- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,38,341 Cr78th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 16 Oct 2026
- 6.1
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 16 Oct 2026
- 0.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.49%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 16 Oct 2026
- 15.1%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. For the whole group.
- 2.40%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company.
- 2.55%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company.
- 0.25%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company.
- 14.44%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. For the whole group.
- 0.95%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,10,67,47851.7% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter. Total income is interest earned plus other income, fees and treasury gains among it.Quarterly results
Quarter to Sep 2026, against the quarter beforeFiled 16 Oct
- Total incomeTotal income. The pill is the change in total income against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹38,791 Crup 2.21%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹5,918 Crup 1.43%
Total income by year
Peak total income ₹1,49,463 Cr, year to Mar 2026
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 2 of the 10 years shown
| ₹ crore | Dec 2024Filed 31 Jan | Mar 2025Filed 7 May | Jun 2025Filed 30 Jul | Sep 2025Filed 24 Oct | Dec 2025Filed 19 Jan | Mar 2026Filed 5 May | Jun 2026Filed 18 Jul | Sep 2026Filed 16 Oct |
|---|---|---|---|---|---|---|---|---|
| Total income | 35,286 | 37,299 | 37,999 | 36,684 | 37,903 | 36,878 | 37,954 | 38,791 |
| Net profit | 4,811 | 5,011 | 2,167 | 5,121 | 5,577 | 5,602 | 5,835 | 5,918 |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Corporate / Wholesale BankingCorporate / Wholesale Banking, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹56,734 Crdown 3.18%38.0%
- Treasury OperationsTreasury Operations, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹44,781 Crup 11.21%30.0%
- Retail BankingRetail Banking, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹44,015 Crup 14.90%29.4%
- Other Banking OperationsOther Banking Operations, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,933 Crup 19.72%2.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Not shown, EV/EBITDA: not used for a lender or an insurer.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 4% of 1,240 trading days over the last 5 years.
LowestHighest
Its median10.1Industry median8.1
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 50% of 1,236 trading days over the last 5 years.
LowestHighest
Its median0.9Industry median0.9
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 91% of 2,479 trading days over the last 10 years.
LowestHighest
Its median0.00%Industry median2.86%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +7.6% | −0.5% | +5.1% | 3.0% |
| 3 years | +31.6% | +73.9% | −25.7% | 2.4% |
| 5 years | +24.5% | +45.6% | −16.0% | 2.1% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Mutual funds holding it
203 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 149 of the 156 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 3
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 72
- CutCut. Funds that held fewer shares than at the end of the month before.
- 84
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 42
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 4
| Fund | |||
|---|---|---|---|
 SBI Contra FundSBI Mutual Fund | 11,58,46,832 | 2.91% | ₹1,309.8 Cr |
| SBI Balanced Advantage FundSBI Mutual Fund | 6,67,70,108 | 1.86% | ₹754.9 Cr |
 Nippon India ETF Nifty PSU Bank BeESNippon India Mutual Fund | 3,94,78,426 | 11.35% | ₹446.3 Cr |
| SBI Arbitrage FundSBI Mutual Fund | 3,17,60,000 | 0.78% | ₹359.1 Cr |
 HDFC Arbitrage FundHDFC Mutual Fund | 2,86,48,000 | 1.27% | ₹323.9 Cr |
 Invesco India Arbitrage FundInvesco Mutual Fund | 2,77,36,000 | 1.03% | ₹313.6 Cr |
 Kotak Nifty PSU Bank ETFKotak Mahindra Mutual Fund | 2,50,15,110 | 11.35% | ₹282.8 Cr |
| Nippon India ETF Nifty Bank BeESNippon India Mutual Fund | 2,29,00,756 | 3.27% | ₹258.9 Cr |
 ICICI Prudential Arbitrage FundICICI Prudential Mutual Fund | 2,15,84,000 | 0.69% | ₹244.0 Cr |
| SBI Multi Asset Allocation FundSBI Mutual Fund | 2,10,00,000 | 1.13% | ₹237.4 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Public Sector Bank, 12 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Punjab National Bank in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 State Bank of IndiaSBIN | 8,84,861 | 10.3 | 1.4 | +6.6% | +8.5% | 15.4% | 1.11% | 2.84% | 1.81% |
 Union Bank of IndiaUNIONBANK | 1,36,565 | 6.2 | 0.9 | +0.3% | +19.0% | 16.3% | 1.25% | 2.67% | 2.79% |
 Bank of BarodaBANKBARODA | 1,19,407 | – | 0.7 | +2.7% | – | – | 0.98% | 2.83% | 3.68% |
 Indian BankINDIANB | 1,12,761 | 8.5 | 1.3 | +12.4% | +17.2% | 16.1% | 1.25% | 3.07% | 2.18% |
 Canara BankCANBK | 1,05,365 | 5.2 | 0.8 | −6.8% | +17.7% | 16.8% | 0.99% | 2.21% | 3.62% |
 Bank of IndiaBANKINDIA | 59,640 | 5.1 | 0.7 | +6.0% | +24.1% | 13.8% | 0.92% | 2.47% | 3.55% |
 Bank of MaharashtraMAHABANK | 57,933 | 7.7 | 1.7 | +15.2% | +31.0% | 24.3% | 1.76% | 3.83% | 2.92% |
 Indian Overseas BankIOB | 55,228 | 9.3 | 1.5 | +13.1% | +51.8% | 17.2% | 1.25% | 3.17% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹3.00 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 12 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹3.00 |
| 20 Jun 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.90 |
| 21 Jun 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.50 |
| 23 Jun 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.65 |
| 22 Jun 2022 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.64 |
| 22 Jun 2015 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹3.30 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
14 Oct · Legal
13 Oct · Analysts
Punjab National Bank share price by year
Each calendar year to 2025.Punjab National Bank share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 123.58 | +20.2% | 125.35 | 86.90 |
| 2024 | 102.78 | +7.3% | 141.05 | 94.40 |
| 2023 | 95.75 | +69.6% | 95.75 | 44.90 |
| 2022 | 56.45 | +51.3% | 59.90 | 28.45 |
| 2021 | 37.30 | +12.9% | 46.30 | 32.55 |
| 2020 | 33.05 | −48.6% | 66.70 | 26.60 |
| 2019 | 64.35 | −17.6% | 98.30 | 56.45 |
| 2018 | 78.10 | −54.4% | 194.65 | 59.70 |
| 2017 | 171.40 | +48.5% | 213.60 | 115.25 |
| 2016 | 115.45 | −0.2% | 159.30 | 71.00 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 122.00 | 122.30 | 119.06 | 120.37 | 119.99 | 2,10,67,478 | 51.7% |
| 22 Oct 2026 | 122.50 | 122.50 | 120.55 | 122.50 | 121.83 | 2,97,16,337 | 59.0% |
| 21 Oct 2026 | 122.50 | 124.20 | 121.38 | 122.50 | 122.61 | 3,11,19,542 | 52.7% |
| 19 Oct 2026 | 120.87 | 125.22 | 120.00 | 121.90 | 123.01 | 7,81,15,490 | 28.1% |
| 16 Oct 2026 | 116.29 | 116.40 | 114.10 | 116.30 | 115.53 | 1,57,09,991 | 43.9% |
| 15 Oct 2026 | 118.55 | 118.79 | 114.63 | 115.05 | 116.21 | 1,72,12,388 | 35.2% |
| 14 Oct 2026 | 116.80 | 119.64 | 115.58 | 118.50 | 117.95 | 2,16,11,333 | 31.4% |
| 13 Oct 2026 | 115.45 | 117.25 | 115.18 | 116.55 | 116.47 | 1,12,11,261 | 45.5% |
| 12 Oct 2026 | 116.99 | 117.33 | 114.76 | 116.00 | 115.56 | 89,80,416 | 34.5% |
| 9 Oct 2026 | 115.50 | 117.95 | 114.90 | 116.98 | 116.79 | 1,26,66,514 | 30.7% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 25 Oct 2017 | Price move | – | Between two trading sessions the price moved by a fifth or more. At least 3 other companies in the same industry moved as much the same way that session. Not adjusted for. |
| 18 Dec 2014 | Split | 0.2000 | Each share became 5. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.
About Punjab National Bank
Punjab National Bank is a public sector bank in India, constituted under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. It serves individuals, farmers and businesses, and places strategic emphasis on retail, agriculture and micro, small and medium enterprise (MSME) lending, which it calls its RAM segment. Its head office is in Dwarka, New Delhi.
As on 31 March 2026 the bank had 10,324 branches in India. It has two international branches, at DIFC Dubai and at GIFT City in Gujarat, and states that it has a presence in seven countries. Its overseas subsidiaries are PNB International Limited in the United Kingdom and Druk PNB Bank in Bhutan, in which it holds 51 per cent. It also sponsors eight Regional Rural Banks, which operate in eight states, and has a joint venture in Nepal.
Its domestic subsidiaries are PNB Cards & Services Limited, PNB Investment Services Limited and PNB Gilts Limited. It also holds stakes in PNB Housing Finance Limited and PNB MetLife India Insurance Company Limited.
The bank was founded in Lahore on 19 May 1894 by Lala Lajpat Rai, and opened its first branch there in 1895. It later moved from Lahore to Delhi. The Government of India nationalised it along with 13 other banks. Oriental Bank of Commerce was amalgamated with it, and the Government of India nominates a director to its board.
- NSE symbol
- PNB
- BSE code
- 532461
- ISIN
- INE160A01022
- Industry
- Banks
- Listed
- Apr 2002
- Face value
- ₹2
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