BOC reports strong 3Q profit of Rs. 87.7 b, strengthening market position

BANK of Ceylon (BOC) continued to demonstrate its strength and stability in the third quarter of 2025, reaffirming its role as a cornerstone of Sri Lanka’s financial landscape.

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With a Profit Before Tax (PBT) of Rs. 87.7 billion recorded for the first nine months of the year, the bank showcased consistent growth driven by disciplined financial management, strategic business expansion, and a strong commitment to supporting national economic progress.

This performance reinforces BOC's reputation as a trusted institution, one that not only adapts to changing economic conditions, but also leads with confidence, resilience, and purpose.

BOC Chairman Kavinda de Zoysa said: "As we close 3Q 2025, BOC continues to reaffirm its purpose of building a financially inclusive and economically empowered Sri Lanka. Our strong financial performance of this quarter reflects the success of our strategy to balance profitability with purpose, ensuring that growth benefits every segment of our society. We remain deeply committed to expanding access to finance, empowering youth, and fostering entrepreneurship through innovative and digitally driven solutions. By providing affordable financial services and supporting young innovators and small and medium enterprises (SMEs), we are not only strengthening individual livelihoods but also fuelling the nation's long-term economic resilience. BOC stands firm in its mission to drive inclusive prosperity, sustain strong financial growth, and inspire a future where every Sri Lankan can thrive."

During the first nine months of 2025, BOC continued to deliver a strong and sustainable financial performance, reflecting both strategic focus and disciplined execution. The bank recorded a PBT of Rs. 87.7 billion, a remarkable 133% increase compared to Rs. 37.6 billion in the corresponding period of 2024. This robust performance was driven by a 62% growth in Net Interest Income (NII) to Rs. 153.2 billion, highlighting the bank's ability to strengthen core banking income while maintaining operational efficiency and financial resilience.