Canara Bank reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, approved by the Board of Directors at its meeting held on May 11, 2026. On a standalone basis, the bank posted a net profit of ₹4,505.57 crore for Q4, compared to ₹5,002.66 crore in the corresponding quarter of the previous year. For the full financial year FY26, standalone net profit stood at ₹19,186.67 crore, up from ₹17,026.67 crore in FY25. The board has recommended a dividend of ₹4.20 per equity share (210% on face value of ₹2 per share) for FY26, subject to shareholder approval at the ensuing Annual General Meeting.

Standalone Financial Performance at a Glance

The following table summarises Canara Bank's key standalone financial metrics for Q4 and the full year:

Asset Quality and Capital Adequacy

Canara Bank's asset quality showed improvement on key headline ratios on a sequential basis, though fresh slippages rose during the quarter. Q4 fresh slippages stood at 28B rupees, compared to 19B rupees in the previous quarter. The Gross Non-Performing Assets (GNPA) ratio declined to 1.84% as of March 31, 2026, from 2.08% in the previous quarter and 2.94% a year ago. The Net Non-Performing Assets (NNPA) ratio eased to 0.43% from 0.45% quarter-on-quarter and 0.70% year-on-year. The amount of net NPAs stood at ₹5,209.37 crore as of March 31, 2026. The Provision Coverage Ratio on a standalone basis stood at 94.21% as on March 31, 2026, compared to 92.70% as at March 31, 2025. The following table presents the key asset quality and capital adequacy metrics:

Consolidated Financial Results

On a consolidated basis, Canara Bank reported a net profit after minority interest of ₹4,574.23 crore for Q4 FY26, compared to ₹5,070.19 crore in Q4 FY25. For the full year FY26, consolidated net profit after minority interest stood at ₹17,872.88 crore, compared to ₹17,539.62 crore in FY25. Total consolidated income for Q4 FY26 was ₹36,538.61 crore, against ₹40,256.19 crore in Q4 FY25. The consolidated Capital Adequacy Ratio (Basel III) stood at 17.07% as of March 31, 2026. The consolidated total assets as of March 31, 2026 stood at ₹18,87,325.11 crore, up from ₹17,32,527.38 crore as of March 31, 2025.

Standalone Segment Performance

Across business segments on a standalone basis, Retail Banking Operations contributed the highest segment revenue for Q4 FY26 at ₹17,186.92 crore, followed by Wholesale Banking Operations at ₹12,631.99 crore and Treasury Operations at ₹6,843.30 crore. For the full year FY26, Retail Banking revenue stood at ₹69,000.39 crore, Wholesale Banking at ₹50,503.51 crore, and Treasury Operations at ₹33,700.31 crore. In terms of segment results, Treasury Operations reported a profit of ₹2,129.99 crore for Q4 FY26, while Retail Banking Operations reported ₹3,475.86 crore and Wholesale Banking Operations reported ₹159.72 crore.

Balance Sheet Highlights

The standalone balance sheet as of March 31, 2026 reflects significant growth across key parameters. Total standalone assets stood at ₹18,83,201.89 crore, compared to ₹16,84,685.58 crore as of March 31, 2025. Advances grew to ₹12,20,017.47 crore from ₹10,49,155.02 crore, while deposits stood at ₹15,68,678.15 crore compared to ₹14,29,862.18 crore. Reserves and surplus on a standalone basis increased to ₹1,11,568.48 crore from ₹98,085.98 crore.

Dividend and Key Corporate Developments

The board has recommended a dividend of ₹4.20 per equity share (210% on face value of ₹2 per share) for FY26, subject to shareholder approval. During FY26, the bank issued Basel III Compliant Additional Tier I Bonds aggregating to ₹3,500 crore and redeemed such bonds aggregating to ₹2,936.10 crore. Additionally, the bank issued Basel III Compliant Tier II Bonds aggregating to ₹5,000 crore and redeemed Tier II Bonds aggregating to ₹4,150 crore during the year. The bank's Provision Coverage Ratio improved to 94.21% on a standalone basis as of March 31, 2026. The bank holds total provision of ₹4,908.35 crore (100% of total outstanding of ₹4,908.35 crore) for accounts covered under the Insolvency and Bankruptcy Code (IBC) as on March 31, 2026. During the year, Canara Robeco Asset Management Company Limited and Canara HSBC Life Insurance Company Limited were listed on the stock exchanges, following which the bank's shareholding in these entities reduced from 51% to 38% and 36.50% respectively, and they were reclassified from subsidiaries to associates. This divestment resulted in a pre-tax profit (net of expenses) of ₹1,929.56 crore on a standalone basis and ₹1,800.93 crore on a consolidated basis.

Source: None/Company/INE476A01022/c109135d-943c-4961-8894-3b02faf0ff26.pdf

Canara Bank has filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, with the stock exchanges on May 7, 2026. The report has been submitted in accordance with Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Circular CIR/CFD/CMD1/27/2019 dated February 8, 2019. The compliance report was issued by M/s Ragini Chokshi & Co., Company Secretaries, Mumbai, and submitted by Company Secretary Santosh Kumar Barik.

Scope of Examination

The practicing company secretaries examined all documents, records, filings, and submissions made by Canara Bank to the stock exchanges, as well as the bank's website and other relevant documents for the review period ending March 31, 2026. The examination covered compliance with the SEBI Act, 1992, the Securities Contracts (Regulation) Act, 1956, and a range of specific SEBI regulations. The following regulations were reviewed as part of the compliance assessment:

• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• SEBI (Prohibition of Insider Trading) Regulations, 2015
• SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021
• SEBI (Depositories and Participants) Regulations, 2018
• SEBI (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 (to the extent applicable)
• SEBI (Merchant Bankers) Regulations, 1992
• SEBI (Banker to Issue) Regulations, 1994
• SEBI (Investor Protection and Education Fund) Regulations, 2009

Certain regulations — including SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018; SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021; SEBI (Delisting of Equity Shares) Regulations, 2021; and SEBI (Buyback of Securities) Regulations, 2018 — were noted as not applicable to the bank during the period under review.

Compliance Status: No Deviations Recorded

The report confirms that Canara Bank complied with all applicable SEBI regulations and circulars during the financial year ended March 31, 2026, with no deviations, violations, or non-compliances identified. There were also no pending observations from previous secretarial compliance reports requiring remedial action. The key compliance parameters reviewed are summarised below:

The Not Applicable status for Secretarial Standards and Director Disqualification reflects the fact that Canara Bank is constituted under the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970, and the provisions of the Companies Act, 2013 are not applicable to the bank.

Report Certification Details

The Annual Secretarial Compliance Report was issued by Ragini Chokshi of M/s Ragini Chokshi & Co., Company Secretaries, Mumbai, and digitally signed on May 6, 2026. The relevant certification details are as follows:

The report was submitted to the stock exchanges by Company Secretary Santosh Kumar Barik on May 7, 2026, under reference number SD/65/66/11/12:2026-27. The practicing company secretaries noted that this report is solely for the purpose of compliance under Regulation 24A(2) of the SEBI (LODR) Regulations, 2015, and does not constitute an audit or an expression of opinion on the financial records of the bank.