easypaisa Digital Bank Reports PKR 17.04 Billion Profit in 2025

The Board of Directors of easypaisa digital bank has approved the audited financial statements for the year ended December 31, 2025, highlighting a strong performance as the country’s first digital retail bank and reinforcing its leadership position in Pakistan’s digital financial sector.

The bank posted a Profit After Tax (PAT) of PKR 17.04 billion, up significantly from PKR 3.41 billion in the previous year. Earnings Per Share (EPS) rose to PKR 28.47, compared to PKR 5.77 in 2024. The surge in PAT and EPS was largely driven by the recognition of net deferred tax of PKR 10.79 billion, arising from previously unabsorbed tax depreciation and business losses, supported by sustainable profitability.

The strong performance was underpinned by significant deposit growth, increased fee-based revenues from payment services, and effective cost management, despite a lower State Bank of Pakistan policy rate.

Financial Highlights

• Revenue grew 18.53% YoY to PKR 46.1 billion, driven by a 7.12% increase in net markup income and a 37.76% rise in non-markup income, reflecting momentum in digital lending, growth in low-cost deposits, and higher payment transaction volumes.

• Operating expenses increased moderately by 7.12%, reflecting continued investments in technology, talent acquisition, and customer growth initiatives, partly offset by an actualization of accrued compensation costs.

• The cost-to-income ratio improved to 73.12%, compared with 80.91% last year, indicating enhanced operational efficiency.

Digital Banking Growth

The bank’s digital ecosystem continues to expand, with a registered user base surpassing 59 million and monthly active users (MAUs) reaching 20 million, a 24.22% increase from 16.1 million last year.

Customer deposits climbed to PKR 127.7 billion, up 67.60% from 2024, driven by growing customer confidence following easypaisa’s transition to a digital retail bank. The CASA ratio remained strong at 97.82%.

Loan Portfolio and Capital

• Advances stood at PKR 26.93 billion, with a loan-to-deposit ratio of 19.9%.

• Non-performing loans (NPLs) improved to 4%, supported by a healthy coverage ratio of 144.6%.

• Equity was recorded at PKR 30.91 billion, and the Capital Adequacy Ratio (CAR) remained robust at 20.36%, well above regulatory requirements.

Jahanzeb Khan, President & CEO of easypaisa digital bank, said:

2025 marked a defining milestone for easypaisa as we commenced operations as Pakistan’s first digital bank. Building on our leadership in digital payments, we are expanding into new products and underserved segments while maintaining a sustainable growth model. Serving more than 59 million registered users, we remain focused on empowering customers and businesses through seamless, secure, and innovative digital financial solutions, supporting Pakistan’s transition towards a cashless economy.

Amin Sukhiani, Chief Financial Officer, stated:

Despite a challenging macroeconomic environment, easypaisa delivered strong operational momentum through disciplined financial management and diversified revenue growth. Our expanding product portfolio and growing customer engagement continue to strengthen long-term sustainability. We remain focused on balancing growth with prudent risk management, while investing in technology and innovation to ensure scalable profitability.

With over 59 million registered users and as the country’s first digital bank to commence commercial operations, easypaisa continues to align with the State Bank of Pakistan’s vision to drive inclusive economic growth. The bank is committed to expanding financial products and services to both existing users and the millions who remain unbanked or underbanked in Pakistan.