Q3FY26 Quarterly Result Announced for State Bank of India -

SBIN

Q3FY26 Quarterly Result Announced for State Bank of India -

State Bank of India announced Q3FY26 results Business: Business crossed Rs 103 trillion. Deposits & Advances crossed Rs 57 trillion & Rs 46 trillion respectively. SME Portfolio crossed Rs 6 trillion. Profitability: Highest ever quarterly Net Profit at Rs 21,028 crore, witnessing a growth of 24.49% YoY. Operating Profit for Q3FY26 up by 39.54% YoY to Rs 32,862 crore. Bank’s ROA and ROE for the 9MFY26 stand at 1.16% and 20.68% respectively. Net Interest Income (NII) for Q3FY26 increased by 9.04% YoY. Whole Bank and Domestic NIM for the 9MFY26 stand at 2.95% and 3.08% respectively. Whole Bank NIM for Q3FY26 is at 2.99% and Domestic NIM is at 3.12%. Balance Sheet: Whole Bank Advances growth at 15.14% YoY with Domestic Advances growth at 15.44% YoY. Foreign Offices’ Advances grew by 13.41% YoY. Retail Advances grew by 16.51% YoY, with double-digit growth in all segments. SME Advances grew by 21.02% YoY followed by Agri Advances growth of 16.56% YoY and Retail Personal Advances growth of 14.95%. Corporate Advances registered YoY growth of 13.37%. Whole Bank Deposits grew by 9.02% YoY. CASA Deposit grew by 8.88% YoY. CASA ratio stands at 39.13% as on 31 st December 25. Retail Term Deposits registered YoY growth of 14.54%. Asset Quality: Gross NPA ratio at 1.57% improved by 50 bps YoY. Net NPA ratio at 0.39% improved by 14 bps YoY. Provision Coverage Ratio (PCR) increased by 88 pbs YoY and stands at 75.54% while PCR (incl. AUCA) increased by 63 bps and stands at 92.37%. Slippage Ratio for 9MFY26 improved by 5 bps YoY and stands at 0.54%. Slippage Ratio for Q3FY26 stands at 0.40%. Credit Cost for Q3FY26 stands at 0.29%. All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24