ComBank’s strong 9-month results with loan book growth
View(s):The Commercial Bank of Ceylon group has reported gross income of Rs. 268.49 billon and net interest income of Rs. 103.48 billion at the end of the third quarter of 2025, with strong year-on-year growth of 34.60 per cent in the loan book and curtailed interest expenses contributing to an impressive nine-month performance, it said in a media release.
The group said interest income grew by 6.96 per cent to Rs. 221.53 billion for the nine months ending September 2025, while interest expenses for the period remained static at Rs. 118.05 billion. as a result of the lower cost of funds and continuing improvement in the CASA ratio.
Taxes on financial services increased by 50.72 per cent to Rs. 13.36 billion, leading to group profit before income tax of Rs. 73.35 billion for the nine months with a growth of 45.71 per cent. Income tax increased by 34.71 per cent to Rs. 25.33 billion resulting in a net profit of Rs. 48.02 billion for the group during the nine months reviewed, representing a bottom-line growth of 52.27 per cent. The group reported a net profit of Rs. 16.86 billion, recording an improvement of 33.38 per cent for the third quarter of the year.
“Our commitment to lending remains undiminished, because we believe that our capacity to support national economic growth targets must be fully leveraged within prudential limits” said Sharhan Muhseen, Chairman of Commercial Bank.
Sanath Manatunge, Managing Director/CEO of Commercial Bank said the bank’s ability to sustain growth in the loan book backed by a focus on yield management and cost optimisation helped the bank to post these strong results for the nine months reviewed.
Taken separately, Commercial Bank of Ceylon PLC reported a profit before tax of Rs. 70.57 billion and profit after tax of Rs. 46.02 billion for the nine months reviewed, recording growths of 44.83 per cent and 51.51 per cent respectively.
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