The research is conducted to test banks’ soundness of 20 listed Pakistani banks post crises, period (2009-2018). The core purpose is to identify the key parameters that are contributing to the smooth functioning of the sector. The banks included Islamic, private and public owned banks. PLS-SEM technique was applied on CAMELS with 42 indicators and the most significant parameter for Banks’ soundness were identified. Stock Returns was taken as the dependent variable and direct indicator for Banks soundness. Outcomes showed that Earning parameter contributed most significantly to Banks soundness in Pakistan. Other parameters like management, capital and liquidity were also found to be significant but results showed that banks are executing with lower capital base and less liquidity and management also needs improvement. Sensitivity parameter showed no relevance with banks soundness in Pakistan. Overall, Pakistani banking industry is sound and worldwide banking crises couldn’t affect Pakistani banks considerably. Supervisor:- Dr. Ahsan ul Haq Satti