People’s Bank recorded a standalone Profit Before Tax (PBT) of Rs 32.6 billion for the six months ended 30 June 2026, together with a record profit after tax of Rs 20.5 billion. The bank’s profitability was underpinned by broad-based growth across the bank’s core income streams. Total operating income increased by 17.7% to Rs 95.2 billion, compared with Rs 80.9 billion in the corresponding period of the previous year, while net interest income grew by 18.9% to Rs 82.4 billion, from Rs 69.3 billion.
The bank also recorded a further improvement in its net interest margin (NIM), which increased to 4.4% from 4.1%, reflecting effective asset and liability repricing and disciplined balance sheet management. These results demonstrate the bank’s ability to translate sustained business growth into stronger earnings while maintaining a prudent approach to credit and risk management.
The bank’s balance sheet continued to demonstrate steady expansion and financial stability, with total assets stabilising at Rs 3.8 trillion. Significantly, gross loans and advances surpassed the Rs 2.0 trillion milestone for the first time, reaching Rs 2.1 trillion. The achievement reflects continued momentum in the bank’s core lending activities and its ability to expand its business while maintaining a stable overall financial position.
This combination of growing lending activity, stronger core income generation and improving margins has provided a solid foundation for the bank’s continued profitability and reinforces the positive growth trajectory established across its key business areas.
The bank’s profitability and prudent balance sheet management continued to strengthen its capital and liquidity position during the first half of 2026. The Total Capital Adequacy Ratio improved to 18.2% as at 30 June 2026, compared with 17.9% at the end of the first quarter and 16.5% at the end of 2025, remaining comfortably above the regulatory minimum. The bank’s Tier I Capital Adequacy Ratio stood at 12.7%. Liquidity also remained robust, with the All Currency Liquidity Coverage Ratio at 212.3% and the Rupee Liquidity Coverage Ratio at 255.9%, reflecting strong liquidity buffers and continued financial resilience.
The improvement in these key asset-quality indicators, achieved alongside sustained loan portfolio growth, reflects enhanced recovery efforts, prudent credit-risk management and the bank’s continued focus on maintaining a resilient balance sheet.