# Punjab National Bank shares saw a significant jump on Wednesday.

*fintech · news · 2026-05-06 · The Economic Times*

## Key points

- Punjab National Bank reported a 14% rise in net profit to Rs 5,225 crore in Q4 FY26.
- Net interest income declined nearly 4% year-on-year, while asset quality improved sequentially.
- Brokerages maintained 'Buy' ratings on PNB, but all reduced their target prices.
- Jefferies noted profit beat was due to reversals in retirement benefits and provisions, despite weaker NII.

**Companies:** Punjab National Bank
**Countries:** India

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/pnb-shares-jump-4-after-q4-results-but-jefferies-motilal-other-brokerages-are-cutting-target-prices-heres-why/articleshow/130844856.cms)

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