Nations Trust Bank PLC (NTB) reported a profit after tax of Rs. 4.6 billion for the three months ended 31 March 2026, a 12% year-on-year increase, The Island reported.
The bank attributed the result to steady asset growth, stable net interest margins and prudent risk management. The Net Stage 3 ratio, an indicator of impaired-loan exposure, stood at 1.10% — a relatively low level reflecting what the lender described as continued asset quality. Return on equity reached 18.98%.
Director and Chief Executive Officer Hemantha Gunetilleke said the Q1 result reflected “the progress of its strategy as we move into the next phase of growth,” with the bank’s loan book expanding across consumer, commercial and corporate segments. He said NTB had continued to strengthen its capital and liquidity positions while focusing on service standards, digital capabilities and customer engagement.
The Q1 disclosure comes after NTB’s acquisition of HSBC’s Sri Lanka consumer banking book on 30 April, a Rs. 18 billion transaction that transferred roughly 200,000 customer accounts to NTB. The integration is being absorbed alongside NTB’s broader retail expansion strategy.
The result is one of several Q1 disclosures landing this week. State-owned Bank of Ceylon posted Rs. 18.8 billion in profit after tax on Friday, while Commercial Bank of Ceylon Group crossed Rs. 3.5 trillion in total assets and posted Rs. 17.94 billion in Q1 net profit. The Colombo Stock Exchange closed flat at 22,905 on Friday, with banking counters mixed.
Source: The Island.
