NTB delivered a strong performance in 2025, supported by solid credit growth, healthy fee income, and improving asset quality. 🔑 Key Highlights - 2025 • PAT: LKR 19.3bn (+15% YoY) • Net Loans: LKR 430bn (+50% YoY) driven by offshore lending, trade finance & leasing • Deposits: LKR 502bn (+31% YoY) supporting balance sheet expansion 📈 Profitability & Asset Quality • NIM: 6.1%, remaining above most industry peers • Stage 3 Ratio: Improved to 0.9% • ROE: Above 20%, among the strongest in the sector 💳 HSBC Retail Business Acquisition • NTB to acquire HSBC Sri Lanka’s retail banking portfolio • Adds 200,000+ premium customers, credit cards and retail loans • Expected to strengthen NTB’s credit card market share and retail presence 🚀 Outlook • Credit growth likely to remain strong in 2026 driven by economic recovery, reconstruction activity and trade volumes • Improving asset quality and strong margins could sustain ROEs above 20% 💰 Valuation • NTB trades at ~1.1x / 1.6x P/BV based on NAVPS of LKR 293.12