NDB Reports All-Time High Earnings with 2x Growth in Normalised PAT 📈

The National Development Bank PLC (NDB) announced record performance for 2025, driven by a surge in core banking operations and significant improvements in asset quality. • Overall Profitability Normalised Profit After Tax (PAT): Rs. 11.0 Bn, representing a nearly two-fold (100%) growth on a comparable basis (excluding 2024’s one-off ISB debt restructure impact). Net Banking Revenue: Increased by 45.2% on a comparable basis. Return on Equity (ROE): Improved to 13.5% for the full year, peaking at 16.4% in 2H 2025. • Lending & Deposits Net Loans: Expanded by 26.7% to Rs. 593.6 Bn (normalised basis). Total Deposits: Grew by 10.4% to Rs. 707.2 Bn (normalised basis). CASA Ratio: Improved to 23.9% from 22.5% in 2024. • Sector Highlights & Operations SME Sector: Credit to Small and Medium Enterprises expanded by over 25.0%, supporting national economic revival. Fee Income: Rose 14.3% to Rs. 8.1 Bn, led by digital banking, trade finance, and cards. Credit Costs: Declined by 57% to Rs. 5.7 Bn due to better recoveries; Stage 3 loan ratio improved to 10.8% (from 14.0%). • Stability & Shareholder Value Statutory Ratios: Total CAR at 15.9% and Liquidity Coverage Ratio (LKR) at 257.3%, well above regulatory minimums. Earnings Per Share (EPS): Rs. 25.90 (up from a normalised Rs. 13.30 in 2024). Net Asset Value: Increased to Rs. 201.51 per share. _Note: Comparisons exclude one-off impacts from the 2024 ISB debt restructuring for a normalised view of core performance._