Public sector bank stocks are in the spotlight after reporting strong business growth in the first quarter of FY26. The healthy performance has boosted investor sentiment, signaling resilience in the sector despite broader economic uncertainties.
Following are the three PSU Bank stocks that have reported healthy business growth in Q1 FY26:
UCO Bank
With a market cap of Rs. 40,628 crores, the stock moved up by nearly 2 percent on BSE, rising to Rs. 32.9 on Friday. In Q1 FY26, the bank’s total business grew nearly 13.7 percent YoY, reaching Rs. 5.24 lakh crore, compared to Rs. 4.61 lakh crore in Q1 FY25.
Total advances jumped 16.6 percent to Rs. 2.25 lakh crore, up from Rs. 1.93 lakh crore a year earlier, while total deposits rose 11.6 percent YoY to Rs. 2.99 lakh crore, from Rs. 2.68 lakh crore.
Domestically, the bank delivered even stronger numbers. Domestic advances surged 19.8 percent YoY to Rs. 2 lakh crore (from Rs. 1.67 lakh crore), and domestic deposits rose 9.8 percent to Rs. 2.80 lakh crore, compared to Rs. 2.55 lakh crore in Q1 FY25.
UCO Bank, a commercial bank and a Government of India Undertaking, is engaged in offering a wide range of banking solutions including international banking services, services for NRIs, loan schemes, deposit schemes and value-added e-banking solutions.
Punjab & Sind Bank
With a market cap of Rs. 23,295 crores, the stock moved up by nearly 2 percent on BSE, rising to Rs. 33.4 on Friday. In Q1 FY26, the bank’s total business grew 10.9 percent YoY to Rs. 2.31 lakh crore, up from Rs. 2.08 lakh crore in Q1 FY25.
Total deposits rose 8.8 percent YoY to Rs. 1.31 lakh crore, compared to Rs. 1.2 lakh crore a year ago, while gross advances climbed 13.9 percent YoY to Rs. 99,946 crore, from Rs. 87,738 crore in Q1 FY25.
Punjab and Sind Bank, a leading Public Sector bank and a major bank in Northern India, engaged in taking deposits, making advances & investments, and is principally divided into retail banking, corporate banking, priority sector banking, treasury operations, and other banking services.
Bank of Baroda
With a market cap of Rs. 1.24 lakh crores, the stock moved down by nearly 1.2 percent on BSE, falling to Rs. 239.3 on Friday. In Q1 FY26, the bank’s global business rose 10.7 percent year-on-year, reaching Rs. 26.43 lakh crore, up from Rs. 23.87 lakh crore in Q1 FY25.
Growth was broad-based: global deposits increased 9.13 percent YoY to Rs. 14.36 lakh crore (from Rs. 13.16 lakh crore), while global advances rose 12.6 percent to Rs. 12.07 lakh crore, compared to Rs. 10.7 lakh crore a year ago.
On the domestic front, deposits were up 8.1 percent YoY at Rs. 12.04 lakh crore, and advances climbed 12.4 percent YoY to Rs. 9.91 lakh crore, both showing solid traction in the bank’s core operations during Q1 FY26.
Bank of Baroda, one of the leading commercial public sector banks in India, is engaged in offering solutions including personal banking, business banking, corporate banking, wholesale banking, and international business.
Written by Shivani Singh
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