🔔 Debt Alert
SBI declares MTNL a non-performing asset amid Rs 325.53 crore debt, warns of penal interest for payment failure.
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 ₹932.51
Source: S&P Global Market Intelligence
State Bank of India Share analysis
State Bank of India price forecast by 41 analysts
Upside of17.05%
High
₹1075
Target
₹932.51
Low
₹690
State Bank of India target price ₹932.51, a slight upside of 17.05% compared to current price of ₹796.65. 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, FY2026:9.17%
Forecast
Actual
Source: S&P Global Market Intelligence
State Bank of India Performance
Day's Low
Day's High
₹785.25₹809.8552 Week's Low
52 Week's High
₹543.2₹912
| Returns % | |
| 1 Month Return | -2.7 % |
| 3 Month Return | -7.34 % |
| 1 Year Return | + 34.54 % |
| Market Stats | |
| Previous Close | ₹794.10 |
| Open | ₹792.00 |
| Volume | 2.01Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹7,08,703.43Cr |
State Bank of India Key Statistics
| P/E Ratio | 10.48 |
| PEG Ratio | 9.19 |
| Market Cap | ₹7,08,703.43 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 | ₹7,08,703.43 Cr | 43.96% | NA | ₹67,084 Cr | ₹5,94,574 Cr | |
| BUY | ₹1,26,729.40 Cr | 37.44% | NA | ₹18,767 Cr | ₹1,41,778 Cr | |
| BUY | ₹97,926.75 Cr | 39.99% | NA | ₹15,278 Cr | ₹1,39,164 Cr | |
| HOLD | ₹49,747.00 Cr | 16.56% | NA | ₹6,564 Cr | ₹67,488 Cr | |
| BUY | ₹90,824.64 Cr | 27.93% | 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: ₹796.65 per share as on 04 Oct, 2024 04:01 PM
Market Capitalisation: ₹7,08,703.43Cr as of today
Revenue: ₹1,52,125.05Cr as on June 2024 (Q2 24)
Net Profit: ₹19,324.96Cr as on June 2024 (Q2 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 |
Key events for State Bank of India
SBI Declares MTNL Loans as Non-Performing Assets - 06 Oct, 2024
State Bank of India has classified MTNL's loan accounts as sub-standard non-performing assets due to overdue payments of Rs 282 crore. SBI may take legal action if payments are not made. MTNL is working on monetisation projects, including a land development agreement with NBCC.
SBI Declares MTNL Non-Performing Asset Amid Debt - 05 Oct, 2024
State Bank of India has declared MTNL a non-performing asset due to Rs 325.53 crore debt, warning of penal interest if overdue payments are not made immediately.
JPMorgan Bullish on SBI's Growth Prospects - 04 Oct, 2024
JPMorgan is optimistic about State Bank of India's growth, maintaining an OVERWEIGHT rating with a price target of Rs 1,000. SBI shares have risen 23% in 2024, reflecting strong performance despite challenges from MTNL's loan status.
SBI Expands Branches Amid Stable Ratings and Economic Growth - 03 Oct, 2024
State Bank of India plans to open 600 new branches to tap emerging markets. A report suggests RBI will likely maintain interest rates due to strong growth. Moody's affirms SBI's Baa3 deposit rating, highlighting its financial stability.
SBI Announces Expansion with 600 New Branches - 02 Oct, 2024
State Bank of India (SBI) aims to open 600 new branches in FY25, targeting emerging areas and underserved residential colonies. The bank also plans innovative products to attract depositors.
SBI Faces Challenges Amid JKC Dispute and CSR Efforts - 01 Oct, 2024
State Bank of India faces challenges with JKC's compliance in a takeover plan while also engaging in CSR initiatives. The government reconstituted the RBI's monetary policy committee, with SBI commenting on US Federal Reserve discussions.
SBI to Launch Innovative Investment Products - 30 Sep, 2024
State Bank of India is set to launch innovative products, including a combination of SIPs and recurring deposits, to attract financially aware customers, particularly Gen Z. The bank aims to enhance deposit growth and meet evolving investor needs.
SBI Introduces Innovative Deposit Products for Growth - 29 Sep, 2024
State Bank of India aims to attract depositors, especially Gen Z, by introducing innovative products like a recurring deposit and SIP combo. SBI targets a net profit of ₹1 lakh crore in 3-5 years, building on a FY24 profit of ₹61,077 crore.
SBI Sells Debt to Asset Reconstruction Companies - 27 Sep, 2024
State Bank of India, along with other banks, has sold its debt to asset reconstruction companies to recover dues due to delays in the CIRP process.
SBI Targets ₹1 Trillion Profit Amid Fundraising Plans - 26 Sep, 2024
State Bank of India aims for a net profit of ₹1 trillion in 3-5 years, with a strong FY24 profit. SBI also filed a claim against KM Toll Road and approved a ₹25,000 crore fundraising plan. Total claims reported at ₹7,800 crore with a resolution plan from JKC offering ₹4,783 crore.
SBI's Profit Goals and Legal Challenges Highlighted - 25 Sep, 2024
State Bank of India is targeting a net profit of Rs 1 lakh crore while facing legal challenges over online fraud and investing in debt restructuring. The bank also raised significant funds through bonds and aims to improve financing access for MSMEs.
SBI Faces Criticism Amid Strong Credit Pipeline Outlook - 24 Sep, 2024
State Bank of India is converting debt into equity in Supreme Infrastructure India Ltd, facing political backlash. SBI anticipates a strong credit pipeline and urbanization growth, signaling potential private capital expenditure revival.
SBI's Strong Performance and Sustainability Initiatives - 23 Sep, 2024
State Bank of India showcases strong stock performance, with shares rising in Nifty 50. The bank also emphasizes sustainability through tree plantation and community welfare initiatives, while transitioning to an equity stakeholder in a defaulter company.
SBI Seeks Interim Distribution Approval from NCLAT - 22 Sep, 2024
State Bank of India has requested the NCLAT to approve an interim distribution of Rs 175 crore to secured lenders from funds in the escrow account of BKEL. The NCLAT noted the lack of reasonable grounds for the Board's inaction regarding interim distribution.
SBI Chairman Emphasizes Customer Service and CSR Initiatives - 21 Sep, 2024
SBI Chairman C.S. Setty visited Hyderabad, promoting excellent customer service and announcing a ₹51 lakh donation to the Devnar Foundation. He highlighted SBI's commitment to sustainability with a tree plantation drive and urged branch managers to excel in business parameters. The bank's CSR efforts focus on healthcare, education, and environmental initiatives.
SBI Extends $50 Million Treasury Bill Subscription to Maldives - 20 Sep, 2024
The State Bank of India has subscribed to $50 million in Treasury Bills issued by the Maldives government for an additional year, marking a significant financial support initiative.
SBI Appoints New GM and Raises Funds - 19 Sep, 2024
State Bank of India appointed Joohi Smita Sinha as CGM for Bengaluru Circle and raised ₹7,500 crore through Tier 2 bonds. Chairman CS Setty expressed concerns over RBI's rate cuts due to food inflation.
SBI Successfully Raises Rs 7,500 Crore in Bonds - 18 Sep, 2024
State Bank of India raised Rs 7,500 crore through its second Basel III compliant tier-2 bond issuance at a 7.33% coupon rate, demonstrating strong investor confidence. The bank's CASA ratio has moderated, but Setty assures it will be protected. SBI's stock has risen 1.3% following the bond issuance announcement.
SBI Focuses on Growth and Recruitment Initiatives - 16 Sep, 2024
SBI's chairman highlights the bank's commitment to consistent performance and technology-led growth. Additionally, SBI is recruiting for 1497 Specialist Cadre Officer positions, enhancing its workforce.
SBI Reports Strong Deposit Growth Amid Rising Rates - 15 Sep, 2024
State Bank of India announced an 11.13% increase in total deposits to Rs 49.16 lakh crore, with term deposits growing significantly due to rising interest rates.
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
Retail Holding Up
Retail Investor have increased holdings from 7.30% to 7.59% in Jun 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, SBIN stock has moved up by 1.1%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 10.97% to 11.04% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, ICICI Bank Ltd has given 77.8% return, outperforming this stock by 6.4%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 56.92% of holdings in Jun 2024 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 11.48% to 11.00% in Jun 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 21.38K Cr → 19.32K Cr (in ₹), with an average decrease of 9.6% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 1.64L Cr → 1.52L Cr (in ₹), with an average decrease of 7.8% per quarter
State Bank of India Infographics
State Bank of India Q1 FY2024-2025 Results: Key Insights
SBI reports improvement in asset quality in Q1FY25, Net NPA down 14 BPS to 0.57%
News
Bank Of Baroda Share Price Live blog for 01 Aug 2024
Bank Of Baroda Share Price Today Live Updates : Bank Of Baroda stock price went down today, 01 Aug 2024, by -0.94 %. The stock closed at 256.25 per share. The stock is currently trading at 253.85 per share. Investors should monitor Bank Of Baroda stock price closely in the coming days and weeks to see how it reacts to the news.01 Aug, 2024 08:03 AMBank of Baroda Share Price: Brokerage hikes target by just Rs 5 after Q1 results
Bank of Baroda share price target 2024: UBS has maintained its Neutral rating for Bank of Baroda (BOB) following positive first-quarter results. The bank reported a 9.5% YoY growth in net profit to Rs 4,458 crore in Q1FY25, driven by lower credit costs. , Markets News, ET Now01 Aug, 2024 08:14 AMBuy Bank of Baroda, target price Rs 290: Motilal Oswal
Bank of Baroda, incorporated in the year 1911, is a banking company (having a market cap of Rs 131481.88 Crore).01 Aug, 2024 09:40 AMState 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 | 11.04% | 0.56 | |
| Mutual Funds | 11% | ||
| Retail Investors | 7.59% | 3.96 | |
| Others | 13.46% | 0.98 |
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 (10.48x)
October 4, 2024
Industry (15.60x)
October 4, 2024
Highest (140.37x)
June 27, 2019
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 ₹796.65
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 ₹809.85.
- Today’s lowest price of State Bank of India is ₹785.25.
PE Ratio of State Bank of India is 10.48
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 2.01Cr.
Today’s market capitalisation of State Bank of India(SBIN) is ₹708703.43Cr.
| State Bank of India(SBIN | Price |
|---|---|
52 Week High | ₹912 |
52 Week Low | ₹543.2 |
State Bank of India(SBIN) share price is ₹796.65. It is down -12.65% from its 52 Week High price of ₹912
State Bank of India(SBIN) share price is ₹796.65. It is up 46.66% from its 52 Week Low price of ₹543.2
| State Bank of India(SBIN | Returns |
|---|---|
1 Day Returns | 2.55% |
1 Month Returns | -2.7% |
3 Month Returns | -7.34% |
1 Year Returns | 34.54% |