Canara Bank

CANBK
133.15trending_down-0.41%May 26, 2026

Price History

Loading...

Recent Discussions

NB
Nikhil Bansal3d ago

Canara Bank's current rating by MarketsMojo is 'Hold', based on a recent review considering the latest financials, valuation, and technical aspects, as of May 22, 2026.

KS
Kunal Saxena7d ago

The NiftyBank index has dropped significantly today due to a 3% decline in shares of major players like PNB, Canara Bank, and SBI. This suggests ongoing worries about the banking sector's overall performance and potential market direction.

JM
Jagdish Malhotra11d ago

The National Company Law Tribunal (NCLT) has accepted insolvency proceedings against Supreme Housing & Hospitality due to unpaid debts totaling approximately 5.67 billion rupees. This decision comes after previous attempts at out-of-court settlements and lengthy legal battles with the Mumbai company proved unsuccessful.

VB
Vipul Bose11d ago

Canara Bank is set to extend loans worth ₹18,000-20,000 crore under the ECLGS 5.0 program, starting this week, as announced by the bank's acting MD, Hardeep S. Ahluwalia.

SS
Sachin Shukla13d ago

Canara Bank's Q4 earnings dropped by 10% primarily due to treasury losses, highlighting the bank's shift in focus towards safeguarding its Net Interest Margins. The CEO emphasizes a strategic emphasis on core income streams for future improvements.

DM
Dinesh Mehta13d ago

Canara Bank shows a steady asset quality with a low slippage ratio of 0.69%, one of the lowest in the sector. The bank's gold loan portfolio has increased by approximately 34-35% year-on-year to reach INR 2.45 lakh crore, while there's been an increase in MSME loan slippages.

RS
Raman Srivastava13d ago

Experts advise investing in Canara Bank and Vedanta when prices drop, while maintaining current holdings in HFCL and L&T, with partial profits taken from L&T. ABB India is a recommended long-term buy, while short-term tips suggest selling SBI and Chennai Petroleum, and holding onto Polycab and Sandur Manganese.

VS
Vinay Sharma13d ago

Canara Bank reports a rise in deposits during market volatility, shifting focus towards affordable customer loans and profitable retail lending. [The Hindu BusinessLine]

SK
Sourav Kulkarni13d ago

Canara Bank's share price dropped by 1% to Rs 128.7 following the release of Q4 FY26 results. Despite the dip, brokerages such as PL Capital and Equirus have shown confidence, setting new targets at Rs 150 and Rs 155 respectively, indicating a positive outlook for the bank's future performance.

WT
Wasim Trivedi13d ago

Canara Bank has increased its Marginal Cost of Funds-Based Lending Rate (MCLR) by 5 basis points, potentially leading to higher monthly installments for home and auto loans effective May 12, 2026. The bank's shares have risen by 0.6% to ₹130.25 on the National Stock Exchange.

PM
Paresh Menon13d ago

Canara Bank's valuation has shifted from "very attractive" to "attractive," potentially due to a change in market sentiment. The bank's P/E and P/BV ratios now seem appealing to investors, resulting in a modest 0.54% increase in the stock price.

VR
Varun Reddy13d ago

Canara Bank's ability to accommodate a Rs 10,000 crore Extraordinary Credit Loss (ECL) provision indicates their strong financial resilience and capacity to handle potential financial challenges.

KP
Krishna Pillai14d ago

Canara Bank, despite a weak Q4 performance, receives positive brokerage outlooks. However, Morgan Stanley remains cautious and labels the bank as 'Underweight'. Further target details can be found in the linked reports.

SK
Sourav Kulkarni14d ago

Canara Bank aims for a credit growth of 11-12% in the coming fiscal year and anticipates surpassing this target, as they exceeded their previous 10-11% goal last year with a significant 15.3% expansion.

SS
Sachin Shukla14d ago

Brokerages show optimism towards PB Fintech, Titan, and Indian Hotels due to potential growth and market conditions. However, the outlook for Godrej Consumer and Canara Bank is more uncertain, reflecting industry-specific challenges.

NI
Naresh Iyer14d ago

Motilal Oswal lowers Canara Bank's target price to Rs 160 due to reduced Net Interest Margin (NIM) projections. The bank continues to exhibit strong loan growth, stable asset quality, and a strategic emphasis on retail deposits for cost efficiency.

VN
Vijay Naidu14d ago

Canara Bank intends to boost its return on assets (ROA) above 1%, achieved through reduced special mention accounts (SMAs), aiming for stable credit costs. The projected passive savings and loans capital (PSLC) income stands at INR 3,000 crore, mirroring the current year's performance.

IP
Ishan Pandey14d ago

Investment firm Elara Capital has raised its rating for Canara Bank to 'Accumulate', predicting a share price of up to ₹140, signaling potential growth opportunities in the bank's stock.

PG
Pranav Ghosh14d ago

Canara Bank experienced a significant surge in trading on May 11, 2026, with over 4.38 million shares exchanged. However, the stock saw a 2.7% intraday decline, lagging behind its sector and the Sensex despite the increased activity.

PG
Pranav Ghosh14d ago

Canara Bank has temporarily relocated its Dubai staff to India in response to the ongoing West Asia crisis, with plans to reassess and possibly return them to their DIFC location once the situation stabilizes.

DR
Deepak Rao14d ago

Morgan Stanley remains cautious about Canara Bank, setting a target price of ₹103, despite strong PAT due to lower provisions and increased non-core income. However, potential issues include high gross slippages of ₹28bn, minimal net interest margin gain, slower deposit growth, and an estimated ₹100bn exposure to potential loan losses over four years.

AN
Ashish Nair14d ago

Canara Bank anticipates steady operational profits following the reversal of mark-to-market losses, but its net profit, earnings per share, and return on equity are expected to remain conservative as they adjust for last year's one-time gains.

GI
Gaurav Iyer14d ago

Canara Bank aims for a Net Interest Margin (NIM) of 2.5-2.6%, bolstered by robust credit expansion, with strategic lending pricing and smart handling of bulk deposits contributing to this target.

PG
Priya Gupta15d ago

Canara Bank has seen a decrease in its quarterly non-performing asset (NPA) provisions, dropping from ₹16.5B to ₹13.1B compared to the previous quarter. This decline suggests a relief on credit costs for the bank.

AP
Aryan Patel15d ago

Canara Bank's Q4 net profit came in at ₹45 billion, falling short of the year-on-year target of ₹50 billion despite matching estimates. This suggests a weaker performance compared to last year.

ZA
Zaid Awasthi15d ago

Canara Bank's Q4 earnings have increased by 10%, meeting the predictions of financial analysts. Notably, the bank has decided to offer a substantial 210% dividend to its shareholders.

VV
Vivek Verma15d ago

Canara Bank plans to distribute a dividend of ₹4.20 per share to its shareholders, indicating their commitment to returning profits.

KM
Kartik Mishra15d ago

Canara Bank experiences a 9.9% year-on-year decline in profits for Q4 FY26, but announces a dividend of Rs 4.2 for shareholders.

JM
Jagdish Malhotra15d ago

Companies like PVR Inox, Canara Bank, Indian Hotels, and UPL are releasing their Q4 results today, offering valuable insights into their financial performance. A total of over 60 firms will be announcing earnings this week.

HS
Hardik Shah15d ago

Canara Bank recently announced its Q4 earnings, focusing on significant performance indicators. This update offers insights into the bank's financial status during the quarter.

DM
Dinesh Mehta15d ago

Canara Bank has announced their financial results for the fiscal year ending March 31, 2026, which have been approved by the board. Shareholders can expect a dividend of Rs. 4.2 per share. The audit report was unmodified, and the bank complied with regulatory requirements regarding related party transactions and Non-Performing Asset ratios.

SK
Sourav Kulkarni15d ago

Canara Bank experiences a 10% decrease in Q4 profits; anticipation builds for the upcoming results of JSW Energy and UPL, joined by 70 other companies reporting Q4FY26 earnings.

HT
Harsh Tiwari15d ago

UPL surges on robust earnings, meeting fiscal 2026 projections and boosting Q1 2027 expectations. Canara Bank struggles amid increased slippages, despite meeting forecasts, reflecting ongoing challenges.

SR
Siddharth Rajan15d ago

Focusing on key companies: Canara Bank, JSW Energy, PVR Inox, NHPC, and Bank of Baroda, today's earnings highlights provide a glimpse into their latest financial standings and stock performances. Investors may want to keep a close eye on these entities as they share significant updates about their earnings and strategic initiatives.

ST
Sanjay Trivedi16d ago

This week, geopolitical tensions and oil prices are expected to cause market fluctuations due to their potential impact on investor sentiment. Notably, Canara Bank, Tata Power, Bharti Airtel, and other companies will announce Q4 earnings, with foreign institutional investment flows continuing to hold significance.

KP
Krishna Pillai17d ago

Canara Bank has demonstrated impressive growth, with earnings per share increasing by 27% annually over the past three years, indicating robust profitability. Additionally, a substantial ₹19 billion insider stake and a modest CEO compensation of ₹5.2 million suggest alignment between management and shareholder interests.

DM
Dinesh Mehta17d ago

Canara Bank and the Indian Hotels Company will unveil their second-quarter results today. Investors should closely watch Canara Bank's loan portfolio quality, profitability margins, while assessing Indian Hotel's overall performance to gauge their financial health.

ST
Sanjay Trivedi18d ago

Canara Bank's Q4 profit after tax for FY26 is projected to increase by 9% with a net interest income of approximately Rs 9,560 crores, marking a 4.5% year-on-year growth. The bank's asset quality is improving as the GNPA and NNPA are expected to be at 2.3% and 0.5% respectively. Additionally, the net interest margin (NIM) also looks set for growth.

AP
Aryan Patel19d ago

NDTV Profit's experts suggest offloading HCL Tech, Titan, and Vodafone Idea for a long-term investment strategy, while advocating for Uno Minda as a potential long-term buy. They also recommend maintaining current holdings in Oracle Financial and Canara Bank, given mixed views that reflect the diverse market challenges and opportunities present.

TM
Tarun Mathur19d ago

Ashok Leyland is suggested as a buy at around Rs 170-180, with potential targets reaching Rs 200-260. A stop loss of Rs 150 is advised. Additionally, Delhivery, Godfrey Phillips, RK Forgings, and Canara Bank are also recommended for diverse sectoral gains.