Punjab National Bank

Punjab National Bank announced that consequent upon decrease in Repo rate by RBI on 06 June 2025 Bank has revised Repo Linked Lending Rate (RLLR) from 8.85% (including BSP of 20bps) to 8.35% (including BSP of 20bps) with effect from 09 June 2025. Marginal Cost of Lending Rate (MCLR) and Base Rate remain unchangedPowered by Capital Market - Live

Punjab National Bank is up for a third straight session in a row. The stock is quoting at Rs 102.18, up 1.21% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.61% on the day, quoting at 24848.85. The Sensex is at 81538.17, down 0.78%. Punjab National Bank has added around 0.01% in last one month. Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has added around 0.03% in last one month and is currently quoting at 55572, down 0.22% on the day. The volume in the stock stood at 114.7 lakh shares today, compared to the daily average of 274.93 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 102.78, up 1.62% on the day. Punjab National Bank is down 20.3% in last one year as compared to a 8.57% gain in NIFTY and a 12.83% gain in the Nifty Bank index.The PE of the stock is 6.98 based on TTM earnings ending March 25.Powered by Capital Market - Live

Net profit of Punjab National Bank rose 49.28% to Rs 4989.29 crore in the quarter ended March 2025 as against Rs 3342.20 crore during the previous quarter ended March 2024. Total Operating Income rose 13.39% to Rs 32523.09 crore in the quarter ended March 2025 as against Rs 28682.32 crore during the previous quarter ended March 2024. For the full year,net profit rose 102.92% to Rs 18480.29 crore in the year ended March 2025 as against Rs 9107.20 crore during the previous year ended March 2024. Total Operating Income rose 13.70% to Rs 124009.85 crore in the year ended March 2025 as against Rs 109064.58 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Total Operating Income32523.0928682.32 13 124009.85109064.58 14 OPM %71.8965.73 -72.8262.84 - PBDT6517.794939.87 32 26052.5413331.71 95 PBT6517.794939.87 32 26052.5413331.71 95 NP4989.293342.20 49 18480.299107.20 103 Powered by Capital Market - Live

Profit before tax (PBT) jumped 32.9% year on year to Rs 6,415.98 crore in Q4 FY25. For Q4 FY25, net interest income (NII) was at Rs 10,757 crore, up 3.8% YoY while global net interest margin (NIM) reduced to 2.81% as on 31 March 2025 as compared to 3.10% as of 31 March 2024. On asset quality front, the bank's gross non-performing assets (GNPA) stood at 44,081.60 crore as on 31 March 2025 as against Rs 56,343.05 crore as on 31 March 2024. Gross NPA declined to 3.95% as of 31 March 2024 as against 5.73% as on 31 March 2024. Net NPA reduced to 0.40% as on 31 March 2024 as compared to 0.73% as on 31 March 2024. Provision coverage ratio improved to 90.27% as on March 2025 as against 87.93% as on March 2024. CRAR stood at 17.01% as on March 2025 against 15.97% as on March 2024. Tier-I Capital was at 14.05% (CET-1 remained at 12.33% as on March'25 against 11.04% as on March'24 and AT-1 remained at 1.72% as on March'25 against 2.13% as on March'24) and Tier-II at 2.96% as on March'25. Domestic advances grew by 13.1% YoY to Rs 9,42,391 crore as on 31 March 2025 as against Rs 10,66,048 crore as on 31 March 2024. Domestic deposits stood at Rs 13,33,365 crore as on 31 March 2025, up by 13.3% YoY. As on 31 March 2025, CASA deposits rose 3.8% YoY to Rs 5,73,543 crore while CASA share declined to 37.95% as on 31 March 2025 as compared to 41.44% as on 31 March 2024. Meanwhile the company's board recommended a final dividend of Rs 2.90 per equity share of face value of Rs 2 each for FY25, subject to approval of the shareholders at the ensuing annual general meeting (AGM) Further, the company's board approved to raise capital for an amount up to Rs 8,000 crore through issuance of Basel Ill compliant Bonds (Additional Tier-I Bonds up to Rs. 4000 crore and Tier- II Bonds up to Rs. 4000 crore), to be raised in one or more tranches during FY 2025-26. Punjab National Bank is engaged in treasury operations, corporate/wholesale banking, retail banking, digital banking, others. As on 31 March 2025, the bank has 10,189 domestic branches and 2 international branches. Out of total no. of branches, the bank has 63.4% branches in rural & semi-urban areas. The scrip shed 0.32% to end at Rs 94.25 on the BSE.Powered by Capital Market - Live

Punjab National Bank announced that the 24th Annual General Meeting(AGM) of the bank will be held on 27 June 2025.Powered by Capital Market - Live

Punjab National Bank announced that the Board of Directors of the Company at its meeting held on 07 May 2025, has recommended a Final Dividend of Rs.2.90 per share (i.e.145%), subject to the approval of the shareholders.Powered by Capital Market - Live

Punjab National Bank is down for a fifth straight session today. The stock is quoting at Rs 94.29, down 0.19% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 24365.2. The Sensex is at 80553.04, down 0.11%.Punjab National Bank has lost around 2.7% in last one month.Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has increased around 7.45% in last one month and is currently quoting at 54271.4, up 0.01% on the day. The volume in the stock stood at 337.26 lakh shares today, compared to the daily average of 233.32 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 94.67, down 0.02% on the day. Punjab National Bank tumbled 24.45% in last one year as compared to a 9.25% rally in NIFTY and a 13.02% spurt in the Nifty Bank index.The PE of the stock is 7.21 based on TTM earnings ending December 24.Powered by Capital Market - Live

Punjab National Bank will hold a meeting of the Board of Directors of the Company on 7 May 2025.Powered by Capital Market - Live

On quarter on quarter (QoQ) basis, the domestic deposits rose 2.4% as on 31st March 2025 from Rs 14,74,760 crore as of 31st December 2024. The bank's domestic advances stood at Rs 10,66,818 crore as on 31st March 2025, up 13.2% YoY and up 0.6% QoQ. The banks' global advances increased 13.6% to Rs 11,17,407 crore as of 31st March 2025 as against Rs 9,83,325 crore as of 31st March 2024 and up 0.6% from Rs 11,10,292 crore as of 31st December 2024. As on 31st March 2025, the bank's global deposits was Rs 15,65,744 crore (up 14.3% YoY and up 2.4% QoQ). The bank's global business stood at Rs 26,83,151 crore as of 31 March 2025, recording a growth of 14% YoY and 1.6% QoQ. Global credit-deposit ratio declined to 71.37% as on 31st March 2025 as against 71.79% recorded as on 31st March 2024. Punjab National Bank is engaged in treasury operations, corporate/wholesale banking, retail banking, digital banking, and others. As of 31st December 2024, the Government of India held a 70.08% stake in the bank. The public lender's standalone net profit surged 102.82% to Rs 4,508.21 crore in Q3 FY25 as against Rs 2,222.81 crore reported in Q3 FY24. Total income grew by 15.99% year on year (YoY) to Rs 34,751.70 crore in the quarter ended 31 December 2024. The counter shed 0.27% to Rs 97.08 on the BSE.Powered by Capital Market - Live

Fitch Ratings has affirmed Punjab National Bank's (PNB) Long-Term Issuer Default Rating (IDR) at 'BBB-'. The Outlook is Stable. Fitch has also upgraded the bank's Viability Rating (VR) to 'bb-' from 'b+', and affirmed the Government Support Rating (GSR) of 'bbb-'. Powered by Capital Market - Live