Pan Asia Bank Achieves Rs.1.02B PAT, EPS Doubles in Q1 2025

Pan Asia Banking Corporation PLC achieved an exceptional financial performance for the first quarter of 2025, despite a variety of hurdles arising from the slowly improving but challenging macroeconomic climate. In financial terms, the bank experienced another quarter of growth and profitability, with a 180% increase in Profit After Tax (PAT).

This expansion is a result of strong portfolio management, smart cost management, and a dedication to delivering sustainable profitability and increase operational capabilities. As a result, the bank concluded the first quarter of 2025 with a PAT of Rs. 1.02 billion and reported earnings per share (EPS) that more than doubled to Rs. 2.30. The Bank's strong performance was complimented by its ability to navigate external obstacles effectively. The Bank's consistent commitment to asset quality was demonstrated by maintaining one of the industry's lowest Stage 3 Loan Ratios of 2.79% as of March 31, 2025, a testament to our stringent credit risk management and underwriting guidelines. Despite regulatory restrictions on recoveries, the Bank proactively developed recovery procedures to mitigate the impact. Meanwhile, the Bank's Stage 3 Provision Cover increased to 61.50% as of March 31, 2025, up from 60.10% at the end of the previous year, owing to prudential impairment provisioning for borrowers/sectors experiencing financial difficulty.

The bank recorded a Net Interest Margin (NIM) of 4.62% for the first quarter of 2025. Meanwhile, the Bank reported a Return on Equity (ROE) of 15.23% and a Pre-Tax Return on Assets (ROA) of 2.22% for the period in question. This highlights the Bank's capacity to create larger returns for its shareholders through strong profits growth and improved operational efficiencies. It also emphasizes the Bank's efficient asset use and careful risk management measures, which helped to boost bottom-line performance.