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Canara Bank (IN:CANBK)
:CANBK
India Market
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Canara Bank (CANBK) Price & Analysis

27 Followers

CANBK Stock Chart & Stats

₹125.70
₹1.61(1.28%)
At close: 4:00 PM EDT
₹125.70
₹1.61(1.28%)

Bulls Say, Bears Say

Bulls Say
Profit GrowthThe substantial rise in net income indicates that Canara Bank has materially strengthened earnings capacity over time. Greater profitability can support internal capital generation, improve resilience against credit costs, and provide more resources for technology, branch productivity, and future loan growth.
Franchise ScaleExpansion in assets and equity demonstrates a larger banking franchise and a stronger capital base than in 2021. This scale can support broader customer coverage and lending capacity, while rising equity provides an important buffer for absorbing losses and sustaining operations.
Margin ExpansionThe pronounced improvement in net and EBIT margins shows that a larger portion of revenue is being converted into profit. If broadly sustained, stronger margins enhance capital generation, improve operating resilience, and give the bank more flexibility to manage credit costs or reinvest in growth.
Bears Say
Revenue ContractionThe latest revenue contraction interrupts the earlier growth trend and indicates that top-line momentum is not consistently durable. Continued weakness could constrain operating leverage and make future profit expansion more dependent on margins, cost control, or favorable credit conditions.
Higher LeverageThe sharp increase in debt-to-equity raises balance-sheet risk and reduces financial flexibility if credit conditions tighten. Higher leverage can increase sensitivity to funding and asset-quality pressures, potentially limiting the bank’s ability to absorb shocks while continuing to expand lending.
Weak Cash GenerationThe swing to negative operating cash flow and repeated negative free cash flow reduce confidence in near-term cash conversion and funding comfort. Although banking cash flows can vary with asset and liability movements, persistent weakness may constrain flexibility during periods of faster balance-sheet growth.

Canara Bank News

CANBK FAQ

What was Canara Bank’s price range in the past 12 months?
Canara Bank lowest stock price was ₹116.55 and its highest was ₹162.90 in the past 12 months.
    What is Canara Bank’s market cap?
    Canara Bank’s market cap is ₹1.07T.
      When is Canara Bank’s upcoming earnings report date?
      Canara Bank’s upcoming earnings report date is Oct 14, 2026 which is today.
        How were Canara Bank’s earnings last quarter?
        Canara Bank released its earnings results on Jul 27, 2026. The company reported ₹5.4 earnings per share for the quarter, beating the consensus estimate of ₹4.72 by ₹0.68.
          Is Canara Bank overvalued?
          According to Wall Street analysts Canara Bank’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Canara Bank pay dividends?
            Canara Bank pays a Annually dividend of ₹4.2 which represents an annual dividend yield of 3.55%. See more information on Canara Bank dividends here
              What is Canara Bank’s EPS estimate?
              Canara Bank’s EPS estimate is 4.63.
                How many shares outstanding does Canara Bank have?
                Canara Bank has 9,070,651,000 shares outstanding.
                  What happened to Canara Bank’s price movement after its last earnings report?
                  Canara Bank reported an EPS of ₹5.4 in its last earnings report, beating expectations of ₹4.72. Following the earnings report the stock price went up 1.273%.
                    Which hedge fund is a major shareholder of Canara Bank?
                    Currently, no hedge funds are holding shares in IN:CANBK
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Canara Bank

                      Canara Bank, established in 1906 and headquartered in Bengaluru, India, delivers a comprehensive suite of banking and financial services to clients across India and internationally. The bank caters to individual customers with a diverse range of deposit products, including savings, current, recurring, fixed, and specialized schemes for senior citizens, alongside various re-investment plans. Its lending facilities span housing, home improvement, vehicle, site, rent, and gold loans, as well as specific offerings for teachers, consumers, education, and rainwater harvesting, complemented by mortgage and housing-cum-solar finance. Beyond core banking, it extends into wealth management (mutual funds, investment counselling, estate and wills assistance), insurance offerings (life, general, and health), foreign exchange and international banking, and essential utilities like safe deposit lockers, depository services, safe custody, and card facilities. Consultancy services further cover personal tax assistance and various trusteeship roles. For its corporate clientele, the bank provides current and fixed deposit accounts, diverse financing options including working capital, term loans, infrastructure funding, and export finance, alongside supply chain finance management. Specialized corporate services encompass IPO monitoring, syndication, merchant banking, escrow services, underwriting, and investment facilities. Non-Resident Indians (NRIs) are offered tailored banking solutions such as remittance facilities, bespoke loan offerings (like home, home improvement, vehicle, rent, mortgage, and site loans), investment opportunities including online trading, and consultancy services which include safe deposit lockers, safe custody, and attorney services. Canara Bank also supports Micro, Small, and Medium Enterprises (MSMEs) with dedicated banking services and facilitates transactions through internet banking. As of March 31, 2022, its extensive operational footprint comprised 9,734 branches (including 777 specialized and 3 overseas facilities) and 12,208 ATMs.

                      Canara Bank (CANBK) Earnings & Revenues

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