Islamabad, May 8, 2026 – easypaisa digital bank delivered a record-breaking quarter, further strengthening its leadership as Pakistan’s first digital retail bank. For the quarter ended March 31, 2026, the Bank reported a profit after tax (PAT) of PKR 1.49 billion and earnings per share (EPS) of Rs. 2.47, while profit before tax (PBT) reached PKR 3.66 billion, a 4.4x increase compared to PKR 0.84 billion recorded in the same quarter last year – marking another milestone for the Bank.
Pakistan’s macroeconomic environment continued its gradual stabilization during Q1 2026, supported by an IMF Extended Fund Facility agreement, bilateral inflows, and consecutive current account surpluses. This improving backdrop provided a constructive operating environment for the Bank’s continued growth.
The Bank’s performance was driven by broad-based revenue growth, with overall revenue rising 24.0% year-on-year. Net markup income grew 22.0% YoY, underpinned by expansion in the lending portfolio and treasury books, while treasury income rose considerably on the back of strong deposit growth. Fee-based income also registered a robust increase of 27.1%, driven by higher payment services revenue including OPS revenue and load and bundle income.
Profitability was further strengthened by a significant decline in net provision charges, reflecting lower default rates in the digital lending portfolio and enhanced recoveries from previously written-off exposures. Operating expenses increased by 22.0% year-on-year, consistent with the Bank’s continued investment in customer and merchant acquisition and retention initiatives.
Commenting on the results, Jahanzeb Khan said, “This record performance reflects the strong momentum we have built as Pakistan’s leading digital bank. Our continued growth is driven by customer trust, disciplined execution, and our commitment to expanding access to financial services at scale. Guided by our vision of empowering Pakistan through digital banking, we remain committed to relentlessly simplifying and securing financial services to unlock opportunities for all. As we move forward, we will continue to focus on innovation, strengthening our digital ecosystem, and enabling inclusive financial participation across Pakistan.”
On the balance sheet, total assets grew to PKR 217.6 billion as of March 31, 2026. Customer deposits recorded strong growth of 52.0% year-on-year, reaching PKR 153.4 billion, with CASA and current account ratios remaining robust at 97.7% and 80.6%, respectively. Total advances stood at PKR 27.3 billion, with an advances-to-deposit ratio of 17.80%. Asset quality remained strong, with non-performing loans (over 90 DPD) at 3.03%, fully covered by a coverage ratio of 164.0%. The Bank maintained a capital adequacy ratio (CAR) of 21.27%, well above regulatory requirements.
Commenting on the results, Jahanzeb Khan, *Chief Executive Officer,* of easypaisa Digital Bank said, “This record performance reflects the strong momentum we have built as Pakistan’s leading digital bank.
Amin Sukhiani, Chief Financial Officer, easypaisa digital bank, said, We are proud to deliver yet another record quarter. Our results reflect the trust our customers place in us, the strength of our team, and the power of our digital-first model. As we continue expanding access to banking for millions of Pakistanis, we remain focused on sustainable growth, innovation, and delivering meaningful impact.”
easypaisa digital Bank continued to expand its financial inclusion footprint, now serving over 22 million monthly active users, including 3 million new digital users year-on-year. Reinforcing its position as Pakistan’s most accessible digital bank, easypaisa will continue to accelerate growth through innovation, product expansion, and enhanced customer experiences.
