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Punjab & Sind Bank

NSEI:PSB
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PSB
NSEI
₹17B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

Punjab & Sind Bank provides various banking and financial products and services in India. The last earnings update was 40 days ago. More info.


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PSB Share Price and Events
7 Day Returns
-0.2%
NSEI:PSB
0.7%
IN Banks
-0.3%
IN Market
1 Year Returns
-13.7%
NSEI:PSB
17.8%
IN Banks
3.3%
IN Market
PSB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Punjab & Sind Bank (PSB) -0.2% 17.2% -9% -13.7% -11.8% -31.2%
IN Banks 0.7% 9.3% 7.3% 17.8% 58.1% 67.8%
IN Market -0.3% 6.5% 2.8% 3.3% 42.8% 75.4%
1 Year Return vs Industry and Market
  • PSB underperformed the Banks industry which returned 17.8% over the past year.
  • PSB underperformed the Market in India which returned 3.3% over the past year.
Price Volatility
PSB
Industry
5yr Volatility vs Market

Value

 Is Punjab & Sind Bank undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Punjab & Sind Bank. This is due to cash flow or dividend data being unavailable. The share price is ₹30.25.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Punjab & Sind Bank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Punjab & Sind Bank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:PSB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-19.21
BSE:533295 Share Price ** BSE (2019-03-22) in INR ₹30.25
India Banks Industry PE Ratio Median Figure of 19 Publicly-Listed Banks Companies 21.69x
India Market PE Ratio Median Figure of 2,730 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Punjab & Sind Bank.

NSEI:PSB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:533295 Share Price ÷ EPS (both in INR)

= 30.25 ÷ -19.21

-1.57x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Punjab & Sind Bank is loss making, we can't compare its value to the IN Banks industry average.
  • Punjab & Sind Bank is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Punjab & Sind Bank's expected growth come at a high price?
Raw Data
NSEI:PSB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.57x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
51%per year
India Banks Industry PEG Ratio Median Figure of 18 Publicly-Listed Banks Companies 0.89x
India Market PEG Ratio Median Figure of 595 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Punjab & Sind Bank, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Punjab & Sind Bank's assets?
Raw Data
NSEI:PSB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹102.02
BSE:533295 Share Price * BSE (2019-03-22) in INR ₹30.25
India Banks Industry PB Ratio Median Figure of 40 Publicly-Listed Banks Companies 0.61x
India Market PB Ratio Median Figure of 3,621 Publicly-Listed Companies 1.11x
NSEI:PSB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:533295 Share Price ÷ Book Value per Share (both in INR)

= 30.25 ÷ 102.02

0.3x

* Primary Listing of Punjab & Sind Bank.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Punjab & Sind Bank is good value based on assets compared to the IN Banks industry average.
X
Value checks
We assess Punjab & Sind Bank's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Punjab & Sind Bank has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Punjab & Sind Bank expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Punjab & Sind Bank, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
51%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Punjab & Sind Bank expected to grow at an attractive rate?
  • Punjab & Sind Bank's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Punjab & Sind Bank's earnings growth is expected to exceed the India market average.
  • Unable to compare Punjab & Sind Bank's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:PSB Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:PSB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 51%
India Banks Industry Earnings Growth Rate Market Cap Weighted Average 36.9%
India Banks Industry Revenue Growth Rate Market Cap Weighted Average 21%
India Market Earnings Growth Rate Market Cap Weighted Average 18.6%
India Market Revenue Growth Rate Market Cap Weighted Average 11.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:PSB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:PSB Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 5,954 -10,095
2018-09-30 2,290 -12,901
2018-06-30 4,772 -11,672
2018-03-31 10,768 -151,227 -7,438
2017-12-31 13,684 -2,108
2017-09-30 17,058 1,249
2017-06-30 16,869 1,731
2017-03-31 17,460 52,146 2,011
2016-12-31 18,672 2,909
2016-09-30 18,880 2,837
2016-06-30 19,659 3,462
2016-03-31 18,828 -36,057 3,360

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Punjab & Sind Bank's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Punjab & Sind Bank is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:PSB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Punjab & Sind Bank Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:PSB Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 -19.21
2018-09-30 -26.58
2018-06-30 -26.37
2018-03-31 -18.49
2017-12-31 -5.27
2017-09-30 3.13
2017-06-30 4.32
2017-03-31 5.02
2016-12-31 7.26
2016-09-30 7.09
2016-06-30 8.64
2016-03-31 8.39

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Punjab & Sind Bank will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Punjab & Sind Bank's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Punjab & Sind Bank has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Punjab & Sind Bank performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Punjab & Sind Bank's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Punjab & Sind Bank does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Punjab & Sind Bank's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Punjab & Sind Bank's 1-year growth to the IN Banks industry average as it is not currently profitable.
Earnings and Revenue History
Punjab & Sind Bank's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Punjab & Sind Bank Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:PSB Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 5,953.56 -10,095.28 16,225.23
2018-09-30 2,289.76 -12,901.18 15,533.63
2018-06-30 4,772.06 -11,671.88 15,145.63
2018-03-31 10,768.46 -7,437.98 14,574.13
2017-12-31 13,683.69 -2,108.46 13,490.75
2017-09-30 17,057.69 1,249.14 13,463.35
2017-06-30 16,869.19 1,731.04 13,198.05
2017-03-31 17,460.29 2,010.84 13,057.95
2016-12-31 18,672.30 2,908.72 11,967.98
2016-09-30 18,879.80 2,836.82 11,955.98
2016-06-30 19,658.60 3,461.62 12,000.08
2016-03-31 18,827.80 3,359.72 12,045.18
2015-12-31 16,973.86 1,676.08 12,333.35
2015-09-30 16,027.56 1,552.38 12,089.75
2015-06-30 15,355.96 1,430.78 11,866.95
2015-03-31 14,798.16 1,213.48 11,654.35
2014-12-31 15,450.68 2,043.80 11,219.90
2014-09-30 15,648.88 2,465.40 11,133.80
2014-06-30 13,949.78 1,772.90 10,928.70
2014-03-31 14,931.78 2,775.70 11,040.60
2013-12-31 16,613.57 3,674.60 10,888.61
2013-09-30 16,238.67 3,410.30 10,436.61
2013-06-30 17,516.67 4,151.40 10,363.01
2013-03-31 14,356.10 3,174.60 9,818.94
2012-12-31 16,669.93 3,405.50 9,962.08
2012-09-30 17,100.93 3,585.00 10,287.58
2012-06-30 17,657.23 3,891.90 12,390.78
2012-03-31 17,727.83 4,292.50 10,365.18

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Punjab & Sind Bank has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Punjab & Sind Bank has efficiently used its assets last year compared to the IN Banks industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Punjab & Sind Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Punjab & Sind Bank's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Punjab & Sind Bank has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Punjab & Sind Bank's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Punjab & Sind Bank's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Punjab & Sind Bank Company Filings, last reported 2 months ago.

NSEI:PSB Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 56,977.80 27,140.00 57,123.40
2018-09-30 56,754.40 29,139.70 49,059.40
2018-06-30 57,846.60 34,328.30 43,522.10
2018-03-31 61,826.85 36,829.85 47,022.11
2017-12-31 59,035.90 52,420.00 52,269.10
2017-09-30 61,684.10 33,587.50 51,332.50
2017-06-30 61,612.70 42,582.50 62,701.60
2017-03-31 61,424.69 29,584.38 32,752.53
2016-12-31 60,710.60 32,935.64 44,148.68
2016-09-30 60,710.60 32,935.64 44,148.68
2016-06-30 59,702.18 28,390.14 43,088.12
2016-03-31 59,702.18 28,390.14 43,088.12
2015-12-31 57,497.11 28,748.66 35,216.18
2015-09-30 57,497.11 28,748.66 35,216.18
2015-06-30 55,961.75 30,482.30 6,618.58
2015-03-31 55,961.75 30,482.30 34,069.98
2014-12-31
2014-09-30
2014-06-30 50,112.88 23,050.42 17,310.53
2014-03-31 50,112.88 23,050.42 17,310.53
2013-12-31
2013-09-30
2013-06-30 46,041.02 25,400.51 10,054.75
2013-03-31 46,041.02 25,400.51 10,054.75
2012-12-31
2012-09-30
2012-06-30 42,489.48 33,823.28 8,312.87
2012-03-31 42,489.48 33,823.28 8,312.87
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Punjab & Sind Bank has an acceptable proportion of non-loan assets held.
  • Punjab & Sind Bank's liabilities are made up of primarily low risk sources of funding.
  • Loans at Punjab & Sind Bank are broadly funded by customer deposits.
  • Punjab & Sind Bank's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Punjab & Sind Bank has a sufficient allowance for bad loans without relevant financial data.
  • Punjab & Sind Bank has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Punjab & Sind Bank's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Punjab & Sind Bank has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Punjab & Sind Bank's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Punjab & Sind Bank dividends.
If you bought ₹2,000 of Punjab & Sind Bank shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Punjab & Sind Bank's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Punjab & Sind Bank's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:PSB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Banks Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:PSB Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-05-16 0.000 0.000
2018-02-14 0.000 0.000
2017-11-14 0.000 0.000
2017-08-09 0.000 0.000
2017-05-18 0.000 0.000
2017-05-16 0.000 0.000
2016-05-20 1.650 3.234
2016-05-18 1.650 4.385
2015-06-03 0.600 1.590
2015-05-12 0.600 1.289
2014-06-10 2.200 3.773
2014-05-19 2.200 3.346
2014-05-12 2.200 4.483
2014-01-28 3.200 7.294
2014-01-16 3.200 7.130
2013-06-26 2.680 6.032
2012-06-25 2.000 3.085
2011-06-20 2.000 2.717

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Punjab & Sind Bank has not reported any payouts.
  • Unable to verify if Punjab & Sind Bank's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Punjab & Sind Bank's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Punjab & Sind Bank has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Punjab & Sind Bank's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Punjab & Sind Bank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Punjab & Sind Bank has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Punjab & Sind Bank's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
S. Harisankar
AGE 57
TENURE AS CEO 0.5 years
CEO Bio

Mr. S. Harisankar serves as Managing Director, Chief Executive Officer and Director of Punjab & Sind Bank since September 19, 2018. He served as an Executive Director of Allahabad Bank till September 19, 2018. He is a highly experienced Banker who started his banking career as Probationary Officer in 1985 and worked in almost all key segments of banking in various capacities at Branches, Administrative Offices & Controlling Offices of State Bank of Travancore. He served as Senior Vice President & Branch Head of Toronto Branch in State Bank of India, Canada. In his long stint in banking career, he in the capacity of General Manager handled many important portfolios like IT, BPR, New Business Initiatives and Operations etc. He became Chief General Manager in May 2016 and was deputed to State Bank of Bikaner & Jaipur, heading Retail Banking before joining Allahabad Bank. A graduate in Agriculture Sciences, he had undergone many prestigious training programs like Global Advanced Management Program at Shanghai, Executive & Leadership Development Programme at IIM Kozhikode, New Product Development and Marketing at ASCI, Hyderabad etc.

CEO Compensation
  • Insufficient data for S. to compare compensation growth.
  • Insufficient data for S. to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure

Average tenure and age of the Punjab & Sind Bank management team in years:

0.8
Average Tenure
58
Average Age
  • The average tenure for the Punjab & Sind Bank management team is less than 2 years, this suggests a new team.
Management Team

Fareed Abdul Ahmed

TITLE
Executive Director
COMPENSATION
₹2M
AGE
58

Govind Dongre

TITLE
Executive Director
COMPENSATION
₹2M
AGE
58

S. Harisankar

TITLE
MD, CEO & Director
AGE
57
TENURE
0.5 yrs

Harvinder Sachdev

TITLE
CFO & GM of Accounts
TENURE
1 yrs

Ajit Ahuja

TITLE
Compliance Officer

Subhash Ahuja

TITLE
Chief Customer Service Officer
TENURE
2.9 yrs

Chander Singh

TITLE
Chief Manager

Daljit Grover

TITLE
Chief Risk Officer & GM
TENURE
0.7 yrs

Sanjay Jain

TITLE
Chief Vigilance Officer
Board of Directors Tenure

Average tenure and age of the Punjab & Sind Bank board of directors in years:

1.5
Average Tenure
58
Average Age
  • The average tenure for the Punjab & Sind Bank board of directors is less than 3 years, this suggests a new board.
Board of Directors

Charan Singh

TITLE
Non-Executive Chairman
TENURE
0.8 yrs

Fareed Abdul Ahmed

TITLE
Executive Director
COMPENSATION
₹2M
AGE
58
TENURE
2.1 yrs

Govind Dongre

TITLE
Executive Director
COMPENSATION
₹2M
AGE
58
TENURE
1.4 yrs

S. Harisankar

TITLE
MD, CEO & Director
AGE
57
TENURE
0.5 yrs

Harsh Singh

TITLE
Non-Official Shareholder Director
COMPENSATION
₹350K
AGE
64
TENURE
1.7 yrs

Shailesh Ghedia

TITLE
Non Official Part Time Director
COMPENSATION
₹50K
AGE
61
TENURE
1.3 yrs

Pradipta Jena

TITLE
RBI Nominee Director
AGE
59
TENURE
5.8 yrs

Sewa Mehar

TITLE
Government Nominee Director
AGE
56
TENURE
4.5 yrs

Tirath Mendiratta

TITLE
Non-Official Shareholder Director
COMPENSATION
₹250K
AGE
59
TENURE
1.7 yrs

Madhu Dadu

TITLE
Non Official Director
COMPENSATION
₹70K
AGE
55
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Punjab & Sind Bank's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Punjab & Sind Bank has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Imagine Owning Punjab & Sind Bank (NSE:PSB) And Wondering If The 26% Share Price Slide Is Justified

Punjab & Sind Bank (NSE:PSB) shareholders should be happy to see the share price up 16% in the last month. … Because Punjab & Sind Bank is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … Over half a decade Punjab & Sind Bank reduced its trailing twelve month revenue by 11% for each year.

Simply Wall St -

What You Should Know About Punjab & Sind Bank’s (NSE:PSB) Liquidity

Punjab & Sind Bank’s (NSE:PSB) profitability and risk are largely affected by the underlying economic growth for the region it operates in IN given it is a small-cap stock with a market capitalisation of ₹16.7b. … The Basel III reforms are aimed at banking regulations to improve financial institutions’ ability to absorb shocks caused by economic stress which could expose banks like Punjab & Sind Bank to vulnerabilities. … High liquidity and low leverage could position Punjab & Sind Bank favourably at the face of macro headwinds.

Simply Wall St -

Financial Metrics For Punjab & Sind Bank (NSE:PSB)

As a small-cap bank stock with a market capitalisation of ₹15.93b, Punjab & Sind Bank’s (NSE:PSB) risk and profitability are largely determined by the underlying economic growth of the IN regions in which it operates. … The Basel III reforms are aimed at banking regulations to improve financial institutions’ ability to absorb shocks caused by economic stress which could expose banks like Punjab & Sind Bank to vulnerabilities. … Today we will be measuring Punjab & Sind Bank’s financial risk position by looking at three leverage and liquidity metrics.

Simply Wall St -

How Punjab & Sind Bank (NSE:PSB) Can Impact Your Portfolio Volatility

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Based on this beta value, PSB appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

Simply Wall St -

Why These Fundamentals Make Punjab & Sind Bank’s (NSE:PSB) More Attractive

Check out our latest analysis for Punjab & Sind Bank NSEI:PSB Historical Debt Apr 12th 18 Is PSB's Leverage Level Appropriate? … Since Punjab & Sind Bank’s loan to deposit ratio of 63.86%is well-below than the appropriate maximum of 90%, this means the bank is lending out less than its total level of deposits and positions the bank cautiously in terms of liquidity as it has not disproportionately lent out its deposits and has retained an apt level of deposits. … Given the large headroom for growth in loans, the bank has opportunity to grow its interest income.Next Steps: Punjab & Sind Bank ticks all the boxes for operational prudency in terms of liquidity and leverage.

Simply Wall St -

What Kind Of Risk And Return Should You Expect For Punjab & Sind Bank (NSE:PSB)?

Punjab & Sind Bank's beta of 0.71 indicates that the stock value will be less variable compared to the whole stock market. … PSB’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … This is an interesting conclusion, since both PSB’s size and industry indicates the stock should have a higher beta than it currently has.

Simply Wall St -

What Makes Punjab & Sind Bank (NSE:PSB) A Complex Investment?

See our latest analysis for Punjab & Sind Bank NSEI:PSB Historical Debt Jan 12th 18 Is PSB's Leverage Level Appropriate? … Compared to the appropriate industry loan to deposit level of 90%, Punjab & Sind Bank’s ratio of over 62.82%is noticeably lower, which means the bank is lending out less than its total level of deposits and positions the bank cautiously in terms of liquidity as it has not disproportionately lent out its deposits and has retained an apt level of deposits. … Given the large headroom for growth in loans, the bank has opportunity to grow its interest income.Conclusion Punjab & Sind Bank ticks all the boxes for operational prudency in terms of liquidity and leverage.

Simply Wall St -

Company Info

Description

Punjab & Sind Bank provides various banking and financial products and services in India. It operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers deposit products, including saving, current, recurring, fixed, and term deposits; and loans, such as housing, auto, education, skill, commercial vehicle, consumer and computer, personal, doctor, mortgage, and other loans, as well as sukhmoney scheme for senior citizens, SB OD schemes, and loans against property. It also provides non fund based letter of credit, LC advising/confirming, bank guarantee, letter of comfort for availing the buyers credit, co-acceptance facility, solvency certificate, and credit report products and services, as well as priority sector schemes and debt restructuring services. In addition, the company offers locker facility, RTGS/NEFT, Internet banking, online payment, mobile banking, and SMS and ATM banking services; debit and credit cards; and international banking services comprising NRI, forex daily rate card, resident facility, export/import, forex treasury, gold card scheme, and SWIFT services. Punjab & Sind Bank was founded in 1908 and is headquartered in New Delhi, India.

Details
Name: Punjab & Sind Bank
PSB
Exchange: NSEI
Founded: 1908
₹17,088,596,591
564,912,284
Website: http://www.psbindia.com
Address: Punjab & Sind Bank
21-Rajendra Place,
1st Floor,
New Delhi,
Delhi, 110008,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 533295 Equity Shares Mumbai Stock Exchange IN INR 30. Dec 2010
NSEI PSB Equity Shares National Stock Exchange of India IN INR 30. Dec 2010
Number of employees
Current staff
Staff numbers
9,320
Punjab & Sind Bank employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/24 12:50
End of day share price update: 2019/03/22 00:00
Last earnings filing: 2019/02/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.