Canara Bank financials and balance sheet

NSE: CANBKBSE: 532483BanksLarge Cap

₹116.16₹4.78 (3.95%)BSE ₹116.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹120.94.

52-week range of traded prices to 23 Oct 2026

₹115.37Low, 23 Oct 2026₹162.89High, 26 Feb 2026

Market cap: ₹1,05,365 Cr80th largest listed
P/E: 5.2
P/B: 0.8
Dividend yield: 3.62%
ROE: 16.8%
NIM: 2.21%
Gross NPA: 1.33%
Net NPA: 0.30%
CET1: 12.80%
ROA: 0.99%
Volume, NSE: 2,76,86,53347.1% delivered

10 years at a glance

Consolidated, laid out as a bank files them.Canara Bank annual reports

Net interest income, Net profit, ₹ crore

Net interest income
Net profit
Loss

Net interest margin, Return on assets, Gross bad loans, per cent

Net interest margin
Return on assets
Gross bad loans

Canara Bank business segments, year to Mar 2026

A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them. A segment at a loss has no share of profit.Canara Bank segment results by quarter

Revenue by segment

₹1,53,083 CrTotal

Retail Banking operations₹68,931 Cr45.0% of total
wholesale Banking operations₹50,452 Cr33.0% of total
Treasury Operations₹33,700 Cr22.0% of total

Profit by segment

Retail Banking operations₹13,814 Cr52.3% of total
Treasury Operations₹12,605 Cr47.7% of total

Segment results by year

Consolidated, ₹ crore, years to March.

Retail Banking operations
Revenue, ₹ crore
19,624
22,525
32,676
35,968
48,055
60,871
64,973
68,931
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
3,200
2,979
3,744
6,331
11,650
16,653
15,932
13,814
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
wholesale Banking operations
Revenue, ₹ crore
21,261
20,566
29,416
27,678
32,742
42,162
49,042
50,452
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
3,503
2,255
−6,447
−5,227
−1,956
−1,425
−879
−1,738
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Treasury Operations
Revenue, ₹ crore
11,903
13,274
22,313
22,110
21,973
24,629
27,686
33,700
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
3,593
3,743
6,482
8,031
4,633
4,659
7,840
12,605
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26

₹ crore	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue of all businesses	53,798	61,008	93,660	94,257	1,11,210	1,39,165	1,52,658	1,53,083
Company revenue, as in its results	54,269	61,558	93,660	94,257	1,11,210	1,39,165	1,52,658	1,53,083
Revenue	19,624	22,525	32,676	35,968	48,055	60,871	64,973	68,931
Revenue growth	–	14.8%	45.1%	10.1%	33.6%	26.7%	6.7%	6.1%
Profit	3,200	2,979	3,744	6,331	11,650	16,653	15,932	13,814
Profit growth	–	−6.9%	25.7%	69.1%	84.0%	42.9%	−4.3%	−13.3%
Margin	16.3%	13.2%	11.5%	17.6%	24.2%	27.4%	24.5%	20.0%
Assets	–	2,10,806	3,58,608	4,04,781	4,41,613	5,28,695	5,92,633	7,03,100
Liabilities	–	2,05,794	3,45,570	3,89,838	4,15,293	4,76,774	5,79,145	6,71,519
Revenue	21,261	20,566	29,416	27,678	32,742	42,162	49,042	50,452
Revenue growth	–	−3.3%	43.0%	−5.9%	18.3%	28.8%	16.3%	2.9%
Profit	3,503	2,255	−6,447	−5,227	−1,956	−1,425	−879	−1,738
Profit growth	–	−35.6%	–	–	–	–	–	–
Margin	16.5%	11.0%	−21.9%	−18.9%	−6.0%	−3.4%	−1.8%	−3.4%
Assets	–	2,72,201	3,84,153	3,99,830	4,81,285	5,20,334	5,57,950	6,15,300
Liabilities	–	2,64,120	3,72,942	3,99,803	4,79,259	5,15,776	5,50,626	5,92,137
Revenue	11,903	13,274	22,313	22,110	21,973	24,629	27,686	33,700
Revenue growth	–	11.5%	68.1%	−0.9%	−0.6%	12.1%	12.4%	21.7%
Profit	3,593	3,743	6,482	8,031	4,633	4,659	7,840	12,605
Profit growth	–	4.2%	73.2%	23.9%	−42.3%	0.6%	68.3%	60.8%
Margin	30.2%	28.2%	29.1%	36.3%	21.1%	18.9%	28.3%	37.4%
Assets	–	1,97,678	3,51,207	3,70,831	3,70,108	4,08,278	4,67,088	4,59,960
Liabilities	–	1,85,491	3,42,346	3,44,038	3,40,423	3,79,860	4,19,201	4,45,342
Revenue	1,010	4,643	9,255	8,500	8,440	11,504	10,957	–
Revenue growth	–	359.5%	99.3%	−8.2%	−0.7%	36.3%	−4.8%	–
Profit	165	171	102	10	100	113	132	–
Profit growth	–	3.7%	−40.4%	−90.0%	874.8%	13.5%	16.8%	–
Margin	16.3%	3.7%	1.1%	0.1%	1.2%	1.0%	1.2%	–
Assets	–	15,946	22,584	27,215	31,310	38,751	42,914	–
Liabilities	–	15,342	21,932	26,557	29,957	37,332	41,397	–
	0	0	0	0	0	–	0	–
Profit	0	0	0	0	0	–	0	–
Assets	–	0	0	0	0	–	0	–
Liabilities	–	0	0	0	0	–	0	–
Revenue	471	550	0	0	0	0	–	–
Profit	0	0	0	0	0	0	–	–
Assets	0	44,809	62,988	55,006	56,714	38,960	–	–
Liabilities	0	29,488	34,340	27,467	37,140	32,142	–	–

Profit is before tax and finance costs, the way companies report their segments.

Income

₹ crore, years to March. Employee costs and other operating expenses are left blank for the year to Mar 2018: the lines stated do not add to the total the filing states, so the split is not given. Tax is left blank for the year to Mar 2026: profit before tax less the tax charge stated does not come to the profit after tax the same statement states, so the tax charge is not shown.

₹ crore	Mar 2017	Mar 2018	Mar 2019Filed 23 May	Mar 2020Filed 25 Jun	Mar 2021Filed 18 May	Mar 2022Filed 7 May	Mar 2023Filed 9 May	Mar 2024Filed 9 May	Mar 2025Filed 9 May	Mar 2026Filed 11 May
Total income	49,309	48,743	54,269	61,558	93,660	94,257	1,11,210	1,39,165	1,52,658	1,53,083
	41,457	41,345	46,897	49,759	70,213	70,614	85,885	1,10,519	1,21,601	1,26,371
On loans	29,574	29,102	34,309	36,060	50,422	49,880	61,372	78,206	87,799	93,248
On investments	10,773	10,485	11,019	12,165	17,821	18,164	21,004	24,517	26,419	25,122
On balances with the RBI and other banks	780	654	834	1,409	1,861	2,174	2,962	4,249	4,678	5,951
Other interest	330	1,105	735	124	108	396	548	3,546	2,705	2,051
Interest paid	31,540	29,113	32,339	35,817	45,183	43,035	52,990	72,118	82,681	89,138
Net interest income	9,916	12,232	14,558	13,942	25,030	27,578	32,895	38,401	38,920	37,234
Other income	7,852	7,398	7,372	11,799	23,447	23,643	25,325	28,646	31,057	26,712
	8,612	9,838	11,106	16,067	28,285	27,924	30,245	37,337	38,189	31,142
Employee costs	4,963	–	5,963	7,501	13,099	13,209	14,293	17,112	18,606	19,279
Other operating expenses	3,649	–	5,144	8,566	15,185	14,715	15,953	20,225	19,583	11,863
Profit before provisions	9,156	9,793	10,824	9,674	20,192	23,298	27,974	29,710	31,789	32,804
Set aside for bad loans	7,410	16,201	12,935	11,188	16,311	12,798	13,548	9,711	8,764	8,122
Exceptional items	0	0	0	0	0	−1,355	0	0	0	0
Profit before tax	1,746	−6,408	−2,111	−1,514	3,882	9,145	14,427	20,000	23,025	24,681
Tax	513	−2,321	−2,659	509	1,180	3,350	3,619	0	5,689	–
Share of profit of associates	–	–	149	102	255	363	537	619	356	–
The lines under it are parts of it, not all of it.	1,358	−3,951	696	−1,921	2,957	6,158	11,345	20,618	17,692	17,879
Belonging to outside owners of subsidiaries	–	–	94	65	66	34	90	122	152	6
Earnings per share	₹5.00	−₹13.19	₹1.64	−₹4.71	₹3.82	₹7.01	₹12.41	–	₹19.34	₹21.73
Diluted earnings per share	₹5.00	−₹13.19	₹1.64	−₹4.71	₹3.82	₹7.01	₹12.41	–	₹19.34	₹21.73

Balance sheet

₹ crore, at 31 March.

₹ crore	Mar 2019Filed 23 May	Mar 2020Filed 25 Jun	Mar 2021Filed 18 May	Mar 2022Filed 7 May	Mar 2023Filed 9 May	Mar 2024Filed 9 May	Mar 2025Filed 9 May	Mar 2026Filed 11 May
Total assets	7,11,783	7,41,440	11,79,540	12,57,664	13,81,030	15,35,018	17,30,691	18,87,325
Cash and balances with the RBI	29,921	22,573	43,116	51,637	55,045	71,135	90,048	54,054
With banks and at call	36,610	46,017	1,35,750	1,30,754	86,658	80,030	1,15,842	1,52,277
Loans given	4,28,115	4,32,403	6,39,287	7,03,864	8,30,929	9,31,787	10,49,332	12,20,018
Investments	1,68,678	1,92,645	2,86,191	3,11,347	3,52,893	3,99,207	4,26,188	4,07,389
Fixed assets	8,433	8,323	11,271	11,450	10,334	12,331	10,302	10,595
Other assets	40,026	39,478	63,924	48,611	45,171	40,528	38,979	42,993
Deposits	5,99,123	6,25,408	10,10,985	10,86,341	11,79,086	13,12,242	14,56,495	15,68,333
Borrowings	41,043	42,762	50,013	46,285	58,073	57,538	89,665	1,55,288
Other liabilities and provisions	33,928	32,064	56,132	55,076	64,912	73,104	79,114	45,999
	37,689	41,206	62,410	69,961	78,958	92,133	1,05,417	1,17,705
Share capital	753	1,030	1,647	1,814	1,814	1,814	1,814	1,814
Reserves	36,936	40,176	60,763	68,147	77,143	90,319	1,03,603	1,15,891

Bad loans and capital

Per cent, and the bad loans themselves in ₹ crore. A non-performing loan is one the borrower has stopped paying, generally for 90 days.

Figure	Mar 2017	Mar 2018	Mar 2019Filed 23 May	Mar 2020Filed 25 Jun	Mar 2021Filed 18 May	Mar 2022Filed 7 May	Mar 2023Filed 9 May	Mar 2024Filed 9 May	Mar 2025Filed 9 May	Mar 2026Filed 11 May
Gross bad loans, ₹ crore	34,407	47,699	39,444	37,251	60,398	55,714	46,214	40,657	31,548	22,749
Net bad loans, ₹ crore	21,739	28,593	22,986	18,288	24,455	18,676	14,356	11,831	7,357	5,209
Gross bad loans, % of loans	–	11.88%	8.87%	8.24%	8.94%	7.51%	5.35%	4.23%	2.94%	1.84%
Net bad loans, % of loans	–	7.48%	5.37%	4.23%	3.28%	2.65%	1.73%	1.27%	0.70%	0.43%
Bad loans already provided for	36.82%	40.05%	41.72%	50.91%	59.51%	66.48%	68.94%	70.90%	76.68%	77.10%
Core equity to risk-weighted loans	–	9.62%	8.44%	9.47%	8.71%	10.34%	11.65%	11.65%	12.09%	12.47%
Tier 1 capital	–	–	9.16%	10.21%	10.18%	11.99%	13.84%	14.01%	14.43%	14.62%
Additional tier 1 capital	–	–	0.72%	0.74%	1.47%	1.65%	2.19%	2.36%	2.34%	2.15%
Held by the government	–	72.55%	70.62%	78.52%	69.33%	62.93%	62.93%	62.93%	62.93%	62.93%

Margins and returns

Per cent a year, on the average of the opening and closing balance sheets.

Figure	Mar 2017	Mar 2018	Mar 2019Filed 23 May	Mar 2020Filed 25 Jun	Mar 2021Filed 18 May	Mar 2022Filed 7 May	Mar 2023Filed 9 May	Mar 2024Filed 9 May	Mar 2025Filed 9 May	Mar 2026Filed 11 May
Net interest margin	–	–	–	2.14%	2.89%	2.50%	2.72%	2.86%	2.59%	2.21%
Yield on interest-earning assets	–	–	–	7.63%	8.11%	6.40%	7.11%	8.24%	8.10%	7.50%
Cost of funds	–	–	–	5.48%	5.23%	3.92%	4.47%	5.53%	5.67%	5.45%
Spread	–	–	–	2.15%	2.88%	2.47%	2.64%	2.71%	2.43%	2.05%
Cost to income	48.47%	50.12%	50.64%	62.42%	58.35%	54.52%	51.95%	55.69%	54.57%	48.70%
Credit cost	–	–	–	2.60%	3.04%	1.91%	1.77%	1.10%	0.88%	0.72%
Loans to deposits	–	–	71.46%	69.14%	63.23%	64.79%	70.47%	71.01%	72.05%	77.79%
Return on assets	–	–	–	−0.26%	0.31%	0.51%	0.86%	1.41%	1.08%	0.99%
Assets per rupee of net worth	–	–	–	18.42	18.54	18.41	17.72	17.04	16.53	16.22
Return on equity	–	–	–	−4.87%	5.71%	9.30%	15.24%	24.10%	17.91%	16.03%

Where the return on assets comes from

Per cent of average total assets, a year. Each line adds to the one below it. The year to Mar 2019, the first with a balance sheet on this form, has none a year before it to average with, so its ratios are blank. Tax and associates and businesses sold or closed are left blank for the year to Mar 2026: profit before tax less the tax charge stated does not come to the profit after tax the same statement states, so the tax charge is not shown.

Per cent	Mar 2020Filed 25 Jun	Mar 2021Filed 18 May	Mar 2022Filed 7 May	Mar 2023Filed 9 May	Mar 2024Filed 9 May	Mar 2025Filed 9 May	Mar 2026Filed 11 May
Net interest income	1.92%	2.61%	2.26%	2.49%	2.63%	2.38%	2.06%
Other income	1.62%	2.44%	1.94%	1.92%	1.96%	1.90%	1.48%
Operating expenses	2.21%	2.94%	2.29%	2.29%	2.56%	2.34%	1.72%
Profit before provisions	1.33%	2.10%	1.91%	2.12%	2.04%	1.95%	1.81%
Set aside for bad loans	1.54%	1.70%	1.05%	1.03%	0.67%	0.54%	0.45%
Exceptional items	0.00%	0.00%	−0.11%	0.00%	0.00%	0.00%	0.00%
Profit before tax	−0.21%	0.40%	0.75%	1.09%	1.37%	1.41%	1.36%
Tax	0.07%	0.12%	0.27%	0.27%	0.00%	0.35%	–
Associates and businesses sold or closed	0.01%	0.03%	0.03%	0.04%	0.04%	0.02%	–
Return on assets	−0.26%	0.31%	0.51%	0.86%	1.41%	1.08%	0.99%

Cash flow

Consolidated, ₹ crore, years to March. The last column is the half year to Sep 2026, after the latest full year: the cash flow over its six months.

₹ crore	Mar 2021Filed 18 May	Mar 2022Filed 7 May	Mar 2023Filed 9 May	Mar 2024Filed 9 May	Mar 2025Filed 9 May	Mar 2026Filed 11 May	Sep 2026Half yearFiled 14 Oct
Cash from operations	59,118	745	−39,978	15,047	60,669	7,942	7,874
Capital spending	807	821	0	1,253	1,162	0	811
Free cash flow	58,311	−76	−39,978	13,793	59,507	7,942	7,063
Cash from investing	−1,029	−1,256	−1,238	−1,748	−2,461	−2,812	329
Cash from financing	290	4,035	445	−3,837	−3,506	−4,795	−6,013
Dividends paid	0	0	1,179	2,177	2,921	3,628	3,810
Shares issued	1,991	2,490	0	0	0	0	0
Net change in cash	58,379	3,525	−40,770	9,462	54,701	335	2,190

Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Consolidated, ₹ per share, years to March.Canara Bank dividend history

₹ per share	Mar 2017	Mar 2018	Mar 2019Filed 23 May	Mar 2020Filed 25 Jun	Mar 2021Filed 18 May	Mar 2022Filed 7 May	Mar 2023Filed 9 May	Mar 2024Filed 9 May	Mar 2025Filed 9 May	Mar 2026Filed 11 May
	₹5.00	−₹13.19	₹1.64	−₹4.71	₹3.82	₹7.01	₹12.41	–	₹19.34	₹21.73
As stated that year	₹24.98	−₹65.95	₹8.18	−₹23.55	₹19.11	₹35.04	₹62.04	–	₹19.34	₹21.73
	₹5.00	−₹13.19	₹1.64	−₹4.71	₹3.82	₹7.01	₹12.41	–	₹19.34	₹21.73
As stated that year	₹24.98	−₹65.95	₹8.18	−₹23.55	₹19.11	₹35.04	₹62.04	–	₹19.34	₹21.73
	₹0.20	–	–	–	–	₹1.30	₹2.40	₹3.22	₹4.00	₹4.20
As declared that year	₹1.00	–	–	–	–	₹6.50	₹12.00	₹3.22	₹4.00	₹4.20
	–	–	₹100.07	₹79.99	₹75.80	₹77.13	₹87.05	₹101.57	₹116.22	₹129.76
On that year's share count	–	–	₹500.36	₹399.97	₹378.99	₹385.65	₹435.24	₹507.86	₹116.22	₹129.76
Dividend payout	4.4%	–	–	–	–	19.3%	19.3%	14.3%	20.7%	21.3%
Shareholder yield	–	–	–	–	−7.9%	−6.0%	2.3%	2.1%	3.6%	3.2%
Market cap at the year end (₹ crore)	18,083	15,762	21,359	9,324	25,063	41,317	51,603	1,05,410	80,729	1,11,977

Every year is restated for later splits and bonuses, so they do not break the line. The figure the company stated that year is under each line it differs from. As stated that year and earnings per share are left blank for the year to Mar 2024: the earnings per share stated does not match any profit the filing states over the shares in issue, and the share count barely moved during the period.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Measure	10 years	5 years	3 years
Revenue growth, yearly rate	12.0%	10.3%	11.2%
Profit growth, yearly rate	–	44.0%	16.7%
Return on equity, average	–	16.4%	19.2%
Net margin, average	5.1%	11.0%	12.7%
Asset turnover, average	–	0.09	0.09

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore	5 years	3 years	Latest year
Cash from operations	44,425	83,657	7,942
Cash from investing	−9,515	−7,021	−2,812
Cash from financing	−7,657	−12,137	−4,795
Capital spending	3,236	2,415	0
Dividends paid	9,905	8,726	3,628
Shares issued for cash	2,490	0	0

Credit ratings

An agency's view of the chance the company repays a borrowing on time, from AAA, the highest, down to D, in default.

Date	Agency	Borrowing rated	Rating	Outlook	Amount, ₹ Cr
8 Sep 2026	ICRA Limited (opens in a new tab)	Basel III Tier II Bonds	[ICRA]AAAReview, Re-affirm	Stable	3,000
4 Sep 2026	India Ratings and Research Private Limited (opens in a new tab)	Perpetual non-convertible debentures	IND AA+Review, Re-affirm	Stable	1,500
4 Sep 2026	India Ratings and Research Private Limited (opens in a new tab)	Callable, Puttable notes/ Bonds	WDReview, Other		3,000
4 Sep 2026	India Ratings and Research Private Limited (opens in a new tab)	Issuer Rating	IND AAAReview, Re-affirm	Stable
4 Sep 2026	India Ratings and Research Private Limited (opens in a new tab)	Bond	IND AAAReview, Re-affirm	Stable	5,000
4 Sep 2026	India Ratings and Research Private Limited (opens in a new tab)	Callable, Puttable notes/ Bonds	IND AAAReview, Re-affirm	Stable	5,000
9 Aug 2026	ICRA Limited (opens in a new tab)	Basel III Tier I Bonds	[ICRA]AA+New, New	Stable	4,500
9 Aug 2026	ICRA Limited (opens in a new tab)	Certificate Of Deposit	[ICRA]A1+Review, Re-affirm		3,275
12 Mar 2026	CARE Ratings Limited (opens in a new tab)	Bonds-Tier II Bonds	CARE AAAReview, Re-affirm	Stable	4,000
12 Mar 2026	CARE Ratings Limited (opens in a new tab)	Bonds-Tier I Bonds	CARE AA+Review, Re-affirm	Stable	3,500
12 Mar 2026	CARE Ratings Limited (opens in a new tab)	Bonds-Infrastructure Bonds	CARE AAAReview, Re-affirm	Stable	5,000
12 Mar 2026	CARE Ratings Limited (opens in a new tab)	Bonds-Tier II Bonds	WithdrawnReview, Other
9 Mar 2026	ICRA Limited (opens in a new tab)	Tier I (Basel III) - Bond Programme	[ICRA]AA+Review, Re-affirm	Stable	1,097
9 Mar 2026	ICRA Limited (opens in a new tab)	Basel III Compliant Tier II Capital	[ICRA]AAAReview, Re-affirm	Stable	3,000
18 Feb 2026	CRISIL Ratings Limited (opens in a new tab)	Tier I Bonds (Under Basel III)	Crisil AA+Review, Re-affirm	Stable	160.90
18 Feb 2026	CRISIL Ratings Limited (opens in a new tab)	Infrastructure Bonds	Crisil AAAReview, Re-affirm	Stable	10,000
18 Feb 2026	CRISIL Ratings Limited (opens in a new tab)	Certificate of Deposits	Crisil A1+Review, Re-affirm		65,000
18 Feb 2026	CRISIL Ratings Limited (opens in a new tab)	Tier I Bonds (Under Basel III)	WithdrawnReview, Other		1,012
18 Feb 2026	CRISIL Ratings Limited (opens in a new tab)	Tier II Bonds (Under Basel III)	WithdrawnReview, Other		1,500
18 Feb 2026	CRISIL Ratings Limited (opens in a new tab)	Tier I Bonds (under Basel III)	Crisil AA+Review, Re-affirm	Stable	1,403
18 Feb 2026	CRISIL Ratings Limited (opens in a new tab)	Tier II Bonds (Under Basel III)	Crisil AAAReview, Re-affirm	Stable	3,000
13 Feb 2026	ICRA Limited (opens in a new tab)	Certificates of deposit	[ICRA]A1+Review, Re-affirm		1,235
5 Jan 2026	CRISIL Ratings Limited (opens in a new tab)	Certificate of Deposit	Crisil A1+Review, Other		65,000
11 Aug 2025	ICRA Limited (opens in a new tab)	Tier I (Basel III) - Bond	[ICRA]AA+Review, Re-affirm	Stable	1,403

The latest rating on each borrowing. The agency's name opens its reasoning for the rating.