Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Banks - Regional

State Bank of India provides banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments. It offers personal banking products and services, including current accounts, savings accounts, salary accounts, and fixed and recurring deposits; home, personal, auto, education, and gold loans, as well as loans against insurance policies, property, and securities; overdrafts; mutual funds, insurance, equity trading, portfolio investment schemes, remittance services; digital lending; and mobile, internet, and digital banking services. The company also provides corporate banking products and services comprising corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer and channel financing, equipment leasing, loan syndication, construction equipment loans, financing Indian firms' overseas subsidiaries or JVs, and cash management, as well as trade and service products. In addition, it offers NRI services, including accounts and deposits, remittances, investments, and loans; agricultural banking services; supply chain finance, and deposits and transaction banking services for SME customers; and international banking services. Further, the company provides life and general insurance; estate planning services; and merchant banking, advisory, securities broking, business & management consultancy, trusteeship service, factoring, payment solution, asset management, investment management, credit cards, and custody and fund accounting services. The company was founded in 1806 and is headquartered in Mumbai, India.

Revenue projections:

Revenue projections for SBIN
Revenue projections for SBIN

Revenues for SBIN are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 0.000000
forwardPE 9.217228
debtToEquity 0.000000
earningsGrowth -0.083000
revenueGrowth 0.022000
grossMargins 0.000000
operatingMargins 0.286550
trailingEps 86.950000
forwardEps 82.670000

SBIN's low earnings and revenue growth suggest shrinking profits. This negative trend could indicate that the company is struggling to maintain its financial performance and may face challenges ahead.
SBIN's negative gross and operating margins indicate that the company is operating at a loss. This reflects an inability to cover production costs and operational expenses, which could undermine its financial stability.
SBIN's forward EPS being less than trailing EPS suggests the company may see a drop in profitability this year. This signals potential financial challenges and a less optimistic outlook for earnings growth.

Price projections:

Price projections for SBIN
Price projections for SBIN

Price projections for State Bank of India have been revised upward over time, signaling increasing optimism about the company's future. This steady increase reflects a positive outlook for State Bank of India's growth and market performance.

Insider Transactions:

Insider Transactions for SBIN
Insider Transactions for SBIN


4 sell transactions of SBIN were recorded, with market price hovering near 868.0874938964844.SBIN saw 1 transactions to buy shares, with a market price of 856.7000122070312.With more buying than selling around SBIN's current price, investors could be expressing optimism. This trend may suggest that the market expects favorable outcomes for the stock, leading to an increased demand at these levels.

Recommendation changes over time:

Recommendations trend for SBIN
Recommendations trend for SBIN


Analysts are favoring State Bank of India with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider State Bank of India as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.