Canara Bank

NSE: CANBK · Public Sector Bank

52W Range₹104 ₹163

Snapshot

Unlock Canara Bank's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Canara Bank is a prominent Indian public sector bank offering a comprehensive suite of personal, corporate, and international banking services. Its operations span retail deposits, diverse loan products, wealth management, and specialised corporate financing solutions.

Business Model

The bank generates revenue primarily through net interest income derived from the spread between interest earned on loans and interest paid on deposits. Additionally, it earns non-interest income through fee-based services, including merchant banking, insurance distribution, and foreign exchange operations.

  • Branches:9734
  • ATMs:12208

Growth Outlook

Growth is driven by the expansion of its digital banking infrastructure and the deepening of its MSME and retail credit portfolios. The bank continues to leverage its extensive branch network to capture market share in both urban and rural segments.

Key Risks

  • Asset Quality Risk. Exposure to non-performing assets in the corporate and MSME sectors could adversely impact the bank's profitability and capital adequacy.
  • Regulatory Risk. As a public sector bank, it is subject to stringent regulatory oversight and policy shifts by the Reserve Bank of India and the Government of India.
  • Interest Rate Risk. Fluctuations in interest rates may affect the bank's net interest margins and the valuation of its investment portfolio.
  • Cybersecurity Risk. Increasing digitisation of banking services exposes the institution to potential data breaches and sophisticated cyber-attacks.

Price

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Key Metrics

REVENUE

₹1,25,530 Cr

TTM · standalone

+6.8%YoY

NET PROFIT

₹17,118 Cr

TTM · consolidated

-1.3%YoY

EPS

₹19.70

TTM · consolidated

+1.9%YoY

P/E

6.4x

Q4 FY26 · consolidated

6.4 vs 3.8x5Y avg

NET PROFIT MARGIN

16.1%

Q3 FY26 · standalone

+2.6 ppYoY

Peers · Public Sector Bank

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Canara BankCANBK
1,21,5466.396.8%14.5%+7.6%
Bank of BarodaBANKBARODA
1,41,1786.474.3%11.7%-0.3%
Union Bank of IndiaUNIONBANK
1,33,2826.631.7%11.4%+13.8%
Punjab National BankPNB
1,23,7785.9113.7%-8.5%
Indian BankINDIANB
1,17,3609.448.3%15.5%+27.8%
Bank of IndiaBANKINDIA
67,0836.337.9%12.2%+21.4%

As of Q3 FY26

Financials