Cash flow Punjab National Bank

Equities

PNB

INE160A01022

Banks

Market Closed - NSE India S.E. Other stock markets 05:10:31 13/09/2024 pm IST			5-day change	1st Jan Change
111.11 ^INR	+2.20%		+1.01%	+16.04%

12/09	Punjab National Bank Appoints Ambarish Ojha as Shareholder Director	CI
08/09	FinMin Clears Decks for Punjab National Bank, Bank of Maharashtra to Raise INR 100,000 Million Via QIP in FY25	CI

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Published financial data: PUNJAB NATIONAL BANK

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Interest Income On Loans	55TCr	82TCr	76TCr	87TCr	1,09100Cr
Interest Income On Investments	-	-	-	-	-
Interest Income, Total	55TCr	82TCr	76TCr	87TCr	1,09100Cr
Interest On Deposits	37TCr	51TCr	47TCr	52TCr	69TCr
Total Interest On Borrowings	-	-	-	-	-
Interest Expense, Total	37TCr	51TCr	47TCr	52TCr	69TCr
Net Interest Income	18TCr	31TCr	29TCr	35TCr	41TCr
Gain (Loss) on Sale of Assets	42Cr	-13Cr	14Cr	2.58Cr	6.66Cr
Gain (Loss) on Sale of Invest. & Securities - (Rev)	1.71TCr	4.61TCr	2.67TCr	-1.01TCr	614.91Cr
Total Other Non Interest Income	7.63TCr	8.52TCr	9.41TCr	13TCr	13TCr
Non Interest Income, Total	9.39TCr	13TCr	12TCr	12TCr	13TCr
Revenues Before Provison For Loan Losses	27TCr	44TCr	42TCr	47TCr	54TCr
Provision For Loan Losses	15TCr	22TCr	17TCr	20TCr	17TCr
Total Revenues	13TCr	23TCr	24TCr	27TCr	37TCr
Salaries And Other Employee Benefits	7.06TCr	12TCr	12TCr	15TCr	19TCr
Occupancy Expense	1.76TCr	2.78TCr	2.76TCr	3.03TCr	3.06TCr
Selling General & Admin Expenses, Total	567.14Cr	663.56Cr	740.66Cr	783.76Cr	819.6Cr
(Income) Loss on Equity Invest.	-121.59Cr	-542.16Cr	-231.63Cr	-289.44Cr	-828.24Cr
Total Other Non Interest Expense	2.76TCr	4.77TCr	5.02TCr	5.58TCr	6.29TCr
Non Interest Expense, Total	12TCr	20TCr	20TCr	24TCr	28TCr
EBT, Excl. Unusual Items	484.93Cr	2.69TCr	3.91TCr	3.36TCr	9.16TCr
EBT, Incl. Unusual Items	484.93Cr	2.69TCr	3.91TCr	3.36TCr	9.16TCr
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	484.93Cr	2.69TCr	3.91TCr	3.36TCr	9.16TCr
Net Income to Company	484.93Cr	2.69TCr	3.91TCr	3.36TCr	9.16TCr
Minority Interest	-46Cr	-132.62Cr	-47Cr	-10Cr	-50Cr
Net Income - (IS)	438.45Cr	2.56TCr	3.86TCr	3.35TCr	9.11TCr
Net Income to Common Incl Extra Items	438.45Cr	2.56TCr	3.86TCr	3.35TCr	9.11TCr
Net Income to Common Excl. Extra Items	438.45Cr	2.56TCr	3.86TCr	3.35TCr	9.11TCr
Per Share Items
Net EPS - Basic	0.8	2.64	3.53	3.04	8.27
Basic EPS - Continuing Operations	0.8	2.64	3.53	3.04	8.27
Basic Weighted Average Shares Outstanding	546.1Cr	970.59Cr	1.09TCr	1.1TCr	1.1TCr
Net EPS - Diluted	0.8	2.64	3.53	3.04	8.27
Diluted EPS - Continuing Operations	0.8	2.64	3.53	3.04	8.27
Diluted Weighted Average Shares Outstanding	546.1Cr	970.59Cr	1.09TCr	1.1TCr	1.1TCr
Normalized Basic EPS	0.47	1.6	2.19	1.9	5.15
Normalized Diluted EPS	0.47	1.6	2.19	1.9	5.15
Dividend Per Share	-	-	0.64	0.65	1.5
Payout Ratio	6.84	-	-	21.05	7.86
Supplemental Items
Effective Tax Rate - (Ratio)	-	-	-	-	-
Total Current Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	256.6Cr	1.55TCr	2.4TCr	2.09TCr	5.67TCr
Non-Cash Pension Expense	747.36Cr	1.23TCr	890.53Cr	2.05TCr	2.77TCr

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	42TCr	73TCr	81TCr	83TCr	70TCr
Investment Securities, Total	2,53800Cr	4,04400Cr	3,88600Cr	4,16900Cr	4,46400Cr
Total investments	2,53800Cr	4,04400Cr	3,88600Cr	4,16900Cr	4,46400Cr
Gross Loans	4,76900Cr	6,79300Cr	7,33800Cr	8,37500Cr	9,41800Cr
Net Loans	4,76900Cr	6,79300Cr	7,33800Cr	8,37500Cr	9,41800Cr
Gross Property Plant And Equipment	12TCr	22TCr	20TCr	22TCr	23TCr
Accumulated Depreciation	-4.64TCr	-11TCr	-9.35TCr	-10TCr	-11TCr
Net Property Plant And Equipment	7.13TCr	11TCr	10TCr	12TCr	12TCr
Other Intangibles, Total	136.27Cr	325.06Cr	295.95Cr	198.89Cr	205.61Cr
Accrued Interest Receivable	5.4TCr	8.16TCr	8.23TCr	9.11TCr	12TCr
Other Receivables	-	-	-	-	-
Restricted Cash	36TCr	41TCr	54TCr	74TCr	62TCr
Other Current Assets, Total	3.53TCr	10TCr	12TCr	13TCr	11TCr
Deferred Tax Assets Long-Term (Collected)	20TCr	27TCr	26TCr	24TCr	23TCr
Other Real Estate Owned And Foreclosed	54Cr	50Cr	50Cr	26Cr	26Cr
Other Long-Term Assets, Total	6.75TCr	26TCr	26TCr	24TCr	21TCr
Total Assets	8,51500Cr	12,79700Cr	13,39300Cr	14,93600Cr	15,98600Cr
Liabilities
Interest Bearing Deposits	6,63700Cr	10,37200Cr	10,71100Cr	12,10700Cr	13,05600Cr
Non-Interest Bearing Deposits	47TCr	76TCr	83TCr	80TCr	74TCr
Total Deposits	7,10300Cr	11,13700Cr	11,54200Cr	12,90300Cr	13,79200Cr
Long-Term Debt	63TCr	52TCr	59TCr	70TCr	73TCr
Accrued Interest Payable	1.65TCr	2.73TCr	2.78TCr	3.45TCr	4.28TCr
Other Current Liabilities - (Bank / Utility Template)	1.82TCr	3.22TCr	3.08TCr	3.72TCr	3.36TCr
Other Non Current Liabilities	11TCr	15TCr	22TCr	23TCr	28TCr
Total Liabilities	7,87200Cr	11,86700Cr	12,41200Cr	13,90300Cr	14,87700Cr
Common Stock, Total	1.35TCr	2.1TCr	2.2TCr	2.2TCr	2.2TCr
Additional Paid In Capital	51TCr	44TCr	46TCr	46TCr	46TCr
Retained Earnings	1.42TCr	17TCr	23TCr	25TCr	28TCr
Comprehensive Income and Other	9.89TCr	29TCr	26TCr	30TCr	34TCr
Total Common Equity	64TCr	93TCr	98TCr	1,02900Cr	1,10400Cr
Minority Interest	360.69Cr	486.79Cr	473.47Cr	459.38Cr	560.77Cr
Total Equity	64TCr	93TCr	98TCr	1,03300Cr	1,10900Cr
Total Liabilities And Equity	8,51500Cr	12,79700Cr	13,39300Cr	14,93600Cr	15,98600Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	941.06Cr	1.05TCr	1.1TCr	1.1TCr	1.1TCr
ECS Total Common Shares Outstanding	673.76Cr	1.05TCr	1.1TCr	1.1TCr	1.1TCr
Book Value / Share	94.81	88.32	88.62	93.43	100.25
Tangible Book Value	64TCr	92TCr	97TCr	1,02700Cr	1,10200Cr
Tangible Book Value Per Share	94.6	88.01	88.35	93.25	100.06
Total Debt	63TCr	52TCr	59TCr	70TCr	73TCr
Deposits at Interest - Cash	39TCr	69TCr	77TCr	79TCr	66TCr
Debt Equivalent of Unfunded Proj. Benefit Obligation	2.09TCr	186.67Cr	823.78Cr	276.68Cr	1.22TCr
Net Debt	21TCr	-20TCr	-21TCr	-13TCr	2.96TCr
Equity Method Investments, Total	2.35TCr	3.28TCr	3.57TCr	4.64TCr	5.87TCr
Full Time Employees	68.78T	1L	1L	1L	1L
Part Time Employees	-	-	-	-	-
Number Of Offices	7.04T	10.77T	10.1T	10.08T	10.14T

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	438.45Cr	2.56TCr	3.86TCr	3.35TCr	9.11TCr
Depreciation, Depletion & Amortization	524.03Cr	832.43Cr	760.29Cr	754.08Cr	801.85Cr
Total Depreciation, Depletion & Amortization	524.03Cr	832.43Cr	760.29Cr	754.08Cr	801.85Cr
Amortization of Deferred Charges, Total	90Cr	149.8Cr	135.88Cr	150.79Cr	103.75Cr
(Gain) Loss On Sale of Asset - (CF)	-42Cr	13Cr	-14Cr	-2.58Cr	-6.66Cr
(Gain) Loss on Sale of Investments - (CF)	-368.07Cr	659.56Cr	804.87Cr	1.97TCr	-742.12Cr
Provision for Credit Losses	15TCr	19TCr	16TCr	17TCr	12TCr
(Income) Loss On Equity Investments - (CF)	-154.14Cr	-542.16Cr	-231.63Cr	-289.44Cr	-803.22Cr
Change in Other Net Operating Assets (Collected)	-56TCr	-61TCr	-43TCr	-1,40400Cr	-1,44500Cr
Other Operating Activities	-204.43Cr	3.88TCr	1.8TCr	3.81TCr	6.81TCr
Cash from Operations	-41TCr	-35TCr	-21TCr	-1,13500Cr	-1,16800Cr
Capital Expenditure	-1.59TCr	-786.84Cr	-536.38Cr	-552.39Cr	-1.14TCr
Cash Acquisitions	-	-	-567.99Cr	-180.08Cr	-362.77Cr
Divestitures	447.29Cr	-	-	-	-
Other Investing Activities, Total	154.14Cr	-	-1L	-	-
Cash from Investing	-987.1Cr	-786.84Cr	-1.1TCr	-732.47Cr	-1.51TCr
Long-Term Debt Issued, Total	-	3.51TCr	2.45TCr	4.46TCr	7.1TCr
Total Debt Issued	-	3.51TCr	2.45TCr	4.46TCr	7.1TCr
Long-Term Debt Repaid, Total	-1.19TCr	-	-	-	-
Total Debt Repaid	-1.19TCr	-	-	-	-
Issuance of Common Stock	16TCr	3.78TCr	1.79TCr	-	-
Common Dividends Paid	-30Cr	-	-	-704.71Cr	-715.72Cr
Common & Preferred Stock Dividends Paid	-30Cr	-	-	-704.71Cr	-715.72Cr
Net Increase (Decrease) in Deposit Accounts - (CF)	28TCr	36TCr	41TCr	1,36100Cr	89TCr
Other Financing Activities, Total	-680.34Cr	-1.87TCr	-2.22TCr	-2.48TCr	-2.87TCr
Cash from Financing	43TCr	41TCr	43TCr	1,37400Cr	92TCr
Miscellaneous Cash Flow Adjustments	-	30TCr	-	-1L	-
Net Change in Cash	459.78Cr	36TCr	21TCr	23TCr	-26TCr
Supplemental Items
Cash Interest Paid	-	1.99TCr	2.21TCr	2.47TCr	2.97TCr
Cash Income Tax Paid (Refund)	2.2TCr	314.32Cr	1.63TCr	1.2TCr	1.87TCr
Net Debt Issued / Repaid	-1.19TCr	3.51TCr	2.45TCr	4.46TCr	7.1TCr

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.06	0.25	0.3	0.24	0.59
Return On Equity %	0.88	3.43	4.09	3.34	8.55
Return on Common Equity	0.8	3.28	4.06	3.34	8.54
Shareholders Value Added	-6.16TCr	-6.82TCr	-7.55TCr	-8.68TCr	-3.69TCr
Margin Analysis
SG&A Margin	81.11	75.94	70.33	74.09	65.21
Net Interest Income / Total Revenues %	143.21	137.03	121.73	127.82	109.13
EBT Excl. Non-Recurring Items Margin %	3.88	11.89	16.17	12.26	24.66
Income From Continuing Operations Margin %	3.88	11.89	16.17	12.26	24.66
Net Income Margin %	3.5	11.3	15.98	12.22	24.52
Net Avail. For Common Margin %	3.5	11.3	15.98	12.22	24.52
Normalized Net Income Margin	2.05	6.84	9.91	7.62	15.28
Asset quality
Nonperforming Loans / Total Loans %	15.41	15.37	12.6	9.23	5.98
Nonperforming Loans / Total Assets %	8.63	8.16	6.9	5.18	3.52
Nonperforming Assets / Total Assets %	8.63	8.16	6.91	5.18	3.53
NPAs / Loans and OREO	15.41	15.38	12.61	9.24	5.99
NPAs / Equity	114.39	112.31	94.33	74.85	50.81
Provision for Loan Losses / Net Charge-offs %	151.08	176.34	231.3	-911.89	469.47
Capital And Funding
Total Average Common Equity / Total Average Assets %	6.7	7.34	7.26	7.08	6.9
Total Average Equity / Total Average Assets %	6.74	7.38	7.3	7.11	6.93
Total Equity + Allowance for Loan Losses / Total Loans %	13.4	13.62	13.3	12.28	11.72
Gross Loans / Total Deposits %	67.14	61	63.57	64.9	68.28
Net Loans / Total Deposits %	67.14	61	63.57	64.9	68.28
Tier 1 Capital Ratio %	12.23	11.8	11.8	12.73	13.21
Total Capital Ratio %	14.5	14.64	14.57	15.54	16
Core Tier 1 Capital Ratio	10.98	10.89	10.61	11.24	11.08
Tier 2 Capital Ratio	2.27	2.84	2.77	2.81	2.79
Interbank Ratio	65.29	134.46	66.18	56.69	56.32
Fixed Charges Coverage
EBT + Interest on Borrowings / Interest on Borrowings	-	-	-	-	-
EBT + Interest Expense / Interest Expense	1.01	1.05	1.08	1.06	1.13
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	2.46	73.33	-5.5	19.07	15.71
Non Interest Income, 1 Yr. Growth %	27.42	39.81	-1.12	1.17	8.9
Provision For Loan Losses, 1 Yr. Growth %	-36.22	45.44	-16.17	14.49	-15.81
Total Revenues, 1 Yr. Growth %	652.55	81.15	6.61	13.4	35.51
Earnings From Cont. Operations, 1 Yr. Growth %	-105.08	455.66	45.02	-14.04	172.63
Net Income, 1 Yr. Growth %	-104.58	484.33	50.69	-13.27	171.98
Normalized Net Income, 1 Yr. Growth %	-104.28	504.64	54.39	-12.79	171.59
Diluted EPS Before Extra, 1 Yr. Growth %	-102.7	229.95	33.61	-13.8	172.04
Dividend Per Share, 1 Yr. Growth %	-	-	-	1.56	130.77
Gross Loans, 1 Yr. Growth %	3.12	42.46	8.01	14.13	12.45
Net Loans, 1 Yr. Growth %	3.12	42.46	8.01	14.13	12.45
Non Performing Loans, 1 Yr. Growth %	-6.36	42.11	-11.47	-16.36	-27.14
Non Performing Assets, 1 Yr. Growth %	-6.36	42.08	-11.46	-16.37	-27.13
Total Assets, 1 Yr. Growth %	7.76	50.3	4.66	11.52	7.03
Total Deposits, 1 Yr Growth %	4.16	56.81	3.64	11.79	6.89
Tangible Book Value, 1 Yr. Growth %	38.83	44.66	5.51	5.55	7.3
Common Equity, 1 Yr. Growth %	38.61	44.86	5.45	5.43	7.3
Total Equity, 1 Yr. Growth %	38.53	44.81	5.41	5.39	7.36
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	8.6	33.26	28.12	6.08	17.38
Non Interest Income, 2 Yr. CAGR %	2.8	33.47	13.52	0.02	4.97
Provision For Loan Losses, 2 Yr. CAGR %	-19.83	-3.68	8.29	-2.04	-1.83
Total Revenues, 2 Yr. CAGR %	243.88	269.22	38.97	9.95	23.97
Earnings From Cont. Operations, 2 Yr. CAGR %	-79.99	-46.88	183.87	11.65	53.08
Net Income, 2 Yr. CAGR %	-80.98	-48.26	196.74	14.32	53.59
Normalized Net Income, 2 Yr. CAGR %	-81.59	-49.1	205.54	16.03	53.9
Diluted EPS Before Extra, 2 Yr. CAGR %	-87.9	-70.18	109.97	7.32	53.13
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	53.09
Gross Loans, 2 Yr. CAGR %	4.24	21.21	24.05	11.03	13.29
Net Loans, 2 Yr. CAGR %	4.24	21.21	24.05	11.03	13.29
Non Performing Loans, 2 Yr. CAGR %	-7.9	15.36	12.17