Canara Bank operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Canara Bank with three other
companies in this sector in India:
Bank of Baroda
sales of 517.89 billion Indian Rupees [US$7.77 billion]
of which 43%
was Wholesale Banking),
Bank of India
(457.64 billion Indian Rupees [US$6.86 billion]
of which 44%
was Wholesale Banking Operations), and
Axis Bank Limited
(513.58 billion Indian Rupees [US$7.70 billion]
of which 37%
was Corporate Banking).
Canara Bank reported sales of 491.71 billion Indian Rupees (US$7.38 billion)
March of 2016.
a very small
increase of 1.3%
versus 2015, when the company's sales were 485.32 billion Indian Rupees.
Sales at Canara Bank have increased during each of the previous five years
(and since 2011, sales have increased a total of 90%).
Sales of Retail Banking Operations saw an increase
that was more than double the company's growth rate: sales were up
22.9% in 2016, from
125.82 billion Indian Rupees to 154.59 billion Indian Rupees.
Canara Bank also saw significant increases in sales in
Treasury Operations (up 5.0% to 128.11 billion Indian Rupees)
Not all segments of Canara Bank experienced an increase in sales in 2016:
sales of Unallocated fell 45.2% to 5.18 billion Indian Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).
Canara Bank also experienced decreases in sales in
Wholesale Banking Operations (down 10.7% to 203.82 billion Indian Rupees)