Punjab National Bank Reports Financial Results for Quarter Ended June 30, 2026
Punjab National Bank released its unaudited (reviewed) financial results for the quarter ended June 30, 2026, highlighting growth across profitability, asset quality, and digital advancements.Key Financial Highlights
The bank reported several significant improvements in key financial metrics for Q1 FY'27 compared to previous periods. Net Profit saw a substantial increase year-on-year (Y-o-Y) by 213.6%, reaching ₹5,253 Crore from ₹1,675 Crore in Q1 FY'26.Key performance indicators mentioned include:
- Return on Assets (RoA): Increased by 67 BPS to 1.04% in Q1 FY'27 over Q1 FY'26.
- Global Net Interest Margin: Improved to 2.50% in Q1 FY'27 from 2.47% in Q4 FY'26.
- Capital to Risk Weighted Assets Ratio (CRAR): Rose to 18.13% as on June '26, up from 17.50% as on June '25.
- Book Value per Share (Tangible): Stood at ₹108.58 in June '26, compared to ₹92.64 in June '25.
Business and Asset Quality Metrics
Global Business grew by 10.2% Y-o-Y, reaching ₹29.98 Lakh Crore as of June '26, up from ₹27.19 Lakh Crore as on June '25. Global Deposits increased by 8.5% Y-o-Y to ₹17.24 Lakh Crore, up from ₹15.89 Lakh Crore as on June '25.In terms of lending, Global Advances rose by 12.7% Y-o-Y to ₹12,73,132 Crore, up from ₹11,29,898 Crore as on June '25. The bank maintained a Credit Deposit (CD) Ratio of 73.8% as of June '26, compared to 71.1% in June '25.
Asset quality saw marked improvement:
- Gross Non-Performing Assets (GNPA) declined by ₹7,292 Crore to ₹35,381 Crore as on June '26 from ₹42,673 Crore as on June '25.
- Net Non-Performing Assets (NNPA) declined by ₹699 Crore to ₹3,433 Crore as on June '26 from ₹4,132 Crore as on June '25.
Deposits and Advances Breakdown
Focusing on deposits, Savings Deposits increased by 7.2% Y-o-Y to ₹5,33,798 Crore. Current Deposits stood at ₹79,318 Crore as on June '26, reflecting a 12.3% Y-o-Y growth. CASA Deposits reached ₹6,13,116 Crore, showing a 7.8% Y-o-Y increase, resulting in a CASA Share of the bank at 36.7% as on June '26.Regarding advances:
- Housing Loan grew by 11.9% Y-o-Y to ₹1,32,840 Crore.
- Vehicle loan increased by 34.4% Y-o-Y to ₹36,599 Crore.
- MSME Advances rose by 19.8% Y-o-Y to ₹2,03,025 Crore.
Profitability and Efficiency
Operating Profit for Q1 FY'27 was ₹7,519 Crore, an increase from ₹7,081 Crore in Q1 FY'26, marking a 6.2% Y-o-Y growth. Interest Income on Advances at ₹23,061 Crore for Q1 FY'27 grew by 6.4% Y-o-Y from ₹21,664 Crore in Q1 FY'26. Total Interest Income reached ₹32,897 Crore for Q1 FY'27, up from ₹32,157 Crore for Q4 FY'26, representing a 2.3% growth quarter-on-quarter (Q-o-Q).Fee based income stood at ₹2,339 Crore for Q1 FY'27, up from ₹1,956 Crore in Q4 FY'26, which is a 19.6% increase on a Q-o-Q basis.
In terms of efficiency:
- Business per employee improved to ₹29.71 Crore as of June '26, up from ₹27.30 Crore as on June '25.
- Business per branch reached ₹278.28 Crore as on June '26, compared to ₹257.39 Crore as on June '25.
Financial Inclusion and Distribution Network
The bank's digital footprint shows significant expansion. The number of Digital Transactions increased to 365 Crores as of 30.06.2026, up from 295 Crores a year prior, showing a 24% Y-o-Y growth. PNB One Activated users rose to 270 Lakh as of 30.06.2026 from 227 Lakh on 30.06.2025, indicating a 19% Y-o-Y increase. WhatsApp Banking users grew by 100% Y-o-Y to 140 Lakh as of 30.06.2026 from 70 Lakh in 30.06.2025.The bank has a total touchpoint count of 54,248 as of June 30, 2026, comprising 10,359 domestic branches and 2 International Branches. A breakdown of branch distribution is provided below:
| Category | No. of Branches | %age Share |
|---|---|---|
| Metro | 1761 | 17.0 |
| Urban | 2041 | 19.7 |
| Semi Urban | 2548 | 24.6 |
| Rural | 4009 | 38.7 |
Awards and Recognitions
Punjab National Bank secured several accolades, including the Golden Peacock National Training Award for 2026. It was awarded an Excellence Achiever status by PFRDA for APY targets for FY 2025-26, received a Platinum Award for Treasury Transformation at the Infosys Finacle Innovation Awards 2026, and won the Climate Finance category in the Viksit Bharat 'Ambassador for Change' Awards 2026. The bank also received the BAANKNET Highest Value Realization Award from PSB Alliance.PNB Stock Price Movement
Punjab National Bank shares edged up on Friday, closing at ₹105.77 after gaining ₹0.79 or 0.75%. The stock settled amidst a trading day where it saw a high of ₹106.1 and recorded a volume of 14.16 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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