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J&K BANK vs CANARA BANK - Comparison Results

Rs 100 invested in...

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Current Valuations

    J&K BANK CANARA BANK J&K BANK/
CANARA BANK
 
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%  

Financials

 J&K BANK   CANARA BANK
EQUITY SHARE DATA
    J&K BANK
Mar-24
CANARA BANK
Mar-24
J&K BANK/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs152121 125.8%   
Low Rs4856 86.0%   
Income per share (Unadj.) Rs101.8609.2 16.7%  
Earnings per share (Unadj.) Rs16.184.2 19.1%  
Cash flow per share (Unadj.) Rs51.2236.5 21.7%  
Dividends per share (Unadj.) Rs2.153.22 66.8%  
Avg Dividend yield %2.13.6 59.0%  
Book value per share (Unadj.) Rs110.7507.9 21.8%  
Shares outstanding (eoy) m1,101.181,814.13 60.7%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x1.00.1 677.1%   
Avg P/E ratio x6.21.1 592.6%  
Avg P/CF ratio x4.80.5 909.5%  
Avg Price/Bookvalue ratio x0.90.2 519.1%  
Dividend payout %13.43.8 349.6%   
Avg Mkt Cap Rs m110,597160,986 68.7%   
No. of employees `000NANA-   
Total wages & salary Rs m25,790171,123 15.1%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m112,1321,105,188 10.1%  
Other income Rs m8,377286,462 2.9%   
Interest expense Rs m60,079721,176 8.3%   
Net interest income Rs m52,053384,012 13.6%  
Operating expense Rs m37,626373,369 10.1%   
Gross profit Rs m14,42710,643 135.6%  
Gross profit margin %12.91.0 1,336.1%  
Provisions/contingencies Rs m5,105149,281 3.4%   
Profit before tax Rs m23,881199,996 11.9%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m0-1,224 -0.0%   
Prior Period Items Rs m136,186 0.2%   
Tax Rs m6,18252,172 11.8%   
Profit after tax Rs m17,712152,786 11.6%  
Net profit margin %15.813.8 114.3%  
BALANCE SHEET DATA
Advances Rs m937,5669,317,866 10.1%   
Deposits Rs m1,347,63213,122,425 10.3%  
Credit/Deposit ratio x69.671.0 98.0%  
Yield on advances %9.28.4 109.4%   
Cost of deposits %4.25.1 83.5%   
Net Interest Margin %4.02.9 140.2%  
Net fixed assets Rs m22,083123,304 17.9%   
Share capital Rs m1,10118,141 6.1%   
Free reserves Rs m120,826903,191 13.4%   
Net worth Rs m121,927921,332 13.2%   
Borrowings Rs m28,850575,376 5.0%   
Investments Rs m349,0023,992,070 8.7%   
Total assets Rs m1,545,04615,350,176 10.1%  
Debt/equity ratio x11.314.9 75.9%   
Return on assets %1.11.0 115.2%  
Return on equity %14.516.6 87.6%  
Capital adequacy ratio %15.416.3 94.7%  
Net NPAs %0.81.3 62.2%  
CASH FLOW
From Operations Rs m-8,526150,465 -5.7%  
From Investments Rs m-2,573-17,480 14.7%  
From Financial Activity Rs m4,074-38,345 -10.6%  
Net Cashflow Rs m-7,02494,619 -7.4%  

Share Holding

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 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare J&K BANK With:   HDFC BANK    AXIS BANK    SBI    ICICI BANK    KOTAK MAHINDRA BANK    


More on J&K 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:

J&K Bank vs Canara Bank Share Price Performance

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.



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