EquityLK

Hatton National Bank PLC

HNB.N0000Undervalued

Banks & Finance · Major Banks

Hatton National Bank PLC (HNB) is a Sri Lanka-based domestic systemically important bank that provides a broad range of banking and financial services, including retail and corporate banking, development finance, mortgage and lease financing, investment banking, corporate finance, insurance services, stockbroking and other financial services.

HNB shares are down 1.3% over the past year and last closed at Rs 384.00 on Sep 30, 2026.

Voting
Rs 384.00
+0.33%
Price history
-1.25%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+7.3+4.7-8.3+0.9-2.6+1.3-5.3-0.5+0.8+0.0+0.0+0.0
2025+9.0-6.8-6.3-3.6+5.9+8.0+7.4+10.4-1.6+0.5+2.5-1.7
2024-8.5-0.3+16.0+16.1-3.7+4.1-7.6-11.3+22.2+11.6+1.3+38.4
2023+7.1+22.8+29.1-11.7+3.3+18.1+37.1-11.7+1.5-4.8+2.0+1.8
2022+3.1-1.3-26.0-12.7-10.7+2.6+3.8-1.3+3.4-8.7+0.9+2.3
2021+22.4-13.4-3.6+3.2-0.4+3.5-3.2+6.4+4.2+11.3-6.9-9.4
2020-7.5-8.1-29.3+0.0+0.0+14.0-1.5+8.7+4.4-10.3+7.9+2.8
2019-4.2-5.4-8.2-3.1-18.2-3.6+37.3-8.7-8.8+19.8-2.7-2.6
2018+0.0-1.2+0.0-1.6+1.2-7.8+0.4-1.1-6.0+0.0+2.9-0.9
2017-0.2+2.8-2.1+1.7+2.2+3.0-4.0-1.0+2.1+14.8-4.4-3.8
2016-7.1-1.8+3.4+3.5+2.7-0.2+0.0+6.1-0.4+1.6-4.0+3.0
2015+5.2+14.6-5.5+3.9-0.9-5.5+1.8+1.0-3.6+1.9-1.4-1.4
2014+8.7-4.9-1.3+5.3-1.4+0.8+8.3-0.1+12.1+3.5-4.5+3.6
2013-2.6+2.5+13.3-2.7+4.4-5.2-4.0-1.6-1.5-2.0-1.4+1.4
2012+0.0+0.0+0.0+2.3-6.1+0.0-9.4+8.5+14.9-10.8-3.4+3.5
Average+2.3+0.3-2.1+0.1-1.7+2.2+4.1+0.2+2.9+2.0-0.8+2.6
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+1.6-1.2-2.8+1.3-0.6+1.3+0.0-0.5+1.5+1.0-1.4+1.6
% up50%36%29%57%43%60%47%40%60%57%43%57%
P/E
4.6
P/B
0.71
EPS
Rs 83.23
Div Yield
5.20%
Market Cap
Rs 215.0B
Beta
1.32
ROE
15.7%
Op Margin
50.2% (+2.7pp)

Fundamentals

LineFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Total income
Rs 174.9B
+79.2%
Rs 97.6B
-34.7%
Rs 149.5B
-7.1%
Rs 160.9B
+90.6%
Rs 84.4B
+17.1%
Rs 72.1B
-5.8%
Rs 76.5B
+1.9%
Rs 75.1B
+22.9%
Operating profit
Rs 97.5B
-6.2%
Rs 103.9B
+122.9%
Rs 46.6B
+230.8%
Rs 14.1B
-48.8%
Rs 27.5B
+60.3%
Rs 17.2B
-40.1%
Rs 28.7B
+9.5%
Rs 26.2B
+14.1%
Net profit
Rs 49.8B
+11.1%
Rs 44.8B
+90.0%
Rs 23.6B
+49.9%
Rs 15.7B
-21.6%
Rs 20.1B
+43.1%
Rs 14.0B
-6.6%
Rs 15.0B
-21.5%
Rs 19.1B
+14.4%
EPS
83.23
+9.3%
76.14
+87.2%
40.68
+42.1%
28.62
-20.9%
36.18
+41.4%
25.58
-12.8%
29.32
-18.1%
35.80
+0.9%

Compared with the same period a year earlier.

Per-share figures are as reported, not adjusted for splits.

Recent dividends

  • 2025 · finalRs 15.00
  • 2025Rs 5.00
  • 2024 · finalRs 15.00
  • 2023 · finalRs 4.00
  • 2024Rs 8.00
  • 2021 · finalRs 6.50
  • 2020 · finalRs 4.50
  • 2019 · finalRs 3.50
Peer comparison6 peers in Banks & Finance
Sector overview Open in screener
1Commercial Bank of Ceylon Plc
COMB.N0000
Rs 202.50
P/E
5.5
P/B
0.94
ROE
18.10%
Yield
5.17%
2Hatton National Bank PLC
HNB.N0000 · this company
Rs 384.00
P/E
4.6
P/B
0.71
ROE
15.72%
Yield
5.20%
3Sampath Bank PLC
SAMP.N0000
Rs 140.00
P/E
5.0
P/B
0.84
ROE
16.81%
Yield
7.36%
4Nations Trust Bank Plc
NTB.N0000
Rs 303.75
P/E
5.3
P/B
0.96
ROE
19.87%
Yield
3.44%
5DFCC Bank PLC
DFCC.N0000
Rs 123.50
P/E
4.8
P/B
0.51
ROE
8.64%
Yield
5.96%
6Seylan Bank PLC
SEYB.N0000
Rs 94.60
P/E
4.9
P/B
0.69
ROE
14.47%
Yield
4.23%
7National Development Bank PLC
NDB.N0000
Rs 109.50
P/E
3.9
P/B
0.55
ROE
12.90%
Yield
7.74%
Peer median · 6 companies
P/E 5.0P/B 0.77Yield 5.57%

About Hatton National Bank PLC

Hatton National Bank PLC (HNB) is a Sri Lanka-based domestic systemically important bank that provides a broad range of banking and financial services, including retail and corporate banking, development finance, mortgage and lease financing, investment banking, corporate finance, insurance services, stockbroking and other financial services. The Group delivers lending, deposit, payments and treasury solutions through a mix of branch, digital and specialist channels. The Bank’s core businesses include retail banking (consumer lending, housing finance, leasing, cards and deposit mobilisation), wholesale/corporate banking (corporate lending, working capital, trade finance, syndications and transaction banking), SME banking, microfinance (including micro leasing and agricultural equipment finance), and treasury operations (liquidity management, government securities and FX management). HNB emphasises digital capabilities, operational reforms and targeted programmes to support agricultural and regional enterprises. HNB’s group structure includes named subsidiaries that extend its product suite: HNB Investment Bank (corporate finance, stockbroking and primary dealer activities), HNB Assurance PLC (life and general insurance) and HNB Finance PLC (collateral-backed lending, financial inclusion and specialised products such as electric vehicle and small‑farmer financing). The Bank operates primarily in Sri Lanka and pursues regional and offshore exposure to diversify its portfolio.

Interest RatesGold & Pawning

AI analysis

bullish

The evidence points bullish: operating profit grew 35.2%, while the shares remain in the CSE's undervalued band. The catch is that June net profit rose only 0.8%.

Read the full report (Sep 29, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
More negative than usual for this company
its own lowits own high

Higher than 25% of its last 24 months · 17 of 26 in its sector

11 articles in 30 days: 3 positive, 2 negative, 6 neutral.

24 months positive negative 3-month net
Oct 24: 9 articles, net +0.61Nov 24: 23 articles, net +0.48Dec 24: 8 articles, net +0.69Jan 25: 26 articles, net +0.51Feb 25: 16 articles, net +0.55Mar 25: 16 articles, net +0.03Apr 25: 24 articles, net -0.03May 25: 19 articles, net +0.74Jun 25: 19 articles, net +0.36Jul 25: 17 articles, net +0.12Aug 25: 20 articles, net +0.49Sep 25: 13 articles, net +0.05Oct 25: 12 articles, net +0.94Nov 25: 15 articles, net +0.49Dec 25: 17 articles, net +0.64Jan 26: 9 articles, net -0.04Feb 26: 8 articles, net +0.59Mar 26: 22 articles, net -0.10Apr 26: 12 articles, net +0.18May 26: 12 articles, net +0.29Jun 26: 15 articles, net +0.14Jul 26: 11 articles, net -0.09Aug 26: 9 articles, net +0.94Sep 26: 11 articles, net +0.05Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Daily FT·Sep 28, 2026·Regulatory or legal
APB prepares members for APG Mutual Evaluation 2026

The Association of Professional Bankers ran a CPD event preparing Sri Lanka's banking sector for its APG mutual evaluation (on-site 26 Oct-6 Nov 2026) that will assess AML/CFT/PF technical compliance and effectiveness. Speakers urged a shift from documentation-led checks to outcome-focused, risk-based controls.

EconomyNext·Sep 22, 2026·Market commentaryPositive
Sri Lanka stocks beat early slump after sovereign rating upgrade

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.

Daily FT·Sep 22, 2026·Market commentaryNegative
CSE starts week in red, falls to six-month low

The Colombo bourse fell to a near six-month low as the ASPI dropped 0.37% to 20,979.18 and the S&P SL20 fell 0.33% to 5,909.45. Market turnover was over Rs.750m, foreign investors were net buyers of Rs.19.1m, and top ASPI decliners included BREW, MELS, CTHR, CINS and HNB.

EconomyNext·Sep 9, 2026·Market commentaryNegative
Stocks close down on Wednesday, capital goods lead turnover

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.

EconomyNext·Sep 7, 2026·Market commentaryPositive
Sri Lanka stocks close flat on Monday, banks lead turnover

Colombo Stock Exchange closed flat; ASPI rose 0.01% to 21,623.66 and S&P SL20 was up 0.23%. Market turnover was LKR 2.133bn, led by banks (LKR 473.3m) and insurance (LKR 412.3m). Top movers: ACL, SLTL, HNB, DIAL up; HAYC, JKH, CCS down.

EconomyNext·Sep 7, 2026·Market commentaryPositive
Sri Lanka stocks trend up on Monday

Sri Lanka's ASPI rose 0.17% to 21,657.17 in early trading while the S&P SL20 gained 0.54% to 6,091.65 on turnover of Rs 446 million. Several firms were placed or moved to the watchlist for non-submission of FY2026 annual reports (SHL, HELA, MEL, LGL, EXT, BFN, TESS, EMER); top gainers included DIAL, HNB, COMB, AEL, ACL and top losers HAYC, DOCK, BIL, CCS.

Daily FT·Sep 3, 2026·Market commentary
CSE ends marginally up on muted sentiment

Colombo bourse edged up as the ASPI rose 0.03% to 21,325.64 on turnover of over Rs.1.2bn; banks led activity while geopolitical tensions and higher global oil prices weighed on sentiment and foreigners were net sellers of Rs.7.2m.

Fuel & Energy Prices

Banks & Finance sector: what is happening

Last 14 days to Sep 30, 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.

The stories behind it

Auto-generated from 45 sector news articles over 14 days. Not investment advice.