National Development Bank PLC (COSE:NDB.N0000)

National Development Bank Income Statement

Financials in millions LKR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	86,677	88,283	119,722	98,217	52,795	53,153
Interest Paid on Deposits	50,649	53,789	87,342	67,087	31,053	35,228
Net Interest Income	36,029	34,494	32,380	31,130	21,741	17,925
Net Interest Income Growth (YoY)	12.04%	6.53%	4.02%	43.19%	21.29%	-0.26%
Income From Trading Activities	1,064	1,041	2,906	-340.35	2,096	967.28
Gain (Loss) on Sale of Assets	2.83	2.83	5.71	3.83	14.21	1.86
Gain (Loss) on Sale of Investments	1,626	4,182	6,056	-325.26	746.73	1,600
Other Non-Interest Income	11,546	8,482	5,565	13,811	8,244	5,802
Total Non-Interest Income	14,239	13,709	14,532	13,149	11,102	8,371
Non-Interest Income Growth (YoY)	1.15%	-5.66%	10.52%	18.44%	32.63%	25.44%
Revenues Before Loan Losses	50,268	48,203	46,912	44,279	32,843	26,296
Provision for Loan Losses	-15,204	-10,055	21,137	29,277	10,253	6,794
Revenue	65,472	58,257	25,775	15,003	22,590	19,502
Revenue Growth (YoY)	133.68%	126.02%	71.80%	-33.59%	15.84%	-3.64%
Salaries and Employee Benefits	10,654	9,806	7,379	6,277	6,323	5,748
Occupancy Expenses	1,212	1,168	1,054	926.03	914.11	931.6
Selling, General & Administrative	103.95	103.95	-	-	-	-
Other Non-Interest Expense	29,066	27,198	9,399	6,499	6,293	5,540
Total Non-Interest Expense	41,036	38,276	17,833	13,702	13,529	12,220
EBT Excluding Unusual Items	24,436	19,982	7,943	1,301	9,061	7,282
Asset Writedown	185.57	185.57	211.55	168.27	153	108.11
Pretax Income	24,622	20,167	8,154	1,469	9,214	7,390
Income Tax Expense	11,530	10,275	2,296	-1,607	2,151	2,173
Earnings From Continuing Operations	13,092	9,892	5,858	3,076	7,063	5,217
Minority Interest in Earnings	-112.45	-98.17	-98.77	-67.07	-158.47	-100.54
Net Income	12,979	9,794	5,759	3,009	6,904	5,117
Net Income to Common	12,979	9,794	5,759	3,009	6,904	5,117
Net Income Growth	146.91%	70.05%	91.42%	-56.42%	34.93%	7.14%
Basic Shares Outstanding	427	425	425	425	370	277
Diluted Shares Outstanding	428	426	425	425	370	277
Shares Change (YoY)	0.87%	0.32%	-	14.96%	33.54%	-
EPS (Basic)	30.41	23.05	13.55	7.08	18.68	18.49
EPS (Diluted)	30.32	22.98	13.55	7.08	18.68	18.49
EPS Growth	144.82%	69.55%	91.41%	-62.09%	1.04%	7.14%
Dividend Per Share	4.889	4.889	1.880	-	0.840	1.261
Dividend Growth	160.03%	160.03%	-	-	-33.34%	-21.33%
Effective Tax Rate	46.83%	50.95%	28.16%	-	23.35%	29.40%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.