- 4th Quarter net income of Punjab & Sind Bank is reported at 1.39 billion rupees, which depicts a drop of 70% compared to last year.
- Gross non-performing assets are reported at 5.43%, a decrease from 5.7% in the last quarter.
- Provisions have increased by 14% quarter-on-quarter, standing at 1.1 billion rupees.
- The company’s interest income has seen an increase of 18% year-on-year, recorded at 24.81 billion rupees.
- The interest expense of the bank increased 26% year-on-year, standing at 17.92 billion rupees.
- Other income for the bank reported a decrease of 24% year-on-year, standing at 4.13 billion rupees.
- The provision for loan losses for the bank was 1.11 billion rupees as opposed to a recovery of 3.2 billion rupees in the last quarter.
- The bank has declared a dividend per share of 0.2 rupees.
- Analyst ratings for the bank stand at zero buys, holds, and sells each.
A look at Punjab & Sind Bank Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Looking ahead, Punjab & Sind Bank appears to have a positive long-term outlook based on the Smartkarma Smart Scores analysis. The bank received solid scores across key factors such as Value, Dividend, and Growth, all scoring a 4 out of 5. This indicates that Punjab & Sind Bank is deemed favorable in terms of its valuation, dividend payouts, and growth potential.
Furthermore, the bank’s high Momentum score of 5 suggests strong upward momentum in its performance, which could be an indicator of positive market sentiment and potential future growth. While the Resilience score of 3 indicates a slightly lower level of resilience compared to other factors, overall, Punjab & Sind Bank‘s scores paint a promising picture for its future prospects in the banking industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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