Canara Bank Q4 & FY26 Results: Net Profit at ₹19,187 Crore, Declares ₹4.20 Dividend

Mumbai: Canara Bank (Symbol: CANBK, Scrip Code: 532483), a leading public sector bank, announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results today and recommended a dividend of ₹4.20 per equity share.

The Board meeting commenced at 10:30 AM and concluded at 12:55 PM.

Financial Highlights (Standalone, FY 2025-26)

• Net Profit: ₹19,187 crore (up 12.7% from ₹17,027 crore in FY 2024-25)

• Profit Before Tax (PBT): ₹24,907 crore (up 10.1% YoY)

• Total Income: ₹1,53,204 crore (up 7.7% YoY)

• Earnings Per Share (Basic): ₹21.15 (vs. ₹18.77 in FY25)

• Return on Assets (ROA): 1.10%

Q4 FY26 Standalone Performance

• Net Profit: ₹4,506 crore

• Profit Before Tax (PBT): ₹5,766 crore

• Total Income: ₹36,662 crore

• Net Profit Margin: 12.29%

Shareholder Reward: Dividend Declared

The Board of Directors has recommended a dividend of 210% (₹4.20 per equity share) of face value ₹2 each for the financial year 2025-26, subject to shareholders' approval at the ensuing Annual General Meeting.

Asset Quality – Strong Improvement

• Gross NPA Ratio: Improved to 1.84% (from 2.94% in Q4 FY25)

• Net NPA Ratio: Improved to 0.43% (from 0.70% in Q4 FY25)

• Provision Coverage Ratio (PCR): 94.21%

Capital Adequacy (Basel III)

• CRAR: 17.04%

• CET-1 Ratio: 12.44%

• Additional Tier 1 Ratio: 2.15%

Business Performance Highlights

• Global Deposits: ₹15,68,678 crore (up 9.7% YoY)

• Global Advances: ₹12,20,017 crore (up 16.3% YoY)

• Government of India Shareholding: 62.93%

Segment Performance (FY26)

Segment Revenue: Treasury Operations ₹33,700 crore, Retail Banking Operations ₹69,000 crore, Wholesale Banking Operations ₹50,504 crore.

Segment Results: Treasury Operations ₹12,605 crore, Retail Banking Operations ₹13,945 crore.

Auditor's Report – Unmodified Opinion

The Statutory Central Auditors issued an unmodified (clean) opinion on both standalone and consolidated financial results, confirming compliance with SEBI LODR Regulations.

Consolidated Performance (FY 2025-26)

• Net Profit (after minority interest): ₹17,873 crore

• Total Income: ₹1,53,083 crore

• CRAR: 17.07%

• Gross NPA: 1.84%

• Net NPA: 0.43%

Key Developments

1. Divestment in Subsidiaries

Canara Robeco Asset Management Company Ltd. and Canara HSBC Life Insurance Company Ltd. were listed on BSE and NSE in October 2025. The Bank's shareholding reduced from 51% to 38% and 36.50% respectively. The divestment resulted in a pre-tax profit of ₹1,930 crore on standalone basis.

2. RRB Amalgamation

Effective May 1, 2025, Karnataka Vikas Grameena Bank and Karnataka Gramin Bank amalgamated into Karnataka Grameena Bank under "One State-One RRB". The Bank holds 35% equity of the newly formed entity.

3. Bond Issuance & Redemption

During FY26, the Bank issued Basel III AT-I Bonds of ₹3,500 crore and Tier II Bonds of ₹5,000 crore, while redeeming AT-I Bonds of ₹2,936 crore and Tier II Bonds of ₹4,150 crore.

4. New Labour Codes

The Government notified four Labour Codes effective November 21, 2025. Rules are yet to be notified. The Bank continues to comply with major provisions.

Investor Complaints

• Pending at beginning of quarter: Nil

• Received during quarter: 50

• Resolved during quarter: 50

• Pending at end of quarter: Nil

Board Meeting & Approval Timeline

• Meeting Date: May 11, 2026

• Meeting Timings: 10:30 AM to 12:55 PM (IST)

Where to Access Official Results

• BSE: www.bseindia.com (Scrip Code: 532483)

• NSE: www.nseindia.com (Symbol: CANBK)

• Company Website: www.canarabank.bank.in

About Canara Bank

Canara Bank was established in 1906 and is one of India's largest public sector banks. The Bank offers a wide range of banking and financial services to retail, MSME, agriculture, and corporate customers. The Government of India holds 62.93% stake in the Bank as on March 31, 2026.