Chinabank 2025 net income up 13%

Sy-led China Banking Corp. (Chinabank) saw a 13% increase in its net income to hit a record high in 2025, with lending up double digits to hit the P1-trillion mark for the first time on the back of strong demand.

Chinabank said its net income grew to P28 billion as total operating income jumped 16% to P75.7 billion. Interest income climbed 12% to P105.2 billion, on the back of the sustained demand across loan segments.

Gross loans increased by 13% to P1.1 trillion, driven by strong demand from corporate and consumer segments. The bank’s non-performing loan (NPL) ratio kept steady at 1.6%, bringing the NPL coverage ratio to 109%.

Operating expenses grew 12% to P34.4 billion on higher manpower costs, taxes, and information and technology (IT) spending. The cost-to-income ratio improved to 45%.

The lender ended the year with P1.8-trillion worth of assets, up 8%, positioning the bank as the Philippines’ fourth-largest private universal bank. Deposits grew 9% to P1.4 trillion. —VAL, GMA Integrated News