People’s Bank recorded a standalone Profit After Tax (PAT) of Rs. 20.5 billion during the six months ended 30 June 2026, supported by stronger core banking income, improved margins, and disciplined financial management.
The Bank’s Profit Before Tax (PBT) stood at Rs. 32.6 billion for the period, reflecting a continued strengthening of its earnings capacity despite evolving domestic and global economic conditions.
Total operating income increased by 17.7% to Rs. 95.2 billion from Rs. 80.9 billion in the corresponding period of the previous year, while net interest income rose by 18.9% to Rs. 82.4 billion from Rs. 69.3 billion.
The Bank’s Net Interest Margin (NIM) also improved to 4.4% from 4.1%, supported by effective asset and liability repricing and prudent balance sheet management.
Total assets stood at Rs. 3.8 trillion as at the end of June, while gross loans and advances surpassed the Rs. 2 trillion mark for the first time, reaching Rs. 2.1 trillion.
The Bank said the expansion in lending, together with stronger core income generation and improved margins, had supported its profitability while maintaining a prudent approach to credit and risk management.
Its Total Capital Adequacy Ratio improved to 18.2% as at 30 June, compared with 17.9% at the end of the first quarter and 16.5% at the end of 2025. The Tier I Capital Adequacy Ratio stood at 12.7%.
Liquidity levels also remained strong, with the All Currency Liquidity Coverage Ratio at 212.3% and the Rupee Liquidity Coverage Ratio at 255.9%.
At Group level, Profit Before Tax increased by 20.6% to Rs. 37.4 billion from Rs. 31 billion in the corresponding period of the previous year.
Group assets stood at Rs. 4.1 trillion, while gross loans and advances increased to Rs. 2.4 trillion.
Group net interest income rose by 22.9% to Rs. 97 billion from Rs. 79 billion, while the Group’s Net Interest Margin improved to 4.8% from 4.4%.
People’s Bank Chairman Prof. Narada Fernando said the results demonstrated the Bank’s strength, resilience, and financial stability despite geopolitical developments and continuing global economic uncertainty.
Chief Executive Officer and General Manager Clive Fonseka said the performance reflected the Bank’s resilience and strong underlying fundamentals amid changing domestic and global economic conditions.
