and Prevents Scam Loss - 28 Nov, 2024
SBI is ordered to waive a home loan and pay compensation to a deceased borrower's wife. Additionally, SBI staff thwarted a scam attempt involving ₹30 lakh. The bank also plans to sell a stake in YES Bank.
SBI Raises Rs 50,000 Crore Through Bonds - 27 Nov, 2024
State Bank of India successfully raised Rs 50,000 crore in FY25 through various bond issuances, demonstrating strong investor confidence and interest. Despite this, shares traded slightly lower, reflecting market volatility.
SBI's Strategic Moves in Funding and Partnerships - 26 Nov, 2024
State Bank of India plans to deploy $1.5 billion in international operations, raised Rs 10,000 crore through infra bonds, and initiated co-lending with Muthoot Microfin.
SBI Targets Growth with Strategic Initiatives and Partnerships - 25 Nov, 2024
State Bank of India is poised for growth with a focus on international operations, a new co-lending partnership, and positive market sentiment reflected in stock ratings. The government’s proposed Banking Laws Bill aims to enhance depositor protection, further supporting SBI's outlook.
SBI Strengthens Position with New Initiatives and Ratings - 23 Nov, 2024
State Bank of India has raised significant funds through bond issuance, received a bullish rating from Jefferies, and launched tailored services for Uber partners and railway employees.
SBI Shares Surge on Positive Analyst Outlook - 22 Nov, 2024
State Bank of India shares rose over 2% following Jefferies' buy rating and target price of ₹1,030, highlighting strong asset quality and earnings outlook.
SBI Faces Market Capital Loss Amid Adani Exposure - 21 Nov, 2024
State Bank of India has lost over ₹30,000 crore in market capitalisation linked to its significant lending to the Adani Group, despite leading in total loans. SBI is also gearing up for new corporate loans, indicating ongoing ambitions in the credit market.
SBI Expands Branches Amid Regulatory Challenges - 20 Nov, 2024
State Bank of India is expanding its branch network significantly while facing regulatory scrutiny over mis-selling insurance and seeking permission for dual factoring operations.
SBI Raises Funds and Faces Legal Challenges - 19 Nov, 2024
State Bank of India raised $500 million through dollar bonds and Rs 10,000 crore via long-term bonds. The bank also plans to open new branches and faces a court ruling on cyber fraud. Analysts recommend buying SBI shares amid these developments.
SBI Expands Branch Network and Supports Entrepreneurship - 18 Nov, 2024
State Bank of India is expanding its branch network by adding 500 new branches by March 2025. Additionally, SBI raised Rs 10,000 crore through infrastructure bonds and partnered with Jagriti Yatra 2024 to foster entrepreneurship among youth.
SBI Faces Market Valuation Drop Amid MCLR Hike - 17 Nov, 2024
State Bank of India experienced a significant market valuation loss of Rs 34,984 crore due to a 4.62% drop in share price. Additionally, SBI increased its MCLR rates, making loans costlier for customers.
SBI Reports Growth and CSR Initiatives Amid Rate Hike - 16 Nov, 2024
SBI increased MCLR rates, impacting loan costs. The bank's corporate loan book grew significantly, with Kotak Securities maintaining a 'Buy' rating. SBI also contributed ₹4 lakh in materials to a local school as part of its CSR efforts.
SBI Secures Major Loan, Increases Lending Rates - 15 Nov, 2024
State Bank of India is negotiating a $1.25 billion loan, marking the largest foreign borrowing this year. Additionally, SBI has raised its MCLR by 5 basis points, affecting loan costs as deposit rates rise.
SBI Hikes MCLR and Receives Buy Rating - 14 Nov, 2024
State Bank of India has increased its MCLR by 0.05%, affecting long-term loans. Additionally, it has been reaffirmed as a Domestic Systemically Important Bank, and Motilal Oswal has set a target price of Rs 1,000, maintaining a buy rating.
SBI Reports Strong Performance Amid Regulatory Updates - 13 Nov, 2024
State Bank of India shows strong Q2FY25 results, prompting a buy recommendation from ICICI Securities. RBI confirms SBI's D-SIB status, requiring additional capital buffer from April 2025.
SBI Reports Strong Growth and New Initiatives - 12 Nov, 2024
State Bank of India shows strong growth with improved asset quality and plans to raise funds through infrastructure bonds and a climate fund. Analysts maintain a positive outlook.
SBI Reports Strong Profit and Growth Projections - 11 Nov, 2024
State Bank of India reported a 28% YoY profit increase, projecting 14-16% loan growth for FY25. Analysts maintain positive ratings, with target prices raised. SBI also issued a warning about ongoing scams targeting customers.
SBI Maintains Stability Amid Tensions, Positive Outlook - 10 Nov, 2024
SBI's operations in Canada remain stable despite diplomatic tensions. Jefferies upgraded its price target to ₹1,030, highlighting strong performance and potential growth.
SBI Reports Strong Q2 Profit Amid CSR Initiatives - 09 Nov, 2024
State Bank of India reported a 28% increase in Q2 net profit, driven by strong other income. The bank also donated ₹1.5 crore to social causes, showcasing its commitment to CSR. Despite a contraction in net interest margin, total advances grew significantly, indicating robust operational performance.
SBI Reports Strong Q2 Profit Amid Market Challenges - 08 Nov, 2024
State Bank of India reported a 27.92% increase in Q2 net profit, while facing market selloffs and adjusting deposit growth guidance. The bank remains optimistic about credit growth in H2FY25.
Insights on State Bank of India
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 1 Year
In the last 1 year, SBIN has outperformed top 5 stocks with highest market-cap in Banks
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 1.52L Cr → 1.63L Cr (in ₹), with an average increase of 7.1% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 19.32K Cr → 19.78K Cr (in ₹), with an average increase of 2.3% per quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, SBIN stock has moved up by 6.8%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 11.00% to 11.34% in Sep 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 56.92% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, ICICI Bank Ltd has given 81.1% return, outperforming this stock by 1.7%
- NO EFFECT
Retail Holding Unchanged
Retail Investor holdings remained unchanged at 7.59% of holdings in Sep 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 11.04% to 10.59% in Sep 2024 quarter
State Bank of India Blogs
State Bank of India Financials
Index Inclusions
State Bank of India Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 56.92% | 0.00 | |
| Foreign Institutions | 10.59% | ||
| Mutual Funds | 11.34% | 3.08 | |
| Retail Investors | 7.59% | 0.08 | |
| Others | 13.56% | 0.73 |
State Bank of India Key Indicators
State Bank of India Valuation
State Bank of India in the last 5 years
Lowest (-1736.32x)
January 24, 2018
Today (10.40x)
November 27, 2024
Industry (15.81x)
November 27, 2024
Highest (140.37x)
June 27, 2019
State Bank of India Earnings and Dividends
State Bank of India Earnings Results
State Bank of India’s net profit jumped 22.88% since last year same period to ₹19,782.76Cr in the Q2 2024-2025. On a quarterly growth basis, State Bank of India has generated 2.37% jump in its net profits since last 3-months.
Read More about Earnings ResultsState Bank of India Dividends May,2024
In the quarter ending March 2024, State Bank of India has declared dividend of ₹13.70 - translating a dividend yield of 3%.
Read More about Dividends
State Bank of India Technicals Summary
Bearish
Neutral
Bullish
State Bank of India is currently in a Bullish trading position according to technical analysis indicators.
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State Bank of India (SBIN) share price today is ₹838.85
State Bank of India is listed on NSE
State Bank of India is listed on BSE
- Today’s highest price of State Bank of India is ₹845.8.
- Today’s lowest price of State Bank of India is ₹830.5.
PE Ratio of State Bank of India is 10.4
PE ratio = State Bank of India Market price per share / State Bank of India Earnings per share
Today’s traded volume of State Bank of India(SBIN) is 1.35Cr.
Today’s market capitalisation of State Bank of India(SBIN) is ₹744402.56Cr.
| State Bank of India(SBIN | Price |
|---|---|
52 Week High | ₹912 |
52 Week Low | ₹561.1 |
State Bank of India(SBIN) share price is ₹838.85. It is down -8.02% from its 52 Week High price of ₹912
State Bank of India(SBIN) share price is ₹838.85. It is up 49.50% from its 52 Week Low price of ₹561.1
| State Bank of India(SBIN | Returns |
|---|---|
1 Day Returns | 4.75% |
1 Month Returns | 5.31% |
3 Month Returns | 3.05% |
1 Year Returns | 47.77% |