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INDIAN OVERSEAS BANK vs CANARA BANK - Comparison Results

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Current Valuations

    INDIAN OVERSEAS BANK CANARA BANK INDIAN OVERSEAS BANK/
CANARA BANK
 
P/E (TTM) x 31.8 5.5 578.3% View Chart
P/BV x 3.4 0.9 367.0% View Chart
Dividend Yield % 0.0 3.4 -  

Financials

 INDIAN OVERSEAS BANK   CANARA BANK
EQUITY SHARE DATA
    INDIAN OVERSEAS BANK
Mar-24
CANARA BANK
Mar-24
INDIAN OVERSEAS BANK/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs84121 69.1%   
Low Rs2256 39.6%   
Income per share (Unadj.) Rs12.7609.2 2.1%  
Earnings per share (Unadj.) Rs1.484.2 1.7%  
Cash flow per share (Unadj.) Rs4.6236.5 2.0%  
Dividends per share (Unadj.) Rs03.22 0.0%  
Avg Dividend yield %03.6 0.0%  
Book value per share (Unadj.) Rs14.6507.9 2.9%  
Shares outstanding (eoy) m18,902.411,814.13 1,042.0%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x4.20.1 2,860.6%   
Avg P/E ratio x37.61.1 3,570.2%  
Avg P/CF ratio x14.80.5 2,777.6%  
Avg Price/Bookvalue ratio x3.60.2 2,082.2%  
Dividend payout %03.8 0.0%   
Avg Mkt Cap Rs m1,002,773160,986 622.9%   
No. of employees `000NANA-   
Total wages & salary Rs m61,433171,123 35.9%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m240,6571,105,188 21.8%  
Other income Rs m56,653286,462 19.8%   
Interest expense Rs m142,265721,176 19.7%   
Net interest income Rs m98,392384,012 25.6%  
Operating expense Rs m87,305373,369 23.4%   
Gross profit Rs m11,08610,643 104.2%  
Gross profit margin %4.61.0 478.4%  
Provisions/contingencies Rs m41,083149,281 27.5%   
Profit before tax Rs m41,568199,996 20.8%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m0-1,224 -0.0%   
Prior Period Items Rs m06,186 0.0%   
Tax Rs m14,91252,172 28.6%   
Profit after tax Rs m26,657152,786 17.4%  
Net profit margin %11.113.8 80.1%  
BALANCE SHEET DATA
Advances Rs m2,133,3019,317,866 22.9%   
Deposits Rs m2,861,21513,122,425 21.8%  
Credit/Deposit ratio x74.671.0 105.0%  
Yield on advances %8.28.4 98.2%   
Cost of deposits %4.45.1 87.3%   
Net Interest Margin %3.12.9 109.1%  
Net fixed assets Rs m37,257123,304 30.2%   
Share capital Rs m189,02418,141 1,042.0%   
Free reserves Rs m86,590903,191 9.6%   
Net worth Rs m275,614921,332 29.9%   
Borrowings Rs m303,872575,376 52.8%   
Investments Rs m991,9393,992,070 24.8%   
Total assets Rs m3,518,69315,350,176 22.9%  
Debt/equity ratio x11.514.9 77.2%   
Return on assets %0.81.0 76.1%  
Return on equity %9.716.6 58.3%  
Capital adequacy ratio %17.316.3 106.1%  
Net NPAs %0.61.3 44.9%  
CASH FLOW
From Operations Rs m-11,189150,465 -7.4%  
From Investments Rs m-3,593-17,480 20.6%  
From Financial Activity Rs m-5,277-38,345 13.8%  
Net Cashflow Rs m-20,05994,619 -21.2%  

Share Holding

Indian Promoters % 96.4 62.9 153.2%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 1.3 22.9 5.8%  
FIIs % 0.0 11.2 0.4%  
ADR/GDR % 0.0 0.0 -  
Free float % 3.6 37.1 9.8%  
Shareholders   977,592 1,639,363 59.6%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare INDIAN OVERSEAS BANK With:   HDFC BANK    AXIS BANK    SBI    ICICI BANK    KOTAK MAHINDRA BANK    


More on Indian Overseas Bank vs Canara Bank

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

Indian Overseas Bank vs Canara Bank Share Price Performance

Period Indian Overseas Bank Canara Bank S&P BSE BANKEX
1-Day -2.77% -3.32% -0.42%
1-Month -6.57% -8.12% -2.93%
1-Year 24.67% 18.99% 16.50%
3-Year CAGR 35.98% 30.62% 10.67%
5-Year CAGR 35.42% 16.33% 10.10%

* Compound Annual Growth Rate

Here are more details on the Indian Overseas Bank share price and the Canara Bank share price.

Moving on to shareholding structures...

The promoters of Indian Overseas Bank hold a 96.4% stake in the company. In case of Canara Bank the stake stands at 62.9%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of Indian Overseas Bank and the shareholding pattern of Canara Bank.

Finally, a word on dividends...

In the most recent financial year, Indian Overseas Bank paid a dividend of Rs 0.0 per share. This amounted to a Dividend Payout ratio of 0.0%.

Canara Bank paid Rs 3.2, and its dividend payout ratio stood at 3.8%.

You may visit here to review the dividend history of Indian Overseas Bank, and the dividend history of Canara Bank.

For a sector overview, read our banking sector report.



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On Thursday, Indian share markets traded lower throughout the trading session and ended on a weak note.