Bank of Commerce (PSE:BNCOM)

Bank of Commerce 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	10,952	9,971	9,120	6,004	4,601	5,078
Interest Income on Investments	3,599	3,193	2,642	1,961	1,494	1,202
Total Interest Income	14,550	13,164	11,763	7,966	6,095	6,280
Interest Paid on Deposits	3,045	3,466	2,971	1,034	645.26	1,128
Interest Paid on Borrowings	1,261	587.23	494.9	249	51.72	44.03
Total Interest Expense	4,306	4,053	3,466	1,283	696.99	1,172
Net Interest Income	10,244	9,111	8,296	6,682	5,398	5,108
Net Interest Income Growth (YoY)	14.09%	9.82%	24.16%	23.79%	5.67%	23.52%
Income From Trading Activities	-21.87	-	-	-	-	-
Gain (Loss) on Sale of Investments	-1.04	-1.04	10.6	-29.22	-78.71	1,148
Other Non-Interest Income	1,346	1,305	1,173	1,123	630.06	558.93
Total Non-Interest Income	1,765	1,645	1,679	1,434	826.34	1,765
Non-Interest Income Growth (YoY)	1.42%	-1.98%	17.04%	73.58%	-53.19%	4.02%
Revenues Before Loan Losses	12,009	10,756	9,975	8,117	6,225	6,874
Provision for Loan Losses	62.91	139.41	78.84	166.21	-634.82	962.51
Revenue	11,946	10,617	9,896	7,950	6,859	5,911
Revenue Growth (YoY)	12.03%	7.28%	24.48%	15.91%	16.04%	2.25%
Salaries and Employee Benefits	2,990	2,637	2,258	1,905	1,821	1,819
Occupancy Expenses	1,308	1,246	1,137	1,063	994.82	1,044
Amortization of Goodwill & Intangibles	135.7	95.6	76.74	73.07	53.6	45.91
Selling, General & Administrative	339.89	328.16	445.04	364.76	340.26	334.6
Other Non-Interest Expense	2,388	2,327	2,214	2,062	1,808	1,619
Total Non-Interest Expense	7,162	6,634	6,132	5,468	5,019	4,864
EBT Excluding Unusual Items	4,784	3,983	3,764	2,483	1,840	1,047
Legal Settlements	-39.85	-39.85	-27.98	-16.39	-10.17	-5.42
Pretax Income	4,744	3,943	3,736	2,466	1,830	1,042
Income Tax Expense	1,186	917.77	933.89	666.36	623.69	257.12
Net Income	3,558	3,025	2,802	1,800	1,207	784.43
Preferred Dividends & Other Adjustments	279.58	242.92	187.92	148.96	57.29	-
Net Income to Common	3,279	2,782	2,614	1,651	1,149	784.43
Net Income Growth	18.49%	7.95%	55.67%	49.18%	53.82%	20.18%
Basic Shares Outstanding	1,403	1,403	1,403	1,335	1,122	1,122
Diluted Shares Outstanding	1,820	1,820	1,820	1,751	1,296	1,122
Shares Change (YoY)	-	-	3.91%	35.13%	15.47%	-
EPS (Basic)	2.34	1.98	1.86	1.24	1.02	0.70
EPS (Diluted)	1.96	1.66	1.54	1.03	0.93	0.70
EPS Growth	18.49%	7.95%	49.82%	10.40%	33.22%	20.50%
Dividend Per Share	0.250	0.250	0.251	-	-	-
Dividend Growth	-0.48%	-0.48%	-	-	-	-
Effective Tax Rate	25.00%	23.28%	25.00%	27.02%	34.08%	24.69%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.