State Bank of India
Market Cap
$118.1B
Global Rank
#143
All-Time High
$121.5B
2026-08-07
Total Growth
+0%
since 2026
Market Cap Context
- Larger than 61% of the 367 companies we track (globally).
- Equivalent to 3.0% of India's GDP (2025 data).
- Just above: #142 Fortinet, Inc. ($118.8B)
- Just below: #144 Snowflake Inc. ($115.8B)
- Best year: 2003 (+94%). Worst year: 2011 (-42%).
State Bank of India Financial Breakdown (FY 2026)
Source: Yahoo Finance โ SBIN.NS annual filings (2026) (converted from INR at 83.5) โ$45.7B revenue ยท $0.0B operating income ยท $10.0B net income
- โNet income margin: 21.8% โ $10.0B in profit.
- โFree cash flow: $3.6B (7.8% of revenue).
Cost / Operating Expenses
Total operating expenses $30.8B
Total
$0.7B
Capital Expenditures
$1.0B
This fiscal year (near-total AI infrastructure buildout)
Free Cash Flow
$3.6B
Trailing twelve months
Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.
About State Bank of India
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body, headquartered in Mumbai. It is the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the tenth largest employer in India with nearly 250,000 employees. As of 2024, SBI has 500 million customers.
State Bank of India Market Cap History (2026โ2026)
State Bank of India vs Sector Peers by Market Cap
Compare State Bank of India
Ranking History
| Year | Market Cap | Rank | YoY Change |
|---|---|---|---|
| 2026 | $118.1B | #143(โ3) | +10.5% |
| 2025 | $106.9B | #140(โ11) | +26.0% |
| 2024 | $84.8B | #151(โ10) | +25.9% |
| 2023 | $67.4B | #161(โ21) | +6.7% |
| 2022 | $63.2B | #140(โ78) | +35.4% |
| 2021 | $46.7B | #218(โ52) | +69.0% |
| 2020 | $27.6B | #270(โ63) | -17.6% |
| 2019 | $33.5B | #207(โ21) | +12.8% |
| 2018 | $29.7B | #186 | -4.5% |
| 2017 | $31.1B | #186(โ10) | +25.0% |
| 2016 | $24.9B | #176(โ8) | +12.9% |
| 2015 | $22.0B | #184(โ55) | -27.1% |
| 2014 | $30.2B | #129(โ62) | +79.1% |
| 2013 | $16.9B | #191(โ74) | -24.5% |
| 2012 | $22.4B | #117(โ25) | +50.0% |
| 2011 | $14.9B | #142(โ54) | -41.7% |
| 2010 | $25.6B | #88(โ5) | +25.7% |
| 2009 | $20.3B | #93(โ29) | +79.0% |
| 2008 | $11.4B | #122(โ9) | -41.6% |
| 2007 | $19.4B | #113(โ59) | +92.4% |
| 2006 | $10.1B | #172(โ8) | +39.7% |
| 2005 | $7.2B | #180(โ9) | +41.9% |
| 2004 | $5.1B | #189(โ2) | +24.5% |
| 2003 | $4.1B | #187(โ18) | +94.3% |
| 2002 | $2.1B | #205(โ25) | +59.7% |
| 2001 | $1.3B | #230(โ16) | -3.6% |
| 2000 | $1.4B | #214(โ49) | -12.6% |
| 1999 | $1.6B | #165(โ3) | +45.5% |
| 1998 | $1.1B | #162(โ19) | -34.4% |
| 1997 | $1.6B | #143(โ12) | +6.1% |
| 1996 | $1.5B | #131 |
Other Financial Services Companies
FAQ
What is State Bank of India's market cap?
State Bank of India (SBIN.NS) has a market capitalization of $118.1B, making it the #143 largest company in the world by market cap.
What was State Bank of India's highest market cap?
State Bank of India's all-time high market cap was $121.5B, reached in 2026-08-07. Its highest rank was #143 in 2026.
What sector is State Bank of India in?
State Bank of India is in the Financial Services sector, specifically the Banks - Regional industry. It is based in India.
How has State Bank of India's market cap changed over time?
State Bank of India has been tracked since 2026. Its market cap has grown by 0% from $118.1B in 2026 to $118.1B today.