Rizal Commercial Banking Corp. on Tuesday reported an 11-percent increase in net income to P10.6 billion in 2025, led by strong core business growth, higher lending yields and rising fee income.
The bank said in a disclosure to the stock exchange that net interest income surged 32 percent on the back of a more diversified funding base that helped lower funding costs. Net interest margin improved by 89 basis points to 4.77 percent.
Service fees rose 25 percent, supported by expansion in consumer lending, particularly credit cards. Gross customer loans grew 7 percent, with consumer loans now accounting for 49 percent of the total portfolio.
Credit card receivables expanded 32 percent, aided by an 18-percent increase in issued cards as the bank acquired more affluent customers.
RCBC said sustained double-digit receivables growth was supported by the strategic use of data analytics to deepen cardholder engagement and loyalty.
The bank also rolled out digital payment solutions, including Google Pay for credit cardholders and Tap-to-Phone technology that enables merchants to accept card payments via mobile phones.
“We will continue to innovate and listen, ensuring that RCBC remains your most reliable partner in this rapidly changing world as a digital and CX-first bank,” RCBC president and chief executive Reginaldo Cariaso said.
Return on equity increased by 62 basis points to 6.65 percent, while return on assets improved by 6 basis points to 0.81 percent.
Total assets stood at P1.4 trillion, funded by P1 trillion in deposits, of which 52 percent were low-cost current and savings accounts.
In line with its sustainability push, RCBC raised P32.4 billion from two sustainability bond issuances to finance green and social projects while diversifying funding sources.
The bank operates 453 branches and 1,514 ATMs nationwide, complemented by 4,937 ATM Go units in areas without traditional ATM access.
