Canara Bank Share Price

  • 97.012.56 (2.70%)
  • Volume: 2,67,16,825
  • Closed
  • Last Updated On: 22 Nov, 2024, 03:59 PM IST
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Canara Bank Share Price

  • 97.012.56 (2.70%)
  • Volume: 2,67,16,825

Canara Bank share price insights

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  • 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)

  • 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)

  • Weekly stochastic crossover appeared on week ending Nov 22, 2024. Average price decline of -8.41% within 7 weeks of this signal in last 10 years.

  • 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 up by 2.70% from its previous close of Rs 94.46. Canara Bank stock last traded price is 97.01

    Share PriceValue
    Today/Current/Last97.01
    Previous Day94.4694.50

InsightsCanara Bank

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    Key Metrics

    PE Ratio
    (x)
    5.50
    EPS - TTM
    (₹)
    17.64
    MCap
    (₹ Cr.)
    87,994.39
    Sectoral MCap Rank
    10
    PB Ratio
    (x)
    0.92
    Div Yield
    (%)
    3.32
    Face Value
    (₹)
    2.00
    Beta

    Beta

    1 Month1.70
    3 Months1.96
    6 Months2.07
    1 Year1.90
    3 Years1.89

    1.70
    VWAP
    (₹)
    96.80
    52W H/L
    (₹)
    128.90 / 77.80

    Canara Bank Share Price Returns

    1 Day2.7%
    1 Week-0.49%
    1 Month0.23%
    3 Months-13.64%
    1 Year22.91%
    3 Years129.01%
    5 Years119.28%

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    Canara Bank Share Analysis

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    Canara Bank Share Recommendations

    Recent Recos

    BUY

    Current

    Mean Recos by 15 Analysts

    Strong
    Sell
    SellHoldBuyStrong
    Buy
    • Target₹650
    • OrganizationMotilal Oswal Financial Services
    • BUY
    • Target₹650
    • OrganizationMotilal Oswal Financial Services
    • BUY

    Analyst Trends

    RatingsCurrent1 Week Ago1 Month Ago3 Months Ago
    Strong Buy7766
    Buy2222
    Hold3332
    Sell3333
    Strong Sell---1
    # Analysts15151414

    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 | AnnualSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
      Total Income38,006.0536,965.7537,384.1435,630.1833,891.21
      Total Income Growth (%)2.81-1.124.925.135.06
      Provisions & Contingencies2,252.002,282.112,483.681,899.032,608.58
      Provisions & Contingencies Growth (%)-1.32-8.1230.79-27.20-4.08
      Profit after Tax (PAT)4,187.764,067.513,951.763,790.213,860.03
      PAT Growth (%)2.962.934.26-1.813.24
      Gross NPA (%)3.734.144.234.394.76
      Net NPA (%)0.991.241.271.321.41
      Net Profit Margin (%)11.0211.0010.5710.6411.39
      Basic EPS (₹)4.624.4821.7820.8920.93
      Quarterly | AnnualSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
      Total Income34,721.0734,020.2334,025.1832,333.9331,472.18
      Total Income Growth (%)2.06-0.015.232.745.53
      Provisions & Contingencies2,251.292,282.342,481.821,898.912,607.95
      Provisions & Contingencies Growth (%)-1.36-8.0430.70-27.19-4.08
      Profit after Tax (PAT)4,014.533,905.283,757.233,656.123,606.14
      PAT Growth (%)2.803.942.771.392.02
      Gross NPA (%)3.734.144.234.394.76
      Net NPA (%)0.991.241.271.321.41
      Net Profit Margin (%)11.5611.4811.0411.3111.46
      Basic EPS (₹)4.434.3120.7120.1519.88
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Income1,39,164.941,11,209.7694,256.8893,659.7561,558.16
      Total Income Growth (%)25.1417.990.6452.156.39
      Provisions & Contingencies14,928.1317,166.4817,502.6217,490.3711,696.51
      Provisions & Contingencies Growth (%)-13.04-1.920.0749.5312.40
      Profit after Tax (PAT)15,278.5611,254.756,124.822,890.60-1,986.43
      PAT Growth (%)36.7786.50114.48--469.64
      Net Interest Margin (%)2.502.382.192.121.88
      Net Profit Margin (%)13.8213.108.674.11-3.99
      Basic EPS (₹)84.2262.0435.0419.11-23.55
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Income1,27,654.361,03,186.9885,907.1484,525.0856,748.14
      Total Income Growth (%)23.7120.111.6448.956.30
      Provisions & Contingencies14,858.2617,112.2517,410.5617,451.6911,595.54
      Provisions & Contingencies Growth (%)-13.17-1.71-0.2450.5013.20
      Profit after Tax (PAT)14,554.3210,603.765,678.412,557.58-2,235.72
      PAT Growth (%)37.2686.74122.02--744.27
      Net Interest Margin (%)2.452.332.152.081.81
      Net Profit Margin (%)13.3912.568.183.69-4.56
      Basic EPS (₹)80.2358.4532.4916.91-26.50

      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
      Advances9,31,786.588,30,929.187,03,864.056,39,286.544,32,403.38
      Advances Growth (%)12.1418.0510.1047.841.00
      Deposits13,12,242.4711,79,086.4810,86,340.9510,10,985.026,25,408.32
      Deposits Growth (%)11.298.547.4561.654.39
      Total Equity93,133.6778,957.5470,786.0263,202.9641,936.05
      Total Equity Growth (%)17.9511.5412.0050.719.33
      Gross NPA (%)-----
      Net NPA (%)-----
      Capital Adequacy Ratios (%)-----
      Contingent Liabilities1,98,873.842,89,566.073,75,380.115,07,289.383,73,712.88
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Advances9,31,612.838,30,672.557,03,601.826,39,048.994,32,175.20
      Advances Growth (%)12.1518.0610.1047.871.04
      Deposits13,12,366.6111,79,218.6110,86,409.2510,10,874.586,25,351.17
      Deposits Growth (%)11.298.547.4761.654.39
      Total Equity86,954.5973,607.1866,111.3158,884.9339,292.96
      Total Equity Growth (%)18.1311.3412.2749.868.61
      Gross NPA (%)4.235.357.518.938.21
      Net NPA (%)1.271.732.653.824.22
      Capital Adequacy Ratios (%)16.2816.6814.9013.1813.65
      Contingent Liabilities1,98,350.482,89,047.473,75,138.025,07,071.813,73,497.97

      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 Activities15,046.50-39,977.87918.9959,117.67-5,288.43
      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-3,834.47445.364,035.45290.087,792.27
      Net Cash Flow9,461.87-40,688.613,525.0658,291.292,058.58
      Closing Cash & Cash Equivalent1,51,164.691,41,702.821,82,391.431,78,866.3968,589.82
      Closing Cash & Cash Equivalent Growth (%)6.68-22.311.97160.783.09
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities14,254.12-40,676.37268.1058,533.23-5,458.74
      Net Cash used in Investing Activities-1,083.13-389.58-657.28-665.84-277.05
      Net Cash flow from Financing Activities-3,834.47434.854,035.45283.897,854.57
      Net Cash Flow9,336.52-40,631.103,646.2758,151.282,118.78
      Closing Cash & Cash Equivalent1,50,759.721,41,423.201,82,054.301,78,408.0368,271.47
      Closing Cash & Cash Equivalent Growth (%)6.60-22.322.04161.323.20

      All figures in Rs Cr, unless mentioned otherwise

    • Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)18.4015.949.965.34-5.69
      Return on Assets (%)0.990.810.480.24-0.26
      Cost to Income (%)55.6842.6348.1948.8745.10
      Interest income to Earning assets (%)7.196.215.615.956.71
      Interest Expense to Earning assets (%)4.693.833.423.834.83
      Price to Earnings (x)6.904.596.748.68-4.69
      Price to Book (x)1.270.730.670.460.27
      Price to Sales (x)0.950.600.580.360.19
      Operating Profit Margin (%)-12.54-16.90-25.27-29.54-27.77
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)18.6916.039.855.05-6.78
      Return on Assets (%)0.970.780.460.22-0.30
      Cost to Income (%)47.0344.7843.3043.5240.83
      Interest income to Earning assets (%)7.286.275.656.006.76
      Interest Expense to Earning assets (%)4.833.933.503.914.94
      Price to Earnings (x)7.254.877.279.80-4.17
      Price to Book (x)1.350.780.720.500.28
      Price to Sales (x)0.970.610.590.360.19
      Operating Profit Margin (%)-4.05-9.66-15.58-18.38-20.53

    Financial InsightsCanara Bank

    • Income (P&L)
    • Balance Sheet
    • Cash Flow
      • 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)

      • 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)

      • 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)

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    Canara Bank Share Price Forecast

    • Get multiple analysts’ prediction on Canara Bank

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      • Details about company earnings
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      • Details about company earnings
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    Canara Bank Technicals

    • Bullish / Bearish signals for Canara Bank basis selected technical indicators and moving average crossovers.

      Stochastic Crossover

      Bearish signal on weekly chart

      Appeared on: 22 Nov 2024

      Region: Equlibrium

      Last 4 Sell Signals:18 Oct 2024
      Date7 weeks Gain/Loss %
      18 Oct 2024-11.17%
      6 Sep 2024-2.60%
      5 Jul 2024-11.65%
      10 May 20241.98%

      Average price decline of -8.41% within 7 weeks of Bearish signal in last 10 years

    • 45%
      Positive Movement since
      1st Jan 2005 on basis
      54%
      Negative Movement since
      1st Jan 2005 on basis
      Exclude
    • Pivot Levels

      R1R2R3PIVOTS1S2S3
      Classic98.2199.41102.2496.5895.3893.7590.92

      Average True Range

      5 DAYS14 DAYS28 DAYS
      ATR3.733.433.27

    Canara Bank Peer Comparison

      • 1D
      • 1W
      • 1M
      • 3M
      • 6M
      • 1Y
      • 5Y
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    • Ratio Performance

      NAMEP/E (x)P/B (x)ROE %ROA %Rev CAGR [3Yr]OPMNPMNIM %Cost to Income %Interest income to Earning assets %Net NPA %Capital Adequacy Ratio %
      Canara Bank5.500.9418.400.9913.96-12.5413.822.5055.687.191.2716.28
      Bank of Baroda6.101.0115.671.1316.61-4.2115.852.9247.767.150.6816.31
      PNB7.931.038.920.568.72-4.588.352.5353.486.820.7315.97
      IOB32.103.4510.730.759.69-12.4611.072.7956.306.830.5717.28
      Union Bank India5.720.9015.020.9812.28-4.0813.742.6348.347.151.0316.97
      Add More
      Annual Ratios (%)

      Choose from Peers

      • IDBI Bank
      • Indian Bank
      • UCO Bank
      • Bank of India
      • Central Bank

      Choose from Stocks

      Peers InsightsCanara Bank

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        Canara Bank Shareholding Pattern

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          Showing Canara Bank Shareholding as on 30 Jun 2024
          Category30 Jun 202431 Mar 202431 Dec 202330 Sep 2023
          Promoters62.9362.9362.9362.93
          Pledge0.000.000.000.00
          FII11.9110.5711.2010.19
          DII11.0914.2714.0214.63
          Mutual Funds3.495.825.214.83
          Others14.0612.2311.8512.25
        • Showing Shareholding as on 30 Jun 2024
          CategoryNo. of SharesPercentage% Change QoQ
          Promoters5,70,85,48,39062.93 %0.00
          Pledge00.00 %0.00
          FII1,08,02,92,67711.91 %1.33
          DII1,00,60,10,36511.09 %-3.18
          MF31,62,58,5213.49 %-2.33
          Others1,27,57,99,82814.06 %1.83

        Canara Bank MF Ownership

        MF Ownership as on 31 October 2024

        Canara Bank F&O Quote

          • Expiry

          Price

          96.842.37 (2.51%)

          Open Interest

          26,29,26,000-13,844,250 (-5.00%)

          OpenHighLowPrev CloseContracts TradedTurnover (₹ Lakhs)
          95.0997.7994.8194.479,09859,469.15

          Open Interest as of 22 Nov 2024

          • Type
          • Expiry
          • Strike Price

          Price

          0.800.25 (45.45%)

          Open Interest

          46,50,75018,15,750 (64.05%)

          OpenHighLowPrev CloseContracts TradedTurnover (₹ Lakhs)
          0.651.050.600.553,01620,292.37

          Open Interest as of 22 Nov 2024

        Canara Bank Corporate Actions

        • Meeting DateAnnounced onPurposeDetails
          Nov 27, 2024Sep 30, 2024EGM-
          Oct 29, 2024Oct 18, 2024Board MeetingQuarterly Results
          Jul 25, 2024Jul 15, 2024Board MeetingQuarterly Results
          Jun 28, 2024May 08, 2024AGM-
          May 08, 2024Apr 25, 2024Board MeetingAudited Results & Dividend
        • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
          Final161%3.22Jun 14, 2024May 08, 2024
          Final120%12.0Jun 14, 2023May 08, 2023
          Final65%6.5Jun 15, 2022May 06, 2022
          Final10%1.0Jul 12, 2017May 11, 2017
          Final105%10.5Jun 25, 2015May 25, 2015
        • All TypesEx-DateRecord DateAnnounced onDetails
          SplitsMay 15, 2024May 15, 2024Feb 26, 2024Split: Old FV10.0| New FV:2.0
          RightsFeb 17, 2017Feb 20, 2017Sep 23, 2016Rights ratio: 1 share for every 10 held at a price of Rs 207.0
          Splits--Aug 26, 2014Split: 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 87,994.39 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 Chairman
          KS

          K Satyanarayana Raju

          Managing Director & CEO
          AC

          Ashok Chandra

          Executive Director
          BK

          Bhavendra Kumar

          Executive Director
          Show More
        • P A & Associates
          K Venkatachalam Aiyer & Co.
          Arun K Agarwal & Associates
          Rodi Dabir & Co

        FAQs about Canara Bank share

        • 1. What's Canara Bank share price today and what are Canara Bank share returns ?
          As on 22 Nov, 2024, 03:59 PM IST Canara Bank share price was up by 2.70% basis the previous closing price of Rs 97.81. Canara Bank share price was Rs 97.01. Return Performance of Canara Bank Shares:
          • 1 Week: Canara Bank share price moved down by 0.49%
          • 1 Month: Canara Bank share price moved up by 0.23%
          • 3 Month: Canara Bank share price moved down by 13.64%
          • 6 Month: Canara Bank share price moved down by 16.37%
        • 2. What's the market capitalization of Canara Bank?
          Canara Bank share has a market capitalization of Rs 87,994.39 Cr. Within Banks sector, it's market cap rank is 10.
        • 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 5.50
          • Price/Sales ratio of Canara Bank is 0.95
          • Price to Book ratio of Canara Bank is 0.92
        • 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 5.36, while the PB ratio is 0.18.
        • 10. What are the returns for Canara Bank share?
          Return Performance of Canara Bank Shares:
          • 1 Week: Canara Bank share price moved down by 0.49%
          • 1 Month: Canara Bank share price moved up by 0.23%
          • 3 Month: Canara Bank share price moved down by 13.64%
          • 6 Month: Canara Bank share price moved down by 16.37%
        • 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 77.80
        • 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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