Canara Bank
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Canara Bank (CANBK) investor relations material

Canara Bank Q1 26/27 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 26/27 earnings summary27 Jul, 2026

Executive summary

  • Global business grew 14.37% year-over-year to INR 29.05 lakh crore (₹29,05,066 crore), with advances up 17.97% and deposits up 11.63%.

  • Net interest income rose 13.39% year-over-year to INR 10,215 crore, and net profit increased 2.19% to INR 4,856 crore.

  • Asset quality improved, with gross NPA at 1.57% and net NPA at 0.36%.

  • Provision coverage ratio reached 94.76%, up 159 basis points year-over-year.

  • Unaudited standalone and consolidated financial results for the quarter ended 30.06.2026 were approved by the Board and reviewed by auditors, with no material misstatements noted.

Financial highlights

  • Retail, agriculture, and MSME (RAM) credit grew 21.20% year-over-year; retail credit up 35.88%, housing loans up 17.85%, vehicle loans up 26.34%.

  • MSME credit grew 15.12% year-over-year to INR 1,68,815 crore.

  • Operating profit for the quarter was ₹8,636 crore, up 0.96% year-over-year.

  • Total income grew 4.26% year-over-year to ₹39,684 crore.

  • Earnings per share increased 2.19% year-over-year to 21.47.

Outlook and guidance

  • Business, advances, and deposit growth guidance for March 2027 exceeded, with actuals at 14.37%, 17.97%, and 11.63% respectively.

  • NIM guidance of 2.50%-2.60% maintained, currently at 2.52%.

  • Return on equity at 18.31%, above guidance of 16.5%.

  • Return on average assets at 1.04%, within guided range.

  • The bank continues to focus on digital banking and retail expansion.

IFR discontinuation impact on General Reserves
Associate bank pension liability amortization
Project finance exposure with DCCO extensions
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