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Commercial Bank Q1 2026 Key Financials
Quarterly performance metrics for Commercial Bank of Ceylon.
Primary Sources
ComBank Group's assets cross Rs. 3.5 Tn. in milestone-rich first ...
CASA ratio improves to industry-best 40.18% Loan book grows by Rs. 71.6 Bn. in 3 months to Rs. 2.16 Tn. Deposits increase by Rs. 171.1 Bn. in Q1 to reach Rs. 2.87 Tn. Pays Rs. 14.9 Bn. in taxes Impairment charges drop 55.5%; Provision cover tops 75% The Commercial Bank of Ceylon PLC and its subsidiaries have become the first private sector banking group in Sri Lanka to exceed Rs. 3.5 trillion in assets, one of several achievements in a milestone-studded first quarter of 2026. Building on its lending-centred record-breaking performance of 2025, the Commercial Bank Group posted total assets of Rs. 3.61 trillion as at 31st March 2026, a growth of Rs. 230 billion or 6.81% over the first three months of the year. Asset growth over the preceding 12 months amounted to Rs. 610 billion or 20.34% YoY. This growth was based on gross loans and advances increasing by Rs. 71.61 billion in the quarter under review to Rs. 2.16 trillion, at a monthly average of Rs. 23.87 billion; and deposits growing by Rs. 171.14 billion at a monthly average of Rs. 57.05 billion to reach Rs. 2.87 trillion as at 31st March 2026. With this, the Group recorded year-on-year growth of 31.35% in its loan book and 19.04% in its deposits portfolio. As a result, the Group’s net asset value per share increased to Rs. 203.34 as at 31st March 2026, from Rs. 173.84 a year ago. Commenting on the Group’s performance, Mr Sharhan Muhseen, Chairman of Commercial Bank said: “We have made a characteristically strong and well-balanced start to 2026. It is encouraging to see the momentum generated by our clear focus on balance sheet strength and disciplined risk management continuing seamlessly into the new year, which benefits from the strong buffers built in 2025. We will continue to build on the fundamentals that sustain shareholder value in the year ahead.” Mr Sanath Manatunge, Managing Director/CEO of Commercial Bank noted that the Group achieved strong growth improving provision cover to over 75%, ensuring that the provision levels remain robust and aligned with the risks posed by a volatile global economic landscape, while improving its CASA ratio to more than 40%, the best in the industry. “Importantly, our emphasis on sustainability, governance, compliance and national economic priorities has been enhanced, ensuring that the interests of all stakeholders are given their due prominence in our growth,” he said. Gross income for the quarter grew by 12.47% to Rs. 99 billion, while interest inco...
ComBank Group's assets cross Rs. 3.5 Tn. in milestone-rich first ...
The Commercial Bank of Ceylon PLC and its subsidiaries have become the first private sector banking group in Sri Lanka to exceed Rs. 3.5 trillion in assets, one of several achievements in a milestone-studded first quarter of 2026.Building on its lending-centred record-breaking performance of 2025, the Commercial Bank Group posted total assets of Rs. 3.61 trillion as at 31st March 2026, a growth of Rs. 230 billion or 6.81% over the first three months of the year.This growth was based on gross loans and advances increasing by Rs. 71.61 billion in the quarter under review to Rs. 2.16 trillion, at a monthly average of Rs. 23.87 billion; and deposits growing by Rs. 171.14 billion at a monthly average of Rs. 57.05 billion to reach Rs. 2.87 trillion as at 31st March 2026.Sharhan Muhseen, Chairman of Commercial Bank said: “We have made a characteristically strong and well-balanced start to 2026. It is encouraging to see the momentum generated by our clear focus on balance sheet strength and disciplined risk management continuing seamlessly into the new year, which benefits from the strong buffers built in 2025.”Sanath Manatunge, Managing Director/CEO of Commercial Bank noted that the Group achieved strong growth improving provision cover to over 75%, ensuring that the provision levels remain robust and aligned with the risks posed by a volatile global economic landscape, while improving its CASA ratio to more than 40%, the best in the industry.Gross income for the quarter grew by 12.47% to Rs. 99 billion, while interest income improved by 14.17% to Rs. 82.89 billion, with the bulk of the income generated by loans.Total operating income increased by 9.25% to Rs. 50.84 billion, and the Group’s provision for impairment charges and other losses declined to Rs. 3.18 billion compared to the Rs. 7.15 billion reported for the corresponding period of 2025, reflecting the higher prudential provisioning recorded in the comparative quarter.Consequently, net operating income for the three months, at Rs. 47.66 billion, reflected a growth of 21%, and the Group’s operating expenses increased by 15.81% to Rs. 14.83 billion, resulting in an operating profit before taxes on financial services of Rs. 32.84 billion, an improvement of 23.51%.Taxes on financial services increased by 29.12% to Rs. 5.20 billion, resulting in Group profit before tax of Rs. 27.63 billion for the three months, a growth of 22.51%. With income tax increasing by 27.84% to Rs. 9.70 billion, the Group reported ne...
Acwa announces Q1 2026 results with SAR 455 billion assets under ...
During the first quarter, the company maintained the growth of its asset base, with a total of 109 assets in operation, advanced development, or under construction, to the value of SAR 455 billion - up 12.9 percent from SAR 403 billion at the close of Q1 2025.
Citigroup Inc (C) Return on Assets ROA from the first quarter of 2026 ...
In its first quarter of 2026, Citigroup Inc yielded a return on asset (ROA) of 0.63% Meanwhile, within the Financial sector 524 other companies had a higher return on assets.
