Pnb Results

PNB Q3 result: Profit more than doubles to Rs 4,508 cr, income Rs 34,752 cr

State-owned Punjab National Bank (PNB) on Friday posted more than twofold jump in net profit at Rs 4,508 crore for the third quarter ended December 2024. The bank had earned a net profit of Rs 2,223 crore in the same quarter a year ago. Total income increased to Rs 34,752 crore from Rs 29,962 crore in the same period a year ago, PNB said in a regulatory filing. Interest income also rose to Rs 31,340 crore from Rs 27,288 crore. On the asset quality front, the bank's gross non-performing assets ratio moderated to 4.09 per cent from 6.24 per cent a year ago. Similarly, net NPAs, or bad loans, came down to 0.41 per cent from 0.96 per cent at the end of the third quarter last fiscal. As a result, provisions for bad loans came down significantly to Rs 318 crore during the quarter from Rs 2,994 crore a year ago.

PNB Q4 results: Profit surges 160% to Rs 3,010 crore, gross NPAs at 5.7%

Punjab National Bank Q4FY24 results: The board recommended a dividend of Rs 1.50 per equity share of face value of Rs 2 each for the financial year 2023-24

PNB: Upsides capped as strong Q3 show, outlook reflected in valuations

Net interest income grew 12% YoY to Rs 10,300 crore as net interest margins improved 4 basis points QoQ to 3.15%

SBI, PNB, Bandhan Bank: Trading strategies in bank stocks post Q4 results

Nifty Bank index may rise up to 2.25% once hits a new historic peak, shows technical charts

PNB reports net profit of Rs 506 cr in Dec quarter; bad loans down

Total income in the quarter under review rose to Rs 23,298.53 crore as against Rs 15,967.49 crore earlier, PNB said in a regulatory filing

PNB expects 4-6% credit growth this fiscal, says Mallikarjuna Rao

Punjab National Bank on Monday said its overall credit growth is likely to be at around 4-6 per cent in the current fiscal year as it expects the economy to return to normalcy from October onwards.

Punjab National Bank logs loss of Rs 492 cr in Q3, asset quality improves

In terms of ratio, the GNPA for the recently concluded quarter improved sequentially, but was flat YoY, to 16.3 per cent. The NNPA ratio was 7.18 per cent.

PNB rises 3% ahead of Q3 results, nod to raise Rs 1,000 crore via bonds

Among the key monitorables, analysts would watch out for an update on integration and merger of United Bank of India and Oriental Bank of Commerce with PNB.

PNB slips over 6% as asset quality worsens in Q2, provisions rise 5% QoQ

The public sector lender's slippages jumped 38 per cent sequentially from Rs 5,412 crore reported in Q1FY20 to Rs 7,460 crore in the quarter under review, the bank's management said.

PNB reports profit of Rs 1,019 crore for June quarter, net NPAs rise QoQ

Provisions and contingencies stood at Rs 2,023.31 crore, down 64.8 per cent against 5,758.16 crore logged in the year-ago period.

PNB Q1 results preview: Here's what leading brokerages expect

Most analysts expect the bank to report loss in the recently-concluded quarter coupled with a fall in the net interest income (NII).

PNB posts net loss of Rs 4750 cr in Q4 on higher provisioning for bad loans

The bank's gross non-performing assets (NPA) declined to 15.50% by March 2019, compared to 18.38% by end of December 2018

PNB reports 7% yoy rise in Q3 profit at Rs 246.5 crore

Gross NPA for the period came in at 16.33 per cent against 12.11 per cent in the corresponding quarter of last fiscal.

Fraud-hit PNB loss widens to Rs 45.32 billion on bad loans, stock falls

The bank earned Rs 4 billion in the first half of the current financial year

PNB Q1 net up 12% at Rs 343 cr; NPAs rise on farm loan waiver

Gross NPAs stood at 13.66% in April-June period