Punjab National Bank (NSE: PNB)

Punjab National Bank Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest Income on Loans	1,145,174	1,090,646	868,453	762,418	819,350	549,185
Interest Paid on Deposits	739,766	685,342	518,170	468,231	508,046	369,975
Net Interest Income	421,494	405,304	350,283	294,188	311,305	179,210
Net Interest Income Growth (YoY)	9.31%	15.71%	19.07%	-5.50%	73.71%	2.46%
Gain (Loss) on Sale of Assets	66.6	66.6	25.8	144	-127.4	416.67
Gain (Loss) on Sale of Investments	6,149	6,149	-10,129	26,693	37,932	17,144
Other Non-Interest Income	146,277	127,079	132,499	94,139	84,544	76,315
Total Non-Interest Income	152,492	133,294	122,396	120,977	122,349	93,877
Non-Interest Income Growth (YoY)	12.86%	8.90%	1.17%	-1.12%	30.33%	27.42%
Revenues Before Loan Losses	573,986	538,599	472,679	415,164	433,654	273,087
Provision for Loan Losses	104,889	167,220	198,629	173,497	206,972	147,948
Revenue	469,097	371,379	274,050	241,667	226,682	125,138
Revenue Growth (YoY)	36.23%	35.51%	13.40%	6.61%	81.15%	652.55%
Salaries and Employee Benefits	202,699	186,432	149,426	119,719	122,967	70,600
Occupancy Expenses	30,557	30,557	30,260	27,612	27,814	17,605
Selling, General & Administrative	8,196	8,196	7,838	7,407	6,636	5,671
Other Non-Interest Expense	67,134	62,905	55,833	50,170	47,741	27,628
Total Non-Interest Expense	298,256	279,807	240,462	202,591	199,736	120,289
EBT Excluding Unusual Items	170,841	91,572	33,588	39,076	26,946	4,849
Pretax Income	170,841	91,572	33,588	39,076	26,946	4,849
Income Tax Expense	25,494	-	-	-	-	-
Earnings From Continuing Operations	145,347	91,572	33,588	39,076	26,946	4,849
Minority Interest in Earnings	-697	-499.5	-103.3	-468.5	-1,326	-464.85
Net Income	144,650	91,072	33,485	38,607	25,620	4,384
Net Income to Common	144,650	91,072	33,485	38,607	25,620	4,384
Net Income Growth	144.97%	171.98%	-13.27%	50.69%	484.33%	-
Basic Shares Outstanding	11,026	11,011	11,011	10,947	9,706	5,461
Diluted Shares Outstanding	11,026	11,011	11,011	10,947	9,706	5,461
Shares Change (YoY)	0.53%	-	0.59%	12.78%	77.73%	69.39%
EPS (Basic)	13.12	8.27	3.04	3.53	2.64	0.80
EPS (Diluted)	13.12	8.27	3.04	3.53	2.64	0.80
EPS Growth	143.70%	172.04%	-13.80%	33.61%	229.95%	-
Dividend Per Share	-	1.500	0.650	0.640	-	-
Dividend Growth	-	130.77%	1.56%	-	-	-
Effective Tax Rate	14.92%	-	-	-	-	-

Source: S&P Capital IQ. Banks template. Financial Sources.