GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canara Bank (NSE:CANBK) » Definitions » Shares Outstanding (EOP)

Canara Bank (NSE:CANBK) Shares Outstanding (EOP) : 9,071 Mil (As of Sep. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Canara Bank Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Canara Bank's shares outstanding for the quarter that ended in Sep. 2024 was 9,071 Mil.

Canara Bank's quarterly shares outstanding stayed the same from Jun. 2024 (9,071 Mil) to Sep. 2024 (9,071 Mil).

Canara Bank's annual shares outstanding stayed the same from Mar. 2023 (9,071 Mil) to Mar. 2024 (9,071 Mil).


Canara Bank Shares Outstanding (EOP) Historical Data

The historical data trend for Canara Bank's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canara Bank Shares Outstanding (EOP) Chart

Canara Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,151.17 8,233.69 9,070.65 9,070.65 9,070.65

Canara Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,070.65 9,070.65 9,070.65 9,070.65 9,070.65

Competitive Comparison of Canara Bank's Shares Outstanding (EOP)

For the Banks - Regional subindustry, Canara Bank's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canara Bank's Shares Outstanding (EOP) Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Canara Bank's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Canara Bank's Shares Outstanding (EOP) falls into.



Canara Bank Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Canara Bank  (NSE:CANBK) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Canara Bank Shares Outstanding (EOP) Related Terms

Thank you for viewing the detailed overview of Canara Bank's Shares Outstanding (EOP) provided by GuruFocus.com. Please click on the following links to see related term pages.


Canara Bank Business Description

Traded in Other Exchanges
Address
No. 112, J C Road, Town Hall, Bengaluru, KA, IND, 560002
Canara Bank is an India-based commercial bank. The company's core businesses consist of Retail Banking Operations which derives its key revenue, Treasury Operations, and Corporate and Wholesale Banking Operations. It conducts a broad range of banking activities serving large and midsize corporations. Its priority sector and retail sector lending business offer funding services to the priority and retail sectors, such as loans to agriculture, housing, and educational institutions. The company owns a large branch network across India, with several branches in overseas cities such as New York, London, and Dubai.

Canara Bank Headlines

No Headlines