Canara Bank has released its consolidated financial results for the quarter and year ended March 31, 2026. The bank reported a decline in total income and net profit on a year-on-year basis for the March 2026 quarter.
For the quarter ended March 31, 2026, Canara Bank's total income decreased by 9.2% year-on-year (YoY) to ₹36,538.61 crore, down from ₹40,256.19 crore in the same quarter of the previous year.
However, on a quarter-on-quarter (QoQ) basis, there was a 10.4% increase from ₹33,089.36 crore in the December 2025 quarter.
The net profit for the March 2026 quarter also saw a decline, falling by 14.1% YoY to ₹4,380.78 crore from ₹5,097.45 crore a year ago.
Compared to the December 2025 quarter, the net profit decreased by 10.0% from ₹4,868.48 crore.
For the financial year 2025-26, Canara Bank's total income experienced a slight increase of 0.3% YoY, reaching ₹1,53,083.22 crore compared to ₹1,52,657.89 crore in the previous year.
However, the net profit for FY26 saw a decline of 1.3% YoY, amounting to ₹17,118.20 crore, down from ₹17,335.99 crore in FY25.
The Board of Directors of Canara Bank has recommended a dividend of 210% on the equity shares of the bank, translating to ₹4.20 per share with a face value of ₹2 each for the financial year 2025-26.
This recommendation is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
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The 24th Annual General Meeting of Canara Bank is scheduled to be held on June 23, 2026, via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The record date for the payment of the dividend is set for June 12, 2026.
As of May 11, 2026, at 1:52 PM, Canara Bank share price on NSE was trading at ₹129.58 down by 3.54% from the previous closing price.
Canara Bank's financial results for the quarter and year ended March 31, 2026, reflect a decrease in both total income and net profit on a year-on-year basis. Despite these declines, the bank has announced a significant dividend for its shareholders, pending approval at the AGM.
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Published on: May 11, 2026, 2:11 PM IST
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