CA

Canara Bank LtdNSE CANBK Stock Report

Last reporting period 31 Mar, 2024

Updated 18 Sep, 2024

Last price

Market cap $B

2.497

Small

Exchange

XNSE - National Stock Exchange Of India

CANBK.NS Stock Analysis

CA

Uncovered

Canara Bank Ltd is uncovered by Eyestock quantitative analysis.

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

8.7 %

Undervalued

Market cap $B

2.497

Dividend yield

2.62 %

Shares outstanding

9 070.65 B

Canara Bank engages in the provision of commercial banking and financial services. The company is headquartered in Bangalore, Karnataka and currently employs 84,978 full-time employees. The company went IPO on 2002-12-23. The Bank's segments include Treasury Operations, Retail Banking Operations, Wholesale Banking Operations, Life Insurance Operations and Other Banking Operations. The Bank's diversified products and services include personal banking and corporate banking. Its personal banking includes depository services, mutual funds, ancillary services, technology products, retail loan products, micro, small and medium enterprise loan products and card services, among others. Its corporate banking includes accounts and deposits, supply chain finance management, syndication services and technology upgradation fund schemes, among others. The Bank also provides the depository services. The Bank provides unbanked rural people with basic savings deposit accounts, PMJDY Overdraft Facilities and credit facilities under products, such as differential rate of interest scheme, Kisan Credit Card Scheme and various other credit products.

View Section: Eyestock Rating