Canara Bank FY26 Net Profit Declines 10% YoY

Canara Bank reported a 9.95% YoY decline in Q4 FY26 net profit to ₹4,506 crore, though full-year profit grew 12.69% to ₹19,187 crore.
Global business grew 12.11% to ₹28.06 lakh crore, with advances up 15.30% and deposits up 9.71% for FY26.
Asset quality improved significantly with Gross NPA ratio falling to 1.84% and Net NPA to 0.43% as of March 2026.
The bank provided FY27 guidance including 11-12% advances growth, 1.50% Gross NPA, and 16.50% Return on Equity.