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Canara Bank profit climbs 19%
Financial Express Ahmedabad
|October 31, 2025
REPORT CARD
CANARA BANK REPORTED a 19% year-on-year (YoY) rise in net profit to $4,773.96 crore for the quarter ended September 2025,driven byimprovedasset quality. Sequentially, the profit was up marginally by 0.5%.
The bank’s net interest income (NII) declined 2% YoY to ~9,141 crore in the reporting quarter, while other income grew 41.6% YoY. The net interest margin (NIM) moderated slightly to 2.52% in Q2, compared with 2.55% in the previous quarter. The bank has guided for NIMs in the range of 2.75%-2.80% by the end of FY26.
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