Canara Bank Past Earnings Performance
Past criteria checks 3/6
Canara Bank has been growing earnings at an average annual rate of 58.2%, while the Banks industry saw earnings growing at 41.3% annually. Revenues have been growing at an average rate of 29.6% per year. Canara Bank's return on equity is 16.5%, and it has net margins of 26.6%.
Key information
58.2%
Earnings growth rate
52.2%
EPS growth rate
| Banks Industry Growth | 38.0% |
| Revenue growth rate | 29.6% |
| Return on equity | 16.5% |
| Net Margin | 26.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
If EPS Growth Is Important To You, Canara Bank (NSE:CANBK) Presents An Opportunity
Feb 05
If EPS Growth Is Important To You, Canara Bank (NSE:CANBK) Presents An Opportunity
Oct 23Here's Why Canara Bank (NSE:CANBK) Has Caught The Eye Of Investors
Jul 08Canara Bank (NSE:CANBK) Is Paying Out A Larger Dividend Than Last Year
Jun 03Canara Bank (NSE:CANBK) Is Paying Out A Larger Dividend Than Last Year
May 11Does Canara Bank (NSE:CANBK) Deserve A Spot On Your Watchlist?
Feb 06Should You Be Adding Canara Bank (NSE:CANBK) To Your Watchlist Today?
Aug 23Here's Why I Think Canara Bank (NSE:CANBK) Might Deserve Your Attention Today
May 09How Much Of Canara Bank (NSE:CANBK) Do Institutions Own?
Feb 06Canara Bank's(NSE:CANBK) Share Price Is Down 67% Over The Past Three Years.
Dec 15What Kind Of Shareholders Hold The Majority In Canara Bank's (NSE:CANBK) Shares?
Oct 23Canara Bank's (NSE:CANBK) Stock Price Has Reduced70% In The Past Three Years
Aug 04
Revenue & Expenses BreakdownBeta
How Canara Bank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 573,364 | 152,786 | 171,123 | 0 |
| 31 Dec 23 | 550,466 | 146,633 | 211,896 | 0 |
| 30 Sep 23 | 515,288 | 139,060 | 201,407 | 0 |
| 30 Jun 23 | 492,200 | 128,139 | 194,434 | 0 |
| 31 Mar 23 | 446,721 | 112,547 | 191,787 | 0 |
| 31 Dec 22 | 398,678 | 98,370 | 179,406 | 0 |
| 30 Sep 22 | 381,108 | 84,612 | 173,965 | 0 |
| 30 Jun 22 | 367,951 | 70,701 | 174,034 | 0 |
| 31 Mar 22 | 370,687 | 61,248 | 173,355 | 0 |
| 31 Dec 21 | 374,024 | 54,018 | 174,563 | 0 |
| 30 Sep 21 | 366,015 | 44,945 | 176,289 | 0 |
| 30 Jun 21 | 341,498 | 36,465 | 176,613 | 0 |
| 31 Mar 21 | 321,665 | 28,906 | 173,355 | 0 |
| 31 Dec 20 | 244,474 | -15,152 | 147,195 | 0 |
| 30 Sep 20 | 203,264 | -18,672 | 132,114 | 0 |
| 30 Jun 20 | 171,305 | -18,908 | 115,205 | 0 |
| 31 Mar 20 | 145,535 | -19,864 | 100,304 | 0 |
| 31 Dec 19 | 161,990 | 11,702 | 76,645 | 0 |
| 30 Sep 19 | 106,657 | 7,192 | 87,093 | 0 |
| 30 Jun 19 | 93,448 | 6,442 | 86,146 | 0 |
| 31 Mar 19 | 124,545 | 6,019 | 85,582 | 0 |
| 31 Mar 18 | 34,299 | -39,514 | 81,581 | 0 |
| 31 Mar 17 | 103,585 | 13,583 | 70,910 | 0 |
| 31 Dec 16 | 72,525 | -7,939 | 68,317 | 0 |
| 30 Sep 16 | 46,591 | -29,461 | 65,724 | 0 |
| 30 Jun 16 | 46,011 | -27,766 | 64,424 | 0 |
| 31 Mar 16 | 45,431 | -26,070 | 63,123 | 0 |
| 31 Mar 15 | 109,493 | 28,647 | 61,741 | 0 |
| 31 Mar 14 | 93,583 | 26,302 | 51,082 | 0 |
Quality Earnings: CANBK has high quality earnings.
Growing Profit Margin: CANBK's current net profit margins (26.6%) are higher than last year (25.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CANBK's earnings have grown significantly by 58.2% per year over the past 5 years.
Accelerating Growth: CANBK's earnings growth over the past year (35.8%) is below its 5-year average (58.2% per year).
Earnings vs Industry: CANBK earnings growth over the past year (35.8%) did not outperform the Banks industry 38.7%.
Return on Equity
High ROE: CANBK's Return on Equity (16.5%) is considered low.