PNB share price will remain in focus on Monday after the company informed about its upcoming meeting of Board of Directors scheduled to be held on May 7, 2025 to consider and approve financial results and proposal for dividend. Last trading price of the PSU bank stood at Rs 99.75 per share on Bombay Stock Exchange (BSE) as on May 3, 2025. The Bank has a market capitalisation of Rs 1,14,642.11 crore. The return on equity or ROE of the PSU Bank stood at 12.39%. In last 1-month, PNB shares gained 2.48% when Sensex zoomed 5.07% and BSE Financial index soared 5.62%.
Meanwhile, FII/FPI holdings zoomed marginally from 5.70% to 5.71% for March 2025 quarter. Life Insurance Corporation Of India (LIC) has 9.15% stake in PNB as of March 2025 quarter with 1,052,176,550 shares of the bank. The stake of LIC jumped from Dec 2024 quarter (8.32%) to March 2025 quarter at 9.15%. Check more details below:
PNB To Consider Results, Dividend Next Week
It is worth mentioning that PNB share price is trading 14.29% away from 52-week low price of Rs 85.50 per share, if last trading price of Rs 99.75 per share is taken into consideration.
PNB To Consider Financial Results, Dividend
According to the exchange filing of PNB dated May 3, 2025, “The Exchange is hereby informed that the meeting of Board of Directors of the Bank is scheduled on Wednesday, 07May, 2025 to inter alia:
a) Consider and approve the Audited Financial Results (Standalone & Consolidated) of the Bank for the quarter/ year ended 31st March, 2025;
b) Recommend dividend, if any, subject to approval of shareholders in the ensuing Annual General Meeting of the Bank; and;
c) Considering the proposal for raising of capital through issuance of Basel-Ill compliant Additional Tier-I Bonds and Tier-II Bonds, in one or more tranches during FY 2025-26.”
PNB Dividend History
The PSB recommended a total of 21 dividends since 2003. In last 1-year, it announced an equity dividend of Rs 1.50 per share. The bank stock maintains a dividend yield of 1.50%.
PNB Shares Performance
The 52-week high of PNB share price on Bombay Stock Exchange stood at Rs 142.35 per share (as on 02/05/2024) and 52-week low price is Rs 85.50 per share (as on 04/03/2025), respectively. PNB shares plunged 1.22% in last 6-months, slipped again by 27.72% in last 1-year, and gained 89.03% in last 2-years. The stock delivered triple digit returns of 184.59% in last 3-years and rose 208.35% in last 5-years.
Should You Buy PNB Shares?
Brokerage house Ventura expects PNB shares likely to rise strongly over the next 18 months. The analyst initiated coverage on the PSB and recommended buy call with target price of Rs 161 per share. Ventura believes that the asset quality of the PSY likely to remain strong with a gross non-performing asset (GNPA) ratio of 3.0% and a net non-performing asset (NNPA) ratio of 0.3%, backed by cautious underwriting and recovery policies, while the provision coverage ratio (PCR) is likely to revolve
around 90%.
InCred Equities has add call on PNB share with target price of Rs 111 per share. Calling it as the preferred pick, the analyst expects that the PSB is likely to benefit from benign credit costs and strong likelihood from recoveries in written-off accounts and potential tax rate declines.
PNB Financials Compared With Peer Group
The PSB declared its profit after tax or PAT at Rs 4508.21 crore for December 2024 quarter. Meanwhile, SBIN recommended a PAT of 16,891.44 crore, Canara Bank declared a PAT of Rs 4,104.20 crore, and Union Bank’s PAT was declared at Rs 4603.63 crore.
Disclaimer: The story highlights upcoming results, dividend, and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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