J&K BANK | CANARA BANK | J&K BANK/ CANARA BANK |
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P/E (TTM) | x | 5.1 | 5.6 | 91.1% | View Chart |
P/BV | x | 0.9 | 1.0 | 89.6% | View Chart |
Dividend Yield | % | 2.3 | 3.3 | 68.4% |
J&K BANK CANARA BANK |
EQUITY SHARE DATA | |||||
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J&K BANK Mar-24 |
CANARA BANK Mar-24 |
J&K BANK/ CANARA BANK |
5-Yr Chart Click to enlarge
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High | Rs | 152 | 121 | 125.8% | |
Low | Rs | 48 | 56 | 86.0% | |
Income per share (Unadj.) | Rs | 101.8 | 609.2 | 16.7% | |
Earnings per share (Unadj.) | Rs | 16.1 | 84.2 | 19.1% | |
Cash flow per share (Unadj.) | Rs | 51.2 | 236.5 | 21.7% | |
Dividends per share (Unadj.) | Rs | 2.15 | 3.22 | 66.8% | |
Avg Dividend yield | % | 2.1 | 3.6 | 59.0% | |
Book value per share (Unadj.) | Rs | 110.7 | 507.9 | 21.8% | |
Shares outstanding (eoy) | m | 1,101.18 | 1,814.13 | 60.7% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Avg Price / Income ratio | x | 1.0 | 0.1 | 677.1% | |
Avg P/E ratio | x | 6.2 | 1.1 | 592.6% | |
Avg P/CF ratio | x | 4.8 | 0.5 | 909.5% | |
Avg Price/Bookvalue ratio | x | 0.9 | 0.2 | 519.1% | |
Dividend payout | % | 13.4 | 3.8 | 349.6% | |
Avg Mkt Cap | Rs m | 110,597 | 160,986 | 68.7% | |
No. of employees | `000 | NA | NA | - | |
Total wages & salary | Rs m | 25,790 | 171,123 | 15.1% | |
Avg. income/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Interest income | Rs m | 112,132 | 1,105,188 | 10.1% | |
Other income | Rs m | 8,377 | 286,462 | 2.9% | |
Interest expense | Rs m | 60,079 | 721,176 | 8.3% | |
Net interest income | Rs m | 52,053 | 384,012 | 13.6% | |
Operating expense | Rs m | 37,626 | 373,369 | 10.1% | |
Gross profit | Rs m | 14,427 | 10,643 | 135.6% | |
Gross profit margin | % | 12.9 | 1.0 | 1,336.1% | |
Provisions/contingencies | Rs m | 5,105 | 149,281 | 3.4% | |
Profit before tax | Rs m | 23,881 | 199,996 | 11.9% | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Minority Interest | Rs m | 0 | -1,224 | -0.0% | |
Prior Period Items | Rs m | 13 | 6,186 | 0.2% | |
Tax | Rs m | 6,182 | 52,172 | 11.8% | |
Profit after tax | Rs m | 17,712 | 152,786 | 11.6% | |
Net profit margin | % | 15.8 | 13.8 | 114.3% |
BALANCE SHEET DATA | |||||
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Advances | Rs m | 937,566 | 9,317,866 | 10.1% | |
Deposits | Rs m | 1,347,632 | 13,122,425 | 10.3% | |
Credit/Deposit ratio | x | 69.6 | 71.0 | 98.0% | |
Yield on advances | % | 9.2 | 8.4 | 109.4% | |
Cost of deposits | % | 4.2 | 5.1 | 83.5% | |
Net Interest Margin | % | 4.0 | 2.9 | 140.2% | |
Net fixed assets | Rs m | 22,083 | 123,304 | 17.9% | |
Share capital | Rs m | 1,101 | 18,141 | 6.1% | |
Free reserves | Rs m | 120,826 | 903,191 | 13.4% | |
Net worth | Rs m | 121,927 | 921,332 | 13.2% | |
Borrowings | Rs m | 28,850 | 575,376 | 5.0% | |
Investments | Rs m | 349,002 | 3,992,070 | 8.7% | |
Total assets | Rs m | 1,545,046 | 15,350,176 | 10.1% | |
Debt/equity ratio | x | 11.3 | 14.9 | 75.9% | |
Return on assets | % | 1.1 | 1.0 | 115.2% | |
Return on equity | % | 14.5 | 16.6 | 87.6% | |
Capital adequacy ratio | % | 15.4 | 16.3 | 94.7% | |
Net NPAs | % | 0.8 | 1.3 | 62.2% |
CASH FLOW | |||||
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From Operations | Rs m | -8,526 | 150,465 | -5.7% | |
From Investments | Rs m | -2,573 | -17,480 | 14.7% | |
From Financial Activity | Rs m | 4,074 | -38,345 | -10.6% | |
Net Cashflow | Rs m | -7,024 | 94,619 | -7.4% |
Indian Promoters | % | 59.4 | 62.9 | 94.4% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 12.9 | 22.9 | 56.2% | |
FIIs | % | 6.5 | 11.2 | 57.6% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 40.6 | 37.1 | 109.5% | |
Shareholders | 278,050 | 1,639,363 | 17.0% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare J&K BANK With: HDFC BANK AXIS BANK SBI ICICI BANK KOTAK MAHINDRA BANK
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | J&K Bank | Canara Bank | S&P BSE BANKEX |
---|---|---|---|
1-Day | 0.26% | 2.59% | 1.61% |
1-Month | 3.84% | 0.10% | -0.07% |
1-Year | -14.22% | 22.85% | 18.92% |
3-Year CAGR | 34.47% | 31.74% | 11.26% |
5-Year CAGR | 23.81% | 16.98% | 10.62% |
* Compound Annual Growth Rate
Here are more details on the J&K Bank share price and the Canara Bank share price.
Moving on to shareholding structures...
The promoters of J&K Bank hold a 59.4% 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 J&K Bank and the shareholding pattern of Canara Bank.
Finally, a word on dividends...
In the most recent financial year, J&K Bank paid a dividend of Rs 2.2 per share. This amounted to a Dividend Payout ratio of 13.4%.
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 J&K Bank, and the dividend history of Canara Bank.
For a sector overview, read our banking sector report.
After opening the day higher, Indian benchmark indices remained positive as the session progressed and ended the day on firm footing.