Punjab & Sind Bank shares fall nearly 3% post-Q4 earnings; here is how the lender fared

The state-run lender had earned a net profit of ₹313 crore in the year-ago period.

Total income moderated to ₹3,457 crore from ₹3,836 crore seen a year ago, Punjab & Sind Bank said in a regulatory filing. Interest income too declined to ₹3,030 crore from ₹3,159 crore.

On the asset quality front, the bank's gross non-performing assets (NPAs) eased to 2.4% of gross advances, as compared to 3.38% by the end of March 2025. Similarly, net NPAs came down to 0.79% from 0.96% earlier.

The bank's capital adequacy ratio improved marginally to 17.42%, from 17.41% at the end of FY25.

FY26 earnings

For the entire financial year 2025-26, the bank reported a 30% increase in profit at ₹1,322 crore, as against ₹1,016 crore in the previous year. Total income rose to ₹13,759 crore from ₹13,049 crore a year ago.

The bank's board has recommended a dividend of 39 paise per equity share of face value of ₹10 each for 2025-26, subject to shareholders' approval.

Return on assets (RoA) at the end of March 2026 improved by 12 basis points to 0.79% from 0.67% at the end of FY25.

During FY26, total business (deposits and advances) recorded a growth of 15% to ₹2,63,652 crore, as compared to ₹2,29,379 crore at the end of the previous financial year.

About Punjab & Sind Bank

Punjab & Sind Bank is a leading public sector bank in India. It has pan-India operations with a significant presence in northern states. It was one of the six banks that were nationalised during the second wave of nationalisation in 1980.

Punjab and Sind Bank was established in June 1908 by Bhai Vir Singh, Sir Sunder Singh Majitha, and Sardar Tarlochan Singh to provide banking and financial services to the weaker sections of the society in Punjab. In April 1980, the bank was reconstituted as a public sector lender under Section 2(b) of the Bank Acquisition Act.

The government holds 98.25% stake in the bank, as of September 30, 2023.

In 2000, the bank launched bullion trading. In 2004, it launched a co-branded credit card in collaboration with ICICI Bank. It is also tied up with Aviva Life to offer insurance products. In 2019, Punjab Gramin Bank, Malwa Gramin Bank, and Sutlej Gramin Bank were amalgamated into Punjab and Sind Bank. PSB also partnered with Bajaj Health Insurance Co Ltd. for its life insurance business in 2023.

The bank launched its initial public offering (IPO) in 2010, and subsequently it was listed on the stock exchanges.