China Banking Corp. sustained strong growth through the third quarter of 2025, posting a consolidated net income of P20.2 billion in the first nine months of 2025, an increase of 10-percent year-on-year.
This performance resulted in a return on equity of 15.3 percent and a return on assets of 1.6 percent, placing the bank among the highest in the industry.
Chinabank’s core businesses delivered robust results, with interest income rising by 13 percent. This growth, led by the continuous expansion of earning assets, offset a 9-percent jump in interest expense.
Net interest income grew by 15 percent to P53.5 billion. Net interest margin remained healthy at 4.6 percent. Fee-based income also increased to P3.1 billion on steady growth in trust and bancassurance commissions.
Operating expenses rose 15 percent to P25.3 billion, mainly due to strategic investments in manpower and technology. The cost-to-income ratio improved to 45 percent.
To strengthen its balance sheet, Chinabank proactively increased provisions to P7.0 billion for a non-performing loan (NPL) cover of 123 percent, higher than the industry average.
Still the fourth largest private universal bank in the country, Chinabank’s total assets grew 8 percent year-on-year to P1.7 trillion.
Gross loans increased by 14 percent to P994.0 billion on strong demand from both the corporate and consumer segments. Despite the rise in lending, the NPL ratio improved to 1.6 percent, reflecting the bank’s prudent stance.
Deposits also rose by 9 percent to P1.4 trillion, securing a stable funding base, driven by 12 percent year-on-year growth in checking and savings accounts.
Total capital reached P184.4 billion, up 13 percent. The capital adequacy ratio stood at 15.8 percent and the common equity tier one ratio at 15.0 percent—well above regulatory requirements. Book value per share improved to P68.49.
Chinabank’s strength and preeminent standing in the industry were recently affirmed by several recognitions.
Chinabank secured the Four Golden Arrow award for governance excellence from the Institute of Corporate Directors. Its client-focused approach was recognized with the Outstanding Wealth Management Service for the Affluent award from Private Banker International and Philippines’ Best Bank for Customer Experience award from Euromoney.
Chinabank’s growing global reputation was further highlighted by its inclusion for the second year in a row in both TIME’s World’s Best Companies 2025 and the Fortune Southeast Asia 500 list.
China Bank is the fourth largest private universal bank in the Philippines and a member of the SM Group, one of the country’s biggest conglomerates.
