People’s Bank, for the year ended 31 December 2025, has reported an all-time high standalone Profit After Tax (PAT) of Rs. 40.2 billion.
Despite the external challenges posed by cyclone Ditwah during the year, the Bank utilised proactive business continuity measures and prudent risk management to limit financial impact and deliver these record-breaking results.
Operating income rose by 32.5% to Rs. 165.8 billion, while net interest income grew by 32.8% to Rs. 142.4 billion. This growth lifted the net interest margin to 4.1%, up from 3.4% in the previous year. The Bank’s balance sheet also demonstrated steady expansion, with solo assets reaching Rs. 3.7 trillion, deposits increasing to Rs. 3.2 trillion, and net loans growing to Rs. 1.7 trillion.
This solo strength is underpinned by a robust capital position, with a Total Capital Adequacy ratio and Tier 1 ratio of 16.5% and 12.2% respectively, well above regulatory thresholds. On a consolidated level, the People’s Bank Group marked a historic milestone as total assets and the total loans portfolio reached the Rs. 4.0 trillion and Rs. 2.0 trillion thresholds respectively.
The Group reported a Profit After Tax of Rs. 43.5 billion, with consolidated gross income rising to Rs. 424.0 billion.
Commenting on the full-year performance, Chairperson Prof. Narada Fernando noted that the results demonstrate the Bank’s ability to navigate challenges while strengthening its operational foundations.
He stated that the recovery of previously pressured segments has improved overall stability, enabling the Bank to contribute meaningfully to the Government’s economic priorities while ensuring sustainable and prudent profitability. He also reaffirmed the institution’s commitment to innovation, partnerships, and broader financial inclusion so that the benefits of economic progress reach communities across the country.
Chief Executive Officer/General Manager Clive Fonseka described the twelve-month outcome as a landmark achievement for the Bank. He explained that the results were delivered amid a deliberate transformation of the Bank’s operating model, with greater emphasis placed on expanding private-sector business alongside its traditional role. Fonseka further highlighted that the record-breaking performance, together with the Group’s historic Rs. 4.0 trillion asset milestone, underscores the Bank’s strengthened scale, operational resilience, and long-term strategic positioning.