In today’s session, Punjab National Bank (PNB) witnessed a notable surge, with its shares gaining 2.26% to Rs 93.41.
This surge was accompanied by a surge in trading volumes, indicating strong investor interest and market activity. The stock’s performance is being closely monitored as it deviates from its average trading pattern.
Financial Performance Overview
Punjab National Bank’s financial performance shows that both revenue and net profit have grown steadily in recent quarters.
Key highlights include:
Revenue: Increased steadily from Rs 27,851 crore in December 2023 to Rs 31,894 crore in December 2024.
Net Profit: Increased significantly from Rs 2,252 crore in December 2023 to Rs 4,648 crore in December 2024.
EPS: Increased from Rs 2.21 in December 2023 to Rs 4.18 in December 2024.
The annual performance of the bank also reflects strong growth:
Revenue: Increased from Rs 54,918 crore in 2020 to Rs 109,064 crore in 2024.
Net Profit: Increased from Rs 363 crore in 2020 to Rs 8,329 crore in 2024.
EPS: Increased from Rs 0.80 in 2020 to Rs 8.27 in 2024.
BVPS: Increased from Rs 87.74 in 2020 to Rs 92.71 in 2024.
ROE: Increased from 0.74% in 2020 to 8.92% in 2024.
NIM: Increased from 2.10% in 2020 to 2.53% in 2024.
Asset Quality
The asset quality of the Bank has improved, with both gross and net NPA percentages decreasing:
Gross NPA: Decreased from 14.00% in March 2020 to 5.73% in March 2024.
Net NPA: Decreased from 5.78% in March 2020 to 0.73% in March 2024.
Historical Sentiment Analysis
According to recent historical data, the sentiment about Punjab National Bank remains neutral:
March 19, 2025: Neutral sentiment with a closing price of Rs. 91.02.
March 21, 2025: Neutral sentiment with a closing price of Rs. 93.30.
Index Inclusion
Punjab National Bank is a constituent of several major indices, including NIFTY NEXT 50, NIFTY 500, NIFTY50 USD, NIFTY BANK, NIFTY 100, NIFTY PSU BANK, NIFTY 200, NIFTY LargeMidCap 250, NIFTY200 Momentum 30, NIFTY LargeMidCap 250, NIFTY500 Multicap 50:25:25, and NIFTY Total Market. This wide inclusion reflects its importance in the Indian stock market.
Shares of Punjab National Bank are currently trading at Rs 93.41, the stock has gained a notable 2.26% in today’s session, supported by increased trading volumes, indicating strong investor interest and positive market momentum.
