Indian Bank vs Canara Bank: share price & financials comparison
NSE: INDIANB vs CANBK · Financial Services · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Indian Bank vs Canara Bank at a glance
Indian Bank (INDIANB) has a market capitalisation of ₹1,25,651 Cr, against ₹1,18,744 Cr for Canara Bank (CANBK). Over the past year Indian Bank has returned +6.9%, compared with -6.2% for Canara Bank. On valuation, Canara Bank trades at a lower P/E of 5.8 versus 9.5. Canara Bank earns a higher return on equity (15.9% vs 15.2%). Indian Bank comes out ahead on profitability, growth, momentum and technicals. Canara Bank comes out ahead on size and valuation. Across the scored metrics below, Indian Bank leads on 11 and Canara Bank on 6. On StoxGud's 10-point checklist, Indian Bank scores 7/10 and Canara Bank scores 4/10.
| Metric | Indian Bank | Canara Bank |
|---|---|---|
| Size | ||
| Market cap | ₹1,25,651 Cr | ₹1,18,744 Cr |
| Revenue (latest FY) | ₹78,333 Cr | ₹1,53,083 Cr |
| Net profit (latest FY) | ₹11,704 Cr | ₹17,873 Cr |
| Valuation | ||
| P/E | 9.5 | 5.8 |
| P/B | 1.45 | 0.93 |
| Dividend yield | 1.74% | 3.06% |
| Profitability | ||
| Return on equity | 15.2% | 15.9% |
| Net profit margin | 15.6% | 13.6% |
| Operating margin | 27.3% | 21.9% |
| Growth | ||
| Revenue growth (YoY) | +21.1% | -2.6% |
| Net profit growth (YoY) | +13.9% | +11.0% |
| Revenue CAGR (multi-year) | +11.4% | +16.4% |
| Momentum | ||
| 1-month return | +10.8% | +8.7% |
| 1-year return | +6.9% | -6.2% |
| 3-year CAGR | +27.8% | +17.4% |
| 5-year CAGR | +41.3% | +23.6% |
| 10-year CAGR | +14.1% | +7.6% |
| Distance from 52W high | -5.9% | -17.6% |
| Technicals | ||
| RSI (14) | 78 | 77 |
| Price vs 200-day avg | +7.5% | -1.0% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Indian Bank | Canara Bank |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✓ | ✗ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✗ | ✗ |
| Positive 1-year return | ✓ | ✗ |
| Return on equity above 15% | ✓ | ✓ |
| Debt to equity below 1 | ✗ | ✗ |
| Revenue growing year on year | ✓ | ✗ |
| Net profit margin above 10% | ✓ | ✓ |
| P/E below industry median | ✓ | ✓ |
| Score | 7/10 | 4/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Indian Bank or Canara Bank?
Indian Bank has a market cap of ₹1,25,651 Cr and Canara Bank has a market cap of ₹1,18,744 Cr as of 13 Nov 2026.
Which has a lower P/E, Indian Bank or Canara Bank?
Canara Bank has the lower P/E: Indian Bank trades at 9.5 and Canara Bank at 5.8.
Which gave better returns in the last year, Indian Bank or Canara Bank?
Indian Bank did better: Indian Bank returned +6.9% and Canara Bank returned -6.2% over one year.
What is the difference between Indian Bank and Canara Bank?
Both are NSE-listed companies in Financial Services. They are about the same size by market cap (₹1,25,651 Cr vs ₹1,18,744 Cr). In the latest financial year Indian Bank reported revenue of ₹78,333 Cr and Canara Bank ₹1,53,083 Cr. Operating margin is 27.3% for Indian Bank and 21.9% for Canara Bank.
Which is better, Indian Bank or Canara Bank?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Indian Bank leads on 11 and Canara Bank on 6. Indian Bank is ahead on profitability, growth, momentum and technicals. Canara Bank is ahead on size and valuation. On StoxGud's rules-based checklist Indian Bank scores 7/10 and Canara Bank scores 4/10. This is information, not advice: consult a SEBI-registered adviser before investing.