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Punjab National Bank

(PNB)

₹109.080.85%

as on 04:01PM, 05 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Punjab National Bank Analyst Rating

based on 16 analysts

HOLD

50.00%

Buy

25.00%

Hold

25.00%

Sell

Based on 16 analysts offering long term price targets for Punjab National Bank. An average target of ₹111.81

Source: S&P Global Market Intelligence

Punjab National Bank Share analysis

Punjab National Bank price forecast by 16 analysts

Upside of1.64%

High

₹135

Target

₹111.81

Low

₹80

Punjab National Bank target price ₹111.81, a slight upside of 1.64% compared to current price of ₹109.08. According to 16 analysts rating.

Source: S&P Global Market Intelligence

Punjab National Bank Performance

  • Day's Low

    Day's High

    ₹108.3
    ₹110.6
  • 52 Week's Low

    52 Week's High

    ₹82.3
    ₹142.9
1 Month Return+ 5.06 %
3 Month Return-2.99 %
1 Year Return+ 29.42 %
Previous Close₹110.01
Open₹110.57
Volume2.06Cr
Upper Circuit-
Lower Circuit-
Market Cap₹1,26,433.87Cr

Punjab National Bank Key Statistics

P/E Ratio8.38
PEG Ratio1.08
Market Cap₹1,26,433.87 Cr
P/B Ratio1.39
EPS8.32
Dividend Yield1.21
SectorBanks
ROE8.7

Punjab National Bank Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹1,26,433.87 Cr15.32%NA₹9,107 Cr₹1,23,222 Cr
BUY₹98,534.48 Cr29.92%NA₹15,278 Cr₹1,39,164 Cr
HOLD₹53,666.85 Cr13.23%NA₹6,564 Cr₹67,488 Cr
BUY₹97,962.06 Cr24.14%NA₹13,797 Cr₹1,18,188 Cr
BUY₹81,370.09 Cr78.07%NA₹8,419 Cr₹64,231 Cr

About Punjab National Bank

Punjab National Bank (PNB) is one of India's oldest and largest public sector banks, operating primarily in the banking and financial services sector. Founded in 1894 by Lala Lajpat Rai, PNB has its headquarters in New Delhi and is registered under the Company Identification Number (CIN) L74899DL2000GOI108984. The bank offers a comprehensive range of financial products and services, including retail banking, corporate banking, international banking, and treasury operations.

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: ₹109.08 per share as on 05 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,26,433.87Cr 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
OrganisationPunjab National Bank
Headquarters
IndustryBanks
E-voting on sharesClick here to vote

Key events for Punjab National Bank

  • PNB Stock Shows Positive Reversal and Growth - 05 Dec, 2024

    Punjab National Bank's stock has demonstrated a strong reversal after a lengthy correction, regaining critical moving averages and indicating a positive trend. The stock rose 0.68% during trading, supported by significant volume and favorable technical indicators.
  • PNB Shares Rise Amid Analyst Buy Recommendation - 04 Dec, 2024

    Punjab National Bank shares increased by 0.74% to Rs 108.75. Analyst Nooresh Merani recommends buying with a target of Rs 120. The bank's merger history aims for larger state-owned banks.
  • Punjab National Bank Shows Strong Post-Merger Improvement - 03 Dec, 2024

    Punjab National Bank reported significant improvements in key financial metrics post-merger, including higher capital ratios and a notable decrease in gross non-performing assets.
  • Punjab National Bank Offers Competitive FD Rates - 28 Nov, 2024

    Punjab National Bank is offering fixed deposit interest rates of up to 7.25% per annum, following HDFC's leading rate of 7.40%. This competitive offering positions PNB favorably in the market.
  • Punjab National Bank Stock Sees Significant Gains - 25 Nov, 2024

    Punjab National Bank's stock experienced a notable rally, with a nearly 5% surge, boosted by strong investor interest and the introduction of digital life certificates for pensioners. The bank's gross NPA stands at Rs 56,343 crore, while shares gained nearly 6% intraday amid positive market sentiment.
  • PNB Advances Climate Commitment and Pension Services - 24 Nov, 2024

    Punjab National Bank has become a PCAF signatory, reinforcing its climate responsibility. Additionally, it has processed over 2.15 lakh digital life certificates, improving pension verification for senior citizens.
  • PNB Shares Surge Amid Positive Outlook and Ratings - 22 Nov, 2024

    Punjab National Bank's shares increased by 2.85%, boosting market cap by ₹3,143 crore. Sharekhan Research reiterated a BUY rating with a revised target of ₹125, citing strong asset quality and profitability improvements.
  • Punjab National Bank Faces Market Decline Amid Sell-Off - 21 Nov, 2024

    Punjab National Bank's shares dropped significantly due to market conditions and Adani Group's issues, resulting in a market cap loss. Analysts maintain a positive outlook with revised target prices.
  • 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.

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.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 32.75K Cr → 35.11K Cr (in ₹), with an average increase of 6.7% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 6 quarters, 1.34K Cr → 4.71K Cr (in ₹), with an average increase of 21.9% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, PNB has outperformed top 5 stocks with highest market-cap in Banks

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 1.91% to 2.87% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 5.51% to 8.41% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 41.3% return, outperforming this stock by 11.9%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, PNB stock has moved down by -9.7%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 10.57% to 9.84% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 73.15% to 70.08% in Sep 2024 quarter

Punjab National Bank Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹29,857.05Cr (-)₹30,527.38Cr (↑2.25%)₹32,976.47Cr (↑8.02%)₹32,759.89Cr (↓0.66%)₹35,111.47Cr (↑7.18%)
Net Income₹1,990.18Cr (-)₹2,432.77Cr (↑22.24%)₹3,342.20Cr (↑37.38%)₹3,975.86Cr (↑18.96%)₹4,714.14Cr (↑18.57%)
Net Profit Margin6.67% (-)7.97% (↑19.49%)10.14% (↑27.23%)12.14% (↑19.72%)13.43% (↑10.63%)
Value in ₹ crore
Details2021202220232024
Total Assets₹12,61,767.99Cr (-)₹13,15,741.89Cr (↑4.28%)₹14,63,080.62Cr (↑11.20%)₹15,63,223.02Cr (↑6.84%)
Total Liabilities₹12,61,767.99Cr (-)₹13,15,741.89Cr (↑4.28%)₹14,63,080.62Cr (↑11.20%)₹15,63,223.02Cr (↑6.84%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹12,612.60Cr (-)₹30,902.95Cr (↓345.02%)₹20,463.62Cr (↓33.78%)₹21,779.97Cr (↑6.43%)-₹27,894.60Cr (↓228.07%)

Index Inclusions

S&P BSE Enhanced Value

₹947.72

0.2 (1.89%)

S&P BSE PSU

₹20,359.78

0.28 (56.08%)

BSE 100

₹26,178.66

0.86 (223.84%)

S&P BSE Largecap

₹9,618.83

0.84 (80.41%)

S&P BSE 250 LargeMidCap

₹10,817.39

0.72 (77.65%)

S&P BSE SEN. N50

₹85,121.07

0.57 (478.59%)

S&P BSE 100 LargeCap TMC

₹9,238.66

0.84 (76.57%)

Nifty100 Eq Weig

₹32,765.10

0.55 (180.1%)

Nifty Next 50

₹72,487.05

0.34 (242.2%)

S&P BSE Fin. Ser

₹11,930.46

0.52 (61.59%)

Nifty 500

₹23,277.95

0.77 (178.45%)

BSE 200

₹11,398.02

0.76 (85.94%)

BANK NIFTY

₹53,603.55

0.63 (336.65%)

NIFTY 100

₹25,657.85

0.9 (229.45%)

Nifty 200

₹13,983.40

0.85 (117.2%)

Nifty LargeMidcap 250

₹16,244.75

0.66 (106.95%)

Nifty PSU Bank

₹7,125.55

-0.12 (-8.8%)

BSE 500

₹36,619.24

0.68 (248.55%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Punjab National Bank Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
70.08%
-4.19
Foreign Institutions
8.41%
52.67
Mutual Funds
2.87%
50.53
Retail Investors
9.84%
-6.92
Others
8.79%
-0.78

Punjab National Bank Key Indicators

Details20202021202220232024
Earning Per Share (₹)0.542.573.553.058.32
Details20202021202220232024
Return On Equity %0.622.674.022.798.7
Details20202021202220232024
Return On Assets %0.050.20.290.230.58
Details20202021202220232024
Book Value Per Share (₹)87.7481.4482.2285.7692.71

Punjab National Bank Valuation

Punjab National Bank in the last 5 years

  • Overview

  • Trends

Lowest (-620.83x)

July 8, 2020

Today (8.38x)

December 4, 2024

Industry (16.06x)

December 4, 2024

Highest (59.19x)

February 18, 2021

LowHigh

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 Results
  • Punjab 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 1.95%.

    Read More about Dividends

Punjab National Bank Technicals Summary

Bearish

Neutral

Bullish

Bullish

Punjab National Bank is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Punjab National Bank

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Punjab National Bank (PNB) share price today is ₹109.08

Punjab National Bank is listed on NSE

Punjab National Bank is listed on BSE

  • Today’s highest price of Punjab National Bank is ₹110.6.
  • Today’s lowest price of Punjab National Bank is ₹108.3.

PE Ratio of Punjab National Bank is 8.38

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 2.06Cr.

Today’s market capitalisation of Punjab National Bank(PNB) is ₹126433.87Cr.

Punjab National Bank(PNBPrice
52 Week High
₹142.9
52 Week Low
₹82.3

Punjab National Bank(PNB) share price is ₹109.08. It is down -23.67% from its 52 Week High price of ₹142.9

Punjab National Bank(PNB) share price is ₹109.08. It is up 32.54% from its 52 Week Low price of ₹82.3

Punjab National Bank(PNBReturns
1 Day Returns
-0.93%
1 Month Returns
5.06%
3 Month Returns
-2.99%
1 Year Returns
29.42%