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PNB Q4 updates: Global business rises 11% YoY to Rs 29.72 lakh crore; advances jump 13%


State-lender Punjab National Bank (PNB) on Thursday announced an 11% growth in its global business for the quarter ending March at Rs 29.72 lakh crore compared to Rs 26.83 lakh crore in the year ago period. In this, the domestic business rose nearly 10% in Q4FY26 to Rs 28.45 lakh crore versus Rs 25.77 lakh crore.

The PSU bank’s global business witnessed a 2.8% uptick sequentially from Rs 28.91 lakh crore in the October-December quarter. Meanwhile, domestic business reported a 3% quarter-on-quarter growth versus Rs 27.64 lakh crore in Q3FY26.

Q4 deposits

Global deposits rose 9.25% YoY and 3.08% QoQ to Rs 17.11 lakh crore, while domestic deposits grew 9.14% YoY and 3.26% QoQ to Rs 16.49 lakh crore.

Advances

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Global advances were up 13% YoY and 2.45% QoQ to Rs 12.61 lakh crore, while domestic advances saw a 12.17% YoY and 2.49% QoQ growth to Rs 11.95 lakh crore.

Global CD ratio for the quarter under review stood at 73.70 versus 74.16 in Q3FY26 and 71.28 in Q4FY25.

The figures are provisional and are part of the Q4 updates, the company said in its filing to the exchanges.

The numbers were declared after market hours, and PNB shares today closed with gains of 0.4% at Rs 104.40 on the NSE.

The State-owned lender reported a 13% YoY increase in standalone net profit for the December quarter at Rs 5,100 crore, compared with Rs 4,508 crore in the year-ago period. Profit after tax (PAT) rose 4% sequentially from Rs 4,904 crore in the September quarter.

PNB’s net interest income (NII) declined 4.5% year-on-year (YoY) to Rs 10,533 crore in the December quarter, from Rs 11,032 crore a year earlier. Domestic net interest margins (NIMs) stood at 2.60%, down 49 basis points from 3.09% in the same period last year.

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)



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