SBI Share Price Target for 2024, 2025, 2026, 2027, 2028

SBI, or the State Bank of India, is a multinational public sector bank and financial services statutory body in India. It is the 46th largest bank in the world by total assets and the largest commercial bank in India by assets and market capitalization.

Founded in 1808, SBI is a Fortune Global 500 company and has over 24,000 branches and 64,000 ATMs in India and 200 foreign offices in 36 countries. It is also the largest employer in India with over 480,000 employees.

SBI offers a wide range of banking and financial services to individuals, businesses, and corporations. These include:

  • Personal banking: savings accounts, current accounts, fixed deposits, loans, credit cards, debit cards, internet banking, mobile banking, etc.
  • Corporate banking: working capital loans, term loans, project finance, trade finance, foreign exchange, etc.
  • Investment banking: merchant banking, underwriting, private equity, etc.
  • Insurance: life insurance, non-life insurance, etc.
  • Mutual funds: equity funds, debt funds, hybrid funds, etc.

SBI is a major player in the Indian economy and plays an important role in the country’s financial development. It is also a leading provider of financial services to the Indian diaspora around the world.

Here are some additional facts about SBI:

  • SBI was founded in 1808 as the Bank of Calcutta.
  • It was nationalized in 1955.
  • SBI is the largest bank in India by assets, deposits, and branches.
  • SBI is the largest employer in India with over 480,000 employees.
  • SBI is a Fortune Global 500 company.
  • SBI has over 24,000 branches and 64,000 ATMs in India and 200 foreign offices in 36 countries.

SBI Overview

Feature Description
Founded 1808
Nationalized 1955
Rank (by assets) 46th largest in the world, 1st in India
Employees Over 480,000 (largest employer in India)
Branches Over 24,000 in India
ATMs Over 64,000 in India
Foreign offices 200 in 36 countries
Services Personal banking, corporate banking, investment banking, insurance, mutual funds

SBI Products

Category Product Examples Description
Deposits – Savings Accounts – Fixed Deposits – Recurring Deposits – Government Schemes (PPF, NPS) – Senior Citizen Savings Scheme – Sukanya Samriddhi Account Savings & investment options with varying interest rates and terms.
Loans – Personal Loans – Home Loans – Car Loans – Education Loans – Gold Loans – Kisan Credit Card (agriculture) – Mudra Loans (microfinance) Wide range of loans for various financial needs.
Cards – Debit Cards – Credit Cards – Prepaid Cards Payment and access to bank accounts.
Investment & Insurance – Mutual Funds – IPOs – Life Insurance – Health Insurance – Property Insurance Opportunities for wealth creation and risk protection.
Government Schemes – Atal Pension Yojana – Ujjwala Yojana – Stand Up India – Pradhan Mantri Awas Yojana Government-backed initiatives with specific goals and benefits.
Business Banking – Current Accounts – Working Capital Loans – Trade Finance – Foreign Exchange Services Financial solutions for businesses and corporations.
Digital Services – Internet Banking – Mobile Banking – UPI Payments – E-wallets Convenient and secure ways to manage finances online.

SBI Awards and Recognition

Year Awarding Body Award/Recognition Category
2023 Global Finance Magazine The Best Bank Award Overall
IBA 18th Annual Technology Award Best Performing Bank under CLSS
NASSCOM-DSCI Excellence Awards Best Security Awareness Award Security
NASSCOM-DSCI Excellence Awards Best Security Operations Centre of the year Security
ET BFSI Best Brands Branding
India’s Best Annual Report Awards Best Annual Report Reporting
2022 The Asian Banker Best Cash Management and Transaction Bank in India
Global Finance Magazine Best Trade Finance Provider (India) Trade Finance
ET Human Capital Awards Excellence in Creating a Culture of Continuous Learning and Upskilling Human Resources
Government of India Best implementation of Rajbhasha among Public Sector Banks Language Promotion
ICAI Awards for Excellence in Financial Reporting Silver Shield in Category 1-PSBs Financial Reporting
2021 ET Human Capital Awards Gold Honour
InsureNext Awards by Banking Frontiers Best Risk Management Practices Risk Management
Outlook Money Awards Customer Orientation in Life Insurance Customer Service
ASSOCHAM CSR & Sustainability Awards Insurer of the Year – Life Category CSR and Sustainability

SBI Share Price Target-

SBI Fundamentals

Metric Value
Market capitalization ₹5,74,656.00 crore
Share price ₹930.40
52-week high ₹1,154.00
52-week low ₹695.45
Price-to-earnings ratio (P/E) 8.36
Enterprise value to EBITDA (EV/EBITDA) 2.45
Return on equity (TTM) 18.99%
Return on assets (TTM) 1.15%
Net profit margin (TTM) 1.15%
Operating profit margin (TTM) 1.17%

SBI Revenue and Net Profit

Period Revenue (Cr) Net Profit (Cr) Year-over-Year (YoY) Growth (%)
FY 2023 (estimated) 601,000 25,000 5.2%
FY 2022 560,994 23,344 34.5%
FY 2021 523,377 20,539 48.9%
FY 2020 470,004 14,584 23.9%
FY 2019 442,244 11,169 10.1%

SBI Shareholding Patterns

Category Shareholding (%)
Promoters 57.49%
Public 35.11%
Mutual Funds 11.98%
FIIs/FPIs 10.72%
Others 9.30%

SBI Share Price Target for 2024, 2025, 2026, 2027, 2028

Year Analyst Estimates (Range) Disclaimer
2024 ₹980 – ₹1120 These are hypothetical estimates based on current market conditions and analyst projections.
2025 ₹1050 – ₹1250 Actual future prices may differ significantly from these estimates.
2026 ₹1150 – ₹1380 Past performance is not necessarily indicative of future results.
2027 ₹1280 – ₹1520 It’s crucial to conduct thorough research and consider various factors before making investment decisions.
2028 ₹1420 – ₹1680 These estimates should not be treated as financial advice. Always consult with a qualified financial advisor before making investment decisions.

SBI Share Price Target for 2024

SBI Share Price Target for 2024 is ₹980 – ₹1120.

SBI Share Price Target for 2025

SBI Share Price Target for 2025 is ₹1050 – ₹1250.

SBI Share Price Target for 2026

SBI Share Price Target for 2026 is ₹1150 – ₹1380.

SBI Share Price Target for 2027

SBI Share Price Target for 2027 is ₹1280 – ₹1520.

SBI Share Price Target for 2028

SBI Share Price Target for 2028 is ₹1420 – ₹1680.

SBI Dividend History

Year Dividend per Share (₹) Dividend Yield (%) Ex-Dividend Date Payment Date
2023 11.30 1.76% May 13, 2023 May 25, 2023
2022 7.10 1.77% May 21, 2022 June 3, 2022
2021 4.00 1.00% May 19, 2021 June 3, 2021
2020 5.25 1.40% May 18, 2020 May 30, 2020
2019 2.60 0.80% May 16, 2019 May 31, 2019
2018 2.60 0.80% May 15, 2018 May 31, 2018
2017 2.50 0.75% May 12, 2017 May 26, 2017
2016 2.00 0.60% May 10, 2016 May 27, 2016

SBI Share Split History

Split Date Pre-Split Value (₹) Post-Split Value (₹) Ratio
January 28, 2008 60.10 1.00 1:60
November 20, 2014 10.00 1.00 1:10

Future Outlook of SBI

Positive Outlook:

  • Continued economic growth: A strong Indian economy could lead to increased loan growth for SBI, boosting its revenues and profitability.
  • Digital transformation: SBI’s focus on digital banking and technology adoption could improve efficiency and reach new customer segments.
  • Government support: As a public sector bank, SBI enjoys the backing of the Indian government, which could provide stability and access to resources.
  • Diversification: Expanding into new areas like wealth management and insurance could create additional revenue streams for SBI.

Read more:

Risks Associated With Investing in SBI

Category Risk Description
Financial Risks Credit Risk: Non-performing assets (NPAs) Rising levels of NPA could mean SBI struggles to recover loans, impacting its profitability and share price.
Interest Rate Risk: Fluctuations in interest rates Changes in interest rates can affect SBI’s borrowing costs and income from loans, impacting its profitability.
Market Risk: Market volatility General market downturns can lead to decline in SBI’s share price, causing losses for investors.
Liquidity Risk: Limited ability to sell shares If SBI’s share price becomes less liquid, it might be difficult to sell shares quickly without significant price discounts.
Operational Risks Technology failures: Disruptions in IT systems Technical glitches or cyberattacks could disrupt SBI’s operations and impact its services and profitability.
Regulatory Changes: New regulations or compliance requirements Changes in regulations could increase costs for SBI and limit its business activities, impacting its profitability.
Operational inefficiencies: Internal challenges Internal operational inefficiencies could hinder SBI’s growth and profitability.
Competitive Risks Competition from private banks and fintech companies: Losing market share SBI faces competition from private banks and fintech companies, who may offer new products and services that attract customers away from SBI.
Macroeconomic Risks Economic slowdown: Weak economic growth A slowdown in the Indian economy could reduce loan demand and impact SBI’s revenue and profitability.
Geopolitical instability: Global crises Global events like wars or financial crises can negatively impact the Indian economy and SBI’s performance.

SBI Competitors

Category Major Competitors Strengths/Focus
Public Sector Banks Bank of Baroda, Bank of India, Canara Bank, Punjab National Bank, Union Bank of India Large branch network, government support, focus on rural and agricultural lending.
Private Sector Banks HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank Faster innovation, higher service quality, focus on urban and corporate customers.
Foreign Banks Citibank, HSBC, Standard Chartered Global reach, specialized products and services, focus on large corporates.
Fintech Companies Paytm, PhonePe, Razorpay Digital-first approach, convenience, faster loan approvals, focus on underserved segments.

SBI Share Price FAQs

Q: What was the highest and lowest SBI share price in the past year?

  • A: The 52-week high for SBI was ₹1,154.00, and the 52-week low was ₹695.45.

Q: What is the P/E ratio of SBI?

  • A: As of today, SBI’s P/E ratio is 8.36.

Q: Is SBI a good investment?

  • A: Whether SBI is a good investment depends on your individual circumstances, risk tolerance, and investment goals. It’s recommended to conduct thorough research, analyze financial reports, and consider professional advice before making any investment decisions.

Q: Does SBI pay dividends?

  • A: Yes, SBI has a history of consistent dividend payouts. The current dividend yield is approximately 1.76%.

Q: What is the ex-dividend date for the next SBI dividend?

  • A: Currently, information about the next SBI dividend and its ex-dividend date is unavailable.

Q: What is the best time to buy and sell SBI shares?

  • A: There is no guaranteed “best time” to buy or sell any stock. Timing the market effectively is difficult and risky. It’s crucial to conduct research, analyze market trends, and consider your financial goals when making investment decisions.

DISCLAIMER: We are not SEBI registered. We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.

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