SY-LED BDO Unibank Inc. saw a 12 percent year-on-year (YoY) increase in net income in the first six months of 2024 to P39.4 billion from P35.2 billion a year ago, on stronger momentum from its core intermediation and fee-based service businesses.
The country’s largest universal bank in terms of assets told the stock exchange that its annualized return on common equity (ROCE) also improved, from 14.3 percent in the first quarter of this year to 15.8 percent in the second quarter.
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