Punjab National Bank
Punjab National Bank operates as a commercial bank within the Indian financial sector, generating revenue primarily through interest income and fee-based services.
Business. Punjab National Bank (PNBK.NS) is a commercial bank headquartered in India that operates within the Banking Services industry. The company generates revenue primarily through interest income, consistent with standard commercial banking activities. It is listed on the National Stock Exchange of India (NSE). Specific details regarding operating segments and geographic revenue mix are not available.
Analyst recommendations
17 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
6Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Peers
- DividendDividend USD 1.75/sh2026-09-25 · Bank of America (BAC)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · JPMorgan Chase (JPM)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · Citigroup (C)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Punjab National Bank (PNBK.NS) has experienced no material changes in its fundamental profile or market signals as of the latest analysis. A comprehensive review of 17 fields, excluding four schema-expansion fields, confirmed that the bank’s status remains consistent with prior assessments, indicating a period of stability without significant operational or financial shifts. The absence of new material developments is further underscored by the lack of active watcher signals. No specific alerts or triggers were recorded during the monitoring period, suggesting that no immediate risks or opportunities have emerged that would necessitate a revision of the bank’s current standing. Cross-source data reveals minimal media or dispatch activity over the past 30 days. Between June 25 and July 15, 2026, dispatch counts were largely zero, with only isolated instances of single dispatches on June 30 and July 3. This low volume of external communication aligns with the finding of no material change, reflecting a quiet period in public reporting or analyst commentary. The bank continues to be covered by 15 analysts, providing a baseline of professional oversight despite the current lack of new developments. With no changes in index membership, top holders, or officer counts reported, the existing analyst coverage remains the primary source of external evaluation for PNBK.NS in the absence of new material events.
Signals & dispatch
Composite-score breakdown
Synthesis
Punjab National Bank (PNBK.NS) is a commercial bank headquartered in India that operates within the Banking Services industry. The company generates revenue primarily through interest income, consistent with standard commercial banking activities. It is listed on the National Stock Exchange of India (NSE). Specific details regarding operating segments and geographic revenue mix are not available.
Punjab National Bank maintains a capital structure characterized by total assets of INR 20.33 trillion and total equity of INR 1.50 trillion. The bank reports long-term debt of INR 1.11 trillion, resulting in a debt-to-equity ratio of 0.74. Liquidity is assessed as medium, with a key flag noting that net cash is negative after subtracting total debt. Operating cash flow stands at INR 256.35 billion, while free cash flow is INR 134.27 billion, supported by capital expenditures of INR 16.25 billion.
Profitability metrics indicate a return on equity of 12.26% and a return on assets of 0.90%. The bank generated net income of INR 183.93 billion on revenue of INR 427.03 billion. Without specific cohort median data provided in the input, direct comparative analysis against sector peers is omitted, but the absolute returns reflect the bank's operational scale.
Segment and geographic revenue mix data is not present in the available input, preventing detailed analysis of revenue concentration or regional exposure. The bank's activity is broadly defined as commercial banking within the Indian market.
Historical period data for revenue and net income trends is absent from the input, limiting the ability to assess growth trajectory or year-over-year performance changes. The current financial snapshot provides a static view of the latest normalized period.
Risk assessment highlights medium liquidity risk and low dilution risk. A key flag indicates negative net cash after debt subtraction, suggesting reliance on external funding or deposit mobilization to meet obligations. Dilution risk is low, with basic and diluted shares outstanding identical at 11.49 billion shares.
Recent filing, news, and transcript observations are not provided in the input data. Competitor context lists JPMorgan Chase, Bank of America, and Citigroup, but no comparative metrics are available for these entities.
Punjab National Bank (PNBK.NS) has experienced no material changes in its fundamental profile or market signals as of the latest analysis. A comprehensive review of 17 fields, excluding four schema-expansion fields, confirmed that the bank’s status remains consistent with prior assessments, indicating a period of stability without significant operational or financial shifts. The absence of new material developments is further underscored by the lack of active watcher signals. No specific alerts or triggers were recorded during the monitoring period, suggesting that no immediate risks or opportunities have emerged that would necessitate a revision of the bank’s current standing. Cross-source data reveals minimal media or dispatch activity over the past 30 days. Between June 25 and July 15, 2026, dispatch counts were largely zero, with only isolated instances of single dispatches on June 30 and July 3. This low volume of external communication aligns with the finding of no material change, reflecting a quiet period in public reporting or analyst commentary. The bank continues to be covered by 15 analysts, providing a baseline of professional oversight despite the current lack of new developments. With no changes in index membership, top holders, or officer counts reported, the existing analyst coverage remains the primary source of external evaluation for PNBK.NS in the absence of new material events.
- Punjab National Bank reports total assets of INR 20.33 trillion with a return on equity of 12.26%.
- The bank generates INR 183.93 billion in net income on INR 427.03 billion in revenue.
- Liquidity risk is rated medium, with a flag for negative net cash after debt subtraction.
- Dilution risk is low, as basic and diluted share counts are identical at 11.49 billion.
- Free cash flow is INR 134.27 billion, derived from operating cash flow of INR 256.35 billion.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 15,47 |
| Revenue | —no estimate | —no estimate | 642,1B INR |
| Operating income | —no estimate | —no estimate | 289,2B INR |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · Restricted Stock Units → Common StockAcquired 88 496grant · 2026-07-29
- Director · Restricted Stock Units → Common StockAcquired 88 496grant · 2026-07-29
- Director · Restricted Stock Units → Common StockAcquired 66 372grant · 2026-07-29
- Director · Restricted Stock Units → Common StockAcquired 88 496grant · 2026-07-29
- Director · Restricted Stock Units → Common StockDisposed 133 333exercise · 2026-07-01
- Director · Restricted Stock Units → Common StockDisposed 22 222exercise · 2026-07-01
- Director · Restricted Stock Units → Common StockDisposed 22 222exercise · 2026-07-01
- Director · Restricted Stock Units → Common StockDisposed 12 575exercise · 2026-07-01
- Director · Restricted Stock Units → Common StockDisposed 22 222exercise · 2026-07-01
- Director, President and CEO · Restricted Stock Units → Voting Common StockDisposed 552 927exercise · 2026-07-01
- Director, President and CEO · Restricted Stock Units → Voting Common StockAcquired —grant · 2026-05-20
- EVP & Chief Credit Officer · Restricted Stock Units → Common StockAcquired 74 983grant · 2026-05-20
- Director, EVP & Chief Financial Officer · Restricted Stock Units → Common StockAcquired 74 983grant · 2026-05-20
- Director, President and CEO · Restricted Stock Units → Voting Common StockAcquired 575grant · 2026-05-20
- Director, EVP & Chief Financial Officer · Restricted Stock Units → Common StockAcquired 333 333exercise · 2026-04-30
- EVP & Chief Risk Officer · Restricted Stock Units → Common StockAcquired 150 000exercise · 2026-04-30
- EVP & Chief Credit Officer · Restricted Stock Units → Common StockAcquired 333 333exercise · 2026-04-30
- Director, President and CEO · Restricted Stock Units → Voting Common StockAcquired 4 049 593exercise · 2026-03-25
- Director, President and CEO · Restricted Stock Units → Voting Common StockAcquired 1 147 031grant · 2025-10-20
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Assetsnet_income / total_assets
- Return On Equitynet_income / total_equity
- Punjab National Bank Market data — financials · 2026-07-11
Ownership & reference
Insider activity
- Director, President and CEO · Voting Common StockOther 303 861 @ $1,20$365K · 2026-07-01
- Director · Common StockOther 22 222 · 2026-07-01
- Director · Common StockOther 22 222 · 2026-07-01
- Director · Common StockOther 133 333 · 2026-07-01
- Director · Common StockOther 12 575 · 2026-07-01
- Director · Common StockOther 22 222 · 2026-07-01
- Director, President and CEO · Voting Common StockOther 552 927 · 2026-07-01
- Director · Common StockBought 85 000 @ $0,96$82K · 2026-05-27
- Director · Common StockBought 87 719 @ $1,15$101K · 2026-05-20
- EVP & Chief Risk Officer · Common StockOther 150 000 · 2026-04-30
- Director, EVP & Chief Financial Officer · Common StockOther 333 333 · 2026-04-30
- Director, EVP & Chief Financial Officer · Common StockOther 121 776 @ $1,23$150K · 2026-04-30
- EVP & Chief Credit Officer · Common StockOther 333 333 · 2026-04-30
- EVP & Chief Credit Officer · Common StockOther 121 776 @ $1,23$150K · 2026-04-30
- EVP & Chief Risk Officer · Common StockOther 56 718 @ $1,23$70K · 2026-04-30
- Director, President and CEO · Voting Common StockOther 2 089 043 · 2026-03-25
- Director · Common StockBought 400 · 2026-03-03
- Director, President and CEO · Non-Voting Common StockOther 2 000 000 · 2025-10-16
- Director, President and CEO · Voting Common StockOther 2 000 000 · 2025-10-16
- Director · Common StockBought 500 · 2025-08-19
- EVP & Chief Credit Officer · Common StockOther 1 000 000 · 2025-08-13
- Director, President · Common StockOther 552 927 · 2025-08-13
- EVP & Chief Risk Officer · Common StockOther 450 000 · 2025-08-07
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Debt-to-equity (FY 2025-12-31): 10.49xDerived (calculated)
- Return on assets (FY 2025-12-31): -1.2%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): 68.1%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 7.5%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -1.5%Derived (calculated)
- Return on equity (FY 2025-12-31): -13.4%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): -50.3%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -628.1%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 98.3%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 98.3%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 212.7%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 2,119.9%Derived (calculated)
- Shareholders' equity (annual): USD 94.68MSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES -0SEC XBRL filing
- Total assets (annual): USD 1.09BSEC XBRL filing
- Long-term debt (annual): USD 16.45MSEC XBRL filing
- Net income (annual): USD -12.71MSEC XBRL filing
- Pre-tax income (annual): USD -12.65MSEC XBRL filing
- Operating cash flow (annual): USD -14.17MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -0SEC XBRL filing
- Capex (annual): USD 172KSEC XBRL filing
- Total liabilities (annual): USD 993.16MSEC XBRL filing
- Shares outstanding (annual): 115MSEC XBRL filing
- Operating cash flow (YoY) (2024-12-31 vs 2023-12-31): 125.0%Derived (calculated)