Punjab National Bank (PNB) Share Price Predictions: 2024, 2025, 2026, and 2030

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PNB Share Price Target: A Detailed Analysis

Punjab National Bank (PNB), India’s first Swadeshi Bank, commenced its operations on April 12, 1895. It was established with an authorized capital of ₹2 lakh and a working capital of ₹20,000. Today, PNB is an Indian public sector bank based in New Delhi and is the third-largest public sector bank in India in terms of its business volumes. It has over 180 million customers, 12,248 branches, and 13,000+ ATMs. Now, let's dive into the future prospects of PNB shares.

PNB Share Price Target 2024

According to the results of the second quarter of the bank which came in September 2023, the interest earned in the bank was Rs 26,354.92 crore, in which the company had achieved a net profit of Rs 1756 crore. This shows a significant growth of the bank since the previous quarter. If the company continues to grow at this pace, then in 2024, the first target of PNB share price can go up to Rs 120 and the second target can reach Rs 150.

PNB Share Price Target 2025

In terms of long-term returns, bank shares have not yielded substantial returns. The bank has given returns of 4% in the last 5 years, 42% returns in the last 3 years, and 72% returns in the last 1 year and the last 6 months. In 2025, the company has given returns of 75% to the investors, indicating that the bank is currently growing. Under this growth, its first target can go up to Rs 175 and the second target can reach Rs 200 in 2025.

PNB Share Price Target 2026

The profit growth of the company for the last 3 years has been recorded at 95.37%. Along with this, the advance growth of the company for the last three years has been recorded at 20.76%, and the total deposit of the company is recorded at 41.99%. This indicates that the company is currently growing well. If the company presents similar figures in the future, then in PNB share price Target 2026, its first target can go up to Rs 250 and the second target can reach Rs 275.

PNB Share Price Target 2030

The holding of the promoters of the company is recorded at 73.15%, then DII has 13.8%, Public has 10.4%, FII has 2.65%. The holding of the promoters of the company is 73.15%, which is quite good. If the company is successful in increasing or maintaining it in the future, then its first target in PNB share price Target 2030 can go up to Rs 700 and the second target can reach Rs 750.

PNB Share Bank's Strength

  • The promoters' holding of the company is recorded at 73.15%, which is quite good.
  • The bank has given returns of 72% in the last 1 year.
  • The company's profit growth in the last three years has been 95.37%.

PNB Share Bank Weakness

  • The company's ROA track record for the last 3 years is 0.21%.
  • The ROE for the last 3 years is 3.22%.
  • The NPA of the company is high, which is recorded at 4.42% in the last 3 years.
Please note that these are just predictions based on the current growth and performance of the company. The actual share price may vary due to various market factors. Always do your own research or consult with a financial advisor before making any investment decisions..

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