Canara Bank

Canara Bank reported a mixed Q4 FY26. Full-year net profit grew 12.69%Current reported value: 12.69%. No comparable prior figure is available in the source record. to ₹19,187 croreCurrent reported value: ₹19,187 crore. No comparable prior figure is available in the source record., driven by strong credit growth of 15.30%Current reported value: 15.30%. No comparable prior figure is available in the source record. and NIM improvement of 9 bps QoQ to 2.5-2.6%. However, quarterly operating profit fell sharply due to the absence of ₹1,930 crore listing gains from Canara HSBC and Canara Rebecca, and MTM losses of ₹800 crore from bond yield volatility. Asset quality improved with GNPA down 110 bps YoY to 1.84%Current 1.84%. Reported change: -110 bps YoY. and SMA book declining. Management guided for 11-12% credit growth in FY27 (confident of exceeding), NIM of 2.5-2.6%, and ROA above 1%. ECL implementation impact of ~₹10,000 crore can be absorbed over four years. Key risk: elevated slippages in MSME and agri segments could pressure credit costs.