Easypaisa digital bank has reported a significant improvement in its financial performance for the first half of 2026, with profit before tax reaching Rs8.26 billion and profit after tax standing at Rs5.78 billion for the six months ended June 30, 2026. The bank’s profit before tax increased 2.27 times compared with the corresponding period last year, reflecting continued expansion across its core business operations.
The financial statements for the half year ended June 30, 2026 were approved by the bank’s Board of Directors. Earnings per share stood at Rs9.61 during the period. The results showed growth across lending, payment services and other fee-based activities, supported by an expanding customer base, higher transaction volumes and continued spending on technology and workforce development.
Easypaisa’s total revenue increased by 30.50% year on year, indicating stronger activity across both lending and fee-generating businesses. Net markup income recorded growth of 32.46%, supported by an expanding lending portfolio and treasury investments. The increase was also underpinned by substantial growth in customer deposits, which provided the bank with a larger funding base for its financial activities.
Fee-based income increased by 28.34% during the first half of 2026. The growth was attributed to higher contributions from payment services, collections, disbursements and insurance products. The performance highlights the growing contribution of services beyond traditional lending to the bank’s overall revenue base.
The bank’s operating expenses increased to Rs21.08 billion during the period as Easypaisa continued investing in strategic growth areas. These investments included customer acquisition campaigns, expansion of its merchant ecosystem and additional support costs linked to the increasing volume of digital lending activities.
As of June 30, 2026, Easypaisa’s total assets stood at Rs232.58 billion. Customer deposits increased 67.37% year on year to Rs158.58 billion. The bank maintained a strong deposit composition, with its CASA ratio reaching 97.46% and its current account ratio standing at 79.95%.
Gross advances reached Rs31.11 billion, resulting in an advances-to-deposit ratio of 18.63%. Despite the expansion of its lending portfolio, the bank reported healthy asset quality. Non-performing loans with more than 90 days past due stood at 3.16%, while the coverage ratio was reported at 159.63%.
Easypaisa also maintained a strong capital position during the period. Its Capital Adequacy Ratio stood at 23.75%, significantly above the applicable regulatory requirement. The bank’s financial position and asset quality also received recognition from Pakistan Credit Rating Agency Limited (PACRA), which upgraded Easypaisa’s long-term entity rating to AA- on July 1, 2026, while reaffirming its short-term rating at A1.
Jahanzeb Khan, President and CEO of easypaisa digital bank, said the strong first-half profitability reflected the resilience of the bank’s business model, customer trust and its focus on financial inclusion. He said the bank remained focused on providing financial solutions aimed at individuals and businesses while supporting Pakistan’s transition toward a more inclusive digital financial ecosystem.
The bank is also expanding its product portfolio beyond payments and lending. According to Amin Sukhiani, Chief Financial Officer of easypaisa digital bank, the institution is developing Islamic banking and foreign exchange products, while also expanding consumer-focused offerings such as buy now, pay later (BNPL) services and credit cards.
These products form part of Easypaisa’s broader strategy to expand its digital ecosystem and provide customers with a wider range of financial services through digital channels. The bank is also continuing to develop its merchant ecosystem as transaction activity and digital financial services grow across Pakistan.
With more than 60 million registered users, Easypaisa remains one of Pakistan’s largest digital financial platforms and was the country’s first digital bank to commence commercial operations. The bank continues to operate across payments, lending, remittances, insurance and digital lifestyle services, with its business strategy aligned with State Bank of Pakistan’s focus on financial inclusion and wider access to formal financial services.
The first-half results indicate that Easypaisa is strengthening its financial position while simultaneously expanding its digital banking operations. Rising deposits, increased revenue, growth in lending and fee-based income, healthy asset quality and a capital adequacy ratio well above the regulatory requirement collectively contributed to the bank’s performance during H1 2026.
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