BPI earnings grow 8% in H1

Zobel-led Bank of the Philippine Islands (BPI) posted a 7.8-percent improvement in net income to P33 billion for the first half of 2025 from the P30.6 billion earned in the same period last year on strong growth in net interest income.

- By JAMES A. LOYOLA

In a disclosure to the Philippine Stock Exchange (PSE), the bank stated that its higher earnings were driven by strong revenue growth, but were partially tempered by increases in operating expenses (opex) and provisions.

Total revenues at end-June stood at P92.6 billion, up 14 percent from last year.

This was fueled by the 16.2-percent increase in net interest income to P71.2 billion, on the back of the 8.3-percent increase in the average earning asset base, and a 32-basis-point (bp) expansion in net interest margin (NIM) to 4.58 percent.