SY-LED BDO Unibank, Inc. posted a net income of P40.6 billion in the first half of 2025, up 3 percent from P39.4 billion a year ago and driven by the continued strength of its core businesses amid sustained investments in market expansion and operational upgrades.
“Earnings growth was sustained, driven by strong performance of core businesses, tempered by investments in market coverage and improving capacity for operational efficiency,” the bank told the stock exchange on Monday.
Gross customer loans expanded by 14 percent to P3.4 trillion, showing broad-based growth across all market segments, while deposits likewise grew by 8 percent to over P4.0 trillion, with the bank maintaining a 69 percent current account/savings account ratio.
Net interest income rose 7 percent, while non-interest income jumped 15 percent, bolstered by “significant contributions from fee-based income and income from insurance operations.”
BDO also reported improved asset quality, with its non-performing loan (NPL) ratio down to 1.75 percent and NPL coverage remaining stable at 140 percent.
Shareholders’ equity strengthened by 12 percent, with book value per share rising to P113.04, while the capital adequacy ratio remained strong at 15.4 percent.
Despite geopolitical tensions and new US tariffs, the bank said the Philippines “is expected to remain resilient, supported by its consumer-driven economy and sustained domestic demand.”
BDO added it remained well-positioned to “manage emerging risks and capitalize on opportunities given its robust capital base and diversified business franchise.”
BDO shares on Monday shed P3.20, or 2.1 percent, to close at P149.00 each amid a 0.52-percent drop for the benchmark Philippine Stock Exchange index.
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