Financial Ratios Bank of the Philippine Islands

Equities

BPI

PHY0967S1694

Banks

Market Closed - Philippines S.E. Other stock markets 02:59:52 2026-03-09 am EDT			5-day change	1st Jan Change
101.60 ^PHP	-6.79%		-11.65%	-12.49%

Feb. 12	Bank of the Philippine Islands Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2025	CI
Feb. 11	Bank of the Philippine Islands, Q4 2025 Earnings Call, Feb 11, 2026

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Published financial data: BANK OF THE PHILIPPINE ISLANDS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Interest Income On Loans	82.31B	72.22B	84.91B	121B	160B
Interest Income On Investments	14B	12.39B	18.36B	24.67B	30.36B
Interest Income, Total	96.31B	84.62B	103B	146B	190B
Interest On Deposits	18.99B	10.17B	14.82B	36.03B	53.18B
Total Interest On Borrowings	5.06B	4.87B	3.38B	5.2B	9.19B
Interest Expense, Total	24.04B	15.03B	18.2B	41.22B	62.37B
Net Interest Income	72.26B	69.58B	85.07B	104B	128B
Income From Trading Activities	3.31B	97M	857M	1.92B	3.29B
Gain (Loss) on Sale of Assets	372M	477M	5.3B	407M	247M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	4.65B	1.51B	214M	2M	4M
Income (Loss) on Equity Invest. (Income Block)	487M	1.09B	1.06B	1.37B	2.74B
Total Other Non Interest Income	20.84B	24.65B	26.03B	30.45B	36.27B
Non Interest Income, Total	29.66B	27.82B	33.46B	34.15B	42.55B
Revenues Before Provison For Loan Losses	102B	97.4B	119B	138B	170B
Provision For Loan Losses	28B	13.14B	9.17B	4B	6.6B
Total Revenues	73.92B	84.27B	109B	134B	164B
Salaries And Other Employee Benefits	17.96B	18.57B	19.54B	23.3B	28.97B
Occupancy Expense	14.37B	15.72B	18.4B	21.51B	24.17B
Selling General & Admin Expenses, Total	1.08B	1.21B	2.74B	4.54B	4.92B
Total Other Non Interest Expense	14.31B	14.85B	16.96B	19.28B	24.5B
Non Interest Expense, Total	47.72B	50.36B	57.64B	68.63B	82.57B
EBT, Excl. Unusual Items	26.2B	33.91B	51.72B	65.87B	80.97B
Total Merger & Related Restructuring Charges	-	-	-	-179M	-563M
Legal Settlements	-430M	-373M	-349M	-477M	-665M
Other Unusual Items	-	-	-	1M	1M
EBT, Incl. Unusual Items	25.77B	33.54B	51.37B	65.21B	79.74B
Income Tax Expense	3.91B	9.43B	11.53B	13.3B	17.5B
Earnings From Continuing Operations	21.86B	24.11B	39.84B	51.91B	62.24B
Earnings Of Discontinued Operations	-211M	-	-	-	-
Net Income to Company	21.65B	24.11B	39.84B	51.91B	62.24B
Minority Interest	-243M	-230M	-231M	-225M	-191M
Net Income - (IS)	21.41B	23.88B	39.6B	51.69B	62.05B
Net Income to Common Incl Extra Items	21.41B	23.88B	39.6B	51.69B	62.05B
Net Income to Common Excl. Extra Items	21.62B	23.88B	39.6B	51.69B	62.05B
Per Share Items
Net EPS - Basic	4.35	4.86	8.05	10.9	11.78
Basic EPS - Continuing Operations	4.4	4.86	8.05	10.9	11.78
Basic Weighted Average Shares Outstanding	4.92B	4.92B	4.92B	4.74B	5.27B
Net EPS - Diluted	4.35	4.86	8.05	10.9	11.78
Diluted EPS - Continuing Operations	4.4	4.86	8.05	10.9	11.78
Diluted Weighted Average Shares Outstanding	4.92B	4.92B	4.92B	4.74B	5.27B
Normalized Basic EPS	3.28	4.26	6.53	8.64	9.57
Normalized Diluted EPS	3.28	4.26	6.53	8.64	9.57
Dividend Per Share	1.65	1.65	1.95	3.36	3.96
Payout Ratio	37.95	34.02	24.61	30.83	33.65
American Depositary Receipts Ratio (ADR)	20	20	20	20	20
Supplemental Items
Effective Tax Rate - (Ratio)	15.16	28.11	22.45	20.39	21.95
Total Current Taxes	10.75B	8.33B	12.44B	13.93B	16.76B
Total Deferred Taxes	-6.84B	1.1B	-906M	-635M	746M
Normalized Net Income	16.13B	20.96B	32.09B	40.94B	50.42B
Non-Cash Pension Expense	164M	298M	295M	229M	349M
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	47M	-41M	-8M	-84M	-32M
Total Stock-Based Compensation	47M	-41M	-8M	-84M	-32M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	176B	190B	90.25B	102B	144B
Investment Securities, Total	382B	481B	523B	610B	622B
Trading Asset Securities, Total	37.21B	21.33B	22.13B	23.65B	47.31B
Total investments	420B	502B	545B	633B	670B
Gross Loans	1,452B	1,532B	1,764B	1,938B	2,290B
Allowance For Loan Losses	-46.76B	-53.76B	-57.77B	-57.47B	-54.14B
Other Adjustments to Gross Loans	-5.01B	-6.16B	-7.19B	-8.8B	-12.3B
Net Loans	1,400B	1,473B	1,699B	1,872B	2,224B
Gross Property Plant And Equipment	44.36B	46.18B	50.5B	53.66B	58.05B
Accumulated Depreciation	-25.52B	-28.66B	-31.15B	-33.91B	-36.84B
Net Property Plant And Equipment	18.83B	17.52B	19.36B	19.75B	21.21B
Goodwill	-	-	-	-	9.52B
Other Intangibles, Total	2.53B	1.99B	2.32B	854M	9.21B
Investment in Real Estate	150M	165M	73M	69M	62M
Accrued Interest Receivable	8.98B	7.82B	11.19B	12.94B	18.12B
Other Receivables	3.39B	3.64B	6.97B	3.45B	4.66B
Restricted Cash	155B	176B	183B	186B	156B
Other Current Assets, Total	2.08B	2.4B	2.76B	3.25B	4.39B
Deferred Tax Assets Long-Term (Collected)	17.52B	15.82B	16.75B	18.18B	18.2B
Other Real Estate Owned And Foreclosed	2.97B	3.28B	3.76B	4.74B	8.41B
Other Long-Term Assets, Total	27.1B	28.84B	23.48B	31.17B	31.58B
Total Assets	2,233B	2,422B	2,604B	2,888B	3,319B
Liabilities
Accounts Payable, Total	7.77B	7.33B	5.84B	9.56B	10.04B
Interest Bearing Deposits	1,716B	1,955B	2,096B	2,295B	2,615B
Total Deposits	1,716B	1,955B	2,096B	2,295B	2,615B
Short-Term Borrowings	7.15B	4.58B	7.18B	4.7B	8.11B
Current Portion of Long-Term Debt	57.96B	48.26B	51.72B	69.86B	70.02B
Current Portion of Leases	1.77B	2.49B	3.42B	2.58B	2.96B
Long-Term Debt	93.99B	46.78B	45.79B	67.24B	93.16B
Long-Term Leases	6.04B	4.84B	6.68B	7.18B	6.86B
Current Income Taxes Payable	8.9B	8.41B	10.59B	14.97B	17.33B
Other Current Liabilities - (Bank / Utility Template)	21.45B	20.39B	29B	28.5B	30.11B
Other Non Current Liabilities	30.29B	28.52B	27.95B	29.29B	32.73B
Total Liabilities	1,951B	2,127B	2,284B	2,529B	2,886B
Common Stock, Total	45.04B	45.13B	49.19B	49.31B	52.61B
Additional Paid In Capital	74.76B	74.93B	104B	113B	143B
Retained Earnings	166B	182B	212B	205B	237B
Treasury Stock	-	-	-33.04B	-	-
Comprehensive Income and Other	-5.72B	-8.53B	-14.11B	-10.99B	-2.26B
Total Common Equity	280B	293B	318B	357B	430B
Minority Interest	2.12B	2.1B	2.08B	2.17B	2.22B
Total Equity	282B	295B	320B	359B	433B
Total Liabilities And Equity	2,233B	2,422B	2,604B	2,888B	3,319B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.92B	4.92B	4.92B	4.95B	5.27B
ECS Total Common Shares Outstanding	4.92B	4.92B	4.92B	4.95B	5.27B
Book Value / Share	56.9	59.59	64.61	72.23	81.65
Tangible Book Value	277B	291B	315B	356B	412B
Tangible Book Value Per Share	56.39	59.19	64.14	72.06	78.1
Total Debt	167B	107B	115B	152B	181B
Deposits at Interest - Cash	293B	331B	234B	254B	250B
Debt Equivalent of Unfunded Proj. Benefit Obligation	6.93B	4.36B	1.65B	2.86B	4.39B
Net Debt	-46.19B	-105B	2.4B	25.78B	-10.16B
Equity Method Investments, Total	7.51B	7.16B	7.23B	8.29B	10.9B
Full Time Employees	19.95K	18.62K	17.57K	18.98K	22.06K
Number Of Offices	1.17K	1.18K	1.13K	1.19K	1.27K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	21.41B	23.88B	39.6B	51.69B	62.05B
Depreciation, Depletion & Amortization	5.68B	6.11B	5.27B	6.6B	4.77B
Amortization of Goodwill and Intangible Assets - (CF)	339M	135M	172M	18M	484M
Total Depreciation, Depletion & Amortization	6.02B	6.25B	5.44B	6.62B	5.26B
(Gain) Loss On Sale of Asset - (CF)	-	-	-5.39B	-361M	703M
(Gain) Loss on Sale of Investments - (CF)	-	-	-189M	-929M	-2.26B
Total Asset Writedown	28B	13.14B	9.17B	27M	375M
Provision for Credit Losses	-	-	-	3.94B	5.39B
(Income) Loss On Equity Investments - (CF)	-487M	-1.09B	-1.06B	-1.37B	-2.74B
Stock-Based Compensation (CF)	47M	-41M	-8M	-84M	-32M
Provision and Write-off of Bad Debts	-	-	-	34M	-
Change in Trading Asset Securities	-13.27B	16.13B	-801M	-1.46B	-23.57B
Change In Income Taxes	315M	-707M	1.38B	798M	-587M
Change in Other Net Operating Assets (Collected)	33.04B	-93.02B	-228B	-184B	-236B
Other Operating Activities	-6.4B	2.96B	-4.36B	-1.08B	-4.01B
Net Cash From Discontinued Operations	-246M	-	-	-	-
Cash from Operations	68.43B	-32.5B	-184B	-126B	-196B
Capital Expenditure	-768M	-4.81B	-1.66B	-4.78B	-3.42B
Sale of Property, Plant, and Equipment	-	-	1.2B	2.14B	849M
Cash Acquisitions	-1.93B	1.43B	694M	769M	22.12B
Sale (Purchase) of Real Estate Properties (Collected)	6M	-12M	4.72B	-	-
Investment in Marketable and Equity Securities, Total	-46.51B	-102B	-46.21B	-77.23B	26.03B
Other Investing Activities, Total	-424M	834M	534M	-170M	-325M
Cash from Investing	-49.62B	-104B	-40.72B	-79.27B	45.26B
Long-Term Debt Issued, Total	1.11B	-	2.46B	39.6B	11.13B
Total Debt Issued	1.11B	-	2.46B	39.6B	11.13B
Long-Term Debt Repaid, Total	-1.46B	-58.81B	-1.62B	-1.89B	-2.07B
Total Debt Repaid	-1.46B	-58.81B	-1.62B	-1.89B	-2.07B
Issuance of Common Stock	361M	256M	208M	456M	573M
Repurchase of Common Stock	-	-	-	-372M	-
Common Dividends Paid	-8.12B	-8.12B	-9.74B	-15.93B	-20.88B
Common & Preferred Stock Dividends Paid	-8.12B	-8.12B	-9.74B	-15.93B	-20.88B
Net Increase (Decrease) in Deposit Accounts - (CF)	20.83B	239B	141B	199B	174B
Other Financing Activities, Total	-	-	-	-191M	-157M
Cash from Financing	12.72B	172B	132B	221B	162B
Net Change in Cash	31.52B	35.37B	-92.83B	15.36B	11.6B
Supplemental Items
Cash Interest Paid	25.77B	15.35B	17.24B	38.68B	61.86B
Cash Income Tax Paid (Refund)	11.6B	7.5B	12.94B	14B	16.08B
Net Debt Issued / Repaid	-348M	-58.81B	840M	37.71B	9.06B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.99	1.04	1.59	1.89	2.01
Return On Equity %	7.88	8.36	12.96	15.29	15.72
Return on Common Equity	7.87	8.34	12.97	15.32	15.76
Shareholders Value Added	-11.22B	-10.36B	3.13B	11.32B	15.62B
Margin Analysis
SG&A Margin	45.2	42.14	37.2	36.7	35.51
Net Interest Income / Total Revenues %	97.76	82.57	77.79	77.58	78.02
EBT Excl. Non-Recurring Items Margin %	35.44	40.24	47.29	48.97	49.51
Income From Continuing Operations Margin %	29.58	28.61	36.43	38.6	38.06
Net Income Margin %	28.96	28.34	36.22	38.43	37.94
Net Avail. For Common Margin %	29.25	28.34	36.22	38.43	37.94
Normalized Net Income Margin	21.82	24.88	29.35	30.44	30.83
Asset quality
Nonperforming Loans / Total Loans %	2.67	2.48	1.75	1.83	2.11
Nonperforming Loans / Total Assets %	1.74	1.57	1.19	1.23	1.46
Nonperforming Assets / Total Assets %	1.87	1.7	1.33	1.39	1.71
NPAs / Loans and OREO	2.87	2.69	1.96	2.07	2.47
NPAs / Equity	14.8	13.97	10.83	11.18	13.12
Allowance for Credit Losses / Nonperforming Loans %	120.66	141.65	187.08	162.2	111.95
Allowance for Credit Losses / Total Loans %	3.22	3.51	3.27	2.96	2.36
Capital And Funding
Total Average Common Equity / Total Average Assets %	12.38	12.31	12.15	12.29	12.69
Total Average Equity / Total Average Assets %	12.5	12.4	12.24	12.37	12.76
Total Equity + Allowance for Loan Losses / Total Loans %	22.5	22.63	21.29	21.39	21.16
Gross Loans / Total Deposits %	84.58	78.38	84.16	84.46	87.59
Net Loans / Total Deposits %	81.56	75.32	81.06	81.57	85.05
Tier 1 Capital Ratio %	18.19	17.5	18.47	16.77	13.86
Total Capital Ratio %	17.06	16.67	16.01	16.18	14.63
Core Tier 1 Capital Ratio	16.17	15.78	15.12	15.29	13.86
Tier 2 Capital Ratio	0.89	0.89	0.9	0.89	0.78
Coverage Ratio	77.34	96.53	112.77	99.15	77.35
Interbank Ratio	216.1	1.7K	279.87	181.01	145.95
Fixed Charges Coverage
EBT + Interest on Borrowings / Interest on Borrowings	6.09	7.89	16.19	13.55	9.68
EBT + Interest Expense / Interest Expense	2.07	3.23	3.82	2.58	2.28
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	10.2	-3.71	22.25	22.67	22.27
Non Interest Income, 1 Yr. Growth %	11.14	-6.19	20.26	2.07	25.26
Provision For Loan Losses, 1 Yr. Growth %	403.42	-53.09	-30.21	-56.37	65
Total Revenues, 1 Yr. Growth %	-14.74	14	29.77	22.99	21.75
Earnings From Cont. Operations, 1 Yr. Growth %	-24.61	10.28	65.23	30.31	19.9
Net Income, 1 Yr. Growth %	-25.67	11.54	65.85	30.51	20.05
Normalized Net Income, 1 Yr. Growth %	-32.89	29.96	53.08	27.58	22.8
Diluted EPS Before Extra, 1 Yr. Growth %	-24.82	10.45	65.85	35.37	8.08
Dividend Per Share, 1 Yr. Growth %	0	0	17.78	72.7	17.86
Gross Loans, 1 Yr. Growth %	-3.22	5.58	15.11	9.89	18.15
Allowance For Loan Losses, 1 Yr. Growth %	80.02	14.98	7.45	-0.51	-5.86
Net Loans, 1 Yr. Growth %	-4.58	5.2	15.38	10.19	18.78
Non Performing Loans, 1 Yr. Growth %	56.04	-2.06	-18.65	14.75	36.49
Non Performing Assets, 1 Yr. Growth %	49.07	-1.16	-16	15.99	41.31
Total Assets, 1 Yr. Growth %	1.29	8.44	7.52	10.92	14.9
Total Deposits, 1 Yr Growth %	1.23	13.92	7.2	9.5	13.93
Tangible Book Value, 1 Yr. Growth %	3.95	4.96	8.36	12.98	15.55
Common Equity, 1 Yr. Growth %	3.81	4.73	8.42	12.43	20.51
Total Equity, 1 Yr. Growth %	3.27	4.68	8.35	12.37	20.4
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	13.99	3.01	8.5	22.46	22.47
Non Interest Income, 2 Yr. CAGR %	18.83	2.1	6.21	10.79	12.77
Provision For Loan Losses, 2 Yr. CAGR %	143.59	53.67	-42.78	-44.82	-15.15
Total Revenues, 2 Yr. CAGR %	1.4	-1.41	21.63	26.33	22.29
Earnings From Cont. Operations, 2 Yr. CAGR %	-2.93	-8.82	34.98	46.74	25
Net Income, 2 Yr. CAGR %	-3.68	-8.95	36.01	47.12	25.17
Normalized Net Income, 2 Yr. CAGR %	-7.11	-6.69	41.05	39.75	25.34
Diluted EPS Before Extra, 2 Yr. CAGR %	-5.09	-8.94	35.35	49.83	20.96
Dividend Per Share, 2 Yr. CAGR %	0	0	8.53	42.62	42.67
Gross Loans, 2 Yr. CAGR %	2.6	1.08	10.24	12.47	13.95
Allowance For Loan Losses, 2 Yr. CAGR %	42.89	43.87	11.15	3.39	-3.19
Net Loans, 2 Yr. CAGR %	1.84	0.19	10.17	12.76	14.41
Non Performing Loans, 2 Yr. CAGR %	23.54	23.63	-10.74	-3.38	25.15
Non Performing Assets, 2 Yr. CAGR %	20.46	21.38	-8.89	-1.29	28.03
Total Assets, 2 Yr. CAGR %	3.49	4.8	7.98	9.21	12.89
Total Deposits, 2 Yr CAGR %	4.03	7.39	10.51	8.35	11.69
Tangible Book Value, 2 Yr. CAGR %	6.29	4.45	6.65	10.65	14.26
Common Equity, 2 Yr. CAGR %	6.11	4.26	6.55	10.4	16.4
Total Equity, 2 Yr. CAGR %	5.87	3.97	6.5	10.34	16.32
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	14.58	7.75	9.06	13.03	22.4
Non Interest Income, 3 Yr. CAGR %	8.88	9.83	7.83	4.81	15.22
Provision For Loan Losses, 3 Yr. CAGR %	94.68	40.67	18.12	-47.72	-20.5
Total Revenues, 3 Yr. CAGR %	3.22	5.43	8.05	22.08	24.73
Earnings From Cont. Operations, 3 Yr. CAGR %	-1.3	1.29	11.16	33.41	37.18
Net Income, 3 Yr. CAGR %	-1.52	1.15	11.2	34.15	37.48
Normalized Net Income, 3 Yr. CAGR %	-3.56	3.89	10.05	36.4	33.98
Diluted EPS Before Extra, 3 Yr. CAGR %	-5.58	-0.17	11.2	35.35	34.38
Dividend Per Share, 3 Yr. CAGR %	0	0	5.61	26.7	33.84
Gross Loans, 3 Yr. CAGR %	5.85	3.58	5.56	10.12	14.33
Allowance For Loan Losses, 3 Yr. CAGR %	31.29	32.9	30.53	7.12	0.24
Net Loans, 3 Yr. CAGR %	5.29	2.95	5.02	10.18	14.73
Non Performing Loans, 3 Yr. CAGR %	33.59	14.34	7.53	-2.94	8.41
Non Performing Assets, 3 Yr. CAGR %	28.13	12.77	7.36	-1.25	11.25
Total Assets, 3 Yr. CAGR %	5.47	5.12	5.7	8.95	11.07
Total Deposits, 3 Yr CAGR %	3.18	7.23	7.33	10.17	10.18
Tangible Book Value, 3 Yr. CAGR %	15.87	5.85	5.74	8.72	12.26
Common Equity, 3 Yr. CAGR %	15.7	5.65	5.63	8.48	13.67
Total Equity, 3 Yr. CAGR %	15.38	5.47	5.41	8.42	13.6
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	12.35	10.43	12.11	13.41	14.24
Non Interest Income, 5 Yr. CAGR %	6.02	2.85	7.8	10.21	9.78
Provision For Loan Losses, 5 Yr. CAGR %	47.76	22.3	19.29	-3.25	3.48
Total Revenues, 5 Yr. CAGR %	4.78	6.42	10.22	13.34	13.53
Earnings From Cont. Operations, 5 Yr. CAGR %	3.54	1.6	11.87	17.47	16.5
Net Income, 5 Yr. CAGR %	3.26	1.61	12.06	17.5	16.59
Normalized Net Income, 5 Yr. CAGR %	1.73	4.46	12.28	16.98	15.93
Diluted EPS Before Extra, 5 Yr. CAGR %	0.65	-1.13	9.05	17.44	15.01
Dividend Per Share, 5 Yr. CAGR %	0	0	3.33	15.26	19.11
Gross Loans, 5 Yr. CAGR %	10.21	7.63	7.58	7.05	8.83
Allowance For Loan Losses, 5 Yr. CAGR %	23.37	23.55	22.83	20.2	15.83
Net Loans, 5 Yr. CAGR %	9.88	7.22	7.22	6.77	8.68
Non Performing Loans, 5 Yr. CAGR %	21.35	19.17	13.69	6.89	14.26
Non Performing Assets, 5 Yr. CAGR %	16.9	16.21	11.8	6.92	15.19
Total Assets, 5 Yr. CAGR %	8.05	7.01	6.46	6.73	8.52
Total Deposits, 5 Yr CAGR %	6.11	6.44	6.06	7.67	9.05
Tangible Book Value, 5 Yr. CAGR %	13.35	12.32	12.09	7.74	9.07
Common Equity, 5 Yr. CAGR %	13.24	12.16	11.95	7.53	9.81
Total Equity, 5 Yr. CAGR %	13.05	11.97	11.74	7.4	9.65