Bank of Baroda vs Canara Bank: share price, P/E, ROE and financials compared
Bank of Baroda
Canara Bank
Bank of Baroda and Canara Bank at a glance
Bank of Baroda and Canara Bank are both listed in Financial Services. Bank of Baroda is the larger by market cap, at ₹1.3L Cr against ₹1.1L Cr for Canara Bank. On valuation, Bank of Baroda has the lower price-to-book (0.74× against 0.87×), while Canara Bank has the lower P/E (5.5× against 6.5×). On returns and margins, Canara Bank has the higher ROE (15.1% against 11.9%). Over three years, Canara Bank has faster 3-year profit growth (+20.5% against +10.0% a year). Both are lenders or insurers, so ROCE, operating margin and debt-to-equity aren’t compared: those ratios don’t fit financial balance sheets.
Key metrics, side by side
| Metric | Bank of BarodaBANKBARODA | Canara BankCANBK |
|---|---|---|
| Price (₹) | 250.31 | 122.93 |
| Market cap (₹ Cr) | 1,29,444 | 1,11,506 |
| P/E | 6.5× | 5.5× (the lower figure, shaded) |
| P/B | 0.74× (the lower figure, shaded) | 0.87× |
| Dividend yield, trailing | 3.40% | 3.42% |
| ROE | 11.9% | 15.1% (the higher figure, shaded) |
| ROCE | n/m | n/m |
| Operating margin (OPM) | n/m | n/m |
| Net margin (NPM) | 28.4% | 46.5% (the higher figure, shaded) |
| Sales CAGR 3Y | n/m | n/m |
| Profit CAGR 3Y | +10.0% | +20.5% (the higher figure, shaded) |
| Debt to equity | n/m | n/m |
| Interest cover | n/m | n/m |
| Net profit TTM (₹ Cr) | 19,764 | 20,390 |
| 1Y return | −13.3% | −12.0% (the higher figure, shaded) |
| Promoter holding | – | 62.93% |
Bank of Baroda vs Canara Bank: common questions
Which is bigger, Bank of Baroda or Canara Bank?
By market cap, Bank of Baroda is bigger at ₹1.3L Cr, against ₹1.1L Cr for Canara Bank (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹19,764 Cr for Bank of Baroda and ₹20,390 Cr for Canara Bank.
Which has a lower P/E ratio, Bank of Baroda or Canara Bank?
Bank of Baroda trades at a P/E of 6.5× and Canara Bank at 5.5×. Canara Bank has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Bank of Baroda or Canara Bank?
Bank of Baroda reports a return on equity of 11.9% and Canara Bank 15.1%. Canara Bank has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Bank of Baroda or Canara Bank?
Over the last three years: profit grew +10.0% a year at Bank of Baroda and +20.5% at Canara Bank, so Canara Bank grew profit faster. Past growth doesn’t predict future growth.