Canara Bank Share Price
(CANBK)
₹87.84▲2.66%
as on 12:58PM, 20 Feb 2025
Canara Bank Performance
Day's Low
Day's High
₹85Day's Price Range₹87.8952 Week's Low
52 Week's High
₹83.5252-Week Price Range₹128.9
| Returns % | |
| 1 Month Return | -15.32 % |
| 3 Month Return | -9.42 % |
| 1 Year Return | -24.82 % |
| Market Stats | |
| Previous Close | ₹85.56 |
| Open | ₹87.81 |
| Volume | 2.75Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹77,608.49Cr |
Canara Bank Key Statistics
P/E Ratio
4.73
PEG Ratio
2.43
Market Cap
₹77,608.49 Cr
P/B Ratio
1.35
EPS
16.296
Dividend Yield
2.77
Sector
Banks
ROE
20.22
Canara Bank Mutual Fund Holdings
Canara Bank Analyst Rating
based on 17 analysts
75.00%
Buy
18.75%
Hold
6.25%
Sell
Based on 17 analysts offering long term price targets for Canara Bank. An average target of ₹113.88
Source: S&P Global Market Intelligence
Canara Bank Share analysis
Canara Bank price forecast by 17 analysts
Upside of33.10%
High
₹135
Target
₹113.88
Low
₹80
Canara Bank target price ₹113.88, a slight upside of 33.1% compared to current price of ₹87.84. According to 17 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Canara Bank revenue growth forecast
Expected growth rate Q1, FY2027:0
Forecast
Actual
Including amortisation and stock based compensations
Canara Bank EPS growth forecast
EPS estimate Q1, FY2027:13.60%
Forecast
Actual
Source: S&P Global Market Intelligence
What's happening today
Today's Timeline - Invalid Date
00:36 AM
-Secured lenders, including Canara Bank, expected to recover up to 115% of their exposure in CNTL.
11:00 AM
-Canara Bank was one of the top gainers in the Bank Nifty index.
Key events for Canara Bank
Canara Bank Gains Amid Positive Recovery Outlook - 20 Feb, 2025
On February 20, 2025, Canara Bank was highlighted as a top gainer in the Bank Nifty index, while secured lenders, including the bank, are expected to recover up to 115% of their claims in CNTL.Canara Bank Plans IPOs for Asset Management and Insurance - 18 Feb, 2025
Canara Bank is set to divest its shareholding in Canara Robeco Asset Management and Canara HSBC Life Insurance through IPOs, offering significant upside potential. The stock is currently valued at 0.79 times book value.Canara Bank Revises Repo Linked Lending Rate - 12 Feb, 2025
Canara Bank has reduced its Repo Linked Lending Rate (RLLR) from 9.25% to 9.00%. This new rate applies to new accounts opened on or after February 12, 2025, and to accounts completing three years under the RLLR regime from the loan grant date.Canara Bank Appoints Chief Economist and Announces MCLR - 11 Feb, 2025
Canara Bank has appointed Dr. Madhavankutty G as chief economist, effective January 2025, and announced new MCLR rates effective February 12, 2025.Canara Bank Appoints Chief Economist, Bond Call Options Announced - 10 Feb, 2025
Canara Bank has appointed Dr. Madhavankutty G as chief economist starting January 2025. The bank also announced a record date for exercising call options on ₹4,500 crore bonds, scheduled for March 2025, alongside reporting a 12.25% YoY net profit growth for Q3.Court Stays Canara Bank's Fraudulent Loan Classification - 07 Feb, 2025
The Bombay High Court has temporarily halted Canara Bank's classification of Anil Ambani's loan account as fraudulent until March 2024, questioning the bank's due process.L V Prabhakar Appointed to IBBI Board - 03 Feb, 2025
The government has appointed L V Prabhakar, former MD & CEO of Canara Bank, as a part-time member of the Insolvency and Bankruptcy Board of India, effective January 27, 2025. Prabhakar brings over three decades of banking experience.Canara Bank CEO Discusses Growth and Innovation - 31 Jan, 2025
K Satyanarayana Raju, MD and CEO of Canara Bank, participated in a panel discussion addressing customer growth and innovation in the PSU banking sector.Canara Bank Aims to Boost Provision Coverage Ratio - 29 Jan, 2025
Canara Bank plans to increase its provision coverage ratio to 95% from 91% to strengthen its balance sheet. The bank aims for a net profit growth of 10-15% and has raised Rs 3,000 crore of its Rs 4,500 crore target in additional tier-1 bonds, with plans to raise the remaining amount depending on market conditions.Canara Bank Reports Strong Q3 Results Amid Growth Concerns - 28 Jan, 2025
Canara Bank reported a 12.25% increase in Q3 net profit to ₹4,104 crore. Despite strong results, the CEO expressed caution on future growth and margins due to liquidity issues. Analysts maintain positive ratings with target prices of ₹115 and ₹120.Canara Bank Q3 Profit Rises Amid NII Decline - 27 Jan, 2025
Canara Bank's Q3 results show a 12.25% increase in net profit to Rs 4,104 crore, driven by non-interest income, despite a decline in net interest income and share price drop.RBI Penalizes Canara Bank for Compliance Issues - 24 Jan, 2025
The Reserve Bank of India has imposed a penalty of ₹1.63 crore on Canara Bank for failing to comply with guidelines on priority sector lending and financial inclusion.
Insights on Canara Bank
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 14.17% to 14.23% in Dec 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 5 quarters, 3.79K Cr → 4.21K Cr (in ₹), with an average increase of 2.6% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 62.93% of holdings in Dec 2024 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 4.34% to 4.26% in Dec 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 11.25% to 11.11% in Dec 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 38.00K Cr → 37.42K Cr (in ₹), with an average decrease of 1.5% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 year, CANBK stock has moved down by -24.8%
Canara Bank Financials
Index Inclusions
Canara Bank Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 62.93% | 0.00 | |
| Foreign Institutions | 11.11% | ||
| Mutual Funds | 4.26% | ||
| Retail Investors | 14.23% | 0.47 | |
| Others | 7.47% | 2.12 |
Canara Bank Key Indicators
Canara Bank Valuation
Canara Bank in the last 5 years
Lowest (-8.58x)
March 4, 2021
Today (4.73x)
February 19, 2025
Industry (14.67x)
February 19, 2025
Highest (35.86x)
April 2, 2019
Canara Bank Earnings and Dividends
Canara Bank Earnings Results
Canara Bank’s net profit jumped 11.19% since last year same period to ₹4,214.16Cr in the Q3 2024-2025. On a quarterly growth basis, Canara Bank has generated 0.63% jump in its net profits since last 3-months.
Read More about Earnings ResultsCanara Bank Dividends May,2024
In the quarter ending March 2024, Canara Bank has declared dividend of ₹3.22 - translating a dividend yield of 17.79%.
Read More about Dividends
Canara Bank Technicals Summary
Bearish
Neutral
Bullish
Canara Bank is currently in a Bearish trading position according to technical analysis indicators.
Canara Bank Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹77,608.49 Cr | 29.56% | NA | ₹15,278 Cr | ₹1,39,164 Cr | |
| BUY | ₹45,239.86 Cr | 13.15% | NA | ₹6,564 Cr | ₹67,488 Cr | |
| BUY | ₹87,725.40 Cr | 32% | NA | ₹13,797 Cr | ₹1,18,188 Cr | |
| BUY | ₹1,06,723.47 Cr | 15.14% | NA | ₹9,107 Cr | ₹1,23,222 Cr | |
| BUY | ₹70,843.57 Cr | 106.13% | NA | ₹8,419 Cr | ₹64,231 Cr |
About Canara Bank
Canara Bank operates primarily in India but has a significant international presence with branches in the UK, UAE, Russia, South Africa, and several other countries. The bank has several subsidiaries, including Canara HSBC Life Insurance, Canara Robeco Asset Management, and Canbank Factors Limited, which cater to insurance, asset management, and factoring services, respectively. A notable fact about Canara Bank is its merger with Syndicate Bank in 2020, making it one of the largest public sector banks in India. The merger has enhanced its scale, expanded its network, and strengthened its market position in the Indian banking industry.
Share Price: ₹87.84 per share as on 20 Feb, 2025 12:58 PM
Market Capitalisation: ₹77,608.49Cr as of today
Revenue: ₹37,429.90Cr as on December 2024 (Q4 24)
Net Profit: ₹4,214.16Cr as on December 2024 (Q4 24)
Listing date: 23 Dec, 2002
Chairperson Name: Vijay Srirangan
| Organisation | Canara Bank |
| Headquarters | |
| Industry | Banks |
| E-voting on shares | Click here to vote |
FAQs on Canara Bank
What is Canara Bank price today?
Canara Bank share price today stands at ₹87.84, Open: ₹87.81, Previous Close: ₹85.56, High: ₹87.89, Low: ₹85, 52 Week High: ₹128.9, 52 Week Low: ₹83.52.
How to Buy Canara Bank Share in India?
- Get a PAN card
- Open a Demat account
- Open a Trading account
- Link your Demat account to your Trading account
- Fund your Trading account
- Place an order to buy Canara Bank shares
Is Canara Bank listed on NSE?
Canara Bank is listed on NSE
Is Canara Bank listed on BSE?
Canara Bank is listed on BSE
What are today's High and Low prices of Canara Bank?
- Today's highest price of Canara Bank is ₹87.89.
- Today's lowest price of Canara Bank is ₹85.
What are today's traded volumes of Canara Bank?
Today's traded volume of Canara Bank(CANBK) is 2.75Cr.
What is today's market capitalisation of Canara Bank?
Today's market capitalisation of Canara Bank(CANBK) is ₹77608.49Cr.
What is the 52 Week High and Low Range of Canara Bank?
How much percentage Canara Bank is down from its 52 Week High?
Canara Bank (CANBK) share price is ₹87.84. It is down -31.85% from its 52 Week High price of ₹128.9
How much percentage Canara Bank is up from its 52 Week low?
Canara Bank (CANBK) share price is ₹87.84. It is up 5.17% from its 52 Week Low price of ₹83.52
What are the historical returns of Canara Bank?
What is the PE ratio of Canara Bank today?
PE Ratio of Canara Bank is 4.73
PE ratio = Canara Bank Market price per share / Canara Bank Earnings per share