SBI Dividend 2026: State Bank of India (SBI) on Friday announced that its Board of Directors has recommended a dividend of Rs 17.35 per share to its shareholders in Q4FY2026.
The record date for determining the eligibility of members entitled to receive dividends on equity shares is May 16, and the dividend payment date is June 4.
SBI stocks crashed 7 per cent following its Q4 results, as public lender missed the Street expectations.
It reported a net profit of Rs 19,684 crore, which is falling short of the Rs 20,312 crore estimated according to data compiled by Reuters-LSEG.
Shares of SBI hit the day’s low at Rs 1,010 per share after the Q4 results.
SBI’s Net Interest Income Increases In Q4
Its net interest income, the difference between interest earned and interest expended, in January-March
2026 increased 4.1 per cent to Rs 44,380 crore, compared with Rs 42,618 crore in the year-ago period.
On the asset quality front, State Bank of India continued to show improvement, with the gross non-performing asset (GNPA) ratio easing to 1.49 per cent from 1.57 per cent in the previous quarter. The net NPA ratio remained unchanged sequentially at 0.39 per cent.
In absolute terms, gross NPAs declined marginally to Rs 73,452.5 crore from Rs 73,636.8 crore in the December quarter. However, net NPAs rose to Rs 18,830 crore compared with Rs 18,012 crore in the preceding quarter.
Provisions saw a sharp sequential and annual decline, coming in at Rs 2,872 crore versus Rs 4,507 crore in the previous quarter and Rs 6,441 crore a year ago. The lower provisioning outgo supported profitability, partially offsetting the impact of softer-than-expected net interest income (NII).
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