Banks & Finance · Finance/Rental/Leasing
Merchant Bank of Sri Lanka & Finance PLC is a Central Bank-licensed finance company listed on the Colombo Stock Exchange that provides a range of financial services across Sri Lanka.
MBSL shares are up 15.1% over the past year and last closed at Rs 9.90 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.8 | +7.1 | -19.3 | +17.4 | +3.1 | -1.5 | -23.1 | +5.0 | -5.7 | +0.0 | +0.0 | +0.0 |
| 2025 | +15.0 | -11.6 | -3.3 | +6.8 | +15.9 | +5.5 | -2.6 | +17.3 | +0.0 | +75.0 | -24.0 | +8.5 |
| 2024 | +0.0 | -4.5 | +23.8 | +7.7 | +5.4 | -8.5 | -3.7 | -7.7 | +12.5 | +9.3 | -6.8 | +9.1 |
| 2023 | +2.9 | -2.9 | +2.9 | +2.9 | -11.1 | +0.0 | +68.8 | -5.6 | -2.0 | -4.0 | +0.0 | -8.3 |
| 2022 | +28.8 | +2.6 | -37.2 | -18.4 | -10.0 | -11.1 | -3.1 | +25.8 | +17.9 | -17.4 | -7.9 | -2.9 |
| 2021 | +12.0 | -10.7 | -6.7 | -2.9 | +29.4 | -23.9 | +1.5 | +9.2 | +1.6 | -4.6 | -4.8 | +0.0 |
| 2020 | -11.2 | -8.0 | -31.3 | +0.0 | +0.0 | +14.3 | -3.8 | -5.2 | +9.6 | -6.3 | -2.7 | +2.7 |
| 2019 | +7.3 | -6.8 | +7.3 | -12.6 | -1.1 | -3.4 | +16.3 | -2.0 | -8.2 | +7.8 | +0.0 | +1.0 |
| 2018 | +0.0 | -5.8 | -1.5 | -0.8 | -14.1 | -9.1 | -3.0 | -8.2 | -10.1 | +10.0 | -9.1 | +20.0 |
| 2017 | -4.4 | -3.8 | -15.2 | +22.6 | +11.5 | +2.8 | +0.0 | -4.0 | +6.3 | -0.7 | -6.6 | -1.4 |
| 2016 | -11.2 | -12.6 | -12.7 | +31.1 | -3.7 | -7.7 | +1.7 | +11.5 | +14.0 | -3.2 | -10.0 | +0.7 |
| 2015 | +8.6 | -6.8 | -11.9 | +7.1 | -1.8 | -2.4 | +8.7 | +3.4 | -8.3 | -1.8 | -1.9 | -4.4 |
| 2014 | +15.4 | -12.1 | -2.2 | +14.8 | +6.5 | -4.2 | +1.3 | +3.8 | +7.2 | +3.4 | -9.2 | +4.8 |
| 2013 | +1.0 | -15.9 | -4.7 | +13.7 | -1.6 | -5.6 | -6.5 | -14.5 | +14.0 | -0.6 | -11.7 | +0.0 |
| 2012 | +0.0 | +0.0 | +0.0 | -10.2 | -27.8 | +10.5 | +13.8 | -3.3 | +8.2 | -10.4 | -12.5 | +1.5 |
| Average | +4.5 | -6.6 | -8.0 | +5.7 | +0.0 | -3.0 | +4.4 | +1.7 | +3.8 | +4.0 | -7.7 | +2.2 |
| 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 | -6.8 | -5.7 | +6.9 | -1.4 | -3.4 | +0.0 | -2.0 | +6.3 | -1.2 | -7.3 | +0.9 |
| % up | 57% | 14% | 21% | 64% | 43% | 27% | 47% | 47% | 60% | 36% | 0% | 57% |
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Total income | Rs 3.5B -9.6% | Rs 3.9B +32.4% | Rs 3.0B +30.0% | Rs 2.3B -34.7% | Rs 3.5B +89.8% | Rs 1.8B -30.6% | Rs 2.6B -7.6% | Rs 2.9B -2.9% |
| Operating profit | Rs 598.8M -30.0% | Rs 855.4M +267.2% | Rs 233.0M | Rs -386.4M | Rs 1.0B | Rs -947.8M | Rs 24.1M -95.3% | Rs 506.0M +21.1% |
| Net profit | Rs 20.6M -92.3% | Rs 265.6M turned profitable | Rs -85.9M loss narrowed | Rs -309.5M fell into loss | Rs 477.3M turned profitable | Rs -909.1M loss widened | Rs -468.6M fell into loss | Rs 471.7M +356.4% |
| EPS | 0.28 -44.0% | 0.50 | -0.16 | -0.62 | 2.03 | -4.71 | -2.09 | 2.50 +273.1% |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | AAF.N0000 | 46.00 | Rs 10.2B | 5.0 | 1.53 | 9.16 | 24.73% | 1.10% |
| 2 | SDF.N0000 | 37.90 | Rs 5.7B | 6.9 | 1.23 | 5.48 | 19.32% | 5.28% |
| 3 | MBSL.N0000 · this company | 9.90 | Rs 5.2B | - | 1.25 | -0.19 | 3.48% | 0.00% |
| 4 | LCBF.N0000 | 5.80 | Rs 4.6B | 16.1 | 1.33 | 0.36 | 8.34% | 2.54% |
| 5 | PMB.N0000 | 9.00 | Rs 3.6B | 9.9 | 1.05 | 0.91 | 10.81% | 0.00% |
| 6 | CRL.N0000 | 3.60 | Rs 3.5B | 60.6 | 1.16 | 0.06 | 4.88% | 0.00% |
| Peer median · 5 companies | - | - | 9.9 | 1.23 | - | - | 1.10% |
Merchant Bank of Sri Lanka & Finance PLC is a Central Bank-licensed finance company listed on the Colombo Stock Exchange that provides a range of financial services across Sri Lanka. The Company offers corporate finance, capital market operations, leasing, trade finance and other merchant banking functions, together with retail and business lending products. MBSL operates through a network of 47 branches islandwide and provides specialised leasing for vehicles and equipment, a suite of loan products (including personal, term, short-term, auto and speed-draft facilities) and eco-friendly financing for solar PV systems and electric vehicles. The Company positions these products to serve both individual and business customers and to support vehicle and asset financing needs. The Group is a subsidiary of Bank of Ceylon and retains an insurance subsidiary (the proposed sale of which did not materialise during the reporting period). MBSL emphasises governance, risk management and sustainability in its operations and has implemented a core banking system to centralise operations and enhance customer experience.
Evidence points bearish because the June quarter posted a LKR 202 million loss and liabilities were 11.3 times equity. The August preference rights issue raised LKR 806 million to strengthen capital.
Read the full report (Sep 30, 2026) →1 article in 30 days: 0 positive, 0 negative, 1 neutral.
Merchant Bank of Sri Lanka & Finance PLC (MBSL) plans to raise up to Rs.1 billion via five-year unsecured subordinated debentures: an initial 5 million units at Rs.100 each (Rs.500m) with an option to issue a further 5 million if oversubscribed. The Central Bank has approved the issue; interest rate, dates and use of proceeds were not disclosed.
Secondary government bond yields fell across key tenors while buying interest remained strong; a Treasury Bill auction today will offer Rs.80 billion (Rs.35bn 91-day, Rs.25bn 182-day, Rs.20bn 364-day). Money-market liquidity stayed in a Rs.138.76bn surplus and the Central Bank conducted repos to absorb liquidity.
A seminar on changes to Sri Lanka's AML/CFT regime will be held on 20 Aug to examine three amendments passed on 9 July 2026 strengthening anti-money laundering and counter-terrorist financing laws. The event targets compliance officers of banks and financial institutions and will cover practical and regulatory implications.
Merchant Bank of Sri Lanka & Finance PLC (MBSL) completed a Rights Issue in August 2026, raising Rs. 806 million to strengthen its capital base. The additional capital will enhance MBSL's capacity to support core business expansion while maintaining prudent capital management.
Merchant Bank of Sri Lanka & Finance PLC (MBSL) appointed Mangala Niyarepola as an Independent Non-Executive Director and Sampath Perera as a Non-Independent Non-Executive Director. Niyarepola is an attorney with corporate law and litigation experience; Perera is a senior banking professional from Bank of Ceylon.
Colombo Stock Exchange closed flat as the ASPI slipped 0.07% to 21,402.80 with turnover at LKR 1.52bn; diversified financials led turnover (LKR 175m) followed by banks (LKR 170.2m). Merchant Bank of Sri Lanka & Finance clarified its rights issue subscription level and its shares rose 4.76% to LKR 11.00.
Rights issue of preference shares · 4:21 at Rs 10.00 · XD Jul 7, 2026
Rights issue (4:21) at LKR 10/share; XD 2026-07-07; record 2026-07-08
CSE indices were trading higher midday: ASPI +0.34% to 21,342.09 and S&P SL20 +0.44% to 5,997.89, with turnover LKR 384.3m led by diversified financials (LKR 143.3m). BPPL declared a LKR 0.25 first interim dividend (ex-dividend Aug 18); MBSL reported subscriptions of 80,410,925 preference shares (LKR 804.1m) of 99,912,312 offered.
Rights issue of preference shares · 4:21 at Rs 10.00 · XD Jul 7, 2026
Rights issue (4:21) at LKR 10/share; XD 2026-07-07; record 2026-07-08
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.