Nations Trust Bank records strong 1Q performance

Thursday, 15 May 2025 00:20 - - {{hitsCtrl.values.hits}}

Chairperson Sherin Cader

Director/CEO Hemantha Gunetilleke

Profit After Tax up by 8% to Rs. 4 b
Net Stage 3 Ratio at 1.4%
Total Capital Adequacy Ratio at 20.56%
Return on Equity at 20.45%

Nations Trust Bank PLC said yesterday it reported strong financial results for the three months ending 3 March, achieving a Profit After Tax (PAT) of Rs. 4 billion, up by 8% YoY.

Director/CEO Hemantha Gunetilleke said: “The bank’s performance for the three months ending 31 March, showcases our continued growth and expansion across diverse customer segments. Our solid capital position, strong liquidity buffers, effective risk management frameworks, and steadfast commitment to service excellence and digital empowerment remain the key drivers of our success.”

The bank’s financial performance is supported by its strong capital buffers, with Tier I Capital at 19.39% and a Total Capital Adequacy Ratio of 20.56%, well above the regulatory requirements of 8.5% and 12.5%, respectively.

A strong liquidity buffer was maintained with a Liquidity Coverage Ratio of 270% against the regulatory requirement of 100%.

The bank reported a Return on Equity (ROE) of 20.45%, while its Earnings Per Share for the three months ending 31 March, increased to Rs. 12.35, against

Rs. 11.42 recorded during the same period last year.