One of India’s largest public sector banks, PNB Bank has a significant position in the domestic banking sector. Over the years, the bank has steadily increased operations while also enhancing its financial performance, which has been reflected in the share price. Investors are interested in learning about PNB Bank’s share price objective for the coming years because the Indian economy is beginning to show signs of recovery and the banking industry is primed for expansion. In this article, we will examine the variables that could have an impact on PNB Bank’s share price in the future and offer a target range for investors to take into account.
PNB Q3FY24 Results: Net profit up 253% YoY to ₹2,223 crore; NII grows 12.1%
- PNB’s Q3 FY24 standalone net profit surged by 253% year-on-year to ₹2,223 crore.
- Net interest income (NII) witnessed a robust growth of 12.13% year-on-year, reaching ₹10,293 crore.
- Operating expenses decreased, while pre-provision operating profit (PPoP) showed a significant 10.75% year-on-year growth.
- Provisions saw a notable decline of 41.8% year-on-year, contributing to the bank’s strong performance.
- Asset quality improved, with GNPA ratio decreasing by 352 basis points and NNPA ratio decreasing by 234 basis points year-on-year.
- The provision coverage ratio and slippage ratio also demonstrated positive improvements.
- PNB reported growth in global deposits and advances, with core retail and MSME segments showing notable increases.
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PNB Share Price Target 2024
| When | Maximum Price | Minimum Price |
| April 2024 | 146.30 | 127.22 |
| May 2024 | 144.14 | 125.34 |
| June 2024 | 149.33 | 129.85 |
| July 2024 | 147.83 | 128.55 |
| August 2024 | 153.75 | 133.69 |
| September 2024 | 159.90 | 139.04 |
| October 2024 | 156.76 | 136.31 |
| November 2024 | 163.03 | 141.77 |
| December 2024 | 164.66 | 143.18 |
In April 2024, it is projected that the maximum price of PNB Bank will be 146.30, indicating a potential bullish trend, while the minimum price is expected to be 127.22, suggesting potential support levels for investors. Moving forward to December 2024, it is anticipated that the maximum price will rise to 164.66, showcasing continued upward momentum, whereas the minimum price is forecasted to be 143.18.
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PNB Share Price Target 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 181.13 | 139.33 |
| February 2025 | 182.96 | 140.74 |
| March 2025 | 186.80 | 143.69 |
| April 2025 | 184.95 | 142.27 |
| May 2025 | 179.56 | 138.13 |
| June 2025 | 187.64 | 144.34 |
| July 2025 | 183.97 | 141.51 |
| August 2025 | 189.65 | 145.89 |
| September 2025 | 191.93 | 147.64 |
| October 2025 | 196.92 | 151.48 |
| November 2025 | 201.84 | 155.26 |
| December 2025 | 210.93 | 162.25 |
As we step into January 2025, the maximum price of PNB Bank is poised to reach 181.13, signaling a potential uptrend, while the minimum price is expected to settle around 139.33, providing a foundation for potential market corrections. Progressing through the months, by December 2025, the maximum price is projected to soar to 210.93, indicating sustained bullish sentiment, with the minimum price forecasted to stabilize at 162.25, suggesting robust support levels for the stock’s valuation. Throughout the year, PNB Bank is anticipated to exhibit resilience and potential growth, offering opportunities for investors to navigate the dynamic market landscape.
PNB Share Price Target 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 217.25 | 167.12 |
| February 2026 | 222.83 | 171.40 |
| March 2026 | 231.52 | 178.09 |
| April 2026 | 226.98 | 174.60 |
| May 2026 | 220.36 | 169.51 |
| June 2026 | 230.28 | 177.14 |
| July 2026 | 225.77 | 173.67 |
| August 2026 | 232.75 | 179.04 |
| September 2026 | 240.89 | 185.30 |
| October 2026 | 247.16 | 190.12 |
| November 2026 | 253.34 | 194.87 |
| December 2026 | 259.67 | 199.75 |
PNB Share Price Prediction 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 264.86 | 203.74 |
| February 2027 | 271.65 | 208.97 |
| March 2027 | 282.25 | 217.12 |
| April 2027 | 276.72 | 212.86 |
| May 2027 | 268.66 | 206.66 |
| June 2027 | 280.75 | 215.96 |
| July 2027 | 275.24 | 211.72 |
| August 2027 | 283.75 | 218.27 |
| September 2027 | 293.68 | 225.91 |
| October 2027 | 301.32 | 231.78 |
| November 2027 | 308.85 | 237.58 |
| December 2027 | 316.57 | 243.52 |
PNB Share Price Target 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 322.91 | 248.39 |
| February 2028 | 331.19 | 254.76 |
| March 2028 | 344.10 | 264.69 |
| April 2028 | 337.35 | 259.50 |
| May 2028 | 327.53 | 251.95 |
| June 2028 | 342.27 | 263.28 |
| July 2028 | 335.56 | 258.12 |
| August 2028 | 345.93 | 266.10 |
| September 2028 | 358.04 | 275.42 |
| October 2028 | 367.35 | 282.58 |
| November 2028 | 376.53 | 289.64 |
| December 2028 | 385.95 | 296.88 |
PNB Share Price Prediction 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 393.67 | 302.82 |
| February 2029 | 403.76 | 310.59 |
| March 2029 | 419.51 | 322.70 |
| April 2029 | 411.28 | 316.37 |
| May 2029 | 399.30 | 307.16 |
| June 2029 | 417.27 | 320.98 |
| July 2029 | 409.09 | 314.68 |
| August 2029 | 421.74 | 324.42 |
| September 2029 | 436.50 | 335.77 |
| October 2029 | 447.85 | 344.50 |
| November 2029 | 459.05 | 353.11 |
| December 2029 | 470.52 | 361.94 |
PNB Share Price Prediction 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 479.94 | 369.18 |
| February 2030 | 492.24 | 378.65 |
| March 2030 | 511.44 | 393.41 |
| April 2030 | 501.41 | 385.70 |
| May 2030 | 486.81 | 374.47 |
| June 2030 | 508.71 | 391.32 |
| July 2030 | 498.74 | 383.64 |
| August 2030 | 514.16 | 395.51 |
| September 2030 | 532.16 | 409.35 |
| October 2030 | 545.99 | 420.00 |
| November 2030 | 559.64 | 430.50 |
| December 2030 | 573.64 | 441.26 |
As we step into January 2030, PNB Bank’s maximum price is expected to reach 479.94, indicating a potential bullish trend, while the minimum price is projected to be 369.18, suggesting support levels for investors. Moving through the months, by December 2030, the maximum price is anticipated to surge to 573.64, showcasing sustained upward momentum, with the minimum price stabilizing at 441.26, indicating strong support levels. Throughout the year, PNB Bank is poised to demonstrate resilience and growth.
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FINANCIAL STRENGTH OF PNB (2019 TO 2023)
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
| Revenue | 52,147 | 54,918 | 81,935 | 76,242 | 86,845 |
| Interest | 34,656 | 36,997 | 50,805 | 46,823 | 51,817 |
| Expenses + | 39,645 | 25,867 | 38,601 | 36,026 | 41,502 |
| Financing Profit | -22,153 | -7,946 | -7,470 | -6,607 | -6,473 |
| Financing Margin % | -42% | -14% | -9% | -9% | -7% |
| Other Income + | 7,367 | 9,388 | 12,777 | 12,329 | 12,529 |
| Depreciation | 584 | 614 | 982 | 896 | 905 |
| Profit before tax | -15,370 | 827 | 4,325 | 4,826 | 5,151 |
| Tax % | 35% | 56% | 38% | 19% | 35% |
| Net Profit + | -9,550 | 485 | 2,695 | 3,908 | 3,359 |
| EPS in Rs | -20.79 | 0.65 | 2.45 | 3.51 | 3.04 |
| Dividend Payout % | 0% | 0% | 0% | 18% | 21% |
PNB’s financial data from March 2019 to March 2023 reveals a positive trajectory in revenue, increasing from 52,147 crores to 86,845 crores. While interest expenses and overall costs grew, financing profit improved from -22,153 crores to -6,473 crores, with a reduced financing margin. Other income, representing non-interest revenue, diversified from 7,367 crores to 12,529 crores. Profit before tax showed a significant turnaround, reaching 5,151 crores in March 2023. Net profit increased from -9,550 crores to 3,359 crores, and EPS rose from -20.79 to 3.04. Despite fluctuations, the tax percentage lowered to 19%, and the dividend payout percentage increased from 0% to 21%. Overall, PNB appears to be navigating challenges and improving its financial performance.
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FAQ’s
What is the maximum share price target of PNB in 2025?
The maximum share price target of PNB is expected to reach ₹210.93 by the end of 2025.
What is the share price target of PNB in 2030?
PNB is projected to trade in a range between ₹369.18 to ₹573.64 in 2030.
What is the current market cap of PNB?
CONCLUSION: PNB Share Price Target
The company’s income growth, PAT, revenue growth, and profit growth have fluctuated during the past five years, according to PNB Bank’s financial records. PAT growth has been fairly spectacular, demonstrating a significant increase, while the company’s overall income growth has decreased in the current financial year. The bank’s income and profit growth, however, have fluctuated during the previous few years. Also, the bank has made significant provisions and contingencies, which could have an impact on the company’s future profitability.
Consequently, it is crucial to make a thorough research of the company’s financial statements, performance indicators, and market trends before investing in PNB Bank shares.
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