FINANCIAL CHRONICLE — Sampath Bank of Sri Lanka announced a profit of 11.03 billion rupees for the quarter ending June 30, 2026, reflecting a substantial increase of 64.6 percent compared to the same period in the previous year.
For the last quarter, the group reported basic earnings of 9.41 rupees per share, a rise from 5.72 rupees in 2025. Over the first half of the financial year, the bank’s profits totaled 17.86 billion rupees, up by 14.3 percent from the first six months of the prior year.
The bank’s performance was significantly influenced by an 18 percent increase in net interest income, which reached 24.59 billion rupees, alongside a 23 percent rise in net fee and commission income, totaling 6.41 billion rupees. Overall gross income for the quarter soared by 22.6 percent to 69.77 billion rupees, indicating consistent growth in key revenue areas.
A notable factor contributing to the earnings was the effective recovery of long-term overdue loans, which resulted in an impairment reversal exceeding 3 billion rupees for the quarter. This played a crucial role in enhancing the bank’s profitability as it adeptly manages its credit risk profile.
As of June 30, 2026, the group’s total assets amounted to 2.24 trillion rupees, marking an 8.3 percent increase from the end of 2025. Gross loans and advances rose by 19 percent to reach 1.54 trillion rupees in the first half of the year, while customer deposits grew to 1.78 trillion rupees.
Sampath Bank maintained a solid capital position, with a total capital ratio of 15.72 percent and a Tier 1 capital ratio of 13.40 percent. The group also reported an improved Net Interest Margin (NIM) of 4.21 percent, alongside a robust Return on Equity (ROE) of 18.91 percent and a Return on Assets (ROA) of 2.40 percent.
Noteworthy metrics include a remarkable 198 percent increase in the bank’s total exchange income, which reached 7.2 billion rupees for the half-year, largely due to the depreciation of the rupee.
Furthermore, in July 2026, the bank issued a 10 billion rupee Basel III-compliant Green Bond that was oversubscribed on its first day of availability. (Colombo/Aug14/2026)
