Canara Bank Q2 earnings: NPAs, provisions fall; shares gain 5%
Canara Bank stock rose 5% to Rs 126.40 in the current session against the previous close of Rs 120.20. Market cap of the lender rose to Rs 1.14 lakh crore.
- Oct 14, 2026,
- Updated Oct 14, 2026 12:34 PM IST
Shares of Canara Bank rose 5% today after the lender announced its Q2 earnings. Canara Bank stock rose 5% to Rs 126.40 in the current session against the previous close of Rs 120.20. Market cap of the lender rose to Rs 1.14 lakh crore.
Canara Bank net profit rose 8.40% to Rs 5175 crore in Q2 against Rs 4774 crore in the year ago period. Net interest income came at Rs 11005 crore in Q2 against Rs 9141 crore in the September 2025 quarter. Total provisions fell to Rs 3583 crore in the last quarter against Rs 3814 crore in the year ago period.
Gross non performing assets slipped to 1.57% in Q2 against 2.35% in the September 2025 quarter.
Provision Coverage Ratio (PCR) stood at 95.34% as at September 2026 against 94.76% as at June 2026 and 93.59% as at September 2025.
Global Business rose 15.88% (y.o.y) to Rs 30,72,365 Cr as on September 2026, Global Deposits increased by 13.13% (y.o.y) to Rs 16,97,305 Cr and Global Advance (gross) increased by 19.46% (y.o.y) to Rs 13,75,060 crore.
Domestic Deposits of the Bank grew 10.79% year-on-year to Rs 15,47,979 crore as at September 2026. Domestic Advances (gross) of the bank stood at Rs 12,64,753 Cr as at September 2026 grew by 16.95% (y.o.y).
Shares of Canara Bank rose 5% today after the lender announced its Q2 earnings. Canara Bank stock rose 5% to Rs 126.40 in the current session against the previous close of Rs 120.20. Market cap of the lender rose to Rs 1.14 lakh crore.
Canara Bank net profit rose 8.40% to Rs 5175 crore in Q2 against Rs 4774 crore in the year ago period. Net interest income came at Rs 11005 crore in Q2 against Rs 9141 crore in the September 2025 quarter. Total provisions fell to Rs 3583 crore in the last quarter against Rs 3814 crore in the year ago period.
Gross non performing assets slipped to 1.57% in Q2 against 2.35% in the September 2025 quarter.
Provision Coverage Ratio (PCR) stood at 95.34% as at September 2026 against 94.76% as at June 2026 and 93.59% as at September 2025.
Global Business rose 15.88% (y.o.y) to Rs 30,72,365 Cr as on September 2026, Global Deposits increased by 13.13% (y.o.y) to Rs 16,97,305 Cr and Global Advance (gross) increased by 19.46% (y.o.y) to Rs 13,75,060 crore.
Domestic Deposits of the Bank grew 10.79% year-on-year to Rs 15,47,979 crore as at September 2026. Domestic Advances (gross) of the bank stood at Rs 12,64,753 Cr as at September 2026 grew by 16.95% (y.o.y).