Chinabank’s net income up 14% to $222.83m in H1 2025

Both net interest income and net interest margin rose during the period.

China Banking Corporation (Chinabank) has reproted a net income of $222.83m (PHP13b) for the first six months of 2025, a record high.

This is a 14% increase over the same period last year, and translates to a return on equity of 15.2%, the Philippine bank said in a bourse filing on 30 July 2025.

Total revenue rose 34% to $666.77m (PHP38.9b), mainly from net interest income (NII) growth, which grew 15% to $598.21m (PHP34.9b). Higher asset yields and loan volumes lifted NII, the bank said.

Net interest margin rose 13 basis points (bp) to 4.57%.

Loans extended to the consumer and corporate segments rose by 18%, hitting $16.54b (PHP964.7b).

Non-performing loans (NPL) ratio is 1.6%, well below the industry average of 3.5%, Chinabank said.

The bank set aside higher credit provisions of $111.41m (PHP6.5b) during the period, for an NPL coverage of 125%.

Deposits rose by 5% to PHP1.3t, with a 10% growth in checking and savings accounts.

Operating expenses for the six-month period reached PHP16.6b on higher technology, manpower, and business volume-related costs, Chinabank said. Cost-to-income ratio is reportedly at 43%.

The bank will celebrate its 105th anniversary on 16 August 2025.

(US$1 = PHP58.34; as of 31 July 2025, Google, from Morningstar)