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Will SBI see re-rating after strong Q3FY26 results?

in Data Story, Market
Reading Time: 2 mins read
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Data Story: SBI Q3FY25 Financials
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Debasis Mohapatra

Bengaluru, 9 Feb 2026

India’s largest bank, SBI posted strong third quarter results with sound increase in net profit. The bank, whose performance is seen as a barometer of Indian economy, saw its asset quality improving in Q3FY26.

Here is a snapshot:

Q3FY26 Performance: Standalone

ParticularQ3FY26Rise/Fall YoY
Net ProfitRs 21,028 crore24.5% ↑
Net Interest IncomeRs 45,190 crore9% ↑
Net Interest Margin3.12%3 basis points ↓
Total DepositsRs 57.01 lakh crore9.02% ↑
Gross AdvancesRs 46.83 lakh crore15.14% ↑

Asset Quality & other key ratios:

ParticularQ3FY26Rise/Fall YoY
Gross NPA1.57%50 bps improvement
Net NPA0.39%14 bps improvement
Loan Loss ProvisionRs 3,216 crore39.5% ↑
Credit Cost0.29%5 bps ↑
CASA Ratio (Share of Domestic Deposits)39.13%7 bps ↓

Source: The information has been sourced from exchange filings by Data Biz Times team.

Disclaimer: The information is for educational purposes only.

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