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BANK OF MAHARASHTRA vs CANARA BANK - Comparison Results

Rs 100 invested in...

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Current Valuations

    BANK OF MAHARASHTRA CANARA BANK BANK OF MAHARASHTRA/
CANARA BANK
 
P/E (TTM) x 12.0 7.4 161.8% View Chart
P/BV x 2.8 1.4 206.8% View Chart
Dividend Yield % 2.1 2.1 101.1%  

Financials

 BANK OF MAHARASHTRA   CANARA BANK
EQUITY SHARE DATA
    BANK OF MAHARASHTRA
Mar-23
CANARA BANK
Mar-23
BANK OF MAHARASHTRA/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs36342 10.6%   
Low Rs15172 8.7%   
Income per share (Unadj.) Rs23.6473.4 5.0%  
Earnings per share (Unadj.) Rs3.962.0 6.2%  
Cash flow per share (Unadj.) Rs5.8154.1 3.7%  
Dividends per share (Unadj.) Rs1.3012.00 10.8%  
Avg Dividend yield %5.14.7 108.5%  
Book value per share (Unadj.) Rs23.5430.3 5.5%  
Shares outstanding (eoy) m6,730.501,814.13 371.0%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x1.10.5 200.1%   
Avg P/E ratio x6.64.1 160.0%  
Avg P/CF ratio x2.81.6 172.5%  
Avg Price/Bookvalue ratio x1.10.6 183.1%  
Dividend payout %33.619.3 173.6%   
Avg Mkt Cap Rs m172,469465,597 37.0%   
No. of employees `000NANA-   
Total wages & salary Rs m20,581142,927 14.4%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m158,986858,847 18.5%  
Other income Rs m22,809253,250 9.0%   
Interest expense Rs m81,568529,901 15.4%   
Net interest income Rs m77,418328,947 23.5%  
Operating expense Rs m39,225302,454 13.0%   
Gross profit Rs m38,19326,492 144.2%  
Gross profit margin %24.03.1 778.8%  
Provisions/contingencies Rs m34,975171,665 20.4%   
Profit before tax Rs m34,456144,267 23.9%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m0-898 -0.0%   
Prior Period Items Rs m225,368 0.4%   
Tax Rs m8,42936,189 23.3%   
Profit after tax Rs m26,050112,547 23.1%  
Net profit margin %16.413.1 125.0%  
BALANCE SHEET DATA
Advances Rs m1,712,2078,309,292 20.6%   
Deposits Rs m2,340,64111,790,865 19.9%  
Credit/Deposit ratio x73.270.5 103.8%  
Yield on advances %6.77.4 90.8%   
Cost of deposits %3.14.1 74.2%   
Net Interest Margin %3.22.8 116.0%  
Net fixed assets Rs m21,492103,334 20.8%   
Share capital Rs m67,30518,141 371.0%   
Free reserves Rs m90,597762,396 11.9%   
Net worth Rs m157,902780,538 20.2%   
Borrowings Rs m107,657580,732 18.5%   
Investments Rs m690,4203,528,927 19.6%   
Total assets Rs m2,678,27213,810,296 19.4%  
Debt/equity ratio x15.515.9 97.8%   
Return on assets %1.00.8 119.3%  
Return on equity %16.514.4 114.4%  
Capital adequacy ratio %18.116.7 108.8%  
Net NPAs %0.31.7 14.5%  
CASH FLOW
From Operations Rs m-14,399-399,779 3.6%  
From Investments Rs m-1,751-12,378 14.1%  
From Financial Activity Rs m2,2794,454 51.2%  
Net Cashflow Rs m-13,871-406,886 3.4%  

Share Holding

Indian Promoters % 86.5 62.9 137.4%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 5.2 25.5 20.2%  
FIIs % 0.5 11.2 4.0%  
ADR/GDR % 0.0 0.0 -  
Free float % 13.5 37.1 36.5%  
Shareholders   677,087 644,770 105.0%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare BANK OF MAHARASHTRA With:   HDFC BANK    AXIS BANK    SBI    ICICI BANK    PNB    


More on Bank of Maharashtra 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:

Bank of Maharashtra vs Canara Bank Share Price Performance

Period Bank of Maharashtra Canara Bank S&P BSE BANKEX
1-Day 5.24% 3.05% 0.82%
1-Month 7.43% 5.59% 2.48%
1-Year 169.65% 111.04% 19.28%
3-Year CAGR 44.61% 58.17% 12.00%
5-Year CAGR 35.55% 14.51% 9.40%

* Compound Annual Growth Rate

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

Moving on to shareholding structures...

The promoters of Bank of Maharashtra hold a 86.5% 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 Bank of Maharashtra and the shareholding pattern of Canara Bank.

Finally, a word on dividends...

In the most recent financial year, Bank of Maharashtra paid a dividend of Rs 1.3 per share. This amounted to a Dividend Payout ratio of 33.6%.

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 Bank of Maharashtra, and the dividend history of Canara Bank.

For a sector overview, read our banking sector report.



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