Commercial Bank of Ceylon reported a profit of 17.49 billion rupees for the quarter ended 30 June 2026, an increase of 7.98 percent on the same quarter of 2025.
The group recorded basic earnings of 10.41 rupees per share for the three months. For the first half of the year, profit reached 34.9 billion rupees, a rise of 13.56 percent over the first six months of 2025.
Total gross income for the quarter climbed 24 percent to 110.16 billion rupees. Net interest income rose 18.2 percent to 40.88 billion rupees, while net operating income for the quarter came in at 46.57 billion rupees.
During the quarter the group crossed the 3 trillion rupee mark in deposits, becoming the first private sector banking group in Sri Lanka to do so. Total assets stood at 3.74 trillion rupees as at 30 June 2026, up 19.4 percent over the preceding twelve months, while gross loans and advances grew to 2.36 trillion rupees.
Asset quality improved over the period. The net impaired loans (Stage 3) ratio eased to 1.38 percent from 1.54 percent at the end of 2025. The group reported a total capital ratio of 16.16 percent and a return on equity of 20.28 percent.
The bank recently enabled direct PayPal withdrawals for local freelancers and digital professionals, allowing eligible customers to transfer international earnings into local accounts through its digital platform.
Commercial Bank shares closed 0.99 percent higher at 205.00 rupees on Friday, EconomyNext reported.