PNB reports 28.95% earnings increase for H1 2025

Philippine National Bank (PNB) reported a 28.95 percent increase in earnings to P12.52 billion for the first half of 2025, driven by strong lending activities and strategic initiatives.

Net interest income climbed by 7 percent to P25.77 billion due to growth in loans and investment securities, which increased by 5 percent and 11 percent respectively.

Service fees and commission income surged by 24 percent to P2.82 billion, reflecting higher returns from deposits, credit cards, and bancassurance services.

Trading gains and foreign exchange revenues also saw significant boosts, rising by 64 percent to P3.14 billion.

PNB's total assets reached P1.29 trillion as of the end of June, while deposit liabilities breached the P1-trillion mark for the first time.

Edwin Bautista, president and CEO of PNB, attributed the double-digit growth in profitability to strategic initiatives that are now yielding positive results and emphasized the bank's focus on technology and strategic alliances to unlock new revenue streams.