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INDIAN OVERSEAS BANK vs CANARA BANK - Comparison Results

Rs 100 invested in...

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Current Valuations

    INDIAN OVERSEAS BANK CANARA BANK INDIAN OVERSEAS BANK/
CANARA BANK
 
P/E (TTM) x 46.1 7.4 624.0% View Chart
P/BV x 4.7 1.3 345.7% View Chart
Dividend Yield % 0.0 2.1 -  

Financials

 INDIAN OVERSEAS BANK   CANARA BANK
EQUITY SHARE DATA
    INDIAN OVERSEAS BANK
Mar-23
CANARA BANK
Mar-23
INDIAN OVERSEAS BANK/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs37342 10.7%   
Low Rs15172 8.9%   
Income per share (Unadj.) Rs10.3473.4 2.2%  
Earnings per share (Unadj.) Rs1.162.0 1.8%  
Cash flow per share (Unadj.) Rs2.6154.1 1.7%  
Dividends per share (Unadj.) Rs012.00 0.0%  
Avg Dividend yield %04.7 0.0%  
Book value per share (Unadj.) Rs13.2430.3 3.1%  
Shares outstanding (eoy) m18,902.411,814.13 1,042.0%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x2.50.5 466.7%   
Avg P/E ratio x23.34.1 564.1%  
Avg P/CF ratio x8.31.6 503.9%  
Avg Price/Bookvalue ratio x2.00.6 330.9%  
Dividend payout %019.3 0.0%   
Avg Mkt Cap Rs m490,990465,597 105.5%   
No. of employees `000NANA-   
Total wages & salary Rs m41,024142,927 28.7%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m194,070858,847 22.6%  
Other income Rs m41,164253,250 16.3%   
Interest expense Rs m111,463529,901 21.0%   
Net interest income Rs m82,607328,947 25.1%  
Operating expense Rs m64,298302,454 21.3%   
Gross profit Rs m18,30926,492 69.1%  
Gross profit margin %9.43.1 305.8%  
Provisions/contingencies Rs m38,433171,665 22.4%   
Profit before tax Rs m23,534144,267 16.3%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m0-898 -0.0%   
Prior Period Items Rs m05,368 0.0%   
Tax Rs m2,49536,189 6.9%   
Profit after tax Rs m21,040112,547 18.7%  
Net profit margin %10.813.1 82.7%  
BALANCE SHEET DATA
Advances Rs m1,780,6778,309,292 21.4%   
Deposits Rs m2,609,73611,790,865 22.1%  
Credit/Deposit ratio x68.270.5 96.8%  
Yield on advances %7.47.4 100.0%   
Cost of deposits %4.04.1 97.6%   
Net Interest Margin %3.02.8 109.4%  
Net fixed assets Rs m37,107103,334 35.9%   
Share capital Rs m189,02418,141 1,042.0%   
Free reserves Rs m59,736762,396 7.8%   
Net worth Rs m248,760780,538 31.9%   
Borrowings Rs m208,038580,732 35.8%   
Investments Rs m936,4253,528,927 26.5%   
Total assets Rs m3,134,49913,810,296 22.7%  
Debt/equity ratio x11.315.9 71.5%   
Return on assets %0.70.8 82.4%  
Return on equity %8.514.4 58.7%  
Capital adequacy ratio %16.116.7 96.5%  
Net NPAs %1.81.7 105.8%  
CASH FLOW
From Operations Rs m-155,835-399,779 39.0%  
From Investments Rs m-5,596-12,378 45.2%  
From Financial Activity Rs m1274,454 2.9%  
Net Cashflow Rs m-161,304-406,886 39.6%  

Share Holding

Indian Promoters % 96.4 62.9 153.2%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 1.3 25.0 5.3%  
FIIs % 0.0 10.6 0.3%  
ADR/GDR % 0.0 0.0 -  
Free float % 3.6 37.1 9.8%  
Shareholders   727,348 759,083 95.8%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare INDIAN OVERSEAS BANK With:   HDFC BANK    AXIS BANK    ICICI BANK    SBI    KOTAK MAHINDRA BANK    


More on Indian Overseas 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:

Indian Overseas Bank vs Canara Bank Share Price Performance

Period Indian Overseas Bank Canara Bank S&P BSE BANKEX
1-Day -0.41% -0.73% 1.02%
1-Month 6.08% 5.67% 2.05%
1-Year 154.57% 96.27% 12.30%
3-Year CAGR 55.95% 64.88% 14.92%
5-Year CAGR 33.69% 16.67% 10.00%

* Compound Annual Growth Rate

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

Moving on to shareholding structures...

The promoters of Indian Overseas Bank hold a 96.4% 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 Indian Overseas Bank and the shareholding pattern of Canara Bank.

Finally, a word on dividends...

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

For a sector overview, read our banking sector report.



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