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Canara Bank vs Tamilnad Mercantile Bank Ltd Stock Comparison

Canara Bank vs Tamilnad Mercantile Bank Ltd Stock Comparison

Last Updated on: May 02, 2025

Key Highlights

  • The Latest Trading Price of Canara Bank is ₹ 98.4 as of 02 May 09:17.
  • 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 Tamilnad Mercantile Bank Ltd changed from 0 on March 2020 to 0 on March 2024 . This represents a CAGR of 0.0% over 5 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 Tamilnad Mercantile Bank Ltd changed from ₹ 0 crore on March 2020 to ₹ 0 crore on March 2024 . This represents a CAGR of 0.0% over 5 years.
  • The revenue of Canara Bank for the Dec '24 is ₹ 37429 crore as compare to the Sep '24 revenue of ₹ 38006 crore. This represent the decline of -1.52% The revenue of Tamilnad Mercantile Bank Ltd for the Dec '24 is ₹ 0 crore as compare to the Sep '24 revenue of ₹ 0 crore. This represent the decline of 0%.
  • The ebitda of Canara Bank for the Dec '24 is ₹ 26677 crore as compare to the Sep '24 ebitda of ₹ 25939 crore. This represent the growth of 2.85% The ebitda of Tamilnad Mercantile Bank Ltd for the Dec '24 is ₹ 0 crore as compare to the Sep '24 ebitda of ₹ 0 crore. This represent the decline of 0%.
  • The net profit of Canara Bank changed from ₹ 3573 crore to ₹ 4161 crore over 7 quarters. This represents a CAGR of 9.09% The net profit of Tamilnad Mercantile Bank Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0% .
  • 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 Tamilnad Mercantile Bank Ltd changed from 8.67 % on March 2022 to 14.77 % on March 2024 . This represents a CAGR of 19.43% over 3 years.

Share Price

* All values are in Rupees

P/E Ratio Over Time

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Market Cap Over Time

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* 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

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Dividend Payout Over Time

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* 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 Tamilnad Mercantile Bank Ltd

  • Tamilnad Mercantile Bank Limited was incorporated in the name of Nadar Bank Limited' on May 11, 1921 at Thoothukudi, Tamil Nadu as a Limited Company under Indian Companies Act, 1913 pursuant to a Certificate of Incorporation issued by the erstwhile Assistant Registrar of Joint Stock, Palamcottah.
  • Subsequently, the name of the Bank was changed to Tamilnad Mercantile Bank Limited', effective from November 27, 1962, pursuant to a Letter of Approval from the Government of India dated November 14, 1962 and a fresh Certificate of Incorporation dated July 17, 1968 was issued by the Assistant Registrar of Companies, Madras.
  • Presently, the Bank is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business.

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

Tamilnad Mercantile Bank Ltd News Hub

News

Tamilnad Mercantile Bank revises Repo Linked Lending Rate to 9%

Tamilnad Mercantile Bank has revised the Repo Linked Lending Rate (RLLR) from 9.25% to 9.0...

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29 Apr 2025 13:04

News

Tamilnad Mercantile Bank spurts after good Q4 outcome

Profit before tax rose 12.76% year-on-year to Rs 386.78 crore in Q4 March 2025. The operat...

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24 Apr 2025 11:26

News

Board of Tamilnad Mercantile Bank recommends Final Dividend

Tamilnad Mercantile Bank announced that the Board of Directors of the Company at its meeti...

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23 Apr 2025 17:02

News

Tamilnad Mercantile Bank to hold board meeting

Tamilnad Mercantile Bank will hold a meeting of the Board of Directors of the Company on 2...

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09 Apr 2025 09:30

News

Tamilnad Mercantile Bank total deposits climb 8% YoY in Q4

Total business increased 9.58% to 98,054 crore as of 31st March 2025 as against 89,485 cro...

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07 Apr 2025 14:53

News

Tamilnad Mercantile Bank gains on appointing Sanjoy Kumar Goel as CFO

Sanjoy Kumar Goel is a qualified Chartered Accountant and completed his bachelor's degree ...

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21 Mar 2025 11:25

SWOT Analysis Of Tamilnad Mercantile Bank Ltd

Strength

1

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 Tamilnad Mercantile Bank Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

BlinkX Score for Canara Bank

Revenue

Profitability

Affordability

Liquidity

Dividend

FAQs for the comparison of Canara Bank and Tamilnad Mercantile Bank Ltd

Which company has a larger market capitalization, Canara Bank or Tamilnad Mercantile Bank Ltd?

Market cap of Canara Bank is 88,366 Cr while Market cap of Tamilnad Mercantile Bank Ltd is 6,933 Cr

What are the key factors driving the stock performance of Canara Bank and Tamilnad Mercantile Bank Ltd?

The stock performance of Canara Bank and Tamilnad Mercantile Bank Ltd 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 Tamilnad Mercantile Bank Ltd?

As of May 2, 2025, the Canara Bank stock price is INR ₹97.42. On the other hand, Tamilnad Mercantile Bank Ltd stock price is INR ₹437.85.

How do dividend payouts of Canara Bank and Tamilnad Mercantile Bank Ltd compare?

To compare the dividend payouts of Canara Bank and Tamilnad Mercantile Bank Ltd, 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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