PNB Share Price Today: Punjab National Bank Stock Jumps Post Q4 Result, Bumper Dividend | Buy or Sell?

PNB Share Price Today: Shares of Punjab National Bank (PNB) surged on Wednesday, May 6, after the state-owned lender reported 14% jump in the fourth quarter results for the financial year 2025-26. PNB also announced a dividend for FY26.

PNB share price was trading 1.02% higher at Rs 109 per share on BSE with a market capitalisation of Rs 1,25,502.94 crore. The stock had touched an intraday high of Rs 111.75 per share and an intraday low of Rs 108.85 per share.

PNB Share Price Today:  Punjab National Bank Stock Jumps Post Q4 Result

PNB Q4 Result Review

Punjab National Bank (PNB) outperformed expectations in terms of net profit in Q4FY26, as per the Motilal Oswal report. PNB Q4 result was a mixed quarter with earnings led by controlled provisions and opex; however, margins declined by 5 bp QoQ. The PSU's provisions came in lower, aided by a reversal of standard provisions, while opex was lower due to a reversal in AS-15-related expenses.

PNB Share Price Recommendation

Motilal Oswal maintained a 'Buy' rating with PNB stock with a target price of Rs 135 per share. "The bank guided for RoA of >1% for FY27, while credit cost is guided at

PNB Dividend

Punjab National Bank's board of directors, on Tuesday, recommended a dividend of Rs 3 per equity share with a face value of Rs 2 each. "Recommended Dividend of Rs. 3.00 per equity share (150%) of face value of Rs.2/- each for FY 2025-26, subject to approval of the shareholders at the ensuing Annual General Meeting of the Bank," read a BSE filing released by the bank earlier in the day.

PNB Q4 Result

Punjab National Bank reported its net profit at Rs 5,225 crore in Q4FY26, which is 14.4% higher than Q4FY25 profit. The PSU lender's net interest income (NII) declined close to 3.5% on an annual basis to Rs 10,380 crore from Rs 10,757 crore in the year-ago period.PNB's operating profit stood at Rs 29,290 crore in FY26, as it registered an annual growth of 9.2%. PNB's operating profit in Q4FY26 increased by 10.7% to Rs 7,500 crore in Q4FY26 as against Rs 6,776 crore in Q4FY25.

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