BPI net income up 7.4% in 2025

Ayala-led Bank of the Philippine Islands (BPI) posted a 7.4% increase in net income in 2025, driven by double-digit growth in net interest income, despite higher provisions and operating expenses.

In a regulatory filing, BPI said its net income rose to P66.62 billion last year as total revenues climbed 14.8% to P195.3 billion. Net interest income grew 16% to P148.0 billion, reflecting the bank’s expanding loan portfolio.

“Revenue growth remained strong although income growth was partly tempered by higher provisions and operating expenses, but the bank continued to sustain a positive jaw,” BPI said.

The bank’s provisions surged 168.98% to P17.8 billion, while operating expenses rose 9.9% to P92.1 billion.

BPI’s total loan book expanded 14.7% to P2.6 trillion in 2025, with growth recorded across all portfolios. Institutional loans increased 10.4%, while non-institutional loans jumped 25.8%, led by business banking (79.7%), credit cards (31.9%), and personal loans (28.3%).

Looking ahead, BPI said it is expecting a “fairly decent year” in 2026 and is targeting stronger growth as borrowing demand is seen to rebound amid easing global and local uncertainties.

The bank earlier said it is aiming to grow its loan book by 12% to 13% this year, the same target it set for 2025.

Meanwhile, BPI chief finance officer and chief sustainability officer Eric Luchangco said last November that the bank could offer blue bonds, or issuances designed to finance marine and ocean-based projects, in the first half of 2026.—MCG, GMA Integrated News