🔔 Earnings Growth Alert
PNB reported 145% YoY earnings growth in Q2FY25, with net NPL ratio at 0.46%, lowest in a decade. Sharekhan maintains Buy with target of Rs 125.
Punjab National Bank Analyst Rating
based on 15 analysts
46.67%
Buy
26.67%
Hold
26.67%
Sell
Based on 15 analysts offering long term price targets for Punjab National Bank. An average target of ₹112.87
Source: S&P Global Market Intelligence
Punjab National Bank Share analysis
Punjab National Bank price forecast by 15 analysts
Upside of11.91%
High
₹140
Target
₹112.87
Low
₹80
Punjab National Bank target price ₹112.87, a slight upside of 11.91% compared to current price of ₹96.83. According to 15 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Punjab National Bank revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
Punjab National Bank EPS growth forecast
EPS estimate Q1, FY2026:69.41%
Forecast
Actual
Source: S&P Global Market Intelligence
Punjab National Bank Performance
Day's Low
Day's High
₹94.81₹100.3152 Week's Low
52 Week's High
₹75.6₹142.9
| Returns % | |
| 1 Month Return | -1.4 % |
| 3 Month Return | -13.36 % |
| 1 Year Return | + 29.22 % |
| Market Stats | |
| Previous Close | ₹100.86 |
| Open | ₹96.94 |
| Volume | 2.55Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,15,917.83Cr |
Punjab National Bank Key Statistics
| P/E Ratio | 7.68 |
| PEG Ratio | 0.99 |
| Market Cap | ₹1,15,917.83 Cr |
| P/B Ratio | 1.39 |
| EPS | 8.32 |
| Dividend Yield | 1.21 |
| Sector | Banks |
| ROE | 8.7 |
Punjab National Bank Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹1,15,917.83 Cr | 11.89% | NA | ₹9,107 Cr | ₹1,23,222 Cr | |
| BUY | ₹88,720.04 Cr | 24.09% | NA | ₹15,278 Cr | ₹1,39,164 Cr | |
| HOLD | ₹47,607.25 Cr | 8.59% | NA | ₹6,564 Cr | ₹67,488 Cr | |
| BUY | ₹88,565.09 Cr | 20.32% | NA | ₹13,797 Cr | ₹1,18,188 Cr | |
| BUY | ₹70,452.95 Cr | 66.71% | NA | ₹8,419 Cr | ₹64,231 Cr |
About Punjab National Bank
PNB operates mainly in India but also has a presence in other countries, such as the UK, Hong Kong, Dubai, and Kazakhstan, catering to a global clientele. The bank does not have specific sub-brands but operates various divisions focusing on different aspects of banking services. A notable fact about PNB is its extensive network of branches across India, making it one of the largest banks in terms of branch coverage. Another significant fact is PNB's role in merging with Oriental Bank of Commerce and United Bank of India in 2020, making it the second-largest public sector bank in India by assets and network.
The bank's merger with Oriental Bank of Commerce and United Bank of India was a significant move in the Indian banking sector, aimed at consolidating and strengthening the public banking space, enhancing its operational efficiency, and expanding its customer base.
Share Price: ₹96.83 per share as on 21 Nov, 2024 02:27 PM
Market Capitalisation: ₹1,15,917.83Cr as of today
Revenue: ₹35,111.47Cr as on September 2024 (Q3 24)
Net Profit: ₹4,714.14Cr as on September 2024 (Q3 24)
Listing date: 24 Apr, 2002
Chairperson Name: K G Ananthakrishnan
| Organisation | Punjab National Bank |
| Headquarters | |
| Industry | Banks |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
10:11 AM
-Geojit upgrades PNB to BUY with a target price of Rs. 111, citing strong earnings growth and reduced provisions.
10:48 AM
-Sharekhan maintains BUY rating on PNB with a revised target of Rs. 125, highlighting strong bad loan recoveries.
11:28 AM
-PNB's share price drops 4.23%, resulting in a market cap loss of Rs 4,895 crore.
Today's Timeline - Invalid Date
01:45 PM
-Public sector banks, including PNB, see share price declines due to sell-off linked to Adani Group exposure.
01:49 PM
-PNB's NNPA ratio improves to 0.46% in Q2FY25, reflecting better asset quality.
Key events for Punjab National Bank
Punjab National Bank Faces Market Volatility Amid Positive Earnings - 21 Nov, 2024
Punjab National Bank's stock experiences volatility with a significant price drop, despite positive earnings growth and improved asset quality. Analysts maintain bullish ratings with target prices of Rs. 111 and Rs. 125, citing strong recoveries in bad loans.
Punjab National Bank Shares Surge, Market Cap Rises - 19 Nov, 2024
Punjab National Bank's shares rose by 2.43% to Rs 102.97, leading to a market cap increase of Rs 2,813 crore, reflecting optimism about its financial stability.
PNB Stock Rises Amid Insolvency Challenges - 18 Nov, 2024
Punjab National Bank's stock rose 2.36% to Rs 101.83, increasing market capitalization by Rs 2,748 crore. Despite facing insolvency challenges, PNB shows progress in recovering non-performing assets.
Punjab National Bank Plans Corporate Expansion - 16 Nov, 2024
Punjab National Bank aims to expand its corporate book size by the end of the financial year, with several solar projects and infrastructure loans in the pipeline, according to MD and CEO Atul Kumar Goel.
Punjab National Bank Reports Strong Growth in FY25 - 13 Nov, 2024
Punjab National Bank, along with 11 other public sector banks, reported an 11% YoY growth in aggregate business for April-September FY25. Credit and deposits grew by 12.9% and 9.5%, respectively, while net profit surged by 25.6%. NPA ratios improved, indicating a positive trend in financial health.
Punjab National Bank Reports Strong H1 FY25 Performance - 12 Nov, 2024
Punjab National Bank, part of the public sector banks, showed robust performance in H1 FY25 with an 11% increase in business and a 26% rise in net profit. The bank's gross and net NPA improved, reflecting a positive trend in financial health.
Punjab National Bank Shows Signs of Reversal - 11 Nov, 2024
After a period of selling pressure, Punjab National Bank is showing early signs of a potential pullback from a support zone. Indicators suggest a possible reversal, with expectations for the stock to move towards 124 in the coming weeks.
PNB Ordered to Compensate Customer for Fraud - 09 Nov, 2024
The State Consumer Commission ordered Punjab National Bank to pay Rs 99,000 in damages to a customer due to ATM cash withdrawal fraud. PNB's claims of customer negligence were dismissed, as investigations revealed card cloning was the cause. The bank failed to act promptly on the reported fraud, leading to the compensation order.
Supreme Court to Rule on Jet Airways Resolution - 07 Nov, 2024
The Supreme Court is set to deliver a verdict on the State Bank of India and other creditors' challenge against the NCLAT's approval of Jet Airways' resolution plan, which has raised concerns among creditors including Punjab National Bank.
Punjab National Bank Reports Strong Q2 Earnings and Leadership Change - 29 Oct, 2024
Punjab National Bank reported a remarkable 145% increase in Q2 net profit, reaching ₹4,303 crore. The bank's asset quality improved significantly, and brokerages raised stock targets. Leadership transition is underway as Atul Kumar Goel prepares to retire, with Ashok Chandra recommended as the new MD and CEO.
PNB Reports Strong Q2 Earnings and Profit Surge - 28 Oct, 2024
Punjab National Bank reported a net profit of ₹4,303 crore for Q2 FY25, marking a 145% increase YoY. The bank's asset quality improved, with gross NPAs at 4.48%. The stock reacted positively, crossing the ₹100 mark.
Punjab National Bank Market Cap Rises by ₹3,683 Crore - 24 Oct, 2024
Punjab National Bank's shares surged by 3.32%, adding ₹3,683 crore to its market capitalization, which now stands at ₹1,14,975.40 crore. Increased investor interest and optimism in the banking sector contributed to this rise.
PNB Shares Show Marginal Gains Amid Volatility - 23 Oct, 2024
Punjab National Bank shares were trading positively at Rs 95.06 after a previous drop, reflecting a 26% decline over six months but a 35% gain over the past year.
Insights on Punjab National Bank
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, PNB has outperformed top 5 stocks with highest market-cap in Banks
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 32.75K Cr → 35.11K Cr (in ₹), with an average increase of 6.7% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 6 quarters, 1.34K Cr → 4.71K Cr (in ₹), with an average increase of 21.9% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 1.91% to 2.87% in Sep 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 5.51% to 8.41% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, State Bank of India has given 43.0% return, outperforming this stock by 13.8%
NEGATIVE IMPACTPrice Dip
In the last 6 months, PNB stock has moved down by -20.2%
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 73.15% to 70.08% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 10.57% to 9.84% in Sep 2024 quarter
Punjab National Bank Financials
Index Inclusions
Punjab National Bank Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 70.08% | ||
| Foreign Institutions | 8.41% | 52.67 | |
| Mutual Funds | 2.87% | 50.53 | |
| Retail Investors | 9.84% | ||
| Others | 8.79% |
Punjab National Bank Key Indicators
Punjab National Bank Valuation
Punjab National Bank in the last 5 years
Lowest (-620.83x)
July 8, 2020
Today (7.68x)
November 19, 2024
Industry (15.21x)
November 19, 2024
Highest (59.19x)
February 18, 2021
Punjab National Bank Earnings and Dividends
Punjab National Bank Earnings Results
Punjab National Bank’s net profit jumped 136.87% since last year same period to ₹4,714.14Cr in the Q2 2024-2025. On a quarterly growth basis, Punjab National Bank has generated 18.57% jump in its net profits since last 3-months.
Read More about Earnings ResultsPunjab National Bank Dividends May,2024
In the quarter ending March 2024, Punjab National Bank has declared dividend of ₹1.50 - translating a dividend yield of 2.13%.
Read More about Dividends
Punjab National Bank Technicals Summary
Bearish
Neutral
Bullish
Punjab National Bank is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Punjab National Bank
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Punjab National Bank (PNB) share price today is ₹96.83
Punjab National Bank is listed on NSE
Punjab National Bank is listed on BSE
- Today’s highest price of Punjab National Bank is ₹100.31.
- Today’s lowest price of Punjab National Bank is ₹94.81.
PE Ratio of Punjab National Bank is 7.68
PE ratio = Punjab National Bank Market price per share / Punjab National Bank Earnings per share
Today’s traded volume of Punjab National Bank(PNB) is 2.55Cr.
Today’s market capitalisation of Punjab National Bank(PNB) is ₹115917.83Cr.
| Punjab National Bank(PNB | Price |
|---|---|
52 Week High | ₹142.9 |
52 Week Low | ₹75.6 |
Punjab National Bank(PNB) share price is ₹96.83. It is down -32.24% from its 52 Week High price of ₹142.9
Punjab National Bank(PNB) share price is ₹96.83. It is up 28.08% from its 52 Week Low price of ₹75.6
| Punjab National Bank(PNB | Returns |
|---|---|
1 Day Returns | -4.03% |
1 Month Returns | -1.4% |
3 Month Returns | -13.36% |
1 Year Returns | 29.22% |