“Our first quarter results reflect the fruits of the concerted efforts across all our different businesses to drive organic growth and support our customers,” said Chinabank president and CEO Romeo D. Uyan Jr.
Key financial figures
Net interest income rose 14 percent to P17.1 billion, with margins steady at 4.5 percent despite higher deposit costs.
Loan book grew 19 percent to P954 billion, while improved asset quality allowed a 6 percent cut in credit provisions.
Deposits climbed 8 percent to P1.3 trillion, driven by gains in CASA and time deposits.
Operating expenses increased 17 percent to P8.4 billion, but revenues still grew 8 percent to P16.3 billion; total assets hit P1.7 trillion.
Chinabank chief financial officer Patrick D. Cheng emphasized the bank’s digital shift: “We expect to provide better service, expand our customer base, and deepen client relationships with the launch earlier this year of our enhanced mobile app, My CBC, and other digital initiatives in the pipeline.”
The bank declared P6.7 billion in cash dividends this year, up 14 percent, with a payout ratio of 27 percent. Shareholders of record as of May 9, 2025, will receive P2.50 per share—P1.50 regular and P1.00 special—on May 22.
