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Canara Bank (CANBK) investor relations material
Canara Bank Q2 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Global business grew 13.55% year-over-year to INR 26,78,963 crores, with advances up 13.74% and deposits up 13.4%.
Net profit rose 18.93% year-over-year to INR 4,774 crores, and operating profit increased 12.2% to INR 8,588 crores.
Asset quality improved, with gross NPA at 2.35% (down 138 bps) and net NPA at 0.54% (down 45 bps) year-over-year.
Retail credit grew 29.11% year-over-year, housing loans up 15.25%, vehicle loans up 25.58%, and MSME loans up 12.7%.
Unaudited standalone and consolidated financial results for H1 FY2025-26 showed continued growth in income and profitability.
Financial highlights
Standalone net profit for H1 FY2025-26 was INR 9,525.99 crores, up from INR 7,919.81 crores year-over-year.
Net interest income for the quarter was INR 9,141 crores, up 1.47% sequentially; total income reached INR 38,598 crores, up 11.17% year-over-year.
Non-interest income surged 41.62% year-over-year to INR 7,054 crores, driven by higher fee-based and treasury income.
EPS (annualized) was INR 21.01, up 21% year-over-year.
Provision coverage ratio at 93.59% as of 30.09.2025.
Outlook and guidance
Out of 13 annual guidance parameters, 11 have been achieved; focus remains on improving CASA and NIM.
NIM (global) at 2.52% was below the 2.75–2.80% guidance; expected to remain stable for one more quarter.
Net profit for the year expected to exceed INR 20,000 crores, up from INR 17,400 crores last year.
All key asset quality and profitability metrics surpassed guidance.
The bank continues to focus on asset quality, capital adequacy, and digital banking expansion.
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