easypaisa digital bank posted a profit after tax of PKR 17.04 billion for the year ended December 31, 2025, a sharp increase from PKR 3.41 billion a year earlier. The bank attributed much of the rise to the recognition of a net deferred tax benefit of PKR 10.79 billion stemming from previously unabsorbed tax depreciation and business losses, supported by a shift to sustained profitability.
Revenue climbed 18.53% year on year to PKR 46.1 billion, supported by a 7.12% increase in net markup income and a 37.76% jump in non-markup income as digital lending, payments and fee-based services gained momentum. Customer deposits surged to PKR 127.7 billion, up 67.60% from 2024, while the CASA ratio remained strong at 97.82%, helping preserve a low-cost funding profile.
Operational discipline also played a role as operating expenses rose moderately by 7.12% amid continued investments in technology and talent, while the cost-to-income ratio improved to 73.12% from 80.91% a year earlier. Advances stood at PKR 26.93 billion with a loan-to-deposit ratio of 19.9%, and non-performing loans improved to 4% with a coverage ratio of 144.6%.
The bank’s digital footprint expanded meaningfully, with a registered base exceeding 59 million and monthly active users reaching 20 million, a 24.22% increase from 16.1 million in 2024. These engagement gains underpinned higher transaction volumes in the payments business and contributed to diversified revenue streams.
Capital and balance sheet metrics remained robust, with shareholders’ equity at PKR 30.91 billion and a Capital Adequacy Ratio of 20.36%, comfortably above regulatory minimums. Earnings per share rose to PKR 28.47 in 2025 from PKR 5.77 the prior year, reflecting both improved operating results and the tax recognition.
Jahanzeb Khan, President and CEO of easypaisa digital bank, said, “2025 marked a defining milestone for easypaisa as we commenced operations as Pakistan’s first digital bank. We are expanding into new products and underserved segments while maintaining a sustainable growth model.” Chief Financial Officer Amin Sukhiani added that disciplined financial management, diversified revenue growth and continued investment in technology would support scalable profitability despite macroeconomic challenges.
The results underline easypaisa digital bank’s growing role in Pakistan’s financial ecosystem, as it leverages its digital scale to serve more users and extend financial services to underbanked segments while aligning with the State Bank of Pakistan’s agenda for greater financial inclusion.
