State Bank of India (SBI) Share Price Prediction 2024, 2025, 2026 to 2030 in Future Return

Last updated on October 23rd, 2024 at 04:54 pm

Sbi Share Price
Sbi Share Price

Find out SBI’s share targets and financial results: showing its potential for growth and innovative digital banking for investors in the future.

About State Bank of India (SBI)

SBI is the largest bank in India dealing in banking facilities to people and corporate as a whole in the country. Now enjoying a well-connected web of branches and ATMs throughout the country and beyond, SBI has made itself comfortable in the Indian banking market. I am talking about this bank, which was established in 1955, and has demonstrated great progress in the development of the Indian economy with special emphasis on digital banking solutions.

Company Details

  • Company Details
  • Founded: 1955
  • Headquarters: Mumbai, Maharashtra, India
  • Industry: Services & Banking
  • Chairman: Dinesh Kumar Khara
  • Products: Retail and Corporate Banking Customers, Loans, Insurance Services, Wealth and Personal Banking, Digital Banking Services

Promoter Information

Promoter Name Stake (%) Relationship to SBI
Government of India 57.52% Major Stakeholder

Financial Performance

  • Total Assets: ₹61.79 lakh crore, growth of 12.01%.
  • Deposits: ₹49.16 lakh crore, increased by 11.13%.
  • Advances: ₹37.67 lakh crore, with a growth of 15.24%.
  • Net Interest Income (NII): ₹1,59,876 crore, growth of 10.38%.
  • Profit After Tax (PAT): ₹61,077 crore, growth of 21.59%.

Key Operational Metrics

  • Market share of Debit Card Spends: 25.04%.
  • YONO Registrations: ~1.3 crore during FY 2024.
  • Daily Logins on YONO: 1.28 crore.
  • Women in Workforce: 27%.

Business Segments

  • Home Loans Disbursed: ₹1.97 lakh crore.
  • Agriculture & Allied Activities Lending: ₹3 lakh crore.
  • SME Financing: Portfolio crossed ₹4 lakh crore.
  • Foreign Currency Loans: US$8 billion sanctioned.

Sustainability and CSR Initiatives

  • CSR spending was ₹502.32 crore.
  • Installation of 795 Solar Rooftops with a capacity of 20.09 MWp.
  • 173 CSR initiatives in 80 aspirational districts.

Awards and Recognitions

  • SBI was awarded Company of the Year – 2023 by ET Awards.
  • Featured in the Top 25 Strongest Global Brands by Brand Finance.

International Presence

  • SBI operates 241 overseas branches/offices across 29 countries.

Governance

  • SBI is led by Dinesh Kumar Khara as Chairman, with several committees overseeing operations.

State Bank of India Share Price Target 2024

Here are the trends that SBI seems all geared up to leverage for 2024 – success on the financial front and an ongoing battle for digital banking. Government backing and good macroeconomic environment are the reason some analysts think the stock price could increase at a steady pace.

Maximum Target: ₹700
Minimum Target: ₹650

State Bank of India Share Price Target 2025

SBI’s stock price gain should be driven by its commitment to developing more digital services and enhancing its loan portfolio by 2025, mainly in the retail and SME segments. High credit growth and a sound balance sheet will be the main agents.

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Maximum Target: ₹800
Minimum Target: ₹750

SBI Share Price Target 2026

SBI is expected to create a sustained leadership in the banking sector in 2026. Current and potential customers using technological digital platforms suggested that the enhancements and increased customers’ base in digital episodes will enhance the company’s performance, resulting in increased revenue and stock value.

Maximum Target: ₹900
Minimum Target: ₹850

SBI Share Price Target 2027

SBI has been building up the wealth management, insurance, and asset management to add different streams of revenue by 2027 and it will start reflecting in the financial statements. This diversification may enhance a favorable perception to its investors.

Maximum Target: ₹1,000
Minimum Target: ₹950

SBI Share Price Target 2028

SBI Ltd. Target Price: Every month that passes is another step closer to attaining this goal to become the world’s largest bank.

In 2028, SBI is expected to add more branches in rural & semi urban area to serve unbanked & underbanked population. Such efforts will add to its stock value once and for all as the actual financial inclusion processes are instituted.

Maximum Target: ₹1,100
Minimum Target: ₹1,050

SBI Share Price Target 2029

By the year 2029, the stock will grow due to increased credit demand amongst large customers and SBI’s presence everywhere; domestic and international. This is because the bank has emphasized on the aspects of maintaining the quality of assets will go along way in enhancing investors’ confidence.

Maximum Target: ₹1,200
Minimum Target: ₹1,150

SBI Share Price Target 2030

SBI is projected to get greatest share of.boost in Indian economy by the year 2030. Through ongoing technology advancement, enhancement of financial services and stabile market competitive strong position it will become one of the most attractive banking stocks.

Maximum Target: ₹1,300
Minimum Target: ₹1,250

SBI Share Price Target 2035

By 2035 the company will most probably continue to be an industry giant within the financial sector in India. Risk mitigation activities of the bank, innovation in digital platform, improvement in the scale of lending power and better focus on inclusive banking will make sure the business will be having long-term growth model.

Maximum Target: ₹1,600
Minimum Target: ₹1,500

With a vast network, unique products and services, and the support of the Government of India, SBI is a good long-term investment bet for its sensible investors. Future performance of the stock is expected to be boosted by its strategic initiatives and balance sheet in addition to the organization’s current strong balance sheet.

Year Share Price Target (₹)
2024 Maximum: ₹700
Minimum: ₹650
2025 Maximum: ₹800
Minimum: ₹750
2026 Maximum: ₹900
Minimum: ₹850
2027 Maximum: ₹1,000
Minimum: ₹950
2028 Maximum: ₹1,100
Minimum: ₹1,050
2029 Maximum: ₹1,200
Minimum: ₹1,150
2030 Maximum: ₹1,300
Minimum: ₹1,250
2035 Maximum: ₹1,600
Minimum: ₹1,500

I a finance writer with 2+Year of Exp in financial topics. With Computer Science degree, content writer, SEBI-certified investor, and stock market enthusiast.