Archive · 20 Jul 2026
PNB Shares Surge 4.16% on 214% Profit Jump
Punjab National Bank's shares went up by 4.16% to Rs 110.17 because the bank made a lot more profit in the first three months of 2026.
The profit increased by 214% compared to the same time last year.
The bank also made more money from interest and had fewer bad loans.
Investors were happy because the bank is doing better financially, but the share price is still not as high as it was in the last year.
PNB shares rose 4.16% to Rs 110.17 after Q1 profit jumped 214%.
Net profit for June 2026 quarter was Rs 5,253 crore, up from Rs 1,675 crore last year.
Net interest income increased 2% year-on-year to Rs 10,798 crore.
Operating profit grew 6% while operating expenses fell 13% year-on-year.
Gross non-performing assets decreased to 2.78% from 2.95% in the previous quarter.
- Who
- Punjab National Bank (PNB)
- What
- Share price increased by 4.16% due to a 214% jump in Q1 profit
- When
- June 2026 quarter
- Where
- Mumbai, India
- Why
- Improved earnings, controlled costs, and better asset quality
- Share Price
- Rs 110.17
- Profit Increase
- 214%
- Net Profit
- Rs 5,253 crore
- Net Interest Income
- Rs 10,798 crore
- Gross NPA
- 2.78%
- Net NPA
- 0.28%
- Market Capitalization
- Rs 1.27 lakh crore
- 52-Week Range
- Rs 98.50 - Rs 135.15