Punjab National Bank (PNB) has announced strong financial results for the fiscal year ended 31st March 2026. The bank recorded a net profit of ₹16,904 crore for the full year, with a significant 14.4% year-on-year growth in the final quarter. Key metrics, including return on assets and asset quality ratios, have shown consistent improvement, underscoring the bank’s robust operational performance and strong capital adequacy position throughout the year.
Fiscal Year Financial Highlights
For the financial year 2026, Punjab National Bank reported a net profit of ₹16,904 crore, reflecting a year-on-year growth of 1.6%. The performance was particularly strong in the fourth quarter (Jan-Mar 2026), where the bank posted a net profit of ₹5,225 crore, marking a 14.4% increase compared to the same period in the previous year. Operating profit for the full year reached ₹29,290 crore, a 9.2% growth over FY25.
Asset Quality and Capital Strength
The bank achieved significant improvements in asset quality indicators as of 31st March 2026. The Gross Non-Performing Assets (GNPA) ratio improved by 100 basis points to 2.95%, while the Net Non-Performing Assets (NNPA) ratio saw an improvement of 11 basis points to 0.29%. Furthermore, the bank’s Capital to Risk-Weighted Assets Ratio (CRAR) strengthened to 17.74%, reflecting an increase of 73 basis points year-on-year.
Business Growth and Digital Transformation
Global business expanded by 10.7% to reach ₹29.70 lakh crore. Growth was supported by an 12.7% increase in global advances and a 9.2% rise in global deposits. The bank also reported strong digital progress, with PNB One activated users reaching 260 lakh. Digital transactions now account for 95.16% of total bank transactions as of Q4 FY26, highlighting the success of the bank’s technology-driven initiatives.
Expanded Reach
As of 31st March 2026, the bank operates a vast network of 10,324 domestic branches, with 63.4% of these located in rural and semi-urban regions, reinforcing its commitment to inclusive banking across India. The total distribution network, including ATMs and business correspondents, now comprises 54,703 touch points.
Source: BSE
