The State Bank of India, country’s largest public sector bank, has reported a steady performance for the fourth quarter and full financial year ended March 31, 2026. The bank’s annual profit crossed the ₹80,000 crore mark for the first time, marking a significant milestone in SBI’s financial journey.
For Q4 FY26, SBI posted a standalone net profit of ₹19,684 crore, registering a 5.58% year-on-year growth compared to ₹18,643 crore in the same quarter last year.
For the full financial year FY26, the bank reported a net profit of ₹80,032 crore, up 12.88% from ₹70,901 crore in FY25.
Key Highlights of SBI Q4 FY26 Results
- SBI’s Q4 FY26 net profit stood at ₹19,684 crore, up 5.58% YoY.
- The bank’s FY26 net profit crossed ₹80,000 crore for the first time.
- Full-year net profit increased to ₹80,032 crore from ₹70,901 crore in FY25.
- SBI declared a dividend of ₹17.35 per equity share for FY26.
- The record date for the dividend has been fixed as May 16, 2026.
- Dividend payment is scheduled for June 4, 2026.
- Total business crossed the major milestone of ₹109 trillion.
- Gross advances grew 16.87% YoY to ₹49.32 trillion.
- Total deposits rose 11.03% YoY to ₹59.75 trillion.
SBI Declares ₹17.35 Dividend
SBI’s Central Board has declared an equity dividend of ₹17.35 per share for the financial year ended March 31, 2026.
This represents a 1735% dividend payout on the face value of the share. Shareholders whose names appear in the records on May 16, 2026 will be eligible for the dividend. The bank has scheduled the dividend payment for June 4, 2026.
Interest Income and Net Interest Income
SBI’s interest income for Q4 FY26 rose by 3% year-on-year to ₹1,23,098 crore, compared with ₹1,19,509 crore in Q4 FY25.
The bank’s interest expenses stood at ₹78,718 crore during the quarter, compared with ₹76,892 crore in the same period last year.
As a result, SBI’s Net Interest Income, or NII, stood at ₹44,380 crore in Q4 FY26, up 4.13% YoY from ₹42,618 crore in Q4 FY25.
For the full year, NII increased to ₹1,73,120 crore, compared to ₹1,66,340 crore in FY25, reflecting a growth of 4.08%.
The bank’s Whole Bank Net Interest Margin for the year stood at 2.91%.
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Operating Profit Shows Full-Year Growth
SBI’s operating profit for the full year FY26 increased by 11.25% to ₹1,23,015 crore, compared with ₹1,10,579 crorein FY25.
However, for Q4 FY26, operating profit stood at ₹27,704 crore, down 11.45% from ₹31,286 crore in Q4 FY25.
Despite the quarterly decline in operating profit, the bank’s full-year profitability remained strong, helped by steady income growth, healthy loan expansion and improving asset quality.
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Advances Grow Strongly Across Segments
SBI reported strong credit growth during FY26, with Whole Bank advances increasing 16.87% year-on-year.
The bank’s gross advances stood at ₹49.32 trillion as of March 2026. Growth was supported by strong expansion across multiple segments.
Key growth areas included:
- Foreign office advances: up 20.01% YoY
- SME advances: up 20.99% YoY
- Agriculture advances: up 19.68% YoY
- Corporate advances: up 14.83% YoY
The broad-based loan growth shows that SBI continued to benefit from credit demand across retail, agriculture, small businesses and corporate borrowers.
Asset Quality Remains Comfortable
SBI also reported improvement in asset quality on a net basis.
The bank’s Gross NPA ratio stood at 1.49%, while the Net NPA ratio improved to 0.39%.
A lower Net NPA ratio indicates that the bank has maintained control over bad loans after provisioning. This remains an important indicator for investors and analysts, as asset quality directly affects banking profitability and future provisioning requirements.
The scale reinforces SBI’s position as India’s largest bank and one of the most important players in the country’s financial system.
SBI’s Q4 FY26 results show steady profit growth, strong loan expansion and a healthy deposit base, even as operating profit came under pressure during the quarter. The bank’s annual profit crossing ₹80,000 crore is a major milestone, while investors will continue to track margins, credit growth, asset quality and share price movement in the coming quarters.
Check these Q4 Results Too:
PNB Q4 Results: Net Profit Rises to ₹5,225 Cr; ₹3 Dividend Declared
SK Finance Q4 Results: Reports ₹431 Crore PAT in FY26, AUM Rises to ₹15,755 Crore
IDBI Bank Q4 FY26 Results: Net Profit Falls 5% to ₹1,943 Crore
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