SBI: Find Full Form, Profile, Latest revenue and financial details

What is the full form of SBI?

The full form of SBI is the State Bank of India and it is the largest public sector bank in India. Established in 1806 as the Bank of Calcutta, SBI is the first and the oldest commercial bank in India. Headquartered in Mumbai, SBI has over 22,000 branches, 62617 ATMs, and 71,968 Business correspondents outlets as of October 2021.

SBI

Genesis & Profile of State Bank of India

Brief Profile of State Bank Of India: The State Bank of India was incorporated in 1806, having its headquarters at Madame Cama Road, Nariman Point, Mumbai. Over the last 216 years, SBI has entered into many new businesses with strategic tie ups with pension funds, general insurance, custodial services, private equity, mobile banking, etc.

Inception of State Bank Of India: SBI was originally known as the Bank of Calcutta, founded in 1806. The Bank of Madras, Bank of Calcutta and Bank of Bombay merged in 1955 to form Imperial Bank of India. In 1955, the Reserve Bank of India gained 60% stake in Imperial Bank of India and renamed it as the ‘State Bank of India’. 

Chairman & Directors: Mr Dinesh Kumar Khara is the chairman of State Bank of India (SBI) with Mr C.S. Setty and Mr Ashwani Bhatia presiding as the managing directors of the State Bank of India.

Customer Segment & Area of Operations of State Bank of India

SBI offers a plethora of products and services such as:

  • Personal banking (net banking and mobile banking)
  • Corporate banking
  • Agricultural and Rural banking
  • Non-Resident Individuals (NRI) banking
  • Small and Medium Enterprises (SMEs) deposits and loans
  • International Banking 
  • Global banking
  • Credit cards, debit cards, fixed deposits, recurring deposit 
  • Loan Disbursement (personal loan, home loan, business loan, loan against property, car loan, gold loan, etc.)
  • Forex banking

Apart from the above, SBI’s non-banking subsidiaries include SBI capital markets Ltd, SBI cards and payments services ltd, SBI Life insurance company ltd. 

Confidence Booster for Investors:

  • The share price of SBI has steadily grown at a CAGR of 11% in the past 5 years and by 17% in the last 3 years.

Shareholding pattern:

The table below highlights the approximate shareholding pattern of the State Bank of India as of September 2020.

SEP 2021 DEC 2021 MAR 2022
Promoters 57.62% 57.6% 57.59%
FIIs 10.55% 10.37% 9.97%
DIIs 24.17% 24.1% 24.66%
Government 0.15% 0.15% 0.15%
Public 7.51% 7.78% 7.63%

*Data as on 4th May 2022

Annual & Quarterly Results:

1. Quarterly results of SBI

               (Rs in Cr.)

Mar 2021 Jun 2021 Sep 2021 Dec 2021
Revenue Rs. 68,033 Rs. 68,960 Rs. 73,029 Rs. 73,376
Expenses Rs. 55,380 Rs. 44,698 Rs. 42,676 Rs. 52,015
Financing Profit Rs. -25737 Rs. -13987 Rs. -8285 Rs. -18002
Financing Margin Rs. -38 Rs. -20 Rs. -11 Rs. -25
Other Income Rs. 35,398 Rs. 24,307 Rs. 20,696 Rs. 31,152
Interest Rs. 38,389 Rs. 38,249 Rs. 38,638 Rs. 39,363
Depreciation 0 0 0 0
Profit before tax Rs. 9,661 Rs. 10,320 Rs. 12,411 Rs. 13,150
Tax Rs. 25 Rs. 27 Rs. 26 Rs. 26
Net Profit Rs. 6,126 Rs. 7,380 Rs. 8,890 Rs. 9,555

*Data as of 4th May 2022

2. Balance sheet of SBI

Mar 2019 Mar 2020 Mar 2021
Share Capital 892 892 892
Reserves 233,603 250,168 274,669
Borrowings 3,354,289 3,607,061 4,149,127
Other Liabilities 299,676 339,364 420,926
Total Liabilities 3,888,460 4,197,486 4,845,615
Fixed Assets 39,941 39,608 39,699
Cwip 762 470 468
Investments 1,119,270 1,228,284 1,595,100
Other Assets 2,728,487 2,929,123 3,210,348
Total Assets 3,888,460 4,197,486 4,845,615
Inventories 0 0 0
Trade Receivables 0 0 0
Cash & Bank 225,512 254,315 347,707
Loans and Advances 276,125 300,503 371,494
Trade Payables 0

*Data as of 4th May 2022

Important Financial Ratios of SBI 

Market Cap (Cr): Rs 434,852 Face Value: Rs 1 EPS: Rs 35.8
Book Value: Rs 309 ROCE (%): 4.53 Debt to Equity: 15.1
Stock PE: 11.7 ROE (%): 8.21  Dividend Yield (%): 0.81 
Promoter’s Holdings (%): 57.6 Total Debt (Cr): Rs 4,149,127

*Data as of 4th May 2022

Star rating of SBI

0.5 out of 5

*Data as of 4th May 2022

Samco’s stock rating helps you understand how well the company has managed its ratios and other finances. This rating is evaluated with the help of two million stock rating parameters.

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