Canara Bank Q4 Result Preview: Profit Likely To Jump 14%; Stable NII, Asset Quality Seen Improving Marginally

On May 8, 2025, Canara Bank is scheduled to release its fiscal year 2024-2025 fourth-quarter (Q4) results. Here are some predictions regarding the PSU bank's performance, which investors are eagerly awaiting.

Canara Bank Q4 Profitability Preview

The bank is expected to report a strong profit growth to Rs 4300 cr from Rs 3757 cr from the corresponding period in the previous FY. NII is expected to remain stable, said Mr. Gaurav Goel, (Entrepreneur and SEBI Registered Investment Advisor).

Canara Bank Q4 Asset Quality Preview

Asset quality is likely to improve marginally. Gross NPA is likely to be around 3.25% and Net NPA is at 0.80%. Slippage ratio will decline marginally to 0.9%, as per Gaurav Goel.

Canara Bank Valuation

"We like Canara Bank from a long term perspective as the structural trend remains positive and valuations are attractive," commented Gaurav Goel.

Canara Bank Dividend

The Board of Directors shall recommend consideration of a dividend for the financial year 2024-25, if any, subject to the approval of shareholders at the Annual General Meeting of the bank.

Canara Bank Trading Window Closure

"Trading Window for the Directors / Designated Persons of the Bank/their relatives/Connected Persons to deal in shares of the Bank is closed from 1st April 2025 and same shall remain closed till 48 hours after the declaration of Financial Results of the Bank for the Fourth Quarter / Financial Year ended 31.03.2025," said Canara Bank in a statement.

Canara Bank Q3 Results

For the third quarter (Q3) of the fiscal year 2024-2025 (FY25), Canara Bank recorded a 12.25% rise in its standalone net profit, which came to Rs 4,104.20 crore. In the same period the previous year, the bank recorded Rs 3,656.12 crore. According to the bank, its total income increased by 12% to Rs 36,113.77 crore in Q3 FY25 from Rs 32,333.93 crore in the same period of FY24.

The bank's Net Interest Income (NII) decreased by 2.85% to Rs 9,148.57 crore in Q3FY25 from Rs 9,417 crore in Q3 FY24, even though its interest income increased to Rs 30,311.61 crore from Rs 28,038.83 crore the previous year. With the gross non-performing asset (NPA) ratio falling to 3.34 percent of total advances as of December 2024 from 4.39 percent in December 2023, Canara Bank's asset quality demonstrated notable progress. In a similar vein, during the same time period, the net NPA ratio decreased to 0.89% from 1.32%.

Disclaimer

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