KARACHI: Soneri Bank Ltd reported has posted profit before tax of Rs11.606 billion for the year ended December 31, 2025, down from Rs12.638 billion a year earlier, according to results approved by its board on January 29. Profit after tax fell to Rs4.558 billion from Rs5.901 billion, while earnings per share declined to Rs4.1341 from Rs5.3528.
The bank said the drop was mainly due to additional taxation on prior years, which pushed the effective tax rate to 60.7 per cent, compared with 53.3 per cent in 2024.Net interest income rose 8.4 per cent to Rs27.042 billion, helped by higher business volumes, while non-interest income climbed 20.4 percent to Rs8.133 billion, led by fees and commissions.
Operating expenses increased 24 per cent to Rs24.224 billion after the bank opened a record 126 branches in 2025, taking its total network to 670.Deposits jumped 26.9 per cent to Rs689.106 billion, with the cost of deposits falling sharply to 7.1 per cent. Net advances declined to Rs214.324 billion, while net investments rose 24.7 per cent to Rs479.247 billion.
The non-performing loan ratio edged up to 3.41 per cent from 3.16 per cent. The bank said it remained well capitalised, with a capital adequacy ratio of 14.89 per cent and strong liquidity buffers.
