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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 7.4 - View Chart
P/BV x 0.4 1.4 27.2% View Chart
Dividend Yield % 0.0 2.1 -  

Financials

 ALLAHABAD BANK   CANARA BANK
EQUITY SHARE DATA
    ALLAHABAD BANK
Mar-19
CANARA BANK
Mar-23
ALLAHABAD BANK/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs59342 17.2%   
Low Rs33172 19.4%   
Income per share (Unadj.) Rs80.7473.4 17.0%  
Earnings per share (Unadj.) Rs-40.362.0 -65.0%  
Cash flow per share (Unadj.) Rs-70.6154.1 -45.8%  
Dividends per share (Unadj.) Rs012.00 0.0%  
Avg Dividend yield %04.7 0.0%  
Book value per share (Unadj.) Rs44.8430.3 10.4%  
Shares outstanding (eoy) m2,096.841,814.13 115.6%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x0.60.5 105.2%   
Avg P/E ratio x-1.14.1 -27.6%  
Avg P/CF ratio x3.61.6 221.0%  
Avg Price/Bookvalue ratio x1.00.6 172.2%  
Dividend payout %019.3 -0.0%   
Avg Mkt Cap Rs m96,507465,597 20.7%   
No. of employees `000NANA-   
Total wages & salary Rs m25,512142,927 17.8%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m169,158858,847 19.7%  
Other income Rs m20,537253,250 8.1%   
Interest expense Rs m113,543529,901 21.4%   
Net interest income Rs m55,615328,947 16.9%  
Operating expense Rs m47,862302,454 15.8%   
Gross profit Rs m7,75326,492 29.3%  
Gross profit margin %4.63.1 148.6%  
Provisions/contingencies Rs m111,233171,665 64.8%   
Profit before tax Rs m-82,943144,267 -57.5%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m0-898 -0.0%   
Prior Period Items Rs m-1,6315,368 -30.4%   
Tax Rs m036,189 0.0%   
Profit after tax Rs m-84,574112,547 -75.1%  
Net profit margin %-50.013.1 -381.5%  
BALANCE SHEET DATA
Advances Rs m1,422,1228,309,292 17.1%   
Deposits Rs m2,143,30111,790,865 18.2%  
Credit/Deposit ratio x66.470.5 94.2%  
Yield on advances %7.97.4 106.5%   
Cost of deposits %5.04.1 120.2%   
Net Interest Margin %2.52.8 90.0%  
Net fixed assets Rs m35,516103,334 34.4%   
Share capital Rs m20,96818,141 115.6%   
Free reserves Rs m72,989762,396 9.6%   
Net worth Rs m93,957780,538 12.0%   
Borrowings Rs m124,957580,732 21.5%   
Investments Rs m802,3773,528,927 22.7%   
Total assets Rs m2,495,76713,810,296 18.1%  
Debt/equity ratio x24.115.9 152.3%   
Return on assets %-3.40.8 -415.8%  
Return on equity %-90.014.4 -624.3%  
Capital adequacy ratio %12.516.7 75.0%  
Net NPAs %5.21.7 301.7%  
CASH FLOW
From Operations Rs m-158,251-399,779 39.6%  
From Investments Rs m-1,179-12,378 9.5%  
From Financial Activity Rs m87,7394,454 1,970.1%  
Net Cashflow Rs m-71,691-406,886 17.6%  

Share Holding

Indian Promoters % 93.4 62.9 148.5%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 3.3 25.5 13.1%  
FIIs % 0.6 11.2 5.4%  
ADR/GDR % 0.0 0.0 -  
Free float % 6.6 37.1 17.7%  
Shareholders   234,964 644,770 36.4%  
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    PNB    


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% 3.05% 0.82%
1-Month -46.03% 5.59% 2.48%
1-Year -86.41% 111.04% 19.28%
3-Year CAGR -52.64% 58.17% 12.00%
5-Year CAGR -40.82% 14.51% 9.40%

* 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 12.0, and its dividend payout ratio stood at 19.3%.

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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