Canara Bank — Investor Meet, 14-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Canara Bank’s global business crossed ₹25 trillion, driven by 11.3% growth in deposits (₹14.56 lakh crore) and advances (₹10.73 lakh crore). Operating profit rose 12.1% YoY to ₹8,284 Cr; net profit surpassed ₹5,000 Cr, up 33.2% QoQ. Asset quality improved with gross NPA at 2.94% and PCR reaching 92.7%. Retail credit surged 42.8%, led by a new retail gold loan, with housing and vehicle loans growing ~14% and 20%. Fee income jumped 20% to ₹2,335 Cr; NIM improved slightly by 3 bps. Treasury gains for FY26 are expected near ₹4,000 Cr. Management targets 10-11% credit growth, PCR above 95%, and ROA of 1.05%, while focusing on digital initiatives and margin stability amid easing rate pressures.