Punjab National Bank Reports 14.4% Year-On-Year Increase in Q4 Profit to ₹5,225 Crore
Punjab National Bank Reports 14.41% Rise in Standalone Profit for Q4FY26
Punjab National Bank (PNB), India's leading public sector lender, has reported a 14.41% year-on-year (YoY) rise in standalone profit to ₹5,225.11 crore for the March quarter of the financial year 2026 (Q4FY26). This marks a significant improvement from the same quarter last year, where the PSU bank's profit stood at ₹4,567 crore.
Key Highlights of Q4FY26
| Parameter | Q4FY26 | Q4FY25 | YoY Growth |
|---|---|---|---|
| Total Income | ₹36,318.70 crore | ₹36,705.35 crore | -1% |
| Operating Profit | ₹7,500 crore | ₹6,776 crore | 10.7% |
| Net Interest Income | ₹10,380 crore | ₹10,757 crore | -3.5% |
| Domestic Net Interest Margin | 2.61% | 2.96% | -0.35% |
| Return on Assets | 1.06% | 1.02% | 0.04% |
| Earnings per Share | ₹4.55 | ₹3.97 | 14.55% |
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
PNB's total income during the March quarter stood at ₹36,318.70 crore, down 1% from ₹36,705.35 crore in the same quarter last year. Operating profit rose by 10.7% YoY to ₹7,500 crore in Q4FY26 against ₹6,776 crore in Q4FY25.
The bank's net interest income (NII) during the March quarter of FY26 declined 3.5% YoY to ₹10,380 crore from ₹10,757 crore in Q4FY25. Domestic net interest margin (NIM) in Q4FY26 was 2.61% compared to 2.96% YoY, while global NIM stood at 2.47% in Q4FY26 compared to 2.81% YoY.
PNB's asset quality improved YoY. The bank said its gross non-performing assets (GNPA) declined by ₹6,958 crore to ₹37,124 crore as on 31st March 2026 from ₹44,082 crore as on 31 March 2025. On the other hand, net non-performing assets (NNPA) declined by ₹681 crore to ₹3,610 crore by the end of FY26 from ₹4,291 crore as YoY.
Advances Growth
Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
On the front of advances, total retail credit increased by 8.3% YoY to ₹2,80,779 crore by the end of FY26. Agriculture advances grew by 10.7% YoY to ₹1,99,919 crore, while MSME advances increased by 19.9% YoY to ₹1,95,027 crore.
Guidance for FY27
PNB expects its NII to see a healthy 7% YoY rise in FY27. It had guided NII growth at 7% in FY26 too, but it de-grew by 1.9% YoY during the year. NIM, as per the bank's guidance, may stay in the range of 2.60%-2.70% in FY27.
The bank expects its operating profit to rise by 9%-10% YoY in FY27. Operating profit grew by 9.2% YoY in FY26, better than the guidance of 8%-9% for the year.
PNB's gross NPA in FY26 was 2.95%, which is expected to stay below 2.50% in FY27. Net NPA may stay below 0.3% in FY27, as in FY26 it was 0.29% against the guidance of 0.35%.
Share Price
PNB share price was 0.87% down at ₹107.85 around 2:15 pm on the BSE on Tuesday.
Investor Takeaway
PNB's Q4 profit increased by 14.4% YoY to ₹5,225 crore.
More in Market
Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Indian Stocks to Watch: BHEL, Agarwal Industrial, JBM Auto, Rajesh Exports, Indian Energy Exchange, Lenskart Solutions in Market Focus on June 4.
