Sindh Bank posts record pre-tax profit of Rs6.37bn

KARACHI: 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 (i.e. 155 percent increase) from previous year driven by resilient margin and robust growth in deposits and advances both touching new peaks at the close of year 2025. Operating profit also registered manifold increase attributable to significantly higher Markup as well as Non Markup income.

Net markup income increased by 40 percent during the year 2025, despite downward revisions in the policy rate, non markup income of bank also increased by 43 percent i.e. Rs568 million attributable to increase in income from Fees, Commission, Dividends and gain on securities during the year 2025.Profit After Tax for the year ended 2025 increased by more than 20 percent to Rs3.35 billion compared to Rs2.77 billion last year.

Total Equity of the Bank grew by Rs4.39 billion reaching to Rs33.55 billion at December 31, 2025. Bank’s Capital Adequacy Ratio stood at 25.04 percent as against the minimum requirement of 11.50 percent and 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.

Deposits increased to an all time high of Rs342 billion at the end of December 2025 surpassing previous year peak of Rs312 billion witnessing increase of Rs30 billion. Bank also managed to improve deposit mix especially Non-remunerative deposits which notably strengthened profitability. CASA ratio improved to 87 percent from 82 percent in December 2024. With the focus on customer widening, the number of account holders significantly increased with the addition of 482,198 new customer accounts.

Gross Advances touched an all time high figure of Rs170 billion at the close of year 2025 representing 72 percent increase over Rs98.9 billion as on December 31, 2024 which was driven by growth of 157 percent & 64 percent outstanding portfolio of SME &Consumer Financing segments respectively besides major expansion in sovereign backed financing.