Should I buy or sell CANARA BANK?

The average broker rating on CANARA BANK is Buy. The breakup of analyst rating is given below - 1 analysts have given a strong sell rating 1 analysts have given a sell rating 1 analysts have given a hold rating 1 analysts have given a buy rating 2 analysts have given a strong buy rating

Is CANARA BANK a good stock to invest in?

CANARA BANK can be analyzed on the following key metrics - TTM P/E: 6.31 Sector P/E: 8.77 Dividend Yield: 3.24 D/E ratio: 0.92

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Overview

Analysis

CANARA BANK Financials

CANARA BANK Corporate Actions

Company Profile

CANARA BANK share price

Sector: Regional Banks

CANARA BANK is trading -1.34% lower at Rs 99.05 as compared to its last closing price. CANARA BANK has been trading in the price range of 101.40 & 98.80. CANARA BANK has given 13.65% in this year & -0.17% in the last 5 days.

CANARA BANK has TTM P/E ratio 6.31 as compared to the sector P/E of 8.77.There are 15 analysts who have initiated coverage on CANARA BANK. There are 7 analysts who have given it a strong buy rating & 2 analysts have given it a buy rating. 3 analysts have given the stock a sell rating.

The company posted a net profit of 4,187.76 Crores in its last quarter.

Listed peers of CANARA BANK include Punjab National Bank (0.15%), Indian Overseas Bank (-1.07%), CANARA BANK (-1.34%) etc.

CANARA BANK has a 37.07% public holding.The Mutual Fund holding in CANARA BANK was at 4.34% in 30 Sep 2024. The MF holding has increased from the last quarter. The FII holding in CANARA BANK was at 11.24% in 30 Sep 2024. The FII holding has decreased from the last quarter.

99.05 -1.35 (-1.34%)Updated : Mon 30 Dec, 2024 | 15:21:24

CANARA BANK share price range

Today's Low

98.80

Today's High

101.40

52 Week Low

84.93

52 Week High

129.35

CANARA BANK share Key Metrics

Updated on 31 Dec 2024, 01:08 AM IST

Market Cap ( ₹ Cr.)

90,198.56

Beta	1.52
Div. Yield (%)	3.24
P/B	0.98
D/E	0.92
Open Price	100.45

TTM P/E	6.31
Peg. Ratio	0.09
Sector P/E	8.77
Prev. Close	100.40

CANBK share Key metrics

CANARA BANK stock Analysis

Price Analysis

1 Week	-0.17%
3 Months	-10.68%
6 Month	-15.99%
YTD	13.65%
1 Year	13.65%

Risk Meter

30%Balanced risk
30%Balanced risk
30%Balanced risk
30%Balanced risk
30%Balanced risk

Recos

Strong Sell
Sell
Hold
Buy
Strong Buy

Analysts' Views

Ratings	Current	1 W Ago	1 M Ago	3 M Ago
Strong Buy	7	7	7	6
Buy	2	2	2	2
Hold	3	3	3	3
Sell	3	3	3	3
Strong Sell	0	0	0	0
Total	15	15	15	14

Technical Trends

Long Term
Considers price movement over the last 6 months

Not Available

Short Term
Considers price movement over the last 1-2 weeks

Not Available

Bearish
Moderately Bearish
Neutral
Moderately Bullish
Bullish

Insight: Trends unavailable at the moment.

CANARA BANK Financials

INCOME
BALANCE SHEET
Cashflow

Annual

Quarterly

Period	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Net Interest Income	38,401.17	32,894.66	27,578.32	25,030.11
Loan Loss Provision	9,710.93	9,739.17	9,868.06	14,174.20
Non- Interest Income Bank	28,646.18	25,325.04	23,643.10	23,447.15
Non- Interest Expense Bank	-37,336.86	-34,053.87	-32,208.35	-30,421.51
Net Income Before Taxes	19,999.56	14,426.66	9,145.01	3,881.54
Net Income	15,278.57	11,254.75	6,124.82	2,890.60
Diluted Normalized EPS	84.22	71.31	40.19	23.00

*All figures in crores except per share values

Detailed CANBK Financials

CANARA BANK forecast

Income Sheet (In Cr)Net Income Vs Revenue

Returns Metrics (In Cr)ROA Vs ROE

Mutual Fund Ownership

Ownership as on: Tue, 31 Dec, 2024

JM Focused Fund - Growth Option

2/5

Equity

Amount Invested (Cr.)10.10

% of AUM4.77%

Bank of India Arbitrage Fund Regular Growth

Other

Amount Invested (Cr.)1.45

% of AUM3.52%

ICICI Prudential Nifty200 Value 30 Index Fund Regular Growth

Index Funds

Amount Invested (Cr.)1.74

% of AUM2.67%

HSBC Equity Savings Growth

4/5

Hybrid

Amount Invested (Cr.)14.74

% of AUM2.53%

Motilal Oswal BSE Enhanced Value Index Fund Regular Growth

Index Funds

Amount Invested (Cr.)19.84

% of AUM2.38%

View All

CANARA BANK Corporate actions

Board Meetings
AGM
Dividends
Bonus
Split
Rights

Meeting Date	Purpose
29-Oct-24	Quarterly Results
25-Jul-24	Quarterly Results
08-May-24	Audited Results & Dividend
26-Feb-24	Stock Split
24-Jan-24	Quarterly Results
26-Oct-23	Quarterly Results
24-Jul-23	Quarterly Results
28-Jun-23	Others
08-May-23	Audited Results & Dividend
23-Jan-23	Quarterly Results

Meeting Date	Announcement On	Purpose
27-Nov-24	30-Sep-24	EGM
28-Jun-24	08-May-24	AGM
28-Jun-23	08-May-23	AGM
23-Jun-22	06-May-22	AGM
03-Aug-21	28-Jun-21	AGM

Announcement On	Record Date	Ex-Dividend	Dividend Value
08-May-24	17-Jun-24	14-Jun-24	3.22
08-May-23	14-Jun-23	14-Jun-23	12
06-May-22	16-Jun-22	15-Jun-22	6.5

Ex-Splits	Old FV	New FV	Description
15-May-24	10	2	Stock split from Rs. 10/- to Rs. 2/-.

Detailed CANBK Corporate actions

CANARA BANK Company profile

ABOUT CANARA BANK

Industry Regional Banks
ISIN INE476A01022
BSE Code 532483
NSE Code CANBK

The Canara Bank Limited (the Bank) is an India-based bank. The Bank’s segments include Treasury Operations, Retail Banking Operations, Wholesale Banking Operations, Life Insurance Operations and Other Banking Operations. Its Retail Banking Operations include Digital Banking and Other Retail Banking. Its products and services include personal banking and corporate banking. Its personal banking includes depository services, mutual funds, technology products, retail loan products, micro, small and medium enterprise loan products and card services. Its corporate banking includes accounts and deposits, supply chain finance management, syndication services and technology upgradation fund schemes, among others. It also offers the depository services. It offers unbanked rural people with basic savings deposit accounts, PMJDY Overdraft Facilities and credit facilities under products, such as differential rate of interest scheme, Kisan Credit Card Scheme and various other credit products.

CANARA BANK Management

Kalidindi Raju Chief Executive Officer, Managing Director, Executive Director
S. K. Majumdar Group Chief Financial Officer
A. Narayanan Chief Technology Officer, General Manager
Pushkar Sinha Chief Information Officer, Chief General Manager
A. Ramesh Babu Chief Information Security Officer, Deputy General Manager
Adarsh M. S. Chief Information Officer
B. P. Jatav Group Chief Compliance Officer, Chief General Manager
Uday Majumder Chief Risk Officer, Chief General Manager
Alok Kumar Agarwal General Manager
Jagdish Chander General Manager

FAQs about CANARA BANK share price

CANARA BANK is trading at 99.05 as on Mon Dec 30 2024 09:51:24. This is -1.34% lower as compared to its previous closing price of 100.40.

The market capitalization of CANARA BANK is 90198.56 Cr as on Mon Dec 30 2024 09:51:24.

The average broker rating on CANARA BANK is Buy. The breakup of analyst rating is given below -

7 analysts have given a strong buy rating
2 analysts have given a buy rating
3 analysts have given a hold rating
3 analysts have given a sell rating
0 analysts have given a strong sell rating

The 52 wk high for CANARA BANK is 129.35 whereas the 52 wk low is 84.93

CANARA BANK can be analyzed on the following key metrics -

TTM P/E: 6.31
Sector P/E: 8.77
Dividend Yield: 3.24%
D/E ratio: 0.92

CANARA BANK reported a net profit of 15278.57 Cr in 2024.

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CANARA BANK share price

CANARA BANK share price range

CANARA BANK share Key Metrics

CANARA BANK stock Analysis

Technical Trends

Long Term
Considers price movement over the last 6 months

Short Term
Considers price movement over the last 1-2 weeks

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CANARA BANK Financials

CANARA BANK forecast

CANARA BANK Technical

CANARA BANK Futures and Options

Share Price

Open Interest

CANARA BANK Shareholding

Shareholding Pattern

JM Focused Fund - Growth Option

Bank of India Arbitrage Fund Regular Growth

ICICI Prudential Nifty200 Value 30 Index Fund Regular Growth

HSBC Equity Savings Growth

Motilal Oswal BSE Enhanced Value Index Fund Regular Growth

CANARA BANK Corporate actions

CANARA BANK Company profile

ABOUT CANARA BANK

CANARA BANK Management

FAQs about CANARA BANK share price

CANARA BANK Quick Links

Equity Quick Links

CANARA BANK share price

CANARA BANK share price range

CANARA BANK share Key Metrics

CANARA BANK stock Analysis

Long TermConsiders price movement over the last 6 months

Short TermConsiders price movement over the last 1-2 weeks

CANARA BANK Financials

CANARA BANK forecast

CANARA BANK Technical

CANARA BANK Futures and Options

Share Price

Open Interest

CANARA BANK Shareholding

Shareholding Pattern

CANARA BANK Corporate actions

CANARA BANK Company profile

ABOUT CANARA BANK

CANARA BANK Management

FAQs about CANARA BANK share price

CANARA BANK Quick Links

Equity Quick Links

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Long Term
Considers price movement over the last 6 months

Short Term
Considers price movement over the last 1-2 weeks