New Delhi: Punjab & Sind Bank, one of India’s prominent nationalized banks, has officially announced the Record Date for its Final Dividend for the financial year 2024–25 as Tuesday, 29th July 2025. The bank also informed that its 15th Annual General Meeting (AGM) will be held on Tuesday, 5th August 2025, through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).
This update was communicated through exchanges on Monday and is accompanied by details of the book closure period, which will run from 30th July to 5th August 2025, both days inclusive.
Strong Q4 Financial Performance
Punjab & Sind Bank delivered an impressive financial performance in the March-end quarter of FY 2024–25, with:
- Revenue: ₹1,700 crore — up 16.22% year-on-year (YoY)
- Net Income: ₹281.96 crore — up 146.66% YoY
- Net Profit Margin: 24.15% for Q4 FY25
The results highlight the Bank’s improving operational efficiency and sustained growth in core income.
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Muted Market Reaction Despite Strong Results
Despite the robust financial performance, shares of Punjab & Sind Bank remained muted during Monday’s trading session. The stock closed at ₹32.35, down 1.73% for the day.
Other key financial metrics include:
- Price-to-Earnings (P/E) Ratio: 21.57
- 52-week High (BSE): ₹73.64
Analysts note that while fundamentals remain strong, broader market sentiments and sector-specific pressures may be contributing to the stock’s temporary underperformance.
Key Dates to Remember
- Record Date for Final Dividend: 29 July 2025
- Book Closure Period: 30 July to 5 August 2025
- 15th Annual General Meeting (AGM): 5 August 2025 (via VC/OAVM)
Investors holding shares as of the Record Date will be eligible for the final dividend as recommended by the board.
About PSB
Punjab & Sind Bank (PSB) is an Indian nationalized bank, headquartered in New Delhi, with a history dating back to 1908. It was founded on the principle of social commitment to uplift the weaker sections of society. The bank is owned by the Government of India, through the Ministry of Finance.
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