Is Punjab National Bank a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Punjab National Bank and arrived at the following conclusion.

Is the current market price of Punjab National Bank a good price to buy it?

The 5-year analysis of Punjab National Bank's performance infers.

What is Punjab National Bank share price return in the past 10 years?

We analysed the performance of Punjab National Bank share prices over the last 10 years. Here is what we found out:

What is a Financial Track Record? How to read this chart in order to understand the data present here?

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Punjab National Bank

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

What is CAGR? What does CAGR table indicate for Punjab National Bank?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

PNB’s board gives in-principle approval for merger with OBC, United Bank

Punjab National Bank | Bank - Public | BFSI | BSE: 532461 | NSE: PNB

05 Sep 2019

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Punjab National Bank's (PNB) board has considered and decided to give its in-principle approval for amalgamation of the Oriental Bank of Commerce (OBC) and United Bank of India into bank.

Further, the Board has also approved the capital infusion of upto Rs 18,000 crore by Government of India for preferential allotment of equity shares of PNB. The Board of Directors of the Bank at its meeting held on September 5, 2019 have considered and decided the same.

PNB is one of the oldest banks in India having a virtual presence in every important center of the country. The Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance.