Punjab National Bank Share Price Target 2025, 2026, 2027 to 2030: We’ll analyze Punjab National Bank’s (PNB) share targets for 2025, 2026, 2027, and 2030. As a leading public sector bank in India, PNB is positioned to benefit from the country’s growing banking sector, supported by government backing and a strong retail and corporate banking portfolio. With ongoing digital transformation and improved asset quality, PNB is set for steady growth in the coming years.
Overview of Punjab National Bank (PNB)
What is Punjab National Bank (PNB)?
Punjab National Bank (PNB) is an Indian government-owned public sector bank, headquartered in New Delhi. Founded in 1894 by Dyal Singh Majithia in Lahore, Pakistan, PNB is the second-largest public sector bank in India by business volume. The bank provides a wide range of banking services, including retail, corporate, and international banking, and operates a vast network of branches and ATMs across the country. With a strong focus on customer service and financial inclusion, PNB plays a crucial role in India’s banking sector.
Key Features of Punjab National Bank (PNB):
- Business Model: PNB operates as a public sector bank offering a wide range of banking products and services, including loans, savings, investment, and digital banking.
- Core Offerings: The bank provides retail banking, corporate banking, and international banking services, along with specialized offerings like housing finance.
- Clientele: PNB serves over 180 million customers, including individuals, businesses, and government institutions.
- Market Position: As the second-largest public sector bank in India, PNB holds a strong market position, with extensive reach across the country through its branches and ATMs.
Information about Punjab National Bank (PNB)
| Information | Details |
|---|---|
| Website | www.pnbindia.in |
| Operator | Punjab National Bank |
| Founded | 19 May 1894, Lahore, Pakistan |
| Headquarters | New Delhi, India |
| Number of Employees | 102,349 (2024) |
| Branches | 12,248 |
| ATMs | 13,000+ |
| CEO | Atul Kumar Goel (Feb 2022–present) |
| Founder | Dyal Singh Majithia |
| Subsidiaries | Punjab National Bank Housing Finance |
| Key Focus Areas | Retail banking, corporate banking, international banking, financial inclusion |
Current Market Overview of Punjab National Bank (PNB) Share
As of November 2024, Punjab National Bank (PNB) share has shown a mixed performance. It is down by -0.90% today, with a decline of -6.44% over the past five days. Over the past month, the share has fallen by -5.10%, and it has decreased by -20.76% over the past six months. Year-to-date, the share has grown by +1.89%, and over the past year, it has risen by +26.22%. Over the past five years, the share has increased by +60.99%, with a substantial rise of +1,232.22% in all-time performance.
Punjab National Bank (PNB) Share Fundamental Data
- Open: ₹99.50
- High / Low: ₹143.00 / ₹75.60
- Market Cap: ₹1,14,377 Crore
- P/E Ratio: 7.91
- Book Value: ₹100
- Dividend Yield: 1.51%
- ROCE: 5.46%
- ROE: 8.54%
- Face Value: ₹2.00
The Market Position of Punjab National Bank (PNB) Share as of November 2024
| Time Period | Returns of PNB Share |
|---|---|
| Today | -0.91 (-0.90%) |
| Past 5 Days | -6.86 (-6.44%) |
| Past 1 Month | -5.36 (-5.10%) |
| Past 6 Months | -26.10 (-20.76%) |
| Year to Date | +1.85 (+1.89%) |
| Past 1 Year | +20.70 (+26.22%) |
| Past 5 Years | +37.75 (+60.99%) |
| All Time | +92.17 (+1,232.22%) |
Punjab National Bank (PNB) Share Price Target in 2024, 2025, 2026, 2027, 2028, 2029, 2030
Punjab National Bank Share Price Target in 2024
The share price target for Punjab National Bank (PNB) in 2024 is projected to range from ₹94 in January to ₹107 in December, reflecting moderate growth throughout the year.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹94 | ₹107 |
Punjab National Bank Share Price Target in 2025
For 2025, Punjab National Bank’s share price target is expected to increase gradually, with a range from ₹108 in January to ₹119 in December, driven by steady market conditions.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹108 | ₹119 |
Punjab National Bank Share Price Target in 2026
In 2026, Punjab National Bank’s share price target is projected to rise from ₹120 in January to ₹131 in December, reflecting consistent growth in the banking sector.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹120 | ₹131 |
Punjab National Bank Share Price Target in 2027
For 2027, the share price target for Punjab National Bank is expected to range from ₹111 in January to ₹128 in December, reflecting steady improvement in the bank’s performance.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹111 | ₹128 |
Punjab National Bank Share Price Target in 2028
In 2028, Punjab National Bank’s share price is projected to grow from ₹129 in January to ₹139 in November, reflecting increasing stability and market confidence.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹129 | ₹139 |
Punjab National Bank Share Price Target in 2029
For 2029, Punjab National Bank’s share price target is expected to reach between ₹140 in January and ₹146 in December, indicating steady upward movement.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹140 | ₹146 |
Punjab National Bank Share Price Target in 2030
In 2030, the share price target for Punjab National Bank is expected to reach a range from ₹147 in January to ₹166 in December, reflecting strong growth prospects for the bank.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹147 | ₹166 |
Financial Health and Performance Analysis of Punjab National Bank (FY 2020 – FY 2024)
FY 2024
| Metric | FY 2024 | Y/Y Growth |
|---|---|---|
| Total Income | ₹1,22,394.01 Cr | +23.52% |
| Provisions & Contingencies | ₹16,721.96 Cr | -15.81% |
| Profit after Tax (PAT) | ₹9,107.20 Cr | +171.36% |
| Net Interest Margin (NIM) | 2.53% | +0.19% |
| Net Profit Margin | 8.35% | +4.50% |
| Basic EPS (₹) | ₹8.27 | +171.36% |
FY 2023
| Metric | FY 2023 | Y/Y Growth |
|---|---|---|
| Total Income | ₹99,084.88 Cr | +12.16% |
| Provisions & Contingencies | ₹19,862.87 Cr | +14.49% |
| Profit after Tax (PAT) | ₹3,348.45 Cr | -16.50% |
| Net Interest Margin (NIM) | 2.34% | +0.15% |
| Net Profit Margin | 3.85% | -1.21% |
| Basic EPS (₹) | ₹3.04 | -14.00% |
FY 2022
| Metric | FY 2022 | Y/Y Growth |
|---|---|---|
| Total Income | ₹88,339.49 Cr | -7.00% |
| Provisions & Contingencies | ₹17,349.68 Cr | -19.37% |
| Profit after Tax (PAT) | ₹3,860.74 Cr | +70.78% |
| Net Interest Margin (NIM) | 2.19% | -0.23% |
| Net Profit Margin | 5.06% | +1.94% |
| Basic EPS (₹) | ₹3.53 | +33.80% |
FY 2021
| Metric | FY 2021 | Y/Y Growth |
|---|---|---|
| Total Income | ₹94,990.85 Cr | +47.72% |
| Provisions & Contingencies | ₹21,518.07 Cr | +45.44% |
| Profit after Tax (PAT) | ₹2,561.97 Cr | +492.40% |
| Net Interest Margin (NIM) | 2.42% | +0.32% |
| Net Profit Margin | 3.12% | +0.31% |
| Basic EPS (₹) | ₹2.64 | +0.00% |
FY 2020
| Metric | FY 2020 | Y/Y Growth |
|---|---|---|
| Total Income | ₹64,306.13 Cr | +8.05% |
| Provisions & Contingencies | ₹14,794.83 Cr | -36.22% |
| Profit after Tax (PAT) | ₹438.45 Cr | – |
| Net Interest Margin (NIM) | 2.10% | – |
| Net Profit Margin | 0.79% | – |
| Basic EPS (₹) | ₹0.80 | – |
Analysis Summary:
- Total Income: Punjab National Bank (PNB) has shown consistent growth in total income, with a notable increase of 23.52% in FY 2024, after a dip of -7.00% in FY 2022.
- Provisions & Contingencies: Provisions decreased by 15.81% in FY 2024, reversing the positive growth seen in FY 2023. However, the provisions in FY 2021 saw a significant increase due to higher provisioning requirements.
- Profit After Tax (PAT): The bank experienced a dramatic jump in PAT by 171.36% in FY 2024, following a sharp fall of -16.50% in FY 2023. The growth in PAT from ₹438.45 Cr in FY 2020 to ₹9,107.20 Cr in FY 2024 is a remarkable achievement.
- Net Interest Margin: The NIM increased to 2.53% in FY 2024, showing improvement from 2.34% in FY 2023, which indicates better lending efficiency and profitability.
- Net Profit Margin: The net profit margin increased significantly to 8.35% in FY 2024 from 0.79% in FY 2020, reflecting improved profitability.
- Basic EPS: The Basic EPS saw an incredible rise of 171.36% in FY 2024, reaching ₹8.27 compared to ₹0.80 in FY 2020, signaling strong earnings growth.
How to Buy Punjab National Bank Shares:
- Choose a Broker: Select a reliable brokerage platform that offers PNB shares.
- Open a Trading Account: Set up a trading and Demat account to facilitate transactions.
- Complete KYC: Submit necessary documents for identification and address verification.
- Deposit Funds: Fund your trading account with the required amount.
- Search for Shares: Locate Punjab National Bank shares on your broker’s platform.
- Place an Order: Specify the quantity of shares and the type of order (market or limit).
- Confirm Purchase: Review your order details and confirm the purchase.
- Monitor Investment: Keep track of your investment and adjust your portfolio as necessary.
Punjab National Bank Share Price Forecast for the Next 5 Years
Punjab National Bank’s share price is expected to experience consistent growth over the next five years. This growth will be supported by the bank’s solid fundamentals, strategic government support, ongoing digital transformation, and efforts to expand its retail and rural customer base. As the banking sector in India continues to recover, PNB is well-positioned to capitalize on this momentum, improving its market share and profitability.
Yearly Share Price Forecast:
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹94 | ₹107 |
| 2025 | ₹108 | ₹119 |
| 2026 | ₹120 | ₹131 |
| 2027 | ₹111 | ₹128 |
| 2028 | ₹129 | ₹139 |
Shareholding Pattern of Punjab National Bank
- Promoters:
- Percentage: 70.08%
- % Change QoQ: -3.07%
- Foreign Institutional Investors (FII):
- Percentage: 8.42%
- % Change QoQ: +2.91%
- Domestic Institutional Investors (DII):
- Percentage: 11.52%
- % Change QoQ: +0.84%
- Mutual Funds (MF):
- Percentage: 2.87%
- % Change QoQ: +0.96%
- Others:
- Percentage: 9.98%
- % Change QoQ: -0.68%
Pros and Cons of Punjab National Bank
Pros
- Valuation: Stock trading at 0.99 times book value.
- Profit Growth: 24.2% CAGR over the last 5 years.
- Dividend: Healthy payout of 19.2%.
- Efficiency: Reduced working capital requirements from 61.2 to 26.3 days.
Cons
- Interest Coverage: Low ratio, indicating potential challenges in meeting interest obligations.
- Promoter Holding: Decreased by 3.07% in the last quarter.
- ROE: Low return on equity of 5.40%.
- Contingent Liabilities: ₹2,60,559 crore.
- Capitalization of Interest: Possible inflation of profits through interest cost capitalization.
Peer Comparison of Punjab National Bank: Banks – Public Sector
| Name | CMP Rs. | Market Cap Rs. Cr |
|---|---|---|
| State Bank of India | 804.25 | 718028.95 |
| Bank of Baroda | 241.50 | 124862.73 |
| Punjab National Bank | 99.49 | 114377.42 |
| Indian Overseas Bank | 49.55 | 93756.50 |
| Canara Bank | 97.49 | 88411.79 |
| Union Bank of India | 113.90 | 86879.16 |
| Indian Bank | 536.95 | 72318.54 |
FAQs:
- How can I track my Punjab National Bank investment?
Investors can track their PNB shares through their stock broker’s platform or by checking the stock exchange website for real-time updates. - Can I buy PNB shares online?
Yes, PNB shares can be purchased online through various stock broking platforms or mobile trading apps. - What is Punjab National Bank?
Punjab National Bank (PNB) is one of India’s largest public sector banks, providing a range of banking services including savings accounts, loans, and insurance. - How to buy PNB shares?
PNB shares can be bought through stock brokers or online trading platforms. Investors need to open a Demat account with a registered broker. - Is Punjab National Bank a government company?
Yes, PNB is a government-owned public sector bank, listed on major stock exchanges in India.
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