🔔 Earnings Alert
SBI expected to report a 64% YoY profit surge to Rs 15,075 crore for Q3FY25, driven by lower staff costs and stable asset quality.
SBI Analyst Rating
based on 43 analysts
73.81%
Buy
14.29%
Hold
11.90%
Sell
Based on 43 analysts offering long term price targets for SBI. An average target of ₹960.49
Source: S&P Global Market Intelligence
SBI Share analysis
SBI price forecast by 43 analysts
Upside of26.22%
High
₹1102
Target
₹960.49
Low
₹700
SBI target price ₹960.49, a slight upside of 26.22% compared to current price of ₹779.2. According to 43 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
SBI revenue growth forecast
Expected growth rate Q1, FY2027:0
Forecast
Actual
Including amortisation and stock based compensations
SBI EPS growth forecast
EPS estimate Q1, FY2027:22.64%
Forecast
Actual
Source: S&P Global Market Intelligence
SBI Performance
Day's Low
Day's High
₹765.65Day's Price Range₹781.2552 Week's Low
52 Week's High
₹637.752-Week Price Range₹912
| Returns % | |
| 1 Month Return | -1.99 % |
| 3 Month Return | -8.3 % |
| 1 Year Return | + 18.35 % |
| Market Stats | |
| Previous Close | ₹760.95 |
| Open | ₹767.00 |
| Volume | 1.20Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹6,79,118.96Cr |
SBI Key Statistics
| P/E Ratio | 9.49 |
| PEG Ratio | 2.52 |
| Market Cap | ₹6,79,118.96 Cr |
| P/B Ratio | 1.92 |
| EPS | 76.35 |
| Dividend Yield | 1.82 |
| Sector | Banks |
| ROE | 18.81 |
SBI Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹6,79,118.96 Cr | 29.69% | NA | ₹67,084 Cr | ₹5,94,574 Cr | |
| BUY | ₹1,07,559.16 Cr | 27.76% | NA | ₹18,767 Cr | ₹1,41,778 Cr | |
| BUY | ₹82,189.17 Cr | 28.79% | NA | ₹15,278 Cr | ₹1,39,164 Cr | |
| BUY | ₹47,311.32 Cr | 11.71% | NA | ₹6,564 Cr | ₹67,488 Cr | |
| BUY | ₹83,320.81 Cr | 25.48% | NA | ₹13,797 Cr | ₹1,18,188 Cr |
About SBI
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: ₹779.20 per share as on 04 Feb, 2025 04:01 PM
Market Capitalisation: ₹6,79,118.96Cr 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 | SBI |
| Headquarters | |
| Industry | Banks |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
09:02 AM
-SBI report suggests RBI may cut repo rate by 25 basis points in February 2025, with further cuts expected later.
11:51 AM
-SBI expected to report 64% YoY net profit surge in Q3FY25, driven by lower costs and stable asset quality.
02:00 PM
-SBI Research anticipates a 0.25% rate cut by RBI on February 7, supporting economic growth.
Today's Timeline - Invalid Date
02:43 PM
-Analysts predict SBI's Q3 net profit to rise significantly, with healthy loan growth and stable asset quality.
04:38 PM
-SBI Research forecasts cumulative rate cuts of at least 75 basis points over the easing cycle starting February.
Key events for State Bank of India
SBI Anticipates Strong Q3 Profit Amid Rate Cuts - 04 Feb, 2025
State Bank of India is projected to report a significant increase in Q3 net profit, supported by lower costs and stable asset quality. Additionally, SBI Research expects the RBI to cut rates, enhancing economic conditions.SBI Chairman Discusses Positive Impact of Budget 2025 - 02 Feb, 2025
SBI Chairman CS Setty emphasizes that Budget 2025's tax measures will enhance disposable income, boost bank deposits, and support credit growth for MSMEs and agriculture.Analysts Favor SBI on Budget Day Recommendations - 01 Feb, 2025
On Budget Day, analysts highlighted State Bank of India as a strong buy alongside other stocks, indicating positive sentiment and potential growth opportunities.SBI Stock Gains Amid Positive Banking Sector Outlook - 31 Jan, 2025
State Bank of India (SBI) shows positive momentum with a 1.44% rise, benefiting from potential capital infusion and AI integration in banking. Focus remains on profitability and asset quality improvements.SBI Projects Profit Rise and Trading Recommendations - 29 Jan, 2025
State Bank of India is projected to see a 5.6% increase in net profit for FY 2025. Analysts recommend buying February futures, targeting ₹800, indicating potential short covering and upward momentum.SBI Shares Rise on Positive Market Sentiment - 28 Jan, 2025
State Bank of India shares gained in early trade, supported by RBI's liquidity management measures, enhancing investor confidence in the banking sector.SBI Report Highlights Investment Trends and Financing - 27 Jan, 2025
A recent SBI report discusses investment trends, private sector contributions, and the role of External Commercial Borrowings (ECBs) in corporate financing.SBI Highlights Budget Concerns and New Initiatives - 25 Jan, 2025
SBI raises concerns about the financial impact of women-centric DBT schemes, introduces new deposit schemes, and suggests healthcare budget increases. The bank also anticipates tax reforms in the upcoming Union Budget 2025.SBI Chairman Predicts Rate Cuts in 2025 - 22 Jan, 2025
State Bank of India Chairman C S Setty forecasts a 25 basis points rate cut in February 2025, with a total reduction of 50 to 75 basis points expected throughout the year. Analysts also maintain a buy stance on SBI shares with a target price of Rs 850.SBI Reports on RBI's Liquidity Management Changes - 20 Jan, 2025
State Bank of India reports potential RBI changes to liquidity management, including long-term buy-sell swaps and daily VRR auctions, while forecasting a rupee recovery amid global challenges.SBI Updates: MoU Renewal, Strong Performance, Recruitment Extension - 18 Jan, 2025
SBI has renewed its MoU with the Indian Army, enhancing insurance benefits. The bank's market cap is ₹6,83,894 Cr, with a 24.70% gain over the past year. Additionally, the registration deadline for SBI PO Recruitment 2025 has been extended to January 19, 2025, for 600 vacancies.SBI Launches Fund Offer and Supports Construction - 17 Jan, 2025
State Bank of India is launching a New Fund Offer for the Nifty Bank Index and is extending builder finance support to the construction industry in Srikakulam. Additionally, SBI's deputy managing director highlighted challenges in fully digitizing loan processes.SBI Stock Rises on Strong Performance and Optimism - 16 Jan, 2025
State Bank of India (SBI) is expected to report significant profit growth driven by strong deposit growth and healthy asset quality. The stock has gained 22.28% over the past year, outperforming the market. Recent announcements regarding quarterly results have further boosted investor confidence, leading to a rise in share price.SBI Announces Latest MCLR Rates and Loan Offers - 15 Jan, 2025
State Bank of India has updated its MCLR rates effective January 15, 2025, maintaining rates across tenures. The bank is offering no processing fees on loans until January 31, 2025, with home loan rates starting at 8.50%. Changes in the repo rate will affect loan interest rates.SBI Stock Rises Amid New Initiatives and Insights - 14 Jan, 2025
State Bank of India shares increased by 2.07%. The bank introduced new FD rates for super senior citizens and launched a savings scheme. SBI also provided insights on the Indian rupee's stability and reported significant expected growth in NII and PAT.State Bank of India Plans Major Fundraising - 13 Jan, 2025
State Bank of India is set to raise up to $1.25 billion, while analysts predict a 33% upside despite a 20% decline since June 2024. Sharekhan identifies SBI as a top pick for 2025 with a target price of Rs 975.Top Bankers Meet RBI Governor Ahead of MPC - 12 Jan, 2025
On January 15, top bankers will meet with new RBI Governor Sanjay Malhotra before the last MPC meeting of FY25, addressing concerns over economic growth, credit moderation, and inflation.SBI Chairman Advocates Fund Tracking and Transparency - 11 Jan, 2025
SBI's chairman emphasizes the need for mechanisms to track fund utilization in capital markets, promoting transparency and investor trust. He also highlights the importance of climate finance and mobilizing domestic savings for economic growth.SBI Launches Schemes and Proposes Fund Tracking Mechanism - 10 Jan, 2025
SBI introduces two investment schemes with attractive interest rates while proposing a mechanism to track SME fund usage for transparency and competitive pricing.SBI Chairman Discusses Growth Amid Loan Growth Challenges - 09 Jan, 2025
SBI's Chairman outlines future strategies while Motilal Oswal highlights consistent loan growth and sets a target price of Rs 1,000, indicating positive outlook despite challenges.
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 IMPACTMF Holding Up
Mutual Funds have increased holdings from 11.34% to 12.23% in Dec 2024 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
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
NO EFFECTAgainst Peers
In the last 1 year, ICICI Bank Ltd has given 22.4% return, outperforming this stock by 4.1%
- NO EFFECT
Against Peers
In the last 3 years, ICICI Bank Ltd has given 55.6% return, outperforming this stock by 12.2%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 56.92% of holdings in Dec 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 7.59% to 7.28% in Dec 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 10.59% to 10.17% in Dec 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 month, SBIN stock has moved down by -2.0%
State Bank of India Blogs
News
RBI Rate Cut Expectations: SBI Research Insights for February Meeting
SBI Research expects the Reserve Bank of India (RBI) to cut interest rates by 25 basis points at its Monetary Policy Committee (MPC) meeting scheduled for February 5-7. The firms latest report suggests a cumulative rate cut of at least 75 basis points over the cycle, with two successive cuts in February and April, followed by a pause in June, and the next round of cuts possibly starting from October 2025.04 Feb, 2025 04:38 PMSBI Q3 Results Preview: Analysts Expect Strong Profit Growth
State Bank of India (SBI) is scheduled to report its Q3 results on Thursday, February 6. According to analysts, the public sector bank (PSB) is estimated to report a double digit net profit growth on the back of healthy loan book expansion and stable asset quality. Nomura expects SBI to report a solid growth of 86 per cent year-on-year (Y-o-Y) in net profit. It pegs SBI Q3 net profit at Rs 17,010 crore as against Q3FY24 net profit of Rs 9,160 crore. On a sequential basis, Nomura expects Q3 net profit to decline 7 per cent from Rs 18,330 crore. Operationally, the brokerage expects SBI's net interest income (NII) to grow 7 per cent Y-o-Y to Rs 42,560 crore from Rs 39,820 crore and 2 per cent Q-o-Q from Rs 41,620 crore. Pre-provision operating profit (PPOP), too, is expected to surge 30 per cent Y-o-Y to Rs 26,450 crore as against Rs 20,340-crore PPOP in Q3FY24. We expect SBI's Q3 deposit growth to be soft, rising 9 per cent Y-o-Y/1 per cent Q-o-Q to Rs 51.94 trillion. Loan growth, however, is projected to be healthy at 14 per cent Y-o-Y/4 per cent Q-o-Q to Rs 40.11 trillion. We expect net interest margin (NIM) to decline 10bps Y-o-Y/2bps Q-o-Q to 3.1 per cent, aided by re-pricing of MCLR loans. Credit cost are expected to remain under control at 0.4 per cent. Citi Research estimates domestic advances growth to align with system average growth, at 13 per cent Y-o-Y/3 per cent Q-o-Q, to Rs 39.75 trillion. The banks focus towards more secured products may continue in Q3FY25. Besides, it expects SBI's Q3 deposit book to stand at Rs 52.48 trillion, up 10 per cent Y-o-Y/3 per cent Q-o-Q. Comfortable loan-to-deposit ratio (LDR) may allow its deposit growth to lag advances growth. Post contraction of 8bps in domestic NIM in Q2FY25, we expect SBI Q3 NIM to be broadly stable during the quarter. Prabhudas Lilladher expects SBI Q3 profit to rise just 7 per cent Y-o-Y to Rs 15,463.2 crore. This would be lower by 15.6 per cent Q-o-Q. Q3 NII growth, too, is seen muted at 7.5 per cent Y-o-Y/2.8 per cent Qo-Q at Rs 42,795.2 crore. Q3 PPOP, on the other hand, is anticipated at Rs 25,627.3 crore, up 26 per cent Y-o-Y/down 12.5 per cent Q-o-Q. Provisions, Prabhudas Lilladher analysts said, are expected to increase by 5 per cent Q-o-Q/588 per cent Y-o-Y to Rs 4,731 crore, leading to a fall in PAT. Asset quality, in terms of gross non-performing asset (GNPA) ratio, is expected to worsen by 7 bps Q-o-Q to 2.06 per cent, while credit cost is expected to increase by 1bps to 0.48 per cent. Nuvama estimates SBI Q3 PPOP to come at Rs 27,590 crore (up 109 per cent Y-o-Y/down 6 per cent Q-o-Q), and net profit at Rs 17,090 crore (up 86.5 per cent Y-o-Y/down 6.8 per cent Q-o-Q). This brokerage, also, expects provisions to surge 554 per cent Y-o-Y/flat Q-o-Q at Rs 4,500 crore. Motilal Oswal Financial Services forecasts SBI's provisions to remain elevated in Q3FY25, at Rs 5,160 crore, limiting net profit growth at 77 per cent Y-o-Y at Rs 16,240 crore.04 Feb, 2025 02:43 PMSBI Research Predicts RBI Rate Cut Announcement on February 7
SBI Research expects RBI to announce 0.25 per cent rate cut on Feb 7. SBI economists expect the RBI to announce a 0.25 per cent rate cut in the monetary policy committee meeting on February 7. As the fiscal stimulus of Budget 2025-26 plays out, the RBI at least in the short run has room for rate cuts, according to an SBI Research report released on Tuesday.04 Feb, 2025 02:00 PMSBI Financials
Index Inclusions
SBI Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 56.92% | 0.00 | |
| Foreign Institutions | 10.17% | ||
| Mutual Funds | 12.23% | 7.81 | |
| Retail Investors | 7.28% | ||
| Others | 13.4% |
SBI Key Indicators
SBI Valuation
SBI in the last 5 years
Lowest (-1736.32x)
January 24, 2018
Today (9.49x)
February 3, 2025
Industry (14.97x)
February 3, 2025
Highest (140.37x)
June 27, 2019
SBI 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 3.21%.
Read More about Dividends
SBI Technicals Summary
Bearish
Neutral
Bullish
State Bank of India is currently in a Bearish trading position according to technical analysis indicators.
FAQs on State Bank of India
What is State Bank of India price today?
State Bank of India share price today stands at ₹779.2, Open: ₹767, Previous Close: ₹760.95, High: ₹781.25, Low: ₹765.65, 52 Week High: ₹912, 52 Week Low: ₹637.7.
How to Buy State Bank of India Share in India?
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Is State Bank of India listed on NSE?
State Bank of India is listed on NSE
Is State Bank of India listed on BSE?
State Bank of India is listed on BSE
What are today's High and Low prices of State Bank of India?
- Today's highest price of State Bank of India is ₹781.25.
- Today's lowest price of State Bank of India is ₹765.65.
What are today's traded volumes of State Bank of India?
Today's traded volume of State Bank of India(SBIN) is 1.20Cr.
What is today's market capitalisation of State Bank of India?
Today's market capitalisation of State Bank of India(SBIN) is ₹679118.96Cr.
What is the 52 Week High and Low Range of State Bank of India?
How much percentage State Bank of India is down from its 52 Week High?
State Bank of India (SBIN) share price is ₹779.2. It is down -14.56% from its 52 Week High price of ₹912
How much percentage State Bank of India is up from its 52 Week low?
State Bank of India (SBIN) share price is ₹779.2. It is up 22.19% from its 52 Week Low price of ₹637.7
What are the historical returns of State Bank of India?
What is the PE ratio of State Bank of India today?
PE Ratio of State Bank of India is 9.49
PE ratio = State Bank of India Market price per share / State Bank of India Earnings per share