RCBC’s net income up 11% to $183.71m in 2025 on loan and card growth

Credit card receivables rose due to the “successful acquisition of affluent customers.”

Rizal Commercial Banking Corporation (RCBC) saw its net income rise 11% year-on-year (YoY) to $183.71m (PHP10.6b) in FY2025, according to a filing at the Philippine Stock Exchange (PSE).

The Philippine-based bank attributed this to a 32% increase in its net interest income (NII) and a 25% rise in service fees.

NII rose from a “more diverse funding base, which lowered costs,” the bank said.

Consumer loans also expanded 29% during the year, leading to an 89-basis point (bp) improvement in RCBC’s net interest margin (NIM) to 4.77%. The loan performance also led to higher service fees, the bank said. Gross consumer loans grew 7%.

Credit card receivables expanded 32%, with an 18% increase in issued cards, which was attributed to the successful acquisition of affluent customers, it said.

RCBC said that the double digital receivables growth was thanks to its “strategic use of data analytics to deepen cardholder engagement and loyalty.” Amongst payment solutions introduced in the past year include Google Pay and a tap-to-phone solution.

Return on equity rose 62 bp to 6.65%, whilst return on assets (ROA) is 0.81%.

RCBC’s total assets is at $24.26b (PHP1.4t), with PHP1t in deposits. The bank has 453 branches and 1,515 ATMs.

(US$1 = PHP57.71)