Rizal Commercial Banking Corp. (RCBC) reported an unaudited consolidated net income of P8.2 billion in the first nine months of 2025, a 32 percent increase from the same period last year, led by strong growth in its consumer lending business.
The growth was fueled by a 13-percent expansion in gross customer loans and a 25-percent increase in fee income, the bank said in a stock exchange disclosure Tuesday.
The bank’s net interest income rose 32 percent to P40.8 billion, supported by an 86-basis-point year-on-year improvement in its net interest margin to 4.68 percent.
This resulted in a return on equity of 6.94 percent and a return on assets of 0.84 percent.
RCBC attributed the surge in net interest income to the expansion of higher-yielding consumer loans, which grew 33 percent year-on-year. Consumer loans now account for 46 percent of the bank’s total loan portfolio.
Total receivables from credit cards and personal loans surged 38 percent, while auto and housing loans combined climbed 29 percent.
The bank said it sustained its momentum in consumer lending by using data science and digital channels for selective new customer acquisition and leveraging its existing customer base.
Continued growth in the consumer segment boosted fee income to P7.8 billion, mainly from loan-related transactions, credit card fees and bancassurance activities.
RCBC’s gross income was 24 percent higher in 2025, supported by growth in its core businesses.
RCBC raised P12.21 billion in July from the issuance of fixed-rate peso-dominated Series F Sustainability bonds due 2028.
The bonds, which carry a coupon rate of six percent per annum, form part of RCBC’s P200 million bond and commercial paper program.
