Easypaisa reports 45% jump in profit for nine months

ISLAMABAD: Easypaisa digital bank has announced a robust financial performance for the nine months ending September 30, 2025, reporting a profit before tax of Rs5.65 billion. This marks a 45.6 percent increase compared to Rs3.88 billion recorded during the same period last year.

The growth was largely driven by a surge in customer deposits and stronger fee-based income from payment services. Net markup income rose by 8.46 percent, reflecting expansion in digital lending and low-cost deposits, while non-markup income saw an impressive 44.62 percent jump. The increase in non-markup revenue was supported by higher transaction volumes, online payments, commissions from collections and disbursements, and insurance product sales.

Despite modestly higher operating expenses, up 5.92 percent due to investments in technology, talent, and customer acquisition, the bank managed to improve its cost-to-income ratio from 80.31 percent last year to 69.91 percent.

Customer confidence remains strong following the bank’s transition to a fully digital retail model. Deposits climbed 61.88 percent to Rs109.6 billion, while total advances reached Rs26.14 billion, maintaining a healthy loan-to-deposit ratio of 21.54 percent. The bank’s equity stood at RS18.35 billion, and the Capital Adequacy Ratio remained solid at 23.16 percent.

Commenting on the results, Jahanzeb Khan, President and CEO, said, “Our growth reflects the trust our customers have placed in us. Easypaisa is well-positioned to leverage our scale and brand to become the digital bank of choice for all Pakistanis.”

CFO Amin Sukhiani added, “A 45 percent growth in profitability highlights the strength of our strategy and the commitment of our team. With new products and ongoing efforts to enhance financial literacy, we aim to expand services to both existing users and those who remain unbanked.”

With over 55 million registered users, Easypaisa continues to lead Pakistan’s digital banking landscape, aligning closely with the State Bank’s vision for inclusive economic growth.