• Net income up 6 percent to P87.20 billion
• Gross loans climbed 13 percent to P3.7 trillion
• Non-performing loan ratio improved to 1.68 percent
• Common equity tier 1 ratio steady at 13.8 percent
BDO Unibank Inc., the country’s largest lender by assets, booked a record P87.2 billion net income in 2025, up over 6 percent from P82 billion last year, fueled by expansion in its core lending and fee businesses.
This builds on earnings of P82 billion last year, although at a slower pace than the previous 12 percent growth.
Return on average common equity was 14.4 percent, reflecting steady profitability despite competitive funding conditions.
Dividends declared
The board of directors approved a regular cash dividend of Php 1.10 per share on Feb 27, 2026, with a record date of Mar 13, 2026 and payment set for Mar 27, 2026.
The dividend will be sourced from surplus profits of the bank, net of previously issued dividends and capital adjustments, with no other regulatory approvals required.
Loan book now at P3.7 trillion
Net interest income rose 9 percent as gross customer loans grew 13 percent to P3.7 trillion, with double-digit gains across corporate, middle market and consumer segments.
Deposits increased 10 percent, while the current account and savings account ratio stood at 68 percent, helping manage funding costs. Non-interest income also advanced 9 percent, while insurance operations posted a 10 percent increase.
Asset quality and balance sheet
Asset quality strengthened, with the non-performing loan ratio easing to 1.68 percent from 1.83 percent a year earlier. Coverage remained strong at 133 percent, providing a cushion against potential risks.
Shareholders’ equity expanded 12 percent on sustained earnings. Book value per share rose 11 percent to P119.03, lifting intrinsic value for investors.
Capital and funding
Capital buffers stayed firm, with the common equity tier 1 ratio at 13.8 percent, giving the bank room to pursue further growth.
In July, BDO issued its fourth peso-denominated Asean Sustainability Bond, raising P115 billion to fund eligible assets, back lending activity and diversify funding sources.
—Edited by Miguel R. Camus
