Sampath Bank 2Q profit jumps 64%
Sri Lanka, Aug. 14 -- Sampath Bank PLC reported a 64 percent increase in second-quarter profit, as higher interest, fee and foreign-exchange income combined with a sharp reduction in impairment charges.
The bank's standalone profit after tax rose to Rs. 10.45 billion in the three months ended June 30, 2026, from Rs. 6.35 billion a year earlier, according to interim financial statements filed with the Colombo Stock Exchange. Earnings per share increased to Rs. 8.91 from Rs. 5.42.
Profit was also 69 percent higher than the Rs. 6.18 billion recorded in the preceding quarter.
Total operating income climbed 32 percent year-on-year to Rs. 34.78 billion, while impairment charges fell 64 percent to Rs. 483 million. Compared with the first qua...
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