Canara Bank Share Price After Q1 FY27 Results: Canara Bank Results, Earnings, And Balance Sheet Deep Dive

Nidhi Thakur

July 27, 2026

Key Takeaways

Canara Bank posted Q1 FY27 net profit of Rs 4,856 crore, up 2% YoY.
NII grew 13% YoY to Rs 10,216 crore, compared with Rs 9,008 crore last year.
Gross NPA stood at 1.57% and Net NPA at 0.36%, with total NPAs Rs 1,399 crore and NPAs YoY change down about 24%.
The Canara Bank share price moved to Rs 130 on the BSE after earnings.

Canara Bank Share Price: Post-Earnings Momentum And What It Signals

Canara Bank Share Price jumped to Rs 130 on the BSE after the bank posted Q1 FY27 numbers, signaling a blend of growth and improving asset quality. Net profit came in at Rs 4,856 crore, up 2% YoY, while NII climbed 13% to Rs 10,216 crore from Rs 9,008 crore a year ago. Provisions were Rs 3,780 crore with total expenses at Rs 31,048 crore, reflecting disciplined cost management despite rising operating costs. Global business stood at Rs 29 lakh crore, up 14.37% YoY, with global deposits at Rs 16.12 lakh crore and gross global advances at Rs 12.93 lakh crore. Domestic deposits stood at Rs 14.73 lakh crore with domestic advances at Rs 12.07 lakh crore, marking a broad-based growth across segments.

As of June 2026, Canara Bank had a network of 10,131 branches, including 3,211 rural, 3,033 semi-urban, 1,994 urban, and 1,893 metropolitan branches, complemented by 11,047 ATMs and cash recyclers. Overseas presence covers four locations in London, New York, Dubai, and the IBU GIFT City branch, reflecting the bank's global footprint. The RAM credit book stood at Rs 7.65 lakh crore, up 21.20% YoY, while the retail lending portfolio reached Rs 3.20 lakh crore (35.88% YoY) and housing loans Rs 1.29 lakh crore (17.85% YoY). Global business was Rs 29 lakh crore, rising 14.37% YoY, supported by global deposits of Rs 16.12 lakh crore (11.63% YoY) and gross global advances of Rs 12.93 lakh crore (17.97% YoY). Domestic deposits rose to Rs 14.73 lakh crore (10.06% YoY) and domestic advances to Rs 12.07 lakh crore (16.95% YoY).

Canara Bank Results: Q1 FY27 Highlights And Comparisons

In the regulator filing, Q1 FY27 numbers showed net profit of Rs 4,856 crore (2% YoY) and NII of Rs 10,216 crore (13% YoY). Last year's NII was Rs 9,008 crore, illustrating the acceleration in core interest income. Total expenses rose to Rs 31,048 crore, a YoY increase of over 5%. Interest on deposits rose to Rs 20,241 crore, up 2% from Rs 19,834 crore. Provisions were Rs 3,780 crore, up 0.6% YoY, signaling a prudent risk posture. Asset quality showed improvement with gross NPA at 1.57% (vs 2.69% a year earlier) and net NPA at 0.36% (vs 0.63% a year earlier). Total NPAs stood at Rs 1,399 crore, with NPAs YoY change down nearly 24% from Rs 1,845 crore the prior year.

On growth, RAM credit expanded to Rs 7.65 lakh crore, up 21.20% YoY, with the RAM segment supporting retail exposure. The retail lending portfolio rose to Rs 3.20 lakh crore (35.88% YoY) and housing loans to Rs 1.29 lakh crore (17.85% YoY). The global business line stood at Rs 29 lakh crore, up 14.37% YoY, while global deposits were Rs 16.12 lakh crore (11.63% YoY) and gross global advances Rs 12.93 lakh crore (17.97% YoY). Domestic deposits rose to Rs 14.73 lakh crore (10.06% YoY) and domestic advances to Rs 12.07 lakh crore (16.95% YoY).

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Canara Bank Balance Sheet: Growth Vectors And Asset Quality

The balance sheet shows a robust deposit franchise and an expanding loan book. Global deposits stood at Rs 16.12 lakh crore, while domestic deposits stood at Rs 14.73 lakh crore. RAM credit was Rs 7.65 lakh crore, up 21.20% YoY, and the retail lending portfolio reached Rs 3.20 lakh crore (35.88% YoY). Housing loans stood at Rs 1.29 lakh crore (17.85% YoY). The gross NPA was 1.57% and net NPA 0.36%, a meaningful improvement from a year earlier when gross NPA was 2.69% and net NPA 0.63%. Total NPAs were Rs 1,399 crore, with NPAs YoY change down nearly 24% from Rs 1,845 crore the prior year. Provisions were Rs 3,780 crore (YoY +0.6%), signaling prudence in risk management.

Canara Bank Branches: A Global And Domestic Footprint

As of June 30, 2026, Canara Bank operated 10,131 branches across rural (3,211), semi-urban (3,033), urban (1,994), and metropolitan (1,893) areas, supported by 11,047 ATMs and cash recyclers. Overseas branches numbered four, with locations in London, New York, Dubai, and the IBU GIFT City branch, illustrating the bank's international footprint and cross-border capabilities.

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Canara Bank Earnings And Retail Lending: Portfolio Focus And Risk Management

The composition of Canara Bank's earnings shows a strong tilt toward retail and RAM credit. The retail lending portfolio stood at Rs 3.20 lakh crore, up 35.88% YoY, while housing loans were Rs 1.29 lakh crore, up 17.85% YoY. RAM credit totaled Rs 7.65 lakh crore, up 21.20% YoY. Global business at Rs 29 lakh crore grew 14.37% YoY, driven by global deposits of Rs 16.12 lakh crore (11.63% YoY) and gross global advances of Rs 12.93 lakh crore (17.97% YoY). Domestic deposits rose to Rs 14.73 lakh crore (10.06% YoY) and domestic advances to Rs 12.07 lakh crore (16.95% YoY). Total expenses were Rs 31,048 crore, up over 5% YoY, while provisions were Rs 3,780 crore (0.6% YoY).

What The Numbers Mean For Retail Investors

The numbers suggest Canara Bank is expanding core earnings from NII in tandem with a rising retail loan book, while asset quality improves modestly. The drop in gross NPA to 1.57% and net NPA to 0.36% bodes well for credit risk management, even as total expenses rise about 5% YoY. RAM credit at Rs 7.65 lakh crore indicates a broad-based funding pool for expansion, and the retail lending portfolio at Rs 3.20 lakh crore shows a retail-driven growth engine. The Canara Bank share price reaction to Rs 130 post-earnings also signals market confidence, but investors should monitor Q2 for the steadiness of expense management and provisioning. The bank's geographic footprint–10,131 branches and four overseas locations–adds optionality for future growth, particularly if global demand remains resilient. For deeper stock research, consult Swastika's Sarthi AI stock assistant.

Frequently Asked Questions

What was Canara Bank's Q1 FY27 net profit and its year-on-year change?

Rs 4,856 crore, up 2% YoY.

What is Canara Bank's NII for Q1 FY27 and its YoY growth?

Rs 10,216 crore, up 13% YoY from Rs 9,008 crore.

What were Canara Bank's asset-quality metrics in Q1 FY27?

Gross NPA 1.57% (down from 2.69% a year earlier); Net NPA 0.36% (down from 0.63% a year earlier); Total NPAs Rs 1,399 crore with NPAs YoY change down nearly 24% from Rs 1,845 crore.

How extensive is Canara Bank's branch network as of June 30, 2026?

Total branches 10,131: rural 3,211; semi-urban 3,033; urban 1,994; metropolitan 1,893.

What was the Canara Bank share price after earnings on the BSE?

Rs 130.

What were the key global and domestic deposits and advances figures in Q1 FY27?

Global deposits Rs 16.12 lakh crore; Global advances Rs 12.93 lakh crore; Domestic deposits Rs 14.73 lakh crore; Domestic advances Rs 12.07 lakh crore; RAM credit Rs 7.65 lakh crore.

Conclusion

The Q1 FY27 numbers point to a balanced growth trajectory for Canara Bank, with improved asset quality, a robust NII, and a strong retail-led lending mix that supports long-term earnings visibility. While total expenses rose by over 5% YoY, prudent provisioning ensures that the bank remains prepared for potential macro headwinds. The Canara Bank share price reaction to Rs 130 corroborates investor confidence in the growth and risk-management framework, but the true test will come from Q2 performance and the bank's ability to sustain RAM and retail lending momentum.

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Reference :

1 : Economictimes

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