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Net income

BPI net income up 73% for the first half of 2022

MAKATI CITY, Philippines — Bank of the Philippine Islands delivered strong first half results posting a net income of P20.4 billion up 73.0% year-on-year on higher revenues and lower provisions.

Philippine Business Bank

Philippine Business Bank’s net income grew 93.4%

Philippine Business Bank (PBB) reported a net interest income of ₱1,295.5 million in the first three months of 2022. Core income grew to ₱732.3 million from ₱725.2 million. Pre-tax pre-provision

SM net income grows 65% to PHP38.5B in 2021

SM Investments Corporation reported its net income increased 65% to PHP38.5 billion in 2021 from PHP23.4 billion in 2020. Consolidated revenues grew 9% to PHP428.1 billion compared with PHP394.2 billion