Canara Bank vs Indian Overseas Bank Stock Comparison

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Last Updated on: Jun 07, 2026

Key Highlights

The Latest Trading Price of Canara Bank is ₹ 135.8 as of 05 Jun 15:30 . The P/E Ratio of Canara Bank changed from 8.7 on March 2021 to 6.3 on March 2026 . This represents a CAGR of -5.24% over 6 yearsThe P/E Ratio of Indian Overseas Bank changed from 34.8 on March 2021 to 0 on March 2026 . This represents a CAGR of -100.00% over 6 years The Market Cap of Canara Bank changed from ₹ 25071 crore on March 2021 to ₹ 112067 crore on March 2026 . This represents a CAGR of 28.35% over 6 yearsThe Market Cap of Indian Overseas Bank changed from ₹ 26299 crore on March 2021 to ₹ 0 crore on March 2026 . This represents a CAGR of -100.00% over 6 years The revenue of Canara Bank for the Mar '26 is ₹ 36538 crore as compare to the Dec '25 revenue of ₹ 33089 crore. This represent the growth of 10.42% The revenue of Indian Overseas Bank for the Mar '26 is ₹ 9779 crore as compare to the Dec '25 revenue of ₹ 9671 crore. This represent the growth of 1.12% The ebitda of Canara Bank for the Mar '26 is ₹ 27668 crore as compare to the Dec '25 ebitda of ₹ 29087 crore. This represent the decline of -4.88% The ebitda of Indian Overseas Bank for the Mar '26 is ₹ 6678 crore as compare to the Dec '25 ebitda of ₹ 6241 crore. This represent the growth of 7% The net profit of Canara Bank changed from ₹ 3977 crore to ₹ 4380 crore over 8 quarters. This represents a CAGR of 4.95% The net profit of Indian Overseas Bank changed from ₹ 633.44 crore to ₹ 1505 crore over 8 quarters. This represents a CAGR of 54.16% The Dividend Payout of Canara Bank changed from 20.77 % on March 2022 to 19.86 % on March 2026 . This represents a CAGR of -0.89% over 5 yearsThe Dividend Payout of Indian Overseas Bank changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 years .

About Canara Bank

Canara Bank Ltd Dividend Overview 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 nationalised 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. Canara Bank Ltd Dividend Payout Ratio The dividend payout ratio is defined as the portion of a company’s net earnings distributed to its owners as dividends, with the rest utilised for the business.
The dividend payout ratio is very crucial for banks because the rest of the earnings are used to ensure capital adequacy ratios are attained. The Canara Bank dividend yield payout ratio gives an insight into the management of rewarding its shareholders through improving its capital base.
A modest level of the payout ratio is apparently indicative of the focus of the bank on its financial strength and sustainable growth, while the higher ratio is indicative of greater confidence in its earnings and available surplus capital. Canara Bank Ltd Dividend Growth and Sustainability The dividend information is helpful.
Here are ways in which investors can make use of the Canara Bank dividend history information in an efficient and easy manner: Earnings Sustainability: A stable and improving earnings trend provides a foundation to support dividends in the case of Canara 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).

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 123,179 Cr while Market cap of Indian Overseas Bank is 63,392 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 June 7, 2026, the Canara Bank stock price is INR ₹135.8. On the other hand, Indian Overseas Bank stock price is INR ₹32.92.

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.