Punjab National Bank
PNBPunjab National Bank
PNB
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 8.63 | 1.04 | 1.42% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.34 | 2.41 | 1.00% |
Forecast & Ratings
Detailed Forecast from 15 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Punjab National Bank (PNB or the Bank) is a public sector bank, providing various banking services, such as digital banking, personal banking, social banking, micro, small and medium enterprises banking, agricultural banking, corporate banking etc
Investor Presentation
View olderPeers
Compare with peersState Bank of India
Bank of Baroda Ltd
Indian Overseas Bank
Canara Bank Ltd
Union Bank of India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 56,903.50 | 57,225.66 | 57,608.19 | 59,514.52 | 64,306.13 | 94,712.10 | 88,571.12 | 99,374.32 | 1,23,222.25 | 1,31,375.21 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 1,10,321.27 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 6,564.49 | 5,482.33 | 9,242.37 | 7,047.54 | 7,060.02 | 12,296.72 | 11,971.93 | 14,942.59 | 18,643.24 | |||||||||||
| Selling & Administrative Expenses | 1,884.33 | 2,005.49 | 2,138.07 | 2,293.09 | 2,476.12 | 3,934.62 | 4,129.31 | 4,457.73 | 4,669.84 | |||||||||||
| Operating & Other expenses | 53,334.65 | 47,767.30 | 65,495.42 | 64,959.68 | 53,328.54 | 73,174.01 | 66,747.62 | 73,918.27 | 84,843.62 | |||||||||||
EBITDA | -4,879.97 | 1,970.54 | -19,267.67 | -14,785.79 | 1,441.45 | 5,306.75 | 5,722.26 | 6,055.73 | 15,065.55 | 21,053.94 | ||||||||||
| Depreciation/Amortization | 413.15 | 430.44 | 581.03 | 584.01 | 614.44 | 982.23 | 896.17 | 904.87 | 905.60 | — | ||||||||||
| PBIT | -5,293.12 | 1,540.10 | -19,848.70 | -15,369.80 | 827.01 | 4,324.52 | 4,826.09 | 5,150.86 | 14,159.95 | 21,053.94 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | -5,293.12 | 1,540.10 | -19,848.70 | -15,369.80 | 827.01 | 4,324.52 | 4,826.09 | 5,150.86 | 14,159.95 | 21,053.94 | ||||||||||
| Taxes & Other Items | -1,603.35 | 352.86 | -7,735.33 | -5,799.69 | 388.56 | 1,762.55 | 965.35 | 1,802.41 | 5,052.75 | 7,621.93 | ||||||||||
| Net Income | -3,689.77 | 1,187.24 | -12,113.37 | -9,570.11 | 438.45 | 2,561.97 | 3,860.74 | 3,348.45 | 9,107.20 | 13,432.01 | ||||||||||
| EPS | -19.33 | 5.80 | -49.56 | -25.99 | 0.77 | 2.98 | 3.59 | 3.04 | 8.27 | 12.20 | ||||||||||
| DPS | 0.19 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.64 | 0.65 | 1.50 | 1.50 | ||||||||||
| Payout ratio | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 0.21 | 0.18 | 0.12 |
Company Updates
Investor Presentation
Investor Presentation
Annual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
FinancialsPublic Banks
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Punjab National Bank | 12.73 | 1.04 | 1.42% |
| State Bank of India | 10.68 | 1.66 | 1.71% |
| Bank of Baroda Ltd | 6.54 | 1.02 | 3.21% |
| Indian Overseas Bank | 36.25 | 3.51 | — |
Price Comparison
Compare PNB with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 3.07%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 2.90%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Punjab National Bank
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI CONTRA FUND DIRECT PL GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4225% | Percentage of the fund’s portfolio invested in the stock 1.21% | Change in the portfolio weight of the stock over the last 3 months 0.82% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 64/112 (+25) |
SBI Balanced Advantage Fund - Direct Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2051% | Percentage of the fund’s portfolio invested in the stock 0.73% | Change in the portfolio weight of the stock over the last 3 months 0.73% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 119/144 (+21) |
SBI Long Term Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1918% | Percentage of the fund’s portfolio invested in the stock 0.81% | Change in the portfolio weight of the stock over the last 3 months 0.23% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 26/65 (0) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 21, 2024
Dividend/Share
₹1.50
Ex DateEx Date
Jun 21, 2024
Cash Dividend
Ex DateEx DateJun 23, 2023
Dividend/Share
₹0.65
Ex DateEx Date
Jun 23, 2023
Cash Dividend
Ex DateEx DateJun 22, 2022
Dividend/Share
₹0.64
Ex DateEx Date
Jun 22, 2022
Cash Dividend
Ex DateEx DateJun 22, 2015
Dividend/Share
₹3.30
Ex DateEx Date
Jun 22, 2015
Cash Dividend
Ex DateEx DateFeb 11, 2014
Dividend/Share
₹10.00
Ex DateEx Date
Feb 11, 2014
Net profit of Punjab National Bank rose 136.87% to Rs 4714.14 crore in the quarter ended September 2024 as against Rs 1990.18 crore during the previous quarter ended September 2023. Total Operating Income rose 13.37% to Rs 30447.42 crore in the quarter ended September 2024 as against Rs 26857.70 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income30447.4226857.70 13 OPM %71.7861.80 - PBDT6728.642778.29 142 PBT6728.642778.29 142 NP4714.141990.18 137 Powered by Capital Market - Live
Punjab National Bank will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live
The company's board authorized and declared the opening of the issue on Monday, 23 September 2024. The floor price of Rs 109.16 is at a discount of 2.01% to the previous day's closing price of Rs 111.50 on the BSE. The company stated that it may offer a discount of not more than 5% on the floor price so calculated for the issue. Punjab National Bank is engaged in Treasury Operations, Corporate/Wholesale Banking, Retail Banking, Digital Banking, Others. As on 30 June 2024, Government of India held 73.15% stake in the bank. The public lender reported standalone net profit of Rs 3,251.53 crore in Q1 FY25 steeply higher than Rs 1,255.41 crore reported in Q1 FY24. Total income grew by 12.5% year on year (YoY) to Rs 32,165.95 crore in the quarter ended 30 June 2024. Shares of Punjab National Bank slipped 2.38% to Rs 108.35 on the BSE.Powered by Capital Market - Live
Securities in F&O ban : Aarti Industries, Aditya Birla Fashion and Retail, Biocon, Chambal Fertilisers and Chemicals, Gujarat National Fertilisers and Chemicals (GNFC), Granules India , IDEA, LIC Housing Finance, National Aluminium, Oracle Financial Services, Punjab National Bank (PNB), RBL Bank, SAIL. New Listing: Western Carriers India will debut on stock exchanges today. The issue opened on 13 September 2024 and it closed on 19 September 2024. The price band of the IPO was fixed between Rs 163 to 172 per share. It was subscribed 30.57 times. Arkade Developers will debut on stock exchanges today. The issue opened from 16 September to 19 September 2024. The price band of the IPO was fixed between Rs 121 to Rs 128 per share. It was subscribed 106.83 times. Northern Arc Capital will debut on stock exchanges today. The issue opened from 16 September 2024 to 19 September 2024. The price band was fixed between Rs 249 to Rs 263 per share. It was subscribed 110.91 times. Stocks to watch: Punjab National Bank plans to raise up to Rs 7500 crore via QIP at a floor price of Rs 109.16 per share. Power Grid Corporation of India emerged as a successful bidder for the Khavda project to establish an interstate transmission system. Coal India entered into a 74-26 JV pact with Rajasthan Rajya Vidyut Utpadan Nigam for a 2x800 MW brownfield thermal project. Reliance Power board approved raising Rs 1,525 crore via preferential issue of shares and warrants. Thangamayil Jewellery board will consider raising funds on 26 September 2024. Pondy Oxides and Chemicals' board approved raising upto Rs 250 crore via QIP. Cyient incorporated its arm, Cyient Project Management Consultancy, as a limited liability company in UAE.Powered by Capital Market - Live
Punjab National Bank has launched a QIP issue on 23 September 2024 with floor price of Rs 109.16 per share. Powered by Capital Market - Live
Punjab National Bank has received credit ratings from India Ratings and Research as under: Long Term Issuer Rating - IND AAA/Stable (Affirmed) Additional Tier (AT1) Bonds - IND AA+/Stable (Affirmed) Fixed Deposits - IND AAA/Stable (Affirmed) Basel Ill Tier II Bonds - IND AAA/Stable (Affirmed) Senior Infrastructure Bonds - IND AAA/Stable (Affirmed) Senior Infrastructure Bonds - IND AAA/Stable (Assigned) Certificate of Deposit (CDs) - IND A1+ (Affirmed)Powered by Capital Market - Live
PNB shares rise 2.15% as Sensex climbs
YES Bank, Trident, IRFC, IRCTC, PNB, BHEL, VIL: Retail fav stocks fall up to 27% from 52-week highs
Punjab National Bank slips for fifth straight session
Punjab National Bank is down for a fifth straight session today. The stock is quoting at Rs 114.18, down 5.06% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 2.87% on the day, quoting at 24009. The Sensex is at 78668.1, down 2.86%.Punjab National Bank has lost around 5.92% in last one month.Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has eased around 4.68% in last one month and is currently quoting at 51350.15, down 2.69% on the day. The volume in the stock stood at 385.3 lakh shares today, compared to the daily average of 360.99 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 114.88, down 4.81% on the day. Punjab National Bank jumped 89.04% in last one year as compared to a 22.51% rally in NIFTY and a 11.45% spurt in the Nifty Bank index.The PE of the stock is 12.94 based on TTM earnings ending June 24.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 15.67%, vs industry avg of 14.77%
Decreasing Market Share
Over the last 5 years, market share decreased from 8.99% to 8.97%