easypaisa digital bank reported a strong financial turnaround for the year ended December 31, 2025, registering a Profit after Tax of PKR 17.04 billion as the institution consolidated its position as Pakistan’s first digital retail bank. The result follows the Bank’s commercial launch and reflects significant momentum across deposits, payments activity and digital lending.

Revenue climbed to PKR 46.1 billion, up 18.53 percent year on year, supported by a 7.12 percent increase in net markup income and a 37.76 percent rise in non-markup income. The Bank attributed much of the earnings uplift to higher fee-based revenues from its payments ecosystem and continued growth in digital lending, while disciplined cost control helped lift overall profitability despite a lower SBP policy rate.

Earnings per share for 2025 rose to PKR 28.47 from PKR 5.77 a year earlier. A notable element behind the surge in reported profit was the recognition of net deferred tax assets of PKR 10.79 billion, arising from previously unabsorbed tax depreciation and business losses that became realizable with sustainable profitability.

Operating expenses increased moderately by 7.12 percent as the Bank continued investing in technology, talent and customer growth initiatives, while an actualization of accrued compensation partly offset costs. The cost-to-income ratio improved to 73.12 percent from 80.91 percent the previous year, demonstrating enhanced operational efficiency across the digital platform.

The Bank’s customer ecosystem expanded rapidly in 2025, with the registered base surpassing 59 million and monthly active users reaching 20 million, a 24.22 percent rise from 16.1 million. Customer deposits surged to PKR 127.7 billion, up 67.60 percent year on year, underpinned by strong retail confidence after easypaisa’s transition to a full digital retail bank. The CASA ratio remained robust at 97.82 percent.

On the asset side, advances stood at PKR 26.93 billion, with a conservative loan-to-deposit ratio of 19.9 percent. Asset quality improved with non-performing loans at 4 percent and a coverage ratio of 144.6 percent. The Bank’s equity was recorded at PKR 30.91 billion, while the Capital Adequacy Ratio remained healthy at 20.36 percent, above regulatory requirements.

Commenting on the results, Jahanzeb Khan, President and CEO, said the Bank is building on its leadership in payments to reach underserved segments and scale digital financial services across Pakistan. The Bank emphasized its commitment to driving financial inclusion and supporting a cashless economy through seamless and secure digital products. CFO Amin Sukhiani highlighted disciplined financial management and diversified revenue streams that underpinned the Bank’s operational momentum despite a challenging macroeconomic backdrop.

The 2025 performance underscores easypaisa digital bank’s growing role in Pakistan’s fintech landscape, combining strong deposit mobilization, expanding payment volumes and targeted investments in technology to support long-term sustainable growth and broader financial inclusion goals.