People's Bank sustains strong growth momentum with LKR 32.6 bn record pre-tax profit in first half of 2026
Sri Lanka, Aug. 25 -- People's Bank continued its strong growth momentum during the six months ended June 30, 2026, delivering robust profitability supported by sustained core banking performance, improved margins and disciplined financial management.
The Bank recorded a standalone Profit Before Tax (PBT) of LKR 32.6 billion for the period, together with a record Profit After Tax of LKR 20.5 billion, reflecting the continued strengthening of its earnings capacity and financial position despite an evolving global and domestic economic environment.
The strong profitability was underpinned by broad-based growth across the Bank's core income streams. Total operating income increased by 17.7% to LKR 95.2 billion, compared with LKR 80.9 billi...
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