State Bank of India Share Price

Banks - Public Sector

NSE: SBIN Large Cap ISIN: INE062A01020
As on 05 January 2025 at 16:12 IST
As on 05 January 2025 at 16:12 IST
793.40
-7.80
(-0.97%)
Over 1 Month
-7.09%
Over 6 Months
-5.54%
Over 1 Year
23.30%
Over 3 Years
68.52%

State Bank of India Summary

Close 793.40
Open 801.20
High 809.50
Low 792.15
Volume 1,33,36,514
Net Turnover (in ₹) 10,65,54,90,014.65
52 Week High 912
52 Week Low 600.65
52Wk High / Low
600.65
912

State Bank of India Key Financial Data

Market Cap (in ₹ Cr) 7,08,079.35
EPS (TTM) 78.90
Book Value (BV) 439.24
Div. Yield 1.73
P/E (TTM) 10.86
Price/Book Value 1.81
Delivery % 52.33
Face Value 1

State Bank of India Key Ratios

P/E ratio 11
P/B ratio 1.92
EV to Sales 14.15
PEG Ratio 0.51
ROA 1.36
ROE 18.81
Debt-Equity -
Net Profit Margin -
Operating Profit Margin -

State Bank of India Peer Comparison

Company LTP Market Cap (in ₹ Cr)
State Bank of India ₹793.50 ₹7,08,168.60
HDFC Bank Ltd ₹1,749.30 ₹13,37,919.84
ICICI Bank Ltd ₹1,265.50 ₹8,93,378.50
Kotak Mahindra Bank Ltd ₹1,839.15 ₹3,65,654.96
Axis Bank Ltd ₹1,084.20 ₹3,35,570.52
Bank of Baroda ₹241.60 ₹1,24,940.11

State Bank of India News

State Bank of India announces completion of term of director

23 Dec 2024

State Bank of India down for fifth straight session

State Bank of India is quoting at Rs 818.75, down 1.69% on the day as on 13:19 IST on the NSE. The stock jumped 27.18% in last one year as compared to a 11.64% rally in NIFTY and a 6.89% spurt in the Nifty Bank index.

20 Dec 2024

SBI appoints Rama Mohan Rao Amara as MD

State Bank of India announced that Rama Mohan Rao Amara has been appointed as managing director (MD) of the bank for a period of three years with effect from 18 December 2024.

19 Dec 2024

State Bank of India raises Rs 50,000 cr domestic bonds in FY2025

27 Nov 2024

State Bank of India allots bonds aggregating Rs 10,000 cr

19 Nov 2024

State Bank of India Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue4,66,812.823,68,718.663,16,021.203,08,647.013,02,545.07
Total Expenses3,85,029.863,01,513.012,72,599.352,81,105.892,77,482.30
Profit Before Tax81,782.9667,205.6443,421.8527,541.1225,062.77
Profit After Tax61,076.6250,232.4531,675.9820,410.4714,488.11
Operating Profit after Depreciation81,782.9667,205.6443,421.8527,541.1225,062.77

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets42,126.3742,100.7337,467.4938,067.4138,023.39
TOTAL ASSETS61,79,693.9555,16,978.5349,87,597.4145,34,429.6339,51,393.92
Total Shareholder's Fund3,77,246.533,27,608.452,80,088.062,53,875.192,32,007.43

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities19,021.89-91,351.8258,415.4589,865.5425,687.86
Net Cash used in Investing Activities-2,264.15-502.65-1,724.33-3,556.47-433.14
Net Cash used in Financing Activities-13,855.375,201.76-5,177.515,632.633,352.17

State Bank of India Corporate Actions

State Bank of India

₹13.7/Share

Announcement Date 22 May 2024
Record Date 22 May 2024
Div Yield 1370%

About State Bank of India

State Bank of India (SBI) is an Indian multinational, public sector banking and financial services statutory body. With a legacy spanning over many years, SBI offers a comprehensive range of banking products and services. Their services will include retail banking, corporate banking, and investment banking. It also deals in mortgage loans, private banking, wealth management, and insurance.

Operating within the banking and financial services sector, SBI stands as the largest bank in India. It was officially founded on July 1, 1955, but its roots trace back to the Bank of Calcutta, established in 1806. The bank’s headquarters are located at State Bank Bhavan, Nariman Point, Mumbai, Maharashtra, India.

The Government of India is the primary promoter of the State Bank of India. It holds a majority stake in the bank. This significant government backing underscores SBI’s pivotal role in the Indian banking scene. The bank’s main products include retail and corporate banking. It provides services in investment banking, mortgage loans, and private banking. The bank also serves wealth management, risk management, and asset management. It deals in banking services regarding mutual funds, credit cards, and insurance.

SBI is the largest bank in India by assets and holds a dominant market share. The leading position is denoted with 23% of the market by assets and a 25% share of the total loan and deposits market. This makes SBI a crucial player in the Indian banking sector.
The Government of India’s majority stake in SBI highlights its importance and stability. This has helped SBI demonstrate strong financial performance. The economic performance has reflected its robust operational capabilities.

The registered office of SBI is located at State Bank Bhavan, Nariman Point, Mumbai. Key management figures include Challa Sreenivasulu Setty (Chairman) and Kameshwar Rao Kodavanti (CFO).

Practices of State Bank of India

The State Bank of India(SBI) has a history that dates back over centuries. This fact makes it one of the oldest banking institutions in India. Its origins can be traced to the establishment of the Bank of Calcutta in 1806, which was later renamed the Bank of Bengal. This institution was one of the three presidential banks. The others were the Bank of Bombay (established in 1840) and the Bank of Madras (established in 1843). These banks were created to serve the needs of the British East India Company. They played a crucial role in the economic development of colonial India.

In 1921, these three presidential banks were merged to form the Imperial Bank of India. The Imperial Bank became the largest commercial bank in the country. The Imperial Bank of India was influential in the Indian banking sector. It provides a wide range of banking services. The bank acted as a central bank before the establishment of the Reserve Bank of India in 1935.

The turning point in the history of the Imperial Bank of India came in 1955 when it was nationalized and renamed the State Bank of India. This move was part of the Indian government’s broader strategy. It was done to extend banking services to rural and semi-urban areas. This way, the bank promoted financial inclusion and supported economic development. The nationalization of SBI marked the beginning of a new era in Indian banking. It focused on serving the broader population’s needs rather than just the elite.

SBI’s influence grew significantly in the decades following its nationalization. The bank expanded its network of branches across the country, reaching even the most remote areas. This growth was crucial in bringing banking services to millions of Indians. These Indians had previously been excluded from the formal financial system. SBI’s efforts in this regard have been instrumental in promoting financial literacy in India.

In addition to its domestic operations, the State Bank of India also expanded its presence internationally. The bank established branches and subsidiaries in various countries. It is present in the United States, the United Kingdom, Canada, and several countries in the Middle East and Asia. This international expansion has helped SBI to serve the needs of the Indian movement. The idea was also to facilitate international trade and investment.

One of the key milestones in SBI’s history was the merger with its associate banks in 2017. These associate banks were the State Bank of Bikaner & Jaipur and the State Bank of Hyderabad. The State Bank of Mysore, State Bank of Patiala, and State Bank of Travancore were also included. These banks were also nationalized in 1959 and operated as subsidiaries of SBI. The merger of these banks with SBI created a banking giant with a vast network of branches. It created a significant market share in the Indian banking sector.

The State Bank of India has a rich history that reflects the broader economic and social changes in India over the past two centuries. SBI has played a pivotal role in the development of the Indian banking sector. Its influence extends beyond banking. The bank has been a key player in promoting financial inclusion and adopting new technologies. It remains a cornerstone of the Indian financial system and a symbol of the country’s economic progress.

State Bank of India Stock Analysis

  1. Annual revenue for State Bank of India increased by 26.60% to ₹4,66,812.82 crore in FY 2024 from ₹3,68,718.66 crore in FY 2023.
  2. Annual Net Profit for State Bank of India increased by 21.59% to ₹61,076.62 crore in FY 2024 from ₹50,232.45 crore in FY 2023.
  3. Promoter Shareholding in State Bank of India remains unchanged by 0.00% in the most recent quarter, from 56.92% in June 2024 to 56.92% in September 2024.
  4. State Bank of India delivered a 1-year return of 23.30% compared to the Nifty 50, which provided a return of 11.56% as of the last trading session.
  5. State Bank of India share price moved down by 0.97% from its previous close of INR ₹801.20. The latest State Bank of India share price is INR ₹793.40.
  6. State Bank of India share price today has been at a low of 792.15 and a high of 809.50. Over the past 52 weeks, the State Bank of India share price has seen a low of 600.65 and a high of 912.

FAQ’s

What is the share price of State Bank of India today?

State Bank of India share price as on 5 Jan 2025 is ₹ 793.4

What is the Market Cap of State Bank of India?

The market cap of State Bank of India stock is ₹7,08,079.35 Cr.

What is the PE Ratio of State Bank of India?

The Price to Earnings (P/E) Ratio of State Bank of India is 11

What is the PB Ratio of State Bank of India?

The Price to Book (P/B) Ratio of State Bank of India is 1.92

What is the 52 week high of State Bank of India Share Price?

The 52 week high of State Bank of India share price stands at ₹912

What is the 52 week low of State Bank of India Share Price?

The 52 week low of State Bank of India share price stands at ₹600.65

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