📈 PATMI Reaches LKR 48.0bn – marking the second-highest quarterly earnings on record! 🔹 Key Drivers: • Stable Net Interest Income (NII) • Strong Non-Fund-Based Income • Significantly Lower Impairment Provisions 📉 Impairment provisions declined YoY across the board, while QoQ comparisons are skewed due to ISB impairment reversals in 4Q 2024. 💹 Valuation Check: Despite the strong rally in 2024, banks continue to trade below book value, with PBVs slightly below their 10-year historical average — keeping relative valuations attractive.