State Bank of India - New Moats Emerge as Game Changers. Maintain BUY
While SBI always had the natural advantage of brand recognition and scale, the bank has gradually added other competitive moats in the form of a...
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State Bank of India - Margins Contract Sharply, 1% RoA Delivery to Continue!
Advances (net) reported a healthy growth of 14/1% YoY/QoQ, driven by retail book growth of 17/2% YoY/QoQ (unsecured retail Xpress credit grew 20/2%...
421 Views
State Bank of India - Healthy Quarter; 1% RoA Delivery to Continue!!
The healthy growth in the loan book was driven by retail book growth of ~18/5%YoY/QoQ (unsecured retail Xpress credit grew 23/12% YoY/QoQ)
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State Bank of India - Highest Quarterly Profit
AUM growth momentum to continue: AUM growth momentum is expected to continue going forward aiding NII growth which is a key lever to ROA and ROE.
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State Bank of India - PAT Lower than Estimates; Robust Momentum in Loan Growth Continues
SBI reported lower-than-expected earnings of Rs 60.7 Bn in Q1FY23 (down 7%/33 YoY/QoQ), mainly due to lower NIMs (down 13bps QoQ) and treasury losses.
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