Canara Bank (NSE:CANBK) Tax Provision: ₹-59,609 Mil (TTM As of Jun. 2026)

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NSE:CANBK Canara Bank NSE:CANBK
57 GF Score
Price ₹130.30
GF Value ₹100.50
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Canara Bank Tax Provision?

Canara Bank NSE:CANBK +1.01% 57 Tax Provision is ₹-59,609 Mil as of Jun. 2026. GuruFocus rates NSE:CANBK with a GF Score™ of 57/100 and a GF Value™ of ₹100.50 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Canara Bank's tax provision for the three months ended in Jun. 2026 was ₹-17,028 Mil. Its tax provision for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-59,609 Mil.

Canara Bank Tax Provision Historical Data

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The historical data trend for Canara Bank's Tax Provision 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.

Canara Bank Tax Provision Chart

Canara Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33,499.00 -36,188.60 -52,172.00 -56,890.30 -57,302.30

Canara Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Provision 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 -14,721.40 -14,847.80 -15,103.30 -12,629.80 -17,028.10
NSE:CANBK
57GF Score
Canara Bank NSE:CANBK
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Canara Bank Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-59,609 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of ₹-59,609 Mil mean?
Canara Bank (NSE:CANBK) has a Tax Provision of ₹-59,609 Mil as of Jun. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Canara Bank and its competitors.
Is Canara Bank's Tax Provision too high?
Canara Bank's current Tax Provision is ₹-59,609 Mil. Overall, Canara Bank has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canara Bank's Tax Provision compare to competitors?
Canara Bank's Tax Provision of ₹-59,609 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Banks company?
A good Tax Provision depends on the Banks industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Canara Bank and its competitors. Canara Bank's current Tax Provision is ₹-59,609 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canara Bank stock overvalued right now?
Based on GuruFocus' analysis, Canara Bank (NSE:CANBK) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹100.50, compared to a current price of ₹130.30 — trading 29.7% above its estimated fair value. The current Tax Provision is ₹-59,609 Mil. Canara Bank's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Canara Bank (NSE:CANBK), the current Tax Provision is ₹-59,609 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canara Bank (NSE:CANBK) Overvalued in 2026?

Based on GuruFocus' analysis, Canara Bank stock appears to be overvalued. The current stock price of ₹130.30 is trading 29.7% above its estimated GF Value™ of ₹100.50. GuruFocus considers Canara Bank to be Modestly Overvalued.

Key valuation signals for NSE:CANBK:

  • Tax Provision: ₹-59,609 Mil
  • GF Value™: ₹100.50 vs. price of ₹130.30 (29.7% above fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the NSE:CANBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Canara Bank Business Description

Other Exchanges 532483:India
Address No. 112, J C Road, Town Hall, Bengaluru, KA, IND, 560002
Canara Bank is an India-based commercial bank. The Bank's core business activities are closely aligned with national development priorities, with focus on financing agriculture, education, housing, social infrastructure, renewable energy, microfinance and extending credit support to vulnerable sections. Its core segments are Treasury, Corporate / Wholesale Banking, Retail Banking, and Other Banking Business. The bank generates majority of revenue from Retail Banking include conventional deposit products such as savings, current and term deposit accounts, along with investment solutions through mutual funds and insurance offerings. The bank has presence in India and also Has international presence of which majority of revenue comes from India.
57GF Score

Get the complete analysis for NSE:CANBK

Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹130.30
Price
₹100.50
GF Value