Canara Bank, a leading state-owned bank in India, reported a 9.9% decline in net profit, amounting to ₹4,506 crore for the fourth quarter of FY26, compared to ₹5,004 crore in the same quarter last year. This decline was largely attributed to a 24% drop in non-interest income, which fell to ₹4,824 crore due to a significant 72.7% decrease in treasury income, down to ₹272 crore. The profit on the sale of investments turned negative, reflecting challenges posed by rising bond yields. Despite these setbacks, net interest income (NII) rose by 3.9% to ₹9,808 crore, supported by a sequential increase of 6%. The bank's provisions also decreased by 31.3% year-on-year to ₹2,252 crore. On the asset quality front, the gross non-performing assets (GNPA) ratio improved to 1.84%, down from 2.94% a year earlier, while the net NPA ratio eased to 0.43%. The bank's capital adequacy ratio under Basel III stood at 17.04%, showing a healthy position despite the profit decline.