SBI share price declines over 1.5%: 10 key factors to know from Q4 earnings

State Bank of India (SBI) shares on Monday, May 5, were trading lower during the early session after the largest lender in India reported a decline in its net profit for the quarter ending March 31, 2025.

Shares of SBI were trading at ₹787.15 apiece on the National Stock Exchange, declining 1.61%.

Here are key factors to know from Q4 earnings

1. SBI reported a net profit of ₹18,642.59 crore in the January-March quarter (Q4 FY25), marking a decline of 10% from ₹20,698.35 crore logged in the corresponding quarter of the previous fiscal year. For 2024-25, its operating profit came in at ₹1.10 lakh crore, up from over ₹93,000 crore in the year-ago period.

2. SBI's provisions for non-performing assets jumped 20% annually to ₹3,964.23 crore as against ₹3,293.94 crore registered in the year-ago period. Sequentially, provisions jumped 72%.

3. The Mumbai-based lender's net interest income, or the difference between interest earned and interest expended, came in at ₹42,774.63 crore as against ₹41,655.19 crore in the year-ago period. Whole bank net interest margin (NIM) for Q4 FY25 stood at 3%. Read more

4. SBI's asset quality showed improvement in the fourth quarter of the financial year 2024-25, as its gross non-performing assets, as a percentage of total advances, came in at 1.82% as against 2.07% in the previous quarter.

5. Its net non-performing assets came in at 0.47% as against 0.53% in the previous quarter. In absolute terms, gross non-performing assets were ₹76,880.20 crore, while net non-performing assets were ₹19,666.92 at the end of the March quarter.

6. SBI's whole bank advances surged 12% annually to ₹42 akh crore, with domestic advances growing at 11.56%. Its capital adequacy ratio (CAR) as of the end of FY25 stood at 14.25%.

7. SBI chairman C. S. Setty said the NIMs (net interest margin) will continue to be under pressure in the new fiscal year, especially with the policy rate cuts by RBI, given the fact that 27% of its loans are linked to the repo.

8. During the reporting quarter, corporate loan growth moderated to 9% due to prepayments done by corporates to either deleverage balance sheets or as they raised new equity, Setty said, adding that retail personal credit grew 11%, which included a 14% growth in home loans.

9. The bank's board approved an enabling provision to raise up to ₹25,000 crore in equity capital at its meeting on Saturday, Setty said, adding that it can support loan growth of up to ₹8 lakh crore from the current buffers.

10. The bank's board has declared a dividend of Rs 15.90 per equity share for FY25.