Canara Bank Share Price

Overview

Canara Bank share price is currently ₹121.59, up by ₹0.21 (0.17%) from its previous closing price of ₹121.38. The share price has declined -4.58% over the past month and gained 9.69% over the past year. The stock's 52-week low and high are ₹114.42 and ₹160.61, respectively. Canara Bank has a market capitalisation of ₹ 1,10,000.00 Cr. The share price was last updated on 22 Sep 2026, 03:59 PM IST.

Canara Bank
Canara Bank
CANBK
 0.00
 0.21
0.17%
Bank
 0.00(%)1D

Updated: 22 Sep 2026, 03:59:18 pm IST

Market Data

Open Price

 122.39

Prev. Close

 121.38
 121.49

Day Low

 123.39

Day High

 114.42

52 Week Low

 160.61

52 Week High

BankBank - Public
CategoryLarge Cap

Fundamentals

Quick Bite

Price To Earnings Ratio

5.55

Sector PE

12.31

PB Ratio

0.99

Sector PB

1.69

EPS

21.89

Dividend Yield

3.40

Today's Volume

7.158 M

5 Day Avg. Volume

10.475 M

PEG Ratio

2.92

Market Cap.

₹ 1,10,000.00 Cr.

StockGro Trade views

Technical Analysis

Forecasts 🧭

Financials

Corporate Actions

ActionsEx-DateRecord-Date
DividendsFinal Dividend of 210% at ₹4.2/Share
12-Jun-202612-Jun-2026
DividendsFinal Dividend of 200% at ₹4/Share
13-Jun-202513-Jun-2025

Mutual Fund Ownership

Mutual Fund Holder
Jul 26
Shares held
Aug 26
Shares held
Invesco India Arbitrage Fund - Regular Plan - Growth4.80 Cr
4.34 Cr
(9.55%)
Nippon India ETF Nifty PSU Bank BeES3.78 Cr
3.70 Cr
(1.91%)
ICICI Prudential Arbitrage Fund - Growth3.98 Cr
3.67 Cr
(7.68%)
HDFC Arbitrage Fund - Regular Plan - Growth3.55 Cr
3.47 Cr
(2.28%)
SBI Arbitrage Fund - Regular Plan - Growth-
3.35 Cr
(100%)

About Canara Bank 👋

Canara Bank Limited (the Bank) is an India-based bank. The Bank's segments include Treasury Operations, Retail Banking Operations, Wholesale Banking Operations, Life Insurance Operations and Other Banking Operations. Its Retail Banking Operations include Digital Banking and Other Retail Banking. It provides a range of personal banking services to individuals. The Bank also offers investment opportunities through mutual funds and insurance products. It provides various loans, such as home loans, vehicle loans, education loans, personal loans, mortgage loans, gold loans, MSME loans, corporate loans, Agri loans, and solar loans. It provides various deposits, such as savings account, current account, term deposits, online account opening, Canara crest and capital gain account. It also focused on agriculture, education, housing, social infrastructure, renewable energy, microcredit, and lending to vulnerable sections of society and specified minority communities.

Expert Opinions

Insights from SEBI-registered analysts · updated live

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CA Barkha Kamra

CA Barkha Kamra

22 Sep • 1:29 AM · SEBI-Registered Analyst

Canara Bank raises ₹2,042 Cr via AT1 Bonds at 8.10%

Canara Bank

CANBK
has raised ₹2,042 crore through the issuance of Basel III Additional Tier-1 (AT1) bonds, carrying a coupon rate of 8.10%. The fundraising strengthens the bank’s regulatory capital base and provides additional headroom to support balance-sheet growth, while also helping maintain capital adequacy levels as lending activity expands. AT1 bonds form part of a bank’s regulatory capital and are designed to absorb losses under specified circumstances, making them an important component of a lender’s capital structure. The funds raised can provide Canara Bank with greater flexibility to pursue credit growth across retail, corporate, MSME and other segments without relying solely on common equity for capital augmentation. The 8.10% coupon represents the cost of this capital for the bank and will be an important factor in assessing the economics of the issuance. From an investor perspective, AT1 securities generally carry higher risks than conventional senior debt because of their subordinated structure and specific regulatory loss-absorption features. The successful ₹2,042-crore issue also indicates access to the domestic capital market for regulatory capital requirements. Going forward, the key factors to monitor will include Canara Bank’s loan growth, asset quality, net interest margins, profitability and overall capital adequacy. The additional capital could support future expansion while providing a cushion against balance-sheet risks.

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Ankit Gupta

Ankit Gupta

19 Sep • 12:05 PM · SEBI-Registered Analyst

Canara Bank Raises ₹2,042 Cr Through AT1 Bonds

CANBK
Canara Bank has raised ₹2,042 crore through Basel III Additional Tier 1 (AT1) bonds at a coupon rate of 8.10%, strengthening its capital base and providing additional financial flexibility. AT1 bonds form part of a bank’s regulatory capital and can support capital adequacy while enabling the institution to fund future business growth. The successful fundraising provides Canara Bank with another source of long-term capital and supports its ability to expand its balance sheet while maintaining regulatory capital requirements. Raising funds through Basel III-compliant securities is also an important part of capital management for banks, particularly as lending activity and asset growth increase. The 8.10% coupon represents the cost of this capital to the bank, while the funds raised can strengthen its capital position and provide additional capacity to support lending and other business requirements. For investors, the key factors to monitor will be the impact of the additional capital on Canara Bank’s capital adequacy ratio, loan growth, profitability and overall balance-sheet expansion. The fundraising also highlights continued investor participation in the bank’s capital instruments. While the issue itself does not directly indicate future earnings growth, a stronger capital base can provide greater flexibility to pursue business expansion. Canara Bank’s asset quality, net interest margins, credit growth and return on equity will remain important indicators alongside the capital raise. Overall, the ₹2,042 crore Basel III AT1 bond issuance strengthens Canara Bank’s capital position and provides additional resources to support its future banking operations and growth plans.

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Chahat Aggrawal

Chahat Aggrawal

16 Sep • 9:00 PM · SEBI-Registered Analyst

Canara Bank Raises ₹2,042 Crore Through AT1 Bond Issue

CANBK
has successfully completed its ₹2,042 crore Additional Tier I (AT1) bond issuance on September 16, 2026, with the perpetual bonds carrying a coupon rate of 8.10%. The issue received strong investor participation and was oversubscribed, attracting 111 bids during the issuance process. The successful fundraising provides the bank with additional capital through Basel III-compliant AT1 instruments and strengthens its capital base. The perpetual nature of the bonds means they do not have a fixed maturity date, subject to the applicable terms and regulatory framework. The latest issuance highlights Canara Bank’s access to the domestic debt capital market and its ability to raise funds through regulatory capital instruments. Investors will track the impact of the capital raise on the bank’s capital position and future growth requirements.

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Vineet Chawla

Vineet Chawla

16 Sep • 7:04 AM · SEBI-Registered Analyst

trading near its 52 week breakout level.

trading near its 52 week breakout level.

CANBK
is trading near its 52 week breakout level. • The 52-week breakout strategy focuses on stocks that cross their highest price of the past one year, often indicating strong bullish momentum and renewed buying interest. • When a stock moves above its 52-week high, it enters a zone with no previous resistance, which can support further upward movement if momentum continues. • Traders usually look for higher trading volumes, strong closing prices, and the stock trading above key moving averages to confirm the breakout. • Proper risk management is essential. A stop loss slightly below the breakout level helps limit downside risk while allowing traders to participate in potential trending moves. Disclaimer: Investments in securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. The above analysis is for educational and learning purpose. SEBI Registered Research Analyst: Vineet Ashwinikumar Chawla: INH000008190, BSE Enlistment No: 5433

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Ujvin Nevatia

Ujvin Nevatia

15 Sep • 6:56 PM · SEBI-Registered Analyst

Canara Bank Gets RBI Nod for AT-1 Bond Call

Research Analyst: UJVIN NEVATIA (PROPRIETOR: NEVAT INVESTMENTS) | SEBI Registration No.: INH100009628 Canara Bank (

CANBK
) has received approval from the Reserve Bank of India (RBI) to exercise the call option on ₹1,500 crore of Basel III-compliant Additional Tier 1 (AT-1) bonds. The approval allows the bank to redeem the specified bonds on their applicable call date. What Is an AT-1 Bond Call Option? AT-1 bonds are perpetual regulatory capital instruments issued by banks. Unlike conventional bonds, they do not have a fixed maturity date. However, they may include a call option that allows the issuing bank to redeem the bonds on a specified date, subject to regulatory approval. The RBI's approval is important because banks cannot simply redeem AT-1 instruments at their discretion. Regulatory conditions are intended to ensure that the redemption does not weaken the bank's capital position. Why Does This Matter? Canara Bank's latest action is part of a broader capital-management exercise. The bank has planned to exercise call options on multiple AT-1 bond tranches, with the total redemption plan covering ₹4,000 crore. At the same time, it has announced plans to raise up to ₹4,500 crore through fresh Basel III AT-1 bonds. This creates a refinancing and capital-management cycle: older AT-1 instruments can be redeemed while new regulatory capital is raised. The new issuance can help the bank maintain its capital base while managing the composition and cost of its funding. The development also highlights the role of RBI approvals in banks' management of hybrid capital instruments under the Basel III framework. Source: NDTV Profit No Recommendations

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Shashank Gupta

Shashank Gupta

11 Sep • 9:39 AM · SEBI-Registered Analyst

Canara Bank Plans ₹4,500 Crore AT-1 Bond Issue

CANBK
Canara Bank has announced plans to raise up to ₹4,500 crore through Basel III-compliant Additional Tier 1 (AT-1) bonds as part of its capital-raising programme. The proposed issue is scheduled for September 16, 2026, through the NSE electronic bidding platform. The bank has indicated a coupon range of around 7.85%–7.90%. The AT-1 securities will be perpetual debt instruments with a five-year call option, subject to regulatory requirements. The bonds have been rated AA+ with a Stable outlook by ICRA and India Ratings. This forms part of Canara Bank's broader capital mobilisation plan, which also includes a proposed ₹4,000 crore Tier-2 bond issue. The additional capital is intended to strengthen the bank's capital base and support its business expansion. The bank is also targeting a ₹30 lakh crore total business size, with growth expected across retail, agriculture, MSME and corporate banking segments. Investor Takeaway: The proposed AT-1 issue could strengthen Canara Bank's capital position and provide additional resources to support future loan growth. However, AT-1 bonds are perpetual instruments and carry specific risks, so investors should distinguish this capital-raising exercise from conventional equity fundraising.

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