PNB profit rises 20% in 2025 as deposits top ₱1 trillion

Philippine National Bank (PNB) reported a 20% increase in consolidated net income for 2025, driven by sustained strength in its core lending business, with total loans rising 15% and consumer loans posting the largest gain at 27%.

In a regulatory filing, the bank said net income reached P25.3 billion, lifting return on equity by 70 basis points to 11.1% from a year earlier.

Net interest margin stood at 4.51%, while deposits grew 9% to P1.06 trillion, breaching the trillion-peso mark, the bank said.

Asset quality also reportedly improved, with bad loans dropping to 4.7% from 5.7%, as it tightened its review of borrowers, used better risk-monitoring tools, and worked more closely with clients to resolve payment issues early.

“Fee-generating businesses including deposits, loans, credit cards, trust operations, and bancassurance, as well as other non-interest earnings, provided solid support to the bank’s performance for 2025, reflecting our strengthened push to expand revenue capabilities,” PNB chief financial officer Francis Albalate said.

“Together, these gains underscore PNB’s expanding franchise and the growing confidence of our customers across all segments,” he added.

PNB president and chief executive officer Edwin Bautista earlier said the bank aims to at least match—and possibly exceed—the 23% growth recorded in the first nine months of 2025, as it takes a more aggressive posture following the modernization of its core banking system and ATM switch.

“After completing the modernization of our core banking system and ATM switch, we significantly enhanced our customer acquisition efforts and expanded our ability to capitalize on market opportunities,” Bautista said.

As of end-September 2025, PNB is supposedly ranked as the eighth-largest bank in the Philippines in terms of total assets, with P1.244 trillion.—MCG, GMA Integrated News