The Securities and Exchange Commission (SEC) has cleared a plan by PNB Holdings Corp., the real estate arm of Philippine National Bank, to list its shares on the local bourse by way of introduction, paving the way for the lender to unlock value from its prime property portfolio. The Commission En...
Ayala Corp., the Philippines’ oldest conglomerate, posted record core earnings for a third consecutive year as gains in its real estate and banking units shielded the group from the slump in its energy and telecommunications businesses. In a disclosure to the Philippine Stock Exchange, the firm...
The Bank of the Philippine Islands (BPI) has launched its new Debit Mastercard made from 100% recycled, PVC free plastic, reinforcing the bank’s push for more sustainable banking solutions. The new Debit Mastercard is free for clients who open an account through a BPI branch, as well as for...
The Bank of the Philippine Islands (BPI) extended a ₱6.1 billion project finance facility to Cornerstone Energy Development Inc. (CEDI), a subsidiary of Aboitiz Renewables Inc., marking the lender’s latest move to solidify its position in the sustainable finance market. BPI said the funding...
Philippine Savings Bank (PSBank), a subsidiary of Metropolitan Bank & Trust Co. (Metrobank), reported a 33-percent drop in net income to ₱3.5 billion last year from the record-high ₱5.21 billion earned in 2024 due to higher credit provisions in 2025. In a disclosure to the Philippine Stock...
Aboitiz Equity Ventures Inc. reported that consolidated core net income remained unchanged at ₱25.5 billion for last year, as growth in its food and beverage segments offset earnings drag from its power generation arm. In a disclosure to the Philippine Stock Exchange, the diversified investment...
Ty-led Metropolitan Bank & Trust Co. (Metrobank) is planning to issue its first Association of Southeast Asian Nations (ASEAN) sustainability peso-denominated fixed-rate bonds to raise at least ₱5 billion, with an oversubscription option and a tenor of 1.5 years. In a disclosure to the Philippine...
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...
