Union Bank of Colombo Income Statement

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

Millions LKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	21,094	17,386	15,975	22,493	18,681	10,699
Interest Paid on Deposits	12,984	10,645	10,358	15,319	11,919	5,514
Net Interest Income	8,110	6,742	5,617	7,174	6,762	5,185
Net Interest Income Growth	27.10%	20.03%	-21.71%	6.10%	30.42%	14.27%
Gain (Loss) on Sale of Assets	8.6	8.6	2.88	1.36	2.54	3.21
Gain (Loss) on Sale of Investments	4.72	597.44	754.9	456.91	52.73	435.41
Other Non-Interest Income	2,571	2,427	1,527	1,545	2,028	1,365
Total Non-Interest Income	2,585	3,033	2,285	2,003	2,083	1,803
Non-Interest Income Growth	-7.07%	32.77%	14.03%	-3.84%	15.54%	-16.15%
Revenues Before Loan Losses	10,694	9,775	7,901	9,178	8,845	6,988
Provision for Loan Losses	119.47	471.41	178.17	1,735	2,968	1,129
Revenue	10,575	9,303	7,723	7,443	5,878	5,859
Revenue Growth	18.52%	20.46%	3.76%	26.63%	0.31%	2.07%
Salaries and Employee Benefits	3,341	3,153	2,774	2,681	2,293	2,065
Occupancy Expenses	1,006	1,052	895.38	832.77	787.28	737.05
Selling, General & Administrative	320.1	320.1	222.57	123.77	97.16	55.79
Other Non-Interest Expense	4,005	3,441	3,094	2,899	2,173	1,754
Total Non-Interest Expense	8,672	7,966	6,986	6,536	5,350	4,612
EBT Excluding Unusual Items	1,903	1,338	737.31	906.46	527.44	1,248
Pretax Income	1,900	1,334	733.41	900.87	525.28	1,240
Income Tax Expense	865.4	675.33	433.69	436.98	102.34	389.68
Earnings From Continuing Operations	1,034	658.97	299.73	463.89	422.94	850.18
Minority Interest in Earnings	-20.11	-14.25	-2.05	-7.6	11.13	-13.35
Net Income	1,014	644.73	297.67	456.29	434.07	836.83
Net Income to Common	1,014	644.73	297.67	456.29	434.07	836.83
Net Income Growth	93.45%	116.59%	-34.76%	5.12%	-48.13%	32.26%
Basic Shares Outstanding	1,083	1,084	1,084	1,084	1,084	1,084
Diluted Shares Outstanding	1,083	1,084	1,084	1,091	1,090	1,084
Shares Change	1.45%	-	-0.65%	0.08%	0.58%	-0.01%
EPS (Basic)	0.94	0.60	0.27	0.42	0.40	0.77
EPS (Diluted)	0.94	0.60	0.27	0.42	0.40	0.77
EPS Growth	90.69%	116.59%	-34.59%	5.00%	-48.05%	32.76%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Effective Tax Rate	45.55%	50.61%	59.13%	48.51%	19.48%	31.43%