Canara Bank Q4 results 2026: Public sector lender Canara Bank on Monday, 11 May, reported a 10% year-on-year (YoY) fall in standalone profit to ₹4,505.57 crore for the March quarter of the financial year 2026 (Q4FY26). In the same quarter last year, the PSU bank’s profit was ₹5,002.66 crore.
Sequentially, or on a quarter-on-quarter (QoQ) basis, Canara Bank’s profit declined by 12.6% from ₹5,155.11 crore in Q3FY26.
However, for the full financial year 2026, the bank’s profit rose by 12.7% YoY to ₹19,186.67 crore, up from ₹17,026.67 crore in FY25.
Operating profit for the quarter under review saw a significant decline of 18.42% YoY and 25.89% QoQ to ₹6,758 crore.
Net interest income (NII) during the quarter rose by nearly 4% YoY and 6% QoQ to ₹9,808 crore. Net interest margin (NIM) eased to 2.54% in Q4FY26 from 2.73% YoY.
Meanwhile, Canara Bank’s board recommended a dividend of ₹4.20 per equity share of face value of ₹2 each for FY26.
Canara Bank’s provisions in Q4FY26 dropped 31.34% YoY and 43.19% QoQ to ₹2,252 crore.
Gross NPA during the quarter came down to 1.84% from 2.08% QoQ and 2.94% YoY. Net NPA also declined to 0.43% from 0.45% QoQ and 0.70% YoY. Provision coverage ratio (PCR) stood to 94.21% as at March 2026, against 94.19% as at December 2025, 92.70% as at March 2025.
Total domestic deposit increased by 8% YoY and 3% QoQ to ₹1,43,6905 crore, while domestic gross advances jumped 15.12% YoY and 3.74% QoQ to ₹11,61,143 crore.
share price declined more than 4% in intraday trade on 11 May.
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