Security Bank Corp. reported a three-percent improvement in net income to ₱11.6 billion last year as net interest income grew while non-interest earnings surged. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, March 2, the bank said it balanced revenue growth with higher credit...
Aboitiz-led UnionBank of the Philippines reported a 17-percent drop in net income to ₱10 billion last year from the ₱12.03 billion earned in 2024 due to higher provisions and lower trading and miscellaneous gains. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, March 2, the...
LT Group Inc. reported a seven-percent improvement in consolidated attributable net income to a record ₱30.98 billion in 2025, its fourth straight banner year, from ₱28.92 billion in 2024 due to stronger earnings from its banking, tobacco, and liquor businesses. The firm disclosed to the...
The Philippine National Bank (PNB) posted record consolidated net income of ₱25.3 billion last year, a 20 percent increase from the ₱21.2 billion reported a year earlier amid aggressive loan expansion and improved cost efficiencies. In a disclosure to the Philippine Stock Exchange, the lender...
Ty-led Metropolitan Bank & Trust Co. (Metrobank) reported another banner year as net income grew 17 percent to another all-time high of ₱49.7 billion last year from the ₱42.2 billion earned in 2024. The bank said profit growth was supported by modest asset expansion, resilient margins, healthy...
Asia United Bank (AUB) reported a 12-percent growth in unaudited consolidated net income to a record ₱12.7 billion last year, up from ₱11.4 billion in 2024, on the back of a more robust commercial lending portfolio combined with improved operational efficiency. The bank said in a disclosure to...
Ayala-led Bank of the Philippine Islands (BPI) is planning to increase the frequency of its fund-raising activities, potentially moving toward monthly bond issuances, after a ₱50 billion offering saw demand surge to 10 times the initial target. BPI President and Chief Executive Officer Jose...
Ayala-led Bank of the Philippine Islands (BPI) raised ₱50 billion through an offering of social bonds, the lender’s largest-ever peso-denominated issuance as investors swarmed the deal. The final volume for the BPI SIGLA Bonds—an acronym for Supporting Individuals Grow, Lead, and...
A group of education workers on Tuesday, February 10, sounded the alarm over potential mass layoffs and the intensification of contractualization and privatization policies amid a planned World Bank-led review of the Commission on Higher Education (CHED). Alliance of Concerned Teachers (ACT)...
High-net-worth and ultra-high-net-worth individuals are shifting their focus to Asia and emerging markets (EMs), particularly equities and fixed-income instruments, which are seen to offer the best rewards for their investments in 2026. Ty-led Metropolitan Bank & Trust Co. (Metrobank) noted that...
Ayala-led Bank of the Philippine Islands (BPI) posted a 7.4 percent increase in full-year net income as robust lending across its retail and business segments offset surge in rainy-day buffers. In a disclosure to the Philippine Stock Exchange on Monday, Feb. 2, the bank reported record bottom line...
The Development Bank of the Philippines (DBP) is prepared to fund the redevelopment of Baguio City’s century-old public market, stepping in after a private sector-led proposal collapsed under local opposition. In a statement on Friday, Jan. 30, Michael O. de Jesus, DBP president and chief...
