SBI Bank Stock Analysis based on Q1 FY21 Results

SBI Bank Stock Analysis based on Q1 FY21 Results

About SBI

State Bank of India (SBI) is an Indian multinational, public sector banking and financial services statutory body. It is the largest public sector banks in India. SBI caters to the needs of both the government, central as well as the state.

SBI Share Analysis: Bank’s Stock Push & Pull

This video offers a detailed SBI stock analysis by providing various financials of the bank & discussing its performance. The financial performance of the bank is discussed, both quarterly & annually. The financial Analysis of SBI Bank is extended by providing its net profit & describing the sequential growth. A significant increase in the bank’s profitability is observed; however, this growth is backed by an exceptional item or a one-time gain, which is a stake sale. Thus, an in-depth comparison is drawn, highlighting the net profit without the exceptional item. The video also provides a detailed analysis of SBI results, highlighting gross & net NPA, Net Interest Income (NII), etc. You can check out the bank’s financial statements & quarterly results, along with SBI stock price, on the stock-o-meter feature.

SBI Performance Analysis

Despite the positives, it can be observed that the bank’s provision numbers are low compared to the size of the loan book. Further, a comparison with ICICI bank is also drawn, concerning the lack of covid provisions. Additionally, the video highlights the two major issues which contributed a significant push to SBI performance. It concludes that the investor’s shift in confidence from the capital & private bank sector to the public banks has caused a considerable increase in the number of depositors for SBI bank.

Make A Viable Investment Decision With SBI Stock Analysis

The investors will get a thorough SBI bank fundamental analysis with this video. The users will understand various bank fundamentals, like NII, NPA, loan book size, etc. Both the positives & negatives of the bank’s performance is discussed in the video, which will enable the investors to get a clear picture of the SBI stock. The lack of covid provisions is a significant drawback for the bank since this medical crisis is causing a major financial crisis, which may be alarming in the coming times.

All in all, through this video of SBI Analysis, the investors will be able to make a viable investment decision.

Invest Yadnya’s Other Resources For Detailed Stock Analysis

Our website offers multiple resources on State Bank of India. You can check out our stock article on State Bank of India Stock Analysis based on Q2FY21 Results for a detailed bank analysis.

Make all your investment decisions with us, as we offer quality financial advice. For more of such quality content, check out Invest Yadnya.