Hatton National Bank PLC

The price has declined roughly 12% over the past three months. It now sits below all three price averages. The short-term average has crossed below the medium-term average. The trend is under pressure, though not yet fully bearish on a long-term basis.

The fundamental story is a contrasting one. Revenue grew over 31% last year. Loan book expanded around 30%. Net profit grew over 11% annually. The Q1 2026 profit, however, slipped about 6% year-on-year, which is a flag to watch.

Book value per share stands at approximately 529 LKR consolidated. The stock trades well below book. The HNB CEO's published commentary frames the bank as a critical pillar of Sri Lanka's economic recovery — and the data backs that story on fundamentals. The rupee's depreciation and rising energy costs add macro pressure going forward.

The rupee depreciation trend is worth tracking closely. Further weakness adds pressure on HNB's cost structure and could weigh on credit quality in the months ahead.

The primary risk is a continued decline in quarterly profit growth.

Entry zones, invalidation levels, three scenarios, and how the future looks for Hatton National Bank live inside Zignol's Stock Lab.