Asia United Bank (AUB) said Tuesday its net income in the first six months of 2025 climbed 17 percent to a record P6.1 billion from P5.2 billion in the same period last year.
The bank’s highest first-half income nearly matched its full-year 2022 performance of P6.3 billion, AUB said in a stock exchange disclosure.
AUB attributed the growth mainly to a 13-percent year-on-year increase in total revenues, which reached P11.2 billion from P9.9 billion.
The strong earnings translated into a return on assets (ROA) of 3.3 percent and return on equity (ROE) of 21.1 percent.
Earning assets rose 21 percent to P382.6 billion, boosting net interest income by 7 percent to P8.8 billion, with a net interest margin ratio of 5 percent.
Non-interest income jumped 40 percent to P2.4 billion on improved trading and foreign exchange gains and fees from operations such as credit cards, AUB PayMate, HelloMoney, remittances, trust services and other branch-related activities.
Operating expenses increased 8 percent to P3.6 billion, largely due to higher compensation, capital spending and business expansion.
AUB’s total loan portfolio grew 36 percent year-on-year to P255.6 billion from P187.9 billion. As a result, the bank increased its loan loss provisions by 134 percent.
Asset quality remained strong, with the non-performing loan (NPL) ratio improving to 0.41 percent from 0.43 percent a year ago. The bank’s NPL coverage ratio stood at 115.8 percent.
Total deposits rose 16 percent to P325.8 billion. Low-cost current and savings accounts (CASA) made up 79 percent of total deposits, up from 75 percent the year before.
Total assets climbed 16 percent to P404.5 billion, while total equity increased 26 percent to P64.9 billion, driven by retained earnings.
“Sustaining our profitability since the pandemic is no mean feat, thanks to our robust core business and digital partnerships,” AUB president Manuel Gomez said.
“We will remain relentless in our efforts to reach out to the unbanked and underserved, and in helping every Filipino achieve economic mobility,” said Gomez.
AUB last week declared a P2-per-share cash dividend to shareholders as of record date July 25, 2025.
 announced a record-high net income of P6.1 billion for the first half of the year, a 17% increase. This marks AUB's highest-ever first-half performance, driven by strong revenue growth and digital partnerships.%%excerpt%%){kind=link}