Karachi: Soneri Bank Limited has released its Corporate Briefing Session (CBS) Presentation for 2025, providing key insights into the bank's financial performance and market indicators. The presentation, scheduled for December 19, 2025, will be held virtually via Zoom, with connectivity details already dispatched to registered participants.

The bank's report highlights several significant financial developments. Soneri Bank's Earnings Per Share (EPS) for the first nine months of 2025 stood at Rs 3.00, down from Rs 5.35 in 2024. This represents a decline of 30.7% in EPS, classified as a very large move. The cash dividend per share maintained its consistency at 30% for 2023 and 2024, though it marked a significant shift from the 10% recorded in 2022.

A notable aspect of the briefing is the substantial increase in the bank's market value per share, which rose to Rs 24.03 for the nine months ending in 2025 from Rs 17.72 in 2024. The market value reached a high of Rs 24.90 during the year and a low of Rs 14.01.

The financial results for September 2025 reveal a mixed performance. Markup income decreased by 27% to Rs 64.39 billion, while markup expenses experienced an even larger decline of 37%, amounting to Rs 68.97 billion. This resulted in a Net Interest Margin (NIM) of Rs 20.99 billion, marking a moderate move with an 11% increase. Fee income rose by 14%, contributing Rs 3.60 billion, whereas foreign exchange income fell by 30% to Rs 1.13 billion.

According to information available from the Pakistan Stock Exchange (PSX), the core revenue saw an increase of 9%, reaching Rs 25.74 billion, while non-core revenue surged by 301% to Rs 1.78 billion, driven by a significant 519% growth in capital gains. However, the bank's operating expenses increased by 21%, amounting to Rs 17.28 billion, while the cost-to-income ratio rose by 4.47%.

The balance sheet for September 2025 reflects an 11% growth in total assets, reaching Rs 820.44 billion. Investments, net, saw a significant move with a 30% increase to Rs 499.94 billion, while advances, net, decreased by 20% to Rs 194.09 billion. Deposits also rose by 16% to Rs 629.13 billion, contributing to an increase in total liabilities by 11%.

Soneri Bank's corporate segment accounts for 83% of the portfolio, valued at over Rs 167 billion. The Non-Performing Loan (NPL) to Total Advances ratio has shown improvement, halving from 6.25% in 2020 to 3.13% in 2024. Despite these improvements, Profit Before Tax (PBT) fell by 7% to Rs 9.60 billion, while Profit After Tax (PAT) decreased by 31% to Rs 3.30 billion.

The bank's net assets grew by 8% to Rs 33.24 billion, with reserves increasing by 10% to Rs 6.97 billion. The surplus on revaluation of assets rose by 23%, indicating a positive trend in asset valuation. Soneri Bank's financial indicators reflect a complex picture of growth and challenges, underscoring the dynamic market environment in which it operates.