State Bank of India Results Earnings Call for Q4FY23

Conference Call with State Bank of India Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.
19-05-2023

SBI party may cool after Q4 thrill

Standalone net profit surged as much as 83% year-on-year (y-o-y) to clock the highest ever quarterly net profit of 16,695 crore.
18-05-2023
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STATE BANK OF INDIA - 500112 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Audio Recording link for Analyst Meet https://bank.sbi/web/investor-relations/webcast-audio-call
18-05-2023
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STATE BANK OF INDIA - 500112 - Intimation About Record Date

Intimation about Record date
18-05-2023
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STATE BANK OF INDIA - 500112 - Intimation Of Book Closure And Record Date

Intimation of Book Closure and Record Date
18-05-2023
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Q4FY23 Quarterly & FY23 Annual Result Announced for State Bank of India

State Bank of India announced Q4FY23 & FY23 results: Profitability Net Profit for FY23 crosses Rs 50,000 crores and stands at Rs 50,232 crores witnessing a growth of 58.58% YoY, while Net Profit for Q4FY23 grew by 83.18% to Rs 16,695 crores. Operating Profit for FY23 grew by 11.18% YoY to Rs 83,713 crores; while Operating Profit for Q4FY23 grew by 24.87% YoY to Rs 24,621 crores. Bank’s ROA and ROE for the financial year stand at 0.96% and 19.43% respectively. ROA at 1.23% for the quarter improved by 49 bps YoY. Net Interest Income (NII) for FY23 increased by 19.99% YoY. Domestic NIM for FY23 increased by 22 bps YoY to 3.58%, while Domestic NIM for Q4FY23 increased by 44 bps YoY to 3.84%. Balance Sheet Credit growth at 15.99% YoY with Domestic Advances growing by 15.38% YoY. Foreign Offices’ Advances grew by 19.55% YoY. Domestic Advances growth driven by Retail Personal Advances (17.64% YoY) followed by SME Advances which grew by 17.59% YoY. Xpress Credit loans cross Rs 3 lakh crores. Agri and Corporate loans registered YoY growth of 13.31% and 12.52% respectively. Whole Bank Deposits grew at 9.19% YoY, out of which CASA Deposit grew by 4.95% YoY. CASA ratio stands at 43.80% as on 31st March 23. Asset Quality Gross NPA ratio at 2.78% down by 119 bps YoY. Net NPA ratio at 0.67% down by 35 bps YoY. Provision Coverage Ratio (PCR) at 76.39% improved by 135 bps YoY, PCR (Incl. AUCA) improved by 171 bps YoY and stands at 91.91%. Slippage Ratio for FY23 improved by 34 bps YoY and stands at 0.65%, while Slippage Ratio for Q4FY23 stands at 0.41%. Credit Cost for FY23 improved by 23 bps YoY to 0.32%, while Credit Cost for Q4FY23 at 0.16% improved by 33 bps YoY. Capital Adequacy Capital Adequacy Ratio (CAR) as at the end of FY23 improved by 85 bps YoY and stands at 14.68% Alternate Channels 64% of SB accounts and 35% of retail asset accounts acquired digitally through YONO. Share of Alternate Channels in total transactions increased from ~95% in FY22 to ~97% in FY23. Result PDF
18-05-2023
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STATE BANK OF INDIA - 500112 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Announcement under Regulation 30 (LODR) - Press Release
18-05-2023
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STATE BANK OF INDIA - 500112 - Audited Financial Results For The Quarter And Year Ended 31.03.2023

Audited Financial Results for the quarter and year ended 31.03.2023
18-05-2023
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STATE BANK OF INDIA - 500112 - Audited Financial Results For Quarter And Year Ended 31.03.2023

Audited Financial results for quarter and year ended 31.03.2023
18-05-2023
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