Canara Bank Ltd
CANBKCanara Bank Ltd
CANBK![](https://assets.tickertape.in/sector-icons/financials.png)
![](https://assets.tickertape.in/sector-icons/largecap.png)
![](https://assets.tickertape.in/sector-icons/moderate_risk.png)
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
LowUndervalued compared to the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
6.74 | 1.09 | 2.88% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
17.94 | 2.65 | 0.82% |
Forecast & Ratings
Detailed Forecast from 13 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Canara Bank Ltd. is a banking company. The Bank's segments include Treasury Operations, Retail Banking Operations, Wholesale Banking Operations and Other Banking Operations.
Peers
Compare with peersState Bank of India
Punjab National Bank
Bank of Baroda Ltd
Indian Overseas Bank
Union Bank of India Ltd
Get more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 49,305.93 | 49,308.92 | 48,743.32 | 57,858.26 | 61,558.15 | 93,339.45 | 94,256.89 | 1,11,209.77 | 1,39,164.93 | 1,43,871.28 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 1,23,382.58 | ||||||||||
Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
Employee Cost | 4,489.52 | 4,962.79 | 5,699.35 | 5,962.84 | 7,501.12 | 13,099.48 | 13,208.73 | 14,292.75 | 17,112.27 | |||||||||||
Selling & Administrative Expenses | 1,650.78 | 1,796.99 | 2,002.39 | 2,166.49 | 2,083.38 | 3,398.03 | 3,285.67 | 3,865.01 | 4,144.63 | |||||||||||
Operating & Other expenses | 45,907.23 | 40,471.68 | 46,993.19 | 51,411.50 | 53,041.26 | 72,122.36 | 67,776.43 | 77,604.40 | 97,006.75 | |||||||||||
EBITDA | -2,741.60 | 2,077.46 | -5,951.61 | -1,682.57 | -1,067.61 | 4,719.58 | 9,986.06 | 15,447.61 | 20,901.28 | 20,488.70 | ||||||||||
Depreciation/Amortization | 172.03 | 331.19 | 456.33 | 428.83 | 445.91 | 838.04 | 841.05 | 1,020.96 | 901.73 | — | ||||||||||
PBIT | -2,913.63 | 1,746.27 | -6,407.94 | -2,111.40 | -1,513.52 | 3,881.54 | 9,145.01 | 14,426.65 | 19,999.55 | 20,488.70 | ||||||||||
Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
PBT | -2,913.63 | 1,746.27 | -6,407.94 | -2,111.40 | -1,513.52 | 3,881.54 | 9,145.01 | 14,426.65 | 19,999.55 | 20,488.70 | ||||||||||
Taxes & Other Items | -306.63 | 388.01 | -2,456.55 | -2,713.26 | 472.92 | 990.95 | 3,020.17 | 3,171.91 | 4,720.99 | 5,439.81 | ||||||||||
Net Income | -2,607.00 | 1,358.26 | -3,951.39 | 601.86 | -1,986.44 | 2,890.59 | 6,124.84 | 11,254.74 | 15,278.56 | 15,048.89 | ||||||||||
EPS | -9.96 | 4.70 | -11.88 | 1.62 | -4.46 | 4.32 | 7.08 | 12.41 | 16.84 | 16.59 | ||||||||||
DPS | 0.00 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 1.30 | 2.40 | 3.22 | 3.22 | ||||||||||
Payout ratio | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 0.19 | 0.19 | 0.19 |
Company Updates
Investor Presentation
Investor Presentation
Peers & Comparison
FinancialsPublic Banks
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Canara Bank Ltd | 6.64 | 1.09 | 2.88% |
State Bank of India | 11.29 | 1.76 | — |
Punjab National Bank | 14.23 | 1.17 | 1.27% |
Bank of Baroda Ltd | 6.76 | 1.05 | 3.11% |
Price Comparison
Compare CANBK with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.63%
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 1.34%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 2.33%
Top 5 Mutual Funds holding Canara Bank Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Kotak Equity Arbitrage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3165% | Percentage of the fund’s portfolio invested in the stock 0.67% | Change in the portfolio weight of the stock over the last 3 months -0.21% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 23/188 (-4) |
HSBC Value Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2807% | Percentage of the fund’s portfolio invested in the stock 2.30% | Change in the portfolio weight of the stock over the last 3 months -0.49% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 41/74 (-2) |
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI ARBITRAGE OPPORTUNITIES FUND DIRECT PL GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2143% | Percentage of the fund’s portfolio invested in the stock 0.70% | Change in the portfolio weight of the stock over the last 3 months -0.37% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 69/227 (-7) |
Compare 3-month MF holding change on Screener
smallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Canara Bank Ltd
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 14, 2024
Dividend/Share
₹3.22
Ex DateEx Date
Jun 14, 2024
Cash Dividend
Ex DateEx DateJun 14, 2023
Dividend/Share
₹12.00
Ex DateEx Date
Jun 14, 2023
Cash Dividend
Ex DateEx DateJun 15, 2022
Dividend/Share
₹6.50
Ex DateEx Date
Jun 15, 2022
Cash Dividend
Ex DateEx DateJul 12, 2017
Dividend/Share
₹1.00
Ex DateEx Date
Jul 12, 2017
Cash Dividend
Ex DateEx DateJun 25, 2015
Dividend/Share
₹10.50
Ex DateEx Date
Jun 25, 2015
Canara Bank shares: Should you buy this PSU bank stock post Q1 results?
![](https://pocket-image-cache.com/direct?url=http://akm-img-a-in.tosshub.com/businesstoday/images/story/202407/66a30283624a6-canara-bank-said-its-june-quarter-profit-jumped-1047-per-cent-to-rs-3-90528-crore-from-rs-3-53484-265722255-16x9.jpg)
![](https://i.ytimg.com/vi/qHeWPuuuEvY/hqdefault.jpg?sqp=-oaymwEiCKgBEF5IWvKriqkDFQgBFQAAAAAYASUAAMhCPQCAokN4AQ==&rs=AOn4CLA5Lw8CBcLB-PE_clExWK5W1vFYBw)
Canara Bank Q1 results: Net profit rises 10% to ₹3,905 cr
![](https://pocket-image-cache.com/direct?url=http://bl-i.thgim.com/public/news/i7u8g/article66035027.ece/alternates/LANDSCAPE_1200/canara%20bank.jpg)
![](https://i.ytimg.com/vi/7xqGMohjLIU/hqdefault.jpg?sqp=-oaymwEiCKgBEF5IWvKriqkDFQgBFQAAAAAYASUAAMhCPQCAokN4AQ==&rs=AOn4CLDGwuJXOK94bS5jzRYBUidWXnv0qg)
Canara Bank Q1 Results Review - Margins Moderate; Earnings Steady: Dolat Capital
![](https://pocket-image-cache.com/direct?url=http://media.assettype.com/bloombergquint%2F2023-12%2F4095ade6-4676-434c-9cf6-e2fde2683f82%2Fkurla_canara.jpg?rect=0%2C0%2C1034%2C543&w=1200&auto=format%2Ccompress&ogImage=true)
![](https://i.ytimg.com/vi/OOBL38dWCko/hqdefault.jpg?sqp=-oaymwEiCKgBEF5IWvKriqkDFQgBFQAAAAAYASUAAMhCPQCAokN4AQ==&rs=AOn4CLAoHeU2gBYsdHLiHe04ov5ChsxImQ)
Canara Bank reports 10.5% growth in Q1 net profit; bad debt decreases
![](https://www.thehindu.com/theme/images/og-image.png)
Canara Bank’s Q1 net rises 10.5% to Rs 3,905 cr; NII expands 5.7%
![](https://pocket-image-cache.com/direct?url=http://bsmedia.business-standard.com/_media/bs/img/article/2024-05/08/thumb/fitandfill/400X400/1715179456-7991.jpg)
Canara Bank Q1 Results: PAT up 10% at Rs 3,905 crore
![](https://pocket-image-cache.com/direct?url=http://img.etimg.com/thumb/msid-112019989,width-1200,height-630,imgsize-7838,overlay-etmarkets/photo.jpg)
Canara Bank net profit rose 10% to ₹3,905 crore
![](https://pocket-image-cache.com/direct?url=http://bl-i.thgim.com/public/incoming/64arjl/article68445711.ece/alternates/LANDSCAPE_1200/IMG_canara_2_1_A2CCJ5Q0.jpg)
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 19.19%, vs industry avg of 14.66%
Increasing Market Share
Over the last 5 years, market share increased from 8.53% to 10.13%