easypaisa digital bank reported Rs. 8.26 billion in profit before tax (PBT) for the first half of 2026, more than doubling from the same period last year.
The bank’s profit after tax (PAT) stood at Rs. 5.78 billion, while earnings per share reached Rs. 9.61.
The results were approved by the bank’s Board of Directors for the six months ended June 30, 2026.
easypaisa’s total revenue increased 30.50 percent year-on-year, supported by growth in lending and fee-based businesses.
Net markup income rose 32.46 percent, driven by growth in the lending portfolio and treasury investments. Fee-based income increased 28.34 percent, mainly due to higher income from payments, collections, disbursements and insurance services.
The bank’s operating expenses increased to Rs. 21.08 billion as it invested in customer acquisition, merchant expansion, technology and digital lending.
Deposits Rise 67 Percent
easypaisa’s total assets stood at Rs. 232.58 billion as of June 30, while customer deposits increased 67.37 percent year-on-year to Rs. 158.58 billion.
The bank’s gross advances reached Rs. 31.11 billion, with an advances-to-deposit ratio of 18.63 percent.
Asset quality remained strong, with non-performing loans above 90 days at 3.16 percent and a coverage ratio of 159.63 percent.
The bank reported a 23.75 percent Capital Adequacy Ratio, well above the regulatory requirement.
PACRA upgraded easypaisa’s long-term entity rating to AA- on July 1, 2026, while maintaining its short-term rating at A1.
easypaisa said it is also expanding into areas including Islamic banking, foreign exchange, buy-now-pay-later (BNPL) services and credit cards.
The bank said it has more than 60 million registered users and is expanding its digital financial services across payments, lending, remittances, insurance and other digital services.
The post easypaisa Profit Before Tax Jumps 2.27x to Rs. 8.26 Billion in H1 2026 appeared first on ProPakistani.