Canara Bank Share Price Target 2025, 2027, 2028, 2030, 2040

Canara Bank Share is a bullish trend in the share market. In the time of share ups and downs, you should know all about share details before investing. In this blog, we are going to discuss Canara Bank Share Price Target 2025, 2027, 2028, 2030, 2040. We try to analysis about the share base in the company’s overall performance.

We also look after the company’s profit growth in the last 5 years, the last 5 year’s sales growth, and the last 5 years’ ROE percentage similarly we also compare the Share growth, the share price return amount of the share become increasing or decreased through the last 5 year’s. We also take advice from experts about which time we should invest in the share it may be helpful for you also. Let’s have a look at Canara Bank Share Price Target from 2025 to 2040.

Overview About Canara Bank Limited

Canara Bank Limited is an Indian public banking sector that was established in the year 1906. The headquarters of the company is situated in Bangalore, India. The bank was established as Canara Hindu Permanent Fund which was converted to Canara Bank in the year 1910. The aim of the company was to provide quality banking services with enhanced customer orientation and the creation of higher value for stakeholders.

Fundamental Analysis Of Canara Bank Limited

Company Name	Canara Bank Limited
Market Cap	₹86,452.36 Crore
Book Value	₹99.01
Face Value	₹2
52 Week High	₹130.56
52 Week Low	₹87.79
P/B	0.99
DIV. YIELD	3.40%
P/E Ratio	5.78
ROE	16.95%
ROA	1.25%

Canara Bank Share Price Target 2025

Canara Bank Share Price Target 2025 forecast may vary from ₹94.36 to ₹116.38.

Influencing Key Factors Of Canara Bank Share Price Target 2025

• Canara Bank’s Housing Loans Facility
• In 1996, Canra Bank Limited became the first Indian bank to get an ISO Certificate. The banking sector provides different types of loan facilities such as housing loans, car loans, agricultural loans, study loans, etc. In the year 2023, the company’s Housing Loans amount was ₹88564 Crore which increased by 12.29%, and in the year 2024, the amount became ₹99454 Crore. The Retail Loans amount was ₹148209 Crore in 2023, which increased by 31.28% and became ₹194556 in 2024.
• Increasing Net Income Amount
• The total income of the Canara Bank increased by 23.75% to ₹1,27,655 Crore in the year 2023-24. The Net Interest income (difference between interest paid and interest earned by the bank) grew by 16.35% every year and reached ₹36,568 Crore in the year 2023-24.
• Increases Infrastructure Bonds
• In the financial year 2023-24, the bank raised infrastructure bonds for the first time intending to diversify its funding sources with ₹5,000 Crore which was raised in the quarter ended of September 2023 raised to 7.55%. In the quarter ended December 2023, the amount increased to ₹5,000 Crore at a rate of 7.69%.

Month	Canara Bank Share Price Target 2025 (1st Price Target)	Canara Bank Share Price Target 2025 (2nd Price Target)
February	₹94.36	₹97.08
March	₹95.72	₹103.93
April	₹101.49	₹106.81
May	₹104.37	₹110.79
June	₹108.44	₹116.48
July	₹115.73	₹118.47
August	₹115.58	₹124.63
September	₹87.29	₹91.75
October	₹89.35	₹94.78
November	₹93.67	₹98.46
December	₹99.07	₹116.38

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Canara Bank Share Price Target 2027

Canara Bank Share Price Target 2027 forecast may vary from ₹127.49 to ₹140.67.

Influencing Key Factors Of Canara Bank Share Price Target 2027

• Vehicle Loans Facility Of Canara Bank
• For Vehicle Loans, the company provides up to 90% financing for new Vehicles and minimal process charges with a lower rate of interest. The bank also provides the Canara Green Wheels Loan, the loan is available to buy pre-owned vehicles. The loan is financing for 2nd & subsequent vehicle purchases.
• Increases Interest Income Amount Of The Bank
• The Interest Income amount of the bank was ₹26839 Crore in September 2023 which increased to ₹29745 Crore in September 2024 which increased to 10.82% yearly.
• Data And Analytic Center
• Canara Bank set a new standard in the Banking Sector with cutting-edge data and analytic centers in Bengaluru in January 2024. The DnA center stands as a beacon of innovation to drive collaboration and excellence. This division of the bank promises enhanced operational efficiency and an elevated customer experience.

Month	Canara Bank Share Price Target 2027 (1st Price Target)	Canara Bank Share Price Target 2027 (2nd Price Target)
January	₹127.49	₹133.68
February	₹130.76	₹136.74
March	₹135.18	₹139.22
April	₹137.07	₹142.91
May	₹139.46	₹143.67
June	₹140.26	₹145.39
July	₹144.37	₹146.62
August	₹144.19	₹149.38
September	₹147.02	₹152.37
October	₹150.60	₹156.12
November	₹121.39	₹130.85
December	₹132.45	₹140.67

Canara Bank Share Price Target 2028

Canara Bank Share Price Target 2028 forecast may vary from ₹142.38 to ₹159.38.

Influencing Key Factors Of Canara Bank Share Price Target 2028

• New Digital Initiatives By The Bank
• Some of the digital initiatives taken by the bank as that customers can make inquiries such as an EMI calculator, account balance, Loan Interest Rates, etc from a pre-login page of the mobile/internet banking application. The Gold Loan facility of the company also successfully live on the digital leading platform on 17.09.2024. Introduction of multiple billing cycle options to credit cards of the customers, etc.
• Increasing E-Transactions Of The Bank
• The company’s E-Transaction facility increasing rapidly. In the year 2024, the September E-Transaction amount was ₹859.56 Crore which increased to ₹1,100.50 Crore in September 2024.
• Increasing Credit Card Facility
• The Credit Card facility of Canara Bank is increasing rapidly. In September 2023 the amount of credit card holders was 8.06 lakh which increased to 9.60 lakhs in September 2024 which became a big facility for customers.

Month	Canara Bank Share Price Target 2028 (1st Price Target)	Canara Bank Share Price Target 2028 (2nd Price Target)
January	₹142.38	₹149.76
February	₹148.95	₹156.49
March	₹155.07	₹162.37
April	₹158.48	₹167.18
May	₹165.86	₹172.55
June	₹170.55	₹178.42
July	₹176.27	₹184.46
August	₹183.46	₹187.08
September	₹185.05	₹190.52
October	₹152.82	₹158..99
November	₹156.37	₹162.44
December	₹149.18	₹159.38

Canara Bank Share Price Target 2030

Canara Bank Share Price Target 2030 forecast may vary from ₹176.27 to ₹201.35.

Influencing Key Factors Of Canara Bank Share Price Target 2030

• Company’s Own Brunches Number Increasing
• The General Branches number of the company was 8758 in September 2023 which increased to 9035 in September 2024. The Domestic Branches number of the company was 9516 in September 2023 which increased to 9658 in September 2024.
• Increasing Housing Loan Facility Of The Company
• Canara Bank increasingly provided housing loans and vehicle loan facilities. In the financial year 2023 (September) the company’s provided housing loan amount was ₹88564 Crore which increased to ₹99452 Crore on September 2024 increased 12.30%.
• Increased The Cost Of Funds Percentage
• The Cost Of Funds percentage was 4.98% in September 2023 which increased to 5.28% in September 2024. The Cost Of Deposits percentage was 5.37% in September 2023 which increased to 5.71% in September 2024.

Month	Canara Bank Share Price Target 2030 (1st Price Target)	Canara Bank Share Price Target 2030 (2nd Price Target)
January	₹176.27	₹182.34
February	₹180.99	₹188.07
March	₹187.08	₹194.37
April	₹190.37	₹196.76
May	₹195.68	₹199.17
June	₹184.29	₹188.32
July	₹187.54	₹192.37
August	₹189.76	₹194.27
September	₹192.33	₹196.38
October	₹194.04	₹199.37
November	₹185.96	₹188.26
December	₹187.64	₹201.35

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Canara Bank Share Price Target 2040

Canara Bank Share Price Target 2040 forecast may vary from ₹452.38 to ₹481.37.

Influencing Key Factors Of Canara Bank Share Price Target 2040

Established Foreign Branches

Canara Bank Limited established its foreign branches in the United Kingdom, China, Hong Kong, and many other countries.

• Increasing Retail Loans Of Canara Bank Limited
• The company’s Retail Loan amount was ₹14209 Crore on September 2023 which increased to 31.27% and reached ₹194556 Crore on September 2024.
• Increasing Loan Amount In Agricultural & Allied Field
• In the Agricultural & Allied Field loans amount was ₹236953 Crore in September 2023 which increased to ₹242930 Crore in September 2024 which increased 24% every year.
• Initiative For Senior Citizens
• To provide optimum services to the senior citizen the company also focuses on providing services to the senior citizen. The bank also waived the service charges under doorstep banking for a maximum species to provide a better experience to customers.

Year	Canara Bank Share Price Target 2040
1st Price Target	₹452.38
2nd Price Target	₹481.37

The Few Year’s Performance Of Canara Bank Limited

NIM (Net Interest Margin)

The company’s last 5 year’s NIM percentage is described in the below portion.

• In the last 5 years 2.59%
• In the last 3 years 2.48%
• In the last 1 year 2.54%

ROE Percentage

The company’s last 5 year’s ROE percentage is described below.

• In the last 5 years 9.58%
• In the last 3 years 16.01%
• In the last 1 year 20.59%

ROA Percentage

The company’s last 5 year’s ROA percentage is described below.

• In the last 5 years 0.47%
• In the last 3 years 7.25%
• In the last 1 year 7.63%

Net NPA Percentage

The company’s last 5 year’s Net NPA percentage is described below.

• In the last 5 years 2.75%
• In the last 3 years 1.89%
• In the last 1 year 1.28%

Total Liabilities Amount

The Total Liabilities amount of the company was ₹13,45,733.56 Crore in March 2023 which increased to ₹14,92,541.59 Crore in March 2024.

Taxes Amount

The Tax amount of the company was ₹3,615.85 Crore in March 2023 which increased to ₹5,243.96 Crore in March 2024.

The Net Profit Amount

The Net Profit Amount of the company was ₹10,605.85 Crore in March 2023 which increased to ₹14,601.85 Crore in March 2024.

NPM Percentage

The NPM Percentage of the company was 13.46% in September 2023 which increased to 13.60% in September 2024.

Other Income Amount

The Other Income Amount was ₹4,635.89 Crore in September 2023 which increased to ₹4,983 Crore in September 2024.

Discussion About Share Holding Pattern Of Canara Bank Limited

Canara Bank Limited mainly has four types of shareholding patterns: promoter holding, public holding, DII, and FII. We can majorly influence the company’s growth depending on the shareholding pattern.

Investor Type	Percentage
Promoter Holding (Owned by the company’s promoter)	63.10%
Public Holding (Held by the public)	14.20%
FII (Invest by Foreign Institutional Investor)	11.00%
DII (Invest money by Domestic Institutional Investor)	11.70%

Peers Company Of Canara Bank Limited

Company Name	Market Cap (Crore)
HDFC Bank Limited	₹14,24,852.36
ICICI Bank Limited	₹9,42,250.49
State Bank Of India	₹7,72,846.52
Axis Bank Limited	₹3,62,224.59
Kotak Mahindra Bank Limited	₹3,54,357.26

Canara Bank Share Price Target Prediction In The Last Few Years

Canara Bank Share is under both the Indian Stock Exchange BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).

• The last 1 month’s share growth was +4.13 (3.94%).
• The last 6 months’ share growth was -9.70 (-8.16 %).
• The last 1 year’s share growth was +22.08 (25.34%).
• The last 5 year’s share growth was +67.56 (162.25%).
• The maximum share growth was +99.41 (1,015.42%).

• Canara Bank Share Price return percentage was 3.88% in the last 1 month.
• The last 3 month’s share price return percentage was 5.76%.
• The last 1 year’s share price return percentage was 24.95%.
• The last 3 year’s share price return percentage was 170.10%.
• The last 5 year’s share price return percentage was 163.25%.

Canara Bank Share always gives good returns to investors. If anyone wants to invest in the share it will be profitable in the long term basis.

Risk Factors Of Canara Bank Share

• Any type of economic crisis may change the company’s profit growth.
• Any changes in governmental and RBI policies may change the company’s rules.
• The company has a low presence in the International market.
• Any changes in interest rate may affect the Canara Bank’s profit growth.
• The banking sector is highly competitive in different banking sectors.

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FAQ

Conclusion

This website is written to help the investor gain some basic knowledge about the market strategy of Canara Bank Share. For making this blog we take consultation from expertise and doing research about the company. It is expected that the Canara Bank Share Price Target will be a good choice to invest in on a long-term basis. The demand for the banking sector in India and outside of the country always increases as a result of the company and the share may increase rapidly.

We try to give an in-depth idea about the share. If you think it is helpful to you you can share it. If you have any questions please let us know through the comment box we will try to reply to your questions and solve your problem. Thanks for visiting this website and thanks for being with us.

Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.