28-07-2025
BDO nets P40.6B in H1 2025, up 3%
Sy family's banking giant BDO Unibank Inc. posted a net income of P40.6 billion in the first six months of 2025 on the back of strong performance of its core businesses.
In a statement on Monday, BDO said its first half net income grew by 3% from P39.4 billion in the same period last year.
The bank said its bottom line growth was tempered by the continuing investments in market coverage and IT spending for operational efficiency.
BDO reported its net interest income rose by 7% as gross customer loans climbed by 14% to P3.4 trillion, 'with broad-based growth across all market segments.'
Meanwhile, deposits widened by 8% to hit P4 trillion, with a Current Account/Savings Account (CASA) ratio of 69%.
The bank added its non-interest income, likewise, grew by 15%, driven by the significant contributions from fee-based income and income from insurance operations.
The Sy-led lender said it is set to issue its fourth ASEAN Sustainability Bonds on July 29, 2025 with a minimum aggregate issue size of P5 billion.
'Originally set to run from July 9 to 22, 2025, the strong demand from both retail and institutional investors prompted the early closing of the offer on July 14, 2025,' it said.
'The net proceeds will be used to finance and/or refinance eligible projects and further support the growth of the Bank's sustainable portfolio,' it added.
Amid global uncertainties arising from geopolitical tensions and the imposition of US tariffs, BDO said that the Philippines is expected to remain resilient, supported by its consumer-driven economy and sustained domestic demand.
'Likewise, the bank remains well-positioned to manage emerging risks and capitalize on opportunities given its robust capital base and diversified business franchise,' the lender said. —VAL GMA Integrated News
