People's Bank achieves pre-tax profit of Rs 43.7 Bn for nine months ended 30 Sept.

People's Bank announced its financial performance for the nine months, ended September 30, 2025, delivering the bestever results in the institution's history.

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With seven out of 10 Sri Lankans banking with People's Bank and one out of every five retail and business loans in the country originating from the Bank, this exceptional performance reinforces its position as the most trusted and influential financial services provider in Sri Lanka.

The Bank's solo performance was the primary driver of this record-breaking achievement. People's Bank reported a standalone post-tax profit of LKR 28.8 billion, marking the highest nine-month profit in its history. This exceptional performance was recorded in spite of booking a significant amount as impairments on behalf of few SOE's. Solo operating income stood at LKR 121.9 billion, a substantial 99.4% increase, supported by exceptional core earnings. Net interest income nearly doubled to LKR 103.9 billion, driven by effective asset-liability repricing amid changing market conditions, resulting in an improvement of the Bank's net interest margin to 4.0%, compared to 3.4% in December 2024. The Bank also recorded its highest-ever net fees and commissions for the period, reaching LKR 12.2 billion, reflecting strong customer activity and strengthened transactional volumes.