Canara Bank

Canara Bank Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Canara Bank

₹ 108 0.75%
21 May - close price
canarabank.com BSE: 532483 NSE: CANBK
About

Canara Bank was merged with erstwhile Syndicate Bank in FY21.{# Canara was incorporated in 1906 and nationalised in 1969, along with 13 other major commercial banks of India, by the GoI. The bank is headquartered in Bangalore.Canara Bank was merged with erstwhile Syndicate Bank (e-SB) on April 1, 2020 #page=4 #}

Key Points

Ratios as of FY24[1]
CARA - 16.28%
Net Interest Margin - 3.05%
Gross NPA - 4.23%
Net NPA - 1.27%
CASA Ratio - 32.29%
Gross Loan Portfolio: Rs. 9,60,602 Crs.
PCR: 89.10 %[2]
Cost to Income Ratio: 47.03
Cost of Funds: 5%[3]

Market Share[4]*
The bank has a market share of 6.2% and 6.5% in net advances and total deposits, respectively as on Jun'23

Website BSE NSE
  • Market Cap ₹ 97,818 Cr.
  • Current Price ₹ 108
  • High / Low ₹ 129 / 78.6
  • Stock P/E 5.58
  • Book Value ₹ 116
  • Dividend Yield 3.71 %
  • ROCE 6.79 %
  • ROE 17.8 %
  • Face Value ₹ 2.00
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Pros

  • Stock is trading at 0.93 times its book value
  • Stock is providing a good dividend yield of 3.71%.
  • Company has delivered good profit growth of 61.9% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 19.7%

Cons

  • Company has low interest coverage ratio.
  • Contingent liabilities of Rs.2,23,809 Cr.
  • Earnings include an other income of Rs.31,057 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Banks Industry: Banks - Public Sector

Part of BSE 500 BSE 100 BSE 200 BSE PSU Nifty Next 50

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
18,227 18,537 20,482 22,561 24,304 25,451 27,290 28,492 29,286 29,173 30,182 30,751 31,496
Interest 10,856 11,396 12,681 13,622 15,292 16,337 17,934 18,620 19,226 19,534 20,427 21,163 21,556
10,824 9,382 11,326 10,831 12,253 10,990 10,859 12,001 13,198 12,010 12,066 10,752 12,124
Financing Profit -3,453 -2,241 -3,525 -1,891 -3,241 -1,876 -1,504 -2,129 -3,138 -2,371 -2,312 -1,165 -2,185
Financing Margin % -19% -12% -17% -8% -13% -7% -6% -7% -11% -8% -8% -4% -7%
6,292 5,202 6,876 5,777 7,470 6,809 6,602 7,138 8,098 7,793 7,824 6,679 8,761
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 2,839 2,961 3,351 3,886 4,229 4,933 5,098 5,009 4,960 5,422 5,513 5,515 6,576
Tax % 31% 30% 23% 25% 24% 28% 28% 25% 24% 27% 26% 25% 22%
2,061 2,193 2,730 3,058 3,364 3,755 3,829 3,827 3,991 4,098 4,227 4,256 5,111
EPS in Rs 2.12 2.40 2.98 3.34 3.68 4.12 4.19 4.18 4.36 4.48 4.62 4.65 5.59
Gross NPA % 7.51% 6.99% 6.37% 5.90% 5.35% 5.16% 4.76% 4.39% 4.23% 4.14% 3.73% 3.34% 2.94%
Net NPA % 2.65% 2.48% 2.19% 1.96% 1.73% 1.57% 1.41% 1.32% 1.27% 1.24% 0.99% 0.89% 0.70%
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
39,570 43,813 44,039 41,457 41,345 47,951 49,759 70,253 70,614 85,885 110,519 121,601
Interest 30,606 34,133 34,263 31,540 29,113 32,339 35,817 45,182 43,035 52,990 72,118 82,681
9,636 10,302 17,785 15,691 25,582 27,202 26,809 43,437 41,235 42,772 46,146 46,952
Financing Profit -672 -621 -8,008 -5,775 -13,350 -11,590 -12,867 -18,367 -13,657 -9,877 -7,745 -8,032
Financing Margin % -2% -1% -18% -14% -32% -24% -26% -26% -19% -12% -7% -7%
4,144 4,733 5,266 7,852 7,398 9,907 11,799 23,086 23,643 25,325 28,646 31,057
Depreciation 230 429 172 331 456 429 446 838 841 1,021 902 0
Profit before tax 3,242 3,683 -2,914 1,746 -6,408 -2,111 -1,514 3,882 9,145 14,427 20,000 23,025
Tax % 20% 22% -13% 29% -36% -126% 34% 30% 37% 25% 26% 25%
2,672 2,931 -2,535 1,411 -3,873 696 -1,921 2,957 6,158 11,345 15,401 17,692
EPS in Rs 10.37 10.96 -8.73 4.55 -10.78 1.60 -3.86 3.51 6.75 12.41 16.84 19.34
Dividend Payout % 19% 17% 0% 4% 0% 0% 0% 0% 19% 19% 19% 21%
Compounded Sales Growth
10 Years: 11%
5 Years: 20%
3 Years: 20%
TTM: 10%
Compounded Profit Growth
10 Years: 20%
5 Years: 62%
3 Years: 42%
TTM: 15%
Stock Price CAGR
10 Years: 5%
5 Years: 47%
3 Years: 41%
1 Year: -7%
Return on Equity
10 Years: 8%
5 Years: 14%
3 Years: 17%
Last Year: 18%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 461 475 543 597 733 753 1,030 1,647 1,814 1,814 1,814 1,814
Reserves 29,715 32,017 31,867 34,088 36,164 36,936 40,176 60,763 68,147 76,240 90,319 103,603
Deposits 431,880 485,802 479,749 495,266 524,847 599,123 625,408 1,010,985 1,086,341 1,179,086 1,312,242 1,456,495
Borrowing 16,034 13,686 26,963 39,592 38,910 41,043 42,762 50,013 46,285 58,073 57,538 89,665
23,000 26,578 24,603 26,615 30,781 33,928 32,064 56,132 56,202 65,816 73,104 79,114
Total Liabilities 501,090 558,558 563,725 596,159 631,435 711,783 741,440 1,179,540 1,258,789 1,381,030 1,535,018 1,730,691
6,661 6,969 7,206 7,185 8,335 8,433 8,323 11,269 11,447 10,334 12,331 10,302
CWIP 1 1 0 0 0 0 0 2 2 0 0 0
Investments 135,445 152,122 152,470 162,073 157,444 168,678 192,645 286,191 311,347 352,893 399,207 426,188
358,982 399,466 404,049 426,901 465,657 534,672 540,472 882,077 935,992 1,017,803 1,123,480 1,294,201
Total Assets 501,090 558,558 563,725 596,159 631,435 711,783 741,440 1,179,540 1,258,789 1,381,030 1,535,018 1,730,691

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
14,244 6,344 9,346 2,575 -11,120 18,237 -5,289 59,118 919 -39,978 15,046 60,669
-380 -1,104 -443 -476 -487 -745 -445 -1,116 -1,429 -1,156 -1,750 -2,461
-3,771 -1,464 -806 124 2,865 -1,185 7,792 290 4,035 445 -3,834 -3,506
Net Cash Flow 10,092 3,776 8,096 2,224 -8,743 16,307 2,059 58,291 3,525 -40,689 9,462 54,701

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
ROE % 10% 9% -8% 4% -11% 2% -5% 6% 9% 15% 18% 18%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
62.93% 62.93% 62.93% 62.93% 62.93% 62.93% 62.93% 62.93% 62.93% 62.93% 62.93% 62.93%
7.97% 8.44% 8.74% 8.95% 8.91% 10.19% 11.21% 10.57% 11.91% 11.26% 11.10% 10.54%
13.82% 15.34% 16.60% 16.20% 15.93% 14.91% 14.29% 14.39% 11.19% 11.65% 11.71% 11.85%
15.27% 13.28% 11.72% 11.92% 12.21% 11.96% 11.55% 12.10% 13.94% 14.17% 14.24% 14.67%
No. of Shareholders 6,76,4876,47,8646,16,0246,29,4446,35,5566,38,4016,44,7707,59,08311,93,26716,39,36317,48,70817,99,432

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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