East West Banking Corp., the financial arm of the Gotianun group, said Friday its net income grew 19 percent in the first half of 2025 to P4.1 billion from a year ago on the back of strong core revenue generation.
The bank said its return on equity stood at 11.1 percent.
Revenues rose 17 percent year-on-year to P23.8 billion, fueled by a 15-percent growth in net interest income to P19.2 billion.
The increase was led by the consumer lending segment, which expanded by 15 percent and accounted for 84 percent of the bank’s total loan portfolio. Fee income also grew by 29 percent to P3.5 billion.
Operating expense increased 9 percent to P12.7 billion due to investments in manpower and business expansion.
EastWest said it improved its cost-to-income ratio by 380 basis points to 53.2 percent.
“Our core consumer banking businesses are performing well, growing in line with the needs of our customers. Our funding initiatives are likewise supporting our funding structure and growth plans. These are key components of our performance that have led to our steady core income improvement, which combined with operational efficiencies pushed our profitability,” said EastWest chief executive Jerry Ngo.
Total assets grew by 8 percent to P537.6 billion, supported by an 11-percent increase in deposits to P412.6 billion.
The bank said it maintained a strong CASA ratio of 79 percent. Capital ratios also remained healthy, with a capital adequacy ratio of 13.4 percent and CET1 ratio of 12.6 percent, both above regulatory requirements.
EastWest is a subsidiary of Filinvest Development Corp. (FDC), one of the country’s leading conglomerates with a diverse range of interests including real estate, banking, hospitality and tourism, infrastructure power generation and sugar.
