CANARA BANK Q4 FY26 Results

Summary

The bank reported robust financial results for the fiscal year ended March 31, 2026, with its global business expanding by 12.11% year-over-year to ₹28,06,226 crore. Net Profit for the year surged by 12.69% to ₹19,187 crore, supported by a 5.19% rise in operating profit to ₹33,019 crore. The bank also achieved substantial improvements in asset quality, evidenced by a reduction in Gross NPA ratio to 1.84% and Net NPA ratio to 0.43%. Furthermore, strong credit growth was observed across segments, particularly in RAM credit at 19.73% and Retail credit at 32.93%.

Key Highlights

1. 1

   Global Business for the fiscal year ended March 31, 2026, stood at ₹28,06,226 crore, representing a 12.11% growth year-over-year.

2. 2

   The bank reported a Net Profit of ₹19,187 crore for the year, an increase of 12.69% compared to the previous year.

3. 3

   Operating Profit for the fiscal year ended March 31, 2026, reached ₹33,019 crore, up by 5.19%.

4. 4

   Asset quality improved significantly, with the Gross NPA Ratio reducing to 1.84% and the Net NPA Ratio to 0.43% as of March 2026.

5. 5

   The Provision Coverage Ratio (PCR) improved by 151 basis points, reaching 94.21% at the end of FY26.

6. 6

   RAM Credit demonstrated strong growth of 19.73% while the Retail Credit portfolio expanded by 32.93% year-over-year.

7. 7

   The Board recommended a dividend of 210% of Paid up Capital for FY26, an increase from 200% declared for FY25.