Punjab National Bank Q1 Net Profit Surges 214%
Earnings & Results
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
18th Jul 2026
Key Financial Highlights
Profitability Metrics
- Net Profit: ₹5,253 crore in Q1 FY27, increased by 213.6% YoY from ₹1,675 crore in Q1 FY26
- Return on Assets (RoA): 1.04% in Q1 FY27, increased by 67 bps over Q1 FY26
- Operating Profit: ₹7,519 crore for Q1 FY27, increased 6.2% YoY from ₹7,081 crore
- Net Interest Income: ₹10,798 crore in Q1 FY27, increased 2.1% YoY
- Global Net Interest Margin: 2.50% in Q1 FY27, improved from 2.47% in Q4 FY26
- Fee-based Income: ₹2,339 crore for Q1 FY27, increased 19.6% QoQ from ₹1,956 crore
- Interest Income on Advances: ₹23,061 crore for Q1 FY27, increased 6.4% YoY from ₹21,664 crore
- Total Interest Income: ₹32,897 crore for Q1 FY27, increased 2.3% QoQ from ₹32,157 crore
Business Growth
- Global Business: ₹29.98 lakh crore as on June 2026, grew 10.2% YoY from ₹27.19 lakh crore
- Global Deposits: ₹17.24 lakh crore as on June 2026, increased 8.5% YoY from ₹15.89 lakh crore
- Global Advances: ₹12,73,132 crore as on June 2026, increased 12.7% YoY from ₹11,29,898 crore
- Credit-Deposit Ratio: 73.8% as on June 2026 compared to 71.1% in June 2025
Asset Quality
- Gross NPA Ratio: 2.78% as on June 2026, improved by 100 bps YoY from 3.78% and improved 17 bps sequentially
- Net NPA Ratio: 0.28% as on June 2026, improved by 10 bps YoY from 0.38% and improved 1 bp sequentially
- Slippage Ratio: 0.68% in Q1 FY27, improved by 3 bps YoY from 0.71%
- Gross NPAs: ₹35,381 crore as on June 2026, declined by ₹7,292 crore from ₹42,673 crore as on June 2025
- Net NPAs: ₹3,433 crore as on June 2026, declined by ₹699 crore from ₹4,132 crore as on June 2025
Deposit Composition
- Savings Deposits: ₹5,33,798 crore, grew 7.2% YoY
- Current Deposits: ₹79,318 crore, grew 12.3% YoY
- CASA Deposits: ₹6,13,116 crore, grew 7.8% YoY
- CASA Share: 36.7% as on June 2026
Advances Portfolio
- Core Retail Advances: Grew 17.5% YoY
- Housing Loan: ₹1,32,840 crore, grew 11.9% YoY
- Vehicle Loan: ₹36,599 crore, grew 34.4% YoY
- Agriculture PS Advances: ₹1,61,668 crore, grew 16.4% YoY
- MSME Advances: ₹2,03,025 crore, grew 19.8% YoY
Capital Adequacy
- CRAR: 18.13% as on June 2026, increased from 17.50% as on June 2025
- Book Value per Share (Tangible): ₹108.58 in June 2026, increased from ₹92.64 in June 2025
Efficiency Metrics
- Business per Employee: ₹29.71 crore as on June 2026, improved from ₹27.30 crore as on June 2025
- Business per Branch: ₹278.28 crore as on June 2026, improved from ₹257.39 crore as on June 2025
- Net Profit per Employee: ₹21.71 lakhs as on Q1 FY27
- Net Profit per Branch: ₹203.37 lakhs as on Q1 FY27
Financial Inclusion Initiatives
- PMJDY Accounts: 573.46 crore as on June 2026, increased from 539 crore as on June 2025
- Scheme Enrollments as on 30.06.2026:
- Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY): 95.72 (from 75.54 in 2025)
- Pradhan Mantri Suraksha Bima Yojana (PMSBY): 357.00 (from 300.15 in 2025)
- Atal Pension Yojana (APY): 59.77 (from 48.11 in 2025)
Distribution Network
- Total Touch Points: 54,248 as on 30th June 2026
- Domestic Branches: 10,359
- International Branches: 2
- Branch Distribution:
- Metro: 1,761 branches (17.0% share)
- Urban: 2,041 branches (19.7% share)
- Semi Urban: 2,548 branches (24.6% share)
- Rural: 4,009 branches (38.7% share)
- ATMs: 10,605
- Business Correspondents (BCs): 33,284
Digital Progress
- Digital Transactions: 365 crores as on 30.06.2026, grew 24% YoY from 295 crores
- PNB One Activated Users: 270 lakh as on 30.06.2026, grew 19% YoY from 227 lakh
- WhatsApp Banking Users: 140 lakh as on 30.06.2026, grew 100% YoY from 70 lakh
- CBDC Users: 17.22 lakh
- CBDC Transactions: 153.06 lakh
- Project Sentinel: Implemented for tracing mule network and pre-empting financial fraud
Awards and Accolades
- Golden Peacock National Training Award for 2026
- APY Annual Awards: Excellence Achiever for FY 2025-26 targets (awarded by PFRDA)
- Platinum Award for Treasury Transformation at Infosys Finacle Innovation Awards 2026
- Winner in Climate Finance category for Viksit Bharat "Ambassador for Change" Awards 2026
- BAANKNET Highest Value Realization Award from PSB Alliance
- Platinum Award for Product Innovation at Infosys Finacle Innovation Awards 2026 for Krishi Tatkal Rinn
Social Media Presence
- Facebook: 34,84,289 followers
- X (Twitter): 4,70,546 followers
- Instagram: 11,94,090 followers
- LinkedIn: 2,35,760 followers
- YouTube: 5,32,000 subscribers
- Threads: 53,500 followers