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CANARA BANK vs UNION BANK - Comparison Results

Rs 100 invested in...

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Current Valuations

    CANARA BANK UNION BANK CANARA BANK/
UNION BANK
 
P/E (TTM) x 7.4 8.3 90.0% View Chart
P/BV x 1.4 1.4 97.9% View Chart
Dividend Yield % 2.1 2.1 98.0%  

Financials

 CANARA BANK   UNION BANK
EQUITY SHARE DATA
    CANARA BANK
Mar-23
UNION BANK
Mar-23
CANARA BANK/
UNION BANK
5-Yr Chart
Click to enlarge
High Rs34296 354.4%   
Low Rs17234 511.8%   
Income per share (Unadj.) Rs473.4118.8 398.7%  
Earnings per share (Unadj.) Rs62.012.5 498.2%  
Cash flow per share (Unadj.) Rs154.127.2 566.6%  
Dividends per share (Unadj.) Rs12.003.00 400.0%  
Avg Dividend yield %4.74.6 101.3%  
Book value per share (Unadj.) Rs430.3115.3 373.2%  
Shares outstanding (eoy) m1,814.136,834.75 26.5%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x0.50.5 99.1%   
Avg P/E ratio x4.15.2 79.3%  
Avg P/CF ratio x1.61.7 94.6%  
Avg Price/Bookvalue ratio x0.60.6 105.9%  
Dividend payout %19.324.1 80.3%   
Avg Mkt Cap Rs m465,597444,088 104.8%   
No. of employees `000NANA-   
Total wages & salary Rs m142,927125,240 114.1%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m858,847811,632 105.8%  
Other income Rs m253,250159,154 159.1%   
Interest expense Rs m529,901480,328 110.3%   
Net interest income Rs m328,947331,303 99.3%  
Operating expense Rs m302,454234,873 128.8%   
Gross profit Rs m26,49296,430 27.5%  
Gross profit margin %3.111.9 26.0%  
Provisions/contingencies Rs m171,665171,280 100.2%   
Profit before tax Rs m144,267121,465 118.8%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m-8980-   
Prior Period Items Rs m5,368813 660.1%   
Tax Rs m36,18937,162 97.4%   
Profit after tax Rs m112,54785,117 132.2%  
Net profit margin %13.110.5 125.0%  
BALANCE SHEET DATA
Advances Rs m8,309,2927,642,767 108.7%   
Deposits Rs m11,790,86511,203,219 105.2%  
Credit/Deposit ratio x70.568.2 103.3%  
Yield on advances %7.47.4 99.3%   
Cost of deposits %4.14.0 104.5%   
Net Interest Margin %2.83.0 92.9%  
Net fixed assets Rs m103,33488,258 117.1%   
Share capital Rs m18,14169,388 26.1%   
Free reserves Rs m762,396718,648 106.1%   
Net worth Rs m780,538788,035 99.0%   
Borrowings Rs m580,732427,366 135.9%   
Investments Rs m3,528,9273,437,270 102.7%   
Total assets Rs m13,810,29612,883,571 107.2%  
Debt/equity ratio x15.914.8 107.4%   
Return on assets %0.80.7 123.4%  
Return on equity %14.410.8 133.5%  
Capital adequacy ratio %16.716.0 104.0%  
Net NPAs %1.71.7 101.8%  
CASH FLOW
From Operations Rs m-399,77961,114 -654.2%  
From Investments Rs m-12,378-25,611 48.3%  
From Financial Activity Rs m4,454-106,541 -4.2%  
Net Cashflow Rs m-406,886-71,038 572.8%  

Share Holding

Indian Promoters % 62.9 77.0 81.7%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 25.0 16.3 153.4%  
FIIs % 10.6 4.0 265.7%  
ADR/GDR % 0.0 0.0 -  
Free float % 37.1 23.0 161.1%  
Shareholders   759,083 874,309 86.8%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

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


More on Canara Bank vs Union Bank

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

Canara Bank vs Union Bank Share Price Performance

Period Canara Bank Union Bank S&P BSE BANKEX
1-Day -0.03% -0.14% -1.09%
1-Month 5.54% -6.72% 0.62%
1-Year 95.07% 94.64% 10.97%
3-Year CAGR 65.28% 63.53% 14.53%
5-Year CAGR 16.04% 9.53% 9.34%

* Compound Annual Growth Rate

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

Moving on to shareholding structures...

The promoters of Canara Bank hold a 62.9% stake in the company. In case of Union Bank the stake stands at 77.0%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of Canara Bank and the shareholding pattern of Union Bank.

Finally, a word on dividends...

In the most recent financial year, Canara Bank paid a dividend of Rs 12.0 per share. This amounted to a Dividend Payout ratio of 19.3%.

Union Bank paid Rs 3.0, and its dividend payout ratio stood at 24.1%.

You may visit here to review the dividend history of Canara Bank, and the dividend history of Union Bank.

For a sector overview, read our banking sector report.



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