Punjab National Bank

NSE: PNB · Financial Services

₹126.55+0.36%06 Nov 2026

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Instant answers about Punjab National Bank — computed from its filings, no language model

Market cap₹1,45,443 cr

Current price₹126.55

High / Low₹132 / ₹99

P/E6.4

P/B0.90

Book value₹140.1

ROE14.2%

ROCE—

Debt / equity—

Dividend yield2.29%

EPS (TTM)₹19.89

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY20	FY21	FY22	FY23	FY24	FY26
Total income	64,306	94,991	88,339	99,085	1,22,394	1,49,463
Pre-provision op. profit	15,158	23,670	21,026	22,932	25,051	29,565
Operating margin	23.6%	24.9%	23.8%	23.1%	20.5%	19.8%
Interest	36,997	50,805	46,823	51,817	68,534	88,069
Profit before tax	827	3,784	4,595	4,861	13,332	27,082
Tax	464	1,632	919	1,792	5,003	9,986
Net profit	438	2,562	3,861	3,348	9,107	18,393
EPS ₹	0.80	2.64	3.53	3.04	8.27	16.00
Operating cash flow	—	—	19,932	22,592	-27,939	25,635
Capex	—	—	536	552	1,144	1,625
Dividend paid	—	—	0	705	716	3,325
Total assets	—	12,60,633	13,14,805	—	15,98,636	20,33,331
Equity	—	90,937	95,487	—	1,10,387	1,49,972

Quarterly performance

last 28 quarters · ₹ crore

showing latest 8 of 28 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Total income	15,427	15,844	16,211	16,824	24,728	23,844	23,639	22,780	22,815	21,597	22,275	21,351	23,292	26,134	28,132	29,033	29,857	30,527	32,976	32,760	35,111	35,286	37,999	36,684	37,903	36,878	37,954	38,791
Pre-provision op. profit	3,568	3,655	3,802	4,134	5,568	5,838	6,557	5,707	6,199	4,136	5,083	5,307	5,510	5,762	6,338	5,934	6,239	6,378	6,500	6,654	7,009	6,652	7,319	7,155	7,570	7,521	7,663	7,564
Operating margin	23.1%	23.1%	23.5%	24.6%	22.5%	24.5%	27.7%	25.1%	27.2%	19.2%	22.8%	24.9%	23.7%	22.0%	22.5%	20.4%	20.9%	20.9%	19.7%	20.3%	20.0%	18.9%	19.3%	19.5%	20.0%	20.4%	20.2%	19.5%
Other income	2,100	2,293	2,376	2,618	3,895	2,540	3,041	3,733	3,586	3,262	2,696	2,261	2,704	3,325	3,827	3,360	2,999	2,676	4,294	3,615	4,664	3,392	5,427	4,171	5,013	4,080	4,365	3,524
Interest	9,087	9,183	9,367	9,360	13,949	12,745	12,135	11,975	11,843	11,786	11,697	11,497	12,172	13,513	14,690	16,064	16,820	17,444	18,206	18,536	19,790	20,738	21,828	21,858	22,164	22,219	22,583	23,464
Profit before tax	1,493	561	-384	-843	829	939	1,076	939	1,497	889	1,739	470	626	1,043	2,630	1,979	2,778	3,634	4,940	5,751	6,729	7,055	6,973	6,527	6,440	7,141	7,108	7,488
Tax	460	131	118	-246	354	395	491	393	417	-311	588	225	263	383	889	768	1,014	1,382	1,839	2,035	2,297	2,406	5,141	1,678	1,250	1,916	1,769	1,927
Net profit	1,074	570	-385	-820	538	576	747	701	1,168	1,104	1,250	338	494	708	1,864	1,342	1,990	2,433	3,342	3,976	4,714	4,801	2,120	5,125	5,556	5,592	5,815	5,898
EPS ₹	2.33	1.24	-0.65	-1.22	0.57	0.61	0.78	0.67	1.09	1.00	1.14	0.31	0.44	0.64	1.69	1.22	1.81	2.21	3.04	3.61	4.27	4.18	1.84	4.46	4.83	4.83	5.06	5.13
Revenue YoY	—	—	—	—	60.3%	50.5%	45.8%	35.4%	-7.7%	-9.4%	-5.8%	-6.3%	7.8%	17.3%	31.8%	—	28.2%	16.8%	17.2%	12.8%	17.6%	15.6%	16.0%	4.5%	7.4%	—	-0.1%	5.7%
Profit YoY	—	—	—	—	-49.9%	1.1%	—	—	117.3%	91.7%	67.3%	-51.7%	-55.3%	-43.3%	451.1%	—	302.8%	243.5%	79.3%	196.3%	136.9%	97.3%	-46.7%	8.7%	15.7%	—	174.3%	15.1%

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Punjab National Bank reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Total income	22,246	24,951	30,599	40,631	46,109	47,800	52,206	54,301	57,635	56,877	58,688
Pre-provision op. profit	5,744	7,245	9,056	10,614	10,907	11,384	11,955	12,216	15,973	10,294	12,995
Operating margin	25.8%	29.0%	29.6%	26.1%	23.7%	23.8%	22.9%	22.5%	27.7%	18.1%	22.1%
Other income	2,920	3,223	3,592	4,203	4,216	4,577	5,891	6,877	10,359	8,881	7,377
Interest	12,295	12,944	15,179	23,014	27,037	27,077	29,760	32,113	32,283	33,073	34,154
Profit before tax	4,767	5,905	6,564	7,037	6,522	4,691	3,957	-5,738	2,012	-19,575	-15,346
Tax	1,676	1,999	2,130	2,153	1,774	1,348	896	-1,763	687	-7,292	-5,370
Net profit	3,091	3,905	4,434	4,884	4,748	3,343	3,062	-3,974	1,325	-12,283	-9,975

Quarters

showing latest 8 of 47 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Total income	3,931	4,120	4,417	4,595	5,313	6,240	6,098	6,178	6,076	6,237	6,461	6,863	7,174	7,976	8,586	9,399	9,841	10,435	10,956	11,711	11,326	11,519	11,553	11,747	11,633	11,922	12,498	12,825	13,020	12,905	13,456	13,432	13,702	13,891	13,276	13,930	14,218	14,498	14,989	14,468	14,205	15,258	12,946	15,072	14,036	14,854	14,725
Pre-provision op. profit	855	991	1,227	982	1,368	1,806	1,588	1,569	1,606	1,818	2,251	2,098	2,100	2,350	2,508	2,474	2,528	2,676	2,936	2,841	2,533	2,682	2,852	2,974	2,535	2,702	3,173	3,125	2,876	2,751	3,203	3,132	2,939	2,918	3,228	3,275	3,312	3,155	6,232	3,217	3,279	4,245	-447	4,195	2,840	3,100	2,861
Operating margin	21.8%	24.1%	27.8%	21.4%	25.7%	28.9%	26.0%	25.4%	26.4%	29.2%	34.8%	30.6%	29.3%	29.5%	29.2%	26.3%	25.7%	25.6%	26.8%	24.3%	22.4%	23.3%	24.7%	25.3%	21.8%	22.7%	25.4%	24.4%	22.1%	21.3%	23.8%	23.3%	21.4%	21.0%	24.3%	23.5%	23.3%	21.8%	41.6%	22.2%	23.1%	27.8%	-3.5%	27.8%	20.2%	20.9%	19.4%
Other income	468	483	537	456	663	945	856	970	669	731	853	872	718	857	1,145	1,084	889	954	1,276	1,166	905	970	1,174	1,342	899	938	1,397	1,236	1,558	1,291	1,805	1,397	1,357	1,671	2,452	2,355	2,388	2,513	3,103	2,332	1,906	3,082	1,561	1,959	1,710	1,819	1,889
Interest	2,172	2,212	2,363	2,694	2,938	3,327	3,336	3,346	3,312	3,176	3,110	3,373	3,479	3,916	4,411	5,200	5,499	5,944	6,370	6,850	6,772	6,815	6,600	6,497	6,718	6,763	7,100	7,209	7,311	7,381	7,859	7,932	8,023	8,101	8,056	7,876	7,951	8,253	8,203	8,281	8,284	8,187	8,321	8,421	8,352	8,745	8,635
Profit before tax	777	834	1,059	772	1,050	1,625	1,320	1,268	1,390	1,536	1,711	1,564	1,584	1,636	1,780	1,580	1,817	1,730	1,909	1,808	1,459	1,880	1,374	1,907	636	1,112	1,035	2,198	1,108	1,283	-632	1,321	1,056	-858	-7,257	536	778	219	478	609	838	-221	-20,800	-1,563	-6,918	346	-7,210
Tax	239	292	515	260	343	619	455	436	463	525	576	496	510	546	579	475	612	580	485	563	393	575	243	632	131	357	228	793	533	508	-938	600	435	-909	-1,890	230	229	12	216	265	278	-452	-7,384	-623	-2,386	100	-2,460
Net profit	538	541	544	512	707	1,006	866	832	927	1,011	1,135	1,068	1,075	1,090	1,201	1,105	1,205	1,150	1,424	1,246	1,066	1,306	1,131	1,275	505	755	806	1,405	575	775	307	721	621	51	-5,367	306	549	207	262	343	561	230	-13,417	-940	-4,532	247	-4,750
EPS ₹	17.08	17.17	17.25	16.25	22.43	31.90	27.45	26.39	29.40	32.07	36.00	33.88	34.08	34.56	38.08	34.88	38.04	36.30	44.78	36.73	31.42	38.49	32.91	36.08	14.30	21.29	22.27	38.81	15.89	4.28	1.69	3.89	3.35	0.26	-27.33	1.56	2.76	0.97	1.23	1.61	2.63	1.04	-54.89	-3.41	-16.18	0.70	-12.38
Revenue YoY	—	—	—	—	35.2%	51.5%	38.1%	34.5%	14.4%	-0.1%	5.9%	11.1%	18.1%	27.9%	32.9%	36.9%	37.2%	30.8%	27.6%	24.6%	15.1%	10.4%	5.5%	0.3%	2.7%	3.5%	8.2%	9.2%	11.9%	8.2%	7.7%	4.7%	5.2%	7.6%	-1.3%	3.7%	3.8%	4.4%	12.9%	3.9%	-0.1%	5.2%	-13.6%	4.2%	-1.2%	-2.6%	13.7%
Profit YoY	—	—	—	—	31.3%	85.8%	59.2%	62.4%	31.1%	0.5%	31.1%	28.4%	15.9%	7.8%	5.8%	3.4%	12.1%	5.5%	18.6%	12.7%	-11.6%	13.5%	-20.6%	2.4%	-52.6%	-42.1%	-28.7%	10.2%	13.8%	2.5%	-62.0%	-48.7%	7.9%	-93.4%	-1850.8%	-57.5%	-11.5%	306.2%	—	12.1%	2.0%	11.1%	-5222.9%	-373.7%	-908.5%	7.1%	—

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 19 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	2.8%	3.5%	4.1%	4.6%	4.0%	4.4%	5.6%	7.2%	8.3%	10.6%	11.4%	13.3%	12.3%	14.7%	14.2%
Net margin	0.7%	-0.1%	-0.1%	1.2%	2.7%	3.4%	4.1%	4.7%	4.4%	4.1%	5.2%	6.5%	7.4%	9.3%	11.0%	12.4%	12.3%	14.8%	15.1%
EBITDA margin	23.6%	23.3%	23.7%	24.8%	24.9%	26.1%	24.9%	23.6%	23.5%	22.1%	21.5%	21.2%	20.5%	20.4%	20.2%	19.7%	19.8%	20.0%	20.0%
Asset turnover	—	—	—	—	0.08	0.07	0.07	0.07	0.07	0.08	0.07	0.08	0.08	0.08	0.08	0.08	0.07	0.07	0.07

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	MAR '21‡	MAR '22‡	SEP '22	SEP '23	MAR '24	SEP '24	SEP '25	MAR '26	SEP '26
Share capital	2,096	2,202	2,202	2,202	2,202	2,299	2,299	2,299	2,299
Reserves	88,842	93,285	98,783	1,04,033	1,08,185	1,24,363	1,39,948	1,47,674	1,58,683
Total equity	90,937	95,487	1,00,985	1,06,235	1,10,387	1,26,661	1,42,247	1,49,972	1,60,982
Deposits	11,06,332	11,46,218	12,01,445	13,18,264	13,79,225	14,68,416	16,29,131	17,24,795	17,92,780
Borrowings	42,840	45,681	73,573	74,666	72,586	94,496	1,09,162	1,07,558	1,37,836
Total assets	12,60,633	13,14,805	14,02,035	15,31,673	15,98,636	17,22,652	19,20,935	20,33,331	21,28,852
Advances	6,74,230	7,28,186	7,79,107	8,96,496	9,41,762	10,27,870	11,44,448	12,37,980	13,23,830
Investments	3,92,983	3,72,168	4,11,113	4,44,274	4,46,421	4,95,604	5,31,967	5,23,515	5,47,217
Fixed assets	11,021	10,674	12,234	12,140	12,348	12,369	15,624	15,625	15,611
Cash & bank balances	1,11,350	1,32,647	1,24,174	1,04,793	1,31,400	1,18,614	1,48,265	1,64,122	1,53,216

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY26
Cash from operations	19,932	22,592	-27,939	25,635
Cash from investing	-1,104	-732	-1,506	-609
Cash from financing	2,032	1,275	3,518	-11,664
Capex	536	552	1,144	1,625
Free cash flow	19,396	22,040	-29,083	24,011
Dividends paid	0	705	716	3,325

Where the assets sit

Sep '26 · ₹ crore

Advances

₹13,23,830 cr62%

Investments

₹5,47,217 cr26%

Fixed assets

₹15,611 cr1%

Cash & bank

₹1,53,216 cr7%

Other assets

₹88,977 cr4%

Peer comparison

largest in Financial Services · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
HDFC Bank Ltd.	12,15,371	788.25	15.2	2.01	13.3%
ICICI Bank Ltd.	11,28,090	1,571.20	19.1	2.75	14.4%
State Bank of India	9,40,157	1,018.50	10.4	1.36	13.1%
Bajaj Finance Ltd.	6,77,005	1,087.75	—	—	—
Kotak Mahindra Bank Ltd.	4,77,499	480.00	22.2	2.45	11.0%
Axis Bank Ltd.	4,11,911	1,322.90	13.8	1.79	13.0%
Shriram Finance Ltd.	2,26,163	961.15	—	—	—
BSE Ltd.	1,55,002	3,800.00	50.3	19.49	38.8%
Cholamandalam Investment and Finance Company Ltd.	1,53,126	1,785.00	—	—	—
Jio Financial Services Ltd.	1,52,665	231.20	—	—	—
Punjab National Bank	1,45,443	126.55	6.4	0.90	14.2%

StoxGud checklist: Bullish setup · 7/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+10.4%

6 months+16.0%

1 year+4.5%

3Y CAGR+19.1%

5Y CAGR+24.5%

10Y CAGR-5.0%

50-day avg₹117.53

200-day avg₹114.14

RSI (14)73

Compare Punjab National Bank with

BSE vs Punjab National Bank Cholamandalam Investment and Finance Company vs Punjab National Bank Jio Financial Services vs Punjab National Bank Tata Capital vs Punjab National Bank Punjab National Bank vs ICICI Prudential Asset Management Company Punjab National Bank vs Union Bank of India Punjab National Bank vs Billionbrains Garage Ventures

FAQs

What is the share price of Punjab National Bank?

Punjab National Bank (PNB) closed at ₹126.55 on NSE on 06 Nov 2026.

What is the market cap of Punjab National Bank?

₹1,45,443 crore at the latest close.

What is the P/E ratio of Punjab National Bank?

6.4, on trailing-twelve-month earnings from its filings.

How fast is Punjab National Bank growing?

Punjab National Bank: revenue has compounded at 19.2% a year over three years; net profit at 68.3% a year. Latest-quarter revenue is up 5.7% year on year, profit up 15.1%.

How profitable is Punjab National Bank?

On a trailing-twelve-month basis return on equity is 14.2%, operating margin 20.0%, net margin 15.1%.

How much debt does Punjab National Bank have?

Debt to equity isn't meaningful for Punjab National Bank (banks borrow as part of their business) or isn't filed yet.

Financials parsed from Punjab National Bank's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Mar '21. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.