March 11, 2026 (MLN): Easypaisa Digital Bank reported a sharp rise in profitability for the year ended December 31, 2025, with Profit after Tax (PAT) increasing to Rs17.04 billion, compared to Rs3.41bn in 2024, according to its audited financial statements approved by the Board of Directors.

The bank’s Earnings per Share (EPS) rose significantly to Rs28.47 in 2025 from Rs5.77 a year earlier.

The substantial increase in profit was largely supported by the recognition of net deferred tax of Rs10.79bn related to previously unabsorbed tax depreciation and business losses.

The bank’s total revenue increased by 18.53% year-on-year to Rs46.1bn, supported by growth in both markup and non-markup income streams.

Net markup income rose by 7.12%, while non-markup income surged 37.76%, showing higher transaction volumes in payment services and expansion in digital lending activities.

Operating expenses recorded a 7.12% increase, mainly due to continued investment in technology infrastructure, talent acquisition, and customer growth initiatives.

Despite the increase in expenses, operational efficiency improved, with the cost-to-income ratio declining to 73.12% from 80.91% in the previous year.

On the balance sheet side, customer deposits grew by 67.60% to Rs127.7bn, showing strong growth in the bank’s deposit base.

The Current and Savings Account (CASA) ratio remained high at 97.82%, indicating a strong low-cost funding structure.

The bank’s advances stood at Rs26.93bn, translating into a loan-to-deposit ratio of 19.9%. Asset quality indicators also showed improvement, with non-performing loans (NPLs) declining to 4%, while the coverage ratio stood at 144.6%.

Meanwhile, the bank’s equity reached Rs30.91bn, and its Capital Adequacy Ratio (CAR) remained strong at 20.36%, well above the regulatory requirement.

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