Sindh Bank Posts Record Pre-Tax Profit of Rs6.37 Billion, More Than Double from Previous Year

Sindh Bank Posts Record Pre-Tax Profit of Rs6.37 Billion, More Than Double from Previous Year

The shareholders of Sindh Bank have approved the Annual Audited Financial Statements for the year ended December 31, 2025, at the Annual General Meeting held on March 30, 2026. The bank reported its record high Profit Before Tax of Rs6.37 billion, more than double (a 155% increase) from the previous year, driven by resilient margins and robust growth in deposits and advances, both touching new peaks at the close of 2025.

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Operating profit also registered a manifold increase, attributable to significantly higher markup as well as non-markup income.

Income and Profit Growth

Net markup income increased by 40% during 2025, despite downward revisions in the policy rate. Non-markup income of the bank also increased by 43% (Rs568 million), attributable to increases in income from fees, commissions, dividends, and gains on securities during the year. Profit After Tax for the year ended 2025 increased by more than 20% to Rs3.35 billion, compared to Rs2.77 billion last year.

Metric20252024Change
Profit Before TaxRs6.37bnPrevious year+155%
Profit After TaxRs3.35bnRs2.77bn+20%+
Net Markup Income+40%
Non-Markup Income+43%

Capital Strength and Equity

Total Equity of the bank grew by Rs4.39 billion, reaching Rs33.55 billion at December 31, 2025. The bank’s Capital Adequacy Ratio stood at 25.04%, well above the minimum regulatory requirement of 11.50%. The bank maintained Rs28.47 billion as minimum capital against the requirement of Rs10 billion as on December 31, 2025, reflecting capital strength and resilience to absorb impacts and pursue balance sheet growth.

Capital Metric2025Regulatory Requirement
Total EquityRs33.55bn
Capital Adequacy Ratio25.04%11.50%
Minimum Capital MaintainedRs28.47bnRs10.00bn

Deposit Growth and Mix

Deposits increased to an all-time high of Rs342 billion at the end of December 2025, surpassing the previous year’s peak of Rs312 billion, an increase of Rs30 billion. The bank also managed to improve its deposit mix, especially non-remunerative deposits, which notably strengthened profitability. The CASA ratio improved to 87% from 82% in December 2024.

With a focus on customer widening, the number of account holders significantly increased with the addition of 482,198 new customer accounts.

Advances Growth

Gross advances touched an all-time high figure of Rs170 billion at the close of 2025, representing a 72% increase over Rs98.9 billion as on December 31, 2024. This growth was driven by:

  • SME portfolio growth: 157%
  • Consumer financing growth: 64%
  • Major expansion in sovereign-backed financing

About Sindh Bank

Sindh Bank is a leading public sector bank in Pakistan, operating with a network of branches across the country. The bank is committed to providing innovative banking solutions, fostering economic growth, and delivering value to its shareholders and customers.

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