Bank of Commerce Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	11,387	9,971	9,120	6,004	4,601
Interest Income on Investments	3,931	3,193	2,642	1,961	1,494
Total Interest Income	15,318	13,164	11,763	7,966	6,095
Interest Paid on Deposits	3,029	3,466	2,971	1,034	645.26
Interest Paid on Borrowings	1,510	587.23	494.9	249	51.72
Total Interest Expense	4,539	4,053	3,466	1,283	696.99
Net Interest Income	10,778	9,111	8,296	6,682	5,398
Net Interest Income Growth (YoY)	18.30%	9.82%	24.16%	23.79%	5.67%
Income From Trading Activities	96.11	-1.04	10.6	-29.22	-
Gain (Loss) on Sale of Investments	-	-	-	-	-78.71
Other Non-Interest Income	1,332	1,305	1,173	1,123	630.06
Total Non-Interest Income	1,830	1,645	1,679	1,434	826.34
Non-Interest Income Growth (YoY)	11.22%	-1.98%	17.04%	73.58%	-53.19%
Revenues Before Loan Losses	12,609	10,756	9,975	8,117	6,225
Provision for Loan Losses	382.2	139.41	78.84	166.21	-634.82
Revenue	12,226	10,617	9,896	7,950	6,859
Revenue Growth (YoY)	15.16%	7.28%	24.48%	15.91%	16.04%
Salaries and Employee Benefits	3,037	2,637	2,258	1,905	1,821
Occupancy Expenses	1,083	987.52	855.44	806.79	994.82
Amortization of Goodwill & Intangibles	144.82	95.6	76.74	73.07	53.6
Selling, General & Administrative	716.02	586.51	726.68	621.18	340.26
Other Non-Interest Expense	2,437	2,367	2,242	2,078	1,808
Total Non-Interest Expense	7,419	6,674	6,160	5,484	5,019
EBT Excluding Unusual Items	4,807	3,943	3,736	2,466	1,840
Legal Settlements	-	-	-	-	-10.17
Pretax Income	4,807	3,943	3,736	2,466	1,830
Income Tax Expense	1,267	917.77	933.89	666.36	623.69
Net Income	3,540	3,025	2,802	1,800	1,207
Preferred Dividends & Other Adjustments	286.46	242.92	187.92	148.96	57.29
Net Income to Common	3,253	2,782	2,614	1,651	1,149
Net Income Growth	17.02%	7.95%	55.67%	49.18%	53.82%
Basic Shares Outstanding	1,403	1,403	1,403	1,335	1,122
Diluted Shares Outstanding	1,820	1,820	1,820	1,751	1,296
Shares Change (YoY)	-	-	3.91%	35.13%	15.47%
EPS (Basic)	2.32	1.98	1.86	1.24	1.02
EPS (Diluted)	1.95	1.66	1.54	1.03	0.93
EPS Growth	17.02%	7.95%	49.82%	10.40%	33.22%
Dividend Per Share	-	0.250	0.251	-	-
Dividend Growth	-	-0.48%	-	-	-
Effective Tax Rate	26.36%	23.28%	25.00%	27.02%	34.08%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.