Canara Bank

NSEI:CANBK Stock Report

Market Cap: ₹903.5b

Canara Bank Past Earnings Performance

Past criteria checks 2/6

Canara Bank has been growing earnings at an average annual rate of 53.3%, while the Banks industry saw earnings growing at 38.3% annually. Revenues have been growing at an average rate of 26.5% per year. Canara Bank's return on equity is 15.6%, and it has net margins of 26.1%.

Key information

53.3%

Earnings growth rate

50.4%

EPS growth rate

Banks Industry Growth38.0%
Revenue growth rate26.5%
Return on equity15.6%
Net Margin26.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Is Now The Time To Put Canara Bank (NSE:CANBK) On Your Watchlist?

Jul 19
Is Now The Time To Put Canara Bank (NSE:CANBK) On Your Watchlist?

Canara Bank's (NSE:CANBK) Upcoming Dividend Will Be Larger Than Last Year's

Jun 14
Canara Bank's (NSE:CANBK) Upcoming Dividend Will Be Larger Than Last Year's

Canara Bank's (NSE:CANBK) Upcoming Dividend Will Be Larger Than Last Year's

May 30
Canara Bank's (NSE:CANBK) Upcoming Dividend Will Be Larger Than Last Year's

Canara Bank (NSE:CANBK) Will Pay A Larger Dividend Than Last Year At ₹16.10

May 11
Canara Bank (NSE:CANBK) Will Pay A Larger Dividend Than Last Year At ₹16.10

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

Revenue & Expenses Breakdown

How Canara Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NSEI:CANBK Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24612,616159,972233,3980
30 Jun 24592,831156,071227,5950
31 Mar 24573,364152,786221,5860
31 Dec 23550,466146,633211,8960
30 Sep 23515,288139,060201,4070
30 Jun 23492,200128,139194,4340
31 Mar 23446,721112,547191,7870
31 Dec 22398,67898,370179,4060
30 Sep 22381,10884,612173,9650
30 Jun 22367,95170,701174,0340
31 Mar 22370,68761,248173,3550
31 Dec 21374,02454,018174,5630
30 Sep 21366,01544,945176,2890
30 Jun 21341,49836,465176,6130
31 Mar 21321,66528,906173,3550
31 Dec 20244,474-15,152147,1950
30 Sep 20203,264-18,672132,1140
30 Jun 20171,305-18,908115,2050
31 Mar 20145,535-19,864100,3040
31 Dec 19161,99011,70276,6450
30 Sep 19106,6577,19287,0930
30 Jun 1993,4486,44286,1460
31 Mar 19124,5456,01985,5820
31 Mar 1834,299-39,51481,5810
31 Mar 17103,58513,58370,9100
31 Dec 1672,525-7,93968,3170
30 Sep 1646,591-29,46165,7240
30 Jun 1646,011-27,76664,4240
31 Mar 1645,431-26,07063,1230
31 Mar 15109,49328,64761,7410
31 Mar 1493,58326,30251,0820

Quality Earnings: CANBK has high quality earnings.

Growing Profit Margin: CANBK's current net profit margins (26.1%) are lower than last year (27%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CANBK's earnings have grown significantly by 53.3% per year over the past 5 years.

Accelerating Growth: CANBK's earnings growth over the past year (15%) is below its 5-year average (53.3% per year).

Earnings vs Industry: CANBK earnings growth over the past year (15%) did not outperform the Banks industry 15%.

Return on Equity

High ROE: CANBK's Return on Equity (15.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 05:05
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Canara Bank is covered by 50 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Clyton FernandesAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited
Vaibhav AgrawalAngel Broking Private Limited