State Bank of India Past Earnings Performance
Past criteria checks 2/6
State Bank of India has been growing earnings at an average annual rate of 31.9%, while the Banks industry saw earnings growing at 24% annually. Revenues have been growing at an average rate of 18.8% per year. State Bank of India's return on equity is 15.5%, and it has net margins of 21.3%.
Key information
31.9%
Earnings growth rate
32.1%
EPS growth rate
| Banks Industry Growth | 21.2% |
| Revenue growth rate | 18.8% |
| Return on equity | 15.5% |
| Net Margin | 21.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How State Bank of India makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 3,360,277 | 715,560 | 951,612 | 0 |
| 30 Jun 24 | 3,319,633 | 678,728 | 990,936 | 0 |
| 31 Mar 24 | 3,271,339 | 670,847 | 1,000,555 | 0 |
| 31 Dec 23 | 3,148,615 | 637,944 | 999,450 | 0 |
| 30 Sep 23 | 3,029,837 | 682,074 | 951,085 | 0 |
| 30 Jun 23 | 2,885,697 | 668,599 | 888,482 | 0 |
| 31 Mar 23 | 2,652,130 | 556,482 | 841,763 | 0 |
| 31 Dec 22 | 2,322,058 | 471,035 | 843,407 | 0 |
| 30 Sep 22 | 2,182,723 | 411,812 | 818,729 | 0 |
| 30 Jun 22 | 2,140,426 | 353,191 | 814,447 | 0 |
| 31 Mar 22 | 2,241,021 | 353,739 | 817,224 | 0 |
| 31 Dec 21 | 2,104,966 | 319,503 | 735,550 | 0 |
| 30 Sep 21 | 2,008,571 | 286,528 | 741,118 | 0 |
| 30 Jun 21 | 1,840,967 | 250,089 | 739,787 | 0 |
| 31 Mar 21 | 1,747,093 | 224,055 | 732,219 | 0 |
| 31 Dec 20 | 1,617,798 | 231,899 | 714,851 | 0 |
| 30 Sep 20 | 1,609,156 | 234,643 | 697,120 | 0 |
| 30 Jun 20 | 1,513,886 | 215,938 | 683,602 | 0 |
| 31 Mar 20 | 1,499,584 | 197,678 | 673,098 | 0 |
| 31 Dec 19 | 1,514,422 | 141,023 | 645,387 | 0 |
| 30 Sep 19 | 1,423,277 | 122,795 | 641,496 | 0 |
| 30 Jun 19 | 1,356,964 | 94,806 | 624,440 | 0 |
| 31 Mar 19 | 1,178,694 | 22,996 | 611,820 | 0 |
| 31 Dec 18 | 1,069,300 | -64,869 | 590,864 | 0 |
| 30 Sep 18 | 875,249 | -130,826 | 563,417 | 0 |
| 30 Jun 18 | 779,015 | -118,186 | 542,211 | 0 |
| 31 Mar 18 | 839,096 | -45,563 | 517,319 | 0 |
| 31 Dec 17 | 839,080 | 80 | 493,031 | 0 |
| 30 Sep 17 | 905,880 | 40,468 | 495,801 | 0 |
| 30 Jun 17 | 925,472 | 22,271 | 501,044 | 0 |
| 31 Mar 17 | 882,347 | 2,412 | 500,833 | 0 |
| 31 Dec 16 | 889,439 | 44,788 | 480,403 | 0 |
| 30 Sep 16 | 846,009 | 35,860 | 466,843 | 0 |
| 30 Jun 16 | 889,133 | 85,570 | 458,222 | 0 |
| 31 Mar 16 | 924,840 | 122,246 | 453,327 | 0 |
| 31 Dec 15 | 981,720 | 156,589 | 438,404 | 0 |
| 30 Sep 15 | 1,013,027 | 182,276 | 435,620 | 0 |
| 30 Jun 15 | 983,056 | 172,597 | 430,378 | 0 |
| 31 Mar 15 | 990,673 | 169,943 | 427,690 | 0 |
| 31 Dec 14 | 945,657 | 162,640 | 407,421 | 0 |
| 30 Sep 14 | 924,516 | 152,744 | 407,262 | 0 |
| 30 Jun 14 | 886,275 | 143,234 | 410,150 | 0 |
| 31 Mar 14 | 846,824 | 141,738 | 408,502 | 0 |
| 31 Dec 13 | 804,097 | 140,277 | 375,723 | 0 |
Quality Earnings: SBIDL has high quality earnings.
Growing Profit Margin: SBIDL's current net profit margins (21.3%) are lower than last year (22.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SBIDL's earnings have grown significantly by 31.9% per year over the past 5 years.
Accelerating Growth: SBIDL's earnings growth over the past year (4.9%) is below its 5-year average (31.9% per year).
Earnings vs Industry: SBIDL earnings growth over the past year (4.9%) did not outperform the Banks industry 10.1%.
Return on Equity
High ROE: SBIDL's Return on Equity (15.5%) is considered low.