{"id":174966,"date":"2026-01-20T06:30:00","date_gmt":"2026-01-20T11:30:00","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=174966"},"modified":"2026-01-22T13:19:57","modified_gmt":"2026-01-22T18:19:57","slug":"punjab-sind-bank-shares-drift-lower-after-q3-profit-beat","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/punjab-sind-bank-shares-drift-lower-after-q3-profit-beat\/","title":{"rendered":"Punjab & Sind Bank Shares Drift Lower After Q3 Profit Beat"},"content":{"rendered":"\n

Stock Performance<\/h2>\n\n\n\n

Shares of Punjab & Sind Bank (NSE: PSB) slid in early trade on Wednesday after the state-run lender reported a 19% year-on-year rise in third-quarter net profit, though broader banking sector pressures tempered gains.<\/p>\n\n\n\n

Punjab & Sind Bank shares were trading at around INR27 on the BSE in early trade, near the lower end of their 52-week range of INR25.22 to INR50.59, after retreating from recent highs.<\/p>\n\n\n\n

Q3 Results

<\/strong><\/h2>\n\n\n\n

Punjab & Sind Bank reported a net profit of INR336 crore for the quarter ended Dec. 31, up from INR282 crore a year earlier. Total income rose to INR3,549 crore from INR3,269 crore in the December quarter of FY25.<\/p>\n\n\n\n

Interest income also increased modestly, driven by higher lending volumes, while net interest margin remained under pressure amid competitive deposit costs and macro headwinds.<\/p>\n\n\n\n

The bank\u2019s gross non-performing assets (NPAs) declined to about 2.6% of gross loans, from near 3.8% a year earlier, and net NPAs fell to about 0.7%, marking continued improvement in asset quality. Provision coverage also improved.<\/p>\n\n\n\n

Total deposits grew around 9% year-on-year to roughly INR1.39 lakh crore, while gross advances rose about 15%, driven by growth in retail and MSME segments.<\/p>\n\n\n\n

Context and Trend<\/strong>

<\/h2>\n\n\n\n

Punjab & Sind Bank\u2019s shares have weakened from peaks above INR50 in the past 12 months, pressured by a broader sell-off in public sector bank stocks and concerns over credit costs.<\/p>\n\n\n\n

The PSU Bank index has outperformed broader markets in 2025, but selective weakness persists in smaller lenders amid macro uncertainty and mixed asset quality trends.<\/p>\n\n\n\n

Broader banking peers have delivered mixed results this earnings season, with lenders such as UCO Bank also reporting profit growth, while larger peers face margin headwinds.<\/p>\n\n\n\n

Sector Pressures

<\/strong><\/h2>\n\n\n\n

Analysts have noted continued margin pressure across Indian lenders, as deposit costs remain elevated and loan yields are constrained by competitive pricing. Rising credit costs in certain segments and regulatory capital targets also weigh on valuations.<\/p>\n\n\n\n

Full-Year and Year-on-Year Context<\/strong>

<\/h2>\n\n\n\n

Year-to-date, Punjab & Sind Bank\u2019s performance reflects steady expansion in advances and deposits, with asset quality gains underpinning profit growth from the year-ago quarter. Full-year forecasts remain contingent on macro conditions and credit demand.<\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

Stock Performance Shares of Punjab & Sind Bank (NSE: PSB) slid in early trade on Wednesday after the state-run lender reported a 19% year-on-year rise in third-quarter net profit, though broader banking sector pressures tempered gains. Punjab & Sind Bank shares were trading at around INR27 on the BSE in early trade, near the lower […]<\/p>\n","protected":false},"author":2403,"featured_media":125269,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1941,392,1],"tags":[151,8265],"class_list":["post-174966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-earnings","category-finance-stocks","tag-banking","tag-finance"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":156231,"url":"https:\/\/alphastreet.com\/india\/punjab-32-fall-in-profits\/","url_meta":{"origin":174966,"position":0},"title":"Punjab & Sind Bank Q2FY24; 32% fall in Profits","author":"Chirag Gupta","date":"November 15, 2023","format":false,"excerpt":"Punjab & Sind Bank is engaged in the Business of Deposits,Loans & Advances and Remittances & Collections. Financial Results: Punjab & Sind Bank reported Revenues for Q2FY24 of \u20b92,406.00 Crores up from \u20b91,980.00 Crore year on year, a rise of 21.52%. Total Expenses for Q2FY24 of \u20b92,379.00 Crores up from\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-187.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-187.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-187.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-187.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-187.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-187.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151546,"url":"https:\/\/alphastreet.com\/india\/punjab-25-fall-in-profits\/","url_meta":{"origin":174966,"position":1},"title":"Punjab & Sind Bank Q1FY24; 25% fall in Profits","author":"Karan_Singh","date":"August 7, 2023","format":false,"excerpt":"Punjab & Sind Bank is engaged in the Business of Deposits,Loans & Advances and Remittances & Collections. Financial Results: Punjab & Sind Bank reported Revenues for Q1FY24 of \u20b92,316.00 Crores up from \u20b91,800.00 Crore year on year, a rise of 28.67%. Total Expenses for Q1FY24 of \u20b92,260.00 Crores up from\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-291.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-291.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-291.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-291.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-291.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-291.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":162566,"url":"https:\/\/alphastreet.com\/india\/punjab-70-fall-in-profits\/","url_meta":{"origin":174966,"position":2},"title":"Punjab & Sind Bank Q4FY24; 70% fall in Profits","author":"Chirag Gupta","date":"June 27, 2024","format":false,"excerpt":"Punjab & Sind Bank is engaged in the Business of Deposits,Loans & Advances and Remittances & Collections. Financial Results: Punjab & Sind Bank reported Revenues for Q4FY24 of \u20b92,481.00 Crores up from \u20b92,105.00 Crore year on year, a rise of 17.86%. Total Expenses for Q4FY24 of \u20b92,667.00 Crores up from\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-232.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-232.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-232.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-232.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-232.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-232.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":146749,"url":"https:\/\/alphastreet.com\/india\/punjab-national-bank-ltd-q4fy23-results-out-revenue-grows-by-27\/","url_meta":{"origin":174966,"position":3},"title":"Punjab National Bank Ltd Q4FY23 results out, revenue grows by 27%","author":"Chirag Gupta","date":"May 19, 2023","format":false,"excerpt":"Punjab National Bank Ltd reported Total revenue for Q4 FY23 of \u20b924,305 Crore, up from \u20b919,090 Crore year on year depicting a growth of 27%. Consolidated Net Profit of \u20b91,876 Crore, up 439% from \u20b9348 Crore in the same quarter of the previous year.\u00a0 The Earnings per Share is \u20b91.69,\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/f9aab469-0ae0-498e-8f23-cfdd884462d0.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/f9aab469-0ae0-498e-8f23-cfdd884462d0.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/f9aab469-0ae0-498e-8f23-cfdd884462d0.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/f9aab469-0ae0-498e-8f23-cfdd884462d0.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/f9aab469-0ae0-498e-8f23-cfdd884462d0.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/f9aab469-0ae0-498e-8f23-cfdd884462d0.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":163481,"url":"https:\/\/alphastreet.com\/india\/punjab-19-rise-in-profits\/","url_meta":{"origin":174966,"position":4},"title":"Punjab & Sind Bank Q1FY25; 19% rise in Profits","author":"Chirag Gupta","date":"August 1, 2024","format":false,"excerpt":"Punjab & Sind Bank is engaged in the Business of Deposits, Loans & Advances and Remittances & Collections. Financial Results: Punjab & Sind Bank reported Revenues for Q1FY25 of \u20b92,652.00 Crores up from \u20b92,316.00 Crore year on year, a rise of 14.51%. Total Expenses for Q1FY25 of \u20b92,633.00 Crores up\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-6.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-6.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-6.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-6.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-6.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-6.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159530,"url":"https:\/\/alphastreet.com\/india\/punjab-69-fall-in-profits\/","url_meta":{"origin":174966,"position":5},"title":"Punjab & Sind Bank Q3FY24; 69% fall in Profits","author":"Chirag Gupta","date":"March 6, 2024","format":false,"excerpt":"Punjab & Sind Bank is engaged in the Business of Deposits,Loans & Advances and Remittances & Collections. Financial Results: Punjab & Sind Bank reported Revenues for Q3FY24 of \u20b92,491.00 Crores up from \u20b92,107.00 Crore year on year, a rise of 18.22%. Total Expenses for Q3FY24 of \u20b92,672.00 Crores up from\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-59.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-59.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-59.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-59.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-59.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-59.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/174966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2403"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=174966"}],"version-history":[{"count":3,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/174966\/revisions"}],"predecessor-version":[{"id":175686,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/174966\/revisions\/175686"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125269"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=174966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=174966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=174966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}