Punjab National Bank (PNB) managed to bounce back from its 52-week low, registering a 0.54% growth during the week ending May 22, 2026 – marginally surpassing Sensex's gain of 0.50%. The recovery was due to increased investor interest and cautious optimism, as PNB's share price reached Rs.102.6 after hitting a low on May 18.
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The NiftyBank index has dropped significantly today due to a 3% decline in shares of major players like PNB, Canara Bank, and SBI. This suggests ongoing worries about the banking sector's overall performance and potential market direction.
The CBI has countered Manoj Kharat's appeal, a former single window operator implicated in the massive PNB fraud involving Nirav Modi. Kharat stands accused as part of this high-profile case.
PNB's year-on-year growth increased by 14.4% to reach a net profit of ₹5,225 crore, with total assets climbing to ₹12.59 lakh crore. The bank also saw an impressive 9.2% growth in deposits and reached a milestone of ₹1 lakh crore in digital loans sanctioned. Additionally, the bank's GNPA has decreased to 2.95%.
Public sector banks showed improvement in asset quality during FY26, yet margins remain under pressure, with key players such as SBI, BoB, PNB, Union Bank, and Indian Bank experiencing mixed results in Q4.
PSU banks such as SBI, BoB, and PNB experienced a dip in Net Interest Margins (NIM) during Q4. However, bank executives are optimistic for a gradual margin recovery by the financial year 2026-2027.
Despite the Sensex gaining 1.25% today, Punjab National Bank experienced a 1.47% drop, ending at Rs. 107.2. This underperformance may be attributed to increased trading volumes and heightened interest in derivatives this week, but a technical upgrade from MarketsMojo could potentially boost the stock's future performance.
SBI posted the highest Q4FY26 profit of ₹19,684 crores, demonstrating a robust asset quality. Meanwhile, Bank of Baroda and Punjab National Bank also reported profits of ₹5,616 crores and ₹5,225 crores respectively, with BoB excelling in growth and NIM, while PNB improved but still faces margin pressures.
Investment firm Emkay has lowered its price target for PNB due to a missed margin expectation in Q4, indicating a potential 10% decrease in share value. Emkay's revised outlook suggests caution for PNB investors.
Investment advisors have grown pessimistic about Punjab National Bank and four other companies, suggesting a potential decrease in their stock prices. This shift in sentiment indicates potential challenges ahead for these five companies.
Punjab National Bank (PNB) has been downgraded to 'Reduce' by JM Financial, suggesting investors consider selling their shares with the current price at Rs. 110.2. This move suggests a bearish outlook on PNB's future performance.
The shares of PNB have climbed up due to impressive Q4 earnings, sparking curiosity among investors about potential future strategies.
Jefferies maintains a 'Buy' recommendation for PNB with a price target of ₹130, thanks to Q4 earnings exceeding expectations due to provision write-backs. Strong loan growth, manageable deposit inflow, enhanced asset quality, and well-controlled credit expenses are the key drivers behind this optimistic outlook for PNB.
Punjab National Bank's share price surges, buoyed by analyst predictions of up to 25% growth following the bank's impressive Q4 performance and optimistic future outlook.
PNB has announced a 14% increase in its Q4 profits, yet analysts show varied opinions regarding the stock's future performance. For updated target prices on PNB shares, visit their official website.
The rising open interest by 10.3% in Punjab National Bank indicates that investors are adjusting their positions, even amid bearish market sentiment. This suggests a possible shift or heightened interest in the bank's performance.
PNB's CEO, Ashok Chandra, has shared his outlook for FY27 during a recent interview on ETNOW. For details, you can check out the full interview here: [Link provided]. Stay tuned for updates as this could impact banking earnings in the upcoming fiscal year. #PNB #Banking #Earnings
Morgan Stanley maintains its negative stance towards Punjab National Bank and sets a price target of INR 88. Investors may wish to consider this underweight rating cautiously.
Punjab National Bank proposes a dividend of INR 3 per share for the fiscal year 2025-26, potentially boosting investor interest. The bank's stock reached an intraday high of INR 111.35 on BSE, demonstrating a positive market response to this announcement.
Motilal Oswal maintains a positive outlook for PNB, adjusting their price target downwards to ₹135 from ₹145. The revision suggests continued optimism towards the bank's future performance.
CLSA maintains a positive outlook for Punjab National Bank (PNB), predicting a target price of ₹135, and Q4 profits surpassed expectations by 16%. However, the firm has reduced its FY27-28 profit estimates by 3% due to lower net interest income as asset quality improves with a reduced gross slippage ratio.
Punjab National Bank won't be raising additional capital in the upcoming financial year 2027, as they believe they have enough funds internally to meet their needs.
The Indian Nifty index is poised for a 200-point increase due to easing Middle East tensions and a decline in oil prices. Significant earnings reports from companies like L&T, M&M, Hero MotoCorp, and PNB could further fuel sectoral growth.
PNB aims for credit expansion between 12-13%, with anticipated yields around 7.8-7.9%. This growth is attributed to the retail, agricultural, and MSME sectors, as per Ashok Chandra of PNB.
Punjab National Bank plans to boost its lending efforts, aiming for a credit growth of 12%-13% by fiscal year 2026-27.
Punjab National Bank announced it will distribute a dividend of INR 3 per share to its shareholders.
M&M delivers impressive financial performance, projecting a robust outlook for FY27. On the other hand, PNB's earnings show a mix of highs and lows, as both income and profits fail to meet forecasts.
Punjab National Bank reports a significant 14% increase in Q4 net profit to ₹52 billion, outperforming estimated figures of ₹46 billion, signaling robust financial health.
Punjab National Bank's Q4 report reveals an increase in fresh slippages to ₹26.7B, up from ₹18.2B quarter-on-quarter. This surge indicates a deteriorating credit cycle for new problem loans.
Punjab National Bank predicts a Net Interest Margin (NIM) of 2.6%-2.7% for the upcoming fiscal year, FY27. This indicates a stable margin for the bank's interest income compared to expenses on funding.
Punjab National Bank (PNB) reported a significant 14% profit growth in the fourth quarter of the current fiscal year, reaching ₹5,225 crore. This figure represents a substantial rise from the ₹4,567 crore recorded in the corresponding period last year.
PNB's Q4 bad loan ratio (GNPA) dropped significantly to 2.95%, demonstrating improvement compared to the previous quarter. Similarly, its net NPA also decreased to 0.29%, indicating enhanced asset quality in Q4.
Punjab National Bank reported a modest 0.3% year-over-year growth in their Q4 interest income, reaching ₹321 billion.
Attention investors: Upcoming financial results and recent updates for companies like CAMS, Tata Tech, L&T, Coforge, and PNB may significantly impact their stock performance in the market. Keep a close eye on these stocks for potential shifts in market action.
Punjab National Bank's Q4 loan loss provisions dropped by 4 billion rupees compared to the previous quarter, falling to 9 billion rupees.
Despite a 4% decrease in Net Interest Income (NII), Punjab National Bank (PNB) managed to boost its Q4 net profit by 14%, reaching INR 5,225 crore compared to the previous year.
The CBI Court has found eight individuals guilty, among them a senior PNB official, in a fraud case involving the creation of bogus Letters of Credit, forged identities, and manipulation of verifications. The total loss incurred by the State Bank of India is estimated at ₹8.64 Crore.
The Nifty Bank index experiences a significant drop of 1.5%, putting pressure on bank stocks. Notably, Axis Bank, Bank of Baroda, and PNB all decline by 3% in today's broader market downturn as reported by the Financial Express.
Despite a minor dip in PNB's share price, there's been a significant 10.4% increase in open interest, indicating heightened trading activity among investors. This could suggest positive sentiment towards the near-term future of PNB.