PNB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Punjab National Bank has released its Annual Report for FY 2025-26 with net profit growing marginally by 1.6% to Rs 16,904 crore, despite a Rs 3,324 crore additional tax burden from the transition to the New Tax Regime. Total income stood at Rs 1,47,017 crore with 6.5% growth, while operating profit improved by 9.2% to Rs 29,290 crore. The bank achieved significant asset quality improvement with gross NPA ratio declining sharply to 2.95% from 3.95% and net NPAs falling to Rs 3,610 crore. The RAM (Retail, Agriculture, MSME) segment now contributes 56.6% of domestic advances, with retail advances growing 18.2%, agriculture 10.7%, and MSME 19.9%. Capital adequacy remains robust at 17.74% CRAR. The bank crossed Rs 1 lakh crore in digital lending sanctions and transitioned to the .bank.in domain as the first PSB to do so. The board has recommended a dividend of Rs 3 per equity share.
PNB delivered steady performance with strong improvement in asset quality and digital transformation milestones, though net profit growth was muted due to tax regime change and NIM pressure. The improved NPA ratios and robust capital position are positive for shareholders, and the dividend declaration provides near-term returns.