Nations Trust Bank sustains strong growth momentum in Q3 2026
Nations Trust Bank PLC (NTB) recorded a strong financial performance for the nine months ended 30th September 2026, supported by sustained growth across its key business segments and continued earnings momentum. The Bank recorded a Profit After Tax (PAT) of Rs 20 b, while maintaining healthy asset growth and a strong balance sheet during the […]
Nations Trust Bank PLC (NTB) experienced robust financial growth in the third quarter of 2026, driven by sustained development in its main business areas and consistent earnings progress. The bank reported a Profit After Tax (PAT) of Rs 20 billion, while maintaining a robust asset base and a solid balance sheet throughout the period.
NTB emphasized expanding its Consumer, Commercial, and Corporate Banking operations, enhancing customer service quality, advancing its digital infrastructure, and practicing prudent risk management. These strategies allowed the bank to maintain growth while preserving the quality and resilience of its portfolio.
NTB's achievements were bolstered by substantial asset growth, stable Net Interest Margins (NIMs) at 5.40%, and strict risk management, leading to a Net Stage 3 Ratio of 0.72%. The bank's Return on Equity (ROE) was 26.11%, underscoring its ongoing earnings momentum and efficient capital utilization. Total income increased by 14% during the quarter, partly balanced by expenses linked to the acquisition of HSBC Sri Lanka's retail banking operations and Day 1 provisions on the acquired portfolio.
Hemantha Gunetilleke, NTB's Director and Chief Executive Officer, commented on the results, stating that the bank's strong performance throughout the first nine months of 2026 exemplifies its continued momentum across various segments and its dedication to sustainable growth. He highlighted the bank's ongoing commitment to improving customer relationships and service quality.
Looking ahead to the final quarter of the year, NTB aims to build on this progress and deliver long-term value for its customers and stakeholders. NTB serves clients across Consumer, Commercial, and Corporate Banking channels through a wide range of physical and digital platforms. The bank remains committed to providing customers with innovative banking solutions and advanced digital services.
As the sole issuer and acquirer of American Express Cards in Sri Lanka, NTB continues to maintain a leading position in premium banking.
Written by urgent.news from The Island Sri Lanka's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.