Photo from Pixabay

BPI’s first half earnings leaps one-fourth from last year’s

It reached a consolidated net earnings of P25.3b during the period.

The Bank of the Philippine Islands saw its consolidated earnings jump 22.8% year-on-year (YoY) to $450m (P25.3b) in the first half of the year.

It’s interest income for the period also surged nearly half (46.7%) from last year to $1.20b (P68.1b).

For the April to June period, the bank’s net income saw a 4.3% climb to $230m (P13.1b), whilst its interest earnings skyrocketed 48.5% to $630m (P35.7b).

ALSO READ: BPI net income up 23% to $461.09m

On the other hand, net interest expense nearly tripled (154.1%), reaching $320m (P18.0b) for the first half of the year. Likewise, in the three-month period, it also surged (165.5%) to $170m (P9.7b).

(P1.00 = $0.018)


Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


Bank DBS Indonesia avails fast, reliable and sustainable corporate banking
Its ESG-based bank financing, as reflected in sales and asset under management, proves to be an IDR1.8t (US$117m) success.
Italy brings its strong suits to Singapore’s fintech expo
Italian trade executive says 9 firms at the Singapore Fintech Festival 2023 exemplify the diverse range of products and expertise Italy can bring to the table.
Digibank by DBS sets new digital banking standards
Apart from speed and convenience, DBS stays ahead with exceptional personalisation, open banking, and enhanced security.