Punjab National Bank Reports 14.4% Increase in Q4 Profit
PNB Q4 results: Profit up 14.4% YoY to ₹5225 crore
Mint
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Punjab National Bank (PNB) reported a 14.4% year-on-year increase in standalone profit to ₹5,225 crore for the March quarter of FY26. Despite a slight decline in total income and net interest income, the bank saw improvements in operating profit and a reduction in non-performing assets.
- 01PNB's profit for Q4FY26 reached ₹5,225 crore, up 14.4% YoY.
- 02Total income decreased by 1% to ₹36,318.70 crore.
- 03Operating profit rose by 10.7% YoY to ₹7,500 crore.
- 04Gross non-performing assets decreased significantly to ₹37,124 crore.
- 05Earnings per share increased to ₹4.55 from ₹3.97 YoY.
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Punjab National Bank (PNB), a public sector lender in India, announced a 14.41% year-on-year increase in standalone profit, reaching ₹5,225.11 crore for the March quarter of the financial year 2026 (Q4FY26). This growth comes despite a 1% decline in total income, which stood at ₹36,318.70 crore, down from ₹36,705.35 crore in the same quarter last year. PNB's operating profit also showed a positive trend, increasing by 10.7% to ₹7,500 crore compared to ₹6,776 crore in Q4FY25. However, the bank's net interest income (NII) fell by 3.5% to ₹10,380 crore, down from ₹10,757 crore in the previous year. The domestic net interest margin (NIM) decreased to 2.61% from 2.96% YoY, while the global NIM was 2.47%, down from 2.81% YoY. PNB also reported improvements in asset quality, with gross non-performing assets (GNPA) declining by ₹6,958 crore to ₹37,124 crore as of March 31, 2026, from ₹44,082 crore a year earlier. The bank's return on assets (RoA) improved to 1.06%, and earnings per share rose to ₹4.55 from ₹3.97 YoY.
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The reduction in non-performing assets indicates improved financial health for PNB, which could lead to better loan terms for borrowers and increased confidence among investors.
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