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Canara Bank

Canara Bank's npls (as % of loans) fell 27.1% to 8.78% in 2018

By Helgi Library - November 2, 2019

Canara Bank's non-performing loans reached 8.78% of total loans at the end of 2018, down from 12.0% compared to the previous year...

Canara Bank's npls (as % of loans) fell 27.1% to 8.78% in 2018

By Helgi Library - November 2, 2019

Canara Bank's non-performing loans reached 8.78% of total loans at the end of 2018, down from 12.0% compared to the previous year...

Canara Bank's net interest income rose 18.9% to INR 146 bil in 2018

By Helgi Library - November 2, 2019

Canara Bank generated total banking revenues of INR 219 bil in 2018, up 11.7% compared to the previous year. Historically...

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Annual Quarterly LTM

Profit Statement		2016	2017	2018
Net Interest Income	INR bil	99.7	123	146
Net Fee Income	INR bil	12.7	10.9	11.3
Other Income	INR bil	65.2	62.7	62.0
Total Revenues	INR bil	178	196	219
Operating Profit	INR bil	91.6	98.0	5.50
Provisions	INR bil	79.2	139	0
Net Profit	INR bil	13.6	-39.5	6.02

Balance Sheet		2016	2017	2018
Interbank Loans	INR bil	390	281	366
Customer Loans	INR bil	3,423	3,821	4,281
Total Assets	INR bil	5,962	6,314	7,118
Shareholders' Equity	INR bil	352	374	384
Interbank Borrowing	INR bil	269	269	299
Customer Deposits	INR bil	4,953	5,248	5,991
Issued Debt Securities	INR bil	140	133	127

Ratios		2016	2017	2018
ROE	%	3.99	-10.9	1.59
ROA	%	0.234	-0.644	0.090
Costs (As % Of Assets)	%	1.49	1.60	3.18
Costs (As % Of Income)	%	48.5	50.1	97.5
Capital Adequacy Ratio	%	13.0	...	11.9
Net Interest Margin	%	1.72	2.00	2.17
Loans (As % Of Deposits)	%	69.1	72.8	71.5
NPLs (As % Of Loans)	%	9.75	12.0	8.78
Provisions (As % Of NPLs)	%	31.2	26.2	47.8

Valuation		2016	2017	2018
Price/Earnings (P/E)		13.3	...	36.5
Price/Book Value (P/BV)		0.514	0.517	0.572
Dividend Yield	%	0	0	0
Earnings Per Share (EPS)	INR	25.0	-65.9	8.18
Book Value Per Share	INR	647	624	521
Dividend Per Share	INR	0	0	0

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summary
income statement
balance sheet
ratios
other data

summary	Unit	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018
income statement
Net Interest Income	INR bil											79.3	90.3	97.6	98.4	99.7
Total Revenues	INR bil											112	131	144	149	178
Operating Profit	INR bil											59.9	69.9	71.3	73.2	91.6
Net Profit	INR bil											29.7	26.3	28.6	-26.1	13.6
balance sheet
Interbank Loans	INR bil											194	227	267	361	390
Customer Loans	INR bil											2,424	3,013	3,303	3,250	3,423
Debt Securities	INR bil											1,271	1,348	1,545	1,515	1,611
Total Assets	INR bil											4,193	5,011	5,586	5,637	5,962
Shareholders' Equity	INR bil											254	305	329	329	352
Interbank Borrowing	INR bil											127	172	147	146	269
Customer Deposits	INR bil											3,557	4,206	4,737	4,797	4,953
Issued Debt Securities	INR bil											87.1	113	121	136	140
ratios
ROE	%											12.2	9.41	9.04	-7.93	3.99
ROA	%											0.744	0.572	0.541	-0.465	0.234
Costs (As % Of Assets)	%											1.30	1.33	1.37	1.35	1.49
Costs (As % Of Income)	%											46.4	46.7	50.5	50.9	48.5
Capital Adequacy Ratio	%	...	...	...	...	...	...	...	...			12.6	10.8	10.7	11.2	13.0	...
Net Interest Margin	%											1.99	1.96	1.84	1.75	1.72
Interest Income (As % Of Revenues)	%											70.9	68.9	67.8	66.0	56.1
Fee Income (As % Of Revenues)	%											7.77	7.50	6.92	6.67	7.17
Equity (As % Of Assets)	%											6.06	6.08	5.88	5.83	5.90
Loans (As % Of Deposits)	%											68.2	71.6	69.7	67.7	69.1
Loans (As % Assets)	%											57.8	60.1	59.1	57.7	57.4
NPLs (As % Of Loans)	%	...	...	...	...	...	...					2.57	2.50	3.97	9.67	9.75
Provisions (As % Of NPLs)	%	...	...	...	...	...	...					14.9	20.6	11.8	13.4	31.2
valuation
Market Capitalisation (End Of Period)	USD mil											3,105	1,973	2,772	1,556	2,661
Number Of Shares (Average)	mil											455	460	474	539	544
Share Price (End Of Period)	INR											374	265	369	191	333
Earnings Per Share (EPS)	INR											65.2	57.2	60.4	-48.3	25.0
Book Value Per Share	INR											558	663	693	609	647
Dividend Per Share	INR											12.6	11.0	11.4	0	0
Price/Earnings (P/E)												5.73	4.64	6.10	...	13.3	...
Price/Book Value (P/BV)												0.670	0.400	0.532	0.314	0.514
Dividend Yield	%											3.39	4.16	3.10	0	0
Earnings Per Share Growth	%	...										-11.1	-12.3	5.66	-180	-152
Book Value Per Share Growth	%	...										9.50	18.8	4.58	-12.1	6.24

income statement	Unit	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018
income statement
Interest Income	INR bil											341	396	439	441	415
Interest Cost	INR bil											262	306	341	343	315
Net Interest Income	INR bil											79.3	90.3	97.6	98.4	99.7
Net Fee Income	INR bil											8.68	9.83	9.97	9.94	12.7
Other Income	INR bil											23.8	30.9	36.4	40.7	65.2
Total Revenues	INR bil											112	131	144	149	178
Operating Cost	INR bil											51.8	61.2	72.7	75.9	86.1
Operating Profit	INR bil											59.9	69.9	71.3	73.2	91.6
Provisions	INR bil											30.5	44.0	42.9	99.9	79.2
Extra and Other Cost	INR bil											-0.479	-0.851	-0.883	-1.35	-1.79
Pre-Tax Profit	INR bil											29.9	26.7	29.3	-25.4	14.1
Tax	INR bil											0	0	0	0	0
Minorities	INR bil											0.251	0.421	0.664	0.719	0.525
Net Profit	INR bil											29.7	26.3	28.6	-26.1	13.6
Dividends	INR bil											5.76	5.07	5.41	0	0
growth rates
Net Interest Income Growth	%	...										2.07	14.0	8.04	0.874	1.31
Net Fee Income Growth	%	...										-3.15	13.2	1.44	-0.270	28.2
Total Revenue Growth	%	...										3.86	17.3	9.86	3.54	19.2
Operating Cost Growth	%	...										7.50	18.1	18.8	4.49	13.4
Operating Profit Growth	%	...										0.903	16.6	2.04	2.58	25.1
Pre-Tax Profit Growth	%	...										-9.42	-10.8	9.68	-186	-156
Net Profit Growth	%	...										-11.1	-11.4	8.92	-191	-152
market share
Market Share in Revenues	%	...	...	...	...	...	...	...	...	...		4.73	4.86	4.74	4.43	4.42		...
Market Share in Net Profit	%	...	...	...	...	...	...	...	...	...		5.02	4.88	5.25	...	...	...	...

balance sheet	Unit	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018
balance sheet
Cash	INR bil											154	222	220	207	199
Interbank Loans	INR bil											194	227	267	361	390
Customer Loans	INR bil											2,424	3,013	3,303	3,250	3,423
Debt Securities	INR bil											1,271	1,348	1,545	1,515	1,611
Fixed Assets	INR bil											28.8	66.6	69.7	72.1	71.9
Total Assets	INR bil											4,193	5,011	5,586	5,637	5,962
Shareholders' Equity	INR bil											254	305	329	329	352
Of Which Minority Interest	INR bil											2.32	3.14	3.79	4.49	4.98
Liabilities	INR bil											3,939	4,706	5,257	5,309	5,610
Interbank Borrowing	INR bil											127	172	147	146	269
Customer Deposits	INR bil											3,557	4,206	4,737	4,797	4,953
Sight Deposits	INR bil											147	177	197	198	226
Term Deposits	INR bil											3,410	4,029	4,540	4,599	4,727
Issued Debt Securities	INR bil											87.1	113	121	136	140
Other Liabilities	INR bil											168	215	252	229	248
asset quality
Non-Performing Loans	INR bil	...	...	...	...	...	...					62.6	75.7	132	319	344
Gross Loans	INR bil											2,434	3,029	3,319	3,292	3,531
Total Provisions	INR bil	...	...	...								9.33	15.6	15.6	42.5	107
growth rates
Customer Loan Growth	%	...										4.17	24.3	9.61	-1.61	5.33
Total Asset Growth	%	...										10.6	19.5	11.5	0.925	5.75
Shareholders' Equity Growth	%	...										9.50	20.0	7.81	-0.035	7.07
Customer Deposit Growth	%	...										8.81	18.3	12.6	1.27	3.23
market share
Market Share in Customer Loans	%	...	...									4.39	4.69	4.65	4.08	4.15		...
Market Share in Total Assets	%											4.83	4.95	5.01	4.47	4.20		...
Market Share in Customer Deposits	%											5.65	5.84	5.80	5.25	4.65		...

ratios	Unit	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018
ratios
ROE	%											12.2	9.41	9.04	-7.93	3.99
ROA	%											0.744	0.572	0.541	-0.465	0.234
Costs (As % Of Assets)	%											1.30	1.33	1.37	1.35	1.49
Costs (As % Of Income)	%											46.4	46.7	50.5	50.9	48.5
Capital Adequacy Ratio	%	...	...	...	...	...	...	...	...			12.6	10.8	10.7	11.2	13.0	...
Tier 1 Ratio	%	...	...	...	...	...	...	...	...			9.99	7.79	8.11	8.89	9.88	...
Net Interest Margin	%											1.99	1.96	1.84	1.75	1.72
Interest Spread	%	...										1.56	1.53	1.43	1.37	1.38
Asset Yield	%											8.55	8.61	8.28	7.86	7.16
Cost Of Liabilities	%	...										6.99	7.08	6.85	6.49	5.78
Payout Ratio	%											19.4	19.3	18.9	0	0
Interest Income (As % Of Revenues)	%											70.9	68.9	67.8	66.0	56.1
Fee Income (As % Of Revenues)	%											7.77	7.50	6.92	6.67	7.17
Other Income (As % Of Revenues)	%											21.3	23.6	25.3	27.3	36.7
Equity (As % Of Assets)	%											6.06	6.08	5.88	5.83	5.90
Loans (As % Of Deposits)	%											68.2	71.6	69.7	67.7	69.1
Loans (As % Assets)	%											57.8	60.1	59.1	57.7	57.4
NPLs (As % Of Loans)	%	...	...	...	...	...	...					2.57	2.50	3.97	9.67	9.75
Provisions (As % Of NPLs)	%	...	...	...	...	...	...					14.9	20.6	11.8	13.4	31.2
Provisions (As % Of Loans)	%	...	...	...								0.385	0.518	0.473	1.31	3.14
Cost of Provisions (As % Of Loans)	%											1.28	1.62	1.36	3.05	2.37

other data	Unit	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018
other data
Employees												42,693	48,794	53,984	54,008	55,717
Sight (As % Of Customer Deposits)	%											4.14	4.22	4.16	4.13	4.56

Get all company financials in excel:

Download Sample $19.99

Canara Bank in Numbers
Annual (2002 - 2018)

Nov 2019

Statistical Dossier

$19.99

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More Charts

Canara Bank's net interest income rose 18.9% to INR 146 bil in 2018

By Helgi Library - November 2, 2019

Canara Bank generated total banking revenues of INR 219 bil in 2018, up 11.7% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of INR 219 bil in 2018 and an all t...

Canara Bank's price/earnings (P/E) rose 174% to 36.5 in 2018

By Helgi Library - November 2, 2019

Canara Bank stock traded at INR 298 per share at the end 2018 implying a market capitalization of USD 3,144 mil. Since the end of 2013, the stock has appreciated by 12.5 % implying an annual average growth of 2.38 %. In absolute terms, the value of the company ro...

Canara Bank's price/earnings (P/E) rose 174% to 36.5 in 2018

By Helgi Library - November 2, 2019

Canara Bank's net interest margin rose 8.65% to 2.17% in 2018

By Helgi Library - November 2, 2019

Canara Bank's net interest margin amounted to 2.17% in 2018, up from 2.00% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.20% in 2004 and an all time low of 1.72% in 2016. The average margin in ...

Canara Bank's net interest margin rose 8.65% to 2.17% in 2018

By Helgi Library - November 2, 2019

Canara Bank's capital adequacy ratio fell 8.18% to 11.9% in 2018

By Helgi Library - November 2, 2019

Canara Bank's capital adequacy ratio reached 11.9% at the end of 2018, up from compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 15.2% in 2010 and an all time low of 10.7% in 2014. The Tier 1 ratio amounted to ...

Canara Bank's capital adequacy ratio fell 8.18% to 11.9% in 2018

By Helgi Library - November 2, 2019

Canara Bank's share price (end of period) fell 7.71% to INR 298 in 2018

By Helgi Library - November 2, 2019

Canara Bank stock traded at INR 298 per share at the end of 2018 implying a market capitalization of USD 3,144 mil. Since the end of 2013, the stock has appreciated by 12.5 % implying an annual average growth of 2.38 %. In absolute terms, the value of the company ...

Canara Bank's share price (end of period) fell 7.71% to INR 298 in 2018

By Helgi Library - November 2, 2019

Canara Bank's customer loan growth rose 3.76% to 12.1% in 2018

By Helgi Library - November 2, 2019

Canara Bank's customer loan growth reached 12.1% in 2018, up from 11.6% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 175% in 2008 and an all time low of -49.1% in 2007. In the last decade, the average an...

More News

Finance

Canara Bank has been growing its revenues and asset by 12.1% and 12.4% a year on average in the last 10 years. Its loans and deposits have grown by 12.0% and 12.4% a year during that time and loans to deposits ratio reached 71.5% at the end of 2018. The company achieved an average return on equity of 7.68% in the last decade with net profit growing -11.6% a year on average. In terms of operating efficiency, its cost to income ratio reached 97.5% in 2018, compared to 52.2% average in the last decade.

Equity represented 5.39% of total assets or 8.96% of loans at the end of 2018. Canara Bank's non-performing loans were 8.78% of total loans while provisions covered some 47.8% of NPLs at the end of 2018.

Valuation

Canara Bank stock traded at INR 298 per share at the end of 2018 resulting in a market capitalization of USD 3,144 mil. Over the previous five years, stock price rose by 12.5% or 2.38% a year on average. That’s compared to an average ROE of -0.839% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 36.5x and price to book value (PBV) of 0.572x in 2018.

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Bank Equity (As % of Bank Assets) fell 3.24% to 6.32% in Poland in 2023

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Non-Performing Loans (As % of Total Loans) fell 4.45% to 2.32% in Poland in 2023

FX Rate to USD (Average) fell 0.037% to 606 per USD in Mali in 2024

FX Rate to USD (Average) rose 129% to 1,479 per USD in Nigeria in 2024

FX Rate to USD (End of Period) rose 4.91% yoy to 1.61 per USD in Australia in February 2025

FX Rate to USD (End of Period) rose 3.99% yoy to 1.88 per USD in Bulgaria in February 2025

Finance

Valuation

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