Canara Bank Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

Canara Bank is a leading public sector bank in India that has been providing banking services to its customers for over a century. In this article, we will provide a comprehensive analysis of Canara Bank's stock from a long-term investor's perspective. We will cover various topics such as share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall, transcripts, investor presentations, promoters, and shareholders.

Canara Bank Share Price:

Canara Bank's share price is an important indicator of investor sentiment towards the bank. The share price is influenced by various factors such as the bank's financial performance, global economic conditions, and market sentiment. Long-term investors can use our pre-built screening tools to analyze Canara Bank's share price and identify any trends or patterns. The company's share price has shown a volatile trend over the past few years, reflecting the bank's financial performance and growth prospects.

Canara Bank Balance Sheet:

Canara Bank's balance sheet provides crucial information about its financial health. The bank's assets include loans, advances, investments, and other assets, while liabilities include deposits, borrowings, and other liabilities. Equity includes share capital, reserves, and surplus. Long-term investors can use our pre-built screening tools to analyze Canara Bank's balance sheet and identify any red flags. The bank's balance sheet has shown a stable trend over the past few years, reflecting the bank's solid financial position and growth prospects.

Canara Bank Reserves: Substantial Growth

This shows that the total reserve of the Canara Bank has also shown a great improvement when compared to the for  March 2020 & Rs 38,262.73 crores to Rs  85,140.46 crores for March 2024. This is a stupendous increase by more than double, which must have been brought about by the sound retention of its earnings and efficient management of its assets.

Canara Bank Balance Sheet: Robust Structure

Total liabilities have also recorded an improvement from Rs 7,23,874.75 crores in March 2020 to Rs 14,91,540.72 crores in March 2024 in the balance sheet of Canara Bank. However, while this growth is significant, it is underpinned by multiple funding such as deposits and borrowings of the bank.

Canara Bank Debt: Managing Borrowings

In the case of borrowings, Canara Bank has been having this volatile position and it was shown Rs 57,592.28 crores in March 2024 and Rs 42,761.77 crores in March 2020. Despite using borrowing to increase the bank’s lending capacity, this research has found that the bank has avoided over-reliance on the liabilities side of its balance sheet.

Canara Bank Assets: Steady Increase

The total assets have increased and total Rs 7,23,874.75 crores in the previous year which have touched Rs 14,91,540.72 crores by the end of March 2024. Each component has also improved from Rs 4,32,175.20 crores to Rs  9,31,612.83 crores stressing on the fact that the bank has a strong and robust portfolio on lending.

The following analysis refers to the balance sheet of Canara Bank made and negotiated independently. It should also be important for investors to take time and consider the trends in the banking sector and consider Positivity reflected in the indices such as NSE and BSE.

Canara Bank Annual Report:

Canara Bank releases an annual report every year, which provides detailed information about the bank's financial performance, strategic initiatives, and future plans. The annual report includes a letter from the Chairman, financial statements, and management discussion and analysis. Long-term investors can download Canara Bank's annual report from our website and use it to make informed investment decisions. The annual report provides valuable insights into the bank's operations and financial performance.

Canara Bank Dividend:

Canara Bank has a consistent dividend payout history. The bank has paid dividends in every year, reflecting its commitment to rewarding shareholders. Long-term investors should consider this when evaluating Canara Bank's stock. Our pre-built screening tools can be used to analyze the bank's dividend history and identify any trends or patterns.

Canara Bank Quarterly Results:

Canara Bank releases its quarterly results every three months. The quarterly results provide information about the bank's revenue, earnings, and expenses. Long-term investors can use our pre-built screening tools to analyze Canara Bank's quarterly results and identify any trends or patterns. The quarterly results are an important indicator of the bank's financial health and performance.

Canara Bank Stock Price:

The stock price of Canara Bank is affected by various factors such as the bank's financial performance, global economic conditions, and market sentiment. Long-term investors can use our pre-built screening tools to track Canara Bank's stock price and identify potential buying opportunities. The stock price of Canara Bank has shown a volatile trend over the past few years, reflecting the bank's financial performance and growth prospects.

Canara Bank Price Chart:

A price chart provides a visual representation of a company's stock price over a period of time. Long-term investors can use our pre-built screening tools to analyze Canara Bank's price chart and identify any trends or patterns. The price chart shows that the stock price of Canara Bank has shown a volatile trend over the past few years, reflecting the bank's financial performance and growth prospects.

Canara Bank News:

Keeping up to date with the latest news about Canara Bank is important for investors. Our website provides the latest news about Canara Bank from various sources such as financial news websites and social media. Long-term investors can use this information to make informed investment decisions.

Canara Bank Concall:

Canara Bank holds conference calls with analysts and investors to discuss its financial performance and future plans. Long-term investors can listen to Canara Bank's concall and use the information provided to make informed investment decisions. Our website provides information about upcoming concalls and links to listen to past concalls.

Canara Bank Transcripts:

Transcripts of Canara Bank's concalls are available on our website. Long-term investors can download the transcripts and use them to analyze the bank's financial performance and future plans. The transcripts provide valuable insights into the bank's operations and financial performance.

Canara Bank Investor Presentations:

Canara Bank provides investor presentations on its website. These presentations provide information about the bank's financial performance, strategic initiatives, and future plans. Long-term investors can download Canara Bank's investor presentations from our website and use them to make informed investment decisions. The investor presentations provide valuable insights into the bank's operations and financial performance.

Canara Bank Promoters:

Promoters are individuals or entities that have a significant stake in a company. Canara Bank's promoters include the Government of India, which is the majority shareholder. Long-term investors can use our pre-built screening tools to analyze Canara Bank's promoter holdings and identify any potential conflicts of interest. The promoter holdings of Canara Bank are relatively stable, which is a positive sign for long-term investors.

Canara Bank Shareholders:

Canara Bank has a large number of shareholders, including institutional investors and individual investors. Long-term investors can use our pre-built screening tools to analyze Canara Bank's shareholder base and identify any potential risks or opportunities. The shareholder base of Canara Bank is diverse, which is a positive sign for long-term investors.

Canara Bank Premium Features:

Our website provides premium features tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. These tools can help long-term investors make better investment decisions by providing more detailed insights into the bank's financial performance and valuation.

Canara Bank ROCE

Navigate through our Canara Bank stock analysis page to access in-depth information on Return on Capital Employed (ROCE). ROCE is a crucial financial metric that helps investors assess a company's efficiency in generating profits from its capital investments. You can easily find the ROCE data in the financials table or dedicated ratio section on this page. Understanding Canara Bank’s ROCE can provide valuable insights into the company's operational performance and overall financial health.

Canara Bank EBITDA

Explore the Canara Bank EBITDA details on our stock analysis page. EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization, representing a company's core profitability before accounting for non-operating expenses. By examining Canara Bank's EBITDA data available on this page, investors can gain a deeper understanding of the company's operating performance and cash flow generation capability.

Canara Bank DPS

Discover the Dividends Per Share (DPS) information for Canara Bank on our comprehensive stock analysis page. DPS indicates the amount of dividends a company pays out to its shareholders for each outstanding share. By checking Canara Bank's DPS data provided on this page, investors can evaluate the company's dividend distribution policy and potential returns for shareholders directly from the financials table or dedicated ratio section.

Canara Bank EPS

Delve into the Earnings Per Share (EPS) insights for Canara Bank available on our stock analysis page. EPS is a fundamental financial metric that reveals a company's profitability on a per-share basis. By accessing Canara Bank's EPS data on this page, investors can gauge the company's earnings performance and how efficiently it is utilizing its resources. The EPS data can be conveniently located in the financials table or specific ratio section for quick reference.

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.