New Delhi: Punjab National Bank (PNB) announced its Financial Results for the Quarter and Year Ended 30th June 2026. Bank registered Net Profit increased Y-o-Y by 213.6% to ₹5,253 Crore in Q1 FY’27 as against ₹1,675 Crore in Q1 FY’26.
Key Highlights
- Net Profit increased Y-o-Y by 213.6% to ₹5,253 Crore in Q1 FY’27 as against ₹1,675 Crore in Q1 FY’26.
- RoA increased by 67 BPS at 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.
- CRAR increased to 18.13% as on June’26 from 17.50% as on June’25.
- Book value per share (Tangible) ₹108.58 in June’26 from ₹92.64 in June’25.
- Global Business grew by 10.2% on Y-o-Y basis to ₹29.98 Lakh Crore as on June’26 from ₹27.19 Lakh Crore as on June 25.
- Global Deposits increased by 8.5% on Y-o-Y basis to ₹17.24 Lakh Crore as on June’26 from ₹15.89 Lakh Crore as on June’25.
- Global Advances increased by 12.7% on Y-o-Y basis to ₹ 12,73,132 Crore as on June’26 from ₹11,29,898 Crore as on June’25.
- CD Ratio stood at 73.8% as on June’26 as against 71.1% in June’25.
- GNPA ratio improved by 100 bps on Y-o-Y basis to 2.78% as on June’26 from 3.78% as on June 25. On sequential basis it has improved by 17 bps in June’26.
- NNPA ratio improved by 10 bps on Y-o-Y basis to 0.28% as on June’26 from 0.38% as on June’25. On sequential basis it has improved by 1 bps in June’26.
- Slippage ratio improved by 3 bps on Y-o-Y basis to 0.68% as on Q1 FY’27 from 0.71% as on Q1 FY’26.
Deposits
- Savings Deposits increased to ₹ 5,33,798 Crore registering a Y-o-Y growth of 7.2%.
- Current Deposits stood at ₹ 79,318 Crore as on June’26 registering a Y-o-Y growth of 12.3%.
- CASA Deposits increased to ₹6,13,116 Crore recorded a Y-o-Y growth of 7.8% as on June’26.
- CASA Share of the bank stands at 36.7% as on June’26. Advances
- Core Retail Advances recorded a Y-o-Y growth of 17.5%.
- Housing Loan grew by 11.9% Y-o-Y to ₹1,32,840 Crore.
- Vehicle loan grew by 34.4% Y-o-Y to reach ₹36,599 Crore.
- Agriculture PS Advances grew by 16.4 % on Y-o-Y basis to ₹1,61,668 Crore.
- MSME Advances increased Y-o-Y by 19.8% to ₹2,03,025 Crore.
Asset Quality
- 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.
Profitability
- Operating Profit at ₹7,519 Crore for Q1 FY’27 increased from ₹ 7,081 Crore for Q1 FY’26, recording a growth of 6.2% on Y-o-Y basis.
- Interest Income on Advances at ₹23,061 Crore for Q1 FY’27 increased from ₹21,664 Crore for Q1 FY’26 recording a growth of 6.4% on Y-o-Y basis.
- Total Interest Income at ₹32,897 Crore for Q1 FY’27 increased from ₹ 32,157Crore for Q4 FY’26, recording a growth of 2.3% on Q-o-Q basis.
- Net Interest Income has increased by 2.1% on Y-o-Y basis to ₹10,798 Crore in Q1 FY’27.
- Fee based income of the Bank is at ₹ 2,339 Crore for Q1 FY’27 increased from ₹1,956 Crore for Q4 FY’26, recording a growth of 19.6% on Q-o-Q basis.
Efficiency/Productivity
- Business per employee improved to ₹29.71 Crore as on June’26 from ₹27.30 Crore as on June’25.
- Business per branch improved to ₹ 278.28 Crore as on June’26 from ₹257.39 Crore as on June’25.
- Net profit per employee stands at ₹21.71 Lakhs as on Q1 FY’27.
- Net profit per branch stands at ₹203.37 Lakhs as on Q1 FY’27.
- Financial Inclusion
- PMJDY accounts increased to 573.46 Crore as on June’26 from 539 Crore as on June’25.
- Enrollments under PMJJBY, PMSBY & APY up to June’26 are as under:
Distribution Network
- Bank has total touch points of 54,248 as on 30th June 2026.
- Bank has 10359 domestic branches and 2 International Branches.
- The distribution of branches is as under:
The bank also has 10605 ATMs and 33284 BCs as part of its distribution network.-
- Digital Progress and Initiatives
- Number of Digital Transactions increased to 365 Crores as on 30.06.2026 from 295 Crores as on 30.06.2025 registering a growth of 24% on Y-o-Y basis.
- Number of PNB One Activated users increased to 270 Lakh as on 30.06.2026 from 227 Lakh as on 30.06.2025 registering a growth of 19% on Y-o-Y basis.
- Number of WhatsApp Banking users increased to 140 Lakh as on 30.06.2026 from 70 Lakh as on 30.06.2025 registering a growth of 100% on Y-o-Y basis.
- Number of users of Central Bank Digital Currency (CBDC) 17.22 Lakh and Number of Transactions 153.06 Lakh.
- ‘Project Sentinel’-Tracing the Mule Network Thread: Analysing complex peer-to- peer fund flows to expose hidden mule topologies and pre-empt coordinated financial fraud.
Awards and Accolades
- Golden Peacock National Training Award for the year 2026.
- APY Annual Awards: Excellence Achiever for FY 2025-26 targets, awarded by PFRDA.
- Platinum Award for Treasury Transformation at the Infosys Finacle Innovation Awards 2026.
- Winner in the Climate Finance category for the Viksit Bharat “Ambassador for Change” Awards 2026.
- BAANKNET Highest Value Realization Award at a function organized by PSB Alliance.
- Platinum Award for Product Innovation at the Infosys Finacle Innovation Awards 2026 for Krishi Tatkal Rinn.
