Punjab National Bank · NSE:PNB

Punjab National Bank — Q4 FY2026 Earnings Presentation

51 slides from Punjab National Bank's earnings presentation, May 5, 2026

  1. Slide 1: Exchange filing cover letter for analyst presentation

    E]Mlb ..the name you can BANK upon! Share Department, Board & Coordination Division, Head Office Plot No.4 Sector IO, Dwarka, New Delhi-llO075, E-mail: hQ$d@Dnb,bonk,in Scrip Code: PNB Scrip Code: 532461 Natio'naI Stock Exchange of India Limited BSE Limited “Exchange Plaza' 1 st Floor, Phiroze Jeeje

  2. Slide 2: Financial Results Q4 FY 2026

    FINANCIAL RESULTS Q4 FY 2026 th 05 May 2026 Follow our Official Page: www.pnb.bank.in

  3. Slide 3: Contents

    Contents Performance Business Financial Asset Highlights Performance Performance Quality 3-7 8-18 19-25 26-33 Shareholding Digitalization HR, Network, ESG, Awards & Capital & Analytics Group Business & Guidance & RRBs 34-35 36-39 40-43 44-48 2

  4. Slide 4: Performance Highlights Q4 FY'26

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Data for Q4 FY’26 Book Value Per Operating Profit Net Profit ROA% Share (Tangible) Profitability ₹ 5,225 Cr 1.06% ₹ 7,500 Cr 04 bps YoY ₹ 102.95 10.7% YoY 14.4% YoY 21.4% YoY GNPA % NNPA

  5. Slide 5: Profitability

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Profitability Net Profit Return on Assets (%) 4904 5100 5225 1.05% 1.06% 1.06% 4303 4508 4567 1.02% 1.03% 1.02% 0.82% 3010 3252 1675 0.77% 0.37% (Annualized) Q4 Q1 Q2 Q3 Q

  6. Slide 6: Profitability: ROE, EPS, Book Value, CRAR

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Profitability Return on Equity - Tangible (%) Earning Per Share (₹) 19.91% 19.22% 19.23% 4.44 4.55 16.82% 17.95% 17.80% 18.00% 3.92 3.97 4.27 3.90 2.95 16.48% 1.46 2.73 (Annualized) (Not

  7. Slide 7: Asset Quality

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Asset Quality Gross NPA% Net NPA% 5.73% 0.73% 4.98% 0.60% 4.48% 4.09% 3.95% 0.46% 0.41% 3.78% 0.40% 0.38% 0.36% 3.45% 3.19% 0.32% 0.29% 2.95% Mar'24 June'24 Sept'24 Dec'24

  8. Slide 8: Asset Quality: PCR, Credit Cost, Slippages

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Asset Quality PCR%- (Incl. TWO) PCR%- (excl TWO) 0.81% Credit Cost % 0.46% 95.39% 95.90% 96.67% 96.77% 96.82% 96.88% 96.91% 96.99% 97.14% 0.32% 0.30% 0.21% 0.08% 0.12% 0.1

  9. Slide 9: Business Mix

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Business Mix Global Gross Business 10.7% YoY Gr Growth % 2969685 S.N. Parameters Mar’25 Dec’25 Mar’26 2891528 QoQ YoY 2786673 2719276 2683260 1 Global Business 2683260 289

  10. Slide 10: Deposits

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Deposits Growth % Sl. Parameters Mar’25 Dec’25 Mar’26 Domestic Deposit Mix – Mar’26 QoQ YoY 79294, 1 Global Deposits (2+3) 1566623 1660290 1711126 3.1% 9.2% 4.8% 2 Oversea

  11. Slide 11: Advances

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Advances Growth % Sl. Parameters Mar’25 Dec’25 Mar’26 QoQ YoY Domestic Credit Mix – Mar’26 1 Global Advances (2+3) 1116637 1231238 1258559 2.2% 12.7% 2 Overseas Advances 5

  12. Slide 12: Retail Advances

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Retail Advances Retail* Home Loan* YoY Gr.: 18.2% YoY Gr.: 11.6% 243608 251729 129832 213037 218842 233532 127364 124099 118708 116312 Mar'25 June'25 Sept'25 Dec'25 Mar'26

  13. Slide 13: Priority Sector Achievement & Flagship Govt. Schemes

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Priority Sector Achievement & Flagship Govt. Schemes On Quarterly Average Basis As on Mar’26 TOTAL PRIORITY SECTOR ADVANCES @41.89% of ANBC against norm of 40% PM-VIDYALAX

  14. Slide 14: Financial Inclusion Performance

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Financial Inclusion Performance Nos in lakhs Nos in lakhs Nos in lakhs ➢ SLBC- 5 Pradhan Mantri Jeevan Pradhan Mantri Suraksha ➢ UTLBC-1 Atal Pension Yojana (APY) Jyoti Bima Yojana (PMJJ

  15. Slide 15: External Rating Portfolio & Advances on Benchmark Rates

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore External Rating (Std FB) Portfolio & Adv. on Benchmark Rates Advances Mix of Benchmark rate Portfolio > Rs.25 Crore Mar’25 Dec’25 Mar’26 Sl Rating Grade 6.37% 6.69% 6.58%

  16. Slide 16: Diversified Industry Portfolio & Energy Sector

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Diversified Industry Portfolio & Energy Sector Mar’25 Dec’25 Mar’26 Energy Sector Sl. Industry % to % to % to O/s Domestic O/s Domestic O/s Domestic External Rating Standa

  17. Slide 17: NBFC Sector

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore NBFC Sector External Rating Wise Portfolio – As on 31.03.2026 As on Key Sectors Housing Finance Companies PSUs & PSU backed Mar’25 Dec’25 Mar’26 NBFC 160194 203179 209829

  18. Slide 18: Investment Portfolio

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Investment Portfolio Sl. Parameters Mar’25 Dec’25 Mar’26 1 Gross Domestic Investment 492305 484281 488441 2 SLR 363867 360811 350825 2a SLR as % to Dom. Investment (2/1) 7

  19. Slide 19: Non SLR Investment

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Non SLR Investment Mar’25 Dec’25 Mar’26 Sl. Parameters O/S % Share O/S % Share O/S % Share 1 PSU Bonds 22583 17.58% 30363 24.59% 31069 22.58% 2 Corporate and Other Bonds &

  20. Slide 20: Balance Sheet - Liabilities & Assets

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Balance Sheet-Liabilities & Assets Sl. Parameters 31st Mar’25 31st Dec’25 31st Mar’26 CAPITAL & LIABILITIES 1 Capital 2299 2299 2299 2 Reserves and Surplus 125064 139819 1

  21. Slide 21: Income

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Income Q4 Q3 Q4 YoY Variation YoY Variation Sl. Parameters FY25 FY26 FY25 FY26 FY26 Amt. % Amt. % 1 Interest Income (2+3+4) 31989 32231 32157 168 0.5% 121761 128223 6462 5

  22. Slide 22: Expenses

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Expenses Q4 Q3 Q4 YoY Variation YoY Variation Sl. Parameters FY25 FY26 FY25 FY26 FY26 Amt. % Amt. % 1 Total Interest Paid (2+3+4) 21232 21698 21776 544 2.6% 78979 86263 72

  23. Slide 23: Profit & Provisions

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB Amt ₹ in Crore Profit & Provisions Q4 Q3 Q4 YoY Variation YoY Variation Sl. Parameters FY25 FY26 FY25 FY26 FY26 Amt. % Amt. % 1 Net Interest Income 10757 10533 10380 -377 -3.5% 42782 419

  24. Slide 24: Efficiency Ratios (Quarter)

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB (Annualized) Efficiency Ratios (Quarter) Global Domestic Cost of Deposits [%] Cost of Funds [%] NIM [%] 5.36% 5.37% 4.76% 4.75% 5.09% 5.10% 5.05% 5.05% 4.50% 4.50% 4.44% 4.41% 2.81% 2.96

  25. Slide 25: Efficiency Ratios (FY26)

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB (Annualized) Efficiency Ratios (FY26) Global Domestic Cost of Deposits [%] Cost of Funds [%] NIM [%] 5.23% 5.21% 5.20% 5.21% 5.16% 5.17% 4.63% 4.59% 4.59% 4.59% 4.55% 4.54% 2.93% 3.08% 2

  26. Slide 26: Profitability/Productivity Ratios

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics Award /GB/RRB (Annualized) Profitability/Productivity Ratios Q4 Q3 Q4 Sl. Key Ratios FY25 FY26 FY25 FY26 FY26 1 Return on Assets [%] 1.02% 1.06% 1.06% 0.97% 0.89% 2 Return on Equity [%] 19.23% 17.80%

  27. Slide 27: One Time Restructuring (OTR 1 & 2)

    Asset Digitalization/ HR/Network ESG/ Highlights Business Financial Share/Capital Quality Analytics /GB/RRB Award Amt ₹ in Crore One Time Restructuring (OTR 1 & 2) OTR 1 OTR 2 As per RBI's guidelines dated As per RBI's guidelines dated Aug 06,2020 May 05,2021 Position as on 31.03.26 Provisions Posit

  28. Slide 28: SMA 2 Accounts (> Rs 5.00 Crore)

    Asset Digitalization/ HR/Network ESG/ Highlights Business Financial Share/Capital Quality Analytics /GB/RRB Award Amt ₹ in Crore SMA 2 Accounts ( > Rs 5.00 Crore) Mar’25 Dec’25 Mar’26 CATEGORY S. N. % of Domestic % of Domestic % of Domestic SMA2 SMA2 SMA2 Advances Advances Advances 1 RETAIL 74 0.01%

  29. Slide 29: Movement of NPA

    Asset Digitalization/ HR/Network ESG/ Highlights Business Financial Share/Capital Quality Analytics /GB/RRB Award Amt ₹ in Crore Movement of NPA Sl. Parameters Q4 FY’25 Q3 FY’26 Q4 FY’26 FY’25 FY’26 1 NPA at the beginning of Year/Quarter 45414 40343 39314 56343 44082 2 Cash Recovery & Up-gradation (

  30. Slide 30: Asset Classification

    Asset Digitalization/ HR/Network ESG/ Highlights Business Financial Share/Capital Quality Analytics /GB/RRB Award Amt ₹ in Crore Asset Classification Mar’25 Dec’25 Mar’26 YoY Variation Sl. Parameters O/S Share% O/S Share% O/S Share% Amt. Variation 1 Standard 1072555 96.05% 1191923 96.81% 1221435 97.

  31. Slide 31: Slippages & Recoveries

    Asset Digitalization/ HR/Network ESG/ Highlights Business Financial Share/Capital Quality Analytics /GB/RRB Award Amt ₹ in Crore Slippages & Recoveries Sector wise Fresh Slippage (Quarter) Sector wise Fresh Slippage (FY) 2904 6390 6064 2673 5552 1824 1400 1069 995 1106 2291 2128 23242394 802 1807 19

  32. Slide 32: NPA Classification - Sector Wise

    Asset Digitalization/ HR/Network ESG/ Highlights Business Financial Share/Capital Quality Analytics /GB/RRB Award Amt ₹ in Crore NPA Classification - Sector Wise Mar’25 Dec’25 Mar’26 Sl. Parameters Advances GNPA GNPA% Advances GNPA GNPA% Advances GNPA GNPA% 1 Retail Loans 259363 3311 1.28% 281988 27

  33. Slide 33: NPA Classification - Industry Wise

    Asset Digitalization/ HR/Network ESG/ Highlights Business Financial Share/Capital Quality Analytics /GB/RRB Award Amt ₹ in Crore NPA Classification- Industry Wise Mar’25 Dec’25 Mar’26 Sl. Diversified Industry Portfolio O/s GNPA GNPA % O/s GNPA GNPA % O/s GNPA GNPA % 1 Infrastructure 103331 1140 1.1%

  34. Slide 34: Exposure to NCLT (Admitted) Accounts & NARCL

    Asset Digitalization/ HR/Network ESG/ Highlights Business Financial Share/Capital Quality Analytics /GB/RRB Award Amt ₹ in Crore Exposure to NCLT (Admitted) Accounts & NARCL NCLT Sl. Parameters Accounts Balance Provision PCR% NARCL 1 RBI list 1 2 2760 2760 100.00% 2 RBI list 2 9 4004 4004 100.00% No

  35. Slide 35: Shareholding and Ratings

    Share/ Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Shareholding and Ratings PNB’s Rating Shareholding as on 31.03.2026 Total No. of Shares: 1149.29 Crores Moody’s Fitch PNB’s Rating - PNB’s Rating - 0.99% 1.00% 0.97% Baa3/P-3/ Stable BB

  36. Slide 36: Capital Adequacy

    Share/ Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Capital Analytics /GB/RRB Award Amt ₹ in Crore Capital Adequacy Capital & CRAR Sl. Parameters Mar’25 Dec’25 Mar’26 1 Total Capital (Tier 1+2) 140755 147410 159897 CRAR % 17.01% 16.77% 17.74% CRAR % Out of Which, 2 Tie

  37. Slide 37: Augmenting Digital Base

    Share/ Digitalization HR/Network ESG/ Highlights Business Financial Asset Quality Capital /Analytics /GB/RRB Award Augmenting Digital Base Share of Digital Transaction Digital Transactions UPI Transactions (Q4, FY 2025-26) (in Crores) (in Crores) 337 323 277 267 Q4 Q4 Q4 Q4 FY 25 FY 26 FY 25 FY 26 W

  38. Slide 38: Progress Under Major Digital Offerings - Digital Lending

    Share/ Digitalization 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 – Q4 FY 26 ₹ 5647.65 Crores RETAIL (139675 Accounts) 1. D

  39. Slide 39: Progress Under Major Digital Offerings

    Share/ Digitalization 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 ✓ Open Flexi RD through Retail ➢ UPI in PNB One Biz Internet Banking ➢

  40. Slide 40: Empowering Decisions with Advanced Analytics

    Share/ Digitalization HR/Network ESG/ Highlights Business Financial Asset Quality Capital /Analytics /GB/RRB Award Empowering Decisions with Advanced Analytics ‘Project Netra’-360 view of borrower network at Default Evaluating cross-entity linkages to foresee and mitigate potential cascading impacts

  41. Slide 41: HR Transformation

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics /GB/RRB Award HR Transformation Driving Organisational Growth and Objective Performance Evaluation 1. The Framework: Precision & Agility 2. The Engine: Data–Driven Automation 3. The Governance Shield

  42. Slide 42: Distribution Network

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics /GB/RRB Award As on 31.03.2026 Distribution Network Total Touch Points :- 54,703 International Presence Branches at:- Dubai and Gift City, Gandhinagar Branches Subsidiaries:-London(UK) and Bhutan (Dom

  43. Slide 43: Group Structure of the Bank

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics /GB/RRB Award Group Structure of the Bank PNB Subsidiaries Associates & Joint Venture Domestic Foreign Domestic RRB Foreign 35% stake in each one:- 1. PNBIL, London - 1. PNB Cards & Services 100% 1. P

  44. Slide 44: Performance of Subsidiaries, Associates, Joint Venture & RRBs

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/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 Pro

  45. Slide 45: ESG Highlights

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics /GB/RRB Award ESG Highlights Environmental Social Governance • Green Tariff adoption completed in 22 • PNB has been honored with Institutional • PNB has been honored with the Golden branches/offices a

  46. Slide 46: ESG – Green Initiatives

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics /GB/RRB Award ESG – Green Initiatives Awarded with Happy Target to achieve Net Zero PNB Digi CRG (Credit Risk Guarantee) Employer Brand 2025 at the (Scope 1, 2, 3 emissions) by Home Loan to provide ea

  47. Slide 47: ISO 9001:2015 Certified Divisions

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics /GB/RRB Award ISO 9001:2015 Certified Divisions Board & Strategic Human Resources Coordination Management & Training & Economic Advisory Stressed Information Asset Technology Management Digital Bankin

  48. Slide 48: Rewards & Accolades

    Digitalization/ HR/Network ESG/ Highlights Business Financial Asset Quality Share/Capital Analytics /GB/RRB Award Rewards & Accolades वित्तीय सेिाए विभाग द्िारा पीएनबी को Tech-Driven Operational Excellence Award Data Innovation Awards 2026 in Sustainable राजभाषा कायाान्ियन हे तु प्रथम परु ्कार (Silv

  49. Slide 49: Guidance vs Actuals for FY'26 & Guidance for FY'27

    Guidance vs Actuals for FY’26 & Guidance for FY’27 Parameters Guidance for FY’26 Actuals for FY’26 Guidance for FY’27 Credit Growth % (YoY) 11% - 12% 12.7% 12%-13% Deposit Growth % (YoY) 9% - 10% 9.2% 9%-10% CASA Share % > 38% 37.0% 38% Operating Profit Gr % (YOY) 8%-9% 9.2% 9%-10% Net Interest Inco

  50. Slide 50: 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

  51. Slide 51: Thank you

    4,09,467 32,75,044 2,21,855 48,920 4,69,443 Thank you 10,07,910

Punjab National Bank — Q4 FY2026 Earnings Presentation on 6ix