Having recorded its best-ever profit in 2025, Amãna Bank sustained its momentum, posting a Profit After Tax of LKR 1.7 billion and a Profit Before Tax of LKR 2.8 billion for the nine months ended 30 September 2026. This performance was achieved against a backdrop of prevailing economic challenges due to the geo-political uncertainties.
On the Bank’s top-line performance for the nine months ending 30 September, Net Financing Income grew YoY by 11% to reach LKR 6.7 billion, supported by a steady financing margin of 4.3%. The Bank’s Net Fee and Commission Income increased by 8% to LKR 1.1 billion. Net Trading Income for the 9 month period grew by 42% crossing LKR 400 million. Total Operating Income rose to LKR 8.2 billion, translating to a growth of 11%.
Inflationary pressures drove operating expenses higher, with the Bank recording a Cost-to-Income Ratio of 52% and an Operating Profit before all taxes of LKR 3.6 billion. The Bank’s aggregate tax contribution of LKR 2.0 billion accounted for a significant 54% of the Bank’s Operating Profit before all taxes.
The Bank consolidated its balance sheet performance, with Customer Advances growing by 6% during the 9 months to reach LKR 160.4 billion largely driven by the Bank’s SME & Retail financing portfolio, which continues to support the national economy. The Bank’s Net Impaired Financing and Advances (Stage 3) Ratio of 1.3% remained one of the lowest in the industry as a result of the Bank’s effective risk management and underwriting standards, driven by its unique development focussed and people friendly approach to banking. Customer Deposits closed the quarter at LKR 179.7 billion while maintaining an industry high CASA ratio of 43%. The Bank’s Total Assets stood at LKR 213.7 billion as of end Q3 2026.
The Bank recorded a Return on Equity of 8.6% and a Return on Assets of 1.8% for the period under review. The Bank’s share was trading at LKR 26.80 as of 30 September 2026, compared to the Bank’s Net Asset Value Per Share of LKR 48.36. The Bank’s capital position remained healthy, with the Common Equity Tier 1 Capital Ratio closing at 12.2% and the Total Capital Ratio at 13.6%, underscoring the Bank’s financial profile and stability. Liquidity buffers remained strong as at Q3 2026, with the Liquidity Coverage Ratios for Rupee and All Currency standing at 298.4% and 156.7%, respectively, and the Net Stable Funding Ratio at 139.4%, all comfortably exceeding the respective regulatory requirements.
Commenting on the Bank’s performance Chairman Asgi Akbarally stated “Amãna Bank has continued to sustain its profitability while consolidating its financial position. Our performance reflects the strength of our development-focused and people-friendly banking model, reinforced by prudent governance and the continued trust of our stakeholders. As we mark 15 years of banking, we remain committed to building on this foundation to create lasting value for our shareholders, support enterprise and contribute to the country’s economic progress.”
Also commenting on the performance, Managing Director/CEO Mohamed Azmeer stated, “Amãna Bank sustained its profit momentum through growth in core income, disciplined risk management and a continued focus on customer needs. The growth in our financing portfolio, largely driven by Retail and SMEs, reflects our commitment to supporting businesses as they navigate challenges and pursue opportunities. Our strong CASA base and healthy asset quality continue to support this progress. Looking ahead, we remain focused on deepening customer relationships, enhancing digital convenience and improving operational efficiency to deliver sustainable growth.”
Amana Bank PLC is a stand-alone institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange, with the Jeddah-based IsDB Group being the principal shareholder of the Bank. The IsDB Group is a Supra-National, ‘AAA’ rated multilateral development financial institution with a membership of 57 countries.
Testifying to its position as a leading practitioner of the non-interest-based banking model, Amana Bank continues to be recognised amongst the Top 50 Strongest Islamic Banks in the World by The Asian Banker. Amana Bank does not have any subsidiaries, associates, or affiliated institutions apart from its engagement with OrphanCare as its Founding Sponsor.
Image 01, Caption:
Managing Director/CEO - Mohamed Azmeer
Image 02, Caption:
Corporate office premises
