PSU Bank FairStock Scores Hit 67, Altman Z Below 1.8

67.0. PSU bank FairStock scores average 67.0, second among sectors tracked by FairStock.ai. Seven public sector banks show Altman Z-scores between 0.33 and 0.37. The 1.8 distress threshold sits above that range. FairStock.ai's Altman screen flags [State Bank of India](/stock/SBIN) (NSE: SBIN), [Central Bank of India](/stock/CENTRALBK) (NSE: CENTRALBK), [Canara Bank](/stock/CANBK) (NSE: CANBK), [Bank of Baroda](/stock/BANKBARODA) (NSE: BANKBARODA), [Punjab National Bank](/stock/PNB) (NSE: PNB), [Bank of India](/stock/BANKINDIA) (NSE: BANKINDIA), [UCO Bank](/stock/UCOBANK) (NSE: UCOBANK), and [Union Bank of India](/stock/UNIONBANK) (NSE: UNIONBANK). Seven of these names carry Z-scores below 0.40. The 0.33 to 0.37 range sits far below the 1.8 distress line. PSU Bank FairStock Scores Rank Second The sector average of 67.0 is the second-highest FairStock Score across all sectors on the platform. That's a composite of operating performance, valuation, and technical signals. It tells you these banks aren't struggling to generate operating income. Return on assets has improved across the group over the past four quarters, and credit growth has held up in the mid-teens for larger names. The Altman Z-score looks at a different set of inputs. Liquidity, retained earnings, operating income, debt levels, and sales-to-assets all feed the model. PSU banks carry large government bond portfolios and thin core equity capital. That mix can produce a low Z-score even when net interest margins and fee income are stable. Altman Z-Scores Under 1.8: The Seven Names Seven of the eight affected banks post Z-scores between 0.33 and 0.37. [Union Bank of India](/stock/UNIONBANK) also sits below 1.8. The tight band is not a minor miss. It's a structural signal. The screen gives investors a different view from the FairStock Score. A FairStock Score above 70 still needs an Altman check. In this sector, the state ownership lowers default risk, but it doesn't remove equity risk. If credit cos...