1. Punjab National Bank
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47% Buy

Punjab National Bank Share Price

PNB

₹101.38+₹0.61 (0.61%) TodayLast updated on 23 Dec, 2024 | 15:59 IST

Punjab National Bank Share Price Chart

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  • About Punjab National Bank
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About Punjab National Bank

Punjab National Bank Financials

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Market cap
Market Cap Switch₹1,15,814 Crs
Open
₹101.49
Close
₹100.77
Circuit range
₹111.51 - ₹91.24
Day range
₹100.00 - ₹102.44
Year range
₹88.25 - ₹142.90
Volume
2,38,43,994
Avg. traded
₹101.30
Revenue (12m)
₹1,16,126 Crs
Punjab National Bank

Punjab National Bank (PNB) is one of the largest public sector lenders in India. Established on May 19, 1894, in Lahore, the bank opened for business a year later on April 12. It started operations with an authorised capital of ₹2 lakh, of which the working capital was ₹20,000. As many as 9 banks have been merged with PNB since its inception.

Punjab National Bank, along with 13 other major commercial banks, was nationalised on July 19, 1969.

Over the years the PNB has emerged as a leading player in the banking and financial services industry in India and abroad. It is the second largest PSU bank in India after the State Bank of India. The government holds a 73.15% stake in PNB (as of September 30, 2023). The bank had a market capitalisation of over ₹99,700 crore, as of December 15, 2023. PNB share price has surged 123% in the last three years.

PNB business operations

New Delhi-headquartered PNB offers a variety of financial services. It has an extensive portfolio, including retail and commercial banking, agricultural banking and international banking.

PNB provides products such as credit and debit cards, corporate and retail loans, cash management services, deposit services and trade finance. In the international domain, the bank offers services like foreign currency accounts, money transfers, letters of guarantee, world travel cards and specialised solutions for non-resident Indians (NRIs). PNB has forayed into merchant banking, mutual funds, depository services, insurance, and e-services.

PNB had a total of 51,519 delivery channels with a network of 10,092 domestic branches, two international branches, 12,645 ATMs and 28,782 business correspondents, as of September 2023.

The bank has established a diverse portfolio of domestic subsidiaries. PNB Gilts Limited, a listed subsidiary in which PNB has a 74.07% stake, handles the trading of government securities, treasury bills, and other money market instruments.

PNB Investment Services Limited oversees merchant banking activities, including project appraisal, loan syndication, and the execution of IPOs/FPOs/QIPs.

PNB Cards and Services Limited is another wholly-owned subsidiary of the banks, which offers credit card services.

PNB operates two overseas subsidiaries – PNB International Limited in London and Druk PNB Bank Limited in Bhutan. The bank also has a joint venture in Nepal named Everest Bank Limited. The lender has representative offices in neighbouring Myanmar and Bangladesh.

PNB has expanded its international presence with two branches in Gift City, Ahmedabad, and Dubai.

Financial highlights

Punjab National Bank reported strong growth in total business and an improvement in asset quality in the financial year 2022-2023 (FY23).

The bank’s total business reached ₹21.66 lakh crore in FY23. In FY23, PNB reported a net profit of ₹2,507 crore, down 27% year-on-year compared to ₹3,457 crore in FY22. Its net interest income (NII) stood at ₹34,492 crore, showcasing a YoY growth of 20.2%. Gross NPA ratio declined by 304 basis points to 8.74% and the net NPA ratio improved by 208 basis points to 2.72% in FY23. The net interest margin (NIM) improved by 35 basis points to 3.06% in FY23 from 2.71% in the previous financial year.

Punjab National Bank Key indicators

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52 week high
₹142.90
52 week low
₹88.25
P/E ratio
7.68
P/B ratio
0.98
ROE
8.7%
ROCE
11.49%
Dividend yield
1.48%
Debt/Equity ratio
0.51
EPS
7.49

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Investment checklist: (3/6)
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Equity returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

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Analyst ratings:

Buy

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Buy

47%

Hold

24%

Sell

29%

This analysis is based on the reviews of 17 experts in the last 7 days

Punjab National Bank Fundamentals

Punjab National Bank Financial Ratios

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  • Profitability

  • Operational

  • Valuation

Net Interest Margin (NIM)

2.7%

ROA

0.55%

Credit Deposit

68.22%

ROE

8.7%

Net profit margin

7.71%

EPS

7.49

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Punjab National Bank Shareholder returns

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1 day
-2.66%
1 week
-6.46%
1 month
-0.09%
3 months
-7.05%
1 year
+16.03%
3 years
+174.20%
5 years
+55.87%

Revenue statement

All values are in ₹ Crores (Cr)
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  • Revenue

  • Operating profit

  • Net profit

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Cash flow

All values are in ₹ Crores (Cr)
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  • Operating

  • Investing

  • Financing

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Balance sheet

All values are in ₹ Crores (Cr)
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Total assets

Total liabilities

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Punjab National Bank Share Price history

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DayOpenCloseChange %
Mon, Dec 23 2024
₹101.49
₹101.38
+0.61%
Fri, Dec 20 2024
₹103.05
₹100.77
-2.66%
Thu, Dec 19 2024
₹100.01
₹103.52
+0.48%
Wed, Dec 18 2024
₹105.61
₹103.03
-2.79%
Tue, Dec 17 2024
₹107.99
₹105.99
-2.02%
Mon, Dec 16 2024
₹108.00
₹108.18
+0.42%
Fri, Dec 13 2024
₹107.00
₹107.73
-0.08%
Thu, Dec 12 2024
₹109.00
₹107.82
-0.70%

Punjab National Bank Shareholding Pattern

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Promoters (70.08%)

Mutual Funds (2.87%)

Retail and other (9.89%)

Foreign institutions-FII (8.42%)

Other domestic institutions (8.73%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹1.5/share

    Ex date 21 Jun 2024

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  • Dividend • ₹0.65/share

    Ex date 23 Jun 2023

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  • Dividend • ₹0.64/share

    Ex date 22 Jun 2022

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FAQs on Punjab National Bank

What is the Punjab National Bank share price today?

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Punjab National Bank share price is ₹ 101.38 today.

What is today’s high & low share price of Punjab National Bank?

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Punjab National Bank share price high: ₹ 102.44 and low: ₹ 100.00

What is the Punjab National Bank share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 142.90 and Low Price is ₹ 88.25

What is the Punjab National Bank Stock Symbol?

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The Punjab National Bank Stock symbol is PNB.

Can I buy Punjab National Bank shares on Holidays?

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No, shares of Punjab National Bank or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Punjab National Bank shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.