Canara Bank Future Growth

Future criteria checks 0/6

Canara Bank is forecast to grow earnings and revenue by 6.3% and 6.1% per annum respectively. EPS is expected to grow by 6.4% per annum. Return on equity is forecast to be 16.4% in 3 years.

Key information

6.3%

Earnings growth rate

6.4%

EPS growth rate

Banks earnings growth8.3%
Revenue growth rate6.1%
Future return on equity16.4%
Analyst coverage

Good

Last updated07 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BSE:532483 - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2027695,495182,755N/AN/A9
3/31/2026636,084169,706N/AN/A15
3/31/2025584,184158,710N/AN/A15
9/30/2024612,616159,972-838,795-824,898N/A
6/30/2024592,831156,071N/AN/AN/A
3/31/2024573,364152,786-1,193,626-1,181,095N/A
12/31/2023550,466146,633N/AN/AN/A
9/30/2023515,288139,060-969,830-960,297N/A
6/30/2023492,200128,139N/AN/AN/A
3/31/2023446,721112,547-1,333,368-1,327,234N/A
12/31/2022398,67898,370N/AN/AN/A
9/30/2022381,10884,612-1,703,102-1,698,129N/A
6/30/2022367,95170,701N/AN/AN/A
3/31/2022370,68761,248-752,580-744,369N/A
12/31/2021374,02454,018N/AN/AN/A
9/30/2021366,01544,945-175,739-168,209N/A
6/30/2021341,49836,465N/AN/AN/A
3/31/2021321,66528,906-472,232-463,005N/A
12/31/2020244,474-15,152N/AN/AN/A
9/30/2020203,264-18,672-480,467-472,156N/A
6/30/2020171,305-18,908N/AN/AN/A
3/31/2020145,535-19,864-319,123-315,744N/A
12/31/2019161,99011,702N/AN/AN/A
9/30/2019106,6577,192-425,001-419,928N/A
6/30/201993,4486,442N/AN/AN/A
3/31/2019124,5456,019-566,450-560,393N/A
3/31/201834,299-39,514N/A-407,008N/A
3/31/2017103,58513,583N/A-129,420N/A
12/31/201672,525-7,939N/AN/AN/A
9/30/201646,591-29,461N/AN/AN/A
6/30/201646,011-27,766N/AN/AN/A
3/31/201645,431-26,070N/A33,220N/A
3/31/2015109,49328,647N/A-467,776N/A
3/31/201493,58326,302N/A-506,747N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532483's forecast earnings growth (6.3% per year) is below the savings rate (6.7%).

Earnings vs Market: 532483's earnings (6.3% per year) are forecast to grow slower than the Indian market (17.9% per year).

High Growth Earnings: 532483's earnings are forecast to grow, but not significantly.

Revenue vs Market: 532483's revenue (6.1% per year) is forecast to grow slower than the Indian market (10.4% per year).

High Growth Revenue: 532483's revenue (6.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 532483's Return on Equity is forecast to be low in 3 years time (16.4%).


Discover growth companies