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ALLAHABAD BANK vs CANARA BANK - Comparison Results

Rs 100 invested in...

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Current Valuations

    ALLAHABAD BANK CANARA BANK ALLAHABAD BANK/
CANARA BANK
 
P/E (TTM) x -0.4 5.9 - View Chart
P/BV x 0.4 1.0 36.9% View Chart
Dividend Yield % 0.0 3.2 -  

Financials

 ALLAHABAD BANK   CANARA BANK
EQUITY SHARE DATA
    ALLAHABAD BANK
Mar-19
CANARA BANK
Mar-24
ALLAHABAD BANK/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs59121 48.5%   
Low Rs3356 59.1%   
Income per share (Unadj.) Rs80.7609.2 13.2%  
Earnings per share (Unadj.) Rs-40.384.2 -47.9%  
Cash flow per share (Unadj.) Rs-70.6236.5 -29.8%  
Dividends per share (Unadj.) Rs03.22 0.0%  
Avg Dividend yield %03.6 0.0%  
Book value per share (Unadj.) Rs44.8507.9 8.8%  
Shares outstanding (eoy) m2,096.841,814.13 115.6%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x0.60.1 391.7%   
Avg P/E ratio x-1.11.1 -108.3%  
Avg P/CF ratio x3.60.5 679.2%  
Avg Price/Bookvalue ratio x1.00.2 587.8%  
Dividend payout %03.8 -0.0%   
Avg Mkt Cap Rs m96,507160,986 59.9%   
No. of employees `000NANA-   
Total wages & salary Rs m25,512171,123 14.9%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m169,1581,105,188 15.3%  
Other income Rs m20,537286,462 7.2%   
Interest expense Rs m113,543721,176 15.7%   
Net interest income Rs m55,615384,012 14.5%  
Operating expense Rs m47,862373,369 12.8%   
Gross profit Rs m7,75310,643 72.8%  
Gross profit margin %4.61.0 476.0%  
Provisions/contingencies Rs m111,233149,281 74.5%   
Profit before tax Rs m-82,943199,996 -41.5%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m0-1,224 -0.0%   
Prior Period Items Rs m-1,6316,186 -26.4%   
Tax Rs m052,172 0.0%   
Profit after tax Rs m-84,574152,786 -55.4%  
Net profit margin %-50.013.8 -361.7%  
BALANCE SHEET DATA
Advances Rs m1,422,1229,317,866 15.3%   
Deposits Rs m2,143,30113,122,425 16.3%  
Credit/Deposit ratio x66.471.0 93.4%  
Yield on advances %7.98.4 93.7%   
Cost of deposits %5.05.1 98.5%   
Net Interest Margin %2.52.9 86.7%  
Net fixed assets Rs m35,516123,304 28.8%   
Share capital Rs m20,96818,141 115.6%   
Free reserves Rs m72,989903,191 8.1%   
Net worth Rs m93,957921,332 10.2%   
Borrowings Rs m124,957575,376 21.7%   
Investments Rs m802,3773,992,070 20.1%   
Total assets Rs m2,495,76715,350,176 16.3%  
Debt/equity ratio x24.114.9 162.4%   
Return on assets %-3.41.0 -340.5%  
Return on equity %-90.016.6 -542.8%  
Capital adequacy ratio %12.516.3 76.8%  
Net NPAs %5.21.3 411.0%  
CASH FLOW
From Operations Rs m-158,251150,465 -105.2%  
From Investments Rs m-1,179-17,480 6.7%  
From Financial Activity Rs m87,739-38,345 -228.8%  
Net Cashflow Rs m-71,69194,619 -75.8%  

Share Holding

Indian Promoters % 93.4 62.9 148.5%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 3.3 22.9 14.5%  
FIIs % 0.6 11.2 5.3%  
ADR/GDR % 0.0 0.0 -  
Free float % 6.6 37.1 17.7%  
Shareholders   234,964 1,639,363 14.3%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare ALLAHABAD BANK With:   HDFC BANK    AXIS BANK    ICICI BANK    SBI    KOTAK MAHINDRA BANK    


More on Allahabad 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:

Allahabad Bank vs Canara Bank Share Price Performance

Period Allahabad Bank Canara Bank S&P BSE BANKEX
1-Day -1.04% 4.07% 2.06%
1-Month -46.03% 6.94% 2.64%
1-Year -86.41% 27.43% 20.22%
3-Year CAGR -52.64% 32.86% 11.76%
5-Year CAGR -40.82% 17.37% 10.75%

* Compound Annual Growth Rate

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

Moving on to shareholding structures...

The promoters of Allahabad Bank hold a 93.4% 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 Allahabad Bank and the shareholding pattern of Canara Bank.

Finally, a word on dividends...

In the most recent financial year, Allahabad 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 Allahabad Bank, and the dividend history of Canara Bank.

For a sector overview, read our banking sector report.



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