STATE BANK OF INDIA - 500112 - Newspaper Publication For Financial Results
Newspaper Publication of Financial Results05-08-2024
05-08-2024
Q1FY25 Quarterly Result Announced for State Bank of India
State Bank of India announced Q1FY25 results: Profitability: Net Profit for Q1FY25 stands at Rs 17,035 crore witnessing a growth of 0.89% YoY. Operating Profit for Q1FY25 grew by 4.55% YoY to Rs 26,449 crore. Bank’s ROA and ROE for Q1FY25 stand at 1.10% and 20.98% respectively. Net Interest Income (NII) for Q1FY25 increased by 5.71% YoY. Whole Bank NIM for Q1FY25 is at 3.22% and Domestic NIM is at 3.35%. Balance Sheet: Credit growth is at 15.39% YoY with Domestic Advances growing by 15.55% YoY. Foreign Offices’ Advances grew by 14.41% YoY. Domestic Advances growth is driven by SME Advances (19.87% YoY) followed by Agri Advances which grew by 17.06% YoY. Retail Personal Advances and Corporate loans registered YoY growth of 13.60% and 15.92% respectively. Whole Bank Deposits grew at 8.18% YoY, out of which CASA Deposit grew by 2.59% YoY. CASA ratio stands at 40.70% as on 30thJune 24. Asset Quality: Gross NPA ratio at 2.21% improved by 55 bps YoY. Net NPA ratio at 0.57% improved by 14 bps YoY. PCR (with AUCA) stands at 91.76% with Provision Coverage Ratio (PCR) being at 74.41%. Slippage Ratio for Q1FY25 improved by 10 bps YoY and stands at 0.84%. Credit Cost for Q1FY25 stands at 0.48%. Capital Adequacy: Capital Adequacy Ratio (CAR) as at the end of Q1FY25 stands at 13.86%. Alternate Channels: Share of Alternate Channels in total transactions increased from ~97.5% in Q1FY24 to ~98.2% in Q1FY25. Result PDF05-08-2024
Why SBI stock fell 5% after Q1 result? Buy, sell, hold? Check strategy here
SBI share price today: BI share price has tumbled nearly 12 per cent from its record high level of Rs 912, touched on June 3, 202405-08-2024
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SBI Q1 Results Review - Balance Sheet Strength To Protect Net Interest Margin: Prabhudas Lilladher
Core pre-provision operating profit beat led by lower staff cost; fees and provisions were a miss, says the brokerage.05-08-2024
SBI chief Dinesh Khara sees a 'ghar wapsi' for deposits amid regulatory action on F&O
Concerns have arisen due to significant losses by retail investors in derivative trades, with 90% of participants facing losses. Policymakers worry that household savings are being squandered in speculation rather than used productively.04-08-2024
STATE BANK OF INDIA - 500112 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording of Analyst /Investor Meet03-08-2024
SBI Q1 PAT marginally rises to 17,035 crore
State Bank of India's net interest income rises 6% y-o-y to 41,125 crore in Q103-08-2024
SBI Q1 results: Net profit almost flat at Rs 17,035 crore; NPA at 2.21%
State Bank of India (SBI) on Saturday reported an almost flat standalone net profit at Rs 17,035 crore for the first quarter of the current financial year. The country's biggest lender had posted a net profit of Rs 16,884 crore in the April-June quarter of 2023-24. The bank's total income increased to Rs 1,22,688 crore in the first quarter against Rs 1,08,039 crore a year ago, SBI said in a regulatory filing. During the quarter, the bank earned an interest income of Rs 1,11,526 crore compared to Rs 95,975 crore in the year-ago period. The bank's gross non-performing assets (NPA) of the total advances declined to 2.21 per cent in the first quarter from 2.76 per cent at June-end last year. Similarly, its net NPAs also eased to 0.57 per cent in June 2024 from 0.71 per cent a year ago. On a consolidated basis, SBI's net profit rose marginally to Rs 19,325 crore against Rs 18,537 crore in the same quarter of the previous fiscal. At the same time, its total income increased to Rs 1,5203-08-2024
STATE BANK OF INDIA - 500112 - Statement Of Deviation & Variation
Statement of Deviation & Variation 30.06.202403-08-2024
STATE BANK OF INDIA - 500112 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation Q1FY2503-08-2024