Punjab National Bank shares at one-year high as deposits, advances rise in Dec quarter; check all Q3 FY26 updates

The lender in a regulatory filing said its global business grew 3.8% sequentially and 9.57% year-on-year (YoY) to ₹28.92 lakh crore.  Its domestic business came in at ₹27,65,288 crore, up 3.11% QoQ and 9.09% YoY.

The global deposits also grew 8.54% to ₹16,60,385 crore. Sequentially, it went up 2.68%. The state-run lender's domestic deposits for the period under review stood at ₹15,97,487 crore, up 2.14% QoQ and 8.32% YoY. 

Global advances increased 5.36% on a quarterly basis and 10.98% YoY to ₹12,32,245 crore, while domestic advances came in at ₹11,67,801 crore, up 4.47% QoQ and 10.15% YoY. 

PNB Q2 results

Punjab National Bank had reported a net profit of ₹4,904 crore in the second quarter of the current financial year, marking an increase of 14% from ₹4,303 crore in the same period last year.

Its net interest income, or difference between interest earned on loans and expended on deposits, declined marginally to ₹10,469 crore in the July-September period from ₹10,517 crore in the year-ago period.

During the quarter, Punjab National Bank wrote back provisions worth ₹639 crore for bad loans against provisioning of ₹199 crore in the same period last year.

The Delhi-based lender's asset quality showed an improvement as its gross non-performing assets, as a percentage of total advances, improved to 3.45% from 4.48% a year earlier.

Its net NPA improved to 0.36% from 0.46%. In absolute terms, gross NPA was at ₹40,343 crore as against ₹47,582 crore during the second quarter of last financial year.

PNB share price

At 10:02 AM, shares of Punjab National Bank (PNB) were trading at ₹126.55 apiece on NSE, rising 0.96%.

Over a month’s time, PNB shares have gained 5%, while the stock has climbed more than 13% in 6 months. On a year-on-year basis, PNB shares have surged 23.5%.

Shares of the firm had hit a 52-week high of ₹127.80 on December 2, 2025, and a 52-week low of ₹85.46 on March 4, 2025.

The lender has a total market capitalisation of ₹1.44 lakh crore, according to data from the NSE.