Canara Bank (CANBK) - Net Assets
Based on the latest financial reports, Canara Bank (CANBK) has net assets worth Rs1.24 Trillion INR (≈ $13.38 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs19.32 Trillion ≈ $208.97 Billion USD) and total liabilities (Rs18.09 Trillion ≈ $195.60 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check CANBK capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.24 Trillion |
| % of Total Assets | 6.4% |
| Annual Growth Rate | 14.79% |
| 5-Year Change | 66.39% |
| 10-Year Change | 234.75% |
| Growth Volatility | 12.82 |
Canara Bank - Net Assets Trend (2005–2026)
This chart illustrates how Canara Bank's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Canara Bank (CANBK) market capitalisation.
Annual Net Assets for Canara Bank (2005–2026)
The table below shows the annual net assets of Canara Bank from 2005 to 2026. Also explore how fast is Canara Bank growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs1.18 Trillion ≈ $12.74 Billion |
+10.48% |
| 2025-03-31 | Rs1.07 Trillion ≈ $11.53 Billion |
+14.47% |
| 2024-03-31 | Rs931.34 Billion ≈ $10.07 Billion |
+17.95% |
| 2023-03-31 | Rs789.58 Billion ≈ $8.54 Billion |
+11.54% |
| 2022-03-31 | Rs707.86 Billion ≈ $7.66 Billion |
+12.00% |
| 2021-03-31 | Rs632.03 Billion ≈ $6.84 Billion |
+50.71% |
| 2020-03-31 | Rs419.36 Billion ≈ $4.54 Billion |
+9.33% |
| 2019-03-31 | Rs383.57 Billion ≈ $4.15 Billion |
+2.51% |
| 2018-03-31 | Rs374.19 Billion ≈ $4.05 Billion |
+6.36% |
| 2017-03-31 | Rs351.83 Billion ≈ $3.80 Billion |
+7.07% |
| 2016-03-31 | Rs328.59 Billion ≈ $3.55 Billion |
-0.03% |
| 2015-03-31 | Rs328.70 Billion ≈ $3.55 Billion |
+7.81% |
| 2014-03-31 | Rs304.90 Billion ≈ $3.30 Billion |
+20.00% |
| 2013-03-31 | Rs254.09 Billion ≈ $2.75 Billion |
+9.50% |
| 2012-03-31 | Rs232.05 Billion ≈ $2.51 Billion |
+12.91% |
| 2011-03-31 | Rs205.51 Billion ≈ $2.22 Billion |
+35.57% |
| 2010-03-31 | Rs151.59 Billion ≈ $1.64 Billion |
+18.77% |
| 2009-03-31 | Rs127.63 Billion ≈ $1.38 Billion |
+17.31% |
| 2008-03-31 | Rs108.79 Billion ≈ $1.18 Billion |
-0.06% |
| 2007-03-31 | Rs108.86 Billion ≈ $1.18 Billion |
+43.20% |
| 2006-03-31 | Rs76.02 Billion ≈ $822.11 Million |
+16.80% |
| 2005-03-31 | Rs65.08 Billion ≈ $703.86 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Canara Bank's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs18.14 Billion | 1.54% |
| Other Comprehensive Income | Rs1.02 Trillion | 86.63% |
| Other Components | Rs139.19 Billion | 11.83% |
| Total Equity | Rs1.18 Trillion | 100.00% |
Canara Bank Competitors by Market Cap
The table below lists competitors of Canara Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KT&G Corp
KO:033780
|
$12.10 Billion |
|
DWS Group GmbH & Co. KGaA
XETRA:DWS
|
$12.11 Billion |
|
Eiffage SA
PA:FGR
|
$12.12 Billion |
|
Onto Innovation Inc
NYSE:ONTO
|
$12.12 Billion |
|
Hong Leong Bank Bhd
KLSE:5819
|
$12.08 Billion |
|
BUREAU VERITAS ADR EO-12
F:4BV0
|
$12.07 Billion |
|
Renaissancere Holdings Ltd
NYSE:RNR
|
$12.05 Billion |
|
Zydus Lifesciences Limited
NSE:ZYDUSLIFE
|
$12.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canara Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,054,167,601,000 to 1,177,046,400,000, a change of 122,878,799,000 (11.7%).
- Net income of 197,059,100,000 contributed positively to equity growth.
- Dividend payments of 36,282,600,000 reduced retained earnings.
- Other comprehensive income increased equity by 123,527,215,000.
- Other factors decreased equity by 161,424,916,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs197.06 Billion | +16.74% |
| Dividends Paid | Rs36.28 Billion | -3.08% |
| Other Comprehensive Income | Rs123.53 Billion | +10.49% |
| Other Changes | Rs-161.42 Billion | -13.71% |
| Total Change | Rs- | 11.66% |
Book Value vs Market Value Analysis
This analysis compares Canara Bank's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.95x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 17.25x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs7.14 | Rs123.20 | x |
| 2006-03-31 | Rs8.34 | Rs123.20 | x |
| 2007-03-31 | Rs11.96 | Rs123.20 | x |
| 2008-03-31 | Rs11.81 | Rs123.20 | x |
| 2009-03-31 | Rs13.86 | Rs123.20 | x |
| 2010-03-31 | Rs16.55 | Rs123.20 | x |
| 2011-03-31 | Rs22.47 | Rs123.20 | x |
| 2012-03-31 | Rs25.38 | Rs123.20 | x |
| 2013-03-31 | Rs27.73 | Rs123.20 | x |
| 2014-03-31 | Rs33.24 | Rs123.20 | x |
| 2015-03-31 | Rs35.79 | Rs123.20 | x |
| 2016-03-31 | Rs214.31 | Rs123.20 | x |
| 2017-03-31 | Rs229.36 | Rs123.20 | x |
| 2018-03-31 | Rs243.98 | Rs123.20 | x |
| 2019-03-31 | Rs41.51 | Rs123.20 | x |
| 2020-03-31 | Rs45.38 | Rs123.20 | x |
| 2021-03-31 | Rs412.68 | Rs123.20 | x |
| 2022-03-31 | Rs400.31 | Rs123.20 | x |
| 2023-03-31 | Rs430.26 | Rs123.20 | x |
| 2024-03-31 | Rs101.56 | Rs123.20 | x |
| 2025-03-31 | Rs116.21 | Rs123.20 | x |
| 2026-03-31 | Rs129.79 | Rs123.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canara Bank utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.74%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.87%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 16.03x
- Recent ROE (16.74%) is above the historical average (10.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 21.03% | 14.47% | 0.08x | 17.15x | Rs7.15 Billion |
| 2006 | 18.21% | 13.59% | 0.08x | 17.66x | Rs6.22 Billion |
| 2007 | 14.08% | 11.73% | 0.08x | 15.34x | Rs4.43 Billion |
| 2008 | 16.75% | 10.74% | 0.09x | 16.88x | Rs7.23 Billion |
| 2009 | 16.23% | 10.48% | 0.09x | 17.52x | Rs7.84 Billion |
| 2010 | 19.97% | 13.83% | 0.08x | 17.74x | Rs14.97 Billion |
| 2011 | 19.77% | 15.62% | 0.08x | 16.62x | Rs19.94 Billion |
| 2012 | 14.50% | 9.85% | 0.09x | 16.45x | Rs10.37 Billion |
| 2013 | 11.80% | 7.95% | 0.09x | 16.66x | Rs4.52 Billion |
| 2014 | 8.72% | 6.02% | 0.09x | 16.61x | Rs-3.87 Billion |
| 2015 | 8.82% | 5.90% | 0.09x | 17.19x | Rs-3.85 Billion |
| 2016 | -8.04% | -5.30% | 0.09x | 17.39x | Rs-58.48 Billion |
| 2017 | 3.92% | 2.74% | 0.08x | 17.19x | Rs-21.10 Billion |
| 2018 | -10.71% | -8.34% | 0.08x | 17.11x | Rs-76.41 Billion |
| 2019 | 1.60% | 1.04% | 0.08x | 18.89x | Rs-31.67 Billion |
| 2020 | -4.82% | -3.22% | 0.08x | 17.99x | Rs-61.07 Billion |
| 2021 | 4.63% | 3.10% | 0.08x | 18.90x | Rs-33.50 Billion |
| 2022 | 8.75% | 6.60% | 0.07x | 17.98x | Rs-8.71 Billion |
| 2023 | 14.42% | 10.39% | 0.08x | 17.69x | Rs34.49 Billion |
| 2024 | 16.58% | 11.05% | 0.09x | 16.66x | Rs60.65 Billion |
| 2025 | 16.64% | 11.41% | 0.09x | 16.42x | Rs69.98 Billion |
| 2026 | 16.74% | 12.87% | 0.08x | 16.03x | Rs79.35 Billion |
Industry Comparison
This section compares Canara Bank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $152,468,344,667
- Average return on equity (ROE) among peers: 7.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Canara Bank (CANBK) | Rs1.24 Trillion | 21.03% | 14.62x | $12.09 Billion |
| AU Small Finance Bank Limited (AUBANK) | $7.66 Billion | 18.19% | 4.19x | $8.37 Billion |
| Bandhan Bank Limited (BANDHANBNK) | $5.02 Billion | 0.11% | 0.05x | $3.01 Billion |
| Bank of Baroda (BANKBARODA) | $426.97 Billion | -11.87% | 15.19x | $13.14 Billion |
| Bank of India (BANKINDIA) | $566.51 Billion | 6.17% | 12.12x | $6.79 Billion |
| Capital Small Finance Bank Limited (CAPITALSFB) | $1.15 Billion | 11.96% | 16.87x | $133.82 Million |
| Central Bank of India (CENTRALBK) | $276.07 Billion | 3.83% | 13.03x | $2.97 Billion |
| CSB Bank Limited (CSBBANK) | $48.94 Billion | 12.94% | 10.79x | $602.54 Million |
| City Union Bank Limited (CUB) | $5.67 Billion | 17.95% | 11.96x | $1.83 Billion |
| DCB Bank Limited (DCBBANK) | $34.22 Billion | 9.87% | 10.25x | $766.32 Million |
About Canara Bank
Canara Bank provides various banking products and services in India and internationally. The company offers deposits and accounts, such as savings accounts, current accounts, recurring deposits, and term deposits; unclaimed deposits; loan products, including home, vehicle, education, personal, mortgage, gold, MSME, agri, and solar loans; life, general, and health insurance products; corporate loa… Read more