BDO Unibank, Inc. (BDO) posted a net income of ₱63.6 billion in the first nine months of 2026, up from ₱63.1 billion in the same period last year, underscoring the sustained strength of its core business segments despite the challenging economic environment. Return on equity stood at 13.1%.
The Bank continued its strong operational performance, supported by robust loan growth, double-digit pre-provision operating profit growth and further improvement in asset quality.
Net interest income increased 11% year-on-year as gross customer loans grew 16% to ₱4.1 trillion, driven by broad-based loan portfolio growth across all segments. Total deposits advanced 11%, with current and savings account (CASA) increasing 5%. Non-interest income rose 3%. Operating expense growth remained well managed and within single-digit levels.
Asset quality improved further during the period despite strong lending momentum, with the non-performing loan (NPL) ratio declining to 1.60% from 1.77% a year earlier. NPL coverage ratio remained stable at 132%.
Shareholders’ equity rose 6%, with book value per share increasing 6% to ₱123.6. The Bank’s common equity Tier 1 (CET1) ratio was at 12.6%.
BDO remains poised to capitalize on opportunities that support its long-term growth objectives amid changing market conditions and a dynamic operating environment, backed by its diversified business model, solid financial position, and market-leading franchise.
