Resilient 2025 earnings propel SM Group to top honors in FinanceAsia poll
Four companies under the SM Group were recognized for corporate excellence and governance in the FinanceAsia Asia’s Best Companies 2026 poll.
SM Investments Corp., the holding company for the Sy family’s business empire, secured the Gold award for Best Large Cap Company and was named Most Committed to ESG. It also took Silver for Best Managed Company in the Philippines’ conglomerate category.
The parent company recently reported a 10 percent increase in 2025 consolidated net income to ₱90.5 billion, driven by resilient consumer spending and a recovery in its diverse portfolio.
“We appreciate the recognition,” SM Investments President and Chief Executive Officer Frederic C. DyBuncio said. “It reflects our continued focus on delivering consistent results and creating long-term value for our stakeholders through disciplined execution.”
The group’s banking arm, BDO Unibank Inc., was also named Best Managed Company in the financial sector. BDO, the nation's largest lender by assets, posted a record net income of ₱87.2 billion last year as its loan portfolio expanded 13 percent to ₱3.7 trillion. BDO President and CEO Nestor V. Tan, who received the Bronze award for Best CEO in the Philippines, attributed the performance to operational excellence and a focus on customer needs.
In the property sector, SM Prime Holdings Inc. was recognized as the Best Managed Company in Real Estate. The developer’s net income grew to ₱48.8 billion in 2025, supported by a 60 percent revenue contribution from its mall business. SM Prime President Jeffrey C. Lim said the award affirms the “discipline and consistency” of the company's execution.
SM Retail Inc. also picked up top honors as the Best Managed Company in both the retail and consumer durables and apparel categories.
SM Retail President Jonathan Ng noted that the recognition reflects the team’s ability to execute across its platforms while serving the Filipino consumer.
The sweep of eight awards comes as SM Group continues to expand its reach beyond Metro Manila. The conglomerate has maintained a strategy of provincial expansion to tap into rising household incomes, even as global macroeconomic headwinds persist.
FinanceAsia, a Hong Kong-based publication, conducts the annual poll to benchmark corporate performance across Asia's capital markets.