Canara Bank Q4 Results: At Rs 4,506 crore, PAT meets estimates

Canara Bank Q4 FY26 Results: State-run lender Canara Bank on Monday reported a net profit of Rs 4,505.6 crore for the quarter ended March 31, marking a 9.9 per cent fall over the corresponding period a year ago. For the final quarter of FY25, the bank had posted a net profit of Rs 4,104 crore.

Its net interest income (NII) grew 3.9 per cent on a year-on-year basis to Rs 9,808 crore for the March quarter, according to a regulatory filing.

Shares failed to sustain initial gains after the earnings announcement to close in the red.

Canara Bank Q4 PAT and NII vs estimates

Both quarterly headline numbers exceeded analysts' expectations.

According to Zee Business research, Canara Bank was estimated to register a net profit of Rs 4,480 crore and net interest income of Rs 9,560 crore for the March quarter.

NII -- or the difference between interest earned and interest paid -- is the key measure of a lender's top line.

Revenue Mix: Geography- and segment-wise

Canara Bank reported 2.8 per cent year-on-year growth in revenue from its retail banking unit to Rs 17,115.6 crore.

Revene from treasury operations and wholesale banking declined 2.7 per cent and 7.2 per cent to Rs 6,843.3 crore and Rs 12,579.8 crore, respectively.

The lender said that revenue from its domestic operations stood at Rs 34,909.3 crore, marking a 9.5 per cent fall over the year-ago period.

International revenue declined 4.2 per cent to Rs 1,629.4 crore, according to the filing.

Asset quality improves

The PSU bank staged improvement in asset quality.

Its gross non-performing assets (GNPAs) -- or gross bad loans -- were recorded at 1.84 per cent of total loans in the quarter ended March, decreasing from 2.08 per cent in the previous three months.

Net non-performing assets (NNPAs) decreased to 0.43 per cent in Q4 from 0.45 per cent in Q3.

FY26 results

For the year ended March 31, its net profit grew 12.7 per cent to Rs 19,186.7 crore while its NII increased 0.4 per cent to Rs 37,210.2 crore.

The lender reported a rise of 12.1 per cent in its global business to Rs 28,06,226 crore, as of March 31.

Its global deposits were up 9.7 per cent at Rs 15,68,678 crore while global advances were up 15.3 per cent at Rs 12,37,548 crore.

In its domestic operations, deposits rose 8.0 per cent to Rs 14,36,905 crore while advances grew 15.1 per cent to Rs 11,61,143 crore, as of March 31.

Dividend per share

Canara Bank declared a dividend of Rs 4.2 per equity share -- a 210 per cent payout given the face value of Rs 2 per equity share.

Canara Bank Q4 shares

The PSU bank stock fell 3.1 per cent to close at Rs 130.2 apiece on BSE.

At this level, the Canara Bank stock has lost 16.3 per cent of its value in 2026 so far, underperforming a slide of 8.9 per cent in the Nifty 50 and Nifty Bank indices each.