Financial highlights

Table – 02

	GROUP			BANK
	2025	2024	Change (%)	2025	2024	Change (%)
Results for the year (Rs. Bn.)
Gross income	365.181	274.507	33.03	354.811	266.944	32.92
Operating profit before taxes on financial services	110.539	117.515	(5.94)	106.932	115.138	(7.13)
Taxes on financial services	17.751	19.707	(9.93)	17.554	19.604	(10.46)
Profit before taxation (PBT)	92.787	97.808	(5.13)	89.378	95.535	(6.44)
Income tax expense	31.850	42.122	(24.39)	30.890	41.461	(25.50)
Profit after tax (PAT)	60.938	55.686	9.43	58.487	54.074	8.16
Gross dividends	17.173	15.301	12.23	17.173	15.301	12.23
Position at the year end (Rs. Bn.)
Shareholders’ funds	332.066	281.129	18.12	324.319	275.262	17.82
Financial liabilities at amortised cost – due to depositors	2,700.027	2,306.079	17.08	2,608.852	2,236.567	16.65
Financial assets at amortised cost – loans and advances to other customers (Gross)	2,085.502	1,525.507	36.71	2,027.760	1,486.901	36.37
Total assets	3,378.864	2,875.993	17.49	3,257.948	2,789.780	16.78
Information per Ordinary Share (Rs.)
Earnings (Basic)	36.86	37.94	(2.85)	35.87	37.25	(3.70)
Earnings (Diluted)	36.71	37.88	(3.09)	35.72	37.20	(3.98)
Dividends – Cash	–	–	–	8.00	7.50	6.67
Dividends – Shares	–	–	–	2.50	2.00	25.00
Net assets value	203.04	174.58	16.30	198.30	170.94	16.01
Market value at the year end – Voting	–	–	–	200.75	144.75	38.69
Market value at the year end – Non-voting	–	–	–	190.50	115.50	64.94
Key financial ratios
Return on average assets (ROA) – After tax (%) (*)	1.92	1.99	(0.07)	1.93	2.01	(0.08)
Return on average shareholders’ funds (ROE) – After tax (%) (*)	19.61	21.96	(2.35)	19.51	22.06	(2.55)
Financial intermediation margin (%)	N/A	N/A	–	11.73	9.94	1.79
Total impairment provision as a % of gross loans and advances (%)	6.10	6.85	(0.75)	6.13	6.89	(0.76)
Cost of credit risk on loans and advances (%)	1.29	1.65	(0.36)	1.29	1.66	(0.37)
Net impaired loans (Stage 3) ratio (%)	–	–	–	1.54	2.76	(1.22)
Impairment (Stage 3) to stage 3 loans ratio (%)	–	–	–	73.50	64.61	8.89
Price earnings – ordinary voting shares – (times)	–	–	–	5.60	3.89	1.71
Dividend yield – ordinary voting shares (%)	–	–	–	5.23	6.56	(1.33)
Dividend cover on ordinary shares (times)	–	–	–	3.42	3.92	(0.50)
Statutory ratios
Capital adequacy ratios (under Basel III) (%)
Common Equity Tier I capital ratio (minimum requirement – 8.500%)	12.834	13.968	(1.134)	13.035	14.227	(1.192)
Tier I capital ratio (minimum requirement – 10.000%)	12.834	13.968	(1.134)	13.035	14.227	(1.192)
Total capital ratio (minimum requirement – 14.000%)	16.368	17.653	(1.285)	16.698	18.142	(1.444)
Liquidity coverage ratio (%)
Rupee – (minimum requirement – 100%)	–	–	–	419.40	529.20	(109.80)
All currency – (minimum requirement – 100%)	–	–	–	288.58	454.36	(165.78)
Net stable funding ratio – (minimum requirement – 100%)	–	–	–	163.94	187.29	(23.35)
Gearing ratio (%)
Leverage ratio (minimum requirement – 3%)	6.96	6.94	0.02	6.82	6.79	0.03

(*) After adjusting for the impact of debt restructuring, the Group and the Bank reported normalised ROA of 1.50% and 1.51%, and normalised ROE of 16.59% and 16.57% respectively, for the year ended December 31, 2024.

Financial goals and achievements – Bank

Financial Indicator	Goal	Achievement
		2025	2024	2023	2022	2021
Return on average assets (ROA) – After Tax (%)	Over 2%	1.93	2.01	0.82	1.05	1.28
Return on average shareholders’ funds (ROE) – After Tax (%)	Over 20%	19.51	22.06	9.78	12.46	14.66
Growth in gross income (%)	Over 20%	32.92	(20.41)	21.94	71.25	7.39
Growth in profit after tax for the year (%)	Over 20%	8.16	164.28	(10.92)	(2.70)	44.17
Growth in total assets (%)	Over 20%	16.78	8.12	6.37	24.45	12.27
Dividend per share (DPS) (Rs.)	Over Rs. 8.00	10.50	9.50	6.50	4.50	7.50
Capital adequacy ratios
Common equity Tier I capital ratio (minimum requirement – 8.500%)	2% buffer over the regulatory minimum requirement	13.035	14.227	11.442	11.389	11.923
Tier I capital ratio (minimum requirement – 10.000%)		13.035	14.227	11.442	11.389	11.923
Total capital ratio (minimum requirement – 14.000%)		16.698	18.142	15.151	14.657	15.650