SBIN State Bank of India (SBI) announced its Q4 FY26 results
State Bank of India (SBI) announced its Q4 FY26 results with a net profit of ₹19,684 crore, up 6% year-on-year, but shares fell over 7% due to margin pressure and weaker operating profit. The bank declared a dividend of ₹17.35 per share, payable on June 4, 2026. SBI Q4 FY26 Results – Key Highlights Metric Q4 FY26 Q4 FY25 YoY Change Net Profit ₹19,684 crore ₹18,643 crore +6% Operating Profit ₹27,704 crore ₹31,286 crore -11.5% Net Interest Income (NII) ₹44,380 crore ₹42,618 crore +4.1% Net Interest Margin (NIM) 2.93% (Domestic) 3.14% -21 bps Gross Advances ₹49.3 trillion ₹42.2 trillion +16.9% Deposits ₹59.8 trillion ₹53.8 trillion +11% Gross NPA Ratio 1.49% 1.82% Improved Net NPA Ratio 0.39% 0.47% Improved Dividend Announcement Dividend: ₹17.35 per share (1735% payout) Record Date: May 16, 2026 Payment Date: June 4, 2026 Operational Performance Credit Growth: Advances grew 16.9% YoY, led by SME (+21%), Agri (+19.7%), and Retail (+15.2%). Deposit Growth: 11% YoY, with CASA ratio at 39.46%. Digital Banking: Over 66% of new accounts opened via YONO, with alternate channels handling 98.7% of transactions Investor Takeaways Positive: Strong profit growth, improved asset quality, robust credit expansion, attractive dividend. Negative: Margin pressure, treasury losses, weaker operating profit. Outlook: SBI plans to expand rural presence, strengthen digital platform YONO, and diversify revenue streams.
