New Delhi, May 5 -- Punjab National Bank (PNB) on Tuesday reported its highest-ever annual net profit of Rs 16,904 crore for FY'26, marking a 1.6 per cent year-on-year growth, while Q4 FY'26 net profit jumped 14.4 per cent YoY to Rs 5,225 crore from Rs 4,567 crore a year ago. The performance was driven by improved asset quality, higher operating profit and steady business expansion.

According to a press release by the bank, its operating profit for FY'26 rose 9.2 per cent YoY to Rs 29,290 crore, with Q4 FY'26 operating profit increasing 10.7 per cent YoY to Rs 7,500 crore from Rs 6,776 crore in Q4 FY'25. Return on Assets improved 4 basis points to 1.06 per cent in Q4 FY'26, reflecting better earnings efficiency.

The bank made significan...