PSE records 19.8% net income growth in first half of 2026 earnings report

The Philippine Stock Exchange Inc. (PSE) on Friday said it booked a 19.8% increase in its net income for the first half of 2026.

In a statement, the PSE said it posted a bottom line of P608.38 million from P508.03 million in the same period last year.

The local bourse operator also saw its revenues grow by 9.4% to P1.44 billion from P1.31 billion, lifted by higher trading and clearing revenues as well as depository securities account fees.

“Our first-half performance reflects a more active market with average daily value turnover increasing by 13.5% to P7.72 billion from P6.80 billion a year ago," PSE president and CEO Ramon Monzon said.

This boost in liquidity can be attributed to the Capital Markets Efficiency Promotion Act, which reduced the stock transaction tax from 0.6 percent to 0.1% effective July 1, 2025, bringing the cost of trading in our market closer to our regional peers,”

The PSE said transaction fees likewise rose by 10.7% to P303.43 million as trading volumes in both Philippine Dealing Exchange Corp. and PSE improved.

Moreover, its said Securities Clearing Corporation of the Philippines (SCCP) service fees increased 14.5% to P165.45 million, as equity trading value expanded by 14.5% to P926.54 billion from P809.27 billion in the same six-month period last year.

The PSE added that revenues at Philippine Depository Trust Corp. grew 4.3% to P294.55 million primarily due to higher fixed income depository holdings.

Meanwhile, other operating revenues rose to P184.49 million from P94.23 million.

The PSE also reported that its total costs and expenses remained “manageable” at P728.90 million, up by 3.13% from P706.77 million in the same period last year.

“We are also reviewing and amending our listing rules to make listing more accessible. The SEC has approved our tiered public ownership framework and our revised rule on preferred shares listings, which lowers the minimum offer size to P100 million from P1 billion and allows direct listing," Monzon said.

With about P133.70 billion in forthcoming listings for the second half, including the initial public offerings of Mynt, Inc. and Vitro REIT, we are working toward a market that is easier to list in, less costly to trade in, and open to a wider range of investors and issuers,” he added. –NB, GMA News