Canara Bank (CANBK) investor relations material

Executive summary

• Global business grew 12.11% YoY to INR 28.06 lakh crore, with deposits up 9.71% and advances up 15.30%.

• Net profit for FY26 was INR 19,187 crore, up 12.69% YoY; operating profit reached INR 33,019 crore, up 5.19%.

• Dividend proposed at 210% of paid-up capital (INR 4.20/share), subject to shareholder approval.

• Retail credit grew 32.93% YoY, housing loans 17.55%, vehicle loans 26.33%, MSME credit 12.85%.

• Digital transactions and banking footprint expanded, with strong growth in mobile app usage and new digital initiatives.

Financial highlights

• Net interest income for Q4 was INR 9,808 crore, up 3.88% YoY.

• Total income for FY26 was INR 1,53,204 crore, up 7.73% YoY.

• Non-interest income rose 19.53% YoY to INR 26,838 crore.

• Cost-to-income ratio for FY26 was 48.45%.

• Earnings per share improved to INR 21.15, up 12.68% YoY.

Outlook and guidance

• FY27 guidance: global business growth 10–11%, advances 11–12%, deposits 9–10%.

• NIM expected to hover around 2.5%-2.6%.

• ROA guidance remains at 1%+ despite ECL transition.

• PSLC income expected to remain stable at INR 2,500-3,000 crore.

• FY27 targets: gross NPA 1.5%, net NPA 0.4%, ROE 16.5%, ROA 1.01–1.05%.