Bank Overview

Financial Highlights

For the year ended 31st December	2022 LKR	2021 LKR	Change
Financial performance
Gross Income	22,034,136,119	15,477,595,919	55%
Interest income	23,101,048,459	14,792,068,260	56%
Interest expenses	16,261,994,676	8,018,419,381	103%
Profit before tax	96,957,128	1,329,807,785	-93%
Profit after tax	61,166,336	883,278,171	-93%
Total comprehensive income	292,179,813	909,346,725	-68%
Financial position at the year end
Net advance to customers	110,525,450,192	111,891,255,619	-1%
Deposit from customers	107,533,001,772	93,902,939,217	-15%
Total assets	159,521,031,879	147,818,916,072	-8%
Total equity	13,659,214,913	14,129,696,530	-3%
Growth in advances	-1.22%	8.99%
Growth in deposits	14.52%	0.68%
Investor information
Earnings per share (Rs.)	0.38	7.63
Net assets per share (Rs.)	85.00	88.00
Market value per share (Rs.)	21.40	43.00
Price earning ratio (times)	56.31	5.64
Ratios
Net interest margin-%	4.90	5.47
Return on assets (ROA)-%	0.06	0.96
Return on equity (ROE)-%	0.44	7.35
Stage III impairment ratio-%	7.36	4.42