Punjab National Bank · NSE:PNB
Punjab National Bank — Q2 FY2027 Earnings Presentation
50 slides from Punjab National Bank's earnings presentation, Oct 16, 2026
Slide 1: Exchange intimation letter for analyst presentation
Share Department, Board & Coordination Division, Head Office Plot No.4 Sector 10, Dwarka, New Delhi–110075, E-mail: hosd@pnb.bank.in Scrip Code: PNB Scrip Code: 532461 National Stock Exchange of India Limited BSE Limited “Exchange Plaza” 1st Floor, Phiroze Jeejeebhoy Towers, Bandra – Kurla Complex,
Slide 2: Financial Results Q2 FY 2027
FINANCIAL RESULTS Q2 FY 2027 th 16 October 2026 Follow our Official Page: www.pnb.bank.in
Slide 3: Contents
Contents Macro Economy Business Financial Asset & Performance Performance Performance Quality Highlights 3-8 9-19 20-26 27-32 Shareholding Digitalisation HR, Network, ESG, Awards & Capital & Analytics Group Business & Guidance & RRBs 33-34 35-38 39-42 43-47 2
Slide 4: Indian Economy Growth Holds Firm Amid External Headwinds
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Indian Economy Growth Holds Firm Amid External Headwinds FY27 GDP Projections Revised Upwards (%) Inflation Inches Up & RBI Policy Pivots to Tightening Earlier Projection Latest Project
Slide 5: Data for Q2 FY'27 highlights
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Data for Q2 FY’27 NET PROFIT ROA% BOOK VALUE PER OPERATING PROFIT +12.8% YoY - SHARE (TANGIBLE) +16.7% YoY +4.2% YoY ₹ 5,532 Cr 1.05% ₹ 111.94 ₹ 7,532 Cr GNPA % NNPA % PCR (Inc. TWO) %
Slide 6: Profitability
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Profitability Net Profit Return on Assets (%) 5225 5253 5532 4904 5100 1.02% 1.03% 1.02% 1.05% 1.06% 1.06% 1.04% 1.05% 4303 4508 4567 1675 0.37% (Annualized) Q2 Q3 Q4 Q1
Slide 7: Profitability
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Profitability Return on Equity - Tangible (%) Earning Per Share (₹) 19.91% 19.22% 19.23% 17.95% 17.80% 18.00% 17.33% 17.32% 4.44 4.55 4.57 4.81 3.90 3.92 3.97 4.27 1.46 6.59% (Annualize
Slide 8: Asset Quality
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Asset Quality Gross NPA% Net NPA% 4.48% 4.09% 3.95% 0.46% 3.78% 0.41% 0.40% 0.38% 3.45% 0.36% 0.32% 0.29% 3.19% 0.28% 0.25% 2.95% 2.78% 2.55% Sept'24 Dec'24 Mar'25 June'2
Slide 9: Asset Quality
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Asset Quality PCR%- (Incl. TWO) PCR%- (excl TWO) Credit Cost (Annualized) 0.46% 96.67% 96.77% 96.82% 96.88% 96.91% 96.99% 97.14% 97.23% 97.32% 0.30% 0.25% 0.25% 0.21% 0.1
Slide 10: Business Mix
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Business Mix Growth % Global Business Sl. Parameters Sept’25 June’26 Sept’26 (In Rs. Lakh Crore) QoQ YoY 1 Global Business 2786673 2997970 3118434 4.0% 11.9% 1a Overseas
Slide 11: Deposits
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Deposits Growth % Domestic Deposit Mix – Sept’26 Sl. Parameters Sept’25 June’26 Sept’26 (In Rs. Lakh Crore) QoQ YoY 1 Global Deposits (2+3) 1617080 1724837 1777240 3.0% 9
Slide 12: Advances
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Advances Growth % Domestic Credit Mix – Sept’26 Sl. Parameters Sept’25 June’26 Sept’26 (In Rs. Lakh Crore) QoQ YoY 1 Global Advances (2+3) 1169592 1273132 1341194 5.3% 14
Slide 13: Retail Advances
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Retail Advances Retail* Home Loan* YoY Gr.: 16.3% YoY Gr.: 14.3% 251729 257064 271565 141836 233532 243608 132840 129832 127364 124099 Sept'25 Dec'25 Mar'26 June'26 Sept'
Slide 14: Government Flagship Schemes
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Government Flagship Schemes As on Sept’26 Amt in Rs. PM SURYA GHAR YOJANA Amt in Rs. No. of Q2 FY26 Q2 FY27 Amount Crore Crore A/c Sanctioned 5175 6306 Sanctioned 235415
Slide 15: Financial Inclusion Performance
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Financial Inclusion Performance Nos in lakhs Nos in lakhs Nos in lakhs ➢ SLBC- 5 Pradhan Mantri Jeevan Jyoti Pradhan Mantri Suraksha Atal Pension Yojana (APY) Bima Yojana (PMJJBY) Bima
Slide 16: External Rating Portfolio & Advances on Benchmark Rates
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore External Rating (Std FB) Portfolio & Adv. on Benchmark Rates Portfolio > Rs.25 Crore Advances Mix of Benchmark rate Sept’25 June’26 Sept’26 Sl. Rating Grade Amt. % Share
Slide 17: Diversified Industry Portfolio & Energy Sector
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Diversified Industry Portfolio & Energy Sector Sept’25 June’26 Sept’26 % to % to % to Energy Sector Sl. Industry O/s Domestic O/s Domestic O/s Domestic External Rating St
Slide 18: NBFC Sector
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore NBFC Sector External Rating Wise Portfolio – As on 30.09.2026 As on Key Sectors Housing Finance Companies PSUs & PSU backed Sept’25 June’26 Sept’26 NBFC 183006 221717 227
Slide 19: Investment Portfolio
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Investment Portfolio Sl. Parameters Sept’25 June’26 Sept’26 1 Gross Domestic Investment 496450 481990 513289 2 SLR 367617 346707 381883 2a SLR as % to Dom. Investment (2/
Slide 20: Non SLR Investment
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Non SLR Investment Sept’25 June’26 Sept’26 Sl. Parameters O/S % Share O/S % Share O/S % Share 1 PSU Bonds 30820 23.9% 30215 22.3% 31953 24.3% 2 Corporate and Other Bonds
Slide 21: Balance Sheet - Liabilities & Assets
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Balance Sheet-Liabilities & Assets Sl. Parameters 30th Sept’25 30th June’26 30th Sept’26 CAPITAL & LIABILITIES 1 Capital 2299 2299 2299 2 Reserves and Surplus 133503 1462
Slide 22: Income
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Income Q2 Q1 Q2 YoY Variation H1 H1 YoY Variation Sl. Parameters FY26 FY27 FY27 Amt. % FY26 FY27 Amt. % 1 Interest Income (2+3+4) 31872 32897 34585 2713 8.5% 63835 67482
Slide 23: Expenses
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Expenses Q2 Q1 Q2 YoY Variation H1 H1 YoY Variation Sl. Parameters FY26 FY27 FY27 Amt. % FY26 FY27 Amt. % 1 Total Interest Paid (2+3+4) 21403 22099 22984 1581 7.4% 42789
Slide 24: Profit & Provisions
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Profit & Provisions Q2 Q1 Q2 YoY Variation H1 H1 YoY Variation Sl. Parameters FY26 FY27 FY27 Amt. % FY26 FY27 Amt. % 1 Net Interest Income 10469 10798 11601 1132 10.8% 21
Slide 25: Efficiency Ratios (Quarter)
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award (Annualized) Efficiency Ratios (Quarter) Cost of Deposits [%] Yield on Advances [%] NIM [%] 5.18% 5.18% 4.99% 5.02% 4.96% 4.97% 7.90% 8.01% 7.53% 7.70% 7.60% 7.78% 2.60% 2.72% 2.50% 2.6
Slide 26: Efficiency Ratios (HY1 FY27)
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award (Annualized) Efficiency Ratios (HY1 FY27) Cost of Deposits [%] Yield on Advances [%] NIM [%] 5.25% 5.26% 8.02% 8.14% 2.78% 5.16% 5.17% 7.80% 7.92% 7.74% 2.65% 2.70% 2.69% 4.98% 5.00% 7.
Slide 27: Profitability/Productivity Ratios
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award (Annualized) Profitability/Productivity Ratios Q2 Q1 Q2 H1 H1 Sl. Key Ratios FY26 FY27 FY27 FY26 FY27 1 Return on Assets [%] 1.05% 1.04% 1.05% 0.71% 1.04% 2 Return on Equity [%] 17.95%
Slide 28: SMA 2 Accounts (> Rs 5.00 Crore)
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore SMA 2 Accounts ( > Rs 5.00 Crore) Sept’25 June’26 Sept’26 Sl. CATEGORY % of Domestic % of Domestic % of Domestic SMA2 SMA2 SMA2 Advances Advances Advances 1 Retail Loans
Slide 29: Movement of NPA
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Movement of NPA Sl. Parameters Q2 FY26 Q1 FY27 Q2 FY27 HY1 FY26 HY1 FY27 1 NPA at the beginning of Year/Quarter 42673 37124 35381 44082 37124 2 Cash Recovery & Up-gradati
Slide 30: Asset Classification
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Asset Classification Sept’25 June’26 Sept’26 YoY Variation Sl. Parameters Variation/ O/S Share% O/S Share% O/S Share% Amt. Growth 1 Standard 1129249 96.55% 1237752 97.22%
Slide 31: Slippages & Recoveries
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Slippages & Recoveries Sector wise Fresh Slippage (Quarter) Recovery v/s Slippages 2233 Q2 Q1 Q2 HY1 HY1 1996 Period 1812 FY26 FY27 FY27 FY26 FY27 Net Recovery 3949 2789
Slide 32: NPA Classification - Sector Wise
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore NPA Classification - Sector Wise Sept’25 June’26 Sept’26 Sl. Parameters Advances GNPA GNPA% Advances GNPA GNPA% Advances GNPA GNPA% 1 Retail Loans 272210 2730 1.00% 28588
Slide 33: NPA Classification - Industry Wise
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore NPA Classification- Industry Wise Sept’25 June’26 Sept’26 Sl. Diversified Industry Portfolio O/s GNPA GNPA % O/s GNPA GNPA % O/s GNPA GNPA % 1 Infrastructure 107598 123 0
Slide 34: Shareholding and Ratings
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Shareholding and Ratings INTERNATIONAL RATINGS Shareholding as on 30.09.2026 Total No. of Shares: 1149.29 Crores Baa3/P-3/ BBB-/F3/ Stable Stable Resident Others, Individual , 0.86% 6.2
Slide 35: Capital Adequacy
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Capital Adequacy Capital & CRAR CRAR % Sl. Parameters Sept’25 June’26 Sept’26 1 Total Capital (Tier 1+2) 147269 166377 170219 CRAR % 17.19% 18.13% 17.95% Out of Which, 2
Slide 36: Augmenting Digital Base
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Augmenting Digital Base PNB One Activated Users PNB One BIZ Activated Users WhatsApp Banking Users (in Lakhs) (in Lakhs) (in Lakhs) (400+ features) (225+ features) (100+ features) 285 4
Slide 37: Progress Under Major Digital Offerings - Digital Lending
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Progress Under Major Digital Offerings – Digital Lending Digital Lending Performance Digital Lending Products Digital Sanctions – Q2 FY27 ₹ 4,763 Crores RETAIL (1,25,249 Accounts) 1. Di
Slide 38: Progress Under Major Digital Offerings
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Progress Under Major Digital Offerings Central Bank Digital Currency (CBDC) New Initiatives Undertaken Way Forward ➢ Revamping of Internet Banking Services platform ➢ DIY journeys Savin
Slide 39: Empowering Decisions with Advanced Analytics
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Empowering Decisions with Advanced Analytics 01 PNB Business 360: Insights on the Go A unified mobile app providing real-time business dashboards and actionable insights at users’ Busin
Slide 40: Human Resource
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award As on 30.09.2026 Human Resource Age Profile & Demographics Training & Staff Accolades ➢ Customised certification programmes in identified domains in collaboration with IIBF Age Bracket
Slide 41: Distribution Network
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award As on 30.09.2026 Distribution Network Domestic branches by region Total Touch Points Branches ATMs BCs 53,672 10,481 10,915 32,276 (Domestic) Central North-Eastern Northern 2,566 24.5%
Slide 42: Group Structure of the Bank
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Group Structure of the Bank PNB Subsidiaries Associates & Joint Venture Domestic Foreign Domestic Foreign RRB 35% stake in each one:- 1. PNB Cards & Services 1. PNBIL, London - 1. PNB H
Slide 43: Performance of Subsidiaries, Associates, Joint Venture & RRBs
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Performance of Subsidiaries, Associates, Joint Venture & RRB’s Performance of RRBs Results Total Total Gross Net Name of the entity (3/6/9/12 M) Income Expenses Profit Pr
Slide 44: ESG Highlights
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award ESG Highlights Environmental Social Governance ✓ Swachhata Hi Seva (SHS) 2026- Swachhata ✓ Net Zero Conceptual Framework, 2060 as the ✓ PALAASH 4.0, a comprehensive green Pledge taken i
Slide 45: ESG - Green Initiatives
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award ESG – Green Initiatives Branch Ambience Expanding the clean energy Improvement Drive- Use of footprint, bank completed Sustainable Financing energy efficient LEDs & Green Tariff adoptio
Slide 46: ESG - Social Impact
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award ESG – Social Impact CSR Activity Footprint Key Outlay Impact Area Institutions Beneficiaries (₹ Cr) Skill Development Rural Youth, RSETIS (80) & RDCs (2) Women, Farmers 95.00 & Entrepre
Slide 47: Rewards & Accolades
Share/ Digitalisation/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Rewards & Accolades Recognized as the Honored with the NCRP Recognized for excellence, Awarded the Gold Data Runner-Up for Best Bank Collaboration Excellence securing the First Runner-
Slide 48: Guidance for FY'27 vs Actuals for September'26
Guidance for FY’27 vs Actuals for September’26 Parameters Guidance for FY’27 Q2 FY’27 HY1 FY’27 Credit Growth % (YoY) 12%-13% 14.7% 14.7% Deposit Growth % (YoY) 9%-10% 9.9% 9.9% CASA Share % 38% 36.6% 36.6% Operating Profit Gr % (YOY) 9%-10% 4.2% 5.2% Net Interest Income Gr % (YOY) 7% 10.8% 6.4% NIM
Slide 49: Disclaimer
Disclaimer “This representation contains certain forward-looking statements apart from historical information. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking
Slide 50: Thank You
Thank You Download the PNB ONE app today Scan to download 6,16,000 35,41,937 11,98,861 2,54,681 4,74,197 60,042
Punjab National Bank — Q2 FY2027 Earnings Presentation on 6ix