Srilanka, May 14 -- Hatton National Bank (HNB) saw its earnings climb in the first quarter of 2025, with group profit after tax rising 49 percent year-on-year to Rs 11.1 billion. The bank's standalone profit grew even faster, up 64 percent to Rs. 10.2 billion, supported by lower interest expenses and improved margins.

Net interest income rose 7.7 percent to Rs 23.7 billion, even though overall interest income fell 14.4 percent as market rates eased.

The decline in interest expenses, which dropped 27.1 percent, helped offset the impact, thanks to continued growth in low-cost current and savings account (CASA) deposits. The bank's loan portfolio grew by Rs. 159 billion compared to a year ago.

Net fee and commission income experienced a...