The Board of Directors of Canara Bank, at its meeting held on May 11, 2026, approved the audited standalone and consolidated financial results for the fourth quarter and the full financial year ending March 31, 2026. The bank reported a standalone net profit of ₹4,003.39 Crore for the quarter ended March 31, 2026, representing an 8.61% increase from ₹3,686.29 Crore in the previous quarter (Q3 FY26). Compared to the corresponding quarter of the previous year (Q4 FY25), which saw a profit of ₹3,757.23 Crore, the current profit reflects a 6.55% year-on-year growth. Total interest earned for the quarter stood at ₹31,837.85 Crore, showing a marginal decrease of 0.45% from ₹31,981.60 Crore in the preceding quarter but an increase of 2.70% from ₹31,002.04 Crore in the same period last year. Additionally, the Board recommended a dividend of ₹4.20 per equity share (210%) for the financial year 2025-26.

Canara Bank is one of India’s largest public sector banks, headquartered in Bengaluru and founded in 1906. The bank operates a vast network of over 10,000 domestic branches and maintains an international presence with offices in London, New York, and Dubai. As a multi-service financial entity, it provides a comprehensive range of products including retail and corporate banking, investment management, and specialized agricultural finance. The Government of India remains the majority shareholder, holding a 62.93% stake as of early 2026. Throughout 2025, the bank focused on digital transformation, launching initiatives like the “Canara TruEdge” suite for institutions and expanding its “ai1Pe” UPI application. Significant institutional investors in the bank include the Life Insurance Corporation of India (LIC) and various mutual funds, which collectively hold substantial portions of the non-promoter shareholding.