National Savings Bank (NSB) Group reported a profit before tax of Rs. 11.8 billion for the first quarter of 2026, supported by a stronger core banking income base and disciplined asset-liability management.
Group operating profit before taxes on financial services came in at Rs. 15.5 billion, with profit after tax at Rs. 7 billion. Profit before tax was marginally below the Rs. 12.1 billion booked in the same quarter of 2025.
Net interest income rose 8.1 per cent year-on-year to Rs. 21.8 billion, and total operating income increased 5 per cent to Rs. 22.5 billion. Net fee and commission income jumped 53.5 per cent. The Group’s tax contribution to government in the quarter stood at Rs. 8.5 billion.
The balance sheet expanded on both sides, with loans and advances at Rs. 556.1 billion and customer deposits at around Rs. 1.6 trillion, keeping NSB Sri Lanka’s largest retail deposit-taking institution.
“NSB’s performance for 1Q 2026 reflects the strength, stability and public confidence that continue to define the bank,” Chairman Dr. Harsha Cabral, PC said. The results were released by Acting General Manager and CEO Rohana Bandara Weerakoon.
The state savings lender’s Q1 print rounds out a banking results season that has produced double-digit profit growth at several major peers, including People’s Bank, Commercial Bank, Bank of Ceylon and Sampath Bank. NSB’s record Rs. 59 billion FY2025 operating profit had been the high-water mark for the Group going into 2026.
