Union Bank’s Rs.1.2 bn PBT for 9 months – 2025
View(s):Union Bank has reported a strong financial performance for the nine months ended 30 September 2025, reaffirming its position as one of Sri Lanka’s fastest-growing private commercial banks. The bank posted a Profit Before All Taxes (PBT) of Rs. 1,178 million, an impressive 52 per cent increase compared to the corresponding period of 2024. Profit After Tax (PAT) rose sharply by 94 per cent to Rs. 343 million, underscoring the bank’s successful strategic execution and prudent financial management, the bank said in a media release.
The bank’s Gross Income rose by 7 per cent to Rs. 13,199 million, reflecting continued business expansion and improved earnings from both core and non-core activities.
Results from Operating Activities improved significantly by 41 per cent to Rs. 1,106 million, despite a 14 per cent rise in operating expenses, reflecting continued investments in digital infrastructure and capacity building.
The Non-Performing Loan (NPL) ratio was maintained at a stable level, reflecting the bank’s robust credit risk management framework and proactive portfolio oversight, which have ensured high asset quality amidst a challenging operating environment.
Deposits grew by 8 per cent to Rs. 111,895 million, underscoring growing customer confidence and deepening relationships across market segments.
Commenting on the results, Dilshan Rodrigo, Director/CEO, said: “Union Bank’s exceptional performance in the first nine months of 2025 is a testament to our unwavering commitment to growth and customer centricity. We remain focused on leveraging technology, innovation, and strong governance to deliver sustainable value. The significant improvement in profitability and balance sheet strength reflects our disciplined strategy, the agility of our teams, and the trust placed in us by our valued customers and stakeholders.”
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