Philstar
BDO earnings grow to P40.6 billion in H1
BDO Unibank Inc. reported a 3% increase in its first-semester income, reaching P40.6 billion, driven primarily by its core lending business.
The bank's net interest income grew by 7%, supported by a significant 14% expansion in gross customer loans to P3.4 trillion.
Asset quality improved as the nonperforming loans ratio decreased to 1.75% from 2.06%.
Noninterest income also saw a positive trend, rising by 15% due to increased gains from fee-based services and insurance.
Despite the positive results, BDO's overall growth was somewhat moderated by investments in market coverage and higher IT spending.
BDO president and CEO Nestor Tan had previously expressed caution about potential slower growth for the year, citing global uncertainties that could affect loan demand.
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BDO Unibank Inc. reported a 3 percent increase in net income for the first half of 2025, reaching P40.6 billion.
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BDO Unibank Inc. reported a net income of P40.6 billion in the first half of 2025, a 3% increase from the previous year.
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Philippine National Bank (PNB) reported a 21.63% increase in net earnings for the first semester, reaching P12.52 billion, driven by sustained improvements in core revenues.
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