On July 18, 2026, Punjab National Bank (PNB) reported its financial results for the quarter ended June 30, 2026, showing a 191.4% year-on-year (YoY) increase in net profit to ₹5,339.15 crore.
The total income rose 2.9% quarter-on-quarter (QoQ) to ₹37,953.75 crore, despite a slight 0.1% YoY decline as per the exchange filings.
PNB's consolidated total income for the June 2026 quarter stood at ₹37,953.75 crore, marking a 2.9% increase from ₹36,878.02 crore in the March 2026 quarter.
However, this represented a slight 0.1% decline from ₹37,998.84 crore a year ago.
The bank's net profit surged 191.4% YoY to ₹5,339.15 crore, up from ₹1,832.22 crore in the previous year, and increased 2.2% QoQ from ₹5,225.12 crore in March 2026.
By June 2026, PNB expanded its global business to ₹29.98 lakh crore. Total deposits grew by 8.5% to ₹17.24 lakh crore, while global advances increased by 12.7% to ₹12,73,132 crore.
Vehicle loans saw a 34.4% rise, and MSME advances grew by 19.8%, contributing to the overall growth in the lending portfolio.
The bank achieved a reduction in its gross non-performing asset (NPA) ratio, which decreased by 100 basis points YoY to 2.78%.
Gross bad loans reduced by ₹7,292 crore to ₹35,381 crore. Net NPAs improved to 0.28%, indicating a more stable credit environment.
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PNB's digital transactions increased by 24% YoY, reaching 365 crore transactions. The PNB One mobile app expanded to 270 lakh active users, and WhatsApp banking users doubled to 140 lakh.
The bank enhanced its security measures through Project Sentinel to combat fraudulent activities.
As of July 17, 2026, at 3:30 PM, Punjab National Bank share price on NSE was closed at ₹105.77, up by 0.52% from the previous closing price.
Punjab National Bank's financial performance for the June 2026 quarter showed a 191.4% YoY increase in net profit to ₹5,339.15 crore. Total income rose 2.9% QoQ to ₹37,953.75 crore. The bank's asset quality improved, with gross NPAs reducing by ₹7,292 crore to ₹35,381 crore.
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Published on: Jul 18, 2026, 2:11 PM IST
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