India’s largest private lender, State Bank of India, is set to report its fourth quarter results for the financial year 2026 on May 8, Friday, The state-owned bank is likely to report a stable Q4 result with total income likely to be Rs 1,43,146 crore.
The bank’s stock declined 1.3 per cent on Friday to trade lower at Rs 1,077.90 ahead of the result. Over the one-week time frame, the stock has gained 1.47 per cent compared to the Nifty 50’s gain of 0.75 per cent. Meanwhile, the stock has surged 2.14 per cent in one month, 10.10 per cent in year-to-date, nearly 41 per cent in one year, 85.7 per cent in three years, and 202 per cent in a five-year time frame.
SBI’s total income is projected at Rs 1,43,146 crore, reflecting a modest growth of 1.6 per cent quarter-on-quarter, but a marginal decline of 0.5 per cent year-on-year (YoY). Interest income is likely to come in at Rs 1,25,071 crore, rising 2.1 per cent QoQ and 4.5 per cent YoY, supported by steady credit growth. Meanwhile, interest expenses are estimated at Rs 78,293 crore, increasing 1.2 per cent sequentially and 1.8 per cent annually.
Net interest income is expected to grow to Rs 46,777 crore, up 3.5 per cent sequentially and 9.4 per cent YoY, indicating healthy core banking performance. However, provisions may rise to Rs 5,158 crore, up 14.4 per cent QoQ, though still lower by nearly 20 per cent compared to the year-ago period. Profit after tax (PAT) is estimated at Rs 18,898 crore, showing a decline of 10.1 per cent QoQ, but a marginal growth of 1.4 per cent YoY.
On the asset quality front, SBI is likely to see further improvement, with the gross NPA ratio easing to 1.49 per cent and net NPA ratio declining to 0.35 per cent. Net interest margin (NIM) is expected to remain stable at 3.02 per cent, slightly higher sequentially but lower YoY. Return on assets (RoA) may soften to 1.08 per cent.
SBI Q4FY26 Results Expectations
SBI Q4FY26 Key Monitorables
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
