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?  

SOUTH IND.BANK vs CANARA BANK - Comparison Results

Rs 100 invested in...

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

Current Valuations

    SOUTH IND.BANK CANARA BANK SOUTH IND.BANK/
CANARA BANK
 
P/E (TTM) x 6.4 7.4 86.4% View Chart
P/BV x 1.1 1.4 79.3% View Chart
Dividend Yield % 1.1 2.1 53.2%  

Financials

 SOUTH IND.BANK   CANARA BANK
EQUITY SHARE DATA
    SOUTH IND.BANK
Mar-23
CANARA BANK
Mar-23
SOUTH IND.BANK/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs22342 6.4%   
Low Rs7172 4.2%   
Income per share (Unadj.) Rs34.6473.4 7.3%  
Earnings per share (Unadj.) Rs3.762.0 6.0%  
Cash flow per share (Unadj.) Rs13.5154.1 8.8%  
Dividends per share (Unadj.) Rs0.3012.00 2.5%  
Avg Dividend yield %2.14.7 44.1%  
Book value per share (Unadj.) Rs31.9430.3 7.4%  
Shares outstanding (eoy) m2,092.741,814.13 115.4%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x0.40.5 77.6%   
Avg P/E ratio x3.94.1 94.8%  
Avg P/CF ratio x2.01.6 123.2%  
Avg Price/Bookvalue ratio x0.50.6 76.4%  
Dividend payout %8.119.3 41.9%   
Avg Mkt Cap Rs m30,418465,597 6.5%   
No. of employees `000NANA-   
Total wages & salary Rs m13,080142,927 9.2%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m72,332858,847 8.4%  
Other income Rs m8,114253,250 3.2%   
Interest expense Rs m42,211529,901 8.0%   
Net interest income Rs m30,121328,947 9.2%  
Operating expense Rs m23,158302,454 7.7%   
Gross profit Rs m6,96326,492 26.3%  
Gross profit margin %9.63.1 312.1%  
Provisions/contingencies Rs m7,323171,665 4.3%   
Profit before tax Rs m12,468144,267 8.6%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m0-898 -0.0%   
Prior Period Items Rs m05,368 0.0%   
Tax Rs m4,71536,189 13.0%   
Profit after tax Rs m7,753112,547 6.9%  
Net profit margin %10.713.1 81.8%  
BALANCE SHEET DATA
Advances Rs m698,0448,309,292 8.4%   
Deposits Rs m916,50111,790,865 7.8%  
Credit/Deposit ratio x76.270.5 108.1%  
Yield on advances %8.27.4 110.8%   
Cost of deposits %4.24.1 101.6%   
Net Interest Margin %3.22.8 114.8%  
Net fixed assets Rs m7,539103,334 7.3%   
Share capital Rs m2,09318,141 11.5%   
Free reserves Rs m64,654762,396 8.5%   
Net worth Rs m66,746780,538 8.6%   
Borrowings Rs m69,939580,732 12.0%   
Investments Rs m246,4133,528,927 7.0%   
Total assets Rs m1,076,97213,810,296 7.8%  
Debt/equity ratio x14.815.9 93.2%   
Return on assets %0.70.8 88.3%  
Return on equity %11.614.4 80.6%  
Capital adequacy ratio %17.316.7 103.4%  
Net NPAs %1.91.7 107.5%  
CASH FLOW
From Operations Rs m-72,608-399,779 18.2%  
From Investments Rs m-3,861-12,378 31.2%  
From Financial Activity Rs m35,2394,454 791.3%  
Net Cashflow Rs m-41,229-406,886 10.1%  

Share Holding

Indian Promoters % 0.0 62.9 -  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 22.3 25.5 87.4%  
FIIs % 14.7 11.2 131.0%  
ADR/GDR % 0.0 0.0 -  
Free float % 100.0 37.1 269.8%  
Shareholders   888,397 644,770 137.8%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare SOUTH IND.BANK With:   HDFC BANK    AXIS BANK    SBI    ICICI BANK    KOTAK MAHINDRA BANK    


More on South Ind.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:

South Ind.Bank vs Canara Bank Share Price Performance

Period South Ind.Bank Canara Bank S&P BSE BANKEX
1-Day -1.37% 3.19% 0.82%
1-Month -12.53% 5.73% 2.48%
1-Year 65.42% 111.33% 19.28%
3-Year CAGR 49.37% 58.24% 12.00%
5-Year CAGR 10.66% 14.54% 9.40%

* Compound Annual Growth Rate

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

Moving on to shareholding structures...

The promoters of South Ind.Bank hold a 0.0% 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 South Ind.Bank and the shareholding pattern of Canara Bank.

Finally, a word on dividends...

In the most recent financial year, South Ind.Bank paid a dividend of Rs 0.3 per share. This amounted to a Dividend Payout ratio of 8.1%.

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 South Ind.Bank, and the dividend history of Canara Bank.

For a sector overview, read our banking sector report.



Today's Market

Sensex Today Rallies 639 Points | Suzlon Energy Surges 5%, Grasim Industries 4% | 3 Reasons Why Indian Share Market is Rising Sensex Today Rallies 639 Points | Suzlon Energy Surges 5%, Grasim Industries 4% | 3 Reasons Why Indian Share Market is Rising(Closing)

After opening the day on positive note, Indian share markets gained the momentum as the session progressed and ended on firm footing.