| Margins | NIM sustained at 2.55%; yields improved on corporate and gold loans. |
|---|---|
| Order book | Corporate pipeline of ~₹50,000 crore, primarily in green energy/infrastructure. |
| Demand visibility | Robust demand in retail; festive season driving underwriting growth. |
| Management confidence | High; management noted surpassing growth guidance by good margins. |
Growth
Net Profit grew 8.4% YoY to ₹5,175 crore. Net Interest Income rose 20.39% YoY to ₹11,000+ crore.
Outlook
Guidance maintained but exceeded on most fronts; corporate pipeline at ₹50,000 crore; focusing on digital adoption via ai1Pe platform.
Risks
Hardening yields impacting MTM treasury losses (₹600 crore QoQ swing); potential ECL provision requirement of ₹12,000-₹15,000 crore.
Last quarter's promises, checked
Delivered
- Guided Business Growth 10-11% → delivered 14.37% (= BEAT)
- Guided Advance Growth 10-12% → delivered 17.97% (= BEAT)
- Guided Net NPA 0.40% → delivered 0.36% (= BEAT)
Partly delivered
- Guided NIM 2.50-2.60% → delivered 2.52% (= PARTIAL)
- Guided Gross NPA 1.50% (Mar'27) → achieved 1.57% (= PARTIAL)
Missed
- Guided CASA 30-32% → delivered 29.70% (= MISS)
Earnings Call Transcript filed with BSE, NSE: CANBK. Summary written with AI assistance from the document.
Canara Bank: key numbers
- Share price
- ₹117.82
- Market cap
- ₹1,06,870 Cr
- Revenue (annual)
- ₹1,26,371 Cr
- Net profit (annual)
- ₹17,873 Cr
- P/E (TTM)
- 5.2×Sector 19.7×
- Promoter holding
- 62.93%+0.00% QoQ
- FII holding
- 12.27%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Canara Bank
All →Canara Bank Regulatory Approval
Canara Bank received RBI permission to exercise the call option on its Basel III AT1 bonds (ISIN INE476A08134) of Rs.1,500 Crore. The bank is now in process of exercising the call as per the issue terms.
- Value
- ₹1,500 Cr
Canara Bank Debt & Borrowing: ₹1,500 Cr
Canara Bank fully redeemed Basel III AT1 bonds via call option on 23-Oct-2026, amounting to Rs. 1,500 Crore. Redemption was made ahead of the 25-Oct-2026 due date.
- Value
- ₹1,500 Cr
Canara Bank Debt & Borrowing: ₹126 Cr
Canara Bank paid Rs.126.00 Crore interest on its Basel III Additional Tier I bonds (ISIN INE476A08126) on 23 October 2026, at 8.4% on Rs.1,500 Crore issue size. No delay or non-payment was reported.
- Value
- ₹126.0 Cr
Canara Bank Debt & Borrowing: ₹1,626 Cr
Canara Bank paid Rs.1,626 Crore, covering full redemption and annual interest, on its AT1 bonds on October 23, 2026. The bonds are now fully redeemed.
- Value
- ₹1,626 Cr
Canara Bank Other Announcement
Canara Bank filed its quarterly Security Cover Certificate for Q3 FY27 under Reg 54. All listed NCDs are unsecured with Nil cover/assets required, making this routine compliance paperwork.
Canara Bank Results Update
Canara Bank's Q2 FY27 press release reports 8.40% YoY profit growth and GNPAs improving to 1.33%. Business grew 15.88% with retail credit up 31.61%.