SBI Q4 results 2026: Date, dividend, preview numbers

Key event: SBI sets May 14 board meeting

State Bank of India (NSE: SBIN) is scheduled to announce its Q4 FY26 financial results for the quarter and full year ended March 31, 2026. The bank has set May 14, 2026 as the results date, as per exchange disclosures cited in market reports. The board of directors will meet to approve the audited financial statements, including audited consolidated financial statements for the quarter and full year. The same meeting will also consider a recommendation for a final dividend for FY26. For investors, the dividend decision matters because SBI is a large index constituent and a key driver within the public sector banking basket. The results also arrive amid heightened attention on bank earnings across both PSU and private lenders.

What the board will consider, and compliance steps

The May 14 meeting agenda includes approval of audited numbers and deliberation on a final dividend recommendation for FY26. Alongside the earnings schedule, SBI has also followed trading compliance protocols. The trading window for designated employees has been closed until 48 hours after the results announcement, in line with SEBI regulations mentioned in the report. Such trading-window closures are routine ahead of price-sensitive disclosures, but they also signal that the bank is in the final leg of closing and audit processes. The bank’s Q4 FY26 disclosure cadence is being tracked closely because Q4 is typically an important quarter for asset quality trends and year-end provisions across lenders.

Street expectations: NII, PAT and NIM ranges

Brokerages including MOFSL, YES Securities, and JM Financial, among others, have published Q4 FY26 preview estimates for SBI. Consensus expectations in the preview range point to net interest income (NII) of ₹1,30,000 to ₹1,45,000 crore for Q4 FY26. This is compared with ₹1,33,000 crore NII reported for Q3 FY26, as cited in the report. Profit after tax (PAT) is estimated in a band of ₹17,000 to ₹19,000 crore. Net interest margin (NIM) projections for the quarter are in the 3.2% to 3.4% range.

These estimates reflect a market focus on margins and core income rather than one-off gains. The same report also flags that for PSU banks, repricing on yields, a limited reduction in cost of funds, and modest treasury gains (linked to bond-yield moves) are key variables being watched through Q4.

Results calendar context: SBI vs other large names

SBI’s May 14 date comes after several large companies have already declared results in April. The report highlighted a simple comparison with TCS, which declared its Q4 FY26 results on April 9, 2026. The same source also noted that expected dates may change, but SBI’s schedule has been clearly communicated.

Source: BSE/NSE exchange filings, April 2026 (as cited in the report).

Market backdrop: PSU banks outperform, SBI rallies intraday

Ahead of SBI’s results, public sector bank stocks were in focus during April trading. The Nifty PSU Bank index gained 2% to 9,039.15 in Monday’s intra-day trade, according to the report. At 01:43 PM, the index was up 1%, making it the top gainer among sectoral indices, versus a 0.18% rise in the Nifty 50 at that time.

SBI’s stock also saw sharp moves in the same session. SBI rallied 4% intraday to ₹1,120.95 on the NSE, as mentioned in the report. Other PSU bank names such as Bank of Maharashtra, Bank of Baroda, Bank of India, Canara Bank and Union Bank of India were up 1% to 3% in that window.

On a month-to-date basis for April (as stated), the Nifty PSU Bank index rose 15%, compared with a 9.6% rise in the Nifty 50. The index had previously hit an all-time high of 9,918.65 on February 26, 2026.

What recent bank earnings signaled for sentiment

The broader banking earnings backdrop has been shaped by results from large private banks and a few mid-sized lenders. The report noted that HDFC Bank, ICICI Bank and Yes Bank reported a steady set of numbers for the quarter ended March 2026 (Q4 FY26), which helped keep attention on bank results through April.

In a separate market wrap cited in the same text, the Nifty Bank index ended marginally higher by 0.03% at 56,582.35, while the Nifty PSU Bank index rose 0.87% and the Nifty Private Bank index fell 0.34%. The Sensex closed up 26.76 points at 78,520.30 and the Nifty ended up 11.30 points at 24,364.85. India VIX rose over 10% in the session, pointing to elevated near-term volatility.

Yes Bank data point and SBI’s stake

SBI also has a disclosed strategic linkage with Yes Bank through its equity holding. The report stated that SBI held a 10.78% stake in Yes Bank. Yes Bank reported Q4 FY26 PAT of ₹1,068 crore, up 44.7% year-on-year, with operating profit rising 23.1% year-on-year to ₹1,618 crore. Net interest income grew 15.9% year-on-year to ₹2,638 crore, while NIM improved to 2.7% from 2.6% in Q3 FY26 and 2.5% in Q4 FY25. The same data set also pointed to improved asset quality, with GNPA/NNPA at 1.3%/0.2%.

Sector-level cues: credit costs and asset quality trends

Across the banking space, the report highlighted a common Q4 theme: sharp moderation in credit costs and improving asset quality, supporting profitability even when core income growth is uneven. It also noted that Q4 is seasonally the strongest quarter for asset quality and that Q4 FY26 is expected to follow that pattern.

A brokerage comment included in the text said it expects mid-sized private banks and SFBs to report margin improvement, while larger private banks and PSBs are expected to defend margins on a sequential basis. For PSU banks specifically, the preview also flagged that PAT growth could be modest, with the text citing a sector estimate of PSU banks’ PAT growing 2.1% year-on-year (and down 5.3% quarter-on-quarter) in Q4 FY26E.

Summary table: SBI Q4 FY26 schedule and key estimates

The table below captures the key SBI-specific facts stated in the report.

Why May 14 matters for SBI and PSU bank investors

For SBI, the May 14 announcement is a key checkpoint on margins, core income trajectory, and year-end balance sheet strength. The range of NII and PAT estimates indicates the market is bracing for a quarter where margin management and funding costs are central to the narrative. For PSU bank investors, SBI’s numbers often influence sentiment across the segment because of its weight in the sector index and its role as a bellwether for state-owned lenders.

The next confirmed milestone is the board meeting and results on May 14, 2026, when SBI will publish audited numbers for the quarter and full year and communicate any final dividend recommendation for FY26.