BDO Unibank, Inc. (BDOUY)

BDO Unibank Income Statement

Financials in millions PHP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	277,108	272,039	231,704	161,820	144,879	157,031
Interest Paid on Deposits	86,697	85,443	59,317	22,861	13,533	23,331
Net Interest Income	189,405	186,596	172,387	138,959	131,346	133,700
Net Interest Income Growth (YoY)	8.89%	8.24%	24.06%	5.80%	-1.76%	11.52%
Trust Income	147	-	-	-	4,364	3,811
Income From Trading Activities	1,084	-	-	-	220	5,563
Gain (Loss) on Sale of Assets	-	-	-	-	1,275	1,169
Gain (Loss) on Sale of Investments	-	-	6,107	-	-	-
Gain (Loss) on Sale of Equity Investments	1,397	1,397	1,273	849	814	-
Other Non-Interest Income	78,234	76,341	64,138	56,351	54,681	44,667
Total Non-Interest Income	80,862	77,738	71,518	57,200	61,354	55,210
Non-Interest Income Growth (YoY)	15.92%	8.70%	25.03%	-6.77%	11.13%	-8.15%
Revenues Before Loan Losses	270,267	264,334	243,905	196,159	192,700	188,910
Provision for Loan Losses	13,772	14,262	16,406	16,565	16,942	29,661
Revenue	256,495	250,072	227,499	179,594	175,758	159,249
Revenue Growth (YoY)	12.91%	9.92%	26.67%	2.18%	10.37%	-8.47%
Salaries and Employee Benefits	54,300	52,109	45,784	42,766	41,471	37,038
Occupancy Expenses	15,072	15,072	14,472	12,677	11,204	11,172
Amortization of Goodwill & Intangibles	2,141	2,141	2,917	1,343	1,342	734
Selling, General & Administrative	20,273	19,548	17,230	12,490	13,061	12,776
Other Non-Interest Expense	58,445	55,779	48,495	36,207	51,779	50,033
Total Non-Interest Expense	151,212	145,630	129,801	105,777	119,130	112,107
EBT Excluding Unusual Items	105,283	104,442	97,698	73,817	56,628	47,142
Asset Writedown	26	222	3	230	-57	-493
Legal Settlements	-973	-973	-689	-854	-773	-601
Other Unusual Items	-	-	169	-	-	-
Pretax Income	104,336	103,691	97,181	73,193	55,762	46,030
Income Tax Expense	20,881	21,471	23,621	15,959	12,907	17,776
Earnings From Continuing Operations	83,455	82,220	73,560	57,234	42,855	28,254
Minority Interest in Earnings	-230	-201	-149	-180	-64	-8
Net Income	83,225	82,019	73,411	57,054	42,791	28,246
Preferred Dividends & Other Adjustments	407	407	407	339	340	339
Net Income to Common	82,818	81,612	73,004	56,715	42,451	27,907
Net Income Growth	10.36%	11.73%	28.67%	33.33%	51.49%	-36.09%
Basic Shares Outstanding	5,269	5,271	5,266	5,264	5,262	5,261
Diluted Shares Outstanding	5,312	5,314	5,313	5,322	5,313	5,261
Shares Change (YoY)	-0.03%	0.02%	-0.17%	0.17%	0.99%	0.14%
EPS (Basic)	15.72	15.48	13.86	10.77	8.07	5.30
EPS (Diluted)	15.67	15.43	13.82	10.72	8.05	5.30
EPS Growth	10.40%	11.71%	28.89%	33.11%	51.96%	-36.51%
Dividend Per Share	4.000	3.750	3.000	1.200	1.000	1.000
Dividend Growth	33.33%	25.00%	150.00%	20.00%	-	-
Effective Tax Rate	20.01%	20.71%	24.31%	21.80%	23.15%	38.62%

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.