Punjab National Bank Share Price
PNB
Punjab National Bank Share Price Chart
About Punjab National Bank
Punjab National Bank Financials
Market cap ₹1,20,561 Crs | Open ₹106.85 | Close ₹106.29 |
Circuit range ₹115.39 - ₹94.41 | Day range ₹103.68 - ₹107.14 | Year range ₹82.30 - ₹142.90 |
Volume 3,01,63,680 | Avg. traded ₹105.14 | Revenue (12m) ₹1,16,126 Crs |
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
52 week high ₹142.90 | 52 week low ₹82.30 | P/E ratio 8 |
P/B ratio 1.02 | ROE 8.7% | ROCE 11.49% |
Dividend yield 1.43% | Debt/Equity ratio 0.51 | EPS 7.49 |
Learn more
Sector
Equity returns
Dividend returns
Safety factor
Growth factor
Debt vs Equity
Profit factor
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily
Analyst ratings:
Analyst ratings:
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
Net Interest Margin (NIM)2.7% | ROA0.55% |
Credit Deposit68.22% | ROE8.7% |
Net profit margin7.71% | EPS7.49 |
Gross NPA5.73% | Net NPA0.73% |
CASA40.34% | |
Capital Adequacy Ratio (CAR)15.97 |
P/E ratio8 |
P/B ratio1.02 |
Dividend yield1.43% |
Learn more
Revenue statement
All values are in ₹ Crores (Cr)Learn more
Cash flow
All values are in ₹ Crores (Cr)Learn more
Balance sheet
All values are in ₹ Crores (Cr)Total assets
Total liabilities
Learn more
Punjab National Bank Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Nov 29 2024 | ₹106.85 | ₹104.90 | -1.31% |
Thu, Nov 28 2024 | ₹104.90 | ₹106.29 | |
Wed, Nov 27 2024 | ₹105.10 | ₹104.38 | -0.69% |
Tue, Nov 26 2024 | ₹104.47 | ₹105.11 | |
Mon, Nov 25 2024 | ₹103.10 | ₹104.11 | |
Fri, Nov 22 2024 | ₹97.10 | ₹99.82 | |
Thu, Nov 21 2024 | ₹100.05 | ₹96.37 | -4.45% |
Tue, Nov 19 2024 | ₹101.15 | ₹100.86 |
Events
Corporate actions
Dividend • ₹1.5/share
Ex date 21 Jun 2024
Dividend • ₹0.65/share
Ex date 23 Jun 2023
Dividend • ₹0.64/share
Ex date 22 Jun 2022
Learn more
Punjab National Bank Futures & Options
Expiry dates | Current price | Change % |
---|---|---|
PNB 110 CE 26 DEC 24 | ₹1.80 | -₹0.70 (-28%) |
PNB 105 CE 26 DEC 24 | ₹3.85 | -₹1.10 (-22.22%) |
PNB 105 PE 26 DEC 24 | ₹3.30 | |
PNB 107 CE 26 DEC 24 | ₹2.95 | -₹0.80 (-21.33%) |