State Bank of India — Q4 FY26
SBI reported a record net profit of INR 80,032 crore for FY26, up 12.88% YoY, driven by strong operating profitability and improved asset quality.
bullish
high
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q3 FY26
Credit growth guidance revised to 13-15% for Q4 FY26
Management raised the earlier 12-14% guidance to 13-15% for the current quarter, driven by strong momentum across all segments.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q3 FY26
Exit NIM of 3% for FY26 and 3% through cycles
Management reiterated NIM guidance of 3% for Q4 exit and long-term, with no significant upside expected.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q3 FY26
ROA guidance of 1% through cycles
Management maintained 1% ROA guidance, emphasizing consistency over cycles despite current outperformance.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q3 FY26
Cost-to-income ratio below 50%
Management reiterated target to keep cost-to-income below 50%, supported by operating leverage and digital initiatives.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1