MoneyWorks4Me

Canara Bank reports net profit of Rs 214.18 crore in Q4FY17

08 May 2017 Evaluate

Canara Bank has reported results for the fourth quarter and year ended March 31, 2017.

The Bank has posted a net profit of Rs 214.18 crore for the quarter ended March 31, 2017 as compared to a net loss of Rs 3905.49 crore for the same quarter in the previous year. Total income of the Bank increased by 6.38% at Rs 12889.20 crore for quarter under review as compared to Rs 12116.14 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the Bank has posted a net profit of Rs 1121.92 crore as compared to a net loss of Rs 2812.82 crore for the same period in the previous year. Total income of Bank increased marginally by 0.09% at Rs 48942.04 crore for year under review as compared to Rs 48897.36 crore for the period ended March 31, 2016.


Peers
Company Name CMP
State Bank Of India 959.00
PNB 112.00
Bank Of Baroda 232.35
Canara Bank 118.60
Union Bank Of India 168.10
View more..