Canara Bank vs Indian Overseas Bank Stock Comparison

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Last Updated on: Apr 02, 2026

Key Highlights

The Latest Trading Price of Canara Bank is ₹ 127.05 as of 02 Apr 15:30 . The P/E Ratio of Canara Bank changed from 8.7 on March 2021 to 4.6 on March 2025 . This represents a CAGR of -11.97% over 5 yearsThe P/E Ratio of Indian Overseas Bank changed from 34.8 on March 2021 to 22.1 on March 2025 . This represents a CAGR of -8.68% over 5 years The Market Cap of Canara Bank changed from ₹ 25071 crore on March 2021 to ₹ 80746 crore on March 2025 . This represents a CAGR of 26.35% over 5 yearsThe Market Cap of Indian Overseas Bank changed from ₹ 26299 crore on March 2021 to ₹ 75042 crore on March 2025 . This represents a CAGR of 23.33% over 5 years The revenue of Canara Bank for the Dec '25 is ₹ 33089 crore as compare to the Sep '25 revenue of ₹ 42013 crore. This represent the decline of -21.24% The revenue of Indian Overseas Bank for the Dec '25 is ₹ 9671 crore as compare to the Sep '25 revenue of ₹ 9216 crore. This represent the growth of 4.94% The ebitda of Canara Bank for the Dec '25 is ₹ 29087 crore as compare to the Sep '25 ebitda of ₹ 28762 crore. This represent the growth of 1.13% The ebitda of Indian Overseas Bank for the Dec '25 is ₹ 6241 crore as compare to the Sep '25 ebitda of ₹ 6518 crore. This represent the decline of -4.26% The net profit of Canara Bank changed from ₹ 3977 crore to ₹ 4868 crore over 7 quarters. This represents a CAGR of 12.25% The net profit of Indian Overseas Bank changed from ₹ 633.44 crore to ₹ 1365 crore over 7 quarters. This represents a CAGR of 55.08% The Dividend Payout of Canara Bank changed from 20.77 % on March 2022 to 21.31 % on March 2025 . This represents a CAGR of 0.64% over 4 yearsThe Dividend Payout of Indian Overseas Bank changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

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).

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 115,242 Cr while Market cap of Indian Overseas Bank is 63,103 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 April 2, 2026, the Canara Bank stock price is INR ₹127.05. On the other hand, Indian Overseas Bank stock price is INR ₹32.77.

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.