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Canara Bank (CANBK) investor relations material
Canara Bank Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Global gross business reached ₹30,72,365 crore at Sep'26, up 15.88% YoY and 5.76% QoQ; advances grew 19.46% and deposits 13.13%.
Q2 standalone net profit was ₹5,174.76 crore, up 8.40% YoY; consolidated profit after minority interest was ₹5,381.59 crore.
Asset quality improved, with gross NPA at 1.33%, net NPA at 0.30% and PCR at 95.34%.
Financial highlights
Q2 NII rose 20.39% YoY to ₹11,005 crore; total income was ₹40,931.19 crore and interest earned ₹35,159.39 crore.
Interest on advances increased 15.91% YoY to ₹26,754 crore; non-interest income declined 18.17% to ₹5,772 crore.
Total expenses rose 7.21% YoY to ₹32,173 crore, including interest expenses of ₹24,154 crore, up 7.82%.
Operating profit was ₹8,758.13 crore, up 1.98% YoY; provisions were ₹3,583 crore, down 6.06%.
H1 standalone net profit was ₹10,030.58 crore versus ₹9,525.99 crore; consolidated H1 profit after minority interest was ₹10,562.30 crore versus ₹8,044.98 crore.
Outlook and guidance
FY27 global business growth guidance is 10%–11%, advances 11%–12% and deposits 9%–10%; Sep'26 growth was 15.88%, 19.46% and 13.13%, respectively.
FY27 guidance remains unchanged; management aims to sustain growth and outperform initial targets rather than reset them.
FY27 NIM guidance is 2.50%–2.60%; management expects quarterly NIM to be sustainable near 2.55%, subject to repricing, deposit costs and lending growth.
FY27 targets are ROE 16.50%, ROA 1.01%–1.05% and EPS ₹20; Sep'26 actuals were 18.49%, 1.04% and ₹22.06.
Domestic CASA guidance is 30%–32% versus 29% actual; management attributed pressure partly to ₹55,000 crore of FCNR deposits held in term deposits.
- Strong growth, improved asset quality, and robust capital position with guidance exceeded.CANBK
Q1 26/27 - Net profit and business grew over 12% YoY, with improved asset quality and strong capital ratios.CANBK
Q4 25/26 - Net profit rose 25.61% year-over-year, with improved asset quality and strong capital ratios.CANBK
Q3 25/26 - Profit and income grew, asset quality improved, and capital adequacy remained robust.CANBK
Q2 25/26 - Net profit surged 21.69% with strong advances, improved asset quality, and robust capital ratios.CANBK
Q1 25/26 - Net profit up 11.31% YoY, asset quality and capital adequacy improved, digital initiatives advanced.CANBK
Q2 24/25 - Net profit rose 10.47% YoY with strong retail, digital growth, and improved asset quality.CANBK
Q1 24/25 - Net profit rose 33% to Rs. 17,026.67 crore, with strong growth and improved asset quality.CANBK
Q4 24/25 - Profit up 12.25% YoY, asset quality and capital ratios strong, digital and retail growth robust.CANBK
Q3 24/25
Next Canara Bank earnings date
Next Canara Bank earnings date
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