PNB's Strong Q3 Forecast Amid Rising Treasury and Net Interest Margins
Punjab National Bank forecasts a Rs 1,500 crore treasury income for Q3, alongside improvements in net interest margins. With a reported 14% rise in quarterly net profit and enhanced asset quality, the bank aims for a 5 to 10 basis points improvement in NIM, targeting a 2.8-2.9% range by FY26.
- Country:
- India
Punjab National Bank (PNB) has projected a treasury income of about Rs 1,500 crore for the third quarter, signaling an optimistic outlook for improved net interest margins.
Led by Managing Director and CEO Ashok Chandra, PNB reported a 14 per cent increase in standalone net profit, reaching Rs 4,904 crore for the quarter ending September 30, 2025, compared to Rs 4,303 crore in the corresponding period of the previous year.
Asset quality improvements were evident, with gross NPAs decreasing to 3.45 per cent from 4.48 per cent, while net NPAs fell to 0.36 per cent from 0.46 per cent. PNB's provision coverage ratio also improved, demonstrating resilience in financial performance.
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