CANARA BANK Q1 FY26 Results

Summary

Canara Bank has reported a 21.69% Year-over-Year (YoY) net profit growth for the first quarter of 2025. The bank's global business, global deposit, and gross advances have also seen significant growth. The asset quality has improved with a decrease in Gross and Net NPA ratios. The bank has also achieved its targets in priority sector lending and financial inclusion.

Key Highlights

1. 1

   Global Business up by 10.98% YoY

2. 2

   Global Deposit up by 9.92% YoY

3. 3

   Gross Advances up by 12.42% YoY

4. 4

   Net Profit up by 21.69% YoY

5. 5

   RAM Credit grew by 14.90%

6. 6

   Retail Credit grew by 33.92%

7. 7

   Fee Base Income stood at = 2,223 Cr grew by 16.39%

8. 8

   Operating Profit stood at = 8,554 Cr grew by 12.32%

9. 9

   Provision Coverage Ratio (PCR) at 93.17% improved by 395 bps

10. 10

    CET-1 stood at 12.29% improved by 24 bps

11. 11

    Return on Assets stood at 1.14% improved by 9 bps

12. 12

    Gross NPA Ratio stood at 2.69%, improved by 145 bps

13. 13

    Net NPA Ratio stood at 0.63%, improved by 61 bps

14. 14

    Slippage Ratio stood at 0.80% improved by 52 bps

15. 15

    Domestic Deposit of the Bank stood at 213,38,742 Cr as at June 2025 with growth of 8.74% (y.o.y)

16. 16

    Domestic Advances(gross) of the Bank stood at =10,32,142 Cr as at June 2025 grew by 12.15% (y.o.y)

17. 17

    Retail lending Portfolio increased to 32,35,418 Cr i.e., grew by 33.92% (y.o.y)

18. 18

    Housing Loan Portfolio increased by 13.92% (y.o.y) to =1,09,490 Cr

19. 19

    The Bank has achieved Targets in Priority Sector at 45.63% and Agricultural Credit at 23.25% of ANBC as at June 2025