Canara Bank Share Price, Stock Analysis & Company Profile
Canara Bank is one of the largest and most established commercial banks in India, with a history spanning over a century. Founded in 1906 by Ammembal Subba Rao Pai, it has evolved into a global financial entity with a significant presence across the country. As a leading Public Sector Bank, it plays a vital role in India’s economic growth, offering a wide range of services from retail banking to corporate finance.
This page provides a comprehensive toolkit for investors to monitor the Canara Bank share price, perform a detailed Canara Bank stock analysis, and evaluate the bank's operational efficiency within the Indian banking landscape.
About Canara Bank
Headquartered in Bengaluru, Canara Bank has a legacy built on the principles of social concern and customer-centricity. The bank reached a major milestone in 2020 through its mega-merger with Syndicate Bank, which significantly expanded its branch network, customer base, and asset size.
Today, it operates thousands of branches and ATMs across India and maintains a presence in international financial hubs like London, Dubai, and New York. The bank is recognized for its strong technological backbone and its contribution to priority sector lending, particularly in agriculture and small businesses.
Canara Bank Business Model
The bank operates a diversified business model designed to balance risk and provide stable returns. Key pillars of its operations include:
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Retail Banking: Providing a broad spectrum of products including savings accounts, housing loans, vehicle loans, and personal credit.
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Corporate Banking: Supporting large-scale industrial projects, infrastructure lending, and trade finance for major Indian corporates.
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MSME & Agriculture: A strategic focus on the Micro, Small, and Medium Enterprises (MSME) sector and rural credit, ensuring steady growth in high-yield segments.
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Treasury Operations: Managing the bank’s statutory reserves and investment portfolio in government securities and money markets.
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Digital Banking: Continuous investment in "Canara ai1," its super-app designed to offer a seamless digital journey for all banking needs.
Canara Bank IPO and Listing Details
Canara Bank is a highly liquid and widely tracked constituent of the Indian capital markets, often viewed as a bellwether for the public sector banking space.
- Listing Year: 2002 (Initial Public Offering)
- IPO Price: Rs 35 per share
- Listing Price: Rs 40 per share
- Listing Exchanges: BSE and NSE.
- Face Value: Rs 2 per share (Post-split).
- ISIN: INE476A01022.
- NSE Symbol: CANBK.
- BSE Scrip Code: 532483.
Canara Bank Corporate Action History
Canara Bank has a history of proactive corporate actions aimed at rewarding its millions of shareholders and maintaining healthy market liquidity.
Stock Split History
To make the shares more accessible to retail investors and improve trading volume, the bank has undergone a significant stock split.
Dividend History
Canara Bank has a consistent track record of sharing its profits with shareholders through annual dividends.
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FY 2024-25: Declared a final dividend of Rs 3.22 per share.
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FY 2023-24: Declared a dividend of Rs 12.00 per share (Pre-split basis).
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Trend: The bank has maintained a steady payout ratio, with the dividend amount often reflecting its improving asset quality and net interest margins.
Investor Resources Available on This Page
Retail investors can find a wealth of data in the respective tables on this page to conduct a professional Canara Bank stock analysis:
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Price Chart: Track the historical price movements and volatility of the Canara Bank share price. (data delayed by 15 minutes)
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Company Ratios: Review essential banking metrics like Net Interest Margin (NIM), GNPA/NNPA ratios, and Capital Adequacy Ratio (CAR).
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Quarterly Results: Monitor the quarterly growth in interest income and movement in credit costs.
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Balance Sheet: Analyse the bank’s massive deposit base and the composition of its advances.
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Cash Flow Statement: Review the liquidity position and how the bank manages its operational funds.
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Shareholding & Promoters: Track the stake held by the Government of India and institutional investors like LIC.
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Pros & Cons: A simplified look at the bank’s extensive reach versus the risks of cyclical interest rate changes.
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Annual Reports: Download official documents for an in-depth look at management’s future strategy and sectoral outlook.
Investors looking for a broader market perspective can also use the Stock Screener on Finology Ticker to filter and compare companies within the same sector.
Frequently Asked Questions (FAQs)
Q1. What is the latest Canara Bank share price?
The current price is displayed at the top of this page. Please note that all price data and charts are provided with a 15-minute delay from the exchanges.
Q2. Who owns Canara Bank?
Canara Bank is a public sector undertaking where the Government of India is the majority shareholder and promoter.
Q3. When was the last stock split for Canara Bank?
The last stock split for Canara Bank occurred in May 2024, when the face value was reduced from Rs 10 to Rs 2 per share.
Q4. Does Canara Bank pay regular dividends?
Yes, the bank has a track record of paying regular annual dividends based on its net profit and regulatory requirements.
Q5. What is the impact of the Canara Bank and Syndicate Bank merger?
The merger, effective from 2020, created a massive banking entity with improved scale, helping the bank lower its operating costs and expand its reach across India.
Q6. Where can I find Canara Bank's quarterly results?
Detailed quarterly performance metrics, including Net Interest Income (NII) and Profit After Tax (PAT), are available in the "Quarterly Results" table on this page.
Q7. How can I download the Canara Bank Annual Report?
You can access and download the latest and past Annual Reports directly from the "Reports" or "Documents" section table provided on this page.