BusinessWorld Online
BPI net income climbs to P33 billion in 1
Bank of the Philippine Islands (BPI) reported a 7.8 percent increase in net income for the first half of 2025, reaching P33 billion.
The bank's total revenues saw a significant jump of 14 percent, amounting to P92.6 billion, primarily due to a 16.2 percent surge in net interest income to P71.2 billion.
Non-interest income also contributed positively, rising by 7.4 percent to P21.4 billion, bolstered by earnings from credit cards, insurance, and wealth management services.
Operating expenses for the first half increased 11.7% to P42.7 billion, as the bank spent on technology, business volume-related expenses, and manpower structural increases.
The bank set aside P7.3 billion in loan loss provisions during the period, more than double the P3 billion it booked last year.
BPI's non-performing loan (NPL) ratio stood at 2.25 percent, while NPL coverage improved to 97.1 percent as of end-June.
BPI's assets grew by 9.3 percent year-on-year to P3.4 trillion, while loans expanded by 14.1 percent to P2.4 trillion.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
Bank of the Philippine Islands (BPI) reported a 7.8 percent increase in its first-semester net earnings, reaching P33 billion, driven primarily by robust revenues from its core lending operations.
Read more →
BPI reported a nearly 8% profit growth, reaching P33 billion in the first half of the year, primarily fueled by a significant increase in net interest income.
Read more →