By Helgi Library - November 2, 2019
State Bank of India's customer deposits reached INR 23,930 bil in 2016-09-30, up 3.53% compared to the previous year. Indian ba...
By Helgi Library - November 2, 2019
State Bank of India's customer deposits reached INR 23,930 bil in 2016-09-30, up 3.53% compared to the previous year. Indian ba...
By Helgi Library - November 2, 2019
State Bank of India stock traded at INR 271 per share at the end of third quarter of 2019 implying a market capitalization of USD 34...
| Profit Statement | 2016 | 2017 | 2018 | |
| Net Interest Income | INR bil | 171 | 62.1 | 151 |
| Net Fee Income | INR bil | 211 | 250 | 260 |
| Other Income | INR bil | 1,096 | 1,206 | 1,344 |
| Total Revenues | INR bil | 1,478 | 1,518 | 1,755 |
| Operating Profit | INR bil | 603 | 564 | 606 |
| Provisions | INR bil | 593 | 686 | 554 |
| Net Profit | INR bil | 2.41 | -45.6 | 23.0 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Interbank Loans | INR bil | 1,122 | 445 | 481 |
| Customer Loans | INR bil | 18,969 | 19,601 | 22,269 |
| Total Assets | INR bil | 34,451 | 36,164 | 38,885 |
| Shareholders' Equity | INR bil | 2,237 | 2,349 | 2,405 |
| Interbank Borrowing | INR bil | 310 | 469 | 389 |
| Customer Deposits | INR bil | 25,998 | 27,019 | 29,256 |
| Issued Debt Securities | INR bil | 3,364 | 3,691 | 4,137 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | 0.118 | -1.99 | 0.967 |
| ROA | % | 0.007 | -0.129 | 0.061 |
| Costs (As % Of Assets) | % | 2.69 | 2.70 | 3.06 |
| Costs (As % Of Income) | % | 59.2 | 62.8 | 65.5 |
| Capital Adequacy Ratio | % | 13.0 | 12.7 | 12.8 |
| Net Interest Margin | % | 0.526 | 0.176 | 0.402 |
| Loans (As % Of Deposits) | % | 73.0 | 72.5 | 76.1 |
| NPLs (As % Of Loans) | % | 9.06 | 10.9 | 7.44 |
| Provisions (As % Of NPLs) | % | 45.5 | 50.5 | 62.0 |
| Valuation | 2016 | 2017 | 2018 | |
| Price/Earnings (P/E) | 970 | ... | 124 | |
| Price/Book Value (P/BV) | 1.05 | 0.949 | 1.19 | |
| Dividend Yield | % | 0.867 | 0 | 0 |
| Earnings Per Share (EPS) | INR | 0.309 | -5.34 | 2.58 |
| Book Value Per Share | INR | 287 | 275 | 270 |
| Dividend Per Share | INR | 2.60 | 0 | 0 |
Get all company financials in excel:
| summary | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | |||||||||||||||||||
| Net Interest Income | INR bil | 225 | 227 | 238 | 211 | 171 | |||||||||||||
| Total Revenues | INR bil | 947 | 1,046 | 1,248 | 1,301 | 1,478 | |||||||||||||
| Operating Profit | INR bil | 405 | 404 | 488 | 585 | 603 | |||||||||||||
| Net Profit | INR bil | 179 | 142 | 170 | 122 | 2.41 | |||||||||||||
| balance sheet | |||||||||||||||||||
| Interbank Loans | INR bil | 557 | 531 | 643 | 441 | 1,122 | |||||||||||||
| Customer Loans | INR bil | 13,926 | 15,783 | 16,922 | 18,703 | 18,969 | |||||||||||||
| Total Assets | INR bil | 21,331 | 23,960 | 27,001 | 30,735 | 34,451 | |||||||||||||
| Shareholders' Equity | INR bil | 1,293 | 1,523 | 1,669 | 1,869 | 2,237 | |||||||||||||
| Interbank Borrowing | INR bil | 620 | 661 | 440 | 392 | 310 | |||||||||||||
| Customer Deposits | INR bil | 15,898 | 17,963 | 20,339 | 22,380 | 25,998 | |||||||||||||
| Issued Debt Securities | INR bil | 2,037 | 2,238 | 2,447 | 3,614 | 3,364 | |||||||||||||
| ratios | |||||||||||||||||||
| ROE | % | 15.0 | 10.1 | 10.6 | 6.91 | 0.118 | |||||||||||||
| ROA | % | 0.904 | 0.626 | 0.667 | 0.423 | 0.007 | |||||||||||||
| Costs (As % Of Assets) | % | 2.74 | 2.84 | 2.98 | 2.48 | 2.69 | |||||||||||||
| Costs (As % Of Income) | % | 57.3 | 61.4 | 60.9 | 55.0 | 59.2 | |||||||||||||
| Capital Adequacy Ratio | % | 12.8 | 12.2 | 12.0 | 12.9 | 13.0 | |||||||||||||
| Net Interest Margin | % | 1.13 | 1.00 | 0.934 | 0.732 | 0.526 | |||||||||||||
| Interest Income (As % Of Revenues) | % | 23.7 | 21.7 | 19.1 | 16.2 | 11.6 | |||||||||||||
| Fee Income (As % Of Revenues) | % | 15.1 | 15.0 | 13.3 | 14.3 | 14.3 | |||||||||||||
| Equity (As % Of Assets) | % | 6.06 | 6.36 | 6.18 | 6.08 | 6.49 | |||||||||||||
| Loans (As % Of Deposits) | % | 87.6 | 87.9 | 83.2 | 83.6 | 73.0 | |||||||||||||
| Loans (As % Assets) | % | 65.3 | 65.9 | 62.7 | 60.9 | 55.1 | |||||||||||||
| NPLs (As % Of Loans) | % | 4.47 | 4.99 | 4.32 | 6.42 | 9.06 | |||||||||||||
| Provisions (As % Of NPLs) | % | ... | 55.1 | 47.7 | 49.3 | 43.5 | 45.5 | ||||||||||||
| valuation | |||||||||||||||||||
| Market Capitalisation (End Of Period) | USD mil | 25,878 | 23,167 | 31,625 | 22,735 | 34,426 | |||||||||||||
| Number Of Shares (Average) | mil | 6,715 | 6,948 | 7,466 | 7,666 | 7,804 | |||||||||||||
| Share Price (End Of Period) | INR | 211 | 206 | 267 | 197 | 300 | |||||||||||||
| Earnings Per Share (EPS) | INR | 26.7 | 20.4 | 22.8 | 15.9 | 0.309 | |||||||||||||
| Book Value Per Share | INR | 193 | 219 | 224 | 244 | 287 | |||||||||||||
| Dividend Per Share | INR | 4.15 | 3.00 | 3.50 | 2.60 | 2.60 | |||||||||||||
| Price/Earnings (P/E) | 7.91 | 10.1 | 11.7 | 12.3 | 970 | ... | |||||||||||||
| Price/Book Value (P/BV) | 1.10 | 0.940 | 1.19 | 0.807 | 1.05 | ||||||||||||||
| Dividend Yield | % | 1.97 | 1.46 | 1.31 | 1.32 | 0.867 | |||||||||||||
| Earnings Per Share Growth | % | ... | 10.5 | -23.5 | 11.6 | -29.9 | -98.1 | ||||||||||||
| Book Value Per Share Growth | % | ... | 11.2 | 13.8 | 1.98 | 9.05 | 17.6 |
| income statement | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | |||||||||||||||||||
| Interest Income | INR bil | 1,293 | 1,442 | 1,570 | 1,642 | 1,662 | |||||||||||||
| Interest Cost | INR bil | 1,068 | 1,215 | 1,332 | 1,430 | 1,491 | |||||||||||||
| Net Interest Income | INR bil | 225 | 227 | 238 | 211 | 171 | |||||||||||||
| Net Fee Income | INR bil | 143 | 157 | 166 | 186 | 211 | |||||||||||||
| Other Income | INR bil | 580 | 662 | 844 | 903 | 1,096 | |||||||||||||
| Total Revenues | INR bil | 947 | 1,046 | 1,248 | 1,301 | 1,478 | |||||||||||||
| Operating Cost | INR bil | 543 | 642 | 760 | 716 | 875 | |||||||||||||
| Operating Profit | INR bil | 405 | 404 | 488 | 585 | 603 | |||||||||||||
| Provisions | INR bil | 145 | 190 | 229 | 403 | 593 | |||||||||||||
| Extra and Other Cost | INR bil | 0.405 | 0.462 | 0.513 | 0.211 | 0.438 | |||||||||||||
| Pre-Tax Profit | INR bil | 259 | 213 | 259 | 182 | 9.45 | |||||||||||||
| Tax | INR bil | 75.6 | 68.4 | 83.4 | 54.3 | 13.4 | |||||||||||||
| Minorities | INR bil | 6.38 | 6.33 | 8.38 | 7.95 | -3.39 | |||||||||||||
| Net Profit | INR bil | 179 | 142 | 170 | 122 | 2.41 | |||||||||||||
| Dividends | INR bil | 28.4 | 22.4 | 26.5 | 20.2 | 21.1 | |||||||||||||
| growth rates | |||||||||||||||||||
| Net Interest Income Growth | % | ... | -7.10 | 1.21 | 4.69 | -11.2 | -18.9 | ||||||||||||
| Net Fee Income Growth | % | ... | -3.64 | 9.81 | 5.94 | 12.4 | 13.3 | ||||||||||||
| Total Revenue Growth | % | ... | 9.21 | 10.5 | 19.3 | 4.24 | 13.6 | ||||||||||||
| Operating Cost Growth | % | ... | 15.8 | 18.3 | 18.3 | -5.77 | 22.2 | ||||||||||||
| Operating Profit Growth | % | ... | 1.49 | -0.125 | 20.9 | 19.8 | 3.13 | ||||||||||||
| Pre-Tax Profit Growth | % | ... | 5.77 | -17.6 | 21.2 | -29.7 | -94.8 | ||||||||||||
| Net Profit Growth | % | ... | 16.8 | -20.9 | 19.9 | -28.1 | -98.0 | ||||||||||||
| market share | |||||||||||||||||||
| Market Share in Revenues | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 40.1 | 38.8 | 41.1 | 38.6 | 36.8 | ... | ||
| Market Share in Net Profit | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 30.3 | 26.3 | 31.2 | 29.7 | ... | ... | ... |
| balance sheet | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| balance sheet | |||||||||||||||||||
| Cash | INR bil | 896 | 1,141 | 1,443 | 1,604 | 1,610 | |||||||||||||
| Interbank Loans | INR bil | 557 | 531 | 643 | 441 | 1,122 | |||||||||||||
| Customer Loans | INR bil | 13,926 | 15,783 | 16,922 | 18,703 | 18,969 | |||||||||||||
| Fixed Assets | INR bil | 101 | 115 | 133 | 162 | 519 | |||||||||||||
| Total Assets | INR bil | 21,331 | 23,960 | 27,001 | 30,735 | 34,451 | |||||||||||||
| Shareholders' Equity | INR bil | 1,293 | 1,523 | 1,669 | 1,869 | 2,237 | |||||||||||||
| Of Which Minority Interest | INR bil | 42.5 | 49.1 | 55.0 | 62.7 | 64.8 | |||||||||||||
| Liabilities | INR bil | 20,038 | 22,437 | 25,332 | 28,866 | 32,215 | |||||||||||||
| Interbank Borrowing | INR bil | 620 | 661 | 440 | 392 | 310 | |||||||||||||
| Customer Deposits | INR bil | 15,898 | 17,963 | 20,339 | 22,380 | 25,998 | |||||||||||||
| Sight Deposits | INR bil | 1,278 | 1,340 | 1,458 | 1,639 | 1,889 | |||||||||||||
| Term Deposits | INR bil | 14,621 | 16,623 | 18,880 | 20,741 | 24,109 | |||||||||||||
| Issued Debt Securities | INR bil | 2,037 | 2,238 | 2,447 | 3,614 | 3,364 | |||||||||||||
| Other Liabilities | INR bil | 1,483 | 1,575 | 2,107 | 2,480 | 2,543 | |||||||||||||
| asset quality | |||||||||||||||||||
| Non-Performing Loans | INR bil | 639 | 807 | 746 | 1,235 | 1,792 | |||||||||||||
| Gross Loans | INR bil | 14,278 | 16,168 | 17,290 | 19,239 | 19,784 | |||||||||||||
| Total Provisions | INR bil | ... | 352 | 385 | 368 | 537 | 815 | ||||||||||||
| growth rates | |||||||||||||||||||
| Customer Loan Growth | % | ... | 19.7 | 13.3 | 7.22 | 10.5 | 1.42 | ||||||||||||
| Total Asset Growth | % | ... | 16.6 | 12.3 | 12.7 | 13.8 | 12.1 | ||||||||||||
| Shareholders' Equity Growth | % | ... | 17.6 | 17.8 | 9.59 | 12.0 | 19.7 | ||||||||||||
| Customer Deposit Growth | % | ... | 14.5 | 13.0 | 13.2 | 10.0 | 16.2 | ||||||||||||
| market share | |||||||||||||||||||
| Market Share in Customer Loans | % | ... | ... | ... | 25.2 | 24.6 | 23.8 | 23.5 | 23.0 | ... | |||||||||
| Market Share in Total Assets | % | 24.6 | 23.7 | 24.2 | 24.4 | 24.3 | ... | ||||||||||||
| Market Share in Customer Deposits | % | 25.3 | 25.0 | 24.9 | 24.5 | 24.4 | ... |
| ratios | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| ratios | |||||||||||||||||||
| ROE | % | 15.0 | 10.1 | 10.6 | 6.91 | 0.118 | |||||||||||||
| ROA | % | 0.904 | 0.626 | 0.667 | 0.423 | 0.007 | |||||||||||||
| Costs (As % Of Assets) | % | 2.74 | 2.84 | 2.98 | 2.48 | 2.69 | |||||||||||||
| Costs (As % Of Income) | % | 57.3 | 61.4 | 60.9 | 55.0 | 59.2 | |||||||||||||
| Capital Adequacy Ratio | % | 12.8 | 12.2 | 12.0 | 12.9 | 13.0 | |||||||||||||
| Tier 1 Ratio | % | 9.46 | 9.50 | 9.49 | 9.87 | 10.4 | |||||||||||||
| Net Interest Margin | % | 1.13 | 1.00 | 0.934 | 0.732 | 0.526 | |||||||||||||
| Interest Spread | % | ... | 0.787 | 0.648 | 0.585 | 0.408 | 0.218 | ||||||||||||
| Asset Yield | % | 6.52 | 6.37 | 6.16 | 5.69 | 5.10 | |||||||||||||
| Cost Of Liabilities | % | ... | 5.74 | 5.72 | 5.58 | 5.28 | 4.88 | ||||||||||||
| Payout Ratio | % | 15.8 | 15.8 | 15.6 | 16.5 | 874 | |||||||||||||
| Interest Income (As % Of Revenues) | % | 23.7 | 21.7 | 19.1 | 16.2 | 11.6 | |||||||||||||
| Fee Income (As % Of Revenues) | % | 15.1 | 15.0 | 13.3 | 14.3 | 14.3 | |||||||||||||
| Other Income (As % Of Revenues) | % | 61.2 | 63.3 | 67.6 | 69.4 | 74.1 | |||||||||||||
| Equity (As % Of Assets) | % | 6.06 | 6.36 | 6.18 | 6.08 | 6.49 | |||||||||||||
| Loans (As % Of Deposits) | % | 87.6 | 87.9 | 83.2 | 83.6 | 73.0 | |||||||||||||
| Loans (As % Assets) | % | 65.3 | 65.9 | 62.7 | 60.9 | 55.1 | |||||||||||||
| NPLs (As % Of Loans) | % | 4.47 | 4.99 | 4.32 | 6.42 | 9.06 | |||||||||||||
| Provisions (As % Of NPLs) | % | ... | 55.1 | 47.7 | 49.3 | 43.5 | 45.5 | ||||||||||||
| Provisions (As % Of Loans) | % | ... | 2.53 | 2.44 | 2.18 | 2.87 | 4.30 | ||||||||||||
| Cost of Provisions (As % Of Loans) | % | 1.14 | 1.28 | 1.40 | 2.26 | 3.15 |
| other data | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| other data | |||||||||||||||||||
| Employees | 228,296 | 222,033 | 213,238 | 207,739 | 209,572 | ||||||||||||||
| Sight (As % Of Customer Deposits) | % | 8.04 | 7.46 | 7.17 | 7.33 | 7.27 |
Get all company financials in excel:
By Helgi Library - November 2, 2019
State Bank of India stock traded at INR 271 per share at the end of third quarter of 2019 implying a market capitalization of USD 34,191 mil. Over the last five years, the stock has appreciated by 10.7 implying an annual average growth of 2.06% In absolut...
By Helgi Library - November 2, 2019
State Bank of India generated total banking revenues of INR 492 bil in the third quarter of 2019, up 20% when compared to the same period of last year and 13.6% when compared to the previous quarter. Historically, the bank’s revenues containing of interest, ...
By Helgi Library - November 2, 2019
State Bank of India made a net profit of INR 33.8 bil under revenues of INR 492 bil in the third quarter of 2019, up 486% and 20% respectively when compared to the same period last year. Historically, the bank’s net profit reached an all time high of INR 50.4...
By Helgi Library - November 2, 2019
State Bank of India generated total banking revenues of INR 492 bil in the third quarter of 2019, up 20% when compared to the same period of last year and 13.6% when compared to the previous quarter. Historically, the bank’s revenues containing of interest, ...
By Helgi Library - November 2, 2019
State Bank of India made a net profit of INR 33.8 bil under revenues of INR 492 bil in the third quarter of 2019, up 486% and 20% respectively when compared to the same period last year. Historically, the bank’s net profit reached an all time high of INR 50.4...
By Helgi Library - November 2, 2019
State Bank of India's net interest margin amounted to 2.83% in the third quarter of 2019, up from 2.65% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 3.12% in 4Q2012 and an all time low of ...
By Helgi Library - November 2, 2019
State Bank of India stock traded at INR 271 per share at the end third quarter of 2019 implying a market capitalization of USD 34,191 mil. Since the end of 3Q2014, the stock has appreciated by 10.7 % implying an annual average growth of 2.06 %. In absolute terms, the ...
By Helgi Library - November 2, 2019
State Bank of India stock traded at INR 271 per share at the end third quarter of 2019 implying a market capitalization of USD 34,191 mil. Since the end of 3Q2014, the stock has appreciated by 10.7 % implying an annual average growth of 2.06 %. In absolute terms, the ...
By Helgi Library - November 2, 2019
State Bank of India's net interest margin amounted to 2.83% in the third quarter of 2019, up from 2.65% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 3.12% in 4Q2012 and an all time low of ...
By Helgi Library - November 2, 2019
State Bank of India stock traded at INR 271 per share at the end of third quarter of 2019 implying a market capitalization of USD 34,191 mil. Over the last five years, the stock has appreciated by 10.7 % implying an annual average growth of 2.06 %. In absolute terms, ...
State Bank of India has been growing its revenues and asset by 13.6% and 11.5% a year on average in the last 10 years. Its loans and deposits have grown by 11.5% and 11.5% a year during that time and loans to deposits ratio reached 76.1% at the end of 2018. The company achieved an average return on equity of 8.44% in the last decade with net profit growing -14.5% a year on average. In terms of operating efficiency, its cost to income ratio reached 65.5% in 2018, compared to 59.9% average in the last decade.
Equity represented 6.19% of total assets or 10.8% of loans at the end of 2018. State Bank of India's non-performing loans were 7.44% of total loans while provisions covered some 62.0% of NPLs at the end of 2018.
State Bank of India stock traded at INR 321 per share at the end of 2018 resulting in a market capitalization of USD 41,016 mil. Over the previous five years, stock price rose by 55.7% or 9.25% a year on average. That’s compared to an average ROE of 3.33% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 124x and price to book value (PBV) of 1.19x in 2018.
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