fintech / news / / The Economic Times
Punjab National Bank shares saw a significant jump on Wednesday.
Punjab National Bank reported a 14% rise in net profit to Rs 5,225 crore in Q4 FY26.
KEY POINTS
- 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
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