The PNB share price target from 2024 to 2030 is a topic of great interest for investors and market analysts. We’ll analyze market trends, financial performance, and expert predictions to provide a clear picture of where PNB’s stock might be headed.
Whether you’re an investor or just curious about the bank’s future, this guide will provide valuable insights into what to expect from PNB’s share price in the coming years. This article examines the future share price targets of Punjab National Bank (PNB) from 2024 to 2030.
History Of PNB:
Punjab National Bank (PNB), established on April 12, 1895, in Lahore, was the first Indian Swadeshi bank. It began with an authorized capital of Rs. 2 lakh and a working capital of Rs. 20,000. Notably, PNB was the first bank to be founded with a nationalist spirit, entirely owned and managed by Indians. Over the years, PNB has merged with nine other banks. The bank had 43,468 delivery channels as on September 2022 which includes domestic branches of (21 Nationalised Banks), international branch(s) and ATMs offsite ATM, online banking offices etc. It has a large network of over10k long reach posts in rural areas if you include the business correspondents.).
Established in 1894, PNB has seen India’s financial landscape change over time. Starting small, it has become a strong and reliable bank, known for its honesty, transparency, and focus on customers. With a rich history, PNB remains a trusted name in banking. It has always been a bank for the people. Throughout its history, at least nine banks have merged with PNB.
PNB Fundamentle Data:
| Basic EPS (Rs.) | ₹8.27 |
| Diluted EPS (Rs.) | ₹8.27 |
| Cash EPS (Rs.) | ₹8.39 |
| Book Value [ExclRevalReserve]/Share (Rs.) | ₹92.71 |
| Book Value [InclRevalReserve]/Share (Rs.) | ₹100.25 |
| Operating Revenue Per Share | ₹99.05 |
| Market Cap | ₹1,35,721.78 Cr. |
| P/E | ₹16.46 |
| P/B | ₹1.38 |
| Face Value | ₹2 |
| 52 Week High | ₹142.90 |
| 52 Week Low | ₹52.00 |
Graph Of PNB Share Price Target From 2024 to 2030:
The share price target of Punjab National Bank (PNB) from 2024 to 2030 is a topic of keen interest for investors. As one of India’s oldest and largest public sector banks, PNB’s share price is influenced by various factors including economic trends, government policies, and the bank’s financial performance. From 2024 to 2030, analysts expect the share price to fluctuate based on these factors. Strong economic growth and positive policy changes could boost the share price, while economic downturns or financial challenges could lead to declines. By closely monitoring these elements, investors can gain insights into PNB’s potential share price movements over the next several years, aiding in informed investment decisions.
.jpg)
Read More: GVK Power Share Price Target 2024,2025,2026,2027,2028,2030 And 2035 (Full Information)
PNB Share Price Target 2024:
Punjab National Bank (PNB) is an Indian government-owned bank with 80 million customers. It has over 10,781 ATMs in 765 cities across India. PNB provides a range of loans, including housing, educational, vehicle, and personal loans. Housing loans are available for both government employees and the general public. Additionally, the bank offers personal loans through schemes such as the Public Personal Loan Scheme and a loan scheme for pensioners.
| Year | Share Price Target (24) |
| 1st Price Target | 119.62 |
| 2nd Price Target | 181.12 |
The company’s net profit grew from ₹2,647.89 Crore in March 2023 to ₹8,356.74 Crore in March 2024. Operating expenses were ₹6,789.45 Crore in December 2023 and rose to ₹8,745.99 Crore in March 2024. For the PNB share price target in 2024, the first target is ₹119.62 and the second target is ₹181.12.
Read More: GVK Power Share Price Target 2024,2025,2026,2027,2028,2030 And 2035 (Full Information)
PNB Share Price Target 2025:
PNB Bank offers loans to farmers through programs like the Agriculture Loan Scheme, Digital Agriculture Loan Products, and Central Agricultural Loan Scheme. They also provide vehicle loans for government employees and the general public. The PNB Sarathi Scheme offers loans for two-wheelers like motorcycles and scooters, while the PNB Power Ride Scheme is specifically for new two-wheelers.
| Year | Share Price Target (25) |
| 1st Price Target | 203.44 |
| 2nd Price Target | 288.90 |
The company’s Return on Equity (ROE) hasn’t been very strong. It was 3.95% over the last 5 years, dropped to 5.74% over the last 3 years, and then rose to 8.96% in the past year. Despite this, the company is old and trustworthy, with a promoter holding of 73% to 74%, indicating that many good investors want to invest in its shares. For Punjab National Bank’s share price target in 2025, the first target is ₹203.44, and the second target is ₹288.90.
PNB Share Price Target 2027:
PNB offers online banking through PNB Retail Internet Banking, allowing anyone to use banking services via the Internet. With Internet Banking, customers can open new accounts, use Positive Pay Services, change account types, and switch home branches. The E-Statement service lets customers view their account transaction details online.
| Year | Share Price Target (27) |
| 1st Price Target | 388.12 |
| 2nd Price Target | 452.32 |
Over the past five years, the Net Interest Margin (NIM) of the company was 2.48%, which increased to 2.54% in the last three years but declined to 2.17% in the past year. The Return on Assets (ROA) percentage has shown moderate performance: over the last five years, share growth was 0.35%, remaining unchanged in the last three years, and increasing to 0.68% in the past year. Looking ahead toPunjab National Bank’s Share Price Target for 2027, forecasts suggest a first target of ₹388.12 and a second target of ₹452.32.
Read More: GSFC Share Price Target 2024, 2025, 2027, 2030, 2040
PNB Share Price Target 2030:
PNB offers life insurance and general insurance services. It has partnered with five insurance companies like Oriental Insurance Co. Ltd, Care Health Insurance Ltd, Star Health and Allied Insurance Corporation Ltd, and others. The Government of India took control of PNB in 1969. PNB also provides pension services for various sectors including Central Civil, Defence, Telecom, State Government, Postal, and more.
| Year | Share Price Target (30) |
| 1st Price Target | 626.96 |
| 2nd Price Target | 705.32 |
In 2023, the company’s net revenue was ₹30,456.89 crore, which increased to ₹33,145.23 crore by March 2024. Over the past 5 years, the company’s Net NPA percentage was 3.96%, which reduced to 2.75% over the last 3 years, and further dropped to 0.75% in the last year. Looking ahead to the Punjab National Bank’s Share Price Target for 2030, the first target price is ₹626.96, and the second target is ₹705.32.
Shareholding Pattern of Punjab National Bank
|
|
March (22) |
March(23) |
March(24) |
|
Foreign institutional investors (FIIs) |
1.36% |
1.71% |
4.82% |
|
Domestic Institutional Investors (DIIs) |
11.60% |
13.53% |
12.37% |
|
Promoters |
73.15% |
73.15% |
73.15% |
|
Public |
13.89% |
11.61% |
9.67% |
|
Number Of Share Holders |
19,50,659 |
20,67,202 |
23,53,625 |
Pros And cones of the Punjab National Bank
Pros
- Punjab National Bank is the government Bank and has a vast network across the country
- The Bank is a public sector bank and has the full support of the government for its investors
- Since The last five years, the Bank has improved its profit, which is 24.2% CAGR
- If we take a look at dividends, the Bank has successfully maintained a payout of 19.2% for the last few years
Cons
- The Bank has faced various issues in maintaining capital.
- The Bank has faced the issue of NPA, which is very high and affects the profitability of the Bank, its ROA, and ROE, which has been 5.40% in the last three years.
Final Report:
In conclusion, the projected share price targets for Punjab National Bank (PNB) from 2024 to 2030 reflect a cautiously optimistic outlook based on its improving financial metrics and market conditions. With a steady increase in net revenue and a significant reduction in Net NPA percentage over recent years, PNB appears poised for growth. The first target price of ₹626.96 and the second target of ₹705.32 by 2030 suggest investor confidence in the bank’s future performance. However, potential risks such as economic fluctuations and regulatory changes could impact these forecasts. Investors are advised to monitor PNB’s financial health and market dynamics closely to make informed investment decisions aligned with their risk tolerance and financial goals.
Disclaimer
Dear readers, the information provided in this article is only for educational purposes; data used in this blog post may change over time. Note that we are not any SEBI registered financial advisor and do not provide any financial advice. This post should not be considered any financial advice. Investing in stock assets may involve financial risks; please seek the advice of any certified financial advisor before investing.
FAQ:
What will be the price of PNB shares in 2030?
The target share price for PNB in 2030 is expected to be between ₹630.54 and ₹700.26.
What is the future target for PNB?
The target share price for PNB is projected to be 160.78 INR in 2026 and 157.31 INR in 2027.
How are PNB shares for the long term?
Over the past three years, PNB has proven to be a strong performer. The stock has delivered multibagger returns, surging over 123 percent. In comparison, Axis Bank has increased by around 85 percent.
Will PNB’s share price increase in 2024?
The share price of Punjab National Bank (PNB) is expected to exhibit a bullish trend next month. Estimates indicate that the share price could range between ₹80.82 and ₹107.33 from January to December 2024.