This study examines the financial performance of Canara Bank one of India's largest public sector banks over the five-year period 2020–2025 following its merger with Syndicate Bank. Using ratio analysis, the research evaluates key dimensions: liquidity (current and liquid ratios), profitability (gross profit, net profit, ROA, ROE), efficiency (asset turnover), and capital structure (debt and equity ratios). The findings reveal a strong recovery trajectory marked by a consistent rise in net profit from 3.04% to 12.59%, improving ROA (0.22% to 1.06%), and stable liquidity above 1.0. The study concludes that Canara Bank has emerged as a more resilient and efficient institution, while highlighting areas such as asset utilization and capital rebalancing for continued growth