Current Canara Bank Share Price
The current share price of Canara Bank on the National Stock Exchange of India (NSE) is Rs 98.11, as recorded at 10:04:13 IST on 2nd May 2025. The stock has shown a gain of 0.71% compared to its previous closing price of Rs 97.42.
For the most current, regularly updated Canara Bank share price, please refer to the live ticker section located above on this page. That section provides a real-time CANBK share price summary, including the day's high of Rs 98.97, the day's low of Rs 97.19. The 52-week high is Rs 128.90 and the 52-week low is Rs 78.60.
Canara Bank Share Returns Performance
- 1 Week: -2.01% (Data as of 1st May 2025)
- 1 Month: +8.28% (Data as of 30th April 2025)
- 3 Months: +5.21% (Data as of 30th April 2025)
- 1 Year: -21.66% (Data as of 30th April 2025)
- 5 Years: +454.32% (Data as of 30th April 2025)
The short-term returns show a slight negative trend over the past week but positive returns over the last month and three months. The one-year return indicates a significant decline, while the five-year performance demonstrates substantial long-term growth. As detailed in the interactive charts and data section above on this webpage, you can explore the share price chart and analyse its returns generated over various specific time frames, such as one week, one month, six months, one year, three years, and five years.
Latest News Impacting Canara Bank Share Price
- Board Meeting for Q4 Results and Dividend: Canara Bank has scheduled a board meeting on 8th May 2025 to consider and approve the financial results for the fourth quarter and the fiscal year ending March 2025. The board will also consider recommending a dividend. This upcoming event can influence investor sentiment and the share price.
- Block Trade on NSE: On 26th April 2025, a block trade involving a significant number of Canara Bank shares was executed on the National Stock Exchange. Such large transactions can sometimes lead to short-term price volatility as the market absorbs the traded volume.
- Analyst Ratings: Recent analyst reports indicate a generally positive outlook on Canara Bank, with a significant percentage of analysts recommending a 'Buy' rating. The average target price from analysts suggests a potential upside for the stock. However, individual target price revisions and commentary on factors like asset quality can also impact the share price.
Conclusion on Canara Bank Stock Price
The current price of Canara Bank shares shows a modest gain today. The mixed returns performance, with short-term gains contrasting with a one-year decline but strong long-term growth, suggests a period of volatility. Upcoming financial results and dividend announcements, along with analyst sentiment, will likely play a crucial role in the Canara Bank share price outlook in the near term.
Interest income of Canara Bank
In Q2 FY25 with ending September 2024 the interest earned of the Canara Bank was Rs 29,740.07 crore as compared to the previous year Q2 FY24 was Rs 26,837.68 crore which shows a good increase of 10.8%. Sequentially, there was an increase in interest income by 3.6 % over the previous quarter and 3.8 % over Rs 28,701.35 crore of the first quarter of FY:2022-23.
Net Profit and Margins of the Canara Bank
The operating profit in Q2 FY25 was Rs 2,557 crore, lower than Rs 3,057 crore in Q2 FY24 and Rs 3,008 crore in the immediate previous quarter, while net profit stood at Rs 4,014.53 crore in Q2 FY25 compared to Rs 3,606.14 crore in Q2 FY24 and Rs 3,905.28 crore in Q1 FY25. The Net Profit Margin (NPM) was recorded at 13.50%, it suggested that the performance was consistently made in contrast to the second quarter of the FY24 was 13.44% a little declined from 13.61% of first quarter of the FY25. They are a testimony to the level of costs having been well managed and earnings’ volatility having been well addressed.
Canara Bank Asset Quality
Applying stress on the improvement of asset quality, the bank has been successful in reducing Net NPA ratio of Rs 0.99% for the Q2 FY25 as against 1.41% of the Q2 FY24 which was a positive sign of strengthening the risk management system. The Gross NPA ratio also came down to 3.73 % as against 4.76% for the corresponding period of last year which supports the bank’s strategy on maintaining a clean Loan Portfolio.
Canara Bank Operating expenses and Provisions
The operating expenses of the bank for Q2 FY25 were Rs 6,642.37 crore compared to Rs 5,921.91 crore last year, but lower than Rs 6,869.01 crore in the previous quarter, showing an efficient cost control. Total provisions declined to Rs 2,251.29 crore, from Rs 2,607.95 crore, in Q2 FY24, reflecting reduced provisioning for the betterment in asset quality.
The following analysis of Canara Bank accounts for the company’s standalone quarterly performance, profit resilience and sustaining operational efficiencies despite dynamically changing banking sector vectors in NSE and BSE banking indices.