Banks & Finance · Finance/Rental/Leasing
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2026 | Rs 39.9B | Rs 14.0B | 25.22 |
| 2025 | Rs 30.4B | Rs 10.9B | 19.60 |
| 2024 | Rs 28.2B | Rs 9.7B | 17.53 |
| 2023 | Rs 22.5B | Rs 8.6B | 15.44 |
| 2022 | Rs 21.3B | Rs 8.5B | 15.40 |
| 2021 | Rs 18.4B | Rs 6.8B | 12.29 |
| 2020 | Rs 17.7B | Rs 5.2B | 37.62 |
LB Finance PLC is a Sri Lanka-based non-bank financial services group offering deposit-taking, savings and a broad range of credit products together with digital and value-added financial services. The company provides financing solutions across retail, SME and specialised segments, funds operations through diverse deposit and savings products, and delivers digital transaction and lifestyle services via its CIM platform. Its principal business verticals comprise lending, funding and value-added services. Key brands and initiatives named in the report include the LB Sanmitha MSME financing proposition and the LB CIM digital platform; the group has also acquired a controlling stake in Associated Motor Finance PLC and reports a subsidiary operation in Myanmar (LB Microfinance Myanmar Company Limited). LB Finance primarily operates in Sri Lanka and maintains a presence in Myanmar, with planned expansion into the Philippines noted in the report.
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Generate an analysis →Higher than 0% of its last 12 months · 14 of 19 in its sector
4 articles in 30 days: 1 positive, 1 negative, 2 neutral.
CBSL's Financial Intelligence Unit imposed Rs.14.6m in AML/CFT penalties on 12 reporting institutions; Citizens Development Business Finance Plc was fined Rs.3m, Cargills Bank Rs.2m, and L B Finance and Janashakthi Finance Rs.1m each for failures in reporting, sanctions screening and customer due diligence.
L B Finance PLC reported a 31% rise in PAT to Rs. 3.54 billion for Q1 ended 30 June 2026. Total income rose 47% to Rs. 18.76 billion, loans expanded to Rs. 341.96 billion, NPL ratio improved to 1.41% and capital ratios remained above regulatory minima.
Minority shareholders of Associated Motor Finance (AMF.N0000) say the proposed amalgamation with L B Finance (LFIN.N0000) undervalues AMF and have asked the SEC and CSE to review the Rs.55 per-share cash consideration; CBSL said pricing is outside its remit.
Associated Motor Finance (AMF) will amalgamate with parent L B Finance (LFIN) effective 31 July; AMF shares will be suspended after market close on 27 July and AMF minority shareholders will receive Rs.55 per share. LB Finance will absorb AMF's business and cancel the shares it holds.
Associated Motor Finance Company PLC will amalgamate with L B Finance PLC effective July 31, 2026, with AMF shares suspended after trading on July 27. L B Finance made a voluntary offer in Oct 2025 to buy 113,327,268 AMF shares at Rs.50 (100% of issued capital).
L B Finance (LFIN.N0000) secured $35m in long-term funding — $20m from Norfund and $15m from Swedfund — to support MSMEs, climate-smart agriculture, and electric/hybrid vehicle financing.
The CSE added ACL Cables, CIC Holdings and the voting shares of Commercial Bank to the S&P SL20 and removed LB Finance, with the changes effective 22 June.
Swedfund invests USD 15 million in L B Finance to expand lending to MSMEs across Sri Lanka and finance electric/hybrid vehicles; the funding will target rural and women-led businesses and support LB Finance's environmental and social risk management.
Fitch says Sri Lanka's central bank tighter capital rules for gold-backed loans (10% risk weight for LTV<70% from 1 Sep) will be manageable for banks but hit finance companies harder; Asia Asset Finance, L B Finance, UB Finance, HNB Finance and MBSL face the largest capital impacts.
Regulatory tightening dominated banks/finance as Cabinet named the SEC to regulate virtual asset service providers within a CBSL/FIU/IRD framework and approved a 2026-2030 national AML policy. The FIU flagged long-running trade-based money laundering via phantom imports, after probes found about $715m in fraudulent remittances. CBSL kept LTV caps on vehicle and gold loans. Services PMI signaled June expansion led by financial services.
Auto-generated from 17 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.