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Federal Bank vs IDBI Bank vs Canara Bank: Which Stock Should You Track

  • October 7, 2026
  • Posted by: Ankit Jaiswal
  • Category: Market
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Federal Bank vs IDBI Bank vs Canara Bank: Which Stock Should You Track

Federal Bank PE 16.79, mkt cap Rs 81,349 crore. IDBI Bank PE 9.71, mkt cap Rs 90,750 crore. Canara Bank PE 5.72, mkt cap Rs 1,13,338 crore.

Quick Answer

Federal Bank vs IDBI Bank vs Canara Bank is a side-by-side comparison of three companies from the Banks space. On this comparison, Federal Bank carries a market capitalisation of about Rs 81,349 crore against Rs 90,750 crore for IDBI Bank and Rs 1,13,338 crore for Canara Bank, with return on equity of 12.17%, 15.39% and 16.94% respectively. Each company’s numbers are presented here without a declared better pick, since the right stock depends on an investor’s own criteria.

Federal Bank vs IDBI Bank vs Canara Bank starts with the core numbers most investors compare within the Banks segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of October 2026 and will shift with daily price moves.

All three names sit in the Banks bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.

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Table of Contents

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  • Federal Bank, IDBI Bank and Canara Bank: Company Overview
  • Federal Bank vs IDBI Bank vs Canara Bank: Valuation and Profitability Snapshot
  • Federal Bank vs IDBI Bank vs Canara Bank: Latest Quarterly Results
  • What Should Investors Look at Beyond These Numbers?
  • Conclusion
  • FAQs on Federal Bank vs IDBI Bank vs Canara Bank
    • What is the market cap difference between Federal Bank, IDBI Bank and Canara Bank?
    • Which of the three has the highest PE ratio?
    • Which of the three has the highest ROE?
    • Which of these three stocks pays the highest dividend yield?
    • What is the debt to equity ratio for Federal Bank, IDBI Bank and Canara Bank?
    • Which of the three trades at the highest price to book value?
    • Is one of Federal Bank, IDBI Bank or Canara Bank better than the others?

Federal Bank, IDBI Bank and Canara Bank: Company Overview

Federal Bank is a listed Indian company in the Banks space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

IDBI Bank is a listed Indian company in the Banks space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

Canara Bank is a listed Indian company in the Banks space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

Federal Bank vs IDBI Bank vs Canara Bank: Valuation and Profitability Snapshot

Metric Federal Bank IDBI Bank Canara Bank
Market Cap (approx.) Rs 81,349 crore Rs 90,750 crore Rs 1,13,338 crore
PE Ratio (TTM) 16.79 9.71 5.72
PB Ratio 2.11 1.50 0.97
Return on Equity (ROE) 12.17% 15.39% 16.94%
EPS (TTM, Rs) 19.59 8.69 21.86
Dividend Yield 0.36% 0.00% 3.36%
Debt to Equity NA (bank) NA (bank) NA (bank)
Book Value per Share (Rs) 155.69 56.31 129.21

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On valuation, Federal Bank trades at a PE of 16.79 and a PB of 2.11, IDBI Bank at a PE of 9.71 and a PB of 1.50, while Canara Bank trades at a PE of 5.72 and a PB of 0.97. On return on equity, the three post 12.17%, 15.39% and 16.94% respectively, and on dividend yield they stand at 0.36%, 0.00% and 3.36%.

Federal Bank vs IDBI Bank vs Canara Bank: Latest Quarterly Results

Company Latest Quarter Revenue Latest Quarter Net Profit YoY Change (Revenue) QoQ Change (Revenue)
Federal Bank Rs 8,943.11 crore Rs 1,297.61 crore +7.5% -2.1%
IDBI Bank Rs 8,633.28 crore Rs 2,130.57 crore +1.6% -9.3%
Canara Bank Rs 39,695.71 crore Rs 4,864.08 crore -4.2% +8.6%

Quarterly figures above are the most recent reported quarter for each company (Q1 FY27, quarter ended June 2026), compared with the year-ago and preceding quarter.

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What Should Investors Look at Beyond These Numbers?

Beyond the metrics above, investors comparing these three banks names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.

Conclusion

Federal Bank vs IDBI Bank vs Canara Bank highlights how differently three companies in the same banks segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.

Disclaimer: Data and figures in this article are sourced from publicly available information as of October 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs on Federal Bank vs IDBI Bank vs Canara Bank

What is the market cap difference between Federal Bank, IDBI Bank and Canara Bank?

Ans. As of October 2026, Federal Bank has a market cap of approximately Rs 81,349 crore, IDBI Bank is at approximately Rs 90,750 crore, and Canara Bank is at approximately Rs 1,13,338 crore.

Which of the three has the highest PE ratio?

Ans. Among Federal Bank, IDBI Bank and Canara Bank, the PE ratios stand at 16.79, 9.71 and 5.72 respectively as of October 2026.

Which of the three has the highest ROE?

Ans. Federal Bank, IDBI Bank and Canara Bank post ROE of 12.17%, 15.39% and 16.94% respectively as of October 2026.

Which of these three stocks pays the highest dividend yield?

Ans. Federal Bank, IDBI Bank and Canara Bank carry dividend yields of 0.36%, 0.00% and 3.36% respectively.

What is the debt to equity ratio for Federal Bank, IDBI Bank and Canara Bank?

Ans. Federal Bank carries a debt to equity of NA (bank), IDBI Bank of NA (bank), and Canara Bank of NA (bank).

Which of the three trades at the highest price to book value?

Ans. Federal Bank, IDBI Bank and Canara Bank trade at price to book ratios of 2.11, 1.50 and 0.97 respectively.

Is one of Federal Bank, IDBI Bank or Canara Bank better than the others?

Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor’s own criteria and research.



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Author: Ankit Jaiswal
Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.

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