Banks & Finance · Finance/Rental/Leasing
Citizens Development Business Finance PLC (CDB) is a Sri Lanka-based non-bank financial institution and public deposit-taking institution that provides a range of financial services including lending, leasing and deposit products to retail and commercial customers.
CDB shares are down 10.7% over the past year and last closed at Rs 32.50 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.1 | +10.9 | -5.1 | +9.0 | +0.7 | +0.5 | -7.0 | -10.0 | -9.7 | +0.0 | +0.0 | +0.0 |
| 2025 | +3.1 | -9.5 | +4.8 | -1.6 | +6.0 | +56.1 | +2.2 | -6.1 | +2.9 | +3.6 | -2.7 | -1.8 |
| 2024 | +0.0 | +0.0 | +9.7 | -5.5 | -5.1 | +6.6 | +0.2 | -2.6 | -3.4 | +18.1 | -1.6 | +6.7 |
| 2023 | +1.3 | +4.0 | +14.4 | -10.5 | +2.4 | +0.0 | -5.1 | -3.6 | +4.2 | -0.5 | +1.9 | -1.4 |
| 2022 | +2.7 | +22.4 | +9.3 | +0.0 | +0.0 | -7.2 | -2.8 | +14.1 | -7.4 | +2.7 | +5.3 | -5.0 |
| 2021 | +43.9 | -10.4 | -5.6 | +0.5 | +13.6 | +12.0 | -2.0 | +3.5 | +12.5 | +2.0 | -1.8 | +8.7 |
| 2020 | -0.2 | +3.8 | -17.1 | +0.0 | +0.0 | +6.7 | +1.9 | +5.3 | +4.9 | -12.7 | +14.1 | +0.3 |
| 2019 | +3.7 | +0.0 | -6.2 | -5.9 | +6.7 | +3.7 | +7.1 | +2.8 | +6.0 | -7.2 | -0.6 | -3.4 |
| 2018 | +3.9 | +10.6 | +16.4 | +3.5 | -3.4 | +1.5 | -8.5 | +4.9 | -3.5 | +2.6 | +2.2 | -2.3 |
| 2017 | -1.4 | -8.1 | +1.7 | +3.9 | +10.3 | -3.2 | -7.8 | -1.4 | -6.2 | +13.9 | -4.3 | -4.5 |
| 2016 | -13.0 | +0.6 | -15.4 | +12.8 | +2.4 | -2.9 | -7.2 | +2.7 | +1.1 | -6.3 | -4.0 | -2.8 |
| 2015 | -0.1 | -3.8 | -5.6 | +13.5 | +7.8 | -0.5 | +6.3 | -4.1 | -7.1 | +0.5 | -3.6 | +5.3 |
| 2014 | +20.2 | -6.9 | -2.1 | +14.8 | +17.4 | +7.3 | +6.0 | +18.7 | +6.8 | +7.4 | -9.0 | +7.2 |
| 2013 | +4.7 | -7.5 | +1.5 | +6.0 | +12.9 | -9.4 | -2.3 | -4.0 | +0.5 | +0.7 | +1.7 | +0.0 |
| 2012 | +0.0 | +0.0 | +0.0 | -4.0 | -16.5 | +12.6 | -7.1 | +7.4 | +17.3 | -11.2 | +7.9 | -0.5 |
| Average | +4.7 | +0.4 | +0.1 | +2.8 | +4.3 | +5.6 | -1.7 | +1.8 | +1.3 | +1.0 | +0.4 | +0.5 |
| ASPI average | +3.1 | -2.7 | -4.7 | +2.0 | +0.2 | +0.8 | +3.1 | +2.2 | +3.2 | -0.1 | +1.0 | +3.0 |
| Median | +2.0 | +0.0 | -0.3 | +3.5 | +6.0 | +1.5 | -2.3 | +2.7 | +1.1 | +1.4 | -1.1 | -0.9 |
| % up | 57% | 43% | 50% | 62% | 77% | 60% | 40% | 53% | 60% | 64% | 43% | 36% |
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Total income | Rs 16.4B +16.6% | Rs 14.1B +31.0% | Rs 10.8B +19.9% | Rs 9.0B -21.3% | Rs 11.4B |
| Operating profit | Rs 8.2B +3.7% | Rs 7.9B +72.3% | Rs 4.6B +48.4% | Rs 3.1B -46.6% | Rs 5.8B |
| Net profit | Rs 4.5B +12.5% | Rs 4.0B +59.2% | Rs 2.5B +54.6% | Rs 1.6B -55.0% | Rs 3.6B |
| EPS | 6.28 -88.9% | 56.53 +57.3% | 35.95 +54.4% | 23.29 -55.0% | 51.75 |
Compared with the same period a year earlier.
Parent company only. Subsidiaries are not included.
Per-share figures are as reported, not adjusted for splits.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | LOFC.N0000 | 5.30 | Rs 156.7B | 5.6 | 0.97 | 0.94 | 17.18% | 0.00% |
| 2 | LFIN.N0000 | 152.00 | Rs 84.2B | 5.6 | 1.34 | 27.10 | 23.87% | 5.39% |
| 3 | CFIN.N0000 | 208.50 | Rs 47.4B | 4.5 | 0.55 | 46.37 | 12.21% | 3.12% |
| 4 | PLC.N0000 | 18.00 | Rs 40.9B | 6.7 | 0.75 | 2.68 | 10.81% | 3.79% |
| 5 | COCR.N0000 | 96.70 | Rs 30.8B | 3.2 | 0.82 | 30.55 | 25.99% | 16.55% |
| 6 | SFCL.N0000 | 334.25 | Rs 30.3B | 14.6 | 2.22 | 22.82 | 15.66% | 0.84% |
| 7 | CDB.N0000 · this company | 32.50 | Rs 23.3B | 5.0 | 0.81 | 6.46 | 15.90% | 5.38% |
| 8 | VFIN.N0000 | 84.50 | Rs 22.4B | 5.6 | 1.06 | 15.04 | 17.97% | 3.12% |
| Peer median · 8 companies | - | - | 5.6 | 1.02 | - | - | 3.12% |
Citizens Development Business Finance PLC (CDB) is a Sri Lanka-based non-bank financial institution and public deposit-taking institution that provides a range of financial services including lending, leasing and deposit products to retail and commercial customers. Its activities include consumer and commercial finance, vehicle leasing and tailored funding solutions for small and medium enterprises. The company operates a suite of digital and self-service channels, including the CDB SELF platform and earlier digital offerings such as CDB iTransfer, CDB iControl and CDB iDeposit, alongside retail initiatives such as patpat.lk and ecosystem programmes like Wings that support women entrepreneurs. CDB also offers Islamic finance products and maintains relationships with international development finance partners to diversify its funding base. CDB emphasises digital transformation and the integration of artificial intelligence into customer journeys and operations, while embedding sustainability considerations into lending and a climate transition roadmap that guides its environmental and governance practices. The company’s operations extend across Sri Lanka with lending and services provided beyond the Western Province.
CDB combines growing annual profit with a low earnings multiple, but its very high leverage and weak interest cover remain the central concern.
Read the full report (Aug 17, 2026) →Higher than 10% of its last 10 months · 18 of 26 in its sector
3 articles in 30 days: 1 positive, 1 negative, 1 neutral.
Citizens Development Business Finance PLC launched its CDB Private Wealth proposition and unveiled the CDB Private Wealth World Mastercard White Metal Credit Card for affluent and high-net-worth customers, offering concierge services, tailored relationship management and premium travel and lifestyle privileges.
Colombo Stock Exchange closed lower with the ASPI down 0.39% to 20,955.56 and turnover at Rs595.97mn. Top contributors included Distilleries, Ceylon Tobacco, Laugfs Gas and Hayleys, while SMB Finance, Carson Cumberbatch, Sri Lanka Telecom and Dialog were among the laggards; ACL Cables announced a 60 cent interim dividend.
Fitch upgraded Sri Lanka's Long-Term Issuer Default Rating to B- from CCC+ with a Stable outlook, and the Colombo Stock Exchange's ASPI rose 0.36% to 21,054.01 on Tuesday. Top positive contributors were Access Engineering, Overseas Realty, Dialog Axiata and Hatton National Bank, while Kotmale, Namunukula Plantations, Sri Lanka Telecom, CDB and John Keells were among the decliners.
DFCC Bank's 2026/2031 Tier-2 debenture issue was oversubscribed with 117 applications for 147,682,500 debentures valued at 14.768 billion rupees, above the 12.50 billion rupee target. Colombo indices were modestly higher (ASPI +0.14% at 21,162.87; S&P SL20 +0.05% at 5,950.18) with turnover of 43.57 million rupees.
Citizens Development Business Finance PLC (CDB) held an SMBPlus capacity-building program in Kandy on Aug 3 to support SMEs, with over 75% of participants women. The event provided practical business-development sessions and networking to strengthen entrepreneurs beyond financing.
Colombo Stock Exchange closed down as the ASPI fell 0.25% (down 53.01 pts) to 21,489.22 on Wednesday, with market turnover at LKR 972.23 mn and capital goods leading turnover at LKR 283.19 mn. HNB Finance appointed four new independent/non-executive directors effective Sept 8, 2026; its shares closed down 1.20% at 8.20 rupees.
The Colombo bourse fell for a second session as the ASPI dropped 0.31% to 21,279.65 and the S&P SL20 fell 0.24% to 5,994.81; market turnover was about Rs. 797 million and foreign investors were net sellers of ~Rs. 4.1 million, with CARG, DIAL, COMB, BREW and CDB among top negative contributors.
Colombo Stock Exchange fell as the ASPI dropped 0.31% to 21,279.65 with turnover of Rs 796.92 million; capital goods led turnover at Rs 153.15 million. HNB Finance appointed Talpawila Kankanamge Don Aruna Prasad Samarasinghe as chairman effective Aug 28.
The ASPI fell 206.6 pts (1%) over the week but rose 0.05% to 21,416.61 yesterday; turnover exceeded Rs1.2bn and top contributors were MELS, CDB, SIRA, HHL and DIAL, while foreign investors were net sellers of Rs58.2m.
Colombo Stock Exchange indices closed up on Friday: ASPI +0.05% at 21,416.61 and S&P SL20 +0.19% at 6,030.75. Market turnover was Rs 1.22 billion with capital goods leading at Rs 480.7 million; notable movers included CDB, SIRA, HHL, DIAL, SAMP (up) and RIL, CCS (down); Melstacorp set its AGM for Sept 15, 2026.
With policy held at 8.75% amid 8.0% inflation, and Treasury and secondary bond yields rising during the window, banks face continued pressure to reprice deposits and loans while government-securities portfolios remain sensitive to yield moves. The rupee weakened and foreign investors sold rupee bonds for a second week. From 1 November, TIN verification will be required for bank accounts and credit cards, adding onboarding compliance.
Auto-generated from 45 sector news articles over 14 days. Not investment advice.