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 growth | 8.3% |
Revenue growth rate | 6.1% |
Future return on equity | 16.4% |
Analyst coverage | Good |
Last updated | 07 Nov 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
3/31/2027 | 695,495 | 182,755 | N/A | N/A | 9 |
3/31/2026 | 636,084 | 169,706 | N/A | N/A | 15 |
3/31/2025 | 584,184 | 158,710 | N/A | N/A | 15 |
9/30/2024 | 612,616 | 159,972 | -838,795 | -824,898 | N/A |
6/30/2024 | 592,831 | 156,071 | N/A | N/A | N/A |
3/31/2024 | 573,364 | 152,786 | -1,193,626 | -1,181,095 | N/A |
12/31/2023 | 550,466 | 146,633 | N/A | N/A | N/A |
9/30/2023 | 515,288 | 139,060 | -969,830 | -960,297 | N/A |
6/30/2023 | 492,200 | 128,139 | N/A | N/A | N/A |
3/31/2023 | 446,721 | 112,547 | -1,333,368 | -1,327,234 | N/A |
12/31/2022 | 398,678 | 98,370 | N/A | N/A | N/A |
9/30/2022 | 381,108 | 84,612 | -1,703,102 | -1,698,129 | N/A |
6/30/2022 | 367,951 | 70,701 | N/A | N/A | N/A |
3/31/2022 | 370,687 | 61,248 | -752,580 | -744,369 | N/A |
12/31/2021 | 374,024 | 54,018 | N/A | N/A | N/A |
9/30/2021 | 366,015 | 44,945 | -175,739 | -168,209 | N/A |
6/30/2021 | 341,498 | 36,465 | N/A | N/A | N/A |
3/31/2021 | 321,665 | 28,906 | -472,232 | -463,005 | N/A |
12/31/2020 | 244,474 | -15,152 | N/A | N/A | N/A |
9/30/2020 | 203,264 | -18,672 | -480,467 | -472,156 | N/A |
6/30/2020 | 171,305 | -18,908 | N/A | N/A | N/A |
3/31/2020 | 145,535 | -19,864 | -319,123 | -315,744 | N/A |
12/31/2019 | 161,990 | 11,702 | N/A | N/A | N/A |
9/30/2019 | 106,657 | 7,192 | -425,001 | -419,928 | N/A |
6/30/2019 | 93,448 | 6,442 | N/A | N/A | N/A |
3/31/2019 | 124,545 | 6,019 | -566,450 | -560,393 | N/A |
3/31/2018 | 34,299 | -39,514 | N/A | -407,008 | N/A |
3/31/2017 | 103,585 | 13,583 | N/A | -129,420 | N/A |
12/31/2016 | 72,525 | -7,939 | N/A | N/A | N/A |
9/30/2016 | 46,591 | -29,461 | N/A | N/A | N/A |
6/30/2016 | 46,011 | -27,766 | N/A | N/A | N/A |
3/31/2016 | 45,431 | -26,070 | N/A | 33,220 | N/A |
3/31/2015 | 109,493 | 28,647 | N/A | -467,776 | N/A |
3/31/2014 | 93,583 | 26,302 | N/A | -506,747 | N/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%).