Canara Bank Share Price and Company Fundamentals



Price
₹197.05
Change
4.300 (2.231%)
52 week
142.1 - 272.8

Last traded: Today at 4:34 AM

Canara Bank provides various banking products and services in India and internationally. It offers personal banking services, such as savings and deposits comprising savings accounts, current accounts, recurring deposits, fixed deposits, unclaimed deposits, deposit schemes for senior citizens, and re-investment plans; loan products, including housing, home improvement, vehicle, site, rent, teachers, gold, mortgage, housing-cum-solar, consumer, education, rain water harvesting, and other loans; life, general, and health insurance products; consultancy services, which cover personal tax assistance and investment counselling, estate and wills, private and charitable trustee, debenture and security trusteeship, and attorney ship services; foreign exchange and international banking services; mutual funds; and safe deposit lockers, depository, safe custody, and card services. The company also provides corporate banking products and services, including accounts and deposits, such as current, fixed, and recurring deposits; supply chain finance management; loans and advances comprising working capital finance, term loans, infrastructure financing, and export finance; syndication services; IPO monitoring services; and merchant and commercial banking, escrow bankers/ASBA, underwriting, and investment services. In addition, it offers NRI banking products and services, such as remittance facilities; loans and advances, such as home, home improvement, vehicle, rent, mortgage, and site loans; consultancy safe deposit lockers, safe custody, and attorney ship services; and investment and online trading facilities. Further, the company provides internet, micro, small, and medium enterprises banking services. As of March 31, 2022, it operated 9734 branches, including 777 specialized branches and 3 overseas branches; and 12,208 ATMs. Canara Bank was incorporated in 1906 and is headquartered in Bengaluru, India.

Key Metrics

PE ratio

5.38

PB ratio

0.49

Dividend yield

3.37%

Beta

0.99

Market cap

-

Enterprise value

-

Company profile

Industry / SectorBanks—Regional / Financial Services
Full time employees86919
Websitehttps://www.canarabank.com
Mailing address112, J C Road Town Hall Bengaluru 560002 India
Phone / Fax91 80 2210 0250 / 91 80 2224 8831

Dividends

Dividend yield

3.37%

Dividend amount

₹6.50

Payout ratio

0.00%

Canara Bank paid ₹6.50 dividend and the ex-dividend date was 15 June 2022.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CANBK dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

CANBK's forward dividend amount is ₹6.5 and the forward dividend yield is 3.44%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Canara Bank.

NameTitleAgeTotal Pay
Mr. Lingam Venkata PrabhakarMD, CEO & Director59
Mr. Brij Mohan SharmaExec. Director58
Mr. Debashish MukherjeeExec. Director55
Mr. K. Satyanarayana RajuExec. Director56
S. K. MajumdarGM & CFO
A NarayananCTO & GM
Pushkar SinhaChief Information Officer & GM
Ajith JoseGroup Chief Compliance Officer
Mr. V. RamachandraChief Gen. Mang.
Mr. A. V. Rama RaoGroup Chief Risk Officer

Profitability and management effectiveness

Profit margin

18.16%

Operating margin

17.19%

Return on assets

0.50%

Return on equity

9.19%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Canara Bank is and its enterprise value is .

The CANBK's stocks Beta value is 0.99 making it 1% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Canara Bank (NSE:CANBK) Frequently Asked Questions

1. What is Canara Bank's Stock Symbol?

Canara Bank trades on NSE under the ticker symbol "CANBK".

2. What is Canara Bank's stock price today?

One share of CANBK stock can currently be purchased for approximately ₹197.05.

3. How can I contact Canara Bank?

Canara Bank's mailing address is 112, J C Road Town Hall Bengaluru 560002 India. The company can be reached via phone at 91 80 2210 0250.

4. What is Canara Bank's official website?

The official website of Canara Bank is https://www.canarabank.com.