Punjab National Bank Approves FY2025-26 Results, Recommends 150% Dividend

Punjab National Bank Approves FY2025-26 Results, Recommends 150% Dividend​

Punjab National Bank (PNB) has announced the approval of its standalone and consolidated audited financial results for the quarter and year ended March 31, 2026, and recommended a dividend of Rs. 3.00 per equity share. The bank also approved convening its 25th Annual General Meeting (AGM) on Saturday, June 20, 2026.

The Board of Directors conducted the meeting on May 5, 2026, and cleared the financial outcomes for the fiscal year 2025-26, subject to shareholder approval at the ensuing AGM.

Financial Performance and Key Metrics​

For the year ended March 31, 2026, PNB reported significant financial figures.


Note: Mb stands for Million Crore Rupees.

The bank's Balance Sheet indicates strong capitalization, maintaining a Capital Adequacy Ratio (CAR) of 17.74% (Basel-III) for the quarter ended March 31, 2026. Furthermore, the bank reported 8 Digital Banking Units (DBUs) operating as of the end of the period.

Dividend Recommendation and Annual General Meeting​

The Board of Directors recommended a dividend of Rs. 3.00 per equity share, representing 150% of the face value of Rs. 2/- each, for the financial year 2025-26.

The 25th Annual General Meeting (AGM) of the bank is scheduled for Saturday, June 20, 2026, to be held at 11:00 a.m. (IST) via Video Conferencing (VC)/Other Audio Visual Means (OAVM).

Strategic and Operational Updates​

The bank also provided details on its restructuring and investment activities:

1. Mergers and Stakes Realization:
PNB executed several amalgamations of Regional Rural Banks (RRBs) during the period. Key transactions included:

• The amalgamation of Prathama UP Gramin Bank into Uttar Pradesh Gramin Bank, resulting in PNB realizing an investment of Rs. 21.18 Crore.
• The formation of Bihar Gramin Bank through the amalgamation of Dakshin Bihar Gramin Bank and Uttar Bihar Gramin Bank, for which PNB paid Rs. 668.89 Crore.
• The formation of West Bengal Gramin Bank through the amalgamation of Bangiya Gramin Vikash Bank, Paschim Banga Gramin Bank, and Uttarbanga Kshetriya Gramin Bank, involving payments totaling Rs. 282.80 Crore.

2. Loan Resolution and Provisioning:
As of March 31, 2026, the bank is holding an additional provision of Rs. 2429.77 Crore on accounts related to stressed assets. The bank also executed several loan transfers, reporting a total outstanding amount of Rs. 838.54 Crore under Co-Lending Arrangements (CLA).

The bank's total provision for non-performing assets (NPAs) remained a key focus, with provisions for Non-Performing Assets (NPAs) amounting to Rs. 906.01 Mb for the quarter.

Associates and Subsidiaries Overview​

The Group's financial scope includes 16 subsidiaries and associates. Key entities holding stakes include:


The consolidated results incorporate the financial results of these key entities and reflect the bank's continued involvement in the rural banking sector.

PNB Stock Price Movement​

As of 1:21 PM, shares of Punjab National Bank are slipping by 0.40% in live trading, currently positioned at ₹108.24. The equity saw substantial interest, with over 18.13 million shares traded during the volatile session.