Seylan Bank PLC

SEYB.N0000Undervalued

Banks & Finance · Regional Banks

Seylan Bank PLC is a commercial bank that provides a range of banking and financial services in Sri Lanka, including deposit-taking, lending, payments, cash management, trade and treasury-related solutions.

SEYB shares are down 5.1% over the past year and last closed at Rs 94.60 on Sep 30, 2026.

Voting
Rs 94.60
-0.11%
Price history
-5.12%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+4.1+2.8-5.4-1.9+1.9-1.9-5.3+1.0-4.0+0.0+0.0+0.0
2025+6.7-12.0-0.7-3.7+6.0+6.2+22.3+7.4-3.2+13.1-3.5-4.8
2024-2.5+2.1+8.3+17.5-8.8+2.0-10.0-4.4+10.5+13.5+12.4+28.4
2023-2.3+10.0+10.7-13.8-10.0+29.6+31.7+5.2+4.9-11.2-1.5-2.0
2022+1.4-2.2-27.0+0.0-6.7+3.6+2.8-2.7+6.9-6.5+2.4+3.4
2021+23.3-13.1+2.5-1.8+0.8+2.5-5.8+2.4-1.5+1.3-5.9-1.3
2020-5.7-7.0-28.4+0.0+0.0+15.4-7.4+2.0+4.4-9.8+3.8+4.3
2019-3.5-6.0-8.5-7.2-14.7+4.6+44.8-7.7-26.3+9.8+0.6-1.5
2018+1.6-1.0-0.8-0.6-0.2-3.6-4.3-1.9-7.9+2.7+2.9+4.3
2017+3.8+0.0-8.3+5.9-4.4+4.9+1.6+1.1-6.1+2.7-3.5-2.6
2016-8.4-3.6+2.5+10.5-3.2-3.3+11.1-1.4-5.6+0.5-6.5+6.9
2015+0.0+4.1+1.1+6.0+12.3-11.8+3.8-3.8-2.8-0.5-5.3-1.1
2014+1.2-4.9+3.1+0.5-1.4+4.3+12.3+13.5+6.1+0.6+1.1+5.0
2013+7.0-2.3+11.5+7.2+0.6-6.8-5.2-5.2-1.4+13.8-1.5-1.4
2012+0.0+0.0+0.0-6.3-9.1+4.9-11.5+0.4+30.1-13.2-8.2+1.6
Average+1.9-2.4-2.8+0.9-2.6+3.4+5.4+0.4+0.3+1.2-0.9+2.8
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+1.3-2.3+0.2-0.3-2.3+3.6+1.6+0.4-1.5+0.9-1.5+0.2
% up57%29%50%43%36%67%53%53%40%64%43%50%
P/E
4.9
P/B
0.69
EPS
Rs 19.14
Div Yield
4.23%
Market Cap
Rs 50.8B
Beta
1.81
ROE
14.5%
Op Margin
48.6% (+0.1pp)

Fundamentals

LineFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Total income
Rs 48.5B
+10.0%
Rs 44.1B
-11.5%
Rs 49.8B
-3.0%
Rs 51.4B
+61.9%
Rs 31.7B
+23.4%
Rs 25.7B
+4.4%
Rs 24.6B
+6.2%
Rs 23.2B
+7.7%
Operating profit
Rs 26.2B
+21.1%
Rs 21.6B
+52.2%
Rs 14.2B
+48.4%
Rs 9.6B
+17.9%
Rs 8.1B
+39.4%
Rs 5.8B
-27.5%
Rs 8.0B
+18.1%
Rs 6.8B
-6.7%
Net profit
Rs 12.2B
+20.4%
Rs 10.2B
+58.6%
Rs 6.4B
+39.8%
Rs 4.6B
-3.3%
Rs 4.7B
+52.9%
Rs 3.1B
-18.4%
Rs 3.8B
+20.6%
Rs 3.2B
-37.0%
EPS
19.14
+20.3%
15.91
+54.9%
10.27
+29.7%
7.92
-9.1%
8.71
+48.1%
5.88
-35.5%
9.12
+6.4%
8.57
-37.4%

Compared with the same period a year earlier.

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

Recent dividends

  • 2025 · first and finalRs 4.00
  • 2024 · first and finalRs 3.50
  • 2024Rs 2.50
  • 2023 · first and finalRs 1.00
  • 2019 · first and finalRs 1.00
  • 2020Rs 2.00
  • 2019Rs 0.50
  • 2019Rs 0.50
Peer comparison6 peers in Banks & Finance
Rs 202.50
P/E
5.5
P/B
0.94
ROE
18.10%
Yield
5.17%
Rs 384.00
P/E
4.6
P/B
0.71
ROE
15.72%
Yield
5.20%
SAMP.N0000
Rs 140.00
P/E
5.0
P/B
0.84
ROE
16.81%
Yield
7.36%
Rs 303.75
P/E
5.3
P/B
0.96
ROE
19.87%
Yield
3.44%
DFCC.N0000
Rs 123.50
P/E
4.8
P/B
0.51
ROE
8.64%
Yield
5.96%
SEYB.N0000 · this company
Rs 94.60
P/E
4.9
P/B
0.69
ROE
14.47%
Yield
4.23%
P/E
3.9
P/B
0.55
ROE
12.90%
Yield
7.74%
Peer median · 6 companies
P/E 4.9P/B 0.78Yield 5.58%

About Seylan Bank PLC

Seylan Bank PLC is a commercial bank that provides a range of banking and financial services in Sri Lanka, including deposit-taking, lending, payments, cash management, trade and treasury-related solutions. The Bank serves retail, small and medium-sized enterprises (SMEs) and corporate clients through a combination of branch, self-service and digital channels. The Bank’s principal business activities are organised around retail, SME and corporate lending and transaction banking, supported by fee-generating services and digital platforms. The Retail Banking division offers products such as housing finance, pawning, cards, leasing, personal loans, loans against property and bancassurance, while SME and Corporate businesses deliver working capital, structured finance and relationship-led solutions. Transaction Banking focuses on payments, collections, cash management and trade services to deepen customer engagement and augment non-interest income. Seylan Bank emphasises digital transformation, CRM and analytics to enhance customer convenience and operational efficiency, and integrates sustainability and risk management into its lending and product strategies. The Bank operates through a network of branches, self-service infrastructure and electronic channels across Sri Lanka.

AI analysis

bullish

Seylan Bank's June-quarter profit grew 16.3% year-on-year, while the voting share trades at 0.72 times book. Strong earnings meet a weak six-month share-price trend.

Read the full report (Aug 26, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Not enough news to read

2 articles in 30 days: 1 positive, 0 negative, 1 neutral.

24 months positive negative 3-month net
Oct 24: 5 articles, net +0.94Nov 24: 10 articles, net +0.79Dec 24: 5 articles, net +0.92Jan 25: 8 articles, net +0.94Feb 25: 7 articles, net +0.91Mar 25: 1 articles, net +1.00Apr 25: 3 articles, net +1.00May 25: 8 articles, net +0.80Jun 25: 2 articles, net +1.00Jul 25: 9 articles, net +1.00Sep 25: 3 articles, net +1.00Oct 25: 7 articles, net +1.00Nov 25: 2 articles, net +1.00Jan 26: 4 articles, net +0.08Feb 26: 6 articles, net +0.92Mar 26: 1 articles, net +1.00Apr 26: 2 articles, net +1.00May 26: 3 articles, net +0.91Jul 26: 6 articles, net +0.93Aug 26: 7 articles, net +0.56Sep 26: 2 articles, net +0.50Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26
Recent news
View all news →
Daily FT·Sep 29, 2026·Award or certificationPositive
Seylan Bank Islamic Banking Unit secures three SLIBFI Awards

Seylan Bank PLC's Islamic Banking Unit won three SLIBFI Awards: Gold for Deal of the Year for financing a 10MW solar power project, Bronze for Deal of the Year for a broiler farm expansion financing, and an Individual Merit Award for Rising Personality of the Year (Male).

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.

Ada Derana·Sep 23, 2026·Promotional / marketingPositive
Plexus Global partners with TrendAI to deliver next-gen enterprise cybersecurity solutions

Plexus Global was appointed on 1 June as the distributor for TrendAI (Trend Micro) in Sri Lanka to offer TrendAI Vision One™ and other AI-powered cybersecurity solutions. The partnership seeks to deploy endpoint and threat-intelligence services across enterprises, targeting BFSI, government and telecom sectors.

IT & Digital
Daily FT·Sep 8, 2026·Award or certificationPositive
Seylan Bank triumphs at prestigious Euromoney Awards 2026 with dual recognition as Sri Lanka's Best Bank for Customer Experience and Best Bank for SMEs

Seylan Bank (SEYB.N0000) won two Euromoney Awards for Excellence 2026 as Sri Lanka's Best Bank for Customer Experience and Best Bank for SMEs. The bank said the recognitions reflect its digital platforms and SME-focused products and support, including retained customer-experience recognition from 2025.

IT & Digital
Daily FT·Sep 3, 2026·Market commentaryPositive
CSE net foreign outflow hits record in Aug., YTD tops Rs. 55.7 b

The CSE recorded a record net foreign outflow of Rs.19.46 billion in August, lifting YTD net foreign outflows to Rs.55.7 billion through August 2026. United Motors (UML.N0000), Melstacorp (MELS.N0000) and Seylan Bank (SEYB.N0000) saw net foreign buying while Cargills (CARG.N0000) faced Rs.4.07 billion of net foreign selling.

Rupee & Forex

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.

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