Philippine National Bank (PNB) said Monday it posted a consolidated net income of P18.5 billion in the first nine months of 2025, up 23 percent from P15.1 billion in the same period last year.
Total revenue rose 8 percent on the back of bank loans, investment securities and fee-based income growth.
Other income also grew 4 percent from a year ago, due to the bank’s disposal of acquired assets and foreign exchange gains, while its operating expenses posted 9-percent growth from January to September.
The bank’s provisions for impairment and credit losses showed a significant 87-percent decline from last year in an effort to reduce non-performing loans and improve the quality of its lending portfolio.
“The bank is now harvesting the benefits from focusing on the improvement in the quality of the lending portfolio through deliberate acquisition of quality customers and improvements in the credit and lending processes and policies,” said PNB chief financial officer Francis Albalate
