Bank of Commerce reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was PHP 1,735.87 million compared to PHP 1,381.63 million a year ago. Net income was PHP 601.58 million compared to PHP 321.35 million a year ago. Basic earnings per share from continuing operations was PHP 0.43 compared to PHP 0.27 a year ago. Diluted earnings per share from continuing operations was PHP 0.35 compared to PHP 0.26 a year ago.
For the nine months, net interest income was PHP 4,818.61 million compared to PHP 3,989.45 million a year ago. Net income was PHP 1,488.49 million compared to PHP 625.73 million a year ago. Basic earnings per share from continuing operations was PHP 1.06 compared to PHP 0.54 a year ago. Diluted earnings per share from continuing operations was PHP 0.86 compared to PHP 0.51 a year ago.