Sampath Bank maintains growth momentum in 2025
View(s):Sampath Bank has reported a Profit Before Tax (PBT) of Rs. 35.3 billion and a Profit After Tax (PAT) of Rs. 21.5 billion for the nine-month period ending September 2025, reflecting a year-on-year growth of 18 per cent and 21 per cent respectively.
The group recorded a PBT of Rs. 38 billion and a PAT of Rs.23.1 billion for the same period, marking growth of 19 per cent and 21 per cent respectively, the bank said in a media release.
The bank’s total interest income declined by 3 per cent year-on-year for the nine-month period reaching Rs.134 billion. This decrease was primarily driven by the continued reduction in the Average Weighted Prime Lending Rate (AWPLR) and lower yields from government securities.
The bank reported a strong 107 per cent year-on-year increase in total non-fund based income, reaching Rs. 23.9 billion for the nine-month period.
The bank also recorded a total exchange gain of Rs. 3.5 billion during the period, marking a notable turnaround from the exchange loss of Rs. 3.5 billion reported in the same period last year. This improvement was primarily driven by the depreciation of the LKR against the USD by Rs. 9.30.
For the nine-month period, the bank recorded a total impairment charge of Rs. 2 billion, representing a significant decrease of 62 per cent compared to the corresponding period in 2024. This comprised an impairment charge of Rs. 2.3 billion on loans and advances (2024: Rs. 3.1 billion), Rs. 0.6 billion on other financial assets (2024: Rs. 1.2 billion), and a reversal of Rs. 0.8 billion on credit-related commitments and contingencies (2024: charge of Rs. 1.1 billion).
Notwithstanding a significant 18.9 per cent expansion in the bank’s loan portfolio during the period under review, impairment charges on loans and advances declined by 27 per cent year-on-year.
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