The Bank of Khyber reported earnings per share of PKR 5.02 in CY25, up 61% from PKR 3.12 in CY24. This translates into profit after tax of PKR 5.8 Bn compared to PKR 3.6 Bn in SPLY. The bank declared a dividend of PKR 3.2 per share in CY25, up from PKR 1.7 in CY24.
Total income in CY25 reached PKR 23.1 Bn against PKR 18.3 Bn in CY24, an increase of 27%. This was primarily driven by a 132% increase in net mark-up income from PKR 1.8 Bn in CY24 to PKR 4.1 Bn in CY25. In February 2025, the bank announced its plans to transition to an Islamic bank.
As part of this transition the bank converted 59 branches this year to bring the total number of Islamic branches to 199 out of a total of 254 branches. Along with this, the bank also saw its total number of branches rise by 8 in CY25. The bank saw its total deposits rise from PKR 278 Bn at the end of CY24 to PKR 378 Bn at the end of CY25, an increase of 36%. The CASA ratio now stands at 72% with plans to improve it in the future.
Moving forward, the bank expects deposit growth to converge to the 3 Year CAGR of 15%. Investments stood at PKR 275 Bn at the end of CY25, down 3% from PKR 283 Bn at the end of CY24. Management highlighted that out of its investment portfolio PKR 76 Bn is invested in T Bills with the remainder in floating rate instruments. The bank’s cost to income ratio for CY25 stood at 51% compared to 58% in CY24.
Capital Adequacy Ratio stood at 20.1% at end Dec-25, up from 17.8% at the end of CY24. Moving forward, the management plans to open about 40 new branches in CY26 along with a focus on enhancing its digital footprint and an increase in low-cost deposits
Important Disclosures
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