Banks
Valuation | |
|---|---|
| Market Cap | 1.34 LCr |
| Price/Earnings (Trailing) | 5.99 |
| Price/Sales (Trailing) | 0.85 |
| EV/EBITDA | 1.17 |
| Price/Free Cashflow | 1.9 |
| MarketCap/EBT | 5.22 |
| Enterprise Value | 1.34 LCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -0.10% |
| Price Change 1M | -3.7% |
| Price Change 6M | 36.5% |
| Price Change 1Y | 55.3% |
| 3Y Cumulative Return | 35.7% |
| 5Y Cumulative Return | 35.6% |
| 7Y Cumulative Return | 18.2% |
| 10Y Cumulative Return | 14.8% |
| Revenue (TTM) |
| 1.57 LCr |
| Rev. Growth (Yr) | -11.6% |
| Earnings (TTM) | 17.83 kCr |
| Earnings Growth (Yr) | 17% |
Profitability | |
|---|---|
| Operating Margin | 22% |
| EBT Margin | 16% |
| Return on Equity | 0.98% |
| Return on Assets | 0.98% |
| Free Cashflow Yield | 52.51% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -2.46 kCr |
| Cash Flow from Operations (TTM) | 60.67 kCr |
| Cash Flow from Financing (TTM) | -3.51 kCr |
| Free Cash Flow (TTM) | 60.67 kCr |
| Free Cash Flow/Share (TTM) | 66.88 |
Balance Sheet | |
|---|---|
| Total Assets | 18.12 LCr |
| Shareholder Equity | 18.12 LCr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | -0.71 |
| Interest/Cashflow Ops | 1.71 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 4 |
| Dividend Yield | 2.65% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Balance Sheet: Strong Balance Sheet.
Profitability: Recent profitability of 11% is a good sign.
Size: It is among the top 200 market size companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Dividend: Dividend paying stock. Dividend yield of 2.65%.
Past Returns: Outperforming stock! In past three years, the stock has provided 35.7% return compared to 13.2% by NIFTY 50.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Momentum: Stock is suffering a negative price momentum. Stock is down -3.7% in last 30 days.
Balance Sheet: Strong Balance Sheet.
Profitability: Recent profitability of 11% is a good sign.
Size: It is among the top 200 market size companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Dividend: Dividend paying stock. Dividend yield of 2.65%.
Past Returns: Outperforming stock! In past three years, the stock has provided 35.7% return compared to 13.2% by NIFTY 50.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Momentum: Stock is suffering a negative price momentum. Stock is down -3.7% in last 30 days.
Investor Care | |
|---|---|
| Dividend Yield | 2.65% |
| Dividend/Share (TTM) | 4 |
| Shares Dilution (1Y) | 0.00% |
Financial Health | |
|---|---|
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 35.19 |
| RSI (5d) | 48.53 |
| RSI (21d) | 43.49 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal | Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Updated May 4, 2025
Canara Bank has experienced a significant decline of -10.46% this year, raising concerns among investors.
Mutual Fund and FII holdings in Canara Bank have decreased recently, indicating reduced investor confidence.
The mixed analyst recommendations on Canara Bank reflect uncertainty about its future performance, with equal splits between buy and sell ratings.
Summary of Canara Bank's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the Q3 FY 2025-26 earnings call, Canara Bank's management provided an optimistic outlook reflecting robust growth and performance. Key highlights include:
Global Business Growth: The bank's global business reached Rs.27.1 lakh crores, growing at 13.23% year-on-year.
Global Deposits: Deposits stood at Rs.15.21 lakh crores, reflecting a year-on-year growth of 12.95%.
Global Advances: Advances increased to Rs.11.92 lakh crores, up 13.59% from the previous year.
Profitability: Operating profits surged to Rs.9,119 crores, a 16.36% growth year-on-year. Net profit hit Rs.5,155 crores, up by 25.61%.
Return on Assets: ROA improved by 9 basis points to 1.13%.
Credit Quality: Gross NPA declined by 126 basis points to 2.08%, and net NPA decreased by 44 basis points to 0.45%. The provision coverage ratio rose by 293 basis points to 94.19%.
Retail Credit Growth: The retail segment grew impressively by 31.37% to Rs.2.73 lakh crores, while RAM credit also expanded at 18.70% to Rs.7.04 lakh crores.
Outlook on NIM and CASA: The management expects NIM to stabilize in the range of 2.45% to 2.50% despite pressure from deposit rates. The bank's CASA grew at 9.32%, with savings bank deposits rising at 8.51%.
ECL Implementation: The management noted that the Expected Credit Loss (ECL) framework would come into effect from April 2027, necessitating an additional provision of approximately Rs.10,000 crores, manageable against their projected profits of Rs.17,000 to Rs.20,000 crores.
Credit Growth Guidance: The bank maintains a growth guidance exceeding 13.59% for advances, supported by robust retail and MSME segments.
The management's perspective underscores a solid foundation for continued growth and profitability, bolstered by strong credit quality and a positive outlook on upcoming quarters.
Understand Canara Bank ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| LIFE INSURANCE CORPORATION OF INDIA | 4.56% |
| FOREIGN INSTITUTIONAL INVESTORS | 0.01% |
Distribution across major stakeholders
Detailed comparison of Canara Bank against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| SBIN | State Bank Of India | 9.84 LCr | 7.08 LCr | +5.90% | +41.80% | 9.3 | 1.39 | - | - |
| BANKBARODA | Bank Of Baroda | 1.5 LCr | 1.57 LCr |
Comprehensive comparison against sector averages
CANBK metrics compared to Banks
| Category | CANBK | Banks |
|---|---|---|
| PE | 5.99 | 9.82 |
| PS | 0.85 | 1.20 |
| Growth | 4.7 % | 8 % |
Canara Bank is a Public Sector Bank based in India, with the stock ticker CANBK. As of now, it has a substantial market capitalization of Rs. 89,300.5 Crores.
The bank offers a wide range of banking products and services both domestically and internationally. Its offerings include:
Personal Banking Services:
Corporate and Financial Services:
Digital Services:
NRI Banking Services:
In addition to these, Canara Bank provides supply chain finance management, syndication services, IPO monitoring, safe deposit lockers, and various consultancy services related to estates, wills, and trust management.
Founded in 1906, Canara Bank is headquartered in Bengaluru, India. It has reported a trailing twelve-month revenue of Rs. 149,785.8 Crores and has shown strong financial performance with a profit of Rs. 17,198.6 Crores over the past four quarters. The bank has achieved a revenue growth of 59.7% in the last three years.
Additionally, Canara Bank is committed to its investors, distributing dividends with a yield of 3.24% annually. Over the last twelve months, it returned Rs. 3.22 in dividends per share, reflecting its position as a profitable company.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
CANBK vs Banks (2021 - 2026)
The Nifty index has broken a falling trendline and is experiencing positive sentiment, suggesting potential upward momentum.
General • 02 Feb 2026 Credit Confirmation of Annual Interest Payment and Redemption payment |
Earnings Call Transcript • 30 Jan 2026 Earnings Call Transcript |
Newspaper Publication • 30 Jan 2026 Newspaper Publication |
Analyst / Investor Meet • 29 Jan 2026 Earnings conference call with Analysts / Investors: Unaudited Financial Results of the Bank for Q3 &HY 2025-26 - Audio/Video recording |
General • 29 Jan 2026 Security Cover Certificate Quarter ended 31.12.2025 |
General • 29 Jan 2026 Statement indicating utilisation of issue proceeds and deviation or variation for the quarter ended 31.12.2025 |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
1. Question by Ms. Mahrukh:
"Given that our margins are lower than peers, what steps will you take to align them? Is there a comfort level for margins below which you won't operate?"
Answer:
Our NIM contracted by 2 basis points due to a recent repo rate cut. We see a strong drive in RAM credit, with an 18.70% growth in this sector. If repo rates keep lowering, we still expect our NIM to stabilize between 2.45% and 2.50% as our CASA deposits, which grew 9.32%, improve.
2. Question by Ms. Mahrukh:
"What is the projected long-term impact of ECL on our credit costs under the new standards?"
Answer:
ECL will be implemented in April 2027, requiring about Rs.10,000 crores in provisions, expected to be amortized over four years. This translates to a potential quarterly impact of Rs.2,000 to Rs.2,500 crores. Given our strong profits, we can absorb this impact easily.
3. Question by Mr. Anand Dama:
"Why were PSLC fees lower this quarter? Is there a reason beyond seasonality?"
Answer:
We traditionally generate PSLC revenue mainly in the first quarter. We earned Rs.1,240 crores in Q2 and just Rs.140 crores in Q3 due to limited opportunities. We expect substantial earnings in Q4 as we offload excess PSLCs.
4. Question by Mr. Ashok Ajmera:
"Will you revise your credit growth targets given that you're already at 11%?"
Answer:
We initially expected 10% to 11% credit growth, but our current trajectory of 13.59% is promising. We intend to maintain this level and possibly exceed our initial targets.
5. Question by Mr. Jai Mundra:
"Can you provide a breakdown of SMA accounts and changes in provisioning?"
Answer:
SMA has decreased from Rs.43,000 crores to Rs.35,604 crores. SMA-1 is at Rs.10,593 crores, and SMA-2 is at Rs.15,454 crores. We have made additional provisions of Rs.1,946 crores in three accounts, ensuring we're prepared for any slippages.
6. Question by Mr. Chetan Wadia:
"What are your top growth areas for advances and expected yields?"
Answer:
Top growth areas include the RAM sector at an 18.70% growth with yields of 8.88%. MSME is growing at 13.74% with 9.28% yields, and gold loans at 30% with a yield around 9%. We're optimistic about our growth potential in these sectors.
7. Question by Mr. Gaurav Jani:
"How do you plan to address the disparity in deposit growth compared to loan growth?"
Answer:
Deposit growth stands at 12.95%, also higher than our guidance of 9% to 10%. We will continue to focus on CASA, as our savings accounts are showing solid growth, improving our deposit base to support our lending strategy.
8. Question by Mr. Ankit:
"Are you implementing any ECL provisions currently, or planning to wait?"
Answer:
We don't plan preemptive provisions before ECL rolls out. Current profits will suffice to absorb future ECL requirements while maintaining our capital adequacy without hindering growth.
Feel free to ask if you need any more information or specific follow-up questions!
Distribution across major institutional holders
| -6.20% |
| +31.60% |
| 6.19 |
| 0.95 |
| - |
| - |
| PNB | Punjab National Bank | 1.41 LCr | 1.5 LCr | -2.20% | +23.20% | 7.47 | 0.94 | - | - |
| UNIONBANK | Union Bank of India | 1.36 LCr | 1.31 LCr | +7.10% | +49.20% | 6.24 | 1.04 | - | - |
| INDIANB | Indian Bank | 1.17 LCr | 76.87 kCr | +0.80% | +59.00% | 7.74 | 1.53 | - | - |
| BANKINDIA | Bank of India | 74.51 kCr | 84.73 kCr | +8.00% | +52.10% | 5.61 | 0.88 | - | - |
| Employees cost | -10.3% | 4,508 | 5,028 | 4,996 | 5,009 | 4,649 | 4,537 |
| Other operating expenses | -149.8% | -2,923.64 | 5,869 | 5,786 | 5,285 | 3,704 | 5,277 |
| Operating expenses | -85.5% | 1,584 | 10,897 | 10,782 | 10,294 | 8,353 | 9,814 |
| Operating profit | 1% | 8,796 | 8,705 | 8,667 | 8,407 | 7,913 | 7,765 |
| Provisions other than tax and contingencies | 2.7% | 2,417 | 2,354 | 2,359 | 1,831 | 2,399 | 2,252 |
| Profit before tax | 0.4% | 6,379 | 6,351 | 6,308 | 6,576 | 5,515 | 5,513 |
| Tax expense | 1.7% | 1,510 | 1,485 | 1,472 | 1,478 | 1,354 | 0 |
| Profit after tax | 0% | 4,868 | 4,866 | 4,836 | 5,097 | 4,161 | 5,513 |
| Extraordinary items | - | 0 | 0 | -1,833.03 | 0 | 0 | -1,412.19 |
| Net profit (loss) for the period | 0% | 4,868 | 4,866 | 3,003 | 5,097 | 4,161 | 4,100 |
| Profit (loss) of minority interest | -278.4% | -79.3 | 46 | 38 | 41 | 42 | 39 |
| Reserve excluding revaluation reserves | - | - | - | - | - | - | - |
| CET 1 ratio | 0.1% | 0.124 | 0.1228 | 0.1237 | 0.1209 | 0.1649 | 0.1206 |
| Additional tier 1 ratio | 0.2% | 0.0223 | 0.0206 | 0.0229 | 0.0234 | 0.0258 | 0.0264 |
| Gross non performing assets | -8.2% | 24,842 | 27,050 | 29,535 | 31,548 | 35,084 | 37,785 |
| Non performing assets | -13% | 5,322 | 6,115 | 6,775 | 7,357 | 9,087 | 9,785 |
| Return on assets | 0.1% | 0.0119 | 0.011 | 0.0117 | 0.0123 | 0.0103 | 0 |
| Other income |
| 18.4% |
| 22,453 |
| 18,966 |
| 18,762 |
| 16,497 |
| 15,285 |
| 7,813 |
| Total income | 11.4% | 142,208 | 127,654 | 103,187 | 85,907 | 84,525 | 56,748 |
| Total expenditure | 12.8% | 110,818 | 98,242 | 75,471 | 62,818 | 64,516 | 47,388 |
| Interest expended | 14.6% | 82,683 | 72,122 | 52,989 | 43,026 | 45,178 | 35,811 |
| Employees cost | 8.7% | 17,856 | 16,434 | 13,744 | 12,704 | 12,690 | 7,134 |
| Other operating expenses | 6.1% | 10,278 | 9,686 | 8,738 | 7,088 | 6,648 | 4,443 |
| Operating expenses | 7.7% | 28,134 | 26,120 | 22,481 | 19,792 | 19,338 | 11,577 |
| Operating profit | 6.7% | 31,390 | 29,413 | 27,716 | 23,089 | 20,009 | 9,360 |
| Provisions other than tax and contingencies | -9.7% | 8,764 | 9,708 | 13,543 | 12,772 | 16,302 | 11,115 |
| Exceptional items | - | 0 | 0 | 0 | -1,354.9 | 0 | 0 |
| Profit before tax | 14.8% | 22,627 | 19,705 | 14,173 | 8,962 | 3,707 | -1,755.57 |
| Tax expense | 8.7% | 5,600 | 5,151 | 3,569 | 3,283 | 1,150 | 480 |
| Profit after tax | 17% | 17,027 | 14,554 | 10,604 | 5,678 | 2,558 | -2,235.72 |
| Net profit (loss) for the period | 17% | 17,027 | 14,554 | 10,604 | 5,678 | 2,558 | -2,235.72 |
| Reserve excluding revaluation reserves | - | 91,636 | - | - | - | - | - |
| CET 1 ratio | 0.5% | 0.1203 | 0.1158 | 0.1159 | 0.1026 | 0.0861 | 0.0939 |
| Additional tier 1 ratio | 0% | 0.0234 | 0.0237 | 0.0219 | 0.0165 | 0.0147 | 073 |
| Gross non performing assets | -22.4% | 31,530 | 40,605 | 46,160 | 55,652 | 60,288 | 37,041 |
| Non performing assets | -37.8% | 7,353 | 11,823 | 14,349 | 18,668 | 24,442 | 18,251 |
| Return on assets | 0.1% | 0.0109 | 0.0101 | 081 | 048 | 023 | -032 |
| Borrowings |
| 1.6% |
| 91,131 |
| 89,665 |
| 94,782 |
| 57,592 |
| 81,065 |
| 58,090 |
| Other liabilities and provisions | 3.1% | 37,542 | 36,401 | 36,503 | 34,627 | 32,058 | 34,817 |
| 53.6% |
| -17,993.74 |
| -38,779.84 |
| 0 |
| 0 |
| - |
| - |
| Change in trade receivables | -15.8% | -127,128.63 | -109,820.1 | -136,540.81 | -74,850.75 | - | - |
| Change in trade payables | 2238.6% | 29,973 | -1,400.51 | 92,809 | 68,266 | - | - |
| Adjustments for Provisions | 193.8% | 799 | -850.03 | 4,374 | -21,359.8 | - | - |
| Total adj. for working capital | 295.4% | 29,595 | -15,146.21 | -68,283.54 | -21,849.06 | - | - |
| Net Cashflows From Operations | 274.6% | 63,989 | 17,083 | -36,536.72 | 268 | - | - |
| Income taxes paid (refund) | 42.9% | 4,042 | 2,829 | 4,140 | 0 | - | - |
| Net Cashflows From Operating Activities | 320.6% | 59,947 | 14,254 | -40,676.36 | 268 | - | - |
| Proceeds from sales of tangible assets | - | 0 | 0 | 0 | -545.14 | - | - |
| Purchase of tangible assets | 27.9% | 1,448 | 1,132 | 486 | 0 | - | - |
| Dividends received | 21.3% | 115 | 95 | 0 | 56 | - | - |
| Net Cashflows From Investing Activities | -71.7% | -1,860.12 | -1,083.13 | -389.59 | -657.28 | - | - |
| Proceeds from issuing shares | - | 0 | 0 | 0 | 2,490 | - | - |
| Proceeds from issuing debt etc | 105.7% | 7,000 | 3,403 | 0 | 0 | - | - |
| Proceeds from borrowings | - | 0 | 0 | 6,000 | 6,500 | - | - |
| Repayments of borrowings | 96% | 4,900 | 2,500 | 1,950 | 2,930 | - | - |
| Dividends paid | 34.2% | 2,921 | 2,177 | 2,436 | 0 | - | - |
| Interest paid | 4.8% | 2,685 | 2,561 | 1,179 | 2,025 | - | - |
| Net Cashflows From Financing Activities | 8.6% | -3,505.99 | -3,834.47 | 435 | 4,035 | - | - |
| Net change in cash and cash eq. | 484.6% | 54,580 | 9,337 | -40,631.11 | 3,646 | - | - |
Press Release / Media Release • 29 Jan 2026 Press Release |
Analysis of Canara Bank's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Retail Banking operations | 42.8% | 16.8 kCr |
| wholesale Banking operations | 31.7% | 12.4 kCr |
| Treasury Operations | 25.5% | 10 kCr |
| Total | 39.2 kCr |