Canara Bank (CANBK) Q4 25/26 earnings summary

Executive summary

• Global business reached ₹28.06 lakh crore, up 12.11% year-over-year, with advances at ₹12.37 lakh crore (+15.30%) and deposits at ₹15.68 lakh crore (+9.71%).

• Net profit for FY26 was ₹19,187 crore, up 12.69% year-over-year; operating profit for the year was ₹33,019 crore, up 5.19%.

• Dividend proposed at 210% of paid-up capital (₹4.20 per share), subject to shareholder approval.

• Audited standalone and consolidated financial results for Q4 and FY ended 31.03.2026 were approved, with an unmodified audit opinion.

Financial highlights

• Net interest income for Q4 was ₹9,808 crore, up 3.88% year-over-year; total income for FY26 was ₹1,53,204 crore, up 7.73% year-over-year.

• Non-interest income rose 19.53% year-over-year to ₹26,838 crore.

• Basic and diluted EPS for FY26 was ₹21.15, up from ₹18.77 year-over-year.

• Gross NPA ratio improved to 1.84% (from 2.94%), and net NPA to 0.43% (from 0.70%) year-over-year.

• Provision coverage ratio increased to 94.21% from 92.70% year-over-year.

Outlook and guidance

• FY27 guidance: global business growth 10–11%, advances 11–12%, deposits 9–10%; management expects to exceed targets.

• NIM expected to hover around 2.5%–2.6%; ROA guidance at 1.01–1.05%.

• FY27 targets: gross NPA 1.5%, net NPA 0.4%, ROE 16.5%.

• PSLC income expected to remain stable at around ₹2,500 crore.

• No material divergence in asset classification and provisioning as per RBI's annual supervisory process.