SBI Quarter 1 Results: State Bank of India (SBI), the country’s largest lender, released the quarterly results on Friday. In the first quarter results of FY 2025-26, the bank’s net profit increased by 12 percent to Rs 19,160 crore. The bank’s profit during the same period last year was Rs 17,035 crore.

In the information given to the stock market, SBI said that its total income increased to Rs 1,35,342 crore in the April-June quarter, which was Rs 1,22,688 crore in the same period a year ago.

Interest income increase

The earnings from the bank’s interest increased to Rs 1,17,996 crore, compared to Rs 1,11,526 crore in the same quarter last year. That is, it has increased by 5.8 percent year after year. Along with this, during this period, the bank’s expenditure on interest was Rs 70,410 crore a year ago, while it has now increased to Rs 76,923 crore.

Operating profit boom

The operating profit of the country’s largest PSU bank also increased from Rs 26,449 crore to Rs 30,544 crore on an annual basis. Talking about Asset Quality, the bank’s gross non-performing assets (Gross NPA) declined to 1.83 percent at the end of the June quarter, which was 2.21 percent a year ago. Similarly, Pure NPA also declined from 0.57 percent to 0.47 percent on an annual basis.

With this, during the June quarter, SBI’s gross advocacy jumped 11.61 percent to 42.55 lakh crore. SME loan is 19.10 percent, retail personal loan 12.56 percent, corporate loan is 5.70 percent and agricultural loan is 12.67 percent.

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State bank of india: Shares of State Bank of India are also trading with a lead of about 3 percent like many other banks on Monday, April 21, Monday. With this, the Nifty Bank Index has reached the record high. This is the fifth consecutive day when the shares of the State Bank are seeing a boom. During this time its stock has increased by more than 10.5.

However, after the Nifty Bank reached a low of 47,702 on March 11, SBI’s stock performed less than the highest profit earning banks. SBI shares are trading at Rs 822.5 with a lead of 3.1 percent on Monday. The stock has now reached its 52-week high level of Rs 912.

Investors focus on Q4 results of SBI

SBI is the second lowest profit -making bank on the index with a return of 12.3 percent. During this time only Federal Bank’s return was 11 percent. On one hand, private sector banks like HDFC and ICICI earned well with great profits. Their market valuation increased. Now Sara’s entire focus is on State Bank of India, will it also have a good performance in the March quarter like other private sector banks? However, the bank has not yet given information about when the board meeting will be held to announce the results.

Bank shares are giving positive returns

This is the second month when SBI shares have gained an edge. Earlier in March, there was an increase in the bank’s stock up to 12 percent. With this, there was a break on the fall for three months. SBI shares have given positive returns in the last four years. Investors are now confident of loss of loss due to the rise in its shares in March and April. SBI shares are trading with an increase of 3.5 percent year after year.

Bank shares received so much rating

With an edge on Monday, SBI is trading above its 200 -day moving average, which was earlier at 797 levels. Its relative strength index (RSI) is ‘Overbott’, which is currently 69. RSI reading above 70 means that the stock is in the ‘Overbott’ area. 40 out of 50 analysts have given the bank ‘BUY’ rating. Nine has given a ‘Hold’ rating. While one has given the stock a rating of ‘Sell’. Choice Broking has kept SBI’s target price of Rs 1,102, while foreign brokerage CLSA has the highest target price of Rs 1,050 on this stock.

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