Canara Bank profit rises 22% on treasury gains

Canara Bank on Thursday reported a 22% year-on-year increase in net profit for the first quarter of FY26, reaching ₹4,752 crore, driven by robust treasury gains and higher fee-based income.

- NARAYANAN V

PUBLIC SECTOR LENDER Canara Bank on Thursday reported a 22% year-on-year increase in net profit for the first quarter of FY26, reaching ₹4,752 crore, driven by robust treasury gains and higher fee-based income.

Interest income rose 8% YoY to ₹31,003 crore, while other income—which includes treasury and fee income—surged 33% to ₹7,060 crore. Treasury income saw a sharp 296% jump to ₹1,993 crore, largely aided by ₹1,617 crore from the sale of investments, while fee-based income rose 16% to ₹2,223 crore.