Punjab National Bank share price
NSE: PNBBSE: 532461BanksLarge Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹123.90.
30 Oct: open ₹123.90, high ₹125.09, low ₹122.48
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,41,191 Cr78th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 6.18
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.88
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.44%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 15.1%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. For the whole group. Net interest margin in the glossary
- 2.40%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company.
- 2.55%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company.
- 0.25%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company. Common equity tier 1 ratio in the glossary
- 14.44%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. For the whole group. Return on assets in the glossary
- 0.95%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 2,22,42,23348.5% delivered
About Punjab National Bank
Punjab National Bank is a public sector bank based in New Delhi that takes deposits and lends money across India.12 Its customers include individuals, farmers, small businesses, start-ups, companies and government bodies, and its branches also sell insurance and mutual funds of partner companies.34 Abroad it has a Dubai branch, UK and Bhutan subsidiaries and a Nepal joint venture; a branch at GIFT City in Gujarat serves its international business.5
The bank names Lala Lajpat Rai as its founding father.6 It is a body corporate constituted under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, under which it was nationalised.7 Oriental Bank of Commerce and United Bank of India were amalgamated into it with effect from 1 Apr 2020.8
The Government of India, its promoter, held 70.08% of its shares at the end of September 2026.910 Its subsidiaries include PNB Gilts (74.07% held), PNB Cards and Services, PNB Investment Services, PNB International in London and Druk PNB Bank in Bhutan (51% held), and its associates include PNB Housing Finance (28.01%) and PNB MetLife India Insurance (30%).11 It sponsors 8 regional rural banks (government-backed banks that serve rural areas), which had 5150 branches in 8 states at the end of March 2026, and holds 35% of each.1213
Punjab National Bank key points
Results
- In the quarter to Sep 2026, standalone net profit was ₹5,532 crore, up 12.8% from a year earlier, and operating profit (income left after operating costs, before provisions and tax) was ₹7,532 crore, up 4.2%.14
- Net interest income (interest earned minus interest paid) was ₹11,601 crore in the quarter, up 10.8% from a year earlier, while other income fell 17.1% to ₹3,601 crore.15
- In the year to Mar 2026, consolidated revenue was ₹1,49,463.30 crore and consolidated net profit ₹18,392.69 crore.1617
- Standalone net profit for that year was ₹16,904 crore against ₹16,630 crore a year earlier, after an additional tax charge of ₹3,324.24 crore on moving to the new tax regime.18
Business segments
- Share of standalone turnover by business segment1920The bank also reports a treasury segment, which holds its investment portfolio and trades foreign exchange and derivative contracts.
Item year to Mar 2026 Corporate and wholesale banking (exposure of ₹7.50 crore and above) 38.20% Retail banking (exposure below ₹7.50 crore) 29.73% Other banking operations 2.67%
Asset quality and capital
- Gross non-performing assets (NPAs, loans whose borrowers have stopped paying) were ₹34,190 crore at the end of September 2026, 2.55% of advances, against ₹40,343 crore (3.45%) a year earlier.21
- The bank's net NPAs, after provisions, were 0.25%, and provision coverage ratio (the share of bad loans covered by money set aside, including written-off loans) was 97.32%.22
- In the quarter to Sep 2026, net additions to NPAs (net slippage) were ₹2,395 crore and net recoveries ₹2,805 crore.23
- The bank's capital adequacy ratio (capital as a share of risk-weighted assets) was 17.95% at the end of September 2026, and core equity (CET1) ratio 14.44%.24
Loan book and deposits
- At the end of September 2026, global advances were ₹13,41,194 crore, up 14.7% from a year earlier, and global deposits ₹17,77,240 crore, up 9.9%.25
- Domestic advances at the end of September 202626Retail, agriculture and MSME loans together were 57.4% of domestic advances.
Item Sep 2026 Corporate and others ₹5,35,088 crore Retail ₹2,96,925 crore Micro, small and medium enterprises (MSME) ₹2,14,619 crore Agriculture ₹2,10,451 crore - Current and savings account (CASA) deposits, which usually cost less than term deposits, were ₹6,25,945 crore at the end of September 2026, 36.6% of domestic deposits.27
- The bank's home loans were ₹1,41,836 crore, up 14.3% from a year earlier, and vehicle loans ₹38,234 crore, up 29.6%, both excluding participation certificates bought from other banks.28
Branches and reach
- At the end of September 2026 the bank had 10,481 domestic branches, 10,915 ATMs and 32,276 business correspondents (agents who offer basic banking on a bank's behalf), 53,672 in all.29
- Domestic branches by population group, end of September 202630
Item Sep 2026 Rural 3,979 (38.0%) Semi-urban 2,638 (25.2%) Urban 2,071 (19.7%) Metro 1,793 (17.1%) - Punjab National Bank served more than 18.53 crore customers at the end of March 2026.31
- In the quarter to Sep 2026, 95.7% of its transactions were digital, counting ATMs and other alternate delivery channels, and sanctioned ₹22,018 crore of loans through digital journeys across 5,88,720 accounts.3233
What the company expects
- In its presentation of 16 Oct 2026, the company said it expects loans to grow 12% to 13% and deposits 9% to 10% in the year to Mar 2027, with a net interest margin of 2.60% to 2.70%.34
- In its presentation of 16 Oct 2026, the company said it expects gross NPAs below 2.50%, net NPAs below 0.3%, return on assets above 1% and recoveries of more than ₹13,000 crore in that year.35
- On its earnings call of 18 Jul 2026, the company said it plans to open 250 new branches in the year to Mar 2027, focused on the southern and western regions.36
Recent events
- On 16 Sep 2026, the bank set up a $1.50 billion Euro Medium Term Note programme, a framework for issuing bonds overseas, which Moody's provisionally rated Baa3.3738
- On 25 Feb 2026, Fitch upgraded the bank's Viability Rating (its view of the bank's own strength without government support) to 'bb' from 'bb-' and affirmed its long-term rating at 'BBB-'.39
- On 17 Oct 2025, Canara HSBC Life Insurance ceased to be an associate of the bank after its stake fell from 23% to 13% through a sale of shares in the insurer's IPO.40
Litigation and regulatory matters
- In its exchange filing of 1 Oct 2026, the bank said SEBI had sent it a cautionary warning letter over insider trading breaches in its shares by designated persons and their relatives from 24 Jun 2024 to 6 Aug 2024 and later, with no penalty.41
- As of its annual report of 27 May 2026, the secretarial auditor noted board vacancies and non-compliance with SEBI's board composition rule; the board had 9 directors and 7 vacancies at the end of March 2026.4243
Last updated
All 43 sources, each with its page
- 1. Annual report, 27 May 2026, page 105
- 2. Annual report, 27 May 2026, page 3
- 3. Annual report, 27 May 2026, page 106
- 4. Annual report, 27 May 2026, page 43
- 5. Annual report, 27 May 2026, page 42
- 6. Annual report, 27 May 2026, page 2
- 7. Annual report, 27 May 2026, page 105
- 8. Exchange filing, 15 Dec 2025, page 3
- 9. Investor presentation, 16 Oct 2026, page 34
- 10. Exchange filing, 4 Apr 2026, page 1
- 11. Investor presentation, 16 Oct 2026, page 42
- 12. Annual report, 27 May 2026, page 48
- 13. Investor presentation, 16 Oct 2026, page 42
- 14. Investor presentation, 16 Oct 2026, page 5
- 15. Investor presentation, 16 Oct 2026, page 24
- 16. Annual report, 27 May 2026, page 230
- 17. Annual report, 27 May 2026, page 229
- 18. Annual report, 27 May 2026, page 8
- 19. Annual report, 27 May 2026, page 105
- 20. Annual report, 27 May 2026, page 105
- 21. Investor presentation, 16 Oct 2026, page 30
- 22. Investor presentation, 16 Oct 2026, page 5
- 23. Investor presentation, 16 Oct 2026, page 31
- 24. Investor presentation, 16 Oct 2026, page 7
- 25. Investor presentation, 16 Oct 2026, page 5
- 26. Investor presentation, 16 Oct 2026, page 12
- 27. Investor presentation, 16 Oct 2026, page 11
- 28. Investor presentation, 16 Oct 2026, page 13
- 29. Investor presentation, 16 Oct 2026, page 41
- 30. Investor presentation, 16 Oct 2026, page 41
- 31. Annual report, 27 May 2026, page 106
- 32. Investor presentation, 16 Oct 2026, page 36
- 33. Investor presentation, 16 Oct 2026, page 37
- 34. Investor presentation, 16 Oct 2026, page 48
- 35. Investor presentation, 16 Oct 2026, page 48
- 36. Earnings call, 18 Jul 2026, page 3
- 37. Exchange filing, 18 Sep 2026, page 1
- 38. Exchange filing, 18 Sep 2026, page 2
- 39. Exchange filing, 25 Feb 2026, page 2
- 40. Annual report, 27 May 2026, page 230
- 41. Exchange filing, 1 Oct 2026, page 1
- 42. Annual report, 27 May 2026, page 50
- 43. Annual report, 27 May 2026, page 93
Results
Consolidated; ₹ crore. Total income is interest earned plus other income, fees and treasury gains among it.Punjab National Bank quarterly results
- Total income growth, 12 monthsTotal income growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +2.9%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +34.2%
Quarter to Sep 2026, against the quarter before
- Total incomeTotal income. The pill is the change in total income against the quarter before: this period's figure divided by that one's, less one, in per cent. Total income in the glossary
- ₹38,791 Crup 2.21%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹5,918 Crup 1.43%
Total income by quarter
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Total income | 35,286 | 37,299 | 37,999 | 36,684 | 37,903 | 36,878 | 37,954 | 38,791 |
| Net profit | 4,811 | 5,011 | 2,167 | 5,121 | 5,577 | 5,602 | 5,835 | 5,918 |
Year to Mar 2026, against the year before
- Total incomeTotal income. The pill is the change in total income against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,49,463 Crup 6.41%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹18,467 Crdown 0.46%
Total income by year
Net profit by year, a loss in red
- Net profit
- Loss
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total income | 57,226 | 57,608 | 59,515 | 64,306 | 94,991 | 88,339 | 99,085 | 1,22,394 | 1,40,457 | 1,49,463 |
| Net profit | 1,187 | −12,130 | −9,550 | 485 | 2,695 | 3,908 | 3,359 | 9,157 | 18,553 | 18,467 |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Corporate / Wholesale BankingCorporate / Wholesale Banking, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹56,734 Crdown 3.18%38.0%
- Treasury OperationsTreasury Operations, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹44,781 Crup 11.21%30.0%
- Retail BankingRetail Banking, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹44,015 Crup 14.90%29.4%
- Other Banking OperationsOther Banking Operations, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,933 Crup 19.72%2.6%
Valuation
Today, against the company's own history.Punjab National Bank PE ratio and valuation
At or below today's level on 7% of 1,240 trading days over the last 5 years.
At or below today's level on 54% of 1,240 trading days over the last 5 years.
At or below today's level on 90% of 2,478 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +7.6% | −0.5% | +5.1% | 3.0% |
| 3 years | +31.6% | +73.9% | −25.7% | 2.4% |
| 5 years | +24.5% | +45.6% | −16.0% | 2.1% |
Mutual fund holdings
203 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 149 of the 156 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 203 funds holding Punjab National Bank
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 3
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 72
- CutCut. Funds that held fewer shares than at the end of the month before.
- 84
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 42
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 4
| Fund | |||
|---|---|---|---|
| 11,58,46,832 | 2.91% | ₹1,309.8 Cr | |
| 6,67,70,108 | 1.86% | ₹754.9 Cr | |
| 3,94,78,426 | 11.35% | ₹446.3 Cr | |
| 3,17,60,000 | 0.78% | ₹359.1 Cr | |
| 2,86,48,000 | 1.27% | ₹323.9 Cr | |
| 2,77,36,000 | 1.03% | ₹313.6 Cr | |
| 2,50,15,110 | 11.35% | ₹282.8 Cr | |
| 2,29,00,756 | 3.27% | ₹258.9 Cr | |
| 2,15,84,000 | 0.69% | ₹244.0 Cr | |
| 2,10,00,000 | 1.13% | ₹237.4 Cr |
Punjab National Bank competitors and peers
Public Sector Bank, 12 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Punjab National Bank in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 8,87,861 | 10.30 | 1.44 | +6.6% | +8.5% | 15.4% | 1.11% | 2.84% | 1.80% | |
| 1,41,985 | 6.45 | 0.98 | +0.3% | +19.0% | 16.3% | 1.25% | 2.67% | 2.69% | |
| 1,23,389 | – | 0.71 | +8.2% | – | – | 0.98% | 2.83% | 3.56% | |
| 1,16,580 | 8.82 | 1.34 | +12.4% | +17.2% | 16.1% | 1.25% | 3.07% | 2.11% | |
| 1,06,616 | 5.23 | 0.83 | −6.8% | +17.7% | 16.8% | 0.99% | 2.21% | 3.57% | |
| 62,578 | 7.82 | 1.68 | +16.6% | +31.5% | 23.3% | 1.76% | 3.83% | 2.70% | |
| 60,487 | 4.83 | 0.64 | +9.1% | +29.7% | 14.1% | 0.92% | 2.47% | 3.50% | |
| 55,343 | 8.31 | 1.37 | +14.2% | +51.3% | 17.9% | 1.25% | 3.17% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Punjab National Bank dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 12 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹3.00 |
| 20 Jun 2025 | Final | ₹2.90 |
| 21 Jun 2024 | Final | ₹1.50 |
| 23 Jun 2023 | Final | ₹0.65 |
| 22 Jun 2022 | Final | ₹0.64 |
| 22 Jun 2015 | Final | ₹3.30 |
Latest announcements
Routine notices left out.Punjab National Bank announcements
Oct 2026
29 Oct
28 Oct · Updates
17 Oct
16 Oct · Business
16 Oct · Results
14 Oct · Legal
Punjab National Bank share price by year
Each calendar year to 2025.Punjab National Bank share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 123.58 | +20.2% | 125.35 | 86.90 |
| 2024 | 102.78 | +7.3% | 141.05 | 94.40 |
| 2023 | 95.75 | +69.6% | 95.75 | 44.90 |
| 2022 | 56.45 | +51.3% | 59.90 | 28.45 |
| 2021 | 37.30 | +12.9% | 46.30 | 32.55 |
| 2020 | 33.05 | −48.6% | 66.70 | 26.60 |
| 2019 | 64.35 | −17.6% | 98.30 | 56.45 |
| 2018 | 78.10 | −54.4% | 194.65 | 59.70 |
| 2017 | 171.40 | +48.5% | 213.60 | 115.25 |
| 2016 | 115.45 | −0.2% | 159.30 | 71.00 |
Recent sessions
The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 29 Oct 2026 | 119.91 | 123.90 | 119.62 | 123.90 | 122.56 | 2,76,94,674 | 45.2% |
| 28 Oct 2026 | 120.10 | 121.50 | 119.42 | 120.31 | 120.53 | 83,82,686 | 47.2% |
| 27 Oct 2026 | 121.00 | 122.34 | 120.20 | 121.27 | 121.20 | 2,20,99,211 | 52.3% |
| 26 Oct 2026 | 119.35 | 120.89 | 118.20 | 120.89 | 119.59 | 1,35,98,906 | 33.2% |
| 23 Oct 2026 | 122.00 | 122.30 | 119.06 | 120.37 | 119.99 | 2,10,67,478 | 51.7% |
| 22 Oct 2026 | 122.50 | 122.50 | 120.55 | 122.50 | 121.83 | 2,97,16,337 | 59.0% |
| 21 Oct 2026 | 122.50 | 124.20 | 121.38 | 122.50 | 122.61 | 3,11,19,542 | 52.7% |
| 19 Oct 2026 | 120.87 | 125.22 | 120.00 | 121.90 | 123.01 | 7,81,15,490 | 28.1% |
| 16 Oct 2026 | 116.29 | 116.40 | 114.10 | 116.30 | 115.53 | 1,57,09,991 | 43.9% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 25 Oct 2017 | Price move | – | Between two trading sessions the price moved by a fifth or more. At least 3 other companies in the same industry moved as much the same way that session. Not adjusted for. |
| 18 Dec 2014 | Split | 0.2000 | Each share became 5. |
Company details
- NSE symbol
- PNB
- BSE code
- 532461
- ISIN
- INE160A01022
- Industry
- Banks
- Website
- www.pnbindia.in
- Registered office
- HO:7, Bhikaiji Cama Place, New Delhi 110607, Delhi
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments