Punjab National Bank

Punjab National Bank (PNB) is a large-cap Financial Services company valued at ₹1.33 lakh crore operating in Public Sector Bank on the NSE and BSE.

Recent price move

Punjab National Bank last traded at ₹116.3, modestly up 1.09% on the day.

Recent developments

On 2026-10-17, PNB's MD&CEO Ashok Chandra said festive demand is driving retail loan growth to 17-18% and MSME credit to grow 21%, with agriculture lending expected to sustain 18% growth. The same day, PNB and SBI revised home loan rates due to regulatory changes. On 2026-10-16, PNB reported lower provisions boosted profitability, but slippages rose sequentially to ₹2,395 crore. On 2026-10-15, PNB plans to issue a $500 million dollar bond for fundraising.

Financial performance

PNB's annual revenue rose 5.5% to ₹130,772 crore, while annual net profit fell 0.5% to ₹18,467 crore. The latest quarter saw revenue up 8.5% and net profit up 15.6% compared to the same quarter a year earlier, though the net profit margin narrowed 0.8 percentage points to 14.1%.

Valuation multiples

The stock trades at 7.3 times earnings, a discount to the Financial Services median of 19.3, 0.92 times book value. It yields 2.6%.

Things to watch

PNB's net profit margin fell 0.8 percentage points to 14.1%, and slippages rose sequentially to ₹2,395 crore. The stock is 13.9% below its 52-week high, and the return on capital employed is low at 5.2%.

Where it stands

PNB's revenue growth has slowed in the latest quarter, but net profit rose 15.6% compared to the same quarter a year earlier. The company's return on capital employed remains low at 5.2%, and the stock is 13.9% below its 52-week high. The most significant movement is the 15.6% rise in net profit for the latest quarter.

Summarised by DocStoX's model on 2026-10-17 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.