easyPaisa Bank announces its best Q1 2026 results, with a PBT of PKR 3.66 billion

easypaisa digital bank achieved a historic performance in Q1 2026, reporting a profit after tax of PKR 1.49 billion and earnings per share of Rs. 2.47. Profit before tax surged 4.4 times to PKR 3.66 billion compared to PKR 0.84 billion in Q1 2025.

The positive macroeconomic environment, bolstered by an IMF agreement and current account surpluses, fostered growth, with overall revenue rising 24% year-on-year. Net markup income increased by 22%, driven by lending portfolio growth, while fee-based income climbed 27.1%.

Operating expenses also grew by 22% due to investment in customer acquisition. CEO Jahanzeb Khan emphasized the bank’s commitment to expanding financial services and innovation. Total assets reached PKR 217.6 billion, with customer deposits growing 52% to PKR 153.4 billion. The advances-to-deposit ratio stood at 17.80%, and asset quality remained strong with non-performing loans at 3.03%.

CFO Amin Sukhiani highlighted the bank’s focus on sustainable growth and financial inclusion, now serving over 22 million monthly active users, including 3 million new digital users year-on-year.

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