Canara Bank — Investor Meet, 28-07-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Canara Bank delivered strong Q1 FY26 results. Global business rose 11% to ₹2,563,000 Cr, with advances up 12.42% to ₹1,096,000 Cr & deposits growing 10% to ₹1,467,000 Cr. Net Profit jumped 21.69% YoY to ₹4,752 Cr (EPS ₹21.01). Asset quality improved remarkably: Gross NPA at 2.69% & Net NPA at 0.63%. Management expects NIM to stabilize around 2.5% in Q2, aided by lower deposit costs. Recoveries are anticipated to improve significantly. Focus on RAM credit (up 15% YoY) and digital lending platforms for continued growth. Sentiment is positive on future performance.