Mumbai, February 9, 2026 (IST) State Bank of India (NSE: SBIN | BSE: 500112) shares surged sharply in Monday’s trade after the country’s largest lender reported its highest-ever quarterly profit for Q3FY26, alongside continued improvement in asset quality and stable margins.
SBI stock rose over 6 percent intraday, trading around ₹1,138, as investors reacted positively to the bank’s robust earnings performance for the quarter ended December 31, 2025.
Record Quarterly Profit Lifts Sentiment
For Q3FY26, State Bank of India posted a net profit of ₹21,028 crore, marking a 24.49 percent year-on-year growth, supported by healthy operating leverage and steady net interest income growth.Operating profit for the quarter jumped 39.54 percent YoY to ₹32,862 crore, reflecting improved efficiency and controlled costs.
Key Profitability Metrics
| ₹ in crore | Q3FY25 | Q2FY26 | Q3FY26 | YoY Change | QoQ Change |
|---|---|---|---|---|---|
| Net Interest Income | 41,446 | 42,984 | 45,190 | +9.04% | +5.13% |
| Operating Profit | 23,551 | 31,904 | 32,862 | +39.54% | +3.00% |
| Profit After Tax | 16,891 | 20,160 | 21,028 | +24.49% | +4.31% |
Asset Quality Continues to Improve
Investors also took comfort from SBI’s sustained improvement in asset quality metrics, with both gross and net NPAs declining further during the quarter.- Gross NPA ratio improved to 1.57 percent, down 50 basis points YoY
- Net NPA ratio declined to 0.39 percent
- Provision Coverage Ratio (including AUCA) strengthened to 92.37 percent
Credit Growth Remains Broad-Based
SBI’s loan book maintained strong momentum, with gross advances rising 15.14 percent YoY to ₹46.84 lakh crore, led by retail, SME, and agricultural segments.Advances Growth Snapshot
| Segment | YoY Growth |
|---|---|
| Retail Advances | 16.51% |
| SME Advances | 21.02% |
| Agri Advances | 16.56% |
| Corporate Advances | 13.37% |
Capital Position Remains Comfortable
The bank’s capital adequacy remained stable, supporting future growth.- Capital Adequacy Ratio (CAR): 14.04 percent
- CET-1 ratio: 10.99 percent
- Tier-1 ratio: 12.07 percent
About the Company
State Bank of India is India’s largest public sector bank, providing a wide range of banking and financial services across retail, corporate, SME, agricultural, and international banking segments. The bank is listed on both the BSE and NSE and continues to play a central role in India’s credit and financial ecosystem.Source:
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