Canara Bank Share Price Target From 2026 to 2030: Canara Bank is a leading public sector bank that provides banking services to individual and business customers. It offers services such as savings accounts, fixed deposits, home loans, personal loans, credit cards, and debit cards. It also provides trade finance, cash management, and treasury services for businesses. The bank promotes digital banking and emphasizes financial inclusion in rural areas. Here we will discuss Canara Bank’s share price target from 2026 to 2030, fundamental analysis, and its shareholding pattern.
Canara Bank Fundamental Analysis
- Market Cap: ₹1,40,550 Cr.
- ROE: 17.62%
- P/E Ratio: 8.03
- P/B Ratio: 1.29
- Debt-to-Equity: NA
- EPS (TTM): 19.29
- Dividend Yield: 2.58%
- Book Value: ₹119.89
- Face Value: ₹2
Canara Bank Share Price Target 2026
Canara Bank maintains a strong position in the stock market, and the growing demand in the banking sector will propel it to new heights in the coming years. The bank’s financial results are consistently improving, boosting investor confidence. Due to the rapid expansion of digital banking and its reach to rural areas, the share price is expected to reach between ₹155 and ₹170 by 2026. Government policies are also strengthening public sector banks. Increased lending and better control over non-performing assets will improve profit margins. Overall, this year will offer excellent investment opportunities.
Canara Bank Share Price Target 2027
With increasing competition in the banking industry, Canara Bank is further expanding its services. New product launches and a growing customer base are keeping the bank on a path of continuous growth. Based on economic reforms and interest rate stability, the share price is projected to be between ₹170 and ₹190 by 2027. Demand for corporate loans will increase, and the bank’s management will effectively manage risks. Furthermore, technological upgrades will increase transaction speed.
Canara Bank Share Price Target 2028
As economic growth accelerates, institutions like Canara Bank will benefit. The bank has adapted itself to the digital age, attracting younger customers. By 2028, the share price could reach between ₹190 and ₹215, as India’s role in global trade strengthens. Reduced NPAs and an improved capital adequacy ratio will maintain a positive market sentiment. The expansion of the bank’s branches will also increase revenue. In the future, this bank will become a strong component of investment portfolios.
Canara Bank Share Price Target 2029
The banking sector is undergoing a period of innovation, and Canara Bank is at the forefront. The focus on sustainable financing and green projects will enhance the bank’s image. By 2029, due to a strong balance sheet and government support, the share price is likely to reach a minimum of ₹215 and a maximum of ₹260. Retail loan demand will increase, and digital platforms have reduced costs. Investors will receive good returns. This year will prove to be transformative for the bank.
Canara Bank Share Price Target 2030
Canara Bank is a reliable option for long-term investment. Economic stability and population growth will increase the need for banking services. By 2030, the share price could stabilize between a minimum of ₹260 and a maximum of ₹320, as the bank expands rapidly across the country. Profitability will improve, and the dividend policy will become more attractive. Expertise in risk management will help navigate market fluctuations. This investment journey will prove rewarding.
Canara Bank Share Price Target From 2026 to 2030
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹155 | ₹170 |
| 2027 | ₹170 | ₹190 |
| 2028 | ₹190 | ₹215 |
| 2029 | ₹215 | ₹260 |
| 2030 | ₹260 | ₹320 |
Canara Bank Shareholding Pattern
- Retail And Others: 12.92%
- Promoters: 62.93%
- Foreign Institutions: 11.90%
- Mutual Funds: 5.71%
- Other Domestic Institutions: 6.53%
Disclaimer
This article is for educational and informational purposes only. It is not any investment advice. Before making any investment-related decision, make sure to consult your financial advisor.