KARACHI: Sindh Bank Ltd reported a sharp increase in earnings for 2025, with profit before tax more than doubling on the back of strong growth in deposits and lending.
Profit before tax rose to record high of Rs6.37 billion for the year ended December 31, up 155 per cent from a year earlier, the bank said following its annual general meeting. Profit after tax climbed over 20 per cent to Rs3.35 billion.
The increase was driven by higher net interest income and a rise in non-interest income, including fees, commissions and gains on securities. Net markup income grew 40 per cent, while non-markup income rose 43 per cent.
Deposits reached Rs342 billion at the end of 2025, up from Rs312 billion a year earlier, with an improved current and savings account mix supporting margins. Advances surged to Rs170 billion, reflecting expansion in SME and consumer financing as well as sovereign-backed lending.
The bank’s capital adequacy ratio stood at 25.04 per cent, well above the regulatory minimum, while total equity increased to Rs33.55 billion.Separately, VIS Credit Rating Company upgraded the bank’s long-term rating to AA and reaffirmed its short-term rating at A-1+ with a stable outlook.Sindh Bank also expanded its customer base during the year and continued to support government-backed programmes, including housing and agricultural financing initiatives.
