ISLAMABAD: The Board of Directors of easypaisa digital bank has approved the financial statements for the half-year ended June 30, 2026, with the bank reporting a strong financial performance and significant growth in profitability.
The bank posted a Profit Before Tax (PBT) of PKR 8.26 billion and Profit After Tax (PAT) of PKR 5.78 billion, representing a 2.27-fold increase in PBT compared with the corresponding period last year. Earnings per share (EPS) stood at PKR 9.61.
The improved performance was supported by sustained growth across the bank’s core business segments, an expanding customer base, higher transaction volumes and continued investment in technology, talent and digital innovation.
Total revenue increased by 30.50 percent year-on-year, reflecting strong momentum in both lending and fee-based income. Net markup income grew by 32.46 percent, supported by expansion in the lending portfolio and treasury investments, alongside strong growth in customer deposits.
Fee-based income also increased by 28.34 percent, driven by higher contributions from payment services, collections, disbursements and insurance products.
Operating expenses rose to PKR 21.08 billion as the bank continued investing in strategic growth initiatives, including customer acquisition, merchant ecosystem expansion and infrastructure required to support growing digital lending volumes.
As of June 30, 2026, easypaisa’s total assets stood at PKR 232.58 billion. Customer deposits increased by 67.37 percent year-on-year to PKR 158.58 billion, while the bank maintained a strong deposit mix, with a CASA ratio of 97.46 percent and a current account ratio of 79.95 percent.
Gross advances reached PKR 31.11 billion, resulting in an advances-to-deposit ratio of 18.63 percent. Asset quality remained healthy, with non-performing loans exceeding 90 days past due standing at 3.16 percent, while the coverage ratio reached 159.63 percent.
The bank also maintained a strong capital position, reporting a Capital Adequacy Ratio (CAR) of 23.75 percent, comfortably above the regulatory requirement.
Reflecting its improved financial profile, sound asset quality and strong capitalisation, PACRA upgraded easypaisa digital bank’s long-term entity rating to “AA-” while reaffirming its short-term rating at “A1” on July 1, 2026.
Jahanzeb Khan, President and CEO of easypaisa digital bank, said the strong first-half profitability demonstrated the resilience of the bank’s business model and the trust of millions of customers.
He said the bank remained focused on delivering innovative, customer-centric financial solutions and supporting Pakistan’s transition towards a more inclusive and digitally enabled financial ecosystem.
Chief Financial Officer Amin Sukhiani said the performance reflected the bank’s continued focus on customer service, digital innovation and expansion of its merchant ecosystem.
He added that easypaisa was expanding its product portfolio through Islamic banking and foreign exchange services, as well as consumer-focused offerings such as Buy Now, Pay Later (BNPL) and credit cards.
With more than 60 million registered users and having become Pakistan’s first digital bank to commence commercial operations, easypaisa said it would continue expanding its services across payments, lending, remittances, insurance and digital lifestyle solutions.
The bank said these initiatives remained aligned with the State Bank of Pakistan’s vision of promoting financial inclusion and inclusive economic growth, while expanding access to formal financial services across the country.
