The bank's gross NPA% and Net NPA% have fallen continuously over the past 4-years to 4.23% and 1.27%, respectively. (Source: Standalone Financials)
Canara Bank Share Price
Canara Bank Share Price
Canara Bank share price insights
Company is able to expand its net interest margin on a continuous basis over the last 3 years with margins of 2.5% in last year. (Source: Consolidated Financials)
Stock gave a 3 year return of 159.22% as compared to Nifty 100 which gave a return of 42.25%. (as of last trading session)
Net profit per employee has been continuously increasing over the last 3 years with a growth of 41.14% last year. (Source: Standalone Financials)
Canara Bank share price moved down by -0.53% from its previous close of Rs 101.08. Canara Bank stock last traded price is 100.55
Share Price Value Today/Current/Last 100.55 Previous Day 101.08
Key Metrics
PE Ratio (x) | 5.70 | ||||||||||
EPS - TTM (₹) | 17.64 | ||||||||||
MCap (₹ Cr.) | 91,205.40 | ||||||||||
Sectoral MCap Rank | 9 | ||||||||||
PB Ratio (x) | 0.98 | ||||||||||
Div Yield (%) | 3.20 | ||||||||||
Face Value (₹) | 2.00 | ||||||||||
Beta Beta
| 1.70 | ||||||||||
VWAP (₹) | 100.48 | ||||||||||
52W H/L (₹) |
Canara Bank Share Price Returns
1 Day | -0.53% |
1 Week | -2.56% |
1 Month | -0.43% |
3 Months | -7.24% |
1 Year | 18.0% |
3 Years | 159.22% |
5 Years | 122.7% |
Canara Bank News & Analysis
Canara Bank Share Recommendations
Recent Recos
Current
Mean Recos by 15 Analysts
SellSellHoldBuyStrong
Buy
- Target₹650
- OrganizationMotilal Oswal Financial Services
- BUY
- Target₹650
- OrganizationMotilal Oswal Financial Services
- BUY
Analyst Trends
Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
---|---|---|---|---|
Strong Buy | 7 | 7 | 7 | 6 |
Buy | 2 | 2 | 2 | 2 |
Hold | 3 | 3 | 3 | 3 |
Sell | 3 | 3 | 3 | 3 |
Strong Sell | - | - | - | - |
# Analysts | 15 | 15 | 15 | 14 |
Canara Bank Financials
Insights
Net Interest Margin - Uptrend
Company is able to expand its net interest margin on a continuous basis over the last 3 years with margins of 2.5% in last year. (Source: Consolidated Financials)Profit Per Employee - Uptrend
Net profit per employee has been continuously increasing over the last 3 years with a growth of 41.14% last year. (Source: Standalone Financials)
Quarterly | Annual Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Total Income 38,006.05 36,965.75 37,384.14 35,630.18 33,891.21 Total Income Growth (%) 2.81 -1.12 4.92 5.13 5.06 Provisions & Contingencies 2,252.00 2,282.11 2,483.68 1,899.03 2,608.58 Provisions & Contingencies Growth (%) -1.32 -8.12 30.79 -27.20 -4.08 Profit after Tax (PAT) 4,187.76 4,067.51 3,951.76 3,790.21 3,860.03 PAT Growth (%) 2.96 2.93 4.26 -1.81 3.24 Gross NPA (%) 3.73 4.14 4.23 4.39 4.76 Net NPA (%) 0.99 1.24 1.27 1.32 1.41 Net Profit Margin (%) 11.02 11.00 10.57 10.64 11.39 Basic EPS (₹) 4.62 4.48 21.78 20.89 20.93 All figures in Rs Cr, unless mentioned otherwise
Insights
Falling Gross NPA and Net NPA
The bank's gross NPA% and Net NPA% have fallen continuously over the past 4-years to 4.23% and 1.27%, respectively. (Source: Standalone Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Advances 9,31,786.58 8,30,929.18 7,03,864.05 6,39,286.54 4,32,403.38 Advances Growth (%) 12.14 18.05 10.10 47.84 1.00 Deposits 13,12,242.47 11,79,086.48 10,86,340.95 10,10,985.02 6,25,408.32 Deposits Growth (%) 11.29 8.54 7.45 61.65 4.39 Total Equity 93,133.67 78,957.54 70,786.02 63,202.96 41,936.05 Total Equity Growth (%) 17.95 11.54 12.00 50.71 9.33 Gross NPA (%) - - - - - Net NPA (%) - - - - - Capital Adequacy Ratios (%) - - - - - Contingent Liabilities 1,98,873.84 2,89,566.07 3,75,380.11 5,07,289.38 3,73,712.88 All figures in Rs Cr, unless mentioned otherwise
Insights
Increase in Cash from Investing
Company has used Rs 1748.0 cr for investing activities which is an YoY increase of 41.22%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities 15,046.50 -39,977.87 918.99 59,117.67 -5,288.43 Net Cash used in Investing Activities -1,748.00 -1,237.80 -1,255.88 -1,029.13 -411.53 Net Cash flow from Financing Activities -3,834.47 445.36 4,035.45 290.08 7,792.27 Net Cash Flow 9,461.87 -40,688.61 3,525.06 58,291.29 2,058.58 Closing Cash & Cash Equivalent 1,51,164.69 1,41,702.82 1,82,391.43 1,78,866.39 68,589.82 Closing Cash & Cash Equivalent Growth (%) 6.68 -22.31 1.97 160.78 3.09 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 18.40 15.94 9.96 5.34 -5.69 Return on Assets (%) 0.99 0.81 0.48 0.24 -0.26 Cost to Income (%) 55.68 42.63 48.19 48.87 45.10 Interest income to Earning assets (%) 7.19 6.21 5.61 5.95 6.71 Interest Expense to Earning assets (%) 4.69 3.83 3.42 3.83 4.83 Price to Earnings (x) 6.90 4.59 6.74 8.68 -4.69 Price to Book (x) 1.27 0.73 0.67 0.46 0.27 Price to Sales (x) 0.95 0.60 0.58 0.36 0.19 Operating Profit Margin (%) -12.54 -16.90 -25.27 -29.54 -27.77
Canara Bank Technicals
Stock doesn't have any Buy/Sell Signals.
- 45%Positive Movement since
1st Jan 2005 on basis54%Negative Movement since
1st Jan 2005 on basisExclude Pivot Levels
R1 R2 R3 PIVOT S1 S2 S3 Classic 101.40 102.24 103.88 100.60 99.76 98.96 97.32 Average True Range
5 DAYS 14 DAYS 28 DAYS ATR 2.65 2.74 2.88
Canara Bank Peer Comparison
Insights
Stock Returns vs Nifty 100
Stock gave a 3 year return of 159.22% as compared to Nifty 100 which gave a return of 42.25%. (as of last trading session)Stock Returns vs Nifty Bank
Stock generated 159.22% return as compared to Nifty Bank which gave investors 46.98% return over 3 year time period. (as of last trading session)
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Stock Returns vs Nifty 100
Stock gave a 3 year return of 159.22% as compared to Nifty 100 which gave a return of 42.25%. (as of last trading session)Stock Returns vs Nifty Bank
Stock generated 159.22% return as compared to Nifty Bank which gave investors 46.98% return over 3 year time period. (as of last trading session)
See All Parameters
Canara Bank MF Ownership
Nippon India ETF Nifty PSU Bank BeES
Equity: Sectoral-Banking326.53
Amount Invested (in Cr.)
11.98%
% of AUM
8.38
% Change (MoM basis)
246.09
Amount Invested (in Cr.)
1.35%
% of AUM
-13.65
% Change (MoM basis)
236.80
Amount Invested (in Cr.)
1.41%
% of AUM
-1.38
% Change (MoM basis)
MF Ownership as on 30 November 2024
Canara Bank F&O Quote
- Expiry
Price
103.93-0.29 (-0.28%)
Open Interest
4,61,90,2501,20,62,250 (35.34%)
Open High Low Prev Close Contracts Traded Turnover (₹ Lakhs) 102.65 104.86 101.51 104.22 3,098 21,631.86 Open Interest as of 24 Dec 2024
- Type
- Expiry
- Strike Price
Price
4.85-5.15 (-51.50%)
Open Interest
67,50067,500 (2,490.00%)
Open High Low Prev Close Contracts Traded Turnover (₹ Lakhs) 4.00 4.85 4.00 10.00 13 4,009.40 Open Interest as of 24 Dec 2024
Canara Bank Corporate Actions
Meeting Date Announced on Purpose Details Nov 27, 2024 Sep 30, 2024 EGM - Oct 29, 2024 Oct 18, 2024 Board Meeting Quarterly Results Jul 25, 2024 Jul 15, 2024 Board Meeting Quarterly Results Jun 28, 2024 May 08, 2024 AGM - May 08, 2024 Apr 25, 2024 Board Meeting Audited Results & Dividend Type Dividend Dividend per Share Ex-Dividend Date Announced on Final 161% 3.22 Jun 14, 2024 May 08, 2024 Final 120% 12.0 Jun 14, 2023 May 08, 2023 Final 65% 6.5 Jun 15, 2022 May 06, 2022 Final 10% 1.0 Jul 12, 2017 May 11, 2017 Final 105% 10.5 Jun 25, 2015 May 25, 2015 All Types Ex-Date Record Date Announced on Details Splits May 15, 2024 May 15, 2024 Feb 26, 2024 Split: Old FV10.0| New FV:2.0 Rights Feb 17, 2017 Feb 20, 2017 Sep 23, 2016 Rights ratio: 1 share for every 10 held at a price of Rs 207.0 Splits - - Aug 26, 2014 Split: Old FV10.0| New FV:2.0
About Canara Bank
Canara Bank, incorporated in the year 1906, is a banking company (having a market cap of Rs 91,205.40 Crore).Canara Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2023. Show More
Executives
Auditors
- VS
Vijay Srirangan
Non Executive ChairmanKSK Satyanarayana Raju
Managing Director & CEOACAshok Chandra
Executive DirectorBKBhavendra Kumar
Executive DirectorShow More - P A & AssociatesK Venkatachalam Aiyer & Co.Arun K Agarwal & AssociatesRodi Dabir & Co
Industry
Key Indices Listed on
Nifty Bank, Nifty Next 50, Nifty 100, + 30 more
Address
112, J.C. Road,Bengaluru, Karnataka - 560002
More Details
FAQs about Canara Bank share
- 1. What's Canara Bank share price today and what are Canara Bank share returns ?As on 24 Dec, 2024, 03:59 PM IST Canara Bank share price was down by 0.53% basis the previous closing price of Rs 101.08. Canara Bank share price was Rs 100.55. Return Performance of Canara Bank Shares:
- 1 Week: Canara Bank share price moved down by 2.56%
- 3 Month: Canara Bank share price moved down by 7.24%
- 6 Month: Canara Bank share price moved down by 14.82%
- 2. What's the market capitalization of Canara Bank?Canara Bank share has a market capitalization of Rs 91,205.40 Cr. Within Banks sector, it's market cap rank is 9.
- 3. Is Canara Bank a good buy?As per Refinitiv (erstwhile Thomson Reuters), overall mean recommendation by 15 analysts for Canara Bank stock is to Buy. Recommendation breakup is as follows
- 7 analysts are recommending Strong Buy
- 2 analysts are recommending to Buy
- 3 analysts are recommending to Hold
- 3 analysts are recommending to Sell
- 4. Who's the chairman of Canara Bank?Vijay Srirangan is the Non Executive Chairman of Canara Bank
- 5. Who is the CEO of Canara Bank?K Satyanarayana Raju is the Managing Director & CEO of Canara Bank
- 6. Who's the owner of Canara Bank?
- Promoter holding has not changed in last 9 months and holds 62.93 stake as on 30 Jun 2024
- Domestic Institutional Investors holding have gone down from 14.63 (30 Sep 2023) to 11.09 (30 Jun 2024)
- Foreign Institutional Investors holding has gone up from 10.19 (30 Sep 2023) to 11.91 (30 Jun 2024)
- Other investor holding has gone up from 12.25 (30 Sep 2023) to 14.06 (30 Jun 2024)
- 7. How can I quickly analyze Canara Bank stock?Key Metrics for Canara Bank are:
- PE Ratio of Canara Bank is 5.70
- Price/Sales ratio of Canara Bank is 0.95
- Price to Book ratio of Canara Bank is 0.98
- 8. What is the CAGR of Canara Bank?The CAGR of Canara Bank is 12.01.
- 9. What is the PE & PB ratio of Canara Bank?The PE ratio of Canara Bank stands at 5.7, while the PB ratio is 0.2.
- 10. What are the returns for Canara Bank share?Return Performance of Canara Bank Shares:
- 1 Week: Canara Bank share price moved down by 2.56%
- 3 Month: Canara Bank share price moved down by 7.24%
- 6 Month: Canara Bank share price moved down by 14.82%
- 11. What are the Canara Bank quarterly results?Total Revenue and Earning for Canara Bank for the year ending 2024-03-31 was Rs 139164.94 Cr and Rs 15278.56 Cr on Consolidated basis. Last Quarter 2024-09-30, Canara Bank reported an income of Rs 38006.05 Cr and profit of Rs 4187.76 Cr.
- 12. Who are the peers for Canara Bank in Banks sector?Within Banks sector Canara Bank, IDBI Bank Ltd., Union Bank of India, Indian Overseas Bank, Indian Bank, Punjab National Bank, Bank of Baroda, UCO Bank, Central Bank of India, Bank of India and Bank of Maharashtra are usually compared together by investors for analysis.
- 13. What has been highest price of Canara Bank share in last 52 weeks?In last 52 weeks Canara Bank share had a high price of Rs 128.90 and low price of Rs 84.92
- 14. What dividend is Canara Bank giving?An equity Final dividend of Rs 3.22 per share was declared by Canara Bank on 08 May 2024. So, company has declared a dividend of 161% on face value of Rs 2 per share. The ex dividend date was 14 Jun 2024.
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