Soneri Bank
SBL/Secy/PSX/26/123
27 April 2026
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi.
Form - 7
Through PUCARS & haul deliverySubject:
Dear Sir,
Financial Results for the 1" Ouarter ended 31 March 2026We have to inform you that the Board of Directors of Soneri Bank Limited in its 216" meeting held on Monday, 27 April 2026 at 1200 hours at l0'h Floor, PNSC Building, Off: M.T. Khan Road, Karachi has approved the First Quarterly Accounts for the period ended 31 March 2026 and recommended the following:
Cash Dividend
NIL
Bonus Shares NIL
Right Shares
NIL
- Any Other Entitlement/Corporate Action
NIL
Any Other Price - Sensitive Information
The Material Information in accordance with sections 96 and 131 of the Securities Act, 2015 will be disclosed separately for the information of the shareholders.
The un-audited Statements of Financial Position, Profit & Loss, Changes in Equit;• and Cash Flows, approved by the Board of Directors of the Bank for the quarter ended 31 March 2026 are enclosed herewith as Annexure "A".
The Quarterly Report of the Bank for the period ended 31 March 2026 will be transmitted through PUCARS within the specified time.
Encls: a.a.
Soneri Baok Limited, Central Office: 9th & 10th Floor, PNSC Building, M.T. Khan Road, Karachi, Pakistan.
Tel : 021-32444401 - 05 & 111 567 890 Fax : 021-35643325 - 26 E-mail : info@soneribank.com Website : www.soneribank.com
SONERI BANK LIMITED STATEMENT OF FINANCIAL POSITION | ||
AS AT 31 March 2026 | ||
Note | (Un-audited) (Audited) 31 March 31 December 2026 2025 (Rupees in '000) - -• | |
ASSETS | ||
Cash and balances with treasury banks | 6 | 60,332,835 |
Bdances with other banks | 7 | 2,513,518 |
Lendings to financial institutions | 8 | 30,597,679 |
Investments | 479,247,393 | |
Advances | 10 | 214,324,449 |
Property and equipment | 11 | 18,834,797 |
Right-of-use assets | 12 | 8,283,554 |
Intangible assets | 13 | 492,742 |
Deferred tax assets | 21 | |
Oher aseets | 14 | 37,849,653 |
Total Ae0sts | 852,476,620 | |
MABILITIES | ||
Bills payable | 16 | 17,082,793 |
Borrowings | 17 | 61,644,422 |
Deposits and other accounts | 18 | 689,106.187 |
Lease liabilities | 19 | 9,771,027 |
Subordinated debt | 20 | 7,995,200 |
Deferred tax liabi5ties - net | 21 | 4,862,431 |
Other liabilities | 22 | 25.227,694 |
Total Llabllltles | 815,689,754 | |
NET ASSETS | 36.786,866 | |
REPRESENTED BY | ||
Share capital | 23 | 11,024,636 |
Reserves | 7,224,862 | |
Surplus on revaluation of assets | 24 | 7,568,001 |
Unappropriated profit | 10.969,367 | |
36,786,866 | ||
CONTINGENCIES AND COMMITMENTS | 25 | |
The annexed notes 1 to 46 fom an integral part of these condensed interim financial statements.
Chairman Prealdent &
Chief Executive Officer (A)
Director
SONERI BANK LIMITED
STATEMENT OF PROFIT AND LOSS ACCOUNT FOR THE QUARTER ENDED 31 MARCH 2026
Note (Un-audited) (Un-audited) 31 March 31 March
2026 2025
------(Rupees in '000)•----
Mark-up / Return / Interest earned | 26 | 22,279,844 |
Mark-up / Return / Interest expensed | 27 | 14,991,221 |
Net mark-up / interest income | 7,288,623 | |
NON MARK-UP / INTEREST INCOME | ||
Fee and commission income | 28 | 1,202,894 |
Dividend income Foreign exchange income | 331,947 | |
Income / (loss) from derivatives | ||
Gain / (loss) on securities | 29 | (10,965) |
Net gain / (loss) on derecognition of financial assets measured at amortised cost | ||
Other income | 30 | 39,628 |
Total non mark-up / interest income | 1,563.504 | |
Total income | 8,852,127 | |
NON MARK-UP / INTEREST EXPENSES | ||
Operating expenses | 31 | 5,140,119 |
Workers' Welfare Fund | 32 | 74,181 |
Other charges | 33 | 499 |
Total non mark-up / interest expenses | 5,214,799 | |
Profit before credit loss allowance | 3,637,328 | |
Credit loss allowance and write-offs - net | 34 | 300,637 |
Other income / expense items | ||
PROFIT BEFORE TAXATION | 3,336,691 | |
Taxation | 35 | 2,189,423 |
PROMTAFTERTAZATION | ||
- --- (Rupees) -------•------- | ||
Basic and diluted earnings per share | 1.0406 |
The annexed notes 1 to 46 form an integral part of these condensed interim financial statements.
Chairman President &
Chief Executive Officer (A)
Director
Director
SONEN BANK LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE QUARTER ENDED 31 MARCH 2026
I Surplus / | deficnj on revalumion of | proñt | Total | |||
PFO and equlpmmt | NOD• banking acsets | |||||
--•------•-- ---•-(Rupees in '000s-•-- --- -
Balance as n 1 January 2025 before adoption of IFRS 9 | 11,024,636 | 6,313,315 | 1,682,958 | 2,533.999 | 69,667 | 9.185,171 | 30,809 746 |
Impact of adoption of IFRS 9 on unquoted securifes - net of tax | 1.391,520 | ' 7,585 | 1,409.105 | ||||
Balance ac st 1 January 2025 after adoption of IFRS 9 | 11,024,636 | 6,313,315 | 3,074,478 | 2,533,999 | 69,667 | 9,202,756 | 32,218,851 |
Pfofit after taxation for the quarter ended 31 Mach 2025 | 1,147,268 | 1,147,268 | |||||
Other comprehensive income I (loss) - net of tax | |||||||
- Movement in surplus on revakation of investment in debt instruments - net of tax | (800,523) | (800, S23 | |||||
- klovement in surplus on revaluation of investment in equity instrumanb - net of tax | 11.907 | I 1,907 | |||||
- Movement in surplus on revaluation of operating fixed assets - net of tax | |||||||
Total other comprehencive income I(loss) - na of tax | 1.147,268 | 358,652 | |||||
Transfer to statutoiy reserve | 22S,454 | (229,454) | |||||
Transferred from surplus on revaluation of assets to unappropriated prott in | |||||||
respect of incrementd deorecbtion charged durira the auarter - net of tax | (24.754) | 24,754 | |||||
Trsneactions with owners, recorded directly in equity | |||||||
Final cash dividend for the year ended 31 December 2024 d Rs 1.75 per share | (1,929,312) | (1,929,312) | |||||
Balance as4 31 Barch 2025 (un•audited) • restated | 11.024,636 | 6,542,769 | 2,285,862 | 2,509,245 | 69,667 | 8,2•s,012 | 30,648,191 |
Profit aRer taxation for the nine months ended 31 December 2025 | 3,4JJ,4o6 | 3,410,466 | |||||
Other comprehensive income / (loec) - net of tax | |||||||
- Movement in surplus on revaluation of investment in debt instruments - net ol tax | 3,010,308 | 3,010,308 | |||||
- Gain on sde of debt instrumenD carried at FVOCI reclassified to profit and loss - net of tax | (547,542) | (547,542 | |||||
- Movement in surplus on revaluation of investment in equity insbumenb - net of tax | 315,256 | ||||||
- Remeaurement loss on defined benea obligations - net of tax | #9,813) | /9,813 | |||||
Total other comprehensive income • n« of tcx | 2,778,022 | 3,360,653 | 6,138,675 | ||||
Transfer to statutory reserve | 682,093 | (682,093) | |||||
Transfer from surplus on revaluation of asseb to unappropriated profit - net of tax | (74,338) | (457) | 74,795 | ||||
Balc/ice as fi 31 December 2025 (audited) | 11,024,636 | 7,224,86Z | 5,063,884 | 2,434,907 | 69,210 | 10,969,367 | 36,786,866 |
(a) This represents reserve created under section 21(i)(a) of the 8éfI•i^4 pani66 Ordinance, 1962.
The annexed notes 1 to 46 form an integral part of these condensed interim financial statements.
Chaiman President &
Chief Executive Officer (A)
Director DF£CtO[
SONERI BANK LIMITED
CASH FLOW STATEMENTFOR THE QUARTER ENDED 31 MARCH 2026
Hate (Un-audited) 31 March
2026
(Un-audited) 3J March 2025
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before taxation Less: Dividend income
Adjustments:
Net mark-up / Interest income Depreciation on property and equipment Depreciation on right-of-use assets Depreciation on non-banking assats Amortiaation
Mark-up expense on lease liability against right-of-use aseets Gain on temination of leases
Gain on termination of Ijarah financing Staff loens - deferred coct unwinding Credit Des allowance and wñte-offs - net
Gain on saled property and equipment - net Gain on eale of non-banking assets Provision for Workers' Welfare Fund - net Charge for defined benefit plan
Unmalised loss on revaluation of investments classified as FVPL
11.2
12
31
13
27
30
30
30
30
32
29
••••-••••{Rupacs In '000)
3,336,691
3.336,691
D•creace / (Increase) In operating aasets Lendings to financial inmitutions Securitles dassified as FVPL
Advances
Other aasets (excluding advance taxation and mark-up receivable)
Increase / (decrease) In operating liabilities Bills payable
eorrowings
Deposits
Other liabilities (exduding mark-up payable)
(2,519,805)
(8,001,110)
35,989,363
28,084,762
/433.721
(3,055,900)
9,832,7d4
45,144,934
(1.265,960)
(7,288,623
425,416
266,629
3,927
50,203
235,669
300,637
(16,075)
74,181
93,536
50.655,818
55,639,294
Contribution made to defined benefit plan Mark-up / Return / Interest received
Ma1‹-up / Return / lntUest paid Income tax paid
Net cash flow generated from oparating actlvltlcs
CASH FLOWS FROM INVESTING ACTIVITIES
Net investments in securities claseifiied as FVOCI Net divestment / (investments) at amortised cost Dividend received
Investments in property, equipment and intangible
Proceeds from sale of non-banking assets Proceeds Porn sale of properly and equipment Net cash flow used In Investing activities
CASH FLDWS FROM FINANCING ACTIVITIES
Payment of subordinated debt
Payment of lease liability against rigN•of-use assete Dividend paid
Net cash flow used In financing ectlvNes
Increase In cash and cash equivalent
Cash and cash equivalents at the beginning of the pertod
Impact of expected credit loss allowance on cash and cash equivalents Cash and cash equivalents at the end of the period
15,071,941
(16,024,570)
(3,460,621)
99,362,053
(92,191,273
(110,649]
(957,910)
18,881
(93,240,951)
(*59,829)
/1,882.742)
(2,342,571)
3,778,531
47,192,820
(47)
37 50.971 304
The annexed notes 1 to 46 form an integral part of these condensed interim financial statements.
Chairman President &
Chief Executive om» (A)
Director