Amãna Bank Q3 PAT soars by 98%, 9 Month PBT reaches LKR 2.7 Bn

Amãna Bank continued its strong profitability momentum by nearly doubling its profits in Q3 to reach a YTD PBT of LKR 2.7 billion (39% YoY) and PAT of LKR 1.6 billion (44% YoY), setting a new record by achieving the Bank’s 2024 full-year PBT in 9 months. During Q3,PBTsoaredby 91% YoY to LKR 1.2 billion and after taxation, profit stood at LKR 0.7billion, recording a 98% YoY growth.

On the Bank’s top-line performance, Net Financing Income during Q3 grew significantly by 42% YoY to reach LKR 2.26 billion, resulting in a 19% YoY increase in Net Financing Income for the 9months ended 30 September 2025 to reach LKR 6.1 billion, supported by a healthy financing margin of 4.2%. The Bank’s Net Fee and Commission Incomerecorded strong growth of 53% YoY during Q3 to reach LKR 417.1 million and 35% YoY during the nine months to surpass the LKR 1 billion mark. This contributed to Total Operating Income rising to LKR 2.8billion in Q3 and LKR 7.5billion as of 30 September 2025, translating to a YoY growth of 34% and 15% respectively.

The resultant impact of improved business environment,proactive customer engagement, and strengthened portfolio quality, enabled the Bank to achieve a reversal in its Impairment Charges, leading to a 49% increase in Net Operating Income to LKR 3.0 billion for Q3 and a 24% increase to LKR 7.6billion for the 9months ended 30 September 2025.

The Bank recorded a commendable 30% increase or LKR 33.2 billion growth in customer advances-during the 9 months, thereby contributing to the national economy through the Bank’s development-focussed financing model, to close advances at LKR 144.5 billion, while also setting an industry benchmark of 71% of Total Assets consisting of Advances.

This performance was achieved while continuing to have one of the lowest industry-wide Stage 3 Impaired financing ratio of 1.1% owing to the Bank’s effective risk management and underwriting standards, driven by its unique people friendly approach.

Recently, the Bank paid its 8th successive interim dividend of LKR 1.30 per share totalling to an all-time high pay-out of LKR 716.5 million, continuingthe trend ofcreating value to its shareholders.

Commenting on the Bank’s recent performance Chairman Asgi Akbarally stated “Our strong financial performance in 2025 reaffirms the soundness of our strategy and our commitment to delivering sustainable value to shareholders. We have continued to enhance profitability while maintaining disciplined growth and a robust balance sheet, positioning Amãna Bank as a resilient institution in a dynamic operating environment. This consistent trajectory of performance and purpose was further validated when the Bank was recognised as the Best Bank in Sri Lanka at the ICC Emerging Asia Awards — an honour that celebrates the collective dedication of the Amana Bank Team.”

Also sharing his comments Managing Director/CEO Mohamed Azmeer stated “Our performance in Q3, where profits nearly doubled, demonstrates the effectiveness of the Bank’s focused execution of our plans.”

Source: Daily News