The country’s largest lender said gross customer loans rose 14 percent to P3.5 trillion, while deposits expanded 10 percent, with two-thirds held in low-cost checking and savings accounts—a sign of strong liquidity and lending appetite.
Management’s view
“The Philippines is expected to demonstrate continued resilience despite global trade uncertainties from higher U.S. tariffs and local political issues, supported by stable inflation and strong domestic consumption,” BDO said in a statement on Monday.
“Meanwhile, the bank’s robust capital foundation and diversified business portfolio position it well to navigate current risks and capitalize on emerging growth prospects,” it added.
Breaking down BDO’s performance
Non-interest income rose 14 percent, driven by a 15 percent jump in fee-based businesses, while net interest income grew 8 percent. Asset quality aslo remained stable with a bad loans ratio of 1.77 percent and coverage at 134 percent, underscoring prudent risk management.
Shareholders’ equity increased 10 percent, lifting book value per share to P116.42 as capital strengthened with a CET1 ratio of 14.4 percent.
Return on average common equity stood at 14.1 percent, supported by consistent profitability across business lines.
—Edited by Miguel R. Camus
