Bengaluru-based lender Canara Bank on Monday reported a 9.9% decline in its fourth quarter net profit to ₹4,506 crore, as against ₹5,004 crore in the corresponding quarter a year ago. This was mostly due to the decline in Non-Interest Income, drop in treasury income, compression in operating profit and increase in slippages (bad loans). During Q4, the bank’s slippage rose to ₹2,800 compared to some ₹1,899 crore in the sequential quarter. For the full year, the bank posted a net profit of ₹19,187 crore, as against ₹17,027 crore in the corresponding quarter a year ago. The bank’s net interest income (NII) in the quarter increased 4% year-on-year to ₹9,808 crore from ₹9,442 crore.

Canara Bank’s non-interest income during the quarter dropped 24% to ₹4,824 crore, mainly due to a sharp fall (72.7%) in treasury income, year-on-year, to ₹272 crore in Q4FY26. The bank’s provisions also declined 31.3% to ₹2,252 crore in Q426 from ₹3,280 crore in the same quarter a year ago.

Canara Bank’s savings account deposits in the quarter increased 8.73% year-on-year to ₹3,66,581 crore. However, current account deposits fell 20.06% to ₹62,223 crore. CASA (Current Account and Savings Account) deposits grew 3.3% to ₹4,28,804 crore.

The quarter also saw the bank’s global business growing at 12.11%, global deposits up by 9.71%, and global advances rising by 15.30%, year-on-year.

For FY26, the bank’s global business increased by 12.11% to ₹28,06,226 crore. Global deposit at ₹15,68,678 core marked a 9.71% growth. Global advances stood at ₹12,37,548 crore, grew by 15.30% growth year-on-year. Also, the domestic deposit of the bank stood at ₹14,36,905 crore, growing at 7.95% while domestic advances (gross) grew 15.12% to ₹11,61,143 crore.

According to Canara Bank, its Gross Non-Performing Assets (GNPA) ratio improved to 1.84% as at March 2026, reduced from 2.08% as at December 2025, 2.94% as at March 2025. Also, Net Non-Performing Assets (NNPA) ratio improved to 0.43% as at March 2026 reduced from 0.45% as at December 2025, 0.70 % as at March 2025.

The bank said it also achieved targets in the Priority Sector at 43.71% and Agricultural Credit at 19.52% of ANBC as at March 2026, as against the norm of 40% and 18% respectively. The Board of Directors has recommended a final dividend of ₹4.20 per equity share (210%) for the financial year 2025–26.