Financial Ratios 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	549B	819B	762B	868B	1,091B
Interest Income On Investments	-	-	-	-	-
Interest Income, Total	549B	819B	762B	868B	1,091B
Interest On Deposits	370B	508B	468B	518B	685B
Total Interest On Borrowings	-	-	-	-	-
Interest Expense, Total	370B	508B	468B	518B	685B
Net Interest Income	179B	311B	294B	350B	405B
Gain (Loss) on Sale of Assets	417M	-127M	144M	25.8M	66.6M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	17.14B	46.14B	26.69B	-10.13B	6.15B
Total Other Non Interest Income	76.32B	85.23B	94.14B	132B	127B
Non Interest Income, Total	93.88B	131B	121B	122B	133B
Revenues Before Provison For Loan Losses	273B	442B	415B	473B	539B
Provision For Loan Losses	148B	215B	173B	199B	167B
Total Revenues	125B	227B	242B	274B	371B
Salaries And Other Employee Benefits	70.6B	123B	120B	149B	186B
Occupancy Expense	17.6B	27.81B	27.61B	30.26B	30.56B
Selling General & Admin Expenses, Total	5.67B	6.64B	7.41B	7.84B	8.2B
(Income) Loss on Equity Invest.	-1.22B	-5.42B	-2.32B	-2.89B	-8.28B
Total Other Non Interest Expense	27.63B	47.74B	50.17B	55.83B	62.9B
Non Interest Expense, Total	120B	200B	203B	240B	280B
EBT, Excl. Unusual Items	4.85B	26.95B	39.08B	33.59B	91.57B
EBT, Incl. Unusual Items	4.85B	26.95B	39.08B	33.59B	91.57B
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	4.85B	26.95B	39.08B	33.59B	91.57B
Net Income to Company	4.85B	26.95B	39.08B	33.59B	91.57B
Minority Interest	-465M	-1.33B	-468M	-103M	-500M
Net Income - (IS)	4.38B	25.62B	38.61B	33.48B	91.07B
Net Income to Common Incl Extra Items	4.38B	25.62B	38.61B	33.48B	91.07B
Net Income to Common Excl. Extra Items	4.38B	25.62B	38.61B	33.48B	91.07B
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	5.46B	9.71B	10.95B	11.01B	11.01B
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	5.46B	9.71B	10.95B	11.01B	11.01B
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	2.57B	15.51B	23.95B	20.89B	56.73B
Non-Cash Pension Expense	7.47B	12.32B	8.91B	20.49B	27.69B

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	419B	726B	807B	829B	696B
Investment Securities, Total	2,538B	4,044B	3,886B	4,169B	4,464B
Total investments	2,538B	4,044B	3,886B	4,169B	4,464B
Gross Loans	4,769B	6,793B	7,338B	8,375B	9,418B
Net Loans	4,769B	6,793B	7,338B	8,375B	9,418B
Gross Property Plant And Equipment	118B	219B	197B	220B	230B
Accumulated Depreciation	-46.35B	-111B	-93.49B	-101B	-109B
Net Property Plant And Equipment	71.26B	107B	104B	119B	121B
Other Intangibles, Total	1.36B	3.25B	2.96B	1.99B	2.06B
Accrued Interest Receivable	54B	81.62B	82.3B	91.07B	121B
Other Receivables	-	-	-	-	-
Restricted Cash	358B	408B	535B	745B	618B
Other Current Assets, Total	35.33B	100B	120B	132B	111B
Deferred Tax Assets Long-Term (Collected)	201B	270B	257B	240B	230B
Other Real Estate Owned And Foreclosed	541M	502M	502M	264M	264M
Other Long-Term Assets, Total	67.53B	264B	260B	236B	206B
Total Assets	8,515B	12,797B	13,393B	14,936B	15,986B
Liabilities
Interest Bearing Deposits	6,637B	10,372B	10,711B	12,107B	13,056B
Non-Interest Bearing Deposits	466B	765B	831B	797B	736B
Total Deposits	7,103B	11,137B	11,542B	12,903B	13,792B
Long-Term Debt	625B	523B	594B	701B	726B
Accrued Interest Payable	16.54B	27.34B	27.83B	34.51B	42.81B
Other Current Liabilities - (Bank / Utility Template)	18.24B	32.2B	30.82B	37.19B	33.61B
Other Non Current Liabilities	110B	147B	218B	226B	282B
Total Liabilities	7,872B	11,867B	12,412B	13,903B	14,877B
Common Stock, Total	13.48B	20.96B	22.02B	22.02B	22.02B
Additional Paid In Capital	512B	444B	460B	460B	460B
Retained Earnings	14.21B	170B	229B	247B	282B
Comprehensive Income and Other	98.93B	291B	265B	300B	340B
Total Common Equity	639B	925B	976B	1,029B	1,104B
Minority Interest	3.61B	4.87B	4.73B	4.59B	5.61B
Total Equity	642B	930B	981B	1,033B	1,109B
Total Liabilities And Equity	8,515B	12,797B	13,393B	14,936B	15,986B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	9.41B	10.48B	11.01B	11.01B	11.01B
ECS Total Common Shares Outstanding	6.74B	10.48B	11.01B	11.01B	11.01B
Book Value / Share	94.81	88.32	88.62	93.43	100.25
Tangible Book Value	637B	922B	973B	1,027B	1,102B
Tangible Book Value Per Share	94.6	88.01	88.35	93.25	100.06
Total Debt	625B	523B	594B	701B	726B
Deposits at Interest - Cash	392B	691B	772B	791B	661B
Debt Equivalent of Unfunded Proj. Benefit Obligation	20.86B	1.87B	8.24B	2.77B	12.23B
Net Debt	206B	-203B	-213B	-127B	29.57B
Equity Method Investments, Total	23.47B	32.76B	35.7B	46.42B	58.71B
Full Time Employees	68.78K	102K	103K	104K	102K
Part Time Employees	-	-	-	-	-
Number Of Offices	7.04K	10.77K	10.1K	10.08K	10.14K

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	4.38B	25.62B	38.61B	33.48B	91.07B
Depreciation, Depletion & Amortization	5.24B	8.32B	7.6B	7.54B	8.02B
Total Depreciation, Depletion & Amortization	5.24B	8.32B	7.6B	7.54B	8.02B
Amortization of Deferred Charges, Total	904M	1.5B	1.36B	1.51B	1.04B
(Gain) Loss On Sale of Asset - (CF)	-417M	127M	-144M	-25.8M	-66.6M
(Gain) Loss on Sale of Investments - (CF)	-3.68B	6.6B	8.05B	19.67B	-7.42B
Provision for Credit Losses	148B	187B	158B	171B	124B
(Income) Loss On Equity Investments - (CF)	-1.54B	-5.42B	-2.32B	-2.89B	-8.03B
Change in Other Net Operating Assets (Collected)	-562B	-607B	-435B	-1,404B	-1,445B
Other Operating Activities	-2.04B	38.79B	18.03B	38.13B	68.11B
Cash from Operations	-411B	-345B	-206B	-1,135B	-1,168B
Capital Expenditure	-15.89B	-7.87B	-5.36B	-5.52B	-11.44B
Cash Acquisitions	-	-	-5.68B	-1.8B	-3.63B
Divestitures	4.47B	-	-	-	-
Other Investing Activities, Total	1.54B	-	-100K	-	-
Cash from Investing	-9.87B	-7.87B	-11.04B	-7.32B	-15.06B
Long-Term Debt Issued, Total	-	35.05B	24.54B	44.62B	71.02B
Total Debt Issued	-	35.05B	24.54B	44.62B	71.02B
Long-Term Debt Repaid, Total	-11.9B	-	-	-	-
Total Debt Repaid	-11.9B	-	-	-	-
Issuance of Common Stock	161B	37.77B	17.93B	-	-
Common Dividends Paid	-300M	-	-	-7.05B	-7.16B
Common & Preferred Stock Dividends Paid	-300M	-	-	-7.05B	-7.16B
Net Increase (Decrease) in Deposit Accounts - (CF)	284B	357B	405B	1,361B	889B
Other Financing Activities, Total	-6.8B	-18.67B	-22.16B	-24.82B	-28.69B
Cash from Financing	426B	412B	425B	1,374B	924B
Miscellaneous Cash Flow Adjustments	-	297B	-	-100K	-
Net Change in Cash	4.6B	356B	209B	231B	-259B
Supplemental Items
Cash Interest Paid	-	19.93B	22.07B	24.68B	29.7B
Cash Income Tax Paid (Refund)	21.98B	3.14B	16.29B	12.04B	18.75B
Net Debt Issued / Repaid	-11.9B	35.05B	24.54B	44.62B	71.02B

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	-61.59B	-68.23B	-75.46B	-86.79B	-36.89B
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	-13.95	-21.93