NSE: PNB | BSE: 532461

Strong Performer, Under Radar

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108.46 2.64 (2.49%)

26.91% Gain from 52W Low

59.4M NSE+BSE Volume

NSE 02 Jun, 2025 3:31 PM (IST)

124,652.5

Market Cap

Below industry Median

1.4

Beta 1Year

Very High Volatility

Dividend

Punjab National Bank has an upcoming dividend of ₹2.90 per share due on 20 Jun 2025 See details

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

10 Aug 2018

108.46

2.49%

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 129.40 from 5 brokers.

Punjab National Bank

17 May 2018

108.46

2.49%

Punjab National Bank Q4FY18 Results Comment

Results Update: Punjab National Bank

HDFC Securities

NII fell to Rs. 3063.39 Cr in Q4FY18 compared to Rs. 3988.7 Cr in Q3FY18. Punjab National Bank Q4FY18 Results Comment

Punjab National Bank is trading above all available SMAs

Punjab National Bank

15 May 2018

108.46

2.49%

Punjab National Bank: There's pain all over; downgrade to Neutral

Neutral: Punjab National Bank

Recommendation Target

Motilal Oswal

PNB reported operating loss of INR4.5b due to tepid revenue lines and sharply higher operating expenses (on account of AS-15 provisions). NII declined 23% QoQ (-17% YoY), while other income fell ~49% QoQ. Provisions of INR203.5b (significantly higher) led to PBT loss of INR208b. PBT loss was offset by tax credit of INR73.8b, resulting in a loss of INR134.2b. Slippages spiked to INR309.9b (27.4% annualized) on account of one fraud account related to gems and jewellery (INR75.8b) and the RBI's revised stressed asset framework (INR102.37b). The bank further reported a divergence of INR22.07b (GNPA). GNPL/NNPL ratios, thus, increased sharply to 18.4%/11.2%, with absolute GNPA/NNPA up 51%/43% QoQ.

Punjab National Bank has an average target of 129.40 from 5 brokers.

Punjab National Bank

08 Mar 2018

108.46

2.49%

PUNJAB NATIONAL BANK

Neutral: Punjab National Bank

Geojit Research

PNB's officials issued a series of fraudulent Letter of Undertaking (LoUs) to overseas branches of Indian banks in favour of three companies (run by Nirav Modi namely Solar Exports, Steller Diamonds and Diamond R Us) for availing buyers' credit. In normal course, PNB should have remitted the funds to the overseas banks and recovered the amount from Nirav Modi on the due date. However, money was never repaid and to cover these dues, more such LoUs were issued. Notably, the whole operation remained undetected as SWIFT, the messaging service via which the LoUs were sent, was not linked to PNB's core banking system (CBS). In general, the client has to give around 100% cash margin against the LoU...

Punjab National Bank is trading above all available SMAs

Punjab National Bank

21 Feb 2018

108.46

2.49%

Punjab National Bank

Mgmt Note: Punjab National Bank

ICICI Securities Limited

Punjab National Bank (PNB) has reported to exchanges about fraudulent and unauthorised transactions in its Mumbai branch where the liability can run up to $1.7 billion (bn) (| 11300 crore). The estimated value of this fraud is equivalent to ~27% of net worth as of FY17. Select account holders, related to the jewellery sector, colluded with officials to obtain letter of understanding (LoU) to receive funds from the overseas branches of Indian banks. The aforesaid LoUs were issued by officials without the prerequisite...

Punjab National Bank is trading above all available SMAs

Punjab National Bank

12 Feb 2018

108.46

2.49%

Result Update:Punjab Natl.Bank

Hold: Punjab National Bank

Target

Axis Direct

PNB reported PBT loss of Rs 2.2 bn on higher provisions, despite one-time gain of Rs 12.3 bn on stake sale in PNB Housing Finance. However, profit came in at Rs 2.3 bn (up 11.1% YoY) on tax write-back, which was lower than our and consensus estimates.

Punjab National Bank is trading above all available SMAs

Punjab National Bank

09 Feb 2018

108.46

2.49%

Punjab National Bank Q3FY18 results comment

Results Update: Punjab National Bank

HDFC Securities

Punjab National Bank Q3FY18 results comment NII fell to Rs. 3988.7 Cr in Q3FY18 compared to Rs. 4015.18 Cr in Q2FY18. The NII had been increasing from Q1FY18 to Q2FY18. The NII decreased in Q4FY17 and Q3FY18.

Punjab National Bank has gained 24.11% in the last 3 Months

Punjab National Bank

07 Feb 2018

108.46

2.49%

Punjab National Bank

Buy: Punjab National Bank

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Asset quality remained healthy with flattish GNPA at | 57519 crore & NNPA at | 34076 crore. Led by growth, GNPA & NNPA ratio declined by 119 bps & 89 bps to 12.11% & 7.55%, respectively. Slippage came lower at ~| 3174 crore vs | 3460 crore in Q2FY18 NII growth came at 6.9% YoY to | 3989 crore. Other income grew 22.6% YoY to | 3082 crore, led by stake sale in home loan subsidiary. Advances surged 17% YoY, led by 22% YoY growth in domestic book...

Punjab National Bank has an average target of 129.40 from 5 brokers.

Punjab National Bank

06 Feb 2018

108.46

2.49%

Punjab National Bank : Loan growth revives; higher provisions remain a drag on earnings

Buy: Punjab National Bank

Target

Motilal Oswal

PNB reported PPoP of INR42.4b (+29.5%/52.7% QoQ/YoY; in-line), supported by higher-than-expected other income (11% beat, even after considering PNBHF stake sale gains) and lower-than-expected opex due to controlled employee expense. Provisions of INR44.7b (35% higher) led to PBT loss of INR2.2b. Slippages moderated to INR31.7b (2.8% annualized), but strong loan growth enabled 121bp/89bp QoQ improvement in the GNPL/NNPL ratios. Coverage ratio stood largely unchanged at 40.8%. PNB needs to make total additional provisions of INR10.58b toward NCLT in 4QFY18. Stressed assets stood at INR671.3b (14.1% of advances) v/s INR728.5b as on 3QFY17. Domestic NIM for 9MFY18 shrunk 17bp YoY to 2.59%, with a 30bp decline in cost of funds and a 42bp decline in yield on advances YoY. Loan book grew 10%/17% QoQ/YoY, driven by retail, agri and MSME loans. Retail loans grew 5%/22% QQ/YoY, driven by 22% YoY growth in housing loans.

Punjab National Bank has an average target of 129.40 from 5 brokers.

Punjab National Bank

09 Nov 2017

108.46

2.49%

Result Update:Punjab Natl.Bank

Hold: Punjab National Bank

Target

Axis Direct

PNBs Q2 PAT at Rs 5.6 bn (up 2% YoY), higher than our and street's estimate, was aided by lower-than-expected provisions. Asset quality improved slightly with GNPA/NNPA ratio declining by 35/23bps QoQ to 13.3%/8.4%.

Punjab National Bank is trading above all available SMAs

Is Punjab National Bank worth buying?

1504 Votes:

Buy 76.0%

Sell 12.9%

Hold 11.1%

RESEARCH REPORTS

Buy SEE REPORTS >

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Buy SEE REPORTS >

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