📊 NBFIs Regain Momentum in 3Q FY26! 💼🚀 Sector earnings strengthened as credit demand accelerated and asset quality improved across the industry. 🔑 Key Sector Highlights • PAT: LKR 19.6bn (+22% YoY) • Loan Book: LKR 2.3tn (+12% QoQ) reflecting strong credit expansion • ROE: Improved to 16.3% from 12.8% a year ago • Gross NPA: Declined to 6.1%, showing improving asset quality 🏦 Earnings & Profitability • Most Tier 1 NBFIs recorded earnings growth • COCR, LFIN & VFIN maintained ROEs above 20% • Strong profitability across several mid-sized players 📈 Credit Growth Momentum • Sector credit continues to expand strongly • MERC, PLC, HNBF, and SFIN among the fastest growers • Capital raising and balance sheet expansion underway ⚖️ Valuations Remain Attractive • Many NBFIs still trade at reasonable multiples despite improving returns • Strong ROEs could support further sector rerating