The shareholders of Sindh Bank have formally approved the annual audited financial statements for the fiscal year ending December 31, 2025, during an Annual General Meeting held in Karachi. The bank showcased a landmark financial performance, revealing a record high profit before tax of 6.37 billion rupees. This figure represents an extraordinary 155% surge compared to the previous year, highlighting a period of intense growth and operational efficiency. The bank attributes this success to resilient margins and a dual strategy of aggressive deposit mobilization and credit expansion, both of which reached unprecedented peaks by the close of the year.
The revenue streams for Sindh Bank remained robust despite fluctuations in the broader economic environment. Net markup income experienced a 40% increase during 2025, even in the face of policy rate reductions, while non-markup income grew by 43% to reach 568 million rupees. This growth was largely driven by a diversified income base, including higher earnings from service fees, commissions, dividends, and gains realized on securities. Consequently, the profit after tax rose by over 20%, settling at 3.35 billion rupees compared to the 2.77 billion rupees reported in the prior fiscal period.
The bank’s balance sheet strength was a primary focus of the meeting, with total equity expanding by 4.39 billion rupees to reach a total of 33.55 billion rupees. One of the most significant indicators of the bank’s stability is its Capital Adequacy Ratio, which stood at a formidable 25.04% by the end of December. This is more than double the minimum regulatory requirement of 11.50%, demonstrating that the institution is well capitalized and possesses the financial depth to support ambitious future growth. With 28.47 billion rupees in maintained capital against a required 10 billion rupees, the bank stands as a highly liquid and secure entity.
Deposits reached an all-time high of 342 billion rupees, reflecting an annual increase of 30 billion rupees. More importantly, the bank significantly improved its deposit quality, raising its CASA ratio to 87% from 82% in the previous year. This shift toward non-remunerative deposits has been a key driver of overall profitability. Furthermore, the bank’s expansion strategy proved successful as it added over 482,000 new accounts to its customer base. On the lending side, gross advances grew by 72% to 170 billion rupees, fueled by a massive 157% increase in the SME portfolio and a 64% rise in consumer financing, signaling the bank’s growing role in supporting the real economy.
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