📈 Union Bank Posts Strong 1H 2026 Results as PBT Surges 84%

Source

• Key Financial Highlights • Profit Before Tax (PBT): LKR 881 Mn (+84% YoY) • Profit After Tax (PAT): LKR 587 Mn (+134% YoY) • Gross Income: LKR 10,139 Mn (+19% YoY) • Net Interest Income (NII): LKR 3,148 Mn (+22% YoY) • Operational Drivers & Revenue • Net Fee and Commission Income grew 13% YoY to LKR 732 Mn, backed by steady growth in retail, SME, and corporate banking. • Operating income expanded by 58% YoY to LKR 1,250 Mn, supported by LKR 249 Mn realized from selling shares in UB Finance PLC. • Operating expenses rose by a disciplined 9% YoY. • Balance Sheet Growth • Total Assets: LKR 199.28 Bn (+15%) • Customer Deposits: LKR 130.22 Bn (+10%) • Gross Loans and Advances: LKR 136.74 Bn (+16% YoY) • Group Performance • Group PBT: LKR 997 Mn (+97% YoY) • Group PAT: LKR 604 Mn (+141% YoY) • Group Total Assets: +17% YoY

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