Shares of Canara Bank gained over 3% in Thursday's session, staging a solid recovery from day's low. The bank reported its Q1 earnings with net profit rising over 20% YoY. The stock is included as one of the stocks in the NIFTY NEXT 50 index.
Recent Financial Performance
The following table presents the consolidated quarterly financial performance of Canara Bank:
Heading | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
---|---|---|---|---|---|
Revenue | Rs 31,495 Crore | Rs 30,750 Crore | Rs 30,181 Crore | Rs 29,172 Crore | Rs 29,286 Crore |
Net Profit | Rs 5,097 Crore | Rs 4,161 Crore | Rs 4,100 Crore | Rs 3,977 Crore | Rs 3,793 Crore |
EPS | Rs 5.59 | Rs 4.65 | Rs 4.62 | Rs 4.48 | Rs 21.78 |
The following table presents the consolidated yearly financial performance of Canara Bank:
Heading | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Revenue | Rs 121,601 Crore | Rs 110,518 Crore | Rs 85,884 Crore | Rs 70,613 Crore | Rs 70,212 Crore |
Net Profit | Rs 17,336 Crore | Rs 14,782 Crore | Rs 10,808 Crore | Rs 5,795 Crore | Rs 2,702 Crore |
EPS | Rs 19.34 | Rs 84.22 | Rs 62.04 | Rs 35.04 | Rs 19.11 |
BVPS | Rs 545.53 | Rs 457.60 | Rs 388.97 | Rs 338.76 | Rs 328.68 |
ROE | 17.72% | 18.40% | 15.94% | 9.96% | 5.34% |
NIM | 2.24% | 2.50% | 2.38% | 2.19% | 2.12% |
Annual Income Statement:
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Interest Earned | Rs 121,601 Crore | Rs 110,518 Crore | Rs 85,884 Crore | Rs 70,613 Crore | Rs 70,212 Crore |
Other Income | Rs 31,056 Crore | Rs 28,646 Crore | Rs 25,325 Crore | Rs 23,643 Crore | Rs 23,447 Crore |
Total Income | Rs 152,657 Crore | Rs 139,164 Crore | Rs 111,209 Crore | Rs 94,256 Crore | Rs 93,659 Crore |
Total Expenditure | Rs 120,869 Crore | Rs 109,454 Crore | Rs 83,235 Crore | Rs 70,959 Crore | Rs 73,467 Crore |
Operating Profit | Rs 31,788 Crore | Rs 29,710 Crore | Rs 27,974 Crore | Rs 23,297 Crore | Rs 20,192 Crore |
Provisions & Contigencies | Rs 8,763 Crore | Rs 9,710 Crore | Rs 13,547 Crore | Rs 14,152 Crore | Rs 17,490 Crore |
PBT | Rs 23,025 Crore | Rs 19,999 Crore | Rs 14,426 Crore | Rs 9,145 Crore | Rs 2,701 Crore |
Tax | Rs 5,689 Crore | Rs 5,217 Crore | Rs 3,618 Crore | Rs 3,349 Crore | Rs 0 Crore |
Net Profit | Rs 17,336 Crore | Rs 14,782 Crore | Rs 10,808 Crore | Rs 5,795 Crore | Rs 2,702 Crore |
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Gross NPA | Rs 31,530 Crore | Rs 40,605 Crore | Rs 46,160 Crore | Rs 55,652 Crore | Rs 60,288 Crore |
Gross NPA (%) | 2.94% | 4.23% | 5.35% | 8.00% | 9.00% |
Net NPA | Rs 7,353 Crore | Rs 11,823 Crore | Rs 14,349 Crore | Rs 18,668 Crore | Rs 24,442 Crore |
Net NPA (%) | 0.70% | 1.27% | 1.73% | 2.65% | 3.82% |
Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | |
---|---|---|---|---|---|
Interest Earned | Rs 31,495 Crore | Rs 30,750 Crore | Rs 30,181 Crore | Rs 29,172 Crore | Rs 29,286 Crore |
Other Income | Rs 8,760 Crore | Rs 6,679 Crore | Rs 7,824 Crore | Rs 7,792 Crore | Rs 8,098 Crore |
Total Income | Rs 40,256 Crore | Rs 37,429 Crore | Rs 38,006 Crore | Rs 36,965 Crore | Rs 37,384 Crore |
Total Expenditure | Rs 31,849 Crore | Rs 29,516 Crore | Rs 30,241 Crore | Rs 29,261 Crore | Rs 29,940 Crore |
Operating Profit (incl. Excep Items) | Rs 8,406 Crore | Rs 7,913 Crore | Rs 7,764 Crore | Rs 7,704 Crore | Rs 7,443 Crore |
Provisions & Contigencies | Rs 1,830 Crore | Rs 2,398 Crore | Rs 2,252 Crore | Rs 2,282 Crore | Rs 2,483 Crore |
PBT | Rs 6,575 Crore | Rs 5,514 Crore | Rs 5,512 Crore | Rs 5,422 Crore | Rs 4,960 Crore |
Tax | Rs 1,478 Crore | Rs 1,353 Crore | Rs 1,412 Crore | Rs 1,444 Crore | Rs 1,166 Crore |
Net Profit | Rs 5,097 Crore | Rs 4,161 Crore | Rs 4,100 Crore | Rs 3,977 Crore | Rs 3,793 Crore |
Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | |
---|---|---|---|---|---|
Gross NPA | Rs 31,548 Crore | Rs 35,084 Crore | Rs 37,785 Crore | Rs 40,408 Crore | Rs 40,657 Crore |
Gross NPA (%) | 2.94% | 3.34% | 3.73% | 4.14% | 4.23% |
Net NPA | Rs 7,356 Crore | Rs 9,087 Crore | Rs 9,785 Crore | Rs 11,709 Crore | Rs 11,831 Crore |
Net NPA (%) | 0.70% | 0.89% | 0.99% | 1.24% | 1.27% |
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Operating Activities | Rs 60,668 Crore | Rs 15,046 Crore | Rs -39,977 Crore | Rs 918 Crore | Rs 59,117 Crore |
Investing Activities | Rs -2,461 Crore | Rs -1,748 Crore | Rs -1,237 Crore | Rs -1,255 Crore | Rs -1,029 Crore |
Financing Activities | Rs -3,505 Crore | Rs -3,834 Crore | Rs 445 Crore | Rs 4,035 Crore | Rs 290 Crore |
Others | Rs 24 Crore | Rs -2 Crore | Rs 81 Crore | Rs -173 Crore | Rs -87 Crore |
Net Cash Flow | Rs 54,725 Crore | Rs 9,461 Crore | Rs -40,688 Crore | Rs 3,525 Crore | Rs 58,291 Crore |
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Share Capital | Rs 1,814 Crore | Rs 1,814 Crore | Rs 1,814 Crore | Rs 1,814 Crore | Rs 1,646 Crore |
Reserves & Surplus | Rs 103,602 Crore | Rs 90,319 Crore | Rs 76,239 Crore | Rs 68,147 Crore | Rs 60,762 Crore |
Deposits | Rs 1,456,495 Crore | Rs 1,312,242 Crore | Rs 1,179,086 Crore | Rs 1,086,340 Crore | Rs 1,010,985 Crore |
Borrowings | Rs 89,665 Crore | Rs 57,537 Crore | Rs 58,073 Crore | Rs 46,284 Crore | Rs 50,012 Crore |
Liabilities & Provisions | Rs 77,924 Crore | Rs 72,103 Crore | Rs 64,912 Crore | Rs 54,251 Crore | Rs 55,338 Crore |
Total Liabilities | Rs 1,730,691 Crore | Rs 1,535,017 Crore | Rs 1,381,029 Crore | Rs 1,257,663 Crore | Rs 1,179,539 Crore |
Fixed Assets | Rs 10,301 Crore | Rs 12,330 Crore | Rs 10,333 Crore | Rs 11,449 Crore | Rs 11,271 Crore |
Loans & Advances | Rs 1,049,332 Crore | Rs 931,786 Crore | Rs 830,929 Crore | Rs 703,864 Crore | Rs 639,286 Crore |
Investments | Rs 426,188 Crore | Rs 399,207 Crore | Rs 352,892 Crore | Rs 311,347 Crore | Rs 286,191 Crore |
Other Assets | Rs 244,869 Crore | Rs 191,693 Crore | Rs 186,873 Crore | Rs 231,002 Crore | Rs 242,790 Crore |
Total Assets | Rs 1,730,691 Crore | Rs 1,535,017 Crore | Rs 1,381,029 Crore | Rs 1,257,663 Crore | Rs 1,179,539 Crore |
Capital Adequacy Ratios (%) | 16.33% | 16.28% | 16.68% | 14.90% | 13.18% |
Gross NPA (%) | 2.94% | 4.23% | 5.35% | 8.00% | 9.00% |
Net NPA (%) | 0.70% | 1.27% | 1.73% | 2.65% | 3.82% |
Contingent Liabilities | Rs 380,348 Crore | Rs 198,873 Crore | Rs 289,566 Crore | Rs 375,380 Crore | Rs 507,289 Crore |
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Basic EPS (Rs.) | Rs 19.34 | Rs 84.22 | Rs 62.04 | Rs 35.04 | Rs 19.11 |
Diluted Eps (Rs.) | Rs 19.34 | Rs 84.22 | Rs 62.04 | Rs 35.04 | Rs 19.11 |
Book Value [Excl. Reval Reserve]/Share (Rs.) | Rs 545.53 | Rs 457.60 | Rs 388.97 | Rs 338.76 | Rs 328.68 |
Dividend/Share (Rs.) | Rs 20.00 | Rs 16.10 | Rs 12.00 | Rs 6.50 | Rs 0.00 |
Face Value | Rs 10 | Rs 10 | Rs 10 | Rs 10 | Rs 10 |
Net Interest Margin (%) | 2.24% | 2.50% | 2.38% | 2.19% | 2.12% |
Operating Profit Margin (%) | 24.77% | 22.04% | 18.56% | 11.31% | 5.57% |
Net Profit Margin (%) | 14.25% | 13.37% | 12.58% | 8.20% | 3.84% |
Return on Networth / Equity (%) | 17.72% | 18.40% | 15.94% | 9.96% | 5.34% |
ROCE (%) | 1.92% | 2.03% | 2.12% | 1.93% | 1.79% |
Return On Assets (%) | 1.01% | 0.99% | 0.81% | 0.48% | 0.24% |
P/E (x) | 4.60 | 1.38 | 0.92 | 1.30 | 1.59 |
P/B (x) | 0.16 | 1.27 | 0.73 | 0.67 | 0.46 |
CASA (%) | 28.46% | 29.90% | 31.07% | 33.92% | 32.72% |
Capital Adequacy Ratios (%) | 16.33% | 16.28% | 16.68% | 14.90% | 13.18% |
Canara Bank announced an analyst/investor meet on July 15, 2025, regarding the Unaudited (Reviewed) Financial Results (Standalone and Consolidated) for the first quarter and three months ended June 30, 2025.
The Board of Directors of Canara Bank is scheduled to meet on July 24, 2025, to consider and approve the Unaudited (Reviewed) Standalone & Consolidated Financial Results for the first quarter/ three months ended June 30, 2025.
The Marginal Cost of Funds Based Lending Rate (MCLR) was revised effective July 12, 2025.
Canara Bank announced a final dividend of Rs 4.00 per share (200%) with an effective date of June 13, 2025.
Canara Bank had a stock split, with an ex-split date of May 15, 2024. The old face value was Rs 10, and the new face value is Rs 2.
Moneycontrol's sentiment analysis, as of July 21, 2025, indicates a bullish outlook on the stock.
With the stock currently trading at Rs 110.87, Canara Bank has shown a positive movement in today's session.
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