1. India Stocks

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    Financial Services

  3. •

    Banks - Regional
Punjab National Bank

Punjab National Bank

PNB.NS
Punjab National BankIN flagNational Stock Exchange of India
100.95
INR
-2.84
- -
1.16TMarket Cap
Punjab National Bank
PNB.NS
(National Stock Exchange of India)

Recent

price

100.95

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
98.53
104.07
114.41
116.09
130.01
118.21
119.31
108.58
72
50.6
44.92
37.59
42.77
50.19
53.09
- -
54.19
Revenue per Share
29.02
29.54
29.12
20.32
18.78
-19.32
5.78
-54.63
-29.68
0.8
2.64
3.53
3.04
8.27
16.42
- -
14.6
Basic EPS, GAAP
41
-2.41
-7.35
92.58
23.57
71.02
104.43
-10.8
-105.37
-24.05
0.47
17.81
20.02
-26.44
18.19
- -
- -
Free Cash Flow per Basic Share
2.81
4.79
5.11
8.36
0.23
4.22
0.36
0.03
0.02
0.05
- -
- -
0.64
0.65
1.47
- -
- -
Dividend per Share
4.71
4.6
5.27
5.68
6.56
7.06
7.4
3.86
-23.47
-12.86
3.95
4.33
4.98
5.61
7.1
- -
2.02
Book Value per Share
145.04
173.35
204.36
215.93
234.73
222.21
214.88
188.2
143.3
117.38
95.5
89.3
93.67
100.57
118.51
- -
121.9
Tangible Book Value per Share
1,577
1,701
1,701
1,780
1,810
1,909
2,053
2,217
3,224
5,461
9,706
10,947
11,011
11,011
11,257
- -
11,386
Basic Weighted Avg Shares
155,342
177,060
194,662
206,606
235,383
225,705
244,979
240,752
232,117
276,351
435,998
411,535
470,921
552,605
597,606
626,200
616,999
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
4,730
5,581
3,562
3,873
4,046
4,338
4,889
5,810
5,840
6,144
9,822
8,962
9,049
9,056
9,575
12,812
- -
Depreciation Expense
45,747
50,255
49,542
36,171
33,996
-36,898
11,872
-121,134
-95,701
4,384
25,620
38,607
33,484
91,072
184,803
183,927
166,243
Net Income, GAAP
32.54
30.63
27.4
28.87
- -
- -
- -
- -
- -
56.07
37.69
19.03
34.79
35.33
31.71
35.1
42.97
Effective Tax Rate (%)
29.45
28.38
25.45
17.51
14.44
-16.35
4.85
-50.31
-41.23
1.59
5.88
9.38
7.11
16.48
30.92
29.37
26.94
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
251,285
318,878
404,220
437,538
579,338
639,177
429,360
469,504
423,677
419,697
522,981
593,717
701,486
725,856
719,991
862,682
934,718
LT Debt
229,160
295,353
348,353
385,163
425,884
425,329
441,959
418,258
463,721
642,371
930,211
980,554
1,033,399
1,109,475
1,337,664
1,506,618
1,387,909
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
864.75
658.64
590
379.51
309.41
-291.1
82.82
-1,020.3
- -
- -
- -
90.05
65.51
156.27
260.88
215.36
738.73
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11,493
11,493
11,493
Market Capitalization
1,149,055
1,082,311
1,258,124

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1,389,977
1,507,596
1,407,397
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.41%
10.27%
12.63%
Free Cash Flow
493.59%
766.92%
17.28%
Net Income, GAAP
-58.19%
62.37%
-0.47%
Sales/Revenue/Turnover
11.91%
7.82%
4.78%
Total Cash Common Dividend
- -
- -
101.31%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
129,687
130,372
130,834
161,712
552,605
2025
142,236
153,211
145,488
156,595
597,606
2026
161,705
157,382
146,592
- -
626,200

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.22
1.81
2.21
- -
8.27
2025
3.61
4.27
4.18
4.34
16.42
2026
1.84
4.83
4.83
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.65
2025
- -
- -
- -
- -
1.47
2026
- -
- -
- -
- -
- -
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Business
Punjab National Bank engages primarily in commercial banking and financial services, operating as one of India’s largest public sector banks. Its core products and services encompass retail banking including savings and current deposit accounts; various loan offerings such as home loans, personal loans, vehicle loans, and loan against property; corporate banking services including term loans, working capital finance, bill discounting, and syndication loans; international banking services comprising foreign exchange, trade finance, and remittances; and investment services including mutual funds and insurance through joint ventures. The bank also offers a range of digital and electronic banking products such as internet banking, mobile banking, Unified Payments Interface (UPI) services, prepaid cards, and electronic fund transfer systems. Additionally, Punjab National Bank provides specialized products targeting non-resident Indians (NRIs), exporters, and importers, alongside wealth management and government scheme-related financial products. Founded in 1895 and headquartered in New Delhi, India, Punjab National Bank operates extensively across India with a substantial presence through a vast network of branches and ATMs, as well as digital platforms. It serves diverse customer segments ranging from individual consumers and small businesses to large corporates. The bank is recognized for strategic alliances and expansions, including partnerships for renewable energy financing and initiatives to promote digital payments and financial inclusion. In 2024 and 2025, PNB strengthened its capital base, improved asset quality, and expanded its digital service offerings significantly. Notable recent developments include a partnership with the Indian Renewable Energy Development Agency to co-finance green energy projects, advancement in digital banking initiatives such as the PNB ONE platform for virtual credit cards and prequalified credit card issuance, and a robust financial performance with a 14% year-on-year net profit increase in the second quarter of fiscal 2026. The bank also continues to enhance its international operations and cross-border remittances, expanding linkages such as the UPI-PayNow international payments interface. It maintains a strong focus on retail and corporate segment credit growth, supported by a diverse product portfolio with a drive towards sustainable and technology-enabled banking solutions. Punjab National Bank remains a government-owned entity and continues to evolve through acquisitions and partnerships, including its historical acquisition of Oriental Bank of Commerce and joint ventures in insurance and asset management. The bank’s operational strategy emphasizes digital transformation, customer convenience, and sustainable finance aligned with evolving regulatory standards and market demands. Its latest initiatives display its commitment to becoming a more technology-driven and customer-centric bank, reinforcing its role as a pivotal institution in India’s banking sector.