Canara Bank · NSE:CANBK
Canara Bank — Q3 FY2025-26 Earnings Presentation
47 slides from Canara Bank's earnings presentation, Jan 29, 2026
Slide 1: Cover letter to stock exchanges
Ref: SD:459/460/11/12::2025-26 29.01.2026 The Vice President The Vice President BSE Ltd. Listing Department Phiroze Jeejeebhoy Towers National Stock Exchange of India Ltd Dalal Street Exchange Plaza Mumbai - 400 001 Bandra-Kurla Complex, Bandra [E] Mumbai - 400 051 Scrip Code: 532483 Scrip Code: CAN
Slide 2: Financial Results: Q3 (FY 2025-26)
Financial Results: Q3 (FY 2025-26) A Legacy of Trust Togetherness Transformation Confidential Page 1
Slide 3: Performance Highlights
Performance Highlights ₹ in Crore Global Business Global Deposits Global Advances Operating Profit Net Profit 13.23% 12.95% 13.59% 16.36% 25.61% y-o-y y-o-y y-o-y y-o-y y-o-y 27,13,594 15,21,268 11,92,326 9,119 5,155 Return on Assets PCR Credit Cost Gross NPA Net NPA 1.13% 94.19% 0.64% 2.08% 0.45% y
Slide 4: Key Highlights
Key Highlights ₹ in Crore RAM Credit Retail Credit Housing Loan Vehicle Loan 18.70% 31.37% 17.58% 26.20% y-o-y y-o-y y-o-y y-o-y 7,04,041 2,73,395 1,21,172 25,098 MSME Credit EPS CET-1 Slippage Ratio 13.74% 22.11% 40 bps 32 bps y-o-y y-o-y y-o-y y-o-y decline 1,60,636 21.48 12.37% 0.64% Confidential
Slide 5: Contents
Contents 06-13 Business Performance 15-22 Financial Performance 24-25 Investments 27-32 Asset Quality 34-35 Capital & Shareholding 37-37 Environmental, Social & Governance 39-42 Distribution Network & Digital Footprint 43-43 Subsidiaries & Associates 44-44 Guidance for March 2026 Vs Actuals for Dece
Slide 6: Business Performance
A Legacy of Trust Togetherness Transformation Business Performance Confidential Page 5
Slide 7: Business Performance
Business Performance ₹ in Crore Growth (%) Parameters Dec'24 Mar'25 Jun'25 Sep’25 Dec’25 Q-o-Q Y-o-Y Global Gross Business 2396607 2503194 2540143 2651322 2713594 2.35 13.23 Domestic Gross Business 2245017 2339808 2370884 2476427 2516334 1.61 12.09 Overseas Gross Business 151590 163386 169259 174895
Slide 8: Domestic Deposit Mix
Domestic Deposit Mix ₹ in Crore Growth (%) Parameters Dec'24 Mar'25 Jun'25 Sep'25 Dec'25 Q-o-Q Y-o-Y Saving Deposits 329680 337135 341696 352195 357742 1.57 8.51 Current Deposits 47527 77841 54045 75920 54617 (28.06) 14.92 CASA Deposits 377207 414976 395741 428115 412359 (3.68) 9.32 Term Deposit 880
Slide 9: Advances Mix
Advances Mix RAM: 59% Dec’25 ₹ in Crore Retail 23% Growth (%) Corporate & Others Parameters Dec'24 Sep'25 Dec'25 41% Agriculture & Allied Q-o-Q Y-o-Y MSME 23% 13% RAM Credit 593137 671141 704041 4.90 18.70 Retail 208116 251190 273395 8.84 31.37 Agriculture & Allied 243787 266174 270010 1.44 10.76 RA
Slide 10: Exceeded the Mandated Targets under Priority Sector
Exceeded the Mandated Targets under Priority Sector Exceeded the mandated norms in respect of: ➢ Total Priority (45.25% to ANBC against 40.00% norm) ➢ Agriculture (20.11% to ANBC against 18.00% norm) Mandated Norms under ➢ Small and Marginal Farmers (13.07% to ANBC against 10.00% norm) Priority Sect
Slide 11: RAM & Retail Credit
RAM & Retail Credit ₹ in Crore RAM Retail Loans 704041 273395 18.70% 593137 31.37% 208116 Dec’24 Dec’25 Dec’24 Dec’25 Housing Loans Vehicle Loans 121172 25098 17.58% 26.20% 103053 19888 Dec’24 Dec’25 Dec’24 Dec’25 Confidential Page 10
Slide 12: Industry Credit
Industry Credit ₹ in Crore Growth (in %) Sector/Scheme Dec'24 Sep'25 Dec'25 Q-o-Q Y-o-Y Infrastructure 132672 145069 137098 (5.49) 3.34 NBFC 142731 146473 151419 3.38 6.09 Textile 19224 18677 19170 2.64 (0.28) Iron & Steel 18226 17486 17426 (0.34) (4.39) Commercial Real Estate 19024 21628 23613 9.18
Slide 13: Rating Profile
Rating Profile ₹ in Crore External Rating - Wise Distribution of Domestic Advances above ₹ 50 crore* (% of Total rated loan book above ₹ 50 crore) Dec’24 Sep’25 Dec’25 External Rating Outstanding % Share Outstanding % Share Outstanding % Share A and above 244149 81 257186 83 264236 84 BBB 32957 11 3
Slide 14: Rating Profile
Rating Profile ₹ in Crore Rating Profile of Standard NBFC Domestic Exposure Dec’24 Sep’25 Dec’25 External Rating Exposure % Share Exposure % Share Exposure % Share A and above 141511 99 145344 99 152188 100 BBB 79 1061 57 1 0 1 BB and below 1735 49 35 Total 143325 100 146454 100 152280 100 Confident
Slide 15: Financial Performance
A Legacy of Trust Togetherness Transformation Financial Performance Confidential Page 14
Slide 16: Total Income
Total Income ₹ in Crore Quarterly Parameters Growth (%) Dec'24 Mar'25 Jun'25 Sep’25 Dec’25 Q-o-Q Y-o-Y Interest Income 30312 31002 31003 31544 31981 1.39 5.51 Interest on Advances 22446 22807 22618 23081 23597 2.24 5.13 Interest on Investments 6186 6273 6193 6307 6303 (0.06) 1.89 Other Interest Inco
Slide 17: Non-Interest Income
Non-Interest Income ₹ in Crore Quarterly Parameters Growth (%) Dec'24 Mar'25 Jun'25 Sep’25 Dec’25 Q-o-Q Y-o-Y Fee Based Income 2185 2335 2223 2586 2327 (10.02) 6.50 Commission Exchange & Brokerage 499 465 378 447 408 (8.72) (18.24) Service Charges 939 944 918 960 1030 7.29 9.69 Miscellaneous 747 926
Slide 18: Total Expenses
Total Expenses ₹ in Crore Quarterly Parameters Growth (%) Dec'24 Mar'25 Jun'25 Sep’25 Dec’25 Q-o-Q Y-o-Y Interest Expenses 21163 21560 21994 22403 22729 1.46 7.40 Interest Paid on Deposits* 18792 19300 19834 20067 20369 1.50 8.39 Other Interests* 2371 2260 2160 2336 2360 1.03 (0.46) Operating Expens
Slide 19: Financials at a Glance
Financials at a Glance ₹ in Crore Quarterly Parameters Growth (%) Dec'24 Mar'25 Jun’25 Sep’25 Dec’25 Q-o-Q Y-o-Y Net Interest Income 9149 9442 9009 9141 9252 1.21 1.13 Total Interest Income 30312 31002 31003 31544 31981 1.39 5.51 Total Interest Expenses 21163 21560 21994 22403 22729 1.46 7.40 Total
Slide 20: Continuous & Consistent Performance
Continuous & Consistent Performance 94.19 9119 93.59 93.17 8554 8588 92.70 8284 7837 91.26 5004 5155 4752 4774 4104 Dec'24 Mar'25 Jun’25 Sep’25 Dec'25 Dec'24 Mar'25 Jun’25 Sep’25 Dec'25 Operating Profit (₹ in Cr) PCR (%) 3.34 0.89 2.94 Dec'24 Mar'25 Jun’25 Sep’25 Dec'25 2.69 0.70 2.35 0.63 2.08 Net
Slide 21: Provisions
Provisions ₹ in Crore Quarterly Parameters Growth (%) Dec'24 Mar'25 Jun’25 Sep’25 Dec’25 Q-o-Q Y-o-Y Total Provision 3733 3280 3802 3814 3964 3.93 6.19 NPAs 1982 2846 1845 1504 1650 9.71 (16.75) Standard Asset 126 55 113 336 286 (14.88) 126.98 Non Performing Investment 440 (1334) (55) (36) (53) 47.2
Slide 22: Key Ratios
Key Ratios (%) Dec'24 Mar'25 Sep’25 Dec’25 Ratios Quarterly Cumulative Quarterly Cumulative Quarterly Cumulative Quarterly Cumulative Return on Assets 1.03 1.04 1.25 1.09 1.10 1.12 1.16 1.13 Return on Net-worth 19.09 20.18 23.23 21.28 20.00 20.56 20.65 20.55 Cost to Income 47.58 47.16 47.55 47.27 46
Slide 23: Key Ratios
Key Ratios Yield on NIM(%) Cost Of Deposits(%) Advances(%) 2.83 2.80 5.73 5.73 5.70 8.79 8.83 5.66 8.47 2.55 2.52 5.62 8.40 8.34 2.50 Dec'24 Mar'25 Jun'25 Sep'25 Dec'25 Dec'24 Mar'25 Jun'25 Sep'25 Dec'25 Dec'24 Mar'25 Jun'25 Sep'25 Dec'25 Cost Of Funds(%) Yield on Funds(%) Yield on Investments(%) 5.
Slide 24: Investments
A Legacy of Trust Togetherness Transformation Investments Confidential Page 23
Slide 25: Investment Portfolio
Investment Portfolio ₹ in Crore Sl. No Parameters Dec'24 Sep’25 Dec’25 1 Domestic Investments 383054 395043 395448 (a) SLR 333068 340888 341034 (b) Non SLR 49986 54155 54414 SLR as % to Dom. Investments 86.95 86.29 86.24 (i) Held To Maturity (HTM) 305208 304960 305341 (ii) Available For Sale (AFS) 5
Slide 26: Non SLR Portfolio
Non SLR Portfolio ₹ in Crore % Share Y-o-Y Variation Parameters Dec'24 Sep'25 Dec'25 (Dec'25) Amount % PSU Bonds 4310 5827 5513 10.13 1203 27.91 Corporate and Other Bonds 7926 7246 6835 12.56 (1091) (13.76) Special Govt. Sec excl. Recap Bonds 630 301 299 0.55 (331) (52.54) Central Government Recapit
Slide 27: Asset Quality
A Legacy of Trust Togetherness Transformation Asset Quality Confidential Page 26
Slide 28: Asset Quality Ratios
Asset Quality Ratios ₹ in Crore Parameters Dec'24 Mar'25 Sep’25 Dec’25 Gross NPA 35061 31530 27040 24833 Gross NPA (%) 3.34 2.94 2.35 2.08 Net NPA 9081 7353 6113 5322 Net NPA (%) 0.89 0.70 0.54 0.45 Provision Coverage Ratio (%) 91.26 92.70 93.59 94.19 Credit Cost (%) (Annualised) 0.89 0.92 0.68 0.64
Slide 29: Movement of NPA
Movement of NPA ₹ in Crore Parameters Dec'24 Mar'25 Sep’25 Dec’25 NPA as at the beginning of the period 37733 35061 29518 27040 Cash Recovery towards Book Liability(i) 780 791 580 595 Up-gradation (ii) 460 420 537 391 Write Off (iii) 3896 5022 3463 3120 Total Reduction(i+ii+iii) 5136 6233 4580 4106
Slide 30: NPA Classification: Sector Wise
NPA Classification: Sector Wise ₹ in Crore Advance O/s Parameters Dec’24 Mar'25 Sep’25 Dec'25 GNPA (%) (Dec'25) Domestic Gross NPA 32585 30351 25866 23921 1119289 2.14 Global Gross NPA 35061 31530 27040 24833 1192326 2.08 Retail 2049 2189 1717 1351 273395 0.49 Housing Loans 1162 1197 945 726 121172
Slide 31: NPA Classification: Industry wise
NPA Classification : Industry wise ₹ in Crore Sector/Scheme Dec'24 Mar'25 Sep’25 Dec’25 GNPA (%) Infrastructure 5179 4080 3495 3484 2.54 Iron & Steel 397 412 395 407 2.34 Textile 794 689 724 693 3.62 Food Processing 985 969 934 882 6.93 Engineering 742 744 744 741 4.76 Confidential Page 30
Slide 32: Special Mention Accounts (SMA)
Special Mention Accounts (SMA) ₹ in Crore SMA Position of the Bank (₹ 5 Cr and above) Dec'24 Sep'25 Dec’25 % to % to % to No of No of No of Parameters Outstanding Gross Outstanding Gross Outstanding Gross Accounts Accounts Accounts Advances Advances Advances SMA 2 157 7422 0.71 111 3321 0.29 125 346
Slide 33: Accounts referred to NCLT
Accounts referred to NCLT ₹ in Crore Dec'24 Dec'25 Parameters No of Book Provision No of Book Provision Provision Provision Accounts Liability Coverage Accounts Liability Coverage 1st List - RBI 4 922 922 100% 4 900 900 100% 2nd List – RBI 9 4654 4654 100% 8 4015 4015 100% Total RBI 1 & 2 13 5576 55
Slide 34: Capital & Shareholding
A Legacy of Trust Togetherness Transformation Capital & Shareholding Confidential Page 33
Slide 35: Capital Funds (Basel III)
Capital Funds (Basel III) ₹ in Crore Parameters Dec'24 Sep'25 Dec'25 CRAR (%) 16.44 16.50 Tier I 106057 111690 117727 16.20 1.90 99754 1.89 1.92 Common Equity 87228 95532 2.23 Additional Tier I 18828 16158 17973 2.58 2.07 Tier II 13770 15005 15303 Total (Tier I+II) 119827 126695 133030 Risk-weighted
Slide 36: Shareholding Pattern as on December 31st, 2025
Shareholding Pattern as on December 31st, 2025 Year ended FII/FPIs holding (%) Mar’23 8.95 Staff, 0.58 Others, 1.95 Resident Individuals, 10.13 Mar’24 10.57 Mar’25 10.55 FIIs/FPIs, 14.61 Dec’25 14.61 Mutual Funds, 4.37 Government of India, 62.93 Insurance Companies, 5.43 Confidential Page 35
Slide 37: Environmental, Social & Governance
A Legacy of Trust Togetherness Transformation Confidential Environmental, Social & Governance Page 36
Slide 38: Environmental, Social & Governance (ESG) Practices
Environmental, Social & Governance (ESG) Practices Environmental Social Governance ▪ As part of Green initiatives, Bank has undertaken: ✓ Increased usage of LED light, BEE rated AC units ▪ Bank is impacting the Society by engaging in ▪ For the Bank’s journey towards Sustainability, helping and uplif
Slide 39: Distribution Network
A Legacy of Trust Togetherness Transformation Distribution Network Confidential Page 38
Slide 40: Distribution Network
Distribution Network Parameters Dec’24 Sep’25 Dec’25 General Branches(a) 9190 9321 9438 Specialised Branches(b) 626 627 628 Total Domestic Branches(a+b) 9816 9948 10066 Overseas Branches 4 4 4 BC Points 13177 11076 12000 Total Banking Outlets 22997 21028 22070 ATM 9715 7405 7048 Recycler 2311 3461 3
Slide 41: Digital Footprint
A Legacy of Trust Togetherness Transformation Digital Footprint Confidential Page 40
Slide 42: Digital Footprint
Digital Footprint 2265.40 6.06 37.98 877.16 1787.59 2.74 678.49 5.94 33.45 2.70 DEC'24 DEC'25 DEC'24 DEC'25 DEC'24 DEC'25 DEC'24 DEC'25 DEC'24 DEC'25 MeitY Digital Transactions E-Transactions Debit Card Outstanding Internet Banking Registrations Bhim QR Registrations ( Nos in Crore) (Nos in Crores)
Slide 43: New Digital Initiatives
New Digital Initiatives Canara An Exclusive Canara Bank UPI application powered by BHIM that allows customers of any bank to link their ai1Pe accounts for seamless digital payment and transfers. Digital Digital Renewal of Working Capital Loan up to 10 Lakhs Lending Mobile Banking & Multiple Nominee
Slide 44: Subsidiaries & Associates
Subsidiaries & Associates ₹ in Crore Total Profit Our share Name of the Entity Holding(%) Dec’25(9M) Subsidiaries Canbank Factors Ltd. 70 3.21 2.25 Canbank Computer Services Ltd. 69.14 12.15 8.40 Canara Bank Securities Ltd. 100 4.61 4.61 Canbank Financial Services Ltd. 100 5.84 5.84 Canbank Venture
Slide 45: Guidance for March 2026 Vs Actuals for December 2025
Guidance for March 2026 Vs Actuals for December 2025 Guidance Parameters Actuals as on 31.12.2025 (31.03.2026) Business Growth (Global) 10.50% 13.23% Advances Growth (Global) 10%-11% 13.59% Deposits Growth (Global) 9%-10% 12.95% CASA (Domestic CASA to Domestic Deposit) 32.00% 29.52% NIM (Global)(Ann
Slide 46: Disclaimer
Disclaimer This presentation has been prepared solely for information purposes only. It has no regard to any financial situations or informational needs of any particular reason. The forward looking statements involve a number of risk, uncertainties and other factors that could cause actual results
Slide 47: Thank You
Together We Can Thank You We express our heartfelt gratitude to all our stakeholders for their support & trust and solicit their continued patronage to make our beloved Bank grow exponentially in the coming years. Confidential Page 46