State Bank of India vs Bank of Baroda: Which Stock Should You Track
- July 28, 2026
- Posted by: Ankit Jaiswal
- Category: News
State Bank of India vs Bank of Baroda: about 22% deposit and about 20% advance market share vs One of India’s three largest PSU banks by business size. State Bank of India sector: Banking. Bank of …
State Bank of India vs Bank of Baroda is a comparison investors search for because the two companies represent genuinely different positions within Indian markets. This State Bank of India vs Bank of Baroda breakdown goes beyond generic labels and looks at real numbers: reach, products, the latest results each company has declared, and how each stock is positioned today. Understanding State Bank of India vs Bank of Baroda this way is more useful than a surface-level label, because it shows where each company actually stands rather than how it describes itself.
State Bank of India vs Bank of Baroda: Reach and Market Position
In the State Bank of India vs Bank of Baroda comparison, State Bank of India stands out for 23,265 branches, roughly 64,245 ATMs/ADWMs and close to 80,000 Customer Service Points, serving over 53 crore customers with deep rural and semi-urban reach; YONO has crossed 10 crore registered users. This scale gives State Bank of India a distinct position within Banking that shapes how it competes.
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Bank of Baroda, on the other hand, is built around Domestic deposits of Rs 13.82 lakh crore and global deposits of Rs 16.34 lakh crore as of June 2026. Comparing State Bank of India vs Bank of Baroda on reach alone shows two different growth strategies, not a single verdict.
State Bank of India vs Bank of Baroda: Key Products and Business Mix
State Bank of India’s business runs on retail lending (home, auto, personal loans), corporate and wholesale banking, SME and agriculture credit, international banking, treasury, and government scheme banking (PMJDY, PMSBY, PMJJBY, Atal Pension Yojana). This product mix is central to any State Bank of India vs Bank of Baroda comparison, since it explains where each company’s revenue actually comes from.
Bank of Baroda instead leans on retail and corporate banking, international banking, SME and rural lending, treasury services. The State Bank of India vs Bank of Baroda product comparison shows these are genuinely different businesses, not just different brand names in the same category.
State Bank of India vs Bank of Baroda: Latest Results
Looking at real numbers rather than claims, State Bank of India’s latest disclosed results show FY26 record standalone net profit of Rs 80,032 crore on total business past Rs 109 lakh crore, ROE 18.57%, ROA 1.12%; Q4 FY26 net profit was near Rs 19,640 crore and Q1 FY27 results were not yet declared at the time of writing. This is the clearest evidence available for the State Bank of India vs Bank of Baroda comparison on State Bank of India’s side.
Bank of Baroda’s latest disclosed results show Q1 FY27 standalone net profit fell 71.8% YoY to Rs 1,278.39 crore on margin pressure, even as NII rose 9.5% to Rs 12,524 crore and domestic deposits grew 14.7%. Weighing State Bank of India vs Bank of Baroda on actual results, rather than headline positioning, is what separates a useful comparison from a generic one.
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State Bank of India vs Bank of Baroda: Stock and Valuation
On the market side, State Bank of India is described as: CMP around Rs 1,015, 52-week range Rs 786.55 to Rs 1,234.70, market cap near Rs 9.35 lakh crore. Bank of Baroda is described as: CMP around Rs 246. The State Bank of India vs Bank of Baroda valuation gap often reflects how the market is pricing each company’s growth and risk profile differently.
State Bank of India vs Bank of Baroda: Quick Comparison Table
| Parameter | State Bank of India | Bank of Baroda |
|---|---|---|
| Sector | Banking | PSU Banking |
| Market position | about 22% deposit and about 20% advance market share | One of India’s three largest PSU banks by business size |
| Reach | 23,265 branches, roughly 64,245 ATMs/ADWMs and close to 80,000 Customer Service Points, se | Domestic deposits of Rs 13.82 lakh crore and global deposits of Rs 16.34 lakh crore as of |
| Latest results | FY26 record standalone net profit of Rs 80,032 crore on total business past Rs 109 lakh crore, ROE 1 | Q1 FY27 standalone net profit fell 71.8% YoY to Rs 1,278.39 crore on margin pressure, even as NII ro |
Conclusion
State Bank of India vs Bank of Baroda ultimately comes down to two companies solving similar problems in different ways. State Bank of India brings about 22% deposit and about 20% advance market share, while Bank of Baroda brings One of India’s three largest PSU banks by business size. Investors weighing State Bank of India vs Bank of Baroda should track both companies’ upcoming results and valuation gap rather than picking a side on reputation alone. This State Bank of India vs Bank of Baroda breakdown is a starting point, not a final verdict.
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Disclaimer: Data and figures in this article are sourced from publicly available information, including company results filings and exchange data, and are current as of the time of writing. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the main difference between State Bank of India and Bank of Baroda?
Ans. The main difference in the State Bank of India vs Bank of Baroda comparison lies in scale and business mix. State Bank of India is built on about 22% deposit and about 20% advance market share, while Bank of Baroda is positioned around One of India’s three largest PSU banks by business size.
How do State Bank of India and Bank of Baroda’s latest results compare?
Ans. Comparing State Bank of India vs Bank of Baroda on latest disclosed results: State Bank of India reported FY26 record standalone net profit of Rs 80,032 crore on total business past Rs 109 lakh crore, ROE 18.57%, ROA 1.12%; Q4 FY26 net profit was, while Bank of Baroda reported Q1 FY27 standalone net profit fell 71.8% YoY to Rs 1,278.39 crore on margin pressure, even as NII rose 9.5% to Rs 12,524 crore and domestic .
What sector do State Bank of India and Bank of Baroda operate in?
Ans. State Bank of India operates in Banking and Bank of Baroda operates in PSU Banking. Even where the sectors overlap, the State Bank of India vs Bank of Baroda comparison shows different product mixes and market positions.
Should I invest in State Bank of India or Bank of Baroda?
Ans. Both State Bank of India and Bank of Baroda have distinct strengths within their space. Investors comparing State Bank of India vs Bank of Baroda should review the latest quarterly results, valuation and their own risk profile, and consult a financial advisor before deciding.
What are the key products of State Bank of India?
Ans. State Bank of India’s key products and business lines include retail lending (home, auto, personal loans), corporate and wholesale banking, SME and agriculture credit, international banking, treasury, and government scheme banking (PMJDY, PMSBY, PMJJBY, Atal Pension Yojana).
What are the key products of Bank of Baroda?
Ans. Bank of Baroda’s key products and business lines include retail and corporate banking, international banking, SME and rural lending, treasury services.
How do State Bank of India and Bank of Baroda compare on market position?
Ans. On market position, State Bank of India holds about 22% deposit and about 20% advance market share, while Bank of Baroda holds One of India’s three largest PSU banks by business size. The State Bank of India vs Bank of Baroda comparison shows both companies lead in different ways rather than one being universally ahead.
