Helping You Build Wealth With Honest Research
Since 1996. Try Now

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

J&K BANK vs CANARA BANK - Comparison Results

Rs 100 invested in...

Loading...
DO YOU LIKE THESE REPORTS? TELL US!

Current Valuations

    J&K BANK CANARA BANK J&K BANK/
CANARA BANK
 
P/E (TTM) x 9.0 7.7 116.6% View Chart
P/BV x 1.5 1.4 103.9% View Chart
Dividend Yield % 0.4 2.0 19.2%  

Financials

 J&K BANK   CANARA BANK
EQUITY SHARE DATA
    J&K BANK
Mar-23
CANARA BANK
Mar-23
J&K BANK/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs63342 18.4%   
Low Rs24172 13.9%   
Income per share (Unadj.) Rs90.7473.4 19.2%  
Earnings per share (Unadj.) Rs11.462.0 18.4%  
Cash flow per share (Unadj.) Rs46.1154.1 29.9%  
Dividends per share (Unadj.) Rs0.5012.00 4.2%  
Avg Dividend yield %1.24.7 24.7%  
Book value per share (Unadj.) Rs95.9430.3 22.3%  
Shares outstanding (eoy) m1,031.481,814.13 56.9%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x0.50.5 88.0%   
Avg P/E ratio x3.84.1 91.4%  
Avg P/CF ratio x2.41.6 147.9%  
Avg Price/Bookvalue ratio x0.50.6 75.6%  
Dividend payout %4.419.3 22.6%   
Avg Mkt Cap Rs m44,637465,597 9.6%   
No. of employees `000NANA-   
Total wages & salary Rs m27,086142,927 19.0%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m93,552858,847 10.9%  
Other income Rs m7,652253,250 3.0%   
Interest expense Rs m46,094529,901 8.7%   
Net interest income Rs m47,458328,947 14.4%  
Operating expense Rs m36,509302,454 12.1%   
Gross profit Rs m10,94926,492 41.3%  
Gross profit margin %11.73.1 379.4%  
Provisions/contingencies Rs m6,616171,665 3.9%   
Profit before tax Rs m17,856144,267 12.4%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m0-898 -0.0%   
Prior Period Items Rs m-1815,368 -3.4%   
Tax Rs m5,87036,189 16.2%   
Profit after tax Rs m11,805112,547 10.5%  
Net profit margin %12.613.1 96.3%  
BALANCE SHEET DATA
Advances Rs m822,7768,309,292 9.9%   
Deposits Rs m1,220,27211,790,865 10.3%  
Credit/Deposit ratio x67.470.5 95.7%  
Yield on advances %8.57.4 115.1%   
Cost of deposits %3.64.1 86.2%   
Net Interest Margin %4.12.8 145.9%  
Net fixed assets Rs m22,244103,334 21.5%   
Share capital Rs m1,03218,141 5.7%   
Free reserves Rs m97,932762,396 12.8%   
Net worth Rs m98,963780,538 12.7%   
Borrowings Rs m28,923580,732 5.0%   
Investments Rs m347,8043,528,927 9.9%   
Total assets Rs m1,459,12613,810,296 10.6%  
Debt/equity ratio x12.615.9 79.6%   
Return on assets %0.80.8 99.3%  
Return on equity %11.914.4 82.7%  
Capital adequacy ratio %15.416.7 92.4%  
Net NPAs %1.61.7 93.6%  
CASH FLOW
From Operations Rs m-4,071-399,779 1.0%  
From Investments Rs m-1,235-12,378 10.0%  
From Financial Activity Rs m6,3764,454 143.2%  
Net Cashflow Rs m1,070-406,886 -0.3%  

Share Holding

Indian Promoters % 59.4 62.9 94.4%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 14.9 25.0 59.6%  
FIIs % 7.0 10.6 66.3%  
ADR/GDR % 0.0 0.0 -  
Free float % 40.6 37.1 109.5%  
Shareholders   215,294 759,083 28.4%  
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 -0.72% 0.28% 0.18%
1-Month 1.16% 5.20% 2.80%
1-Year 152.27% 98.63% 12.23%
3-Year CAGR 79.45% 66.45% 14.67%
5-Year CAGR 17.01% 17.32% 10.37%

* 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 0.5 per share. This amounted to a Dividend Payout ratio of 4.4%.

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 J&K Bank, and the dividend history of Canara Bank.

For a sector overview, read our banking sector report.



Today's Market

Gift Nifty Up 73 Points | Tata Consumer Q4 Results & Interim Dividend | M&M Finance Delays Q4 Results | Top Buzzing Stocks Today Gift Nifty Up 73 Points | Tata Consumer Q4 Results & Interim Dividend | M&M Finance Delays Q4 Results | Top Buzzing Stocks Today(Pre-Open)

Indian share markets continued the momentum as the session progressed and ended the higher.