RCBC posts ₱1.517t in assets in strong Q1 2025 performance

The report showed a QoQ increase in both solo and consolidated assets. On a solo basis, RCBC’s total assets rose to ₱1.509t.

Rizal Commercial Banking Corporation (RCBC) reported strong financial performance in the first quarter of 2025, with consolidated assets reaching ₱1.517t, according to its latest filing with the Securities and Exchange Commission (SEC).

The report showed a QoQ increase in both solo and consolidated assets. On a solo basis, RCBC’s total assets rose to ₱1.509t, up from ₱1.452t the previous quarter.

Net loans and receivables climbed to ₱702.6b in the solo statement, while consolidated figures show loans at ₱708.3b. The bank also reported ₱170.6b in financial assets at fair value through other comprehensive income (FVOCI).

Cash and due from Bangko Sentral ng Pilipinas and other banks totaled ₱73.5b.

Deposit liabilities stood at ₱971.9b on a solo basis, with interbank loans payable at ₱14.76b. RCBC also reported ₱78.4b in other borrowings and ₱46.8b in outstanding bonds.

Total liabilities reached ₱1.349t (solo) and ₱1.358t (consolidated), with equity remaining steady at around ₱159.9b.

The bank maintained a solid capital adequacy position, with a consolidated Common Equity Tier 1 (CET1) ratio of 13.47% and a Capital Adequacy Ratio (CAR) of 15.98%. Liquidity coverage was also strong at 171.49%.

Non-performing loan (NPL) ratios showed slight increases: gross NPLs rose to 4.32% (from 4.31%), while net NPLs reached 2.45%. Despite these upticks, RCBC posted a net interest margin of 4.13% and a return on equity of 6.04%.

The disclosure also noted ₱880.27b in total contingent accounts, including ₱7.48b in guarantees issued.