PSU Bank Stock Reports Q4FY26 Results; Net Profit Rises 14% YoY, Dividend Declared

The Indian equity markets ended lower on Tuesday, with the benchmark Nifty 50 index closing down by 0.36 per cent at 24,032.80. Amid the broader weakness in frontline indices, PSU Banking stocks remained in focus after quarterly earnings announcements. In this segment, Punjab National Bank witnessed mild selling pressure after declaring its Q4FY26 and FY26 standalone financial results. Punjab National Bank's share price closed lower by 0.73 per cent at Rs 107.89 on Tuesday.

Punjab National Bank Q4FY26 Results

Punjab National Bank reported standalone total income of Rs 36,318.70 crore in Q4FY26 as against Rs 36,705.35 crore in Q4FY25, witnessing a marginal decline of 1.1 per cent YoY.

Interest earned during the March quarter stood at Rs 32,156.72 crore compared with Rs 31,989.46 crore in the corresponding quarter previous year, while other income came in at Rs 4,161.98 crore as against Rs 4,715.89 crore reported in Q4FY25.

Net profit for Q4FY26 stood at Rs 5,225.11 crore as against Rs 4,567.00 crore reported in Q4FY25, reflecting a growth of 14.4 per cent YoY. Basic earnings per share stood at Rs 4.55 compared with Rs 3.97 in the corresponding quarter previous year.

Punjab National Bank FY26 Annual Performance

For the financial year ended March 31, 2026, Punjab National Bank reported standalone total income of Rs 1,47,017.16 crore as against Rs 1,38,070.10 crore in FY25, registering a growth of 6.5 per cent YoY.

Punjab National Bank reported net profit of Rs 16,903.99 crore in FY26 as compared with Rs 16,630.20 crore in FY25, registering a growth of 1.6 per cent YoY. Basic earnings per share for the full year stood at Rs 14.71 versus Rs 14.47 reported in FY25.

Asset Quality and Balance Sheet Highlights

Punjab National Bank continued to report improvement in asset quality during the year. Gross NPA ratio declined to 3.19 per cent as on March 31, 2026 from 4.09 per cent as on March 31, 2025, while Net NPA ratio improved sharply to 0.32 per cent from 0.41 per cent.

Provision Coverage Ratio including technical write-offs stood at 97.14 per cent as of March 31, 2026. Return on Assets improved to 1.06 per cent during FY26.

On the balance sheet front, total business remained strong with deposits rising to Rs 17,24,795.42 crore, while advances stood at Rs 11,71,126.33 crore as on March 31, 2026. The bank’s net worth increased to Rs 1,69,784.71 crore during the year.

Dividend Announcement

The Board of Directors has recommended a dividend of Rs 3.00 per equity share of face value Rs 2 each for FY26, subject to shareholder approval at the ensuing Annual General Meeting.

About Punjab National Bank

Punjab National Bank is one of India’s largest public sector banks with a nationwide banking franchise across retail, corporate, MSME, agriculture and treasury operations. The bank offers a diversified portfolio of deposits, loans, digital banking services, transaction banking, forex services and wealth solutions through an extensive branch and ATM network across India and overseas markets.

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Disclaimer: This article is for informational purposes only and not investment advice.