Punjab National Bank (BSE:532461) - Stock Price, News & Analysis

532461 Stock Overview

Punjab National Bank provides various banking and financial products and services in India.

532461 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	5/6
Financial Health	4/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (18.6x) is below the Indian market (30.5x)

Earnings are forecast to grow 33.63% per year

Earnings grew by 318.6% over the past year

Risk Analysis

Unstable dividend track record

Punjab National Bank Competitors

Indian Overseas Bank

NSEI:IOB

₹1.2t

Bank of Baroda

NSEI:BANKBARODA

₹1.3t

Canara Bank

NSEI:CANBK

₹1.1t

IndusInd Bank

NSEI:INDUSINDBK

₹1.2t

Price History & Performance

Summary of all time highs, changes and price drops for Punjab National Bank
Historical stock prices
Current Share Price	₹128.20
52 Week High	₹138.30
52 Week Low	₹47.85
Beta	0.90
1 Month Change	6.79%
3 Month Change	30.21%
1 Year Change	164.33%
3 Year Change	280.42%
5 Year Change	45.02%
Change since IPO	1,271.12%

Recent updates

Shareholder Returns

	532461	IN Banks	IN Market
7D	-5.9%	-2.3%	-1.5%
1Y	164.3%	21.6%	45.0%

Return vs Industry: 532461 exceeded the Indian Banks industry which returned 21.6% over the past year.

Return vs Market: 532461 exceeded the Indian Market which returned 45% over the past year.

Price Volatility

Is 532461's price volatile compared to industry and market?
532461 volatility
532461 Average Weekly Movement	5.8%
Banks Industry Average Movement	5.5%
Market Average Movement	6.9%
10% most volatile stocks in IN Market	10.1%
10% least volatile stocks in IN Market	4.2%

Stable Share Price: 532461's share price has been volatile over the past 3 months.

Volatility Over Time: 532461's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1895	104,120	Atul Goel	www.pnbindia.in

Punjab National Bank provides various banking and financial products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers personal banking products and services, including saving fund accounts, current accounts, fixed deposit, and capital gain account and gold monetization schemes; housing, vehicle, education, personal, and mortgage loans; and cards.

Punjab National Bank Fundamentals Summary

How do Punjab National Bank's earnings and revenue compare to its market cap?
532461 fundamental statistics
Market cap	₹1.42t
Earnings (TTM)	₹76.29b
Revenue (TTM)	₹368.72b

18.6x

P/E Ratio

1.3x

P/B Ratio

Is 532461 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
532461 income statement (TTM)
Revenue	₹368.72b
Cost of Revenue	₹0
Gross Profit	₹368.72b
Other Expenses	₹292.43b
Earnings	₹76.29b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	6.93
Gross Margin	100.00%
Net Profit Margin	20.69%
Debt/Equity Ratio	76.2%

How did 532461 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

21%

Payout Ratio

532461 Stock Overview

Rewards

Risk Analysis

Punjab National Bank Competitors

NSEI:IOB

₹1.2t

NSEI:BANKBARODA

₹1.3t

NSEI:CANBK

₹1.1t

NSEI:INDUSINDBK

₹1.2t

Price History & Performance

Recent News & Updates

Punjab National Bank Appoints Amresh Prasad as Chief General Manager

National Asset Reconstruction Company Reportedly Offer INR 7.11 Billion to Acquire the Debt of Entertainment City Pegs Recovery at 95%

Investor sentiment improves as stock rises 20%

Price target increased by 7.9% to ₹90.00

Third quarter 2024 earnings released: EPS: ₹2.21 (vs ₹0.64 in 3Q 2023)

Punjab National Bank to Report Q3, 2024 Results on Jan 25, 2024

Recent updates

Punjab National Bank Appoints Amresh Prasad as Chief General Manager

National Asset Reconstruction Company Reportedly Offer INR 7.11 Billion to Acquire the Debt of Entertainment City Pegs Recovery at 95%

Investor sentiment improves as stock rises 20%

Price target increased by 7.9% to ₹90.00

Third quarter 2024 earnings released: EPS: ₹2.21 (vs ₹0.64 in 3Q 2023)

Punjab National Bank to Report Q3, 2024 Results on Jan 25, 2024

Price target increased by 9.8% to ₹73.88

Second quarter 2024 earnings released: EPS: ₹1.81 (vs ₹0.44 in 2Q 2023)

Punjab National Bank to Report Q2, 2024 Results on Oct 26, 2023

Price target increased by 10% to ₹67.43

Punjab National Bank Announces Change in Management

Punjab National Bank Announces Change in Management

Punjab National Bank Elects Priyank Sharma, Shri Jatinder Singh Bajaj and Shri Kartar Singh as Director

Investor sentiment improves as stock rises 15%

Price target increased by 7.6% to ₹57.79

First quarter 2024 earnings released: EPS: ₹1.22 (vs ₹0.26 in 1Q 2023)

Punjab National Bank to Report Q1, 2024 Results on Jul 26, 2023

Punjab National Bank Announces Cessation of Anil Kumar Misra as Director on the Board

PSBs Reportedly Shelve Deal to Sell Drug Company Loans to NARCL

Investor sentiment improves as stock rises 16%

Punjab National Bank, Life Insurance Corporation of India, State Bank of India, and Bank of Baroda Reportedly Look to Seek Bids for UTI Asset Management Company Stake

Upcoming dividend of ₹0.65 per share at 1.3% yield

Punjab National Bank Appoints Amit Srivastava as the Group Chief Risk Officer of the Bank

Full year 2023 earnings released: EPS: ₹3.04 (vs ₹3.53 in FY 2022)

Punjab National Bank, Annual General Meeting, Jun 30, 2023

Punjab National Bank to Report Q4, 2023 Results on May 19, 2023

Price target increased by 8.0% to ₹52.50

Price target increased by 8.5% to ₹48.62

Third quarter 2023 earnings released: EPS: ₹0.64 (vs ₹1.14 in 3Q 2022)

Punjab National Bank to Report Q3, 2023 Results on Jan 30, 2023

Price target increased to ₹45.13

Tata Reportedly in Talks to Buy Majority Stake in UTI AMC from 4 PSU Finance Entities

Price target increased to ₹42.07

Punjab National Bank Appoints M. Paramasivam as Executive Director, Effective December 1, 2022

Price target increased to ₹37.60

Less than half of directors are independent

Punjab National Bank Appoints K.G. Ananthakrishnan as Part-Time Non-Official Director as Well As Non-Executive Chairman on the Board

Price target increased to ₹37.60

Second quarter 2023 earnings released: EPS: ₹0.44 (vs ₹1.00 in 2Q 2022)

Punjab National Bank to Report Q2, 2023 Results on Nov 01, 2022

An undisclosed buyer agreed to acquire 10.01% stake in Asset Reconstruction Company (India) Limited from Punjab National Bank (BSE:532461).

Aditya Birla Sun Life AMC Joins Race to Acquire Stake in UTI AMC

First quarter 2023 earnings released: EPS: ₹0.26 (vs ₹1.09 in 1Q 2022)

Punjab National Bank to Report Q1, 2023 Results on Jul 28, 2022

Upcoming dividend of ₹0.64 per share

Punjab National Bank Announces Cessation of Swarup Kumar Saha as Executive Director of the Bank

Punjab National Bank, Annual General Meeting, Jun 30, 2022

Full year 2022 earnings released: EPS: ₹3.53 (vs ₹2.64 in FY 2021)

Punjab National Bank Recommends Dividend for the Year 2022

Punjab National Bank to Report Q4, 2022 Results on May 11, 2022

Punjab National Bank Nominates Pankaj Sharma as Director

Punjab National Bank Announces Appointment of Anil Kumar Misra as Director

Investor sentiment deteriorated over the past week

HSBC Insurance (Asia Pacific) Holdings Limited intends to acquire a 23% stake in Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited from Punjab National Bank (BSE:532461).

Shri Atul Kumar Goel Assumes as the Chief Executive Officer of Punjab National Bank

Punjab National Bank Provides Earnings Guidance for the Year 2022

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released: EPS ₹1.00 (vs ₹0.61 in 2Q 2021)

Non-Executive Independent Shareholder Director Asha Bhandarker has left the company