Tuesday, 24 June 2025
3 Jun 2025
10:10PM
SMC-backed BankCom beats projections, boosts dividends by 79%
Bank of Commerce (BankCom), an affiliate of tycoon Ramon S. Ang’s San Miguel Corp., has beat its long-term targets one year ahead of schedule, after posting a record P3 billion net income in 2024, its strongest performance since joining the San Miguel Group in 2008.
2 May 2025
7:00PM
SMC-backed Bank of Commerce delivers P867M Q1 profit as core revenues climb
Bank of Commerce, an affiliate of San Miguel Corporation, opened 2025 with a solid P866.79 million net income in the first quarter, up 13 percent from the same period last year.
19 Feb 2025
3:53PM
BankCom’s P18-B bond sale sees ‘overwhelming response’
Surging investor demand propelled Bank of Commerce (BankCom), a San Miguel Corp. (SMC) affiliate, to raise a record P18 billion in its latest peso bond offering—3.6 times its minimum offer of P5 billion.
28 Jan 2025
10:53AM
Bank of Commerce launches P5-B bond sale, offers up to 6.35% interest
Bank of Commerce, an affiliate of San Miguel Corp., has opened a public offer for dual-tranche fixed-rate bonds under its P50-billion peso bond program, targeting a minimum of P5 billion with an oversubscription option.
4 Dec 2024
2:45PM
SMC’s BankCom posts P2.21-B profit, rides on lending and fee earnings
Bank of Commerce (BankCom), an affiliate of San Miguel Corp., reported an unaudited net income of P2.21 billion as of September 30, 2024, marking a 10-percent increase year-on-year.
15 Aug 2024
12:57PM
SMC's Bank of Commerce grows first half profit by 11%
Conglomerate San Miguel Corp.’s affiliate, Bank of Commerce (BankCom), reported an 8 percent rise in total revenues, reaching P5.23 billion in the first half of 2024.
15 May 2024
11:40AM
Bank of Commerce grows Q1 2024 profit by 8 percent
Conglomerate San Miguel Corp.’s affiliate Bank of Commerce reported a net profit of P769.18 million for the first quarter of 2024.
10 May 2024
2:10PM
Bank of Commerce secures P6.57 billion from oversubscribed bond sale
By: Miguel R. Camus
San Miguel Corporation affiliate Bank of Commerce is gearing up for further expansion and debt refinancing after raising P6.57 billion from its bond offer, which was oversubscribed by 1.3 times.
30 Apr 2024
9:27AM
Bank of Commerce launches P5 Billion bond sale
By: Miguel R. Camus
Bank of Commerce is strengthening its balance sheet with a P5 billion bond sale that will run through May 9 this year.
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