Seylan Bank Posts LKR 2.91 Bn PAT in Q1 2026 📈

Seylan Bank has reported a steady start to the year, underpinned by significant growth in its asset base and strong performance in its banking and financial services operations. • Overall Performance Profit After Tax (PAT): LKR 2.91 Bn (up 5.25% YoY). Profit Before Tax (PBT): LKR 4.55 Bn (up 8.31% YoY). Total Assets: Reached LKR 943 Bn, a notable increase from LKR 785 Bn in Q1 2025. • Income Streams Net Interest Income: LKR 9.73 Bn (up 13.37%), despite NIMs moderating to 4.23%. Fee-Based Income: LKR 2.31 Bn (up 24.04%), driven by cards, remittances, and trade services. Total Operating Income: LKR 12.38 Bn (up 12.57%). • Asset Quality & Operations Impaired Loans (Stage 3) Ratio: Maintained at a strong 1.01%. Operating Expenses: Increased by 19.40% to LKR 6.13 Bn, influenced by staff costs and inflation. Impairment Charge: LKR 100 Mn, a sharp 55.57% reduction from the previous year. • Key Financial Indicators Return on Equity (ROE): 14.39%. Capital Adequacy: Total Capital Ratio at 16.38%, well above regulatory requirements. Loans & Deposits: Loans grew to LKR 628 Bn, while Deposits reached LKR 743 Bn. The bank continues to support national financial inclusion and education through its "Pahasara" CSR initiative, now totaling 291 libraries. _Data based on Q1 2026 interim results._