BDO Unibank Inc.’s net income rose 3 percent to P40.6 billion in the first half of 2025 from P39.4 billion in the same period last year, led by strong performance across its core businesses, the lender said Monday.
The bank said in a stock exchange disclosure that earnings growth was “tempered by continuing investments in market coverage and IT spending for operational efficiency.”
BDO’s net interest income increased 7 percent, supported by a 14-percent growth in gross customer loans, which reached P3.4 trillion. This was fueled by double-digit expansion across all customer segments.
Deposits also grew by 8 percent to more than P4 trillion, with a current account/savings account (CASA) ratio of 69 percent.
Non-interest income surged by 15 percent, thanks to higher earnings from fee-based income and insurance operations.
The bank’s non-performing loan (NPL) ratio dropped to 1.75 percent, while NPL coverage remained robust at 140 percent, underscoring what it called “prudent risk management.”
BDO is set to issue its fourth ASEAN Sustainability Bonds on July 29, 2025, with a minimum offer size of P5 billion. The offering was met with strong demand, prompting an early close to the offer period.
The bonds, which will mature in 18 months, carry an interest rate of 5.875 percent per annum. Proceeds from the fundraising activity will go toward financing sustainable projects and expanding the bank’s green portfolio.
The bank earlier raised P52.7 billion in January 2022, P63.3 billion in January 2024 and P55.7 billion in July 2024 from sustainability bond issuances.
“Amid global uncertainties from geopolitical tensions and the imposition of tariffs, the Philippines is expected to remain resilient, supported by its consumer-driven economy and sustained domestic demand,” BDO said.
The bank said it “remains well-positioned to manage emerging risks and capitalize on opportunities given its robust capital base and diversified business franchise.”
