Amãna Bank records stellar performance in 3Q 2025

Managing Director/CEO Mohamed Azmeer

Amãna Bank continued its strong profitability momentum by nearly doubling its profits in 3Q to reach a YTD PBT of Rs.2.7 billion (39 percent YoY) and PAT of Rs.1.6 billion (44 percent YoY), setting a new record by achieving the bank’s 2024 full-year PBT in nine months. 
During 3Q, PBT soared by 91 percent YoY to Rs.1.2 billion and after taxation, profit stood at Rs.0.7 billion, recording a 98 percent YoY growth. 
On the bank’s top-line performance, net financing income during 3Q grew significantly by 42 percent YoY to reach Rs.2.26 billion, resulting in a 19 percent YoY increase in net financing income for the nine months ended September 30, 2025, to reach Rs.6.1 billion, supported by a healthy financing margin of 4.2 percent. The bank’s net fee and commission income recorded strong growth of 53 percent YoY during 3Q to reach Rs.417.1 million and 35 percent YoY during the nine months to surpass the Rs.1 billion mark.  This contributed to total operating income rising to Rs.2.8 billion in 3Q and Rs.7.5 billion as of September 30, 2025, translating to a YoY growth of 34 percent and 15 percent, respectively.
The resultant impact of improved business environment, proactive customer engagement and strengthened portfolio quality, enabled the bank to achieve a reversal in its impairment charges, leading to a 49 percent increase in net operating income to Rs.3.0 billion for 3Q and a 24 percent increase to Rs.7.6 billion for the nine months ended September 30, 2025. 
The bank improved its cost-to-income ratio to 49 percent in 3Q, while also strengthening its overall ratio to 51 percent as of September 30, 2025, compared to 52 percent recorded at the end of both 1Q and H1 2025 and 53 percent in 2024. This improvement resulted in the bank’s operating profit before all taxes reaching Rs.3.8 billion for the nine months and Rs.1.7 billion for 3Q, reflecting year-on-year growth of 40 percent and 91 percent, respectively. 
Reinforcing its strong financial trajectory, the bank recorded a total comprehensive income of Rs.1.9 billion for the period, reflecting 70 percent YoY growth.
The bank recorded a commendable 30 percent increase or Rs.33.2 billion growth in customer advances during the nine months, thereby contributing to the national economy through the bank’s development-focussed financing model, to close advances at Rs.144.5 billion, while also setting an industry benchmark of 71 percent of total assets consisting of advances.
This performance was achieved while continuing to have one of the lowest industry-wide stage three impaired financing ratio of 1.1 percent, owing to the bank’s effective risk management and underwriting standards, driven by its unique people friendly approach. The bank’s deposits grew by Rs.15 billion to close the quarter with Rs.169.5 billion while maintaining an industry best CASA ratio of over 43 percent. The bank’s total assets, which recently crossed the milestone of Rs.200 billion, closed at Rs.202.6 billion as of September 30, 2025, a 11 percent growth from YE 2024.
Reinforcing its upward profitability trend, the bank’s return on equity climbed to 9.0 percent, with return on assets rising to 1.9 percent. The bank’s common equity Tier 1 ratio closed at 12.7 percent, whilst total capital ratio was at 14.6 percent, well above the regulatory minimum requirement of 7 percent and 12.5 percent, respectively, testifying the bank’s stability. 
Further, the bank’s liquidity coverage ratios - rupee and all currency stood at 234.0 percent and 173.1 percent, respectively as at September 30, 2025, whilst the net stable funding ratio was 132.5 percent, all of which comfortably exceeded the minimum requirement of 100 percent each.
Recently, the bank paid its eighth successive interim dividend of Rs.1.30 per share, totalling to an all-time high pay-out of Rs.716.5 million, continuing the trend of creating value to its shareholders.
Chairman Asgi Akbarally stated, “Our strong financial performance in 2025 reaffirms the soundness of our strategy and our commitment to delivering sustainable value to shareholders.”
Managing Director/CEO Mohamed Azmeer stated “Our performance in 3Q, where profits nearly doubled, demonstrates the effectiveness of the bank’s focused execution of our plans.”