SBI Q4 FY26 Results: Profits Grow 5.6% to ₹19,684 Crores, Declares Dividend of ₹17.35
State Bank of India (SBI), the country's largest public sector lender, reported a strong set of financial results for the quarter and full year ended March 31, 2026, with annual net profit crossing the ₹80,000 crore mark for the first time in its history.
SBI's net profit for FY26 stood at ₹80,032 crore, a 12.88% YoY increase from ₹70,901 crore in FY25. For the fourth quarter alone, the bank reported a net profit of ₹19,684 crore, up 5.58% year-on-year, from ₹18,643 crore in Q4FY25.
Operating profit for the full year rose by 11.25% to ₹1,23,015 crore in FY26 from ₹1,10,579 crore in FY25, with ROA and ROE standing at 1.12% and 18.57%, respectively.
SBI Announces ₹ 17.35 in Dividend
For the financial year ending on March 31, 2026, the Bank's Central Board has announced an equity share dividend of ₹17.35, representing a 1735% payout.
Shareholders eligible for this dividend will be identified based on the record date of May 16, 2026, with the dividend payment scheduled for 4 June, 2026.
Other Key Highlights
The company's Income through interest earned increased by 3% to ₹1,23,098 crore in Q4FY26 from ₹1,19,509 crore in Q4FY25. Its interest expenses were recorded at ₹ 78,718 crore in Q4FY26, resulting in a Net Interest Income of ₹ 44,380 crore, up 4.1% YoY from the same quarter in the previous year. Despite a 4.08% increase in Net Interest Income, Whole Bank NIM for the year was 2.91%.
Whole Bank Deposits grew by 11.03% YoY. CASA Deposits grew by 9.53% YoY. CASA Ratio stands at 39.46% as on 31 st March 26. Retail Term Deposits also registered a growth of 14.77%.YoY.
The company showcased improvement in Asset Quality, with Gross NPA (Non-Performing Assets) increasing by 33 bps YoY to 1.49%. Net NPA Ratio improved by 8 bps YoY to 0.39%.
Total business crossed the landmark ₹109 trillion mark. Gross advances grew strongly at 16.87% year-on-year to ₹49.32 trillion as of March 2026, while total deposits grew 11.03% to ₹59.75 trillion.
The bank saw robust credit expansion, with Whole Bank advances growing 16.87% YoY, driven by a 20.01% increase in foreign office advances and double-digit growth across retail segments, including SME (20.99%), Agri (19.68%), and Corporate (14.83%) advances.
According to media reports, following the release of the financials, shares of SBI crashed to the day’s low of ₹ 1,010.9 apiece on the NSE, which was 7.4 per cent lower than the previous close of ₹1,092.
Key Summary of Q4FY26 Results
|
Particulars |
Q4 FY26 (in ₹ Cr.) |
Q4 FY25 (in ₹ Cr.) |
YoY Change(%) |
FY26 (in ₹ Cr.) |
FY25 (in ₹ Cr.) |
YoY Change (%) |
|---|---|---|---|---|---|---|
|
Interest Income |
1,23,098 |
1,19,509 |
3.00 |
4,82,797 |
4,61,864 |
4.53 |
|
Interest Expenses |
78,718 |
76,892 |
2.37 |
3,09,677 |
2,95,524 |
4.79 |
|
Net Interest Income |
44,380 |
42,618 |
4.13 |
1,73,120 |
1,66,340 |
4.08 |
|
Operating Profit |
27,704 |
31,286 |
-11.45 |
1,23,015 |
1,10,579 |
11.25 |
|
Profit after Tax (PAT) |
19,684 |
18,643 |
5.58 |
80,032 |
70,901 |
12.88 |
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