Punjab National Bank Reports 14.4% Increase in Q4 Net Profit Amid Decline in Total Income
PNB posts over 14% YoY rise in Q4 PAT; clocks net interest income of Rs 10,380 crore
Business Standard
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Punjab National Bank (PNB) recorded a 14.4% year-on-year increase in net profit, reaching ₹5,225 crore for Q4 FY26, despite a 1.1% drop in total income. The bank's gross non-performing assets (GNPA) improved to 2.95%, reflecting a positive trend in asset quality.
- 01Net profit for Q4 FY26 rose to ₹5,225 crore, a 14.4% increase year-on-year.
- 02Total income fell by 1.1% to ₹36,319 crore in the same quarter.
- 03Gross non-performing assets (GNPA) ratio improved to 2.95% from 3.95%.
- 04Net interest income (NII) decreased by 3.5% to ₹10,380 crore.
- 05Deposits increased by 9.2% year-on-year, reaching ₹17,11,126 crore.
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Punjab National Bank (PNB) has announced a 14.4% year-on-year increase in net profit for the fourth quarter of FY26, totaling ₹5,225 crore. This growth occurred despite a 1.1% decline in total income, which fell to ₹36,319 crore. The bank's net interest income (NII) also saw a decrease of 3.5%, amounting to ₹10,380 crore. Operating profit for the quarter was reported at ₹7,500 crore, up 10.7% from the previous year. Provisions for non-performing assets (NPA) rose by 54% year-on-year, totaling ₹906 crore. The bank's gross non-performing assets (GNPA) decreased significantly, improving the GNPA ratio to 2.95% from 3.95% a year earlier. For the fiscal year, PNB reported a net profit of ₹16,904 crore and total income of ₹147,017 crore, reflecting increases of 1.6% and 6.5% year-on-year, respectively. As of March 31, 2026, the bank's capital adequacy ratio (CRAR) improved to 17.74%, indicating a robust financial position.
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The improved financial performance and asset quality of PNB could enhance customer confidence and lead to increased lending, benefiting both individual and corporate borrowers.
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