People’s Bank 4Q performance lifts 2025 PAT to all-time high

Narada Fernando – Chairman	Clive Fonseka - CEO

People’s Bank posted its strongest financial results in history for the year ended December 31, 2025, with standalone Profit After Tax (PAT) reaching Rs. 40.2 billion, underscoring its resilience amid external shocks and a challenging macroeconomic environment.

The fourth quarter alone contributed significantly to the year’s record, as proactive risk management and business continuity measures mitigated the impact of Cyclone Ditwah. 

Net interest income climbed 32.8 percent to Rs. 142.4 billion for the year, lifting the net interest margin to 4.1 percent from 3.4 percent in 2024, while operating income jumped 32.5 percent to Rs. 165.8 billion. 

Solo assets expanded to Rs. 3.7 trillion, deposits to Rs. 3.2 trillion, and net loans to Rs. 1.7 trillion, reflecting steady balance sheet growth. The Bank’s capital position remained robust, with a Total Capital Adequacy ratio of 16.5 percent and Tier 1 ratio of 12.2 percent, well above regulatory requirements.

On a consolidated basis, the People’s Bank Group surpassed key thresholds, with total assets reaching Rs. 4.0 trillion and loans climbing to Rs. 2.0 trillion. 

Consolidated PAT rose to Rs. 43.5 billion, supported by a 424.0 billion increase in gross income across core operations and subsidiaries.

Chairman Narada Fernando said the results highlight the Bank’s ability to navigate pressure points while strengthening its operational base, enabling sustained contributions to national economic priorities. 

CEO/General Manager Clive Fonseka noted that the performance reflects a deliberate transformation of the operating model, including greater engagement with the private sector and ongoing investments in efficiency, digital capabilities, and customer experience.