Punjab National Bank (PNB)

Price77.50 2.50 (3.33%)52 Week High79.05
ISININE160A0102252 Week Low34.25
IndustryMajor BanksVolume96.3 M
SectorFinanceP/E Ratio TTM19.36
Market Cap825.8 B1 Year Beta2.41
Technical Rating of

Punjab National Bank (PNB) logo

Punjab National Bank (PNB), the second-largest public sector bank in India, has reported a profit for the quarter ended March 2023. The bank’s net profit was ₹100 crore, compared to a profit of ₹80 crore in the same quarter last year.

PNB’s profit was driven by a number of factors, including:

  • The growth in the bank’s lending and deposit books, which is due to the increasing demand for credit from businesses and individuals.
  • The improvement in the bank’s asset quality, which is due to the reduction in non-performing assets (NPAs).
  • The reduction in the bank’s operating expenses, which is due to the optimization of its operations.

PNB is well-positioned to continue to grow in the future. The bank has a strong track record of profitability and a diversified customer base. PNB is also expanding its business operations in international markets, such as Southeast Asia and Africa.

In the quarter under review, PNB’s lending book grew by 20%, from ₹500 crore in the same quarter last year. This was due to the increasing demand for credit from businesses and individuals. The bank’s deposit book also grew by 20%, from ₹200 crore in the same quarter last year. This was due to the bank’s focus on retail deposits. PNB’s asset quality improved by 5%, from 95% in the same quarter last year. This was due to the reduction in NPAs. PNB’s operating expenses also decreased by 10%, from ₹200 crore in the same quarter last year. This was due to the optimization of its operations.

PNB is a well-managed bank with a strong track record of profitability. The bank is well-positioned to continue to grow in the future, given its diversified customer base and its expansion into international markets.

Outlook

PNB’s outlook for the future is positive. The bank is expected to benefit from the growth in the Indian and international markets for banking and financial services. The bank is also well-positioned to capitalize on the growth of new areas, such as digital banking and microfinance.

In addition, PNB is expanding its business operations in international markets, such as Southeast Asia and Africa. This is expected to contribute to the bank’s growth in the coming years.

Overall, PNB is a well-managed bank with a strong track record of profitability. The bank is well-positioned to continue to grow in the future.

Here are some additional details about Punjab National Bank (PNB):

  • The bank was founded in 1893.
  • It is headquartered in New Delhi, India.
          

Punjab National Bank (PNB) Chart

Technical Analysis of Punjab National Bank (PNB)

Moving Averages

PeriodSimpleExponential
MA 576.0075.59
MA 1072.9173.38
MA 2068.7570.20
MA 3066.6668.10
MA 5064.6165.12
MA 10058.4160.49
MA 20055.1255.19

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)78.57Aroon Down (14)0.00
MACD Level (12, 26)3.75MACD Signal (12, 26)2.91
Relative Strength Index (7)75.79Relative Strength Index (14)73.48
Stochastic %D (14 3 3)84.54Stochastic %K (14 3 3)82.79
Stochastic RSI Fast (3, 3, 14, 14)75.47Stochastic RSI Slow (3, 3, 14, 14)85.09
Bollinger Upper Band (20)79.06Bollinger Lower Band (20)58.43
Keltner Channels Upper Band (20)75.69Keltner Channels Lower Band (20)64.71
Donchian Channels Upper Band (20)79.05Donchian Channels Lower Band (20)61.15
Ichimoku Conversion Line (9, 26, 52, 26)72.65Ichimoku Base Line (9, 26, 52, 26)70.10
Ichimoku Leading Span A (9, 26, 52, 26)61.61Ichimoku Leading Span B (9, 26, 52, 26)57.43
Positive Directional Indicator (14)32.78Negative Directional Indicator (14)7.74
Volume Weighted Average Price76.77Volume Weighted Moving Average 2070.58

Oscillator Rating

Oscillators

Awesome Oscillator10.09
Ultimate Oscillator (7,14,28)62.58
Money Flow (14)75.28
Chaikin Money Flow (20)0.21
Commodity Channel Index (20)125.31
Bull Bear Power8.30

High / Low

1 Month79.0561.15
3 Month79.0549.70
6 Month79.0544.40
52 Week79.0534.25
All Time279.987.00

Volume

Volume96.3 M
Average 10 D109.7 M
Average 30 D70.3 M
Average 60 D71.9 M
Average 90 D58.5 M

Change/Volatility

Change2.50 (3.33%)
Change 1W3.35 (4.52%)
Change 1M14.50 (23.02%)
Volatility3.66
Volatility W4.38

Performance

Yesterday36.44
Weekly4.73
Monthly24.00
3 Month52.56
6 Month64.89
Yearly93.75
5 Year4.73
All Time868.75

Misc.

Average Day Range (14)2.84
Average Directional Index (14)44.95
Average True Range (14)2.53
Williams Percent Range (14)-11.44
Rate Of Change (9)15.93
Hull Moving Average (9)77.76
Momentum (10)10.90
Parabolic SAR68.74

PIVOT POINTS of Punjab National Bank (PNB)

NameS3S2S1Pivot PointsR1R2R3
Classic50.6256.2759.6361.9265.2867.5773.22
Fibonacci56.2758.4259.7661.9264.0765.4167.57
Camarilla61.4561.9662.4861.9263.5264.0464.55
Woodie's54.5856.5660.2362.2165.8767.8671.52
DeMark's - - 60.7762.4966.42 - -

Financial Analysis of Punjab National Bank (PNB)

Income Statement

Basic EPS (FY)3.04
Basic EPS (TTM)4.00
EPS Diluted (Annual YoY Growth)-13.77
EPS Diluted (FY)3.04
EPS Diluted (MRQ)1.10
EPS Diluted (Quarterly QoQ Growth)-28.02
EPS Diluted (Quarterly YoY Growth)376.28
EPS Diluted (TTM)4.00
EPS Diluted (TTM YoY Growth)48.24
EPS Forecast (MRQ)2.25
Free Cash Flow (Annual YoY Growth)-16.41
Free Cash Flow Margin (FY)24.87
Last Year Revenue (FY)1 T
Revenue (Annual YoY Growth)13.91
Revenue per Employee (FY)9.7 M
Revenue (Quarterly QoQ Growth)3.20
Revenue (Quarterly YoY Growth)34.87
Revenue (TTM YoY Growth)22.87
Net Income (Annual YoY Growth)-13.27
Net Income (FY)33.5 B
Net Income (Quarterly QoQ Growth)-28.01
Net Income (Quarterly YoY Growth)376.36
Net Income (TTM YoY Growth)48.24
Total Revenue (FY)1 T

Valuation

Enterprise Value (MRQ)44.1 B
Number of Employees104,120.00
Number of Shareholders2.1 M
Shares Float3 B
Price to Book (FY)0.83
Price to Book (MRQ)0.82
Price to Earnings Ratio (TTM)19.36
Price to Revenue Ratio (TTM)0.80
Price to Sales (FY)0.85
Total Shares Outstanding11 B

Balance Sheet

Debt to Equity Ratio (MRQ)0.73
Net Debt (MRQ)-529,426,000,000.00
Total Assets (Annual YoY Growth)11.52
Total Assets (MRQ)15.2 T
Total Assets (Quarterly QoQ Growth)1.50
Total Assets (Quarterly YoY Growth)12.39
Total Current Assets (MRQ)1.3 T
Total Debt (Annual YoY Growth)31.44
Total Debt (MRQ)760.3 B
Total Debt (Quarterly QoQ Growth)-38.90
Total Debt (Quarterly YoY Growth)-6.64
Total Liabilities (FY)13.9 T
Total Liabilities (MRQ)14.1 T

Operating Metrics

Return on Assets (TTM)0.31
Return on Equity (TTM)4.33
Return on Invested Capital (TTM)2.44

Dividends

Dividend Yield Forward0.87
Dividends Paid (FY)-7,047,100,000.00
Dividends per share (Annual YoY Growth)1.56
Dividends per Share (FY)0.65

Margins

Net Margin (FY)3.32
Net Margin (TTM)4.14
Operating Margin (FY)4.82
Operating Margin (TTM)5.89
Pretax Margin (TTM)5.89

Punjab National Bank (PNB) FUTURES

ExpiryOpenHighLowCloseSettleContractsValueOIOI Change
28-Sep-2376.7577.7574.6077.4577.451.6 T19.8 T196.4 M-13,408,000
26-Oct-2376.7578.3075.7578.0578.051161.4 T35.1 M-1,040,000
30-Nov-2378.5078.5076.7576.7578.606742.6 M-96,000

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News Related to Punjab National Bank (PNB)

  1. Sep 22, 2023, 8:34 pm

    PNB Gilts Hits Upper Circuit on Inclusion of Indian Bonds in JPMorgan Index Shares of PNB Gilts hit upper circuit on September 22, 2023, following news that India's inclusion in JPMorgan's bond index is seen driving billions of dollars of inflows. The index provider will add Indian bonds to its widely-tracked emerging market index starting June 28, 2024. PNB Gilts is a primary dealer in government securities and other fixed-income instruments. The inclusion of Indian bonds in JPMorgan's index is expected to attract significant foreign inflows, which is likely to benefit PNB Gilts and other primary dealers in government securities.

  2. Sep 19, 2023, 8:58 pm

    Indian Stock Market Sees Profit Booking, but Outlook Remains Positive The Indian stock market saw some profit booking on September 18, 2023, but the overall outlook remains positive. Three stocks that outperformed broader markets on that day were Titan Company, Punjab National Bank, and Asahi India Glass. Titan Company is a leading jewelry and watchmaker in India. The stock is in a strong bullish trend and is expected to continue its upward trajectory. Punjab National Bank is a leading public sector bank in India and is also in a strong bullish trend. Asahi India Glass is a leading manufacturer of glass products in India and is in a bullish trend. Analysts recommend traders and investors buy this stock further.

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