SBI shares in focus ahead of Q4 results; lender set to consider up to $2 billion fundraising plan on May 12

Shares of State Bank of India (SBI) will remain in focus on Friday after India’s largest lender announced that its board will consider a long-term fund raising plan of up to $2 billion during its upcoming meeting scheduled on May 12. The bank will also release its Q4 results today.

In an exchange filing released in the post-market hours of Thursday, SBI advised its Executive Committee of the Central Board to consider the long-term fundraising plan. This plan involves raising funds in single or multiple tranches through one or more methods, including a public offer or private placement of fixed or floating rate bonds in US dollar or any other major currency during the current financial year 2027.

"To examine the status and decide on long term fund raising in single / multiple tranches of up to US$ 2 billion under Reg-S/144A, through a public offer and/or private placement of fixed / floating rate bonds in US Dollar or any other major foreign currency during FY 2026-27," the bank said.

SBI Q4 results expectations and dividend

Notably, SBI will announce its results for the January-March quarter of the financial year 2026 today, along with a dividend if any following its board meeting. This comes after the bank reported strong earnings for the December quarter of the same financial year.

The bank is expected to report a muted March quarter, with treasury losses likely to weigh on earnings even as loan growth, margins and asset quality remain largely stable. According to the average estimates of six brokerages, India’s largest lender is expected to post around 2% year-on-year growth in net profit, while net interest income (NII) is seen rising about 7% year-on-year in the March quarter.

SBI share price

SBI shares have gained more than 2% in one week and nearly 3% in one month to close at Rs 1,092 apiece on Thursday. The stock overall jumped 11% in 2026 so far and 42% in one year, buoyed by strong quarterly results for the December quarter.

In the longer term, the shares of India’s largest bank jumped 87% in three years and more than 205% in five years. The company has a market capitalisation of more than Rs 10 lakh crore.

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