Punjab National Bank (PNB) AI Stock Analysis

• Market Cap: ₹1.31T
• Dividend Yield: 2.57%
• Average Volume (3M): 727.35K
• Price to Earnings (P/E): 7.8
• Beta (1Y): 1.49
• Revenue Growth: 15.52%
• EPS Growth: 37.23%
• Country: IN
• Employees: 102,349
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 1.50
• Shares Outstanding: 11,492,943,000
• 10 Day Avg. Volume: 953,094
• 30 Day Avg. Volume: 727,349
• PEG Ratio: 0.06
• Price to Book (P/B): 0.81
• Price to Sales (P/S): 1.85
• P/FCF Ratio: 5.29
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹119.67
• Price Target Upside: 5.81% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 68 Neutral
• Price Target: ₹114.00 ▲(0.80% Upside)

Punjab National Bank's strong financial performance and attractive valuation are key strengths, contributing positively to the overall score. However, technical indicators suggest potential short-term bearish momentum, which slightly offsets the positive financial and valuation aspects.

Punjab National Bank Business Overview & Revenue Model

Company Description

Punjab National Bank provides various banking and financial products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers personal banking products and services, including saving fund accounts, current accounts, fixed deposit, and capital gain account and gold monetization schemes; housing, vehicle, education, personal, and mortgage loans; and cards. The company also provides various micro, small, and medium enterprises schemes; banking products for government customers; agricultural banking services; corporate banking products and services consisting of loans against future lease rentals, working capital financing, and term loans; EXIM finance and cash management services, as well as gold card schemes for exporters; and international banking products and services. In addition, it offers insurance services, such as life, fire, motor, marine, theft/burglary, fidelity guarantee, personal accident, health, travel, house hold goods, etc.; and depository, mutual fund, merchant banking, and application supported by blocked amount services. Further, the company provides mobile banking, SMS banking, missed call, e-statement, ATM, cash deposit machine, passbook updating machine, and electronic cheque deposit machine services, as well as debit cards. As of March 31, 2022, it operated a network of 10,098 branches in India; and 2 branches comprising 1 in Hong Kong and 1 in Dubai, as well as 2 representative offices in Bangladesh and Myanmar. The company was founded in 1895 and is headquartered in New Delhi, India.

How the Company Makes Money

Punjab National Bank generates revenue through various streams, primarily from interest income and non-interest income. Interest income is derived from loans and advances extended to individuals and businesses, which include personal loans, home loans, business loans, and corporate lending. The bank earns interest on these loans, which is a significant portion of its revenue. Non-interest income comes from service charges, fees, and commissions related to various banking services such as transaction processing, trade finance, and insurance products. PNB also earns through treasury operations, which involve investments in government securities and the money market. Additionally, the bank benefits from strategic partnerships and alliances that enhance its product offerings and customer reach.

Punjab National Bank Financial Statement Overview

Summary

Punjab National Bank demonstrates strong financial performance with notable improvements in revenue and profitability. The balance sheet is stable, supported by a solid equity base, while cash flow management has seen positive trends recently. Continued focus on improving margins and maintaining cash flow stability will bolster long-term growth.

Income Statement

The income statement shows strong revenue growth with a significant increase from the previous year. Gross profit margin remains high, indicating effective cost management. The net profit margin has improved, showcasing enhanced profitability. However, there's a need for improvement in EBIT and EBITDA margins compared to industry standards.

Balance Sheet

The balance sheet reflects a strong equity position and a manageable debt-to-equity ratio, which indicates stability and prudent financial management. However, the equity ratio suggests room for improving asset utilization efficiency. The bank's growing equity base is a positive indicator of financial health.

Cash Flow

Cash flow analysis reveals a substantial positive shift in free cash flow, indicating improved operational efficiency and cash generation capabilities. The operating cash flow to net income ratio suggests effective conversion of income to cash, though past periods showed volatility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.25T	586.03B	421.41B	989.09B	879.77B	944.04B
Gross Profit	621.11B	499.90B	421.41B	274.05B	241.67B	226.68B
EBITDA	272.75B	270.10B	142.37B	60.56B	54.91B	37.95B
Net Income	166.24B	184.80B	91.07B	33.48B	38.61B	25.62B
Balance Sheet
Total Assets	18.74T	18.58T	15.99T	14.94T	13.39T	12.80T
Cash, Cash Equivalents and Short-Term Investments	1.41T	1.51T	1.31T	1.57T	1.34T	1.13T
Total Debt	934.72B	2.05T	725.86B	701.49B	593.72B	522.98B
Total Liabilities	17.35T	17.24T	14.88T	13.90T	12.41T	11.87T
Stockholders Equity	1.38T	1.33T	1.10T	1.03T	975.82B	925.34B
Cash Flow
Free Cash Flow	0.00	204.74B	-291.14B	220.40B	193.96B	4.53B
Operating Cash Flow	0.00	220.75B	-279.39B	225.92B	199.32B	12.40B
Investing Cash Flow	0.00	-15.78B	-15.06B	-7.32B	-12.04B	-7.87B
Financing Cash Flow	0.00	-11.38B	35.18B	1.37T	425.49B	54.15B

Punjab National Bank Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 113.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PNB, the sentiment is Positive. The current price of 113.1 is above the 20-day moving average (MA) of 110.70, above the 50-day MA of 107.35, and above the 200-day MA of 100.53, indicating a bullish trend. The MACD of 1.93 indicates Negative momentum. The RSI at 62.81 is Neutral, neither overbought nor oversold. The STOCH value of 87.85 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PNB.

Punjab National Bank Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BANKBARODA	74 Outperform	₹1.35T	6.96	―	3.19%	7.78%	2.18%
IDBI	74 Outperform	₹992.66B	12.54	―	2.30%	16.28%	25.78%
UNIONBANK	74 Outperform	₹1.06T	5.62	―	3.43%	7.65%	28.06%
CANBK	70 Outperform	₹1.16T	6.28	―	3.17%	9.22%	18.54%
PNB	68 Neutral	₹1.31T	7.80	―	2.57%	15.52%	37.23%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Punjab National Bank Corporate Events

Punjab National Bank Releases Earnings Call Recording for June 2025 Quarter

Punjab National Bank has announced the availability of an audio/video recording of its earnings call with analysts and investors, discussing the financial results for the quarter ended June 30, 2025. This announcement is part of the bank’s compliance with regulatory requirements and aims to maintain transparency with its stakeholders regarding its financial performance.