The lender’s net interest income (NII) in Q4FY26 was up 4% to Rs 9,808 crore versus Rs 9,442 crore posted by the company in the corresponding quarter of the previous financial year.
The profit after tax (PAT) was down 13% sequentially from Rs 5,155 crore posted in Q3FY26.
Following the earnings announcement, Canara Bank shares plunged 7% to hit the day’s low of Rs 130.50 on the NSE. Net profit for the full financial year rose 13% YoY to Rs 19,187 crore.
Business
Global business increased 12.11% YoY to Rs 28,06,226 crore as of March 2026, while global deposits rose 9.71% YoY to Rs 15,68,678 crore. Gross global advances increased 15.30% YoY to Rs 12,37,548 crore.
Domestic deposits stood at Rs 14,36,905 crore as of March 2026, registering a growth of 7.95% YoY, while gross domestic advances rose 15.12% YoY to Rs 11,61,143 crore. The retail lending portfolio grew 32.93% YoY to Rs 2,96,912 crore, while the housing loan portfolio increased 17.55% YoY to Rs 1,24,799 crore.
Asset Quality
Gross non-performing assets (GNPA) ratio improved to 1.84% as of March 2026, compared with 2.08% in December 2025 and 2.94% in March 2025.
Net non-performing assets (NNPA) ratio improved to 0.43% as of March 2026, compared with 0.45% in December 2025 and 0.70% in March 2025. Provision coverage ratio (PCR) stood at 94.21% as of March 2026, against 94.19% in December 2025 and 92.70% in March 2025.
Capital adequacy
Capital to risk-weighted assets ratio (CRAR) stood at 17.04% as of March 2026. Of this, CET1 stood at 12.44%, Tier-I at 14.59% and Tier-II at 2.45%.
Network
As of March 31, 2026, the bank had 10,097 branches, including 3,200 rural, 3,025 semi-urban, 1,987 urban and 1,885 metro branches, along with 11,306 ATMs and recyclers. The bank also has four overseas branches in London, New York, Dubai and GIFT City.
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