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Canara Bank share price

Canara Bank

NSE: CANBK BSE: 532483 SECTOR: Bank - Public  321k   1k   308

97.49
-0.84 (-0.85%)
NSE: 14 Nov 4:00 PM

Price Summary

Today's High

₹ 100.46

Today's Low

₹ 97.22

52 Week High

₹ 128.9

52 Week Low

₹ 77.8

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

88429.78 Cr.

CASA %

29.9

No. of Shares

907.07 Cr.

P/E

5.77

P/B

1.01

Face Value

₹ 2

Div. Yield

3.3 %

Book Value (TTM)

₹  96.99

Net Interest Income

36565.94 Cr.

Cost To Income %

47.04

Promoter Holding

62.93 %

EPS (TTM)

₹  16.9

CAR %

16.28

ROE

20.22 %

ROCE

18.49%

Profit Growth

37.26 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Index Presence

The company is present in 32 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

ROE%

1 Year20.22%
3 Year15.95%
5 Year9.37%

ROA%

1 Year1.03%
3 Year0.78%
5 Year0.46%

Net NPA%

1 Year1.27%
3 Year1.88%
5 Year2.74%

 NIM

1 Year2.54%
3 Year2.41%
5 Year2.28%

CAR %

16.28

Cost of Liabilities %

5.2645

PEG Ratio

0.15

Advances Growth %

12.1516

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 62.93 0.00
Jun 2024 62.93 0.00
Mar 2024 62.93 0.00
Dec 2023 62.93 0.00
Sep 2023 62.93 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has a good Return on Equity (ROE) track record: 3 Years ROE 15.9505261102343%.
  • Good Capital Adequacy Ratio of 16.28%.
  • The company has delivered good Profit growth of 78.5340555972583% over the past 3 years.

 Limitations

  • The bank has a very low ROA track record. Average ROA of 3 years is 0.77557359653196%
  • CASA Growth of -1.1861% YoY, which is very low.
  • High Cost to income ratio of 47.0353%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Interest Earned 26837.68 28038.83 28807.35 28701.35 29740.07
Other Income 4634.5 4295.1 5217.83 5318.88 4981
Interest Expended 17934.69 18621.73 19227.15 19535.08 20424.87
Operating Expenses 5921.91 6906.67 7410.57 6869.01 6642.37
Total Provisions 2607.95 1898.91 2481.82 2282.34 2251.29
Profit Before Tax 5007.63 4906.62 4905.64 5333.8 5402.54
Tax 1401.49 1250.5 1148.41 1428.52 1388.01
Net Profit 3606.14 3656.12 3757.23 3905.28 4014.53
Net NPA % 1.41 1.32 1.27 1.24 0.99
Gross NPA % 4.76 4.39 4.23 4.14 373
Return on Assets % 1.02 1.01 1.03 1.05 1.05
NPM % 13.44 13.04 13.04 13.61 13.5

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Interest Earned 48934.99 69280.46 69410.24 84424.78 108687.93
Other Income 7813.15 14924.31 16496.9 18762.2 18966.44
Interest Expended 35811.08 45177.62 43026.26 52989.49 72121.99
Operating Expenses 11577.23 19338.18 19791.91 22481.48 26119.8
Total Provisions 11115.39 15981.74 14127.39 13543.01 9707.61
Profit Before Tax -1755.57 3707.23 8961.58 14173 19704.97
Taxes 480.15 1149.65 3283.17 3569.24 5150.65
Net Profit -2235.72 2557.58 5678.41 10603.76 14554.32
Adjusted EPS (Rs.) -4.34 3.11 6.26 11.69 16.05

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 1030.23 1646.74 1814.13 1814.13 1814.13
Total Reserves 38262.73 57238.19 64297.18 71793.05 85140.46
Deposits 625351.17 1010874.58 1086409.25 1179218.61 1312366.61
Borrowings 42761.77 49983.56 46284.96 58089.79 57592.28
Other Liabilities 16468.84 33931.96 29299.36 34816.67 34627.24
Total Liabilities 723874.75 1153675.03 1228104.88 1345732.25 1491540.72
Assets
Balance with RBI 22570.14 43111.62 51602.91 54988.45 71068.18
Balance with Banks 45701.33 135296.41 130451.39 86434.75 79691.54
Investments 176244.94 261690.39 282012.9 319038.45 357454.42
Advances 432175.2 639048.99 703601.82 830672.55 931612.83
Net Block 8276.29 11204.19 11353.96 10230.67 12228.17
Other Assets 38906.84 63321.09 49079.55 44367.37 39485.57
Total Assets 723874.75 1153675.03 1228104.88 1345732.25 1491540.72
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 62.93 62.93 62.93 62.93 62.93
president of india 62.93 62.93 62.93 62.93 62.93
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 37.07 37.07 37.07 37.07 37.07
life insurance corporatio... 7.34 6.30 6.21 5.83 5.62
rekha jhunjhunwala - - - - 1.42
smallcap world fund inc - - - - 1.33
rekha rakesh jhunjhunwala... 2.07 2.07 1.45 1.47 -
smallcap world fund, inc 1.44 1.44 1.44 1.44 -
bnp paribas arbitrage 2.09 2.07 1.09 - -

Ratings & Research Reports

Company Presentations

Company News

Canara Bank’s consolidated net profit rises 12% in Q2FY25 30 Oct, 12:45 PM Canara Bank - Quaterly Results 29 Oct, 12:52 PM Canara Bank - Quaterly Results 29 Oct, 12:52 PM Canara Bank - Quaterly Results 29 Oct, 12:52 PM Canara Bank informs about updates 10 Oct, 4:25 PM Canara Bank informs about credit rating 16 Aug, 5:33 PM Canara Bank reports 11% rise in Q1 consolidated net profit 25 Jul, 3:29 PM Canara Bank - Quaterly Results 25 Jul, 1:21 PM Canara Bank - Quaterly Results 25 Jul, 1:21 PM Canara Bank - Quaterly Results 25 Jul, 1:21 PM Canara Bank informs about board meeting 15 Jul, 12:46 PM Canara Bank informs about credit rating 9 Jul, 4:57 PM Canara Bank informs about closure of trading window 21 Jun, 11:30 AM Canara Bank informs about newspaper publications 1 Jun, 3:54 PM Canara Bank gets nod for capital raising plan for FY25 31 May, 3:00 PM Canara Bank reports 17% rise in Q4 consolidated net profit 8 May, 2:45 PM Canara Bank - Quaterly Results 8 May, 1:46 PM Canara Bank - Quaterly Results 8 May, 1:46 PM Canara Bank - Quaterly Results 8 May, 1:46 PM Canara Bank unveils new products to meet shortfall of hospital expenditure 4 Apr, 11:27 AM Canara Bank informs about interest rates updates 11 Mar, 4:27 PM Canara Bank informs about press release 27 Feb, 5:23 PM RBI imposes penalty of Rs 32.30 lakh on Canara Bank 27 Feb, 1:00 PM Canara Bank raises Rs 2,000 crore through bonds 15 Feb, 12:12 PM Canara Bank informs about board meeting 7 Feb, 11:56 AM Canara Bank informs about unaudited financial results 25 Jan, 12:49 PM Canara Bank reports 28% rise in Q3 consolidated net profit 24 Jan, 3:52 PM Canara Bank - Quaterly Results 24 Jan, 12:42 PM Canara Bank - Quaterly Results 24 Jan, 12:42 PM Canara Bank - Quaterly Results 24 Jan, 12:42 PM Canara Bank raises Rs 1403 crore via Bonds 11 Dec, 6:01 PM Canara Bank gets RBI’s nod to sell 70% stake in Canbank Factors 29 Nov, 11:00 AM Canara Bank reports 42% rise in Q2 consolidated net profit 26 Oct, 2:19 PM Canara Bank - Quaterly Results 26 Oct, 1:03 PM Canara Bank - Quaterly Results 26 Oct, 1:03 PM Canara Bank - Quaterly Results 26 Oct, 1:03 PM Canara Bank informs about interest payment of bonds 4 Oct, 1:02 PM Canara Bank raises Rs 5000 crore through bonds 28 Sep, 4:25 PM Canara Bank informs about credit rating 21 Sep, 4:28 PM Canara Bank informs about interest payment of bonds 20 Sep, 2:25 PM Canara Bank informs about details of loss of certificate 16 Sep, 12:33 PM Canara Bank reports 74% rise in Q1 consolidated net profit 24 Jul, 2:30 PM Canara Bank - Quaterly Results 24 Jul, 1:18 PM Canara Bank - Quaterly Results 24 Jul, 1:18 PM Canara Bank - Quaterly Results 24 Jul, 1:18 PM Canara Bank informs about disclosure 20 Jun, 4:30 PM Canara Bank aiming to improve bottom line further 2 Jun, 12:30 PM Canara Bank informs about press release 9 May, 5:00 PM Canara Bank reports 64% rise in Q4 consolidated net profit 8 May, 5:59 PM Canara bank informs about press release 8 May, 5:16 PM

Canara Bank Stock Price Analysis and Quick Research Report. Is Canara Bank an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how Canara Bank is performing and if it is the right time to buy the stock of Canara Bank with detailed analysis. Canara Bank stock price today is Rs 97.49.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Canara Bank has earned Rs 108687.9257 Cr. revenue in the latest financial year. Canara Bank has posted outstanding revenue growth of 16.1955571649111 % in last 3 Years.

  • In terms of advances, Canara Bank reported 12.1516 % YOY,  rise . If you see 3 years advance growth, it stands at 13.3880023601421 %.

  • Currently, Canara Bank has a CASA ratio of 29.9006 %. It’s overall cost of liability stands at 5.2645 %. Also, the total deposits from these accounts stood at Rs 1312366.6127 Cr.

  • Canara Bank has a average ROA track record. The ROA of Canara Bank is at 1.0259 %.

  • The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA of Canara Bank stood at 4.23 % and 1.27 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -28.3201736570732 % which means it has decreased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of Canara Bank surged and is currently at Rs 18966.4365 Cr.

  • Canara Bank has a Good Capital Adequacy Ratio of 16.28 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently Canara Bank is trading at a P/B of 1.0048 . The historical average PB was 0.725862378303278.

  • Share Price: - The current share price of Canara Bank is Rs 97.49. One can use valuation calculators of ticker to know if Canara Bank share price is undervalued or overvalued.

Last Updated on:
Brief about Canara Bank

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 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.

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