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.


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 2021DEC 2021MAR 2022

*Data as on 4th May 2022

Annual & Quarterly Results:

1. Quarterly results of SBI

               (Rs in Cr.)

Mar 2021Jun 2021Sep 2021Dec 2021
RevenueRs. 68,033Rs. 68,960Rs. 73,029Rs. 73,376
ExpensesRs. 55,380Rs. 44,698Rs. 42,676Rs. 52,015
Financing ProfitRs. -25737Rs. -13987Rs. -8285Rs. -18002
Financing MarginRs. -38Rs. -20Rs. -11Rs. -25
Other IncomeRs. 35,398Rs. 24,307Rs. 20,696Rs. 31,152
InterestRs. 38,389Rs. 38,249Rs. 38,638Rs. 39,363
Profit before taxRs. 9,661Rs. 10,320Rs. 12,411Rs. 13,150
TaxRs. 25Rs. 27Rs. 26Rs. 26
Net ProfitRs. 6,126Rs. 7,380Rs. 8,890Rs. 9,555

*Data as of 4th May 2022

2. Balance sheet of SBI

Mar 2019Mar 2020Mar 2021
Share Capital892892892
Other Liabilities299,676339,364420,926
Total Liabilities3,888,4604,197,4864,845,615
Fixed Assets39,94139,60839,699
Other Assets2,728,4872,929,1233,210,348
Total Assets3,888,4604,197,4864,845,615
Trade Receivables000
Cash & Bank225,512254,315347,707
Loans and Advances276,125300,503371,494
Trade Payables0

*Data as of 4th May 2022

Important Financial Ratios of SBI 

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