Is Canara Bank a good investment? Canara Bank (CANBK.NS) is currently trading at 132.84 INR. Market analysts have a consensus price target of 151.60 INR. This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 6.07. This relatively low multiple may signal that Canara Bank is undervalued compared to historical market norms.
Earnings Schedule: Canara Bank is expected to release its next earnings report on July 27, 2026. The market consensus estimate for Forward EPS is 23.10.
For income investors, Canara Bank pays a dividend yield of 3.00%. With a payout ratio of 20%, the dividend appears sustainable.
Yes, it pays an annual dividend of 4.00 INR (3.00% yield).
Canara Bank is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
The next earnings date is projected to be July 27, 2026. The company currently has a trailing EPS of 21.72.
Canara Bank provides various banking products and services in India and internationally. The company offers deposits and accounts, such as savings accounts, current accounts, recurring deposits, and term deposits; unclaimed deposits; loan products, including home, vehicle, education, personal, mortgage, gold, MSME, agri, and solar loans; life, general, and health insurance products; corporate loans comprising working capital, infrastructure, and export finance products, as well as term loans; depository services, merchant banking, and online trading services; and mutual funds. The company also provides digital lending portal; mobile and internet banking; credit, debit, and prepaid cards; UPI and fastag; missed call banking; online account opening services; and payment solutions; NRI banking accounts; remittance facilities; attorneyship service; and nomination facility. In addition, it offers supply chain finance management; syndication services; IPO monitoring services; locker services; doorstep banking services; and consultancy services, which includes estate and wills, private and charitable religious trustee, debenture and security trusteeship, and attorney services. Further, the company offers government business products. Canara Bank was incorporated in 1906 and is headquartered in Bengaluru, India.
| Year | Total Dividends |
|---|---|
| ▸2026 |
4.20 INR
|
| July 23, 2026 | 4.2000 |
| ▸2025 |
4.00 INR
|
| July 26, 2025 | 4.0000 |
| ▸2024 |
3.22 INR
|
| July 28, 2024 | 3.2200 |
| ▸2023 |
12.00 INR
|
| July 28, 2023 | 12.0000 |
| ▸2022 |
6.50 INR
|
| July 23, 2022 | 6.5000 |
| ▸2017 |
1.00 INR
|
| Aug. 19, 2017 | 1.0000 |
| ▸2015 |
10.50 INR
|
| Aug. 13, 2015 | 10.5000 |
| ▸2014 |
11.00 INR
|
| Aug. 20, 2014 | 4.5000 |
| Jan. 31, 2014 | 6.5000 |
| ▸2013 |
13.00 INR
|
| Aug. 21, 2013 | 13.0000 |
| ▸2012 |
11.00 INR
|
| July 27, 2012 | 11.0000 |
| ▸2011 |
11.00 INR
|
| Aug. 17, 2011 | 11.0000 |
| ▸2010 |
10.00 INR
|
| Aug. 18, 2010 | 10.0000 |
| ▸2009 |
8.00 INR
|
| Aug. 1, 2009 | 8.0000 |
| ▸2008 |
8.00 INR
|
| July 1, 2008 | 8.0000 |
| ▸2007 |
7.00 INR
|
| Aug. 1, 2007 | 7.0000 |
| ▸2006 |
6.60 INR
|
| June 23, 2006 | 6.6000 |
| ▸2005 |
5.50 INR
|
| Aug. 4, 2005 | 3.0000 |
| March 1, 2005 | 2.5000 |
| ▸2004 |
5.00 INR
|
| July 22, 2004 | 2.5000 |
| Feb. 13, 2004 | 2.5000 |
| ▸2003 |
3.50 INR
|
| July 24, 2003 | 3.5000 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Canara Bank | Jul 23, 2026 | Upcoming | 4.2 INR |
| Split Date | Split Ratio to 1 |
|---|---|
| May 15, 2024 | 5.000000 |
| Feb. 17, 2017 | 1.030000 |
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