Canara Bank is one of India’s leading public sector banks, known for its strong financial services and customer trust. With steady growth in loans, digital banking expansion, and government support, the bank has great potential for the future. Investors are closely watching its share price target, considering factors like asset quality, economic trends, and competition. Canara Bank Share Price on 1 March 2025 is 81.19 INR. This article will provide more details on Canara Bank Share Price Target 2025, 2026 to 2030.
Canara Bank Company Info
- CEO: K. Satyanarayana Raju (7 Feb 2023–)
- Founded: 1 July 1906
- Founder: Ammembal Subba Rao Pai
- Headquarters: Bengaluru
- Number of employees: 82,638 (2024)
- Revenue: 1.39 lakh crores INR (US$17 billion, 2024)
- Subsidiaries: Canara Robeco Asset Management Company Limited
Canara Bank Share Price Chart
Canara Bank Share Price Details
- Today Open: 82.80
- Today High: 82.80
- Today Low: 80.25
- Mkt cap: 73.72KCr
- P/E ratio: 4.48
- Div yield: 3.97%
- 52-wk high: 128.90
- 52-wk low: 80.25
Canara Bank Shareholding Pattern
- Promoters: 62.93%
- Foreign Institutions: 11.11%
- Mutual Funds: 4.26%
- Retails and others: 14.23%
- Domestic Institutions: 7.47%
Canara Bank Share Price Target Tomorrow 2025, 2026 To 2030
- 2025 – ₹130
- 2026 – ₹150
- 2027 – ₹180
- 2028 – ₹210
- 2029 – ₹230
- 2030 – ₹250
Canara Bank Share Price Target 2025
Canara Bank share price target 2025 Expected target could be ₹130. Canara Bank, one of India’s leading public sector banks, has strong growth potential due to its expanding financial services and improving banking sector dynamics. Here are six key factors that could influence its share price target in 2025:
1. Growth in Loan and Credit Demand
An increase in retail, corporate, and MSME loans will boost Canara Bank’s revenue. Economic recovery and government schemes promoting business lending can drive loan growth.
2. Strong Asset Quality and NPA Management
Better management of Non-Performing Assets (NPAs) and improved recovery mechanisms will enhance the bank’s financial health, boosting investor confidence.
3. Digital Banking and Technological Advancements
The bank’s focus on digital banking services, mobile banking apps, and fintech partnerships can attract more customers, leading to higher transactions and revenue.
4. Government Support and Policy Reforms
As a public sector bank, Canara Bank benefits from government backing, recapitalization initiatives, and banking sector reforms, which can improve financial stability.
5. Growth in Deposits and CASA Ratio
Higher deposits and an improved Current Account Savings Account (CASA) ratio will provide the bank with a low-cost funding base, increasing profitability.
6. Expansion of Branch Network and Services
Canara Bank’s expansion into rural and semi-urban areas, along with diversified financial services like insurance and mutual funds, can drive long-term growth.
Canara Bank Share Price Target 2030
Canara Bank share price target 2030 Expected target could be ₹250. While Canara Bank has strong growth potential, several risks and challenges could impact its share price by 2030. Here are six key factors to consider:
1. Rising Non-Performing Assets (NPAs)
If the bank struggles with loan defaults, especially in corporate and MSME sectors, it could lead to higher NPAs, reducing profitability and investor confidence.
2. Regulatory and Policy Risks
Changes in banking regulations, RBI guidelines, or stricter financial compliance rules could impact Canara Bank’s operations and profitability.
3. Competition from Private and Digital Banks
Increasing competition from private sector banks and fintech companies offering innovative digital banking solutions could affect Canara Bank’s market share.
4. Economic Slowdowns and Market Uncertainty
A slowdown in the Indian economy, inflation, or global financial crises could reduce credit demand and impact the bank’s loan growth and earnings.
5. Cybersecurity and Technological Risks
As digital banking grows, cybersecurity threats, data breaches, or technology failures could disrupt operations and affect customer trust.
6. Interest Rate Fluctuations
Changes in interest rates set by the RBI can impact Canara Bank’s lending and borrowing costs, affecting net interest margins and overall profitability.
Financials Statement Of Canara Bank
| (INR) | 2024 | Y/Y change |
| Revenue | 573.36B | 28.35% |
| Operating expense | 373.37B | 23.45% |
| Net income | 152.79B | 35.75% |
| Net profit margin | 26.65 | 5.80% |
| Earnings per share | 16.05 | 37.26% |
| EBITDA | — | — |
| Effective tax rate | 25.30% | — |
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