Canara Bank Share Price in Focus; Global Business Grows 15.88% in Q2 FY27

Canara Bank reported a net profit of ₹5,175 crore for the quarter ended September 30, 2026, compared with the year-ago period, an increase of 8.40%, as per an exchange filing dated October 14, 2026.  

Operating profit rose 1.98% to ₹8,758 crore. Earnings per share stood at ₹22.06, up 5% year-on-year, according to the bank’s October 14 press release. 

Deposits and Advances 

The bank’s global business reached ₹30,72,365 crore in September 2026, an increase of 15.88% over September 2025. Global deposits rose 13.13% to ₹16,97,305 crore, while gross global advances increased 19.46% to ₹13,75,060 crore. 

Domestic deposits stood at ₹15,47,979 crore, up 10.97% year-on-year. Domestic gross advances increased 16.95% to ₹12,64,753 crore. 

Retail Lending Grows 

Canara Bank’s retail lending portfolio rose 31.61% to ₹3,30,587 crore during the year. Housing loans increased 17.35% to ₹1,34,501 crore, while vehicle loans grew 25.50%. 

Credit to the Retail, Agriculture and MSME (RAM) segment reached ₹8,12,310 crore, registering annual growth of 21.03%. 

Non-Performing Assets Decline 

The gross non-performing asset (GNPA) ratio fell to 1.33% in September 2026 from 2.35% a year earlier. It had stood at 1.57% in June 2026. The net NPA ratio declined to 0.30% from 0.54% in September 2025. 

The provision coverage ratio increased to 95.34% from 93.59% a year earlier. Credit cost stood at 0.47%, while the slippage ratio was 0.58%. 

Capital and Branch Network 

The bank’s capital adequacy ratio stood at 17.19% as of September 30, 2026. Its network comprised 10,146 branches and 10,764 ATMs and recyclers, including four overseas branches in London, New York, Dubai and GIFT City. 

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Canara Bank Share Price Performance  

As of October 15, 2026, at 3:30 pm, Canara Bank share price closed at ₹117.25, down 6.02% from the previous closing price. 

Conclusion 

Canara Bank’s September 2026 results showed higher annual net profit, deposits and advances. The bank also reported lower gross and net NPA ratios than in September 2025. 

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