Punjab National Bank (NSE:PNB)

Punjab National Bank Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Interest Income on Loans	867,566	1,090,646	868,453	762,418	819,350
Interest Income on Investments	372,532	-	-	-	-
Total Interest Income	1,240,099	1,090,646	868,453	762,418	819,350
Interest Paid on Deposits	807,038	685,342	518,170	468,231	508,046
Net Interest Income	433,060	405,304	350,283	294,188	311,305
Net Interest Income Growth (YoY)	6.85%	15.71%	19.07%	-5.50%	73.71%
Gain (Loss) on Sale of Assets	-	66.6	25.8	144	-127.4
Gain (Loss) on Sale of Investments	-	6,149	-10,129	26,693	37,932
Other Non-Interest Income	164,470	127,079	132,499	94,139	84,544
Total Non-Interest Income	164,470	133,294	122,396	120,977	122,349
Non-Interest Income Growth (YoY)	23.39%	8.90%	1.17%	-1.12%	30.33%
Revenues Before Loan Losses	597,530	538,599	472,679	415,164	433,654
Provision for Loan Losses	11,500	167,220	198,629	173,497	206,972
Revenue	586,030	371,379	274,050	241,667	226,682
Revenue Growth (YoY)	57.80%	35.52%	13.40%	6.61%	81.14%
Salaries and Employee Benefits	215,487	186,432	149,426	119,719	122,967
Occupancy Expenses	-	30,557	30,260	27,612	27,814
Selling, General & Administrative	-	8,196	7,838	7,407	6,636
Other Non-Interest Expense	110,018	62,905	55,833	50,170	47,741
Total Non-Interest Expense	314,375	279,807	240,462	202,591	199,736
EBT Excluding Unusual Items	271,655	91,572	33,588	39,076	26,946
Pretax Income	271,655	91,572	33,588	39,076	26,946
Income Tax Expense	86,129	-	-	-	-
Earnings From Continuing Operations	185,526	91,572	33,588	39,076	26,946
Minority Interest in Earnings	-723.2	-499.5	-103.3	-468.5	-1,326
Net Income	184,803	91,072	33,485	38,607	25,620
Net Income to Common	184,803	91,072	33,485	38,607	25,620
Net Income Growth	102.92%	171.98%	-13.27%	50.69%	484.33%
Basic Shares Outstanding	11,255	11,011	11,011	10,947	9,706
Diluted Shares Outstanding	11,255	11,011	11,011	10,947	9,706
Shares Change (YoY)	2.21%	-	0.59%	12.78%	77.73%
EPS (Basic)	16.42	8.27	3.04	3.53	2.64
EPS (Diluted)	16.42	8.27	3.04	3.53	2.64
EPS Growth	98.55%	172.04%	-13.80%	33.61%	229.95%
Dividend Per Share	2.900	1.500	0.650	0.640	-
Dividend Growth	93.33%	130.77%	1.56%	-	-
Effective Tax Rate	31.70%	-	-	-	-

Updated Jan 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.