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Canara Bank Share Price

(CANBK)

₹90.932.4%

as on 12:35PM, 11 Feb 2025

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Canara Bank Performance

  • Day's Low

    Day's High

    ₹90.53
    Day's Price Range
    ₹93.49
  • 52 Week's Low

    52 Week's High

    ₹87.79
    52-Week Price Range
    ₹128.9
1 Month Return+ 5.25 %
3 Month Return-10.32 %
1 Year Return-14.64 %
Previous Close₹93.17
Open₹91.00
Volume1.19Cr
Upper Circuit-
Lower Circuit-
Market Cap₹84,511.26Cr

Canara Bank Key Statistics

P/E Ratio

5.15

PEG Ratio

2.65

Market Cap

₹84,511.26 Cr

P/B Ratio

1.35

EPS

16.296

Dividend Yield

2.77

Sector

Banks

ROE

20.22

Canara Bank Analyst Rating

based on 17 analysts

BUY

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 of22.23%

High

₹135

Target

₹113.88

Low

₹80

Canara Bank target price ₹113.88, a slight upside of 22.23% compared to current price of ₹90.93. According to 17 analysts rating.

Source: S&P Global Market Intelligence

Key events for Canara Bank

  • 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.
  • Canara Bank Continues Upward Trend for Fifth Session - 20 Jan, 2025

    Canara Bank's stock is up 2.35% today, marking its fifth consecutive session of gains. The stock has risen 9.87% over the past year, outperforming both NIFTY and Nifty Bank indices. However, it has seen a decline of 0.89% in the last month.
  • Canara Bank Penalized for Mishandling Loan Account - 19 Jan, 2025

    The State Consumer Disputes Redressal Commission penalized Canara Bank Rs 96,000 for mishandling a retired Army officer's car loan, affecting his CIBIL score. The bank must close the account and correct the score.
  • Canara Bank Shares Decline Amidst MCLR Stability - 13 Jan, 2025

    Canara Bank's shares have fallen 31% since June 3, underperforming the index. Despite this, analysts forecast a potential upside of 34% from current levels.

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.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, CANBK stock has moved up by 5.3%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 5 quarters, 3.79K Cr → 4.21K Cr (in ₹), with an average increase of 2.6% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 14.17% to 14.23% in Dec 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 62.93% of holdings in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 38.00K Cr → 37.42K Cr (in ₹), with an average decrease of 1.5% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 11.25% to 11.11% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 4.34% to 4.26% in Dec 2024 quarter

Canara Bank Financials

Value in ₹ crore
DetailsQ'4 23Q'1 24Q'2 24Q'3 24Q'4 24
Revenue₹35,630.18Cr (-)₹37,384.14Cr (↑4.92%)₹36,965.75Cr (↓1.12%)₹38,006.05Cr (↑2.81%)₹37,429.90Cr (↓1.52%)
Net Income₹3,790.21Cr (-)₹3,951.76Cr (↑4.26%)₹4,067.51Cr (↑2.93%)₹4,187.76Cr (↑2.96%)₹4,214.16Cr (↑0.63%)
Net Profit Margin10.64% (-)10.57% (↓0.66%)11.00% (↑4.07%)11.02% (↑0.18%)11.26% (↑2.18%)
Value in ₹ crore
Details2021202220232024
Total Assets₹11,53,675.03Cr (-)₹12,28,104.87Cr (↑6.45%)₹13,45,732.23Cr (↑9.58%)₹14,91,540.71Cr (↑10.83%)
Total Liabilities₹11,53,675.03Cr (-)₹12,28,104.87Cr (↑6.45%)₹13,45,732.23Cr (↑9.58%)₹14,91,540.71Cr (↑10.83%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹5,458.74Cr (-)₹58,533.23Cr (↓1,172.28%)₹268.10Cr (↓99.54%)-₹40,676.37Cr (↓15,272.09%)₹14,254.12Cr (↓135.04%)

Index Inclusions

Nifty Next 50

₹61,018.45

-2.2 (-1371.85%)

Nifty 200

₹12,791.15

-1.17 (-151.9%)

S&P BSE Fin. Ser

₹10,939.72

-1.29 (-142.5%)

Nifty LargeMidcap 250

₹14,619.90

-1.73 (-256.75%)

BSE 200

₹10,446.62

-1.1 (-116.61%)

Nifty PSU Bank

₹6,040.95

-1.51 (-92.7%)

S&P BSE SEN. N50

₹74,932.92

-2.17 (-1664.74%)

S&P BSE 250 LargeMidCap

₹9,883.49

-1.15 (-115.48%)

Nifty 500

₹21,076.75

-1.38 (-294.55%)

Nifty100 Eq Weig

₹29,670.75

-1.37 (-411.15%)

S&P BSE Largecap

₹8,900.70

-0.84 (-74.96%)

BSE 100

₹24,220.33

-0.94 (-229.4%)

BANKEX

₹56,235.41

-0.72 (-405.17%)

S&P BSE Enhanced Value

₹834.36

-1.16 (-9.79%)

BANK NIFTY

₹49,578.15

-0.81 (-402.85%)

BSE 500

₹33,172.52

-1.32 (-442.95%)

S&P BSE PSU

₹16,993.05

-1.85 (-319.53%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 100 LargeCap TMC

₹8,542.36

-0.81 (-69.75%)

NIFTY 100

₹23,695.60

-0.84 (-201.4%)

Canara Bank Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
62.93%
0.00
Foreign Institutions
11.11%
-1.27
Mutual Funds
4.26%
-1.81
Retail Investors
14.23%
0.47
Others
7.47%
2.12

Canara Bank Key Indicators

Details2021202220232024
Return On Equity %5.018.9617.1420.22
Details20202021202220232024
Return On Assets %-0.270.250.50.841.02
Details20202021202220232024
Book Value Per Share (₹)338.5328.68338.76388.97457.6
Details20202021202220232024
Earning Per Share (₹)-3.933.286.3911.9216.3

Canara Bank Valuation

Canara Bank in the last 5 years

  • Overview

  • Trends

Lowest (-8.58x)

March 4, 2021

Today (5.15x)

February 10, 2025

Industry (15.10x)

February 10, 2025

Highest (35.86x)

April 2, 2019

LowHigh

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 Results
  • Canara Bank Dividends May,2024

    In the quarter ending March 2024, Canara Bank has declared dividend of ₹3.22 - translating a dividend yield of 16.34%.

    Read More about Dividends

Canara Bank Technicals Summary

Bearish

Neutral

Bullish

Bearish

Canara Bank is currently in a Bearish trading position according to technical analysis indicators.

Canara Bank Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹84,511.26 Cr29.66%NA₹15,278 Cr₹1,39,164 Cr
BUY₹47,315.88 Cr12.28%NA₹6,564 Cr₹67,488 Cr
BUY₹87,671.96 Cr26.17%NA₹13,797 Cr₹1,18,188 Cr
BUY₹1,12,987.13 Cr14.53%NA₹9,107 Cr₹1,23,222 Cr
BUY₹70,648.26 Cr93.04%NA₹8,419 Cr₹64,231 Cr

About Canara Bank

Canara Bank is a prominent public sector bank in India, providing a wide range of banking and financial services. Founded in 1906 by Ammembal Subba Rao Pai, the bank is headquartered in Bengaluru, Karnataka, and is registered under the Company Identification Number (CIN) L65191KA1906GOI000166. Canara Bank operates in various segments, including retail banking, corporate banking, MSME banking, and treasury operations. The bank offers diverse products such as savings accounts, loans, credit cards, and investment services to meet the needs of both individual and business customers.

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: ₹90.93 per share as on 11 Feb, 2025 12:35 PM
Market Capitalisation: ₹84,511.26Cr 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
OrganisationCanara Bank
Headquarters
IndustryBanks
E-voting on sharesClick here to vote

FAQs on Canara Bank

What is Canara Bank price today?

Canara Bank share price today stands at ₹90.93, Open: ₹91, Previous Close: ₹93.17, High: ₹93.49, Low: ₹90.53, 52 Week High: ₹128.9, 52 Week Low: ₹87.79.

How to Buy Canara Bank Share in India?

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  • Fund your Trading account
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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 ₹93.49.
  • Today's lowest price of Canara Bank is ₹90.53.

What are today's traded volumes of Canara Bank?

Today's traded volume of Canara Bank(CANBK) is 1.19Cr.

What is today's market capitalisation of Canara Bank?

Today's market capitalisation of Canara Bank(CANBK) is ₹84511.26Cr.

What is the 52 Week High and Low Range of Canara Bank?

Canara Bank (CANBK)
Price
52 Week High
₹128.9
52 Week Low
₹87.79

How much percentage Canara Bank is down from its 52 Week High?

Canara Bank (CANBK) share price is ₹90.93. It is down -29.46% 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 ₹90.93. It is up 3.58% from its 52 Week Low price of ₹87.79

What are the historical returns of Canara Bank?

Canara Bank (CANBK)
Returns
1 Day Returns
-2.24%
1 Month Returns
5.25%
3 Month Returns
-10.32%
1 Year Returns
-14.64%

What is the PE ratio of Canara Bank today?

PE Ratio of Canara Bank is 5.15

PE ratio = Canara Bank Market price per share / Canara Bank Earnings per share