Punjab & Sind Bank Profit margin
What is the Profit margin of Punjab & Sind Bank?
The Profit margin of Punjab & Sind Bank is 31.30%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Finance sector on NSE compared to Punjab & Sind Bank
What does Punjab & Sind Bank do?
Punjab & Sind Bank provides various banking and financial products and services in India. It operates through four segments: Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers deposit products, including saving accounts, current accounts, recurring deposit accounts, and fixed deposits; and loans, such as home, auto, skill education, commercial vehicle, personal, doctor, mortgage, business, gold, and other loans, as well as sukhmoney scheme for senior citizens, and SB OD schemes. It also provides non fund based products, such as 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 debt restructuring services. In addition, the company offers locker facility, government schemes, and life and general insurance; digital banking services, including internet and mobile banking, SMS banking, Aadhaar seeding, point of sale, unified payment interface, real time gross settlement, NEFT, ATM/debit cards, and online payment; international banking services comprising NRI schemes, export/import services, forex treasury, and resident facility, as well as products for micro and small enterprises. It operates through 25 zonal offices comprising 1526 branches. Punjab & Sind Bank was incorporated in 1908 and is headquartered in New Delhi, India.
Companies with profit margin similar to Punjab & Sind Bank
- La Opala RG has Profit margin of 31.21%
- FirstRand has Profit margin of 31.24%
- Canadian Pacific Railway has Profit margin of 31.28%
- Canadian Pacific Kansas City has Profit margin of 31.28%
- Artemis Alpha Trust plc has Profit margin of 31.28%
- Polymetal International Plc has Profit margin of 31.28%
- Punjab & Sind Bank has Profit margin of 31.30%
- PHX Minerals Inc has Profit margin of 31.31%
- Bendigo and Adelaide Bank has Profit margin of 31.31%
- Spectra Systems has Profit margin of 31.33%
- Edvantage has Profit margin of 31.34%
- Oil India has Profit margin of 31.36%
- Extra Space Storage has Profit margin of 31.37%