Conference Call with Canara Bank Management and Analysts on Q4FY22 Performance and Outlook. Listen to the full earnings transcript.
Canara Bank declares Q4FY22 result: Bank’s Global Business surpassed Rs.18,25,000 Crore Key Highlights (12 Months period ended) (Mar-2021 V/s Mar-2022) Net Profit grew by 122% to Rs. 5678 Cr Operating Profit grew by 17.27% to 23090 Cr Net interest income grew by 9.46% to Rs.26384 Cr Gross Advances grew by 9.77% to Rs. 741147 Cr Retail Credit grew by 9.51% with Housing loan at 14.77% CASA Deposits increased by 11.52 % Savings Bank Deposit grew by 12.22% Net NPA Ratio stood at 2.65% down by 117 bps Gross NPA stood at 7.51% down by 142 bps Provision Coverage Ratio (PCR) stood at 84.17% improved by 449 bps CRAR stood at 14.90% as at Mar-2022. Out of which Tier-I is 11.91% and Tier-II is 2.99% Fee based income Grew by 16.59% to Rs.6113 Cr Key Highlights (3 Months ended) (Mar 2021 V/s Mar 2022) Net Profit grew by 64.90% to Rs.1666 Cr Operating Profit grew by 18.80% Net Interest income grew by 24.84% Key Highlights (3 Months ended) (Dec 2021 V/s Mar 2022) Net Profit grew by 10.89% to Rs.1666 Cr Net Interest income grew by 0.85% Non-Interest Income grew by 23.53% Result PDF
Banking company Canara Bank declares Q3FY22 result: Key Highlights (9 Months period ended): Bank’s Global Business surpassed Rs.17,70,000 Crore Net Profit grew by 159.51%. Operating Profit grew by 16.72%. Non-Interest income grew by 17.74%. Global Business grew by 8.06%. Gross Advances grew by 9.28%. Domestic Business grew by 7.46%. CASA Deposits increased by 10.28 %. Savings Bank Deposits grew by 9.31%. Current Bank Deposits grew by 16.37%. Retail Credit grew by 10.02% with Housing loan at 14.82%. Fee based income grew by 21.54% CRAR stood at 14.80% as at Dec 2021 improved by 111 bps. CET1 stood at 10.12% as at Dec 2021 improved by 135 bps. Key Highlights (3 Months ended): Net Profit grew by 115.80%. Operating Profit grew by 10.16%. Net Interest income grew by 14.11% Key Highlights (3 Months ended) (Sep 2021 V/s Dec 2021) Net Interest income grew by 10.73%. Gross NPA Ratio stood at 7.80% down by 62 bps. Net NPA Ratio stood at 2.86% down by 35 bps. Provision Coverage Ratio (PCR) at 83.26 % improved by 82 bps. Result PDF