The bank has fixed May 16, 2026, as the record date for determining the eligibility of shareholders entitled to receive the dividend. The dividend payment is scheduled to be made on June 4, 2026, the bank said in a regulatory filing on Friday.
The announcement came alongside State Bank of India’s Q4FY26 earnings, where the lender reported a 6% year-on-year rise in standalone net profit to Rs 19,684 crore, compared with Rs 18,643 crore in the corresponding quarter last year.
Net interest income (NII), which represents the difference between interest earned and interest expended, increased 4% year-on-year to Rs 44,380 crore during the March quarter.
However, operating profit for the quarter declined 11% year-on-year to Rs 27,704 crore from Rs 31,286 crore reported in the year-ago period.
SBI’s provisions during the quarter dropped sharply to around Rs 2,872 crore compared with Rs 6,442 crore in the same quarter last year. Provisions for non-performing assets also declined to Rs 3,140 crore from Rs 3,964 crore a year earlier.
Margins softened during the quarter. Domestic net interest margin stood at 2.93%, down 21 basis points YoY and 18 basis points QoQ. Whole-bank NIM for Q4 FY26 stood at 2.81%, while domestic NIM for FY26 stood at 3.03%.For FY26, SBI posted a net profit of Rs 80,032 crore, up 12.88% from Rs 70,901 crore in FY25. Operating profit for the year rose 11.25% to Rs 1.23 lakh crore, while NII increased 4.08% to Rs 1.73 lakh crore. The bank’s return on assets stood at 1.12% and return on equity at 18.57% for FY26.
On the balance sheet side, SBI’s total business crossed Rs 109 lakh crore, with deposits at Rs 59.8 lakh crore and advances at Rs 49.3 lakh crore.
Gross advances rose 17% YoY to Rs 49.32 lakh crore as of March 2026. Domestic corporate advances grew 15% to Rs 14.24 lakh crore, while domestic retail personal advances rose 15% to Rs 17.35 lakh crore. Home loans grew 14% to Rs 9.44 lakh crore.
Deposits rose 11% YoY to Rs 59.75 lakh crore. Domestic CASA deposits increased 10% to Rs 22.62 lakh crore, while domestic term deposits grew 12% to Rs 34.7 lakh crore. CASA ratio stood at 39.46% as of March 2026.
Asset quality improved. Gross NPA ratio declined to 1.49% from 1.82% a year earlier, improving 33 basis points. Net NPA ratio improved to 0.39% from 0.47%. Gross NPAs stood at Rs 73,452 crore, down 4.46% YoY, while net NPAs stood at Rs 18,830 crore, down 4.25% YoY.
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