State Bank of India: how it compares with its peers
Against 9 NY banks with half to twice its assets, State Bank of India's strongest measure in Q2 2026 is efficiency ratio (0.00% vs. a 57.48% peer median). Its weakest relative measure is return on assets (0.00% vs. 0.92%).
| Measure | State Bank of India | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.00% | 0.92% | Bottom third Ahead of 0% of peers |
| Net interest margin Annualized net interest income over earning assets. | 0.00% | 2.89% | Bottom third Ahead of 0% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 0.00% | 57.48% | Top third Ahead of 89% of peers |
| Loans to deposits Net loans and leases over total deposits. | 107.47% | 83.21% | Context |
What it means for lending operations
Its efficiency ratio of 0.00% is better than the 57.48% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Apple Bank New York, NY · $19.89B
- Community Bank, National Association Canton, NY · $17.45B
- Bank of Baroda New York, NY · $16.24B
- NBT Bank, National Association Norwich, NY · $16.09B
- Safra National Bank of New York New York, NY · $15.69B
- Dime Commercial Bank Hauppauge, NY · $15.03B
Questions about State Bank of India
How big is State Bank of India?
State Bank of India, established in 1955, is headquartered in New York, NY. It reported $22.51B in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is State Bank of India's return on assets?
0.00% annualized in Q2 2026, against a 0.92% median for 9 NY banks with half to twice its assets, ahead of 0% of them.
What is State Bank of India's efficiency ratio?
0.00% in Q2 2026: it spent about 0 cents in noninterest expense for each dollar of revenue. The peer median is 57.48%, and lower is better.
Is State Bank of India growing its loans?
Net loans shrank 1.4% over the year to Q2 2026, while deposits grew 3.4%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are NY banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every New York bank ranked.