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Canara Bank vs Indian Overseas Bank Stock Comparison

Canara Bank vs Indian Overseas Bank Stock Comparison

Last Updated on: May 06, 2025

Key Highlights

  • The Latest Trading Price of Canara Bank is ₹ 96.5 as of 06 May 09:41.
  • The P/E Ratio of Canara Bank changed from 8.7 on March 2021 to 6.9 on March 2024 . This represents a CAGR of -5.63% over 4 yearsThe P/E Ratio of Indian Overseas Bank changed from 34.8 on March 2021 to 42.5 on March 2024 . This represents a CAGR of 5.12% over 4 years.
  • The Market Cap of Canara Bank changed from ₹ 9313 crore on March 2020 to ₹ 105419 crore on March 2024 . This represents a CAGR of 62.47% over 5 yearsThe Market Cap of Indian Overseas Bank changed from ₹ 26299 crore on March 2021 to ₹ 113376 crore on March 2024 . This represents a CAGR of 44.09% over 4 years.
  • The revenue of Canara Bank for the Mar '25 is ₹ 0 crore as compare to the Dec '24 revenue of ₹ 37429 crore. This represent the decline of -100% The revenue of Indian Overseas Bank for the Mar '25 is ₹ 9257 crore as compare to the Dec '24 revenue of ₹ 8415 crore. This represent the growth of 10.01%.
  • The ebitda of Canara Bank for the Mar '25 is ₹ 0 crore as compare to the Dec '24 ebitda of ₹ 26677 crore. This represent the decline of -100% The ebitda of Indian Overseas Bank for the Mar '25 is ₹ 6105 crore as compare to the Dec '24 ebitda of ₹ 5562 crore. This represent the growth of 9.76%.
  • The net profit of Canara Bank changed from ₹ 3573 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of -100.00% The net profit of Indian Overseas Bank changed from ₹ 504.03 crore to ₹ 1091 crore over 8 quarters. This represents a CAGR of 47.19% .
  • The Dividend Payout of Canara Bank changed from 20.77 % on March 2022 to 20.07 % on March 2024 . This represents a CAGR of -1.14% over 3 yearsThe Dividend Payout of Indian Overseas Bank changed from 0 % on March 2020 to 0 % on March 2024 . This represents a CAGR of 0.0% over 5 years.

Share Price

* All values are in Rupees

P/E Ratio Over Time

No data available

Market Cap Over Time

No data available

* All values are in crore

Historical Share Prices

* All values are in Rupees

Revenue Over Time

No data available

* All values are in crore

EBITDA Over Time

No data available

* All values are in crore

Net Profit Over Time

No data available

* All values are in crore

Dividend Payout Over Time

No data available

* All values are in %

About Canara Bank

  • Canara Bank is a state-owned commercial bank with headquarters in Bangalore.
  • The Bank provides a range of products and services to the customers.
  • Across the borders, the Bank has 8 branches, one each at London, Leicester, Hong Kong, Shanghai, Manama, Johannesburg, New York and DIFC (Dubai) & a Representative Office at Sharjah, UAE. Canara Bank was incorporated on July 1, 1906 with the name Canara Hindu Permanent Fund Ltd. In the year 1910, the name of the Bank was changed from Canara Hindu Permanent Fund Ltd to Canara Bank Ltd. In July 19, 1969, the Bank was nationalized along with 14 major banks in the country.
  • In the year 1976, they inaugurated their 1000th branch. In the year 1983, the Bank inaugurated an overseas branch at London.
  • In the year 1984, Laksmi Commercial Bank Ltd was amalgamated with the Bank.

About Indian Overseas Bank

  • Indian Overseas Bank (IOB) was founded on February 10, 1937 by Shri.
  • M. Ct.
  • M. Chidambaram Chettyar, a pioneer in many fields such as, Banking, Insurance and Industry with the twin objectives of specializing in foreign exchange business and overseas banking.
  • IOB had the unique distinction of commencing business in 10th February 1937 (on the inaugural day itself) in three branches simultaneously - at Karaikudi and Chennai in India and Rangoon in Burma (presently Myanmar) followed by a branch in Penang. Presently, the Bank has its overseas presence in 4 countries: Singapore, Hongkong, Thailand and Sri Lanka. The Products & Services of the bank includes NRI Services, Personal Banking, Forex Services, Agri Business Consultancy, Credit Cards, Any Branch Banking and ATM Banking.
  • Saga of the IOB is covered into four categories, such as Pre-nationalisation era (1947- 69), at the time of Nationalisation (1969), Post - nationalisation era (1969-1992) and Post-Reform Period - Unprecedented developments (1992 & after).

Canara Bank News Hub

News

Canara Bank schedules board meeting

Canara Bank will hold a meeting of the Board of Directors of the Company on 8 May 2025. Po...

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25 Apr 2025 16:50

News

Canara Bank appoints Amit Mittal as Group Chief Financial Officer

Canara Bank has appointed Amit Mittal as Group Chief Financial Officer of the Bank with ef...

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11 Apr 2025 14:37

News

Canara Bank gains on appointing Amit Mittal as GCFO

Amit Mittal, a chartered accountant by qualification, brings over 16 years of extensive ba...

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11 Apr 2025 15:28

News

Canara Bank spurts 4.49%, up for fifth straight session

Canara Bank is up for a fifth straight session today. The stock is quoting at Rs 91.47, up...

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24 Mar 2025 13:00

News

Canara Bank announces MCLR rates

Canara Bank announced that the Marginal Cost of Funds Based Lending Rate (MCLR) of the ban...

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11 Mar 2025 19:20

News

Canara Bank gains for third straight session

Canara Bank rose for a third straight session today. The stock is quoting at Rs 84.55, up ...

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05 Mar 2025 13:05

Indian Overseas Bank News Hub

News

Indian Overseas Bank's board to mull fund raising plan on 2nd May

'To consider the Capital Raising Plan of the Bank for FY 2025-26 through issue of equity s...

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28 Apr 2025 07:49

News

Indian Overseas Bank schedules board meeting

Indian Overseas Bank will hold a meeting of the Board of Directors of the Company on 2 May...

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25 Apr 2025 11:01

News

Indian Overseas Bank schedules board meeting

Indian Overseas Bank will hold a meeting of the Board of Directors of the Company on 19 Ma...

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07 Mar 2025 14:56

News

Board of Indian Overseas Bank to consider fund raising via LT infra bond issuance

The Board of Indian Overseas Bank will meet on 19 March 2025 to consider the proposal of f...

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07 Mar 2025 11:05

News

Indian Overseas Bank spurts 1.25%, up for third straight session

Indian Overseas Bank rose for a third straight session today. The stock is quoting at Rs 4...

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06 Mar 2025 13:06

News

Indian Overseas Bank appoints Madhaw Jha as CFO

The bank informed that S P Mahesh Kumar, general manager & CFO is superannuating on 28 Feb...

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19 Feb 2025 07:53

SWOT Analysis Of Indian Overseas Bank

Strength

4

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

SWOT Analysis Of Canara Bank

Strength

4

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Indian Overseas Bank

Revenue

Profitability

Affordability

Liquidity

Dividend

BlinkX Score for Canara Bank

Revenue

Profitability

Affordability

Liquidity

Dividend

FAQs for the comparison of Canara Bank and Indian Overseas Bank

Which company has a larger market capitalization, Canara Bank or Indian Overseas Bank?

Market cap of Canara Bank is 88,112 Cr while Market cap of Indian Overseas Bank is 72,308 Cr

What are the key factors driving the stock performance of Canara Bank and Indian Overseas Bank?

The stock performance of Canara Bank and Indian Overseas Bank is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Canara Bank and Indian Overseas Bank?

As of May 6, 2025, the Canara Bank stock price is INR ₹97.14. On the other hand, Indian Overseas Bank stock price is INR ₹37.55.

How do dividend payouts of Canara Bank and Indian Overseas Bank compare?

To compare the dividend payouts of Canara Bank and Indian Overseas Bank, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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