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Canara Bank (CANBK) investor relations material

Canara Bank Q2 25/26 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 25/26 earnings summary30 Oct, 2025

Executive summary

  • Global business grew 13.55% year-over-year to INR 2,678,963 crore, with advances up 13.74% and deposits up 13.4%.

  • Net profit rose 18.93% year-over-year to INR 4,774 crore, and operating profit increased 12.2% to INR 8,588 crore.

  • Return on assets improved to 1.12% year-over-year; earnings per share at 21.01, up 20.68% year-over-year.

  • Unaudited standalone and consolidated financial results for H1 FY2025-26 showed continued growth in income and profitability.

  • Asset quality improved, with gross NPA at 2.35% (down 138 bps) and net NPA at 0.54% (down 45 bps) year-over-year.

Financial highlights

  • Net interest income for the quarter was INR 9,141 crore, up 1.47% sequentially; total income reached INR 38,598 crore, up 11.17% year-over-year.

  • Non-interest income surged 41.62% year-over-year to INR 7,054 crore, driven by higher fee-based and treasury income.

  • Provision coverage ratio improved to 93.59%; credit cost reduced to 0.68%, and slippage ratio down to 0.76%.

  • Standalone net profit for H1 FY2025-26 was INR 9,525.99 crore, up from INR 7,919.81 crore year-over-year.

  • Interest income included INR 450 crore from written-off accounts and INR 400 crore from income tax refund.

Outlook and guidance

  • 11 out of 13 annual guidance parameters already achieved; focus remains on improving CASA and NIM.

  • Margins expected to remain stable for one more quarter, with potential improvement thereafter if no further rate cuts occur.

  • Asset quality metrics (GNPA, NNPA, PCR, slippage, credit cost) all better than guidance.

  • ROE and ROA surpassed guidance at 20.56% and 1.12%, respectively.

  • No deviations or variations in the use of funds raised; all covenants for listed debt securities are in compliance.

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Frequently asked questions

Canara Bank is a state-owned commercial bank in India offering a full range of financial products and services. These include retail, corporate, and international banking, as well as asset management and treasury operations. It operates a widespread branch and ATM network across India. The bank is headquartered in Bengaluru, India, and its shares are listed on the NSE.

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