Peshawar – April 30, 2025 — The Bank of Khyber (BoK) has announced stellar financial results for the first quarter of the financial year 2025 (Q1FY25), reporting a Profit After Tax (PAT) of Rs. 1.6 billion, marking an impressive 108 percent year-on-year (YoY) increase.
The bank’s strong performance was driven by a 45 percent YoY surge in Net Markup/Interest Income (NII), which rose to Rs. 5.1 billion. This growth reflects effective balance sheet management and a successful reduction in funding costs.
BoK also recorded a significant uptick in non-markup/interest income, which jumped 64 percent YoY to Rs. 900 million. A key contributor to this rise was a gain of Rs. 521 million on securities.
Despite a 15 percent YoY increase in operating expenses to Rs. 2.7 billion—attributed to inflationary pressures and a rise in employee and administrative costs—the bank maintained strong profitability. This was further supported by a net reversal of provision amounting to Rs. 118 million, compared to a net provision of Rs. 190 million in the same period last year. The reversal was the result of stringent recovery efforts and a prudent lending strategy implemented by the management.
Looking ahead, the Bank of Khyber remains committed to sustainable profitability, improving asset quality, and diversifying its portfolio through proactive and strategic management initiatives.
