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Sri Lankan (CSE) Banks Industry Analysis

UpdatedFeb 08, 2026
DataAggregated Company Financials
Companies12
  • 7D0.03%
  • 3M4.0%
  • 1Y41.4%
  • YTD7.3%

The Banks industry has stayed flat over the last week. The past year has been better, since the industry has gained 41% in that time. As for the next few years, earnings are expected to grow by 2.3% per annum.

Industry Valuation and Performance

Has the Sri Lankan Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 08 Feb 2026LK₨1.2tLK₨783.2bLK₨221.9b5.8x5.3x1.5x
Tue, 06 Jan 2026LK₨1.1tLK₨783.2bLK₨221.9b5.6x5x1.4x
Thu, 04 Dec 2025LK₨1.1tLK₨783.2bLK₨221.9b5.3x4.8x1.4x
Sat, 01 Nov 2025LK₨1.1tLK₨749.6bLK₨207.9b5.9x5.3x1.5x
Mon, 29 Sep 2025LK₨1.1tLK₨747.2bLK₨207.4b5.8x5.2x1.4x
Wed, 27 Aug 2025LK₨1.1tLK₨747.2bLK₨207.4b5.8x5.1x1.4x
Fri, 25 Jul 2025LK₨950.3bLK₨717.3bLK₨194.7b5.3x4.9x1.3x
Sun, 22 Jun 2025LK₨827.6bLK₨717.3bLK₨194.7b4.5x4.3x1.2x
Tue, 20 May 2025LK₨788.4bLK₨716.9bLK₨194.7b4.3x4x1.1x
Thu, 17 Apr 2025LK₨770.3bLK₨681.1bLK₨179.7b4.6x4.3x1.1x
Sat, 15 Mar 2025LK₨791.4bLK₨681.1bLK₨179.7b4.8x4.4x1.2x
Mon, 10 Feb 2025LK₨831.5bLK₨516.2bLK₨132.0b6.6x6.3x1.6x
Wed, 08 Jan 2025LK₨779.1bLK₨516.2bLK₨132.0b6.2x5.9x1.5x
Fri, 06 Dec 2024LK₨663.6bLK₨516.2bLK₨132.0b5.2x5x1.3x
Sun, 03 Nov 2024LK₨586.2bLK₨495.7bLK₨127.5b4.8x4.6x1.2x
Tue, 01 Oct 2024LK₨516.2bLK₨493.7bLK₨126.5b4.5x4.1x1x
Thu, 29 Aug 2024LK₨453.6bLK₨493.7bLK₨126.5b3.9x3.6x0.9x
Sat, 27 Jul 2024LK₨490.7bLK₨452.3bLK₨109.9b4.8x4.5x1.1x
Mon, 24 Jun 2024LK₨527.5bLK₨452.3bLK₨109.9b5.2x4.8x1.2x
Wed, 22 May 2024LK₨525.9bLK₨452.3bLK₨109.9b5.3x4.8x1.2x
Fri, 19 Apr 2024LK₨512.3bLK₨423.6bLK₨98.5b5.4x5.2x1.2x
Sun, 17 Mar 2024LK₨466.2bLK₨423.6bLK₨98.5b4.9x4.7x1.1x
Tue, 13 Feb 2024LK₨445.4bLK₨394.6bLK₨104.9b4.2x4.2x1.1x
Thu, 11 Jan 2024LK₨448.3bLK₨394.6bLK₨104.9b4.2x4.3x1.1x
Sat, 09 Dec 2023LK₨451.5bLK₨390.6bLK₨104.1b4.2x4.3x1.2x
Mon, 06 Nov 2023LK₨427.1bLK₨346.2bLK₨87.4b5.4x4.9x1.2x
Wed, 04 Oct 2023LK₨441.9bLK₨341.9bLK₨86.3b5.5x5.1x1.3x
Fri, 01 Sep 2023LK₨450.0bLK₨341.9bLK₨86.3b5.7x5.2x1.3x
Sun, 30 Jul 2023LK₨465.5bLK₨297.4bLK₨70.1b7.4x6.6x1.6x
Tue, 27 Jun 2023LK₨336.6bLK₨297.4bLK₨70.1b4.9x4.8x1.1x
Thu, 25 May 2023LK₨292.3bLK₨297.4bLK₨70.1b4.3x4.2x1x
Sat, 22 Apr 2023LK₨297.4bLK₨287.3bLK₨74.2b4.3x4x1x
Mon, 20 Mar 2023LK₨328.2bLK₨287.4bLK₨74.2b4.7x4.4x1.1x
Wed, 15 Feb 2023LK₨254.6bLK₨282.5bLK₨66.0b4.2x3.9x0.9x
Price to Earnings Ratio

3.9x


Total Market Cap: LK₨254.6bTotal Earnings: LK₨66.0bTotal Revenue: LK₨282.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Banks Industry Price to Earnings3Y Average 4.8x202420252026
Current Industry PE
  • Investors are optimistic on the Sri Lankan Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 5.3x which is higher than its 3-year average PE of 4.8x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 50% per year over the last three years.
  • Revenues for these companies have grown 40% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Sri Lankan Financials industry?

LK Market-0.30%
Financials-0.25%
Banks0.026%
Diversified Banks0.026%
Regional Banks0%0
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 4.8x.
    • Analysts are expecting annual earnings growth of 2.3%, which is lower than the prior year's growth of 57.4% per year.
  • Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.8x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 2.3% over the next 5 years.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 2.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
HNB.N0000 Hatton National BankLK₨428.750.6%
+LK₨1.4b
27.2%PB0.8x
SEYB.N0000 Seylan BankLK₨110.001.6%
+LK₨1.1b
37.8%PB0.9x
SAMP.N0000 Sampath BankLK₨156.000.5%
+LK₨879.5m
32.8%PB1x
NDB.N0000 National Development BankLK₨148.001.4%
+LK₨853.8m
26.1%PB0.7x
UBC.N0000 Union Bank of ColomboLK₨15.001.4%
+LK₨216.7m
29.3%PB0.8x

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