NSE: PNB | BSE: 532461

Strong Performer, Under Radar

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107.76 1.50 (1.41%)

26.09% Gain from 52W Low

15.9M NSE+BSE Volume

NSE 11 Sep, 2025 3:31 PM (IST)

123,848

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Punjab National Bank share price target and research reports

Latest analyst research reports with target prices and PDF download for PNB, BSE:532461 Punjab National Bank

Punjab National Bank

01 Aug 2019

107.76

1.41%

PNB

Buy: Punjab National Bank

Target

Sharekhan

Punjab National Bank (PNB) reported weak quarterly numbers but lower provisions aided profitability. In absolute terms, GNPA and NNPA were stable but in percentage terms, they deteriorated due to muted advances. Net interest income (NII) declined by 11.7% y-o-y driven by muted loan growth and a decline in margins. However, by virtue of lower provisions (declined by 65% y-o-y) PNB reported a net profit of Rs. 1018.6 crore. While the overall loan book de grew by 8% q-o-q, the management's guidance of 10% loan growth for FY20E looks achievable,...

Punjab National Bank has an average target of 133.40 from 5 brokers.

Punjab National Bank

27 Jul 2019

107.76

1.41%

Modest operating performance; Lower provisions aid earnings

Neutral: Punjab National Bank

Target

Motilal Oswal

Modest operating performance; Lower provisions aid earnings Motilal Oswal values your support in the Asiamoney Brokers Poll 2019 for...

Punjab National Bank has an average target of 133.40 from 5 brokers.

Punjab National Bank

29 May 2019

107.76

1.41%

Elevated provisions to remain a drag on earnings

Neutral: Punjab National Bank

Motilal Oswal

bank reported full-year loss of INR99.8b (v/s loss of INR122.8b in FY18). Other income grew 21%/4% YoY/QoQ in a seasonally strong quarter to INR18.9b, driving 32% YoY growth in total income. Opex increased 7% QoQ to INR32.3b, resulting in PPoP of INR28.6b (-8% QoQ). CI ratio stood at 53%. Loan growth stood at 5.7% YoY/5.5% QoQ, driven by growth of 21.7% YoY in retail loans. Within retail, home loans grew 25.4% YoY. Deposit base increased 5.3% YoY, led by 8.3% YoY growth in CASA deposits. The CASA mix, thus, stood at 43.5% (v/s 43.4% in 3QFY19)....

Punjab National Bank has gained 21.63% in the last 6 Months

Punjab National Bank

04 Apr 2019

107.76

1.41%

PNB

Buy: Punjab National Bank

Sharekhan

on the accounting treatment by the bank of the one-off amount. However, irrespective of the accounting treatment, we believe the development is positive for the bank. Post the...

Punjab National Bank has gained 21.63% in the last 6 Months

Punjab National Bank

15 Mar 2019

107.76

1.41%

Pick Of The Week - Punjab National Bank

Punjab National Bank

Edelweiss

PNB is northern India-based bank with over 7001 branches, most of which are in..

Punjab National Bank has gained 21.63% in the last 6 Months

Punjab National Bank

05 Feb 2019

107.76

1.41%

Asset quality improving gradually

Neutral: Punjab National Bank

Target

Motilal Oswal

After posting losses in the previous three quarters, PNB reported net profit of INR2.5b in 3QFY19, led by lower provisions of INR27.5b (38% YoY /72% QoQ decline). NII increased 8% YoY to INR42.9b (6% beat), led by 6.7% YoY growth in gross domestic advances and 2.64% improvement in margins. Operating expenses grew 6% QoQ to INR30.1b as PNB charged INR1.62b 05 February 2019 towards the Employee Share Purchase Scheme (ESPS) and provided INR1.2b for wage-related provisions (outstanding wage provisions at INR5.9b). PPoP grew 9% QoQ to INR31b. Overall loan growth was muted at 1% QoQ (-4% YoY) due to sharp rundown in overseas advances. Retail loans grew 15% YoY driven by housing loans.

Punjab National Bank has an average target of 133.40 from 5 brokers.

Punjab National Bank

03 Nov 2018

107.76

1.41%

Punjab National Bank Q2FY19 results Comment

Results Update: Punjab National Bank

HDFC Securities

Punjab National Bank Q2FY19 results Comment NII fell to Rs. 3974.11 Cr in Q2FY19 compared to Rs. 4691.86 Cr in Q1FY19. NII fell by 1.02% ( Rs. 41.07 Cr ) when compared with the same period last year.

Punjab National Bank is trading above all available SMAs

Punjab National Bank

02 Nov 2018

107.76

1.41%

Weakness persists; elevated provisions drive sharp losses

Neutral: Punjab National Bank

Target

Motilal Oswal

PNB reported a loss of INR45.3b due to its weak operating performance and elevated provisions of INR97.6b. NII declined 15% QoQ to INR39.7b, as the domestic margin shrank 44bp QoQ to 2.5%. Other income declined 15% QoQ to INR17.1b, led by muted treasury gains. Operating expenses grew 16% QoQ to INR28.4b, led by wage-related 2 November 2018 provisions. Consequently, PPoP was subdued at INR 28.4b (-13% YoY). loss of INR69.2b, which was partly offset by tax credit of INR23.9b.

Punjab National Bank is trading above all available SMAs

Punjab National Bank

13 Aug 2018

107.76

1.41%

Punjab National Bank Q1FY19 results Comment

Results Update: Punjab National Bank

HDFC Securities

Punjab National Bank Q1FY19 results Comment Punjab National Bank Q1FY19 results Comment

Punjab National Bank has an average target of 133.40 from 5 brokers.

Punjab National Bank

10 Aug 2018

107.76

1.41%

Light House - A Quick Perspective -Punjab National Bank - 10 August 2018

Buy: Punjab National Bank

Way2Wealth

Punjab National Bank is India's first Swadeshi Bank which commenced operations on 12th April, 1895 from Lahore. Punjab National Bank had a network of 6,983 branches, 9,668 ATM's and 8,044 business correspondents as on Mar-18. The deposits and net...

Punjab National Bank has an average target of 133.40 from 5 brokers.

Is Punjab National Bank worth buying?

1534 Votes:

Buy 75.88%

Sell 12.84%

Hold 11.28%

RESEARCH REPORTS

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Buy SEE REPORTS >

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