Punjab National Bank has reported solid financial results for the quarter and year ended March 31, 2026. The bank achieved a standalone net profit of ₹5,225.11 crore for the final quarter and ₹16,903.99 crore for the full fiscal year. Reflecting this positive performance, the Board of Directors has recommended a dividend of ₹3.00 per equity share, representing a 150% payout on the face value of ₹2 per share.
Financial Performance Highlights
For the quarter ended March 31, 2026, Punjab National Bank posted a strong standalone net profit of ₹5,225.11 crore. On a consolidated basis, the net profit for the same period was ₹5,591.64 crore. For the entire fiscal year 2025-26, the bank recorded a consolidated net profit of ₹18,392.69 crore, showcasing robust growth and stability in its operations.
Dividend Recommendation
Recognizing the bank’s strong fiscal health, the Board of Directors has recommended a dividend of ₹3.00 per equity share for the financial year 2025-26. This dividend payout of 150% is based on the face value of ₹2 per share and remains subject to the final approval of shareholders during the upcoming 25th Annual General Meeting.
Upcoming Annual General Meeting
The bank has scheduled its 25th Annual General Meeting to be held on Saturday, June 20, 2026. The meeting will commence at 11:00 a.m. (IST) and will be conducted entirely through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), ensuring shareholder participation while maintaining digital accessibility.
Asset Quality and Operational Metrics
As of March 31, 2026, the bank has maintained a healthy capital adequacy ratio of 17.76% on a consolidated basis. Asset quality remains a key focus, with gross NPAs standing at 3.95% and net NPAs at 0.40%. The bank’s provisioning coverage ratio, including technical write-offs, has improved to 97.14%, reflecting a prudent approach to risk management and asset maintenance.
Source: BSE