Profit still rose 7.4 percent to P66.62 billion, but the pace slowed sharply from the prior year’s 20 percent jump, a stock exchange filing on Monday showed.
Revenues continued to expand, up 14.8 percent to P195.3 billion, lifted by net interest income of P148 billion as the loan book grew.
Total loans climbed 14.7 percent to P2.6 trillion, driven mainly by business banking, credit cards, and personal lending.
Credit costs went up in 2025
At the same time, BPI became more defensive.
It set aside P17.8 billion in provisions, up 168.9 percent, even as asset quality stayed steady with nonperforming loans at 2.18 percent.
Operating expenses rose 9.9 percent to P92.1 billion, though the cost-to-income ratio still improved to 47.2 percent on stronger revenues.
Funding remained stable, with deposits reaching P2.8 trillion and current and savings accounts making up 60.7 percent of the base.
—Edited by Miguel R. Camus
