Philippine Business Bank reported that its net income inched up three percent to ₱1.07 billion in the first half of 2025 from ₱1.03 billion in the same period last year as interest income rose despite stiffer competition and higher provisioning. In a disclosure to the Philippine Stock Exchange,...
Despite an accelerated loan loss provisioning, Alfredo Yao 's Philippine Business Bank managed to grow its net income by 15.4 percent to ₱590.0 million in the first quarter of 2025 from the ₱511.5 million earned in the same period last year on the back of higher margins. In a disclosure to...
Philippine Business Bank reported that its net income dipped to ₱1.8 billion last year from the ₱1.82 billion earned in 2024 as lower trading offset higher core earnings. In a disclosure to the Philippine Stock Exchange, the bank said its interest income grew 14.4 percent to ₱10.6 billion in...
Philippine Business Bank (PBB), a local lender controlled by beverages tycoon Alfredo Yao, reported that its net income leaped 57.1 percent to P1.8 billion in the first nine months of 2024 from the P1.15 billion it earned in the same period last year. In a disclosure to the Philippine Stock...
Beverages tycoon Alfredo Yao's Philippine Business Bank (PBB) posted an 18.8 percent growth in net income to P1.03 billion in the first half of 2024, compared to the P869.2 million generated in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the bank said...
Tycoon Alfredo Yao's Philippine Business Bank (PBB) reported a five percent improvement in net income to P511.5 million for the first three months of the year from the P488.8 million earned in the comparative period of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its...
Businessman Alfredo Yao's Philippine Business Bank (PBB) reported a 39.1 percent jump in net income to P1.82 billion last year from the P1.31 billion earned in 2022 as core income reached P3.1 billion. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its pre-tax...
The Philippine Business Bank (PBB) reported a 23.6 percent rise in its net income to P1.1 billion in the first nine months of 2023 compared to P926 million in the same period in 2022, attributed to its balance sheet expansion and better operating efficiency. The bank noted a strong performance in...
Philippine Business Bank (PBB) is planning a P500-million stock rights offering after its principal shareholders injected P1.25 billion in fresh capital into the bank to support its increase in authorized capital stock. In a disclosure to the Philippine Stock Exchange, PBB said its Board of...
Philippine Business Bank (PBB) reported a 93.4 percent jump in net income to P310 million in the first quarter of 2022 from P160 million in the same period last year as core income grew to P732.3 million from P725.2 million. In a disclosure to the Philippine Stock Exchange, the bank said its net...
The Philippine banking industry was not spared from the onslaught of the COVID-19 pandemic. Banks incurred major losses due to the economic slump caused by the lockdown from suffering loan defaults, to interest rate cuts, and deficits, among others. Despite these, the banking sector remained...
Philippine Business Bank (PBB) reported a 59 percent fall in net income to P160 million in the first quarter of 2021 from the P394 earned in the same period last year due to mark-to-market trading losses. However, in a disclosure to the Philippine Stock Exchange, the bank said its core income grew...