📈 People's Bank Group Delivers Strong 1Q 2026 Growth with Rs. 20 Bn PBT

Overall Financial Performance • Group PBT: Reached Rs. 20.0 Bn, a 13.5% YoY increase. • Standalone PBT: Recorded at Rs. 16.6 Bn for the quarter ended 31 March 2026. • Group Net Interest Income: Surged 22.9% to Rs. 47.4 Bn, while standalone net interest income rose 17.5% to Rs. 40.1 Bn. • Net Interest Margin (NIM): Group NIM expanded to 4.6% (from 4.4%); Standalone NIM increased to 4.3% (from 4.1%). Balance Sheet & Asset Quality • Total Assets: Group assets expanded to Rs. 4.2 T (Standalone: Rs. 3.8 T). • Deposits & Loans: Standalone customer deposits hit Rs. 3.3 T, with net loans at Rs. 1.8 T (Group Net Loans: Rs. 2.1 T). • Asset Quality: Stage 3 (impaired loans) ratio improved to 7.2% (down from 7.7%), while Stage 3 provision coverage strengthened to 50.0% (up from 48.4%). Capital, Liquidity & National Contribution • Capital Boost: Raised Rs. 25.0 Bn via Sri Lanka's largest Basel III compliant Tier 2 debenture issuance, driving the Total Capital Adequacy Ratio (CAR) up to 17.9% (from 16.5% in late 2025). • Liquidity: Maintained a robust Rupee Liquidity Coverage Ratio (LCR) of 260.0%. • National Context: The state bank reinforced its role in banking & financial services and economic recovery by contributing Rs. 11.9 Bn in government taxes and donating Rs. 300 Mn to the "Rebuild Sri Lanka" initiative, while continuing to support MSMEs and financial inclusion.