Phillip Capital Research

Research Report

Peer Groups

India

AU Small Finance Bank

Bandhan Bank Ltd

Bank Central Asia

Cholamandalam Finance

Corporation Bank

Dalmia Bharat Ltd

Dewan Housing Finance

Equitas Holdings Ltd

HDFC Life Insurance

ICICI PRU Life Insurance

Indiabulls Housing Finance

Indian Railway Finance Corp

Indostar Capital Finance

Kotak Mahindra Bank

LIC Housing Finance

M&M Financial Services

Mahindra & Mahindra

Mahindra Finance

Manappuram Finance

Mangalam Cement

Max Financial Services

Muthoot Finance

Nippon Life Asset Management

Power Finance Corporation

Punjab National Bank

Reliance Nippon Life AMC

Repco Home Finance

Rural Electrification Corporation

SBI Life Insurance

Shriram City Union Finance

Shriram Finance

Shriram Transport

SKS Microfinance

South Indian Bank

State Bank of India

Union Bank of India

Home >> Country >> India >> Company

Company Name : Canara Bank

Y/E Mar, Rs mn	FY11	FY12	FY13	FY14E	FY15E
Price					384
Target					380
Reco					NEU
Net Interest Income	76,993	76,893	78,790	89,444	108,973
Growth (%)		-0	2	14	22
Pre-provision Profit	60,915	59,432	58,900	67,962	78,963
Net Interest Margin	3	2	2	2	2
Net Profit	40,259	32,827	28,721	24,382	35,541
Growth (%)		-18	-13	-15	46
EPS, Rs	91	74	65	53	77
ABVPS, Rs	367.9	413.6	398.9	361.8	398.2
PER, x	4.2	5.2	5.9	7.3	5.0
P/BV, x	0.8	0.7	0.7	0.6	0.5
ROA, %	1.4	1.0	0.8	0.6	0.7
ROE, %	26.4	17.0	13.2	10.4	14.0

Latest Reports
Date	Description	Country	Analyst	Download

08-Nov-2019	Canara Bank (CBK IN) : Non-core income lifts profit (Sell)	India	Manish Agarwalla
29-Jan-2019	Canara Bank (CBK IN) : Higher credit costs will continue to hit profitability	India	Manish Agarwalla
25-Jan-2018	Canara Bank Q3FY18 - Credit cost to remain elevated Q3FY18	India	Manish Agarwalla
30-Oct-2017	Canara Bank Q2FY18 - High provision requirement to keep earnings at bay	India	Manish Agarwalla
20-Jul-2017	Canara Bank Q1FY18 - NPA Shock continues	India	Manish Agarwalla
09-May-2017	Canara Bank Q4FY17 - Asset quality pain continues – Maintain Neutral	India	Manish Agarwalla
23-Jan-2017	Canara Bank Q3FY17 - Core earnings remain weak – Maintain Neutral	India	Manish Agarwalla
30-May-2016	Canara Bank Q4FY16 - Operating performance risk remains – Maintain Neutral	India	Manish Agarwalla
04-Nov-2015	Canara Bank Q2FY16 - Asset quality concern persists– Maintain Neutral	India	Manish Agarwalla
06-Aug-2015	Canara Bank Quarterly Update: - Slippages continue to run high	India	Manish Agarwalla
25-May-2015	Canara Bank Quarterly Update: Operating performance weak; Asset quality deteriorates	India	Manish Agarwalla
07-Nov-2014	Canara Bank- Q2FY15 result update - No respite in depleting asset quality	India	Manish Agarwalla
21-Jul-2014	Canara Bank - Q1FY15 Result update: Weakening Capital Base	India	Manish Agarwalla
06-May-2014	Canara Bank - Asset quality surprise a window dressing - Q4FY14 Result	India	Manish Agarwalla
03-Feb-2014	Canara Bank Q3FY14 - Fast depleting core equity	India	Manish Agarwalla
12-Nov-2013	Canara Bank Q2FY14 -Growth picks up, but asset quality risk remains...	India	Manish Agarwalla

Copyright © 2013. Brought to you by PhillipCapital (India) Pvt. Ltd. Designed and developed by C-MOTS Infotech (ISO 9001:2015 certified)