Canara Bank Q2 FY27: PAT ₹4,856 Cr & Rev ₹29.05 L Cr

1 Financial Results 🔴 High Importance Neutral 📄 PDF

Metric	Value
Revenue	₹29.05 L Cr
Net Profit (PAT)	₹4,856 Cr

📢 Key Event
Canara Bank reported Q1 2026 financial results showing 14.37% YoY growth in Global Business to ₹29,05,066 crores.

🔄 What Changed
Net Profit increased 2.19% YoY to ₹4856 crores; Provision Coverage Ratio improved 159 bps to 94.76%; Gross NPA ratio improved 112 bps to 1.57%; Net NPA ratio improved 27 bps to 0.36%; Credit Cost improved 23 bps to 0.49%; Slippage Ratio improved 20 bps to 0.60%.

🔮 What's Next
The bank achieved Priority Sector targets at 45.67% (norm 40%) and Agricultural Credit at 21.41% (norm 18%) as of June 2026.

💡 Investor Takeaway
The bank's strong deposit and advance growth, along with improved asset quality and capital adequacy, supports its growth trajectory and financial resilience.

Canara Bank reported a 14.37% year-on-year increase in Global Business to ₹29,05,066 crores for Q1 2026, driven by strong deposit and advance growth, with Net Profit rising 2.19% to ₹4856 crores and provision coverage ratio improving to 94.76%.

2 Financial Results 🔴 High Importance Neutral 📄 PDF

📢 Key Event
Canara Bank Q1 FY2026-27 net profit up 21.20% YoY to ₹4,856 crores

🔄 What Changed
Net profit grew 21.20% YoY; CRAR improved by 65 bps to 17.17%; net NPA fell to 0.36% from 0.63%

🔮 What's Next
Guidance for March 2027: Global business growth of 10-11%, advances growth of 11-12%, deposits growth of 9-10%, NIM of 2.50-2.60%, gross NPA of 1.50%, net NPA of 0.40%, PCR of 94.50%, slippage ratio of 0.80%, credit cost of 0.75%, RoE of 16.50%, EPS of ₹20.00

💡 Investor Takeaway
The bank is on track to meet its growth and asset quality targets for FY2027, with improving profitability and capital adequacy.

Canara Bank reported consolidated net profit of ₹4,856 crores for Q1 FY2026-27, up 21.20% YoY, driven by 14.37% growth in global business and 17.97% rise in global advances, with CRAR improving to 17.17% and net NPA declining to 0.36%.

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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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