Canara Bank Share Price Gains Over 3% After Q2 FY27 Earnings Results: Net Profit Up 6.5% YoY

Written by: Team Angel OneUpdated on: 14 Oct 2026, 6:58 pm IST

Canara Bank reports a 6.5% YoY increase in net profit to ₹5,182.03 crore for quarter ending September 30, 2026, with total income at ₹40,938.80 crore.

On October 14, 2026, Canara Bank released its consolidated financial results for the quarter and half-year ending September 30, 2026, as per the exchange filings.

The bank's total income for the September 2026 quarter decreased by 2.6% year-on-year to ₹40,938.80 crore, while net profit increased by 6.5% to ₹5,182.03 crore.

Canara Bank Q2 FY27 Earnings Results

For the September 2026 quarter, Canara Bank's total income stood at ₹40,938.80 crore, down from ₹42,013.74 crore a year ago. However, it saw a 3.1% increase from the previous quarter's ₹39,695.71 crore.

Net profit for the quarter rose to ₹5,182.03 crore, marking a 6.5% year-on-year increase from ₹4,865.76 crore.

Half-Yearly Financial Overview

For the half-year ending September 30, 2026, the bank's total income was ₹80,634.51 crore, reflecting a 3.4% decline from the previous year's ₹83,455.25 crore. Net profit for the same period increased by 27.7% year-on-year to ₹10,046.11 crore.

Global Business and Domestic Credit

Canara Bank's global business volume reached ₹30,72,365 crore, showing a 15.88% year-on-year growth. Total gross global advances increased by 19.46% to ₹13,75,060 crore, while global deposits grew by 13.13% to ₹16,97,305 crore.

Domestically, gross advances rose by 16.95% to ₹12,64,753 crore, with the RAM credit portfolio expanding by 21.03% to ₹8,12,310 crore.

Retail Lending and Asset Quality

The retail lending portfolio expanded by 31.61% year-on-year to ₹3,30,587 crore. Vehicle loans grew by 25.50%, and the housing loan portfolio increased by 17.35% to ₹1,34,501 crore.

The bank's Gross NPA ratio improved by 102 basis points to 1.33%, and the Net NPA ratio dropped by 24 basis points to 0.30%.

Capital Adequacy and Priority Sector Lending

Canara Bank's capital adequacy ratio was stable at 17.19%, with a Common Equity Tier 1 capital of 12.80%. The bank surpassed the priority sector lending mandate, achieving 44.99% against the 40% requirement, with agricultural credit at 20.61%.

As of October 14, 2026, at 12:47 PM, Canara Bank share price on NSE was trading at ₹124.72, up by 3.55% from the previous closing price.

Conclusion

Canara Bank's September 2026 quarter results show a 6.5% increase in net profit to ₹5,182.03 crore, with total income at ₹40,938.80 crore. The bank's global business volume grew by 15.88% to ₹30,72,365 crore, and retail lending expanded by 31.61% to ₹3,30,587 crore.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 14, 2026, 1:27 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More