PNBNSEPunjab National Bank· BanksHighPositive
Announced Tue, 5 May · 13:14 IST

Punjab National Bank has informed the Exchange that Board of Directors at its meeting held on May 05, 2026, recommended Final Dividend of Rs. 3 per equity share.

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AI summary

Punjab National Bank's Board of Directors met on May 5, 2026 and approved the audited financial results for FY2025-26 (quarter and year ended March 31, 2026). The bank reported standalone net profit of Rs 5,100 crore, up from Rs 4,230 crore in the previous year. Total income stood at Rs 3.69 lakh crore. The board recommended a final dividend of Rs 3 per equity share (150% of face value Rs 2 each), subject to shareholder approval at the AGM scheduled for June 20, 2026. Asset quality improved with gross NPA declining from 4.44% to 3.95% and net NPA at 0.40%. Capital adequacy ratio remained healthy at 17.01% with CET1 ratio of 12.33%. The auditors issued an unmodified (clean) opinion on the financial statements.

Likely market impact

The bank delivered strong profit growth of ~21% YoY with improving asset quality metrics. The dividend payout signals confidence in financial health. The clean audit opinion without qualifications is positive for investor confidence.