- Canara Bank's Q4 net profit fell 9.9% to Rs 4,506 crore year-on-year
- Net Interest Income rose 3.9% to Rs 9,808 crore in Q4 FY26
- Operating profit declined 18.4% to Rs 6,757 crore in the same quarter
Canara Bank, on Monday, reported a 9.9% decline in net profit for the fourth quarter of FY26, with profit falling to Rs 4,506 crore from Rs 5,003 crore in the corresponding period. The bank's net interest income (NII), however, rose 3.9% to Rs 9,808 crore, compared with Rs 9,442 crore earlier.
Regarding the dividend, the board has recommended a dividend of 210%, amounting to Rs 4.20 per share on a face value of Rs 2, for FY26, subject to shareholder approval. The record date has not yet been informed by the bank.
Canara Bank Q4FY26 (YoY)
Operating profit declined 18.4% to Rs 6,757 crore as against Rs 8,284 crore. The provisions stood at Rs 992 crore, lower than Rs 1,832 crore in the year-ago period and also down sharply from Rs 2,414 crore on a sequential basis.
On asset quality, the lender showed improvement quarter-on-quarter. Gross non-performing assets (NPA) declined to 1.84% from 2.08%, while net NPA eased marginally to 0.43% from 0.45%.
- Net Profit down 9.9% at Rs 4,506 crore versus Rs 5,003 crore
- Net Interest Income (NII) up 3.9% at Rs 9,808 crore versus Rs 9,442 crore
- Operating Profit down 18.4% at Rs 6,757 crore versus Rs 8,284 crore
- Provisions at Rs 992 crore versus Rs 1,832 crore
Canara Bank Q4FY26 (QoQ)
- Gross NPA at 1.84% versus 2.08%
- Net NPA at 0.43% versus 0.45%
- Provisions at Rs 992 crore versus Rs 2,414 crore
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