Canara Bank (CANBK) — Financial Results

Canara Bank reported Q2 FY2025-26 net profit of ₹4,774 crore, growing 18.93% YoY, with operating profit of ₹8,588 crore up 12.2%. Global business grew 13.55% YoY to ₹26.79 lakh crore. Asset quality strengthened: net NPA fell to 0.54% (down 45 bps), credit cost dropped to 0.68% (down 29 bps), and PCR improved to 93.59%. Retail credit surged 29.11%, MSME credit grew 12.70% for the first time exceeding 12% in five years, and CASA deposits grew over 10% YoY. Management expects NIM floor at 2.5% and targets 32% CASA ratio.

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About Canara Bank (CANBK)

Financial Services · Banks · Listed on NSE

Market Cap: ₹1,16,167.83 Cr P/E: 6.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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