Canara Bank Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 16.1%)
- Attractively valued vs sector (P/E 5.2x vs industry 33.1x)
- Trading below book value (P/B 0.8x)
- Regular dividends — yield 3.6%
- Near 52-week low — potential value zone (₹115)
Concerns
Today's Price Action
The stock closed at ₹117.82 with zero change from the prior session. Trading volume matches the 20‑day average at 1,17,79,134 shares, indicating a typical participation level. The relative steadiness suggests that market participants are awaiting further catalysts before altering their bias.
Valuation Snapshot
Canara Bank trades at a trailing P/E of 5.17, well below the implied sector multiple. The return on equity stands at 16.1%, reflecting solid profitability relative to its book value. A price‑to‑book below one indicates that the share trades at a discount to its net asset value, a characteristic often observed in value‑oriented banking stocks.
Key Levels to Watch
The current price lies near the lower end of the 52‑week range, with the band’s bottom at ₹115 and the top at ₹163. Open‑interest data shows modest support around ₹116 and resistance near ₹120, aligning with recent intraday clusters. Historical volume spikes have previously occurred when price breached the ₹120 barrier, providing a reference point for future liquidity influx.
Chart Pattern
A bullish hammer formed on the daily chart three sessions ago, followed by a morning star pattern ten days ago, both suggesting a potential shift from short‑term downtrend to consolidation. Both formations appeared on the 1‑day timeframe, reinforcing the relevance of daily price action in the current market context.
Data Summary
The market capitalisation figure is reported as ₹0 Cr, while the price‑to‑book ratio remains below one. Volume, price, and valuation metrics together portray a stock that is actively traded but priced modestly within its historical band. The share’s turnover ratio remains consistent with its long‑term average, underscoring stable investor interest.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹685 | ₹10.7L Cr | 13.3 | 1.75 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,378 | ₹10.0L Cr | 17 | 2.55 | 15.9 | 7.18 | — |
| SBIN State Bank of India | ₹957 | ₹8.8L Cr | 10.5 | 1.42 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹917 | ₹5.8L Cr | 26.4 | 4.63 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹391 | ₹4.8L Cr | 8.03 | 2.8 | 37.8 | 35.1 | 0 |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹440 | ₹4.3L Cr | 20.2 | 2.24 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,220 | ₹3.8L Cr | 12.7 | 1.65 | 13.1 | 6.24 | — |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
CANBK · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 62.93% | 62.93% | 62.93% | 62.93% | 62.93% | 62.93% |
| FII | 11.21% | 10.57% | 11.91% | 11.26% | 11.10% | 10.54% |
| DII | 14.29% | 14.39% | 11.19% | 11.65% | 11.71% | 11.85% |
| Public | 11.55% | 12.10% | 13.94% | 14.17% | 14.24% | 14.67% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
To consider Fund Raising
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Rs 4.20 Per Share
To consider Fund Raising
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Dividend - Rs 4 Per Share
Dividend - Rs 3.22 Per Share
Record: 16 Jun 2024
Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share
Dividend - Rs12 Per Share
Latest News
All newsCanara Bank reports Q2FY26 earnings.
*Canara Bank reports Q2FY26 earnings.* The bank has submitted its financial results for the quarter ended September 30, 2026. Key metrics include net profit of **₹2,142 crore**, up **18% YoY**, driven by lower slippages and **NIM of 3.2%**. Asset quality improved with GNPA at **5.4%**. 📊 *STOCKS:* $CANBK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
Canara Bank board meets; no major announcements
*Canara Bank board meets; no major announcements* — Canara Bank held its board meeting on September 03, 2026, with no disclosure of significant decisions or strategic moves. The filing does not reveal any major capital infusion, leadership change, or large asset sale. Routine board updates like this are standard and typically do not alter near-term outlook. 📊 *STOCKS:* CANBK | 🏢 *SECTOR:* Banking | #LOWIMPACT #Banking
Canara Bank reports change in management
*Canara Bank reports change in management* \nCanara Bank has informed the stock exchange about a change in its management structure. Such shifts at the top level can influence strategic decisions and investor sentiment. Leadership transitions in public sector banks are closely watched for governance implications. \n\n📊 *STOCKS:* CANBK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #ManagementChange
CBI files fraud case against IL&FS Energy in ₹212cr loan scam
*CBI files fraud case against IL&FS Energy and top executives in a **₹212 crore** Canara Bank loan scam.* Allegations involve diversion of funds and false documentation. The development raises concerns over corporate governance and may trigger further regulatory scrutiny. Investors are advised to monitor updates closely. 📊 *STOCKS:* ILFSENGG | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Fraud
CBI charges IL&FS Energy in ₹212 crore Canara Bank fraud
*CBI charges IL&FS Energy in ₹212 crore Canara Bank fraud.* The Central Bureau of Investigation has filed charges against IL&FS Energy Development Company and its top directors for alleged involvement in a **₹212 crore** loan fraud case at Canara Bank. This development raises concerns over corporate governance and potential financial liabilities. Investigations are ongoing, with regulatory scrutiny expected to intensify. 📊 *STOCKS:* $IL&FSENERGY | 🏢 *SECTOR:* Legal | #HIGHIMPACT #Fraud
PSU banks surge on strong Q2 credit growth
*PSU banks surge on strong Q2 credit growth*. Public sector lenders reported robust credit growth in Q2, driving investor confidence. Canara Bank, Bank of India, and Bank of Baroda saw advances rise by **12%**, **15%**, and **11%** respectively year-on-year. Asset quality improved with NPA ratios falling below **5%** for all three. 📊 *STOCKS:* CANBK, BANKINDIA, BANKBARODA | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Banking
Canara Bank global business up 15.83% YoY to ₹30.71L cr
*Canara Bank global business up 15.83% YoY to ₹30.71L cr* saw a strong year-on-year growth in global business, reaching **₹30.71 lakh crore** in Q2, driven by robust credit expansion. The bank reported healthy loan demand and improved asset quality. This performance underscores resilience in public sector banking amid rising credit flow. 📊 *STOCKS:* $CANBK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
Govt to reduce stake in four PSU banks to 75%
*Govt to reduce stake in four PSU banks to 75%*. The Centre plans to pare its holdings in **four public sector lenders** to **75%**, part of its broader disinvestment strategy. This move could unlock significant capital through share sales. Market reaction will depend on the timing and pricing of the stake sale. 📊 *STOCKS:* $BANKBARODA $PNB $CANBK $UNIONBANK | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #StakeSale
Canara HSBC Life Insurance receives ESG rating update
*Canara HSBC Life Insurance receives ESG rating update.* The company disclosed a recent ESG evaluation, highlighting its sustainability and governance practices. While no financial figures were shared, the rating may influence investor sentiment over time. ESG-focused funds may review exposure based on the assessment. 📊 *STOCKS:* CANARABANK | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ESG
Canara Bank files security cover certificate for Q3 2026
*Canara Bank files security cover certificate for Q3 2026.* This is a routine regulatory disclosure with no financial impact. The filing pertains to the quarter ended September 30, 2026, and confirms compliance with exchange norms. No material changes in risk or operations are indicated. 📊 *STOCKS:* CANBK | 🏢 *SECTOR:* Banking | #LOWIMPACT #Banking
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Op. Profit | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — |
| Net Profit | ₹5.2K Cr 5.7% | ₹4.9K Cr 51.4% | ₹3.2K Cr 36.7% | ₹5.1K Cr 20.1% | ₹4.3K Cr 0.7% | ₹4.2K Cr 3.1% | ₹4.1K Cr 2.7% | ₹4.0K Cr |
| EPS (₹) | 5.79 8.2% | 5.35 52.0% | 3.52 37.0% | 5.59 20.2% | 4.65 0.6% | 4.62 3.1% | 4.48 2.8% | 4.36 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | — | — |
| Expenses | ₹38.3K Cr 16.8% | ₹46.1K Cr 0.1% | ₹46.1K Cr 7.9% | ₹42.8K Cr 3.7% | ₹41.2K Cr 5.1% | ₹43.4K Cr 62.0% | ₹26.8K Cr 1.4% | ₹27.2K Cr 6.3% | ₹25.6K Cr 63.0% | ₹15.7K Cr |
| Op. Profit | — | — | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — | — | — |
| Other Income | ₹26.7K Cr 14.0% | ₹31.1K Cr 8.4% | ₹28.6K Cr 13.1% | ₹25.3K Cr 7.1% | ₹23.6K Cr 2.4% | ₹23.1K Cr 95.7% | ₹11.8K Cr 19.1% | ₹9.9K Cr 33.9% | ₹7.4K Cr 5.8% | ₹7.9K Cr |
| Interest | ₹89.1K Cr 7.8% | ₹82.7K Cr 14.6% | ₹72.1K Cr 36.1% | ₹53.0K Cr 23.1% | ₹43.0K Cr 4.8% | ₹45.2K Cr 26.1% | ₹35.8K Cr 10.8% | ₹32.3K Cr 11.1% | ₹29.1K Cr 7.7% | ₹31.5K Cr |
| Depreciation | ₹925 Cr 6.3% | ₹870 Cr 3.5% | ₹902 Cr 11.7% | ₹1.0K Cr 21.4% | ₹841 Cr 0.4% | ₹838 Cr 87.9% | ₹446 Cr 4.0% | ₹429 Cr 5.9% | ₹456 Cr 37.8% | ₹331 Cr |
| PBT | ₹24.7K Cr 7.2% | ₹23.0K Cr 15.1% | ₹20.0K Cr 38.6% | ₹14.4K Cr 57.8% | ₹9.1K Cr 135.6% | ₹3.9K Cr 356.4% | ₹-1.5K Cr 28.3% | ₹-2.1K Cr 67.1% | ₹-6.4K Cr 467.0% | ₹1.7K Cr |
| Tax % | 23.0% 8.0% | 25.0% 3.8% | 26.0% 4.0% | 25.0% 32.4% | 37.0% 23.3% | 30.0% 11.8% | 34.0% 127.0% | -126.0% 250.0% | -36.0% 224.1% | 29.0% |
| Net Profit | ₹19.7K Cr 11.4% | ₹17.7K Cr 14.9% | ₹15.4K Cr 35.8% | ₹11.3K Cr 84.2% | ₹6.2K Cr 108.3% | ₹3.0K Cr 253.9% | ₹-1.9K Cr 376.0% | ₹696 Cr 118.0% | ₹-3.9K Cr 374.5% | ₹1.4K Cr |
| EPS (₹) | 19.7 1.9% | 19.34 14.8% | 16.84 35.7% | 12.41 83.9% | 6.75 92.3% | 3.51 190.9% | -3.86 341.2% | 1.6 114.8% | -10.78 336.9% | 4.55 |
| Div Payout | 21.0% 0.0% | 21.0% 10.5% | 19.0% 0.0% | 19.0% 0.0% | 19.0% | 0.0% | 0.0% | 0.0% | 0.0% 100.0% | 4.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹1.8K Cr 0.0% | ₹1.8K Cr 0.0% | ₹1.8K Cr 0.0% | ₹1.8K Cr 0.0% | ₹1.8K Cr 10.1% | ₹1.6K Cr 59.9% | ₹1.0K Cr 36.8% | ₹753 Cr 2.7% | ₹733 Cr 22.8% | ₹597 Cr |
| Reserves | ₹1.1L Cr 9.4% | ₹1.0L Cr 14.7% | ₹90.3K Cr 18.5% | ₹76.2K Cr 11.9% | ₹68.1K Cr 12.2% | ₹60.8K Cr 51.2% | ₹40.2K Cr 8.8% | ₹36.9K Cr 2.1% | ₹36.2K Cr 6.1% | ₹34.1K Cr |
| Borrowings | — | — | — | — | — | — | — | — | — | — |
| Other Liabilities | ₹77.7K Cr 4.0% | ₹81.0K Cr 10.7% | ₹73.1K Cr 11.1% | ₹65.8K Cr 17.1% | ₹56.2K Cr 0.1% | ₹56.1K Cr 75.1% | ₹32.1K Cr 5.5% | ₹33.9K Cr 10.2% | ₹30.8K Cr 15.7% | ₹26.6K Cr |
| Total Liabilities | ₹18.1L Cr 4.6% | ₹17.3L Cr 12.9% | ₹15.4L Cr 11.2% | ₹13.8L Cr 9.7% | ₹12.6L Cr 6.7% | ₹11.8L Cr 59.1% | ₹7.4L Cr 4.2% | ₹7.1L Cr 12.7% | ₹6.3L Cr 5.9% | ₹6.0L Cr |
Assets | ||||||||||
| Fixed Assets | ₹10.2K Cr 0.8% | ₹10.3K Cr 15.4% | ₹12.2K Cr 17.9% | ₹10.3K Cr 9.7% | ₹11.4K Cr 1.6% | ₹11.3K Cr 35.4% | ₹8.3K Cr 1.3% | ₹8.4K Cr 1.2% | ₹8.3K Cr 16.0% | ₹7.2K Cr |
| CWIP | ₹0 Cr | ₹0 Cr 100.0% | ₹147 Cr | ₹0 Cr 100.0% | ₹2 Cr 0.0% | ₹2 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹4.4L Cr 3.9% | ₹4.3L Cr 7.2% | ₹4.0L Cr 13.1% | ₹3.5L Cr 13.3% | ₹3.1L Cr 8.8% | ₹2.9L Cr 48.6% | ₹1.9L Cr 14.2% | ₹1.7L Cr 7.1% | ₹1.6L Cr 2.9% | ₹1.6L Cr |
| Other Assets | ₹13.6L Cr 4.8% | ₹12.9L Cr 15.2% | ₹11.2L Cr 10.4% | ₹10.2L Cr 8.7% | ₹9.4L Cr 6.1% | ₹8.8L Cr 63.2% | ₹5.4L Cr 1.1% | ₹5.3L Cr 14.8% | ₹4.7L Cr 9.1% | ₹4.3L Cr |
| Total Assets | ₹18.1L Cr 4.6% | ₹17.3L Cr 12.9% | ₹15.4L Cr 11.2% | ₹13.8L Cr 9.7% | ₹12.6L Cr 6.7% | ₹11.8L Cr 59.1% | ₹7.4L Cr 4.2% | ₹7.1L Cr 12.7% | ₹6.3L Cr 5.9% | ₹6.0L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹60.7K Cr 303.2% | ₹15.0K Cr 137.6% | ₹-40.0K Cr 4450.2% | ₹919 Cr 98.4% | ₹59.1K Cr 1217.8% | ₹-5.3K Cr 129.0% | ₹18.2K Cr 264.0% | ₹-11.1K Cr 531.8% | ₹2.6K Cr 72.4% | ₹9.3K Cr |
| Investing CF | ₹-2.4K Cr 39.3% | ₹-1.8K Cr 51.4% | ₹-1.2K Cr 19.1% | ₹-1.4K Cr 28.0% | ₹-1.1K Cr 150.8% | ₹-445 Cr 40.3% | ₹-745 Cr 53.0% | ₹-487 Cr 2.3% | ₹-476 Cr 7.4% | ₹-443 Cr |
| Financing CF | ₹-3.5K Cr 8.6% | ₹-3.8K Cr 961.6% | ₹445 Cr 89.0% | ₹4.0K Cr 1291.4% | ₹290 Cr 96.3% | ₹7.8K Cr 757.6% | ₹-1.2K Cr 141.4% | ₹2.9K Cr 2210.5% | ₹124 Cr 115.4% | ₹-806 Cr |
| Net Cash Flow | ₹54.7K Cr 478.4% | ₹9.5K Cr 123.3% | ₹-40.7K Cr 1254.3% | ₹3.5K Cr 94.0% | ₹58.3K Cr 2731.0% | ₹2.1K Cr 87.4% | ₹16.3K Cr 286.5% | ₹-8.7K Cr 493.1% | ₹2.2K Cr 72.5% | ₹8.1K Cr |
| Free Cash Flow | ₹61.8K Cr 348.3% | ₹13.8K Cr 134.0% | ₹-40.6K Cr 41519.4% | ₹98 Cr 99.8% | ₹58.2K Cr 1134.2% | ₹-5.6K Cr 131.9% | ₹17.6K Cr 252.3% | ₹-11.6K Cr 627.6% | ₹2.2K Cr 75.5% | ₹9.0K Cr |
Values in ₹ Cr · Source: Screener.in
Deep Dive Analysis
About Canara Bank
Canara Bank was merged with erstwhile Syndicate Bank in FY21. Canara was incorporated in 1906 and nationalised in 1969, along with 13 other major commercial banks of India, by the GoI. The bank is headquartered in Bangalore.Canara Bank was merged with erstwhile Syndicate Bank (e-SB) on April 1, 2020.
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