Canara Bank (BOM:532483) Total Assets : ₹16,215,714 Mil (As of Sep. 2024)

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What is Canara Bank Total Assets?

Canara Bank's Total Assets for the quarter that ended in Sep. 2024 was ₹16,215,714 Mil.

During the past 12 months, Canara Bank's average Total Assets Growth Rate was 9.60% per year. During the past 3 years, the average Total Assets Growth Rate was 11.40% per year. During the past 5 years, the average Total Assets Growth Rate was 17.80% per year. During the past 10 years, the average Total Assets Growth Rate was 12.30% per year.

During the past 13 years, Canara Bank's highest 3-Year average Total Assets Growth Rate was 23.70%. The lowest was 4.50%. And the median was 14.90%.

Total Assets is connected with ROA %. Canara Bank's annualized ROA % for the quarter that ended in Sep. 2024 was 1.05%. Total Assets is also linked to Revenue through Asset Turnover. Canara Bank's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Canara Bank Total Assets Historical Data

The historical data trend for Canara Bank's Total Assets 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.

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Canara Bank Total Assets Chart

Canara Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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7,414,402.70

11,795,396.00

12,587,887.49

13,810,295.62

15,350,176.37

Canara Bank Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															14,646,512.30	15,099,511.80	15,350,176.37	15,764,792.70	16,215,713.90

Canara Bank Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Canara Bank's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	931336.664	+	14418839.704
	=	15,350,176

Canara Bank's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	1036030.9	+	15179683
	=	16,215,714

Canara Bank (BOM:532483) Total Assets Explanation

Total Assets is connected with ROA %.

Canara Bank's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	167510.4	/	( (15764792.7	+	16215713.9)	/ 2 )
	=	167510.4	/	15990253.3
	=	1.05 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Canara Bank's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	175788.6	/	( (15764792.7	+	16215713.9)	/ 2 )
=	175788.6	/	15990253.3
=	0.01

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Canara Bank Total Assets Related Terms

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Canara Bank Business Description

Industry

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Traded in Other Exchanges

CANBK:India

Address

No. 112, J C Road, Town Hall, Bengaluru, KA, IND, 560002

Website

https://www.canarabank.com

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

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