Share of Canara Bank Limited is currently trading at around Rs.108/-Existing as well as Prospective Investors are asking for Canara Bank Share Price Target 2025 as well as targets for 2030,2035 & 2040. In this article, we will discuss about the business prospects and financial performance of the Bank and based on our discussion and analysis will tell you about the Canara Bank Share Price Target 2025 as well as targets for 2030, 2035 and 2040.
Discussion & Analysis of Business & Financial performance with future Business Prospects of Canara Bank Ltd:
Canara Bank Ltd has demonstrated robust financial performance in FY2024–25, positioning itself for sustained growth in the coming years.
Financial Performance
In Q4 FY25, Canara Bank reported a significant 33% year-on-year (YoY) increase in net profit, reaching ₹5,004 crore, up from ₹3,757 crore in the same quarter of the previous year. This growth was primarily driven by a 22% rise in other income, including fees, commissions, and treasury earnings. However, net interest income (NII) experienced a marginal decline of 1.44% YoY to ₹9,442 crore, attributed to a decrease in net interest margin (NIM) from 3.07% to 2.73
For the full fiscal year FY25, the bank’s net profit stood at ₹17,027 crore, marking a 17% YoY growth. The bank’s asset quality improved, with gross non-performing assets (GNPA) reducing to 2.94% from 4.23% a year earlier, and net NPA declining to 0.70% from 1.27%. The provision coverage ratio (PCR) also improved to 92.70%.
Business Growth
Canara Bank’s global advances grew by 11.74% YoY, with domestic credit increasing by 11.06% to ₹10 trillion. Retail advances and corporate loans registered YoY growth of 13.23% and 9.83%, respectively. Global deposits rose by 11.01% to ₹14.06 trillion, with domestic deposits expanding by 9.56% YoY to ₹13.31 trillion. The share of low-cost deposits—Current Account and Savings Account (CASA)—stood at 31.17% in March 2025.
Future Prospects
Looking ahead, Canara Bank plans to disburse ₹50,000–55,000 crore in corporate loans over the coming months to strengthen its presence in the corporate sector. The bank aims for a 10–11% credit growth and around 9% deposit growth in FY26. It also expects NIM to remain around 2.75–2.80%, acknowledging potential pressure due to anticipated rate cuts.
The bank’s capital adequacy ratio stood at 16.39%, with a core buffer of 12.09%, providing a solid foundation for future growth. Canara Bank is also focusing on digital transformation, aiming to enhance its digital banking platform and introduce more AI-driven services to improve customer engagement and operational efficiency.
In summary, Canara Bank Ltd’s strong financial performance, improved asset quality, and strategic initiatives position it well for continued growth in the evolving banking landscape.
Share Price Targets:
Canara Bank Share Price Target 2025
Based on the above discussion and analysis, the share price of Canara Bank Ltd is likely to touch the level of around Rs.120-130 in 2025
Canara Bank Share Price Target 2030
Based on the above discussion and analysis, the share price of Canara Bank Ltd is likely to touch the level of around Rs.275-300 in 2030
Canara Bank Share Price Target 2035
Based on the above discussion and analysis, the share price of Canara Bank Ltd is likely to touch the level of around Rs.550-600 in 2035
Canara Bank Share Price Target 2040
Based on the above discussion and analysis, the share price of Canara Bank Ltd is likely to touch the level of around Rs.1400-1500 in 2040
Disclaimer: Investments in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. News4You does not offer investment advice and does not encourage any action based on its content.
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