The shares of Punjab National Bank (PNB) declined 3% to Rs 104 on the BSE on Friday after the public lender released its Q1 FY27 business update, reporting a 12.85% year-on-year (YoY) rise in global advances to Rs 12.75 lakh crore.On Thursday, PNB released the business update, for the April-June quarter of the ongoing financial year 2027. While global advances grew around 13% YoY from Rs 11.30 lakh crore in the corresponding quarter of the previous financial year, sequentially they grew over 1% from Rs 12.59 lakh crore reported in the January-March quarter of FY26. Domestic advances meanwhile grew around 12% YoY to Rs 12.06 lakh crore.The PSU lender's global deposits rose 8.52% YoY to Rs 17.25 lakh crore, while domestic deposits rose 8.6% to Rs 16.70 lakh crore during the quarter under review. Its overall global business recorded more than 10% YoY rise to nearly Rs 30 lakh crore, while its domestic business also grew around 10% to Rs 28.76 lakh crore.PNB’s global CD ratio improved to 73.92% in Q1 FY27 from 71.09% in Q1 FY26. It is important to note that these are provisional numbers, and the actual earnings are subject to audit.Also Read | Motilal Oswal's top 4 banking picks ahead of Q1 earnings season. Do you own any?PNB share pricePNB shares have fallen around 1% in one week but gained 1% in one month. The stock has overall fallen around 14% in 2026 so far.In the longer term, the shares of the public lender dropped over 3% in one year but gained 98% in three years and 154% in five years. The company has a market capitalisation of nearly Rs 1.23 lakh crore.PNB earnings snapshotPNB in May reported a net profit of Rs 5,225 crore for the fourth quarter of FY26, making a 14% year-on-year (YoY) rise compared with Rs 4,567 crore reported in the same quarter last year.The state lender's net interest income (NII) declined nearly 4% YoY to Rs 10,380 crore from Rs 10,757 crore a year ago. Asset quality improved on a sequential basis, with gross NPAs at 2.95% compared with 3.19% in the previous quarter, while net NPAs stood at 0.29% versus 0.32%.Also Read | PNB Q4 Results(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
PNB shares decline 3% after Q1 business update; global business nears Rs 30 lakh crore
Punjab National Bank's Q1 FY27 business update reveals a robust 12.85% year-on-year surge in global advances, reaching Rs 12.75 lakh crore. Deposits also saw a healthy 8.52% rise. The bank's overall global business crossed Rs 30 lakh crore, marking over a 10% YoY increase. These positive trends are set to keep PNB shares in the spotlight.









