People’s Bank Reports Strong Q1 2025 Performance with Surging Profits
- CNL Reporter
- May 30, 2025
- Banking and Financial
- People’s Bank
- 0 Comments
People’s Bank has reported outstanding financial results for the first quarter of 2025, posting a consolidated operating income of Rs. 45.1 billion and a post-tax profit of Rs. 11 billion, up by 120.8% and 347.2%, respectively.
Net interest income surged to Rs. 38.6 billion, while net interest margins improved to 4.3% from 2% in 2024. Fee and commission income hit a record Rs. 4.5 billion, up 20.6%. Operating expenses rose to Rs. 19.9 billion.
Customer deposits reached Rs. 3,106.5 billion, with net loans at Rs. 1,689.4 billion. Total assets grew to Rs. 3,648.7 billion.
Capital Adequacy Ratios stood strong, with Tier I at 11.0% and Total at 16.5%, supported by a Rs. 13.5 billion Basel III Tier II debt issuance in Q3 2024. The bank’s capital position also reflects full prudential deductions from the 2024 sovereign-backed SOE restructuring.
