Pan Asia Banking Corporation PLC plans to raise up to Rs. 4 billion via a five-year Basel III-compliant Tier 2 debenture issue (up to 40 million Rs.100 debentures). The bank also plans a separate senior debenture opening 1 Oct. to raise up to Rs. 5 billion, together up to Rs. 9 billion.
Banks & Finance · Regional Banks
Pan Asia Banking Corporation PLC is a commercial bank engaged in banking and related financial services, offering deposit taking, lending, transaction and payment services to retail, SME and corporate customers.
PABC shares are down 21.8% over the past year and last closed at Rs 49.50 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.2 | -4.6 | -12.5 | +6.3 | +2.4 | -0.4 | -4.9 | +5.6 | -10.0 | +0.0 | +0.0 | +0.0 |
| 2025 | +9.9 | -6.2 | -2.5 | -2.5 | +16.4 | +13.1 | +18.2 | +7.0 | +10.7 | +1.4 | -5.2 | -2.8 |
| 2024 | -5.3 | +3.9 | +12.8 | +10.0 | -4.3 | +0.9 | -11.2 | -5.5 | +19.7 | +11.1 | +7.2 | +32.1 |
| 2023 | +9.5 | +16.3 | +3.3 | -12.8 | -0.9 | +20.4 | +26.9 | +28.5 | -4.7 | -7.4 | +0.5 | +1.1 |
| 2022 | +7.1 | -5.4 | -33.5 | +12.4 | -16.9 | -11.2 | +2.3 | +0.0 | +27.0 | -15.0 | +1.0 | -2.1 |
| 2021 | +58.5 | -17.0 | -16.4 | +8.4 | +5.8 | -0.6 | -3.7 | -1.3 | -0.6 | +13.6 | -9.1 | -1.9 |
| 2020 | -2.4 | +1.6 | -34.7 | +0.0 | +0.0 | +9.2 | -4.2 | +13.2 | +7.8 | -13.7 | +4.2 | +4.0 |
| 2019 | -3.4 | +0.0 | -9.8 | +0.8 | -7.7 | +0.0 | +15.0 | +1.4 | -11.4 | +1.6 | +4.8 | -5.3 |
| 2018 | -1.9 | +11.0 | -3.5 | -1.2 | -8.0 | -0.7 | -2.7 | +3.4 | -7.3 | -2.9 | +2.2 | +7.2 |
| 2017 | -4.5 | -12.6 | -9.0 | +23.7 | +3.2 | -1.0 | -6.8 | -7.3 | -4.8 | +4.4 | -3.0 | -1.9 |
| 2016 | -7.4 | -6.8 | -1.3 | +8.7 | +3.6 | -4.6 | +2.8 | -1.6 | -0.4 | -3.6 | -9.6 | -7.8 |
| 2015 | -5.8 | +1.6 | -13.3 | +11.6 | +12.5 | -8.9 | +7.7 | +3.8 | -5.8 | +10.4 | -6.6 | +1.1 |
| 2014 | +14.2 | -8.5 | +0.0 | +10.5 | -4.5 | -1.2 | +20.7 | +0.5 | +7.3 | +5.0 | +4.3 | +7.5 |
| 2013 | +0.0 | -7.9 | +8.6 | +10.5 | +0.0 | -8.1 | -8.3 | -5.6 | -2.4 | +2.5 | -3.0 | -4.3 |
| 2012 | +0.0 | +0.0 | +0.0 | -10.2 | -21.3 | +4.2 | -5.8 | +16.6 | +10.0 | -9.1 | -5.3 | +5.6 |
| Average | +5.0 | -2.5 | -8.0 | +5.4 | -1.4 | +0.7 | +3.1 | +3.9 | +2.3 | -0.1 | -1.3 | +2.3 |
| 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 | -1.0 | -5.0 | -6.2 | +8.5 | -0.5 | -0.6 | -2.7 | +1.4 | -0.6 | +1.5 | -1.2 | -0.4 |
| % up | 43% | 36% | 21% | 71% | 43% | 33% | 47% | 60% | 40% | 57% | 50% | 50% |
Fundamentals
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Total income | Rs 16.0B +15.8% | Rs 13.8B +10.2% | Rs 12.5B +45.7% | Rs 8.6B -27.7% | Rs 11.9B +27.2% | Rs 9.4B +3.3% | Rs 9.1B +1.6% | Rs 8.9B +33.7% |
| Operating profit | Rs 7.6B -3.2% | Rs 7.9B +137.5% | Rs 3.3B +205.3% | Rs 1.1B -77.8% | Rs 4.9B +39.2% | Rs 3.5B +3.7% | Rs 3.4B +30.8% | Rs 2.6B +6.1% |
| Net profit | Rs 4.0B -3.1% | Rs 4.1B +122.9% | Rs 1.9B -7.3% | Rs 2.0B -34.9% | Rs 3.1B +50.2% | Rs 2.0B +17.0% | Rs 1.8B +13.6% | Rs 1.5B +10.9% |
| EPS | 9.05 -3.1% | 9.34 +122.9% | 4.19 -7.3% | 4.52 -35.0% | 6.95 +50.1% | 4.63 +16.9% | 3.96 +13.8% | 3.48 +5.1% |
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.
Recent dividends
- 2025 · first and finalRs 1.00
- 2024 · first and finalRs 1.00
- 2023 · first and finalRs 0.25
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | PABC.N0000 · this company | 49.50 | Rs 21.9B | 5.5 | 0.69 | 9.05 | 13.18% | 2.02% |
| 2 | ABL.N0000 | 26.00 | Rs 14.3B | 5.8 | 0.55 | 4.50 | 9.89% | 9.43% |
| 3 | UBC.N0000 | 11.60 | Rs 12.6B | 19.3 | 0.61 | 0.60 | 3.17% | 0.00% |
| 4 | CBNK.N0000 | 7.20 | Rs 8.9B | 15.0 | 0.61 | 0.48 | 4.47% | 0.00% |
| 5 | SDB.N0000 | 47.20 | Rs 7.7B | 19.1 | 0.52 | 2.47 | 2.74% | 0.00% |
| 6 | HDFC.N0000 | 64.90 | Rs 4.2B | - | 0.55 | -1.44 | -1.23% | 0.00% |
| Peer median · 5 companies | - | - | 17.1 | 0.55 | - | - | 0.00% |
About Pan Asia Banking Corporation PLC
Pan Asia Banking Corporation PLC is a commercial bank engaged in banking and related financial services, offering deposit taking, lending, transaction and payment services to retail, SME and corporate customers. Its product suite includes deposit mobilisation, retail lending (including housing and personal loans), pawning and gold loans, trade finance, cash management and digital banking platforms that support payments, cards and remittance services. The bank emphasises digital enablement, process automation and data-driven customer engagement to scale operations and improve service delivery. Sustainability and ESG considerations are integrated into lending and product structuring, alongside disciplined risk, liquidity and capital management.
AI analysis
bullishEvidence points to a stronger bank at an undervalued price: June net profit rose 27.9% and its net margin was its best June result. The catch is operating profit fell 9.1%.
Read the full report (Sep 30, 2026) →News sentiment
Describes news flow, not a forecastHigher than 23% of its last 13 months · 15 of 26 in its sector
4 articles in 30 days: 1 positive, 0 negative, 3 neutral.
Pan Asia Banking Corporation PLC plans to raise up to Rs5 billion via listed, rated senior unsecured debentures (initial 20m at Rs100 each, with further 20m and 10m on oversubscription). Type A: 3-year at 12.75% p.a.; Type B: 5-year at 13.50% p.a.; subscription opens 01-Oct-2026.
Colombo Stock Exchange opened higher: ASPI up 0.18% (37.48 pts) at 21,104.37 and S&P SL20 up 0.46% at 5,970.10, with turnover Rs 43.59m. Singer Finance set rights-issue and EGM/XR dates; Pan Asia Banking plans to raise up to Rs 5bn via listed debentures opening Oct 1, 2026.
The CSE approved in principle Pan Asia Banking Corporation's Rs.5 billion debenture issue, with subscriptions opening 1 Oct 2026 and an initial tranche of up to 20m debentures (Rs.2bn) and options to raise the full Rs.5bn. Investors can choose 3-year (12.75%) or 5-year (13.50%) fixed-rate options; Commercial Bank is the issue manager.
Pan Asia Banking Corporation PLC (PABC.N0000) has launched Pan Asia EZY, a next-generation mobile banking platform that integrates everyday banking, payments and selected financial services. Features include account management, interbank transfers via JustPay, pawning and fixed-deposit servicing, GovPay payments, eKYC onboarding and Central Bank-compliant security.
Colombo Stock Exchange closed down as the ASPI fell 0.58% to 21,139.31, with market turnover at 1.63 billion rupees. Food, Beverage & Tobacco led turnover at 782.3 million rupees; notable movers included Namunukula, Pan Asia Bank and Ceylon Cold Stores (up) and John Keells, Melstacorp, RIL Property and Cargills (down); Hunas Holdings entered a partnership with Tokyo-based CCH Inc for its real estate and hospitality businesses effective Sept 14.
CIO Confluence 2026 will be held on 9 September at Cinnamon Life, bringing together senior technology and business leaders from Sri Lanka's banking sector to discuss 'Beyond Digital: The Intelligent Banking Era' and the move to intelligent, data-driven banking transformation.
HNB Life PLC (HASU.N0000) signed a Memorandum of Understanding with Pan Asia Banking Corporation PLC (PABC.N0000) to expand distribution of HNB Life's insurance solutions through Pan Asia Bank's network, strengthening their bancassurance partnership and customer access across Sri Lanka.
Colombo Stock Exchange rose: ASPI +0.33% to 21,395.11 and S&P SL20 +0.40% to 6,007.23, with turnover Rs 2.45 bn. Top gainers included Haycarb, Royal Ceramics, Dipped Products, Access Engineering and Dialog Axiata; HNB, Pan Asia, DFCC and SANASA Development Bank were laggards. Maharaja Foods issued an addendum setting an EGM on Sep 25, 2026 for its proposed scrip dividend.
The Colombo market fell for a fourth straight session as the ASPI closed down 0.05% (10.95 pts) at 21,405.62 with turnover over Rs.1.5bn and foreign net outflows of Rs.24.8m. SAMP, BREW, BUKI, JKH and CDB weighed on the index while MELS, SPEN, DIAL, CFIN and HARI were among gainers; banking led turnover.
Banks & Finance sector: what is happening
Last 14 days to Sep 30, 2026With 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.