SBI Q4

2024 - 5 - 9

SBI Q4 Results: A Rollercoaster of Profits and Surprises

SBI Results banking sector - dividend - net profit - Q4 Results - SBI - SBI Results

SBI's Q4 results are in! Find out how the largest state-owned bank in India soared to record profits and exceeded expectations.

The State Bank of India (SBI) recently announced its fourth-quarter results, with a staggering 24% rise in net profit to Rs 20,698 crore. This remarkable achievement solidifies SBI's position as a financial powerhouse in the country. The substantial increase in profit was fueled by a strong surge in interest earnings and robust loan demand, showcasing the bank's resilience and market strength.

Moreover, SBI's board recommended a dividend of Rs 13.70 per share, delighting investors and underscoring the bank's commitment to shareholder value. The Q4 results exceeded analysts' expectations, leading to a positive stock market reaction with SBI's stocks hitting record highs. The bank's performance in the last quarter truly highlights its capability to navigate through challenging economic landscapes and emerge victorious.

In a surprising turn of events, brokerages had varying expectations on SBI's performance, with predictions ranging from a slight fall in profit to a significant rise. Despite the speculations, SBI managed to outshine projections and deliver exceptional results, showcasing its ability to outperform market forecasts. As SBI continues to lead the banking sector in India, its consistent growth trajectory positions it as a top contender in the financial realm.

To sum up, SBI's Q4 results are a testament to the bank's resilience, strategic vision, and ability to adapt to changing market dynamics. The significant increase in profits, dividend recommendations, and market response all point towards a robust future for SBI in the Indian financial landscape.

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Image courtesy of "Business Standard"

SBI Q4 results: Profit up 24% YoY to Rs 20698 cr; stock hits record ... (Business Standard)

SBI Q4 results: State Bank of India (SBI), India's largest state-owned bank, reported a standalone net profit of Rs 20,698.35 crore, up 24 per cent ...

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Image courtesy of "Livemint"

SBI Results 2024: Net profit rises 24% to ₹20698 crore, beats ... (Livemint)

SBI Results 2024: SBI's net profit rose 24% YoY to ₹20698 crore in the fourth quarter of FY24, while its net interest income (NII) increased marginally by ...

SBI Q4 Results: PAT jumps 24% YoY to Rs 20698 crore, beats ... (The Economic Times)

SBI Q4 Results: The Board has also recommended a dividend of Rs 13.70 per share. Interest earned during the reported quarter advanced 19% YoY to Rs 1,11043 ...

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Image courtesy of "Business Today"

SBI Q4 results: Profit up 24% at Rs 20698 crore; stock rises 3% (Business Today)

SBI Q4 results: The lender's interest earned grew 19.46 per cent to Rs 1.11 lakh crore during the quarter under review.

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Image courtesy of "The Hindu BusinessLine"

SBI Q4 Results: Profit jumps 24% on strong loan demand (The Hindu BusinessLine)

State Bank of India Q4 FY24 Results: SBI reports 24% profit increase in Q4, driven by strong loan demand and interest earnings growth.

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Image courtesy of "Moneycontrol.com"

SBI gains ahead of Q4 results; Brokerages expect one-time wage ... (Moneycontrol.com)

SBI's NII is likely to grow marginally by 0.7 percent YoY to Rs 40693 crore in Q4FY24, while net profit is expected to see a sharp fall of up to 20 percent ...

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Image courtesy of "दैनिक जागरण"

SBI Q4 Results: स्टेट बैंक ऑफ इंडिया का मुनाफा 18 फीसदी बढ़ा, निवेशकों ... (दैनिक जागरण)

SBI Q4 Results देश के सबसे बड़े सरकारी बैंक स्टेट बैंक ऑफ इंडिया पिछले कारोबारी साल के चौथी तिमाही के नतीजे जारी कर दिये है।

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Image courtesy of "Business Standard Hindi"

SBI Q4 Results: बैंक का नेट प्रॉफिट 24 फीसदी बढ़ा, 13.70 रुपये के डिविडेंड ... (Business Standard Hindi)

SBI Q4 Results: देश के सबसे बड़े सरकारी बैंक स्टेट बैंक ऑफ इंडिया ने आज यानी गुरुवार को वित्त वर्ष 2024 की चौथी तिमाही के अपने नतीजों का ...

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Image courtesy of "BQ Prime Hindi"

SBI Q4 Results: बैंक ने जारी किए शानदार नतीजे, मुनाफे में 24% का उछाल (BQ Prime Hindi)

बीते साल Q4 बैंक की ब्याज आय 40393 करोड़ रुपये रही थी, जो इस साल मार्च तिमाही में 41655 करोड़ रुपये दर्ज की गई.

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Image courtesy of "Economic Times"

SBI Q4 Results Live Update: SBI posts higher-than-expected PAT at ... (Economic Times)

SBI Q4 Results Live Update: On Thursday, the State Bank of India (SBI) announced a standalone net profit of Rs 20698 crore for the quarter ending March 31, ...

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Image courtesy of "Business Today"

SBI Q4 results preview: Profit may fall 3-7% YoY; muted growth in NII ... (Business Today)

SBI Q4 results: Motilal Oswal Securities sees profit falling 3.4 per cent YoY to Rs 16127 crore on 2.6 per cent YoY rise in NII at Rs 41460 crore.

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Image courtesy of "मनी कंट्रोल"

SBI Q4 Results: मार्च तिमाही में 24% बढ़ा मुनाफा, डिविडेंड का ऐलान (मनी कंट्रोल)

SBI march quarter results : स्टेट बैंक ऑफ इंडिया ने इस अवधि में 20698 करोड़ रुपये का मुनाफा कमाया है। पिछले साल की समान तिमाही में बैंक का ...

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Image courtesy of "Moneycontrol.com"

SBI Q4 net profit rises 24% to Rs 20698 cr, GNPA lowest in 10 years (Moneycontrol.com)

SBI's asset quality improves in Q4 as gross NPA ratio improves by 54 bps YoY and net NPA ratio improves by 10 bps YoY.

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Image courtesy of "अमर उजाला"

SBI Q4 Results: भारतीय स्टेट बैंक का शुद्ध मुनाफा 18% बढ़कर 21384 ... (अमर उजाला)

SBI Q4 Results: भारतीय स्टेट बैंक का शुद्ध मुनाफा 18% बढ़कर 21384 करोड़ रुपये हुआ, आमदनी ₹1.28 लाख करोड़ हुई.

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Image courtesy of "The Hindu"

SBI Q4 PAT rises 24% to ₹20698 crore (The Hindu)

SBI's Q4 net profit rises 23.98%, NII increases, loan loss provisions up, NPA declines, FY24 net profit highest ever.

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Image courtesy of "Business Standard Hindi"

SBI Q4 Results 2024: स्टेट बैंक के नतीजे से शेयर बाजार रह गया भौचक, 24 ... (Business Standard Hindi)

SBI Q4 Results 2024: देश के सबसे बड़े ऋणदाता भारतीय स्टेट बैंक (एसबीआई) ने वित्त वर्ष 2023-24 की चौथी तिमाही में दमदार प्रदर्शन किया ...

SBI Q4 results: SBI Q4 net profit surges 24% to a record - The ... (The Economic Times)

Unlike last quarter, the bank did not have to make any provisions for revision of wages and pensions. The Mumbai-based bank has kept a ₹1700-crore buffer ...

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Image courtesy of "India Today"

SBI Q4 results: Net profit rises 24% to Rs 20698 crore; Rs 14 ... (India Today)

State Bank of India (SBI) announced its results for the fourth quarter of FY24 on Thursday, with the standalone net profit increasing by 24% to Rs 20,698 ...

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Image courtesy of "NDTV Profit"

SBI Q4 Results Review: Lower Opex, Healthy Other Income To ... (NDTV Profit)

The State Bank of India is expected to benefit from lower operating expenses, higher treasury gains and healthy fee income in FY25, according to analysts.

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