Union Bank of India vs Punjab National Bank
An objective side-by-side of UNIONBANK and PNB, both in Banks - Public Sector: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: UNIONBANK Jun 2026 · PNB Jun 2026
At a glance
- Union Bank of India is the larger company by market value, about 1.0 times the size of Punjab National Bank.
- On trailing earnings, Punjab National Bank trades at the lower P/E (6.1 against 6.6).
- Union Bank of India earns the higher return on equity (15.5% against 14.7%).
- Over three years Punjab National Bank has grown profits faster (76% a year against 32%).
- Over the past year the share prices returned +32.3% (UNIONBANK) and +8.8% (PNB).
| Metric | Union Bank UNIONBANK |
Punjab National PNB |
|---|---|---|
| Size and price | ||
| Market cap | ₹135,947 Cr | ₹135,617 Cr |
| Share price | ₹178.09 | ₹118.00 |
| Valuation | ||
| P/E | 6.59 | 6.14 |
| P/B | 1.02 | 0.90 |
| PEG | 0.21 | 0.08 |
| Dividend yield | 2.8% | 2.5% |
| Profitability | ||
| ROE | 15.5% | 14.7% |
| Operating margin | 11.5% | 10.2% |
| Sales (TTM) | ₹129,552 Cr | ₹149,418 Cr |
| Net profit (TTM) | ₹20,644 Cr | ₹22,094 Cr |
| Growth | ||
| Latest quarter sales YoY | +1.0% | -0.1% |
| Latest quarter profit YoY | +27.4% | +168.3% |
| Sales CAGR 3Y | +10.0% | +15.0% |
| Profit CAGR 3Y | +32.0% | +76.0% |
| Sales CAGR 5Y | +9.0% | +10.0% |
| Profit CAGR 5Y | +47.0% | +48.0% |
| Financial strength | ||
| Gross NPA (banks) | 2.7% | 2.8% |
| Ownership | ||
| Promoter holding | 74.8% | 70.1% |
| Promoter change (4 qtrs) | +0.00 pp | +0.00 pp |
| Price performance | ||
| Return 1M | -3.57% | +0.00% |
| Return 3M | +0.83% | +7.47% |
| Return 1Y | +32.27% | +8.75% |
| Return YTD | +15.82% | -4.52% |
| Technical condition | ||
| Technical score | 47 | 71 |
| RS rating (1-99) | 66.00 | 61.00 |
| % vs 200-DMA | +2.86% | +2.93% |
| RSI (14) | 44.46 | 58.93 |
| % from 52-week high | -13.33% | -12.69% |
