StrengthTalking point
Asset quality at a multi-year best
Gross NPA of 1.8% is the lowest in 4 years, down from a peak of 7.5%.
Importance 55 / 95 · financial health
Canara Bank · Research view
Canara Bank
NSE: CANBKBSE: 532483ISIN INE476A01022Face value ₹2standalone
₹119
−0.92% · 2026-10-01 · 52-wk ₹119–₹159
Financials to FY2026 · 5 years of history · prices to 2026-10-01consolidatedstandalone
Section 02 · Synthesis
What stands out?
The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.
StrengthConcernWatchContext
Concern
Net interest margin compressing
Net interest margin fell from 2.4% to 2.1% year on year.
Importance 38 / 95 · profitability
Strength
Loan book growing double-digit
Advances grew 16.3% year on year (FY2025 → FY2026).
Importance 35 / 95 · growth
Section 03 · The company
Who is this company?
Classified by the exchange under Financial Services › Financial Services › Banks › Public Sector Bank.
- Market cap
- ₹1.07 L cr
- FY2026 total income
- ₹1,53,204 cr
- FY2026 net profit
- ₹19,187 cr
- Net worth
- ₹1,13,383 cr
- Advances
- ₹12,20,017 cr
- EPS (basic)
- ₹21.15
- Listed
- NSE · BSE
- Reporting
- Banking (Sch. III)Apr–Mar
Peer set used on this page: 8 public sector bank.
Section 04 · Business performance
Is the business growing?
Total incomeNet profit
Advances (loans)Deposits
Strength
Advances grew 16.3% year on year (FY2025 → FY2026).
Rule BANK_LOAN_GROWTH_STRONG
- Advances growth per year
- +14.8%over 4 years
- Advances growth
- +16.3%vs last year
- Deposits growth
- +7.7%vs last year
- Net profit growth
- +12.7%vs last year
Section 05 · Recent activity
What changed recently?
Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.
Strength
Q1 FY27 net profit was ₹5,181 cr, up 62.2% from ₹3,195 cr a year earlier.
Rule QTR_PROFIT_GROWTH_YOY
Strength
Q1 FY27 net profit grew 62.2% while total income declined 4.2% vs the same quarter last year — a gap of 66.4 percentage points.
Rule QTR_PROFIT_VS_REVENUE_GROWTH
Strength
Q1 FY27 net margin was 13.1%, up 5.34 percentage points from 7.7% a year earlier.
Rule QTR_MARGIN_CHANGED_YOY
A. Quarterly results
Total incomeNet profit
| Quarter | Total income | YoY | Net profit | YoY |
|---|---|---|---|---|
| Q2 FY25 | 38,006 | — | 4,188 | — |
| Q3 FY25 | 37,430 | +5.1% | 4,214 | +11.2% |
| Q4 FY25 | 40,256 | +7.7% | 5,070 | −0.9% |
| Q1 FY26 | 41,442 | +12.1% | 3,195 | −21.5% |
| Q2 FY26 | 42,014 | +10.5% | 4,850 | +15.8% |
| Q3 FY26 | 33,089 | −11.6% | 5,254 | +24.7% |
| Q4 FY26 | 36,539 | −9.2% | 4,574 | −9.8% |
| Q1 FY27 | 39,696 | −4.2% | 5,181 | +62.2% |
B. TTM snapshot
Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters
- Total income
- ₹1,51,337 crTTM
- PBT
- ₹24,940 crTTM
- Net profit
- ₹19,859 crTTM
C. Corporate actions
12 Jun 2026DividendFinal Dividend - Rs. - 4.2000 — ₹4.20/share
13 Jun 2025DividendFinal Dividend - Rs. - 4.0000 — ₹4.00/share
14 Jun 2024DividendDividend - Rs. - 3.2200 — ₹3.22/share
15 May 2024Stock splitStock Split From Rs.10/- to Rs.2/- — 10:2
14 Jun 2023DividendDividend - Rs. - 12.0000 — ₹12.00/share
15 Jun 2022DividendDividend - Rs. - 6.5000 — ₹6.50/share
12 Jul 2017DividendDividend - Rs. - 1.0000 — ₹1.00/share
17 Feb 2017Rights issueRight Issue of Equity Shares
25 Jun 2015DividendDividend - Rs. - 10.5000 — ₹10.50/share
3 Jul 2014DividendFinal Dividend - Rs. - 4.5000 — ₹4.50/share
24 Jan 2014DividendInterim Dividend - Rs. - 6.5000 — ₹6.50/share
4 Jul 2013DividendDividend - Rs. - 13.0000 — ₹13.00/share
14 Jun 2012DividendDividend - Rs. - 11.0000 — ₹11.00/share
6 Jul 2011DividendDividend - Rs. - 11.0000 — ₹11.00/share
14 Jun 2010DividendDividend - Rs. - 10.0000 — ₹10.00/share
8 Jul 2009DividendDividend - Rs. - 8.0000 — ₹8.00/share
10 Jun 2008DividendDividend - Rs. - 8.0000 — ₹8.00/share
Section 06 · Business performance
Is it becoming more profitable?
Net interest margin (left)Return on equity (right)
Concern
Net interest margin fell from 2.4% to 2.1% year on year.
Rule BANK_NIM_COMPRESSED_YOY
- NIM FY2026
- 2.09%
- Cost-to-income
- 48.4%
- ROE FY2026
- 18.0%
- ROA FY2026
- 1.08%
Section 07 · Financial health
Is financial health improving?
Gross NPA %Net NPA %
Strength
Gross NPA of 1.8% is the lowest in 4 years, down from a peak of 7.5%.
Rule BANK_ASSET_QUALITY_MULTIYEAR_BEST
Net worth (capital + reserves)
- Gross NPA FY2026
- 1.84%
- Net NPA
- 0.43%
- Credit cost
- 0.71%of advances
- Credit / deposit
- 78%
Section 08 · Relative position
How does it compare with peers?
Ranked against 8 public sector bank (FY2026, consolidated). No peer-relative rule fired for this company.
Return on equity
CANBK · 2nd of 8 · set median 15.2%
P/E ratio
CANBK · 2nd of 8 · set median 6.4×
- P / E
- 5.4×TTM to Jun 26
- P / B
- 0.9×latest book
- P / S
- 0.7×TTM sales
- Earnings yield
- 18.5%TTM to Jun 26
On the trailing twelve months. Last full year: P/E 6.0× · P/S 0.7× · ROE 16.0%.
Section 09 · The stock
How has the stock performed?
Long-term price performance is shown above.
- 1-year return
- −4.3%
- 3-year return
- +57.5%
- 5-year return
- +235.0%
- From 52-wk high
- −25.4%
Section 10 · Technical data
What does the technical data say?
Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.
- vs 50-day avg
- Below₹126
- vs 200-day avg
- Below₹137
- RSI (14)
- 30.6neutral
- MACD histogram
- -0.4
- From 52-wk high
- −25.4%
- From 52-wk low
- 0.0%
- 30-day volatility
- 16.3%ann.
- 6-month return
- −9.2%
Section 11 · Open questions
What should I investigate further?
Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.
- ConcernNet interest margin compressingNet interest margin fell from 2.4% to 2.1% year on year.BANK_NIM_COMPRESSED_YOY · conviction 38
- The price-adjusted series does not correct for a rights issue (ex-date 2017-02-17) — BSE's corporate-actions feed does not carry the subscription price or ratio a rights adjustment needs, unlike splits and bonuses, which are corrected. Returns spanning that date may be modestly overstated or understated.
Section 12 · Reference
The numbers
The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.
| Metric | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Total income | 85,907 | 1,03,187 | 1,27,654 | 1,42,208 | 1,53,204 |
| Interest earned | 69,410 | 84,425 | 1,08,688 | 1,19,755 | 1,26,366 |
| Interest expended | 43,026 | 52,989 | 72,122 | 82,683 | 89,156 |
| Net interest income | 26,384 | 31,435 | 36,566 | 37,072 | 37,210 |
| Pre-provision operating profit | 23,089 | 27,716 | 29,413 | 31,390 | 33,019 |
| Provisions & contingencies | 12,772 | 13,543 | 9,708 | 8,764 | 8,112 |
| Profit before tax | 8,962 | 14,173 | 19,705 | 22,627 | 24,907 |
| Net profit | 5,678 | 10,604 | 14,554 | 17,027 | 19,187 |
| EPS (₹) | 32.5 | 58.5 | 80.2 | 18.8 | 21.1 |
| Net worth | 66,111 | 73,607 | 86,955 | 99,900 | 1,13,383 |
| Total debt | 46,285 | 58,090 | 57,592 | 89,665 | 1,55,288 |
| Advances | 7,03,602 | 8,30,673 | 9,31,613 | 10,49,155 | 12,20,017 |
| Deposits | 10,86,409 | 11,79,219 | 13,12,367 | 14,56,883 | 15,68,678 |
| Borrowings | 46,285 | 58,090 | 57,592 | 89,665 | 1,55,288 |
| Investments | 2,82,013 | 3,19,038 | 3,57,454 | 3,80,343 | 4,03,415 |
| Gross NPAs | 55,652 | 46,160 | 40,605 | 31,530 | 22,740 |
| Net NPAs | 18,668 | 14,349 | 11,823 | 7,353 | 5,209 |
| Operating cash flow | 268 | −40,676 | 14,254 | 59,947 | 6,786 |
| Ratio | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Growth | |||||
| Advances growth YoY | — | 18.1 | 12.2 | 12.6 | 16.3 |
| Deposits growth YoY | — | 8.5 | 11.3 | 11.0 | 7.7 |
| Profit growth YoY | — | 86.7 | 37.3 | 17.0 | 12.7 |
| Profitability | |||||
| Net interest margin % | 2.2 | 2.4 | 2.6 | 2.3 | 2.1 |
| Cost-to-income % | 46.2 | 44.8 | 47.0 | 47.3 | 48.4 |
| Return on equity % | 8.6 | 15.2 | 18.1 | 18.2 | 18.0 |
| Return on assets % | 0.5 | 0.8 | 1.0 | 1.1 | 1.1 |
| Asset quality | |||||
| Gross NPA % | 7.5 | 5.4 | 4.2 | 2.9 | 1.8 |
| Net NPA % | 2.7 | 1.7 | 1.3 | 0.7 | 0.4 |
| Credit cost % | 1.8 | 1.8 | 1.1 | 0.9 | 0.7 |
| Credit / deposit % | 64.8 | 70.4 | 71.0 | 72.0 | 77.8 |