Canara Bank (NSE: CANBK)

Canara Bank Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest Income on Loans	1,156,224	1,105,188	858,847	706,138	702,533	497,588
Interest Paid on Deposits	778,077	721,176	529,901	430,355	451,825	358,172
Net Interest Income	393,255	384,012	328,947	275,783	250,708	139,416
Net Interest Income Growth (YoY)	7.97%	16.74%	19.28%	10.00%	79.83%	-10.70%
Gain (Loss) on Sale of Assets	-14.58	163.12	3,088	144.21	287.03	-13.41
Gain (Loss) on Sale of Investments	63,492	46,980	18,387	40,951	62,896	7,144
Other Non-Interest Income	245,052	239,319	231,776	195,335	167,678	110,864
Total Non-Interest Income	308,529	286,462	253,250	236,431	230,862	117,994
Non-Interest Income Growth (YoY)	15.74%	13.11%	7.11%	2.41%	95.66%	19.10%
Revenues Before Loan Losses	701,784	670,473	582,197	512,214	481,570	257,410
Provision for Loan Losses	89,168	97,109	135,476	141,527	159,905	111,875
Revenue	612,616	573,364	446,721	370,687	321,665	145,535
Revenue Growth (YoY)	18.89%	28.35%	20.51%	15.24%	121.02%	16.85%
Salaries and Employee Benefits	182,934	171,123	142,927	132,087	130,995	75,011
Occupancy Expenses	28,903	28,903	28,491	26,699	25,540	15,982
Selling, General & Administrative	7,746	7,746	8,177	5,792	6,118	3,803
Other Non-Interest Expense	184,002	165,598	122,859	114,658	120,196	65,873
Total Non-Interest Expense	398,252	367,183	297,086	275,604	280,303	159,655
EBT Excluding Unusual Items	214,364	206,181	149,634	95,083	41,361	-14,120
Pretax Income	214,364	206,181	149,634	95,083	41,361	-14,120
Income Tax Expense	52,942	52,172	36,189	33,499	11,796	5,090
Earnings From Continuing Operations	161,422	154,009	113,446	61,584	29,566	-19,210
Minority Interest in Earnings	-1,450	-1,224	-898.44	-336.04	-659.61	-654.25
Net Income	159,972	152,786	112,547	61,248	28,906	-19,864
Net Income to Common	159,972	152,786	112,547	61,248	28,906	-19,864
Net Income Growth	15.04%	35.75%	83.76%	111.89%	-	-
Basic Shares Outstanding	9,072	9,072	9,072	8,739	7,562	4,218
Diluted Shares Outstanding	9,072	9,072	9,072	8,739	7,562	4,218
Shares Change (YoY)	-0.00%	-	3.81%	15.57%	79.29%	14.57%
EPS (Basic)	17.63	16.84	12.41	7.01	3.82	-4.71
EPS (Diluted)	17.63	16.84	12.41	7.01	3.82	-4.71
EPS Growth	15.04%	35.75%	77.01%	83.35%	-	-
Dividend Per Share	3.220	3.220	2.400	1.300	-	-
Dividend Growth	34.17%	34.17%	84.62%	-	-	-
Effective Tax Rate	24.70%	25.30%	24.18%	35.23%	28.52%	-

Source: S&P Capital IQ. Banks template. Financial Sources.