PH banks profit up 10.6% to P101.9 billion in Q1 2025

Philippine banks collectively earned P101.9 billion in the first quarter of 2025, marking a 10.6% increase from the previous year.

This profit growth was driven by a rise in net interest income, which grew by 11.6% to P276.23 billion.

Interest income saw an 11.1% increase, reaching P395.99 billion, while interest expenses rose by 9.6% to P119.32 billion.

Non-interest income also contributed significantly, increasing by 14.5% to P60.67 billion.

Earnings from fees and commissions were particularly strong, up by 19.2% to P44.59 billion.

However, trading income experienced a reversal, recording a net loss of P1.17 billion compared to a gain in the prior year.

Lenders' non-interest expenses also increased by 13.1% to P191.01 billion during the same period.