The Daily Tribune
BDO banks net income of P40.6 billion in the first half of 2025
BDO Unibank Inc. reported a 3 percent increase in net income for the first half of 2025, reaching P40.6 billion.
Despite investments in market coverage and technology, the bank's core business showed strong performance.
Gross loans grew by 14 percent to P3.4 trillion, while deposits increased by 8 percent to over P4 trillion, boosting interest income by 7 percent.
Non-interest income saw a significant jump of 15 percent, driven by fees and insurance operations.
The bank also noted an improvement in asset quality, with non-performing loans falling to 1.75 percent.
In the first quarter of 2025, BDO's net income rose to P19.7 billion.
President Nestor Tan expressed optimism for continued growth, particularly from the underserved sector, and projected the opening of 100 to 120 new branches within the year.
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BDO Unibank Inc. reported a 3% increase in its first-semester income, reaching P40.6 billion, driven primarily by its core lending business.
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