Shares of state-owned State Bank of India (SBI) are in action today as the lender has reported an all-time high profit of Rs 21,028 crore on a standalone basis in the quarter ending December 31 of FY26. This is a 24.49 per cent growth on a year-on-year (YoY) basis. On a consolidated basis, the state-owned lender reported a 13.06 per cent increase in profit at Rs 21,317 crore, as per a regulatory filing. The operating profit for Q3FY26 was up by 39.54 per cent YoY to Rs 32,862 crores. Following this, the counter opened gap-up with a gain of 5.03 per cent at Rs 1,120 against the previous close of Rs 1,066.40 on the BSE.
SBI share price
After a gap up opening, the stock gained further amid a spurt in trading volume by more than 1.72 times to touch the high of 1136.85, representing a gain of 6.61 per cent. This is also the stocks fresh 52-week high. The scrip's 52-week low is Rs 679.65, touched on March 3, 2025. Last seen the, scrip held firmly in green and was trading at Rs 1130.95 with a gain of Rs 64.55 or 6.05 per cent and the market cap of the company stood at Rs 10,44,259.77 crore.
On the National Stock Exchange (NSE), the counter opened at Rs 1,120 and later touched an intraday high and low of Rs 1,137 and 1,100.50, respectively.
SBI quarterly results
The bank's core net interest income on a standalone basis grew 9.04 per cent to Rs 45,190 crore from Rs 41,446 crore in the year-ago period on the back of 15.14 per cent loan growth and a 0.03 per cent compression in the domestic net interest margin at 3.12 per cent.
SBI balance sheet
- Whole Bank Advances grew at 15.14 per cent YoY, with Domestic Advances growing at 15.44 per cent YoY.
- Foreign Offices’ Advances grew by 13.41 per cent YoY.
- Retail Advances grew by 16.51 per cent YoY, with double-digit growth in all segments. SME Advances grew by 21.02 per cent YoY, followed by Agri Advances growth of 16.56 per cent YoY and Retail Personal Advances growth of 14.95 per cent.
- Corporate Advances registered YoY growth of 13.37 per cent.
- Whole Bank Deposits grew by 9.02 per cent YoY. CASA Deposit grew by 8.88 per cent YoY. CASA ratio stands at 39.13 per cent as on 31st December 25. Retail Term Deposits registered YoY growth of 14.54 per cent.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
