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Canara Bank Ltd
NIFTY Next 50 NIFTY 100 NIFTY 200 NIFTY 500 NIFTY Bank PSU Bank +1 more
₹116,159 Cr
Market Cap
1.00
P/B
2.50%
NIM
17.7%
ROE
2.08%
GNPA
Fin. Margin
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
Shareholding
About

Canara Bank was merged with erstwhile Syndicate Bank in FY21. Canara was incorporated in 1906 and nationalised in 1969, along with 13 other major commercial banks of India, by the GoI. The bank is headquartered in Bangalore.Canara Bank was merged with erstwhile Syndicate Bank (e-SB) on April 1, 2020.

✓ Strengths 4
  • Stock is trading at 0.96 times its book value
  • Stock is providing a good dividend yield of 3.36%.
  • Company has delivered good profit growth of 47.1% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 20.4%
! Concerns

No concerns data yet.

Key Ratios Snapshot
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📈 Growth Pattern
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3-Statement Financial Model
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Weak quarter: Q4 PAT fell 9.95% YoY as non-interest income collapsed (treasury -72.66% YoY) and cost-to-income blew out 626 bps, despite strong full-year profit growth and continued asset quality improvement. quarter Investor Presentation One-Pager Mar 2026
Revenue
₹9,808 Cr
Net Interest Income, +3.88% YoY
EBITDA Margin
18.4%
Operating Profit/Total Income, down 374 bps YoY (was 22.2%)
PAT
₹4,506 Cr
Down 9.95% YoY (Q4); full-year PAT ₹19,187 Cr, +12.69% YoY
Key Metric
2.51%
NIM (quarterly), down 19 bps YoY; Gross NPA 1.84% (down 110 bps YoY)
What Went Right
  • Global advances grew 15.30% YoY to ₹12,37,548 Cr; retail credit surged 32.93% to ₹2,96,912 Cr.
  • Asset quality strengthened: Gross NPA 1.84% (down 110 bps YoY), Net NPA 0.43% (down 27 bps), PCR 94.21% (up 151 bps).
  • Full-year net profit rose 12.69% YoY to ₹19,187 Cr; EPS annualized ₹21.15, up 12.68% YoY.
  • CRAR improved 71 bps YoY to 17.04%, with Common Equity Tier 1 at 12.44%.
  • Slippage ratio (12M) declined 71 bps YoY to 0.69%; credit cost fell 33 bps to 0.59%.
What to Watch
  • Q4 PAT dropped 9.95% YoY to ₹4,506 Cr as non-interest income plunged 24.04% YoY, driven by treasury income falling 72.66% to ₹272 Cr.
  • Profit on sale of investments swung from ₹711 Cr gain to ₹103 Cr loss.
  • Cost-to-income ratio deteriorated sharply: quarterly 53.81% vs 47.55% a year ago (+626 bps); full-year 48.45% vs 47.27%.
  • Operating profit in Q4 fell 18.42% YoY to ₹6,758 Cr, despite 5.19% growth for the full year.
  • Net interest margin (NIM) eroded: 2.51% quarterly vs 2.73% last year, reflecting yield compression on advances.
Investor Lens
Q4 was a weak quarter overshadowed by a sharp drop in non-interest income — treasury losses and lower recoveries — and a spike in costs, causing PAT to fall nearly 10% YoY. However, the full-year picture remains constructive with double-digit earnings growth, robust credit expansion (especially retail), and best-in-class asset quality (GNPA 1.84%, PCR 94.21%). The key concern is the sustainability of NIM (2.51%) amid rising deposit costs and the ability to contain operating expenses. With CRAR at 17.04% and strong retail traction, the thesis is intact but near-term earnings visibility is clouded by volatile treasury income. Watch cost-to-income ratio, NIM trajectory, and SMA 0/1/2 trends (total SMA now 0.46% vs 0.96% a year ago) in the next quarter.
From investor presentation · AI-generated analysis · Not investment advice
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📊 MIXED Net profit falls 10.5% YoY to ₹4,575 Cr amid margin pressure.
Revenue
Revenue grew 1.1% YoY to ₹31,839 Cr, supported by a 2.9% QoQ increase. Other income stood at ₹4,700 Cr, while interest income was ₹22,024 Cr.
Profitability
Net profit declined 10.5% YoY to ₹4,575 Cr, with EPS falling to ₹5.04 from ₹5.59. PBT was ₹5,644 Cr, and the tax rate was 22%.
Margins
Financing margin stood at 3%, down 7% YoY but up 14% QoQ, indicating sequential improvement but ongoing annual pressure.
Cash Flow
Skip — not applicable for banking/financial companies.
Balance Sheet
Total assets were ₹1,887,325 Cr, with reserves of ₹115,891 Cr. ROE was 17.8%, and the PE ratio was 6.04.
Key Risks
NIM compression remains a concern despite QoQ recovery. Asset quality and credit costs require monitoring, along with regulatory changes affecting the banking sector.
Outlook
Sequential margin improvement offers some relief, but sustained loan growth and stable asset quality will be critical for earnings recovery. Net profit trend remains subdued.
Generated by AI · Mar 2026 results · Not investment advice
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🏦 Banking KPIs

NIM, GNPA, CASA, CAR, ROA, ROE and more — extracted from investor presentations
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