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CANBK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts less than Nifty 100 and 1.4 pts less than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Canara Bank reported standalone net profit of Rs. 19,186.67 crore for FY2026, up 12.7% from Rs. 17,026.67 crore in the prior year. Total income grew 7.7% to Rs. 1,53,204 crore. Basic EPS stood at Rs. 21.15 versus Rs. 18.77 last year. The bank improved asset quality — Gross NPA fell from 2.94% to 1.84% and Net NPA from 0.70% to 0.43%, with a provision coverage ratio of 94.21%. Capital adequacy (CET-1: 17.04%, Total CAR: 17.04%) remains robust. The board recommended a dividend of Rs. 4.20 per share (210%). On a consolidated basis, net profit after minority interest was Rs. 17,872.88 crore. An extraordinary item of Rs. 1,833.03 crore was recorded in consolidated results due to the amalgamation of Andhra Pragathi Grameena Bank. Two associate companies (Canara Robeco AMC and Canara HSBC Life Insurance) were listed via OFS during the year, generating a pre-tax profit of Rs. 1,929.56 crore on standalone basis. An unmodified audit opinion was issued.
Strong profit growth, improving asset quality, and a healthy capital position are positive for shareholders. The large extraordinary item from the APGB amalgamation boosted consolidated results. The dividend payout signals board confidence.