Canara Bank

Why is Canara Bank falling/rising?

As of 22-Jun, Canara Bank's stock price is rising to 135.05, reflecting a 0.93% increase after a trend reversal. Strong fundamentals, including a low NPA ratio and significant profit growth, support investor confidence despite a year-to-date decline.

As of 22-Jun, Canara Bank's stock price is rising, currently at 135.05, with a change of 1.25 (0.93%) increase. This upward movement follows a trend reversal after two consecutive days of decline. The stock's performance today is in line with the sector, and it has shown a positive trajectory over the past week and month, with returns of +2.19% and +5.22%, respectively, outperforming the Sensex during these periods.<BR><BR>Additionally, the stock benefits from strong fundamentals, including a low Gross NPA ratio of 1.84% and a significant growth in net profits at a compound annual growth rate (CAGR) of 49.64%. The company has consistently reported positive results for the last five quarters, further bolstering investor confidence. Despite a year-to-date decline of -12.81%, the stock has generated a remarkable return of +25.98% over the past year, significantly outperforming the broader market.<BR><BR>Moreover, the stock's high dividend yield of 3.14% and strong institutional holdings at 25.14% indicate robust investor interest and confidence in the company's long-term prospects. While there has been a decline in investor participation, as evidenced by a -26.11% drop in delivery volume, the overall positive financial indicators and recent price movements suggest that the stock is on an upward trend.

Which are the latest news on Canara Bank?

How big is Canara Bank?

As of 10th June, Canara Bank has a market capitalization of 124,812.00 Cr and a net profit of 19,186.67 Cr for the latest four quarters, with total assets of 18,83,201.89 Cr. There is no valid net sales data available.

As of 10th June, <BR><BR>Market Cap: Canara Bank has a market capitalization of 124,812.00 Cr, categorizing it as a Large Cap company.<BR><BR>Recent Quarterly Performance: The company reported net sales of 0.00 Cr, indicating no valid net sales data found for summing. The net profit for the latest four quarters is 19,186.67 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2026. Shareholder's funds stand at 1,13,382.61 Cr, while total assets amount to 18,83,201.89 Cr.

Who are in the management team of Canara Bank?

The management team of Canara Bank includes K Satyanarayana Raju (Managing Director & CEO), five Executive Directors, various nominees, and several directors, with Vijay Srirangan serving as the Non-Executive Chairman. This team oversees the bank's governance and operations.

The management team of Canara Bank includes the following key members:<BR><BR>1. **K Satyanarayana Raju** - Managing Director & CEO<BR>2. **Debashish Mukherjee** - Executive Director<BR>3. **Brij Mohan Sharma** - Executive Director<BR>4. **Ashok Chandra** - Executive Director<BR>5. **Hardeep Singh Ahluwalia** - Executive Director<BR>6. **Bhavendra Kumar** - Executive Director<BR>7. **Suchindra Misra** - Nominee (Government)<BR>8. **R Kesavan** - Nominee (RBI)<BR>9. **Bimal Prasad Sharma** - Director (Shareholder)<BR>10. **Karunakara Shetty** - Director (Shareholder)<BR>11. **Abha Singh Yaduvanshi** - Director (Shareholder)<BR>12. **Dibakar Prasad Harichandan** - Part-Time Non-Official Independent Director<BR>13. **Nalini Padmanabhan** - Part-Time Non-Official Independent Director<BR>14. **Vijay Srirangan** - Chairman (Non-Executive)<BR>15. **Santosh Kumar Barik** - Company Secretary & Compliance Officer<BR><BR>This team plays a crucial role in the governance and operational management of the bank.

Who are the peers of the Canara Bank?

Canara Bank's peers include SBI, Bank of Baroda, Union Bank, Punjab National Bank, Indian Bank, Bank of India, Bank of Maharashtra, Indian Overseas Bank, UCO Bank, and Central Bank. Indian Bank leads in 1-year returns at 32.08%, while Canara Bank has a return of 13.06%.

Peers: The peers of Canara Bank are SBI, Bank Of Baroda, Union Bank (I), Punjab Natl.Bank, Indian Bank, Bank Of India, Bank of Maha, I O B, UCO Bank, and Central Bank.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bank of Maha, while Good management risk is found at SBI, Bank Of Baroda, Union Bank (I), Punjab Natl.Bank, Canara Bank, Indian Bank, Bank Of India, I O B, and UCO Bank. All peers exhibit Good growth, except for Bank of Maha, which shows Excellent growth. The Capital Structure is rated as Good across all peers.<BR><BR>Return Snapshot: Indian Bank has the highest 1-year return at 32.08%, while I O B has the lowest at -17.05%. Canara Bank's 1-year return of 13.06% is lower than Indian Bank's but higher than I O B's. Additionally, the six-month return is negative for Bank Of Baroda, Punjab Natl.Bank, I O B, UCO Bank, and Central Bank.

What does Canara Bank do?

Canara Bank is a state-owned commercial bank in India, offering a variety of banking services. As of March 2026, it reported net sales of ₹31,837.85 crore and a net profit of ₹4,506 crore, with a market capitalization of ₹124,812 crore.

Overview:<BR>Canara Bank is a state-owned commercial bank that provides a range of banking products and services, operating within the public sector banking industry and classified as a large-cap entity.<BR><BR>History:<BR>Canara Bank was incorporated on July 1, 1906, originally named Canara Hindu Permanent Fund Ltd. The latest quarterly results reported are for March 2026, showcasing the bank's performance in terms of sales and profit.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 31,837.85 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 4,506 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 124,812 Cr (Large Cap)<BR><BR>Key Metrics:<BR>Industry: Public Sector Bank <BR>Market cap: INR 124,812 Cr <BR>Dividend Yield: 2.91% <BR>P/E: N/A <BR>Industry P/E: N/A <BR>Debt-Equity: N/A <BR>ROE: N/A <BR>Price-to-Book: N/A <BR>CAR: 14.59% <BR>Return on Assets: 1.02% <BR>Net NPA: 0.43% <BR>Gross NPA: 1.84%<BR><BR>Contact Details:<BR>Address: Canara Bank Buildings, 112 J C Road Bangaluru Karnataka : 560002 <BR>Tel: 91-080-22100250 <BR>Email: edscrt2@canarabank.com/hosecretaria <BR>Website: http://www.canarabank.com

Are Canara Bank latest results good or bad?

Canara Bank's latest results are mixed; while it reported a net profit decline of 12.60% QoQ and 9.94% YoY, it improved its gross NPA ratio to 1.84% and increased its net interest margin to 2.54%. Investors should be cautious due to the reliance on non-operating income and recent profit declines.

Canara Bank's latest results present a mixed picture. On one hand, the bank reported a net profit of ₹4,505.57 crores for Q4 FY26, which reflects a decline of 12.60% quarter-on-quarter and 9.94% year-on-year. This drop raises concerns about the sustainability of earnings momentum.<BR><BR>However, there are positive aspects to consider. The bank's gross non-performing asset (NPA) ratio improved to 1.84%, marking a significant reduction from previous quarters and indicating strong asset quality. Additionally, the net interest margin (NIM) increased to 2.54%, showing effective balance sheet management despite competitive pressures.<BR><BR>While the core lending operations demonstrated resilience with a record net interest income of ₹9,807.97 crores, the sharp decline in non-operating income (down 39.91% QoQ) highlights potential volatility in earnings. The high proportion of non-operating income relative to profit before tax raises questions about the quality and sustainability of earnings.<BR><BR>Overall, while Canara Bank shows strong fundamentals with improving asset quality and a leading return on equity of 16.94%, the recent profit decline and reliance on non-operating income suggest caution. Investors may want to monitor these trends closely before making decisions.

Should I buy, sell or hold Canara Bank?

When is the next results date for Canara Bank?

The next results date for Canara Bank is 11 May 2026.

The next results date for Canara Bank is scheduled for 11 May 2026.

Is Canara Bank overvalued or undervalued?

As of October 30, 2025, Canara Bank is fairly valued with a PE ratio of 6.47 and a PEG ratio of 0.30, showing solid performance compared to peers like State Bank of India and Bank of Baroda, while achieving a year-to-date return of 32.65%, significantly outperforming the Sensex's 8.02%.

As of 30 October 2025, Canara Bank's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The bank is currently fairly valued, with a PE ratio of 6.47, a Price to Book Value of 1.15, and a PEG ratio of 0.30. These ratios suggest that while the bank is performing reasonably well, it may not present significant upside potential compared to its peers.<BR><BR>In comparison to its peers, Canara Bank's valuation stands out against State Bank of India, which is considered very expensive with a PE ratio of 11.81, and Bank of Baroda, which is rated attractive with a PE ratio of 7.16. Additionally, Canara Bank's return on equity (ROE) of 17.84% and a net NPA to book value of 5.85% reflect its operational efficiency and asset quality. Notably, Canara Bank has outperformed the Sensex with a year-to-date return of 32.65% compared to the Sensex's 8.02%, reinforcing its competitive position in the market.

How has been the historical performance of Canara Bank?

Canara Bank has shown significant growth from March 2020 to March 2025, with interest earned increasing from INR 48,934.99 crore to INR 1,19,755.07 crore, and profit before tax rising from a loss of INR 1,755.57 crore to a profit of INR 22,626.67 crore. Total assets and cash equivalents also grew substantially, reflecting the bank's robust financial performance.

Answer:<BR>The historical performance of Canara Bank shows a consistent growth trajectory in key financial metrics over the years.<BR><BR>Breakdown:<BR>Canara Bank's interest earned has increased significantly from INR 48,934.99 crore in March 2020 to INR 1,19,755.07 crore in March 2025, reflecting a strong upward trend. The total income also rose from INR 56,748.14 crore in March 2020 to INR 1,42,207.87 crore in March 2025. Net interest income has shown a steady increase, reaching INR 37,071.96 crore in March 2025, up from INR 13,123.91 crore in March 2020. Profit before tax has improved dramatically from a loss of INR 1,755.57 crore in March 2020 to a profit of INR 22,626.67 crore in March 2025. Correspondingly, profit after tax has surged from a loss of INR 2,235.72 crore in March 2020 to INR 17,026.67 crore in March 2025. The bank's total assets have grown from INR 7,26,994.16 crore in March 2020 to INR 16,82,849.61 crore in March 2025, while total liabilities increased from INR 7,26,994.16 crore to INR 16,82,849.61 crore during the same period. The closing cash and cash equivalents also saw a rise from INR 68,271 crore in March 2020 to INR 205,340 crore in March 2025, indicating improved liquidity. Overall, Canara Bank has demonstrated robust growth in its financial performance over the years.

Is Canara Bank technically bullish or bearish?

As of October 3, 2025, the technical trend is bullish with strong indicators like a bullish MACD and moving averages, though caution is advised due to a bearish RSI on the monthly timeframe.

As of 3 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while the Bollinger Bands also indicate bullish momentum on both time frames. The daily moving averages are bullish, reinforcing the positive trend. However, the RSI shows a bearish signal on the monthly, which suggests some caution. The KST and Dow Theory are mildly bearish and mildly bullish respectively on the weekly and monthly, indicating mixed signals but overall support for the bullish trend. The stock has shown strong returns compared to the Sensex across multiple time frames, further solidifying the bullish outlook.

Who are the top shareholders of the Canara Bank?

The top shareholders of Canara Bank include the President of India with 62.93%, Life Insurance Corporation of India at 5.72%, individual investors at 13.24%, mutual funds holding 4.67%, and foreign institutional investors with 10.55%.

The top shareholders of Canara Bank include the President of India, who holds a significant majority stake of 62.93%. Other notable shareholders are Life Insurance Corporation of India, which holds 5.72%, and various individual investors, who collectively own 13.24%. Additionally, mutual funds have a presence with 4.67% held across 35 schemes, while foreign institutional investors (FIIs) hold 10.55% through 612 different entities.

Has Canara Bank declared dividend?

Yes, Canara Bank has declared a 200% dividend, amounting to ₹3.22 per share, with an ex-date of June 14, 2024. The bank has shown strong total returns over various periods, including a total return of 578.58% over the last five years.

Canara Bank has declared a 200% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 200%<BR>- Amount per share: 3.22<BR>- Ex-date: Jun-14-2024<BR><BR>Dividend Yield: 2.77%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, Canara Bank experienced a price return of 6.28%, a dividend return of 3.67%, resulting in a total return of 9.95%.<BR><BR>Over the past year, the bank had a price return of -1.78% and a dividend return of 5.95%, leading to a total return of 4.17%.<BR><BR>In the two-year period, the price return was 85.88%, with a dividend return of 11.84%, culminating in a total return of 97.72%.<BR><BR>For the three-year period, the price return reached 175.68%, while the dividend return was 53.18%, resulting in a total return of 228.86%.<BR><BR>In the last four years, Canara Bank saw a price return of 259.98% and a dividend return of 81.94%, achieving a total return of 341.92%.<BR><BR>Over the five-year period, the bank recorded a remarkable price return of 455.58% and a dividend return of 123.00%, leading to an impressive total return of 578.58%.<BR><BR>Overall, Canara Bank's dividend declaration and consistent returns over various periods indicate a strong performance, particularly in the long term, reflecting both capital appreciation and income generation for shareholders.