PSE:MBT 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	129,107	120,127	103,968	71,729	66,397
Interest Income on Investments	56,985	57,698	49,901	30,839	20,938
Total Interest Income	186,092	177,825	153,869	102,568	87,335
Interest Paid on Deposits	41,466	48,975	41,120	11,420	5,502
Interest Paid on Borrowings	19,945	14,574	7,522	5,421	6,626
Total Interest Expense	61,411	63,549	48,642	16,841	12,128
Net Interest Income	124,681	114,276	105,227	85,727	75,207
Net Interest Income Growth (YoY)	9.11%	8.60%	22.75%	13.99%	-12.80%
Trust Income	1,328	1,195	1,220	1,541	1,655
Income From Trading Activities	4,659	8,904	-94	6,401	3,366
Gain (Loss) on Sale of Assets	106	654	2,113	898	381
Other Non-Interest Income	26,390	18,305	25,008	17,755	20,271
Total Non-Interest Income	32,483	29,058	28,247	26,595	25,673
Non-Interest Income Growth (YoY)	11.79%	2.87%	6.21%	3.59%	-26.63%
Revenues Before Loan Losses	157,164	143,334	133,474	112,322	100,880
Provision for Loan Losses	11,910	6,169	8,492	8,008	11,806
Revenue	145,254	137,165	124,982	104,314	89,074
Revenue Growth (YoY)	5.90%	9.75%	19.81%	17.11%	10.68%
Salaries and Employee Benefits	32,088	31,317	28,263	26,129	25,268
Occupancy Expenses	8,191	7,949	7,958	6,998	7,565
Selling, General & Administrative	4,196	4,091	3,500	2,880	2,247
Other Non-Interest Expense	34,571	33,210	29,214	24,083	23,408
Total Non-Interest Expense	78,131	75,802	68,060	59,386	57,920
EBT Excluding Unusual Items	67,123	61,363	56,922	44,928	31,154
Asset Writedown	-9	-17	-12	-104	-28
Legal Settlements	-661	-594	-587	-906	-985
Pretax Income	66,453	60,578	55,849	43,918	30,141
Income Tax Expense	15,829	11,345	12,890	10,620	7,777
Earnings From Continuing Operations	50,624	49,233	42,959	33,298	22,364
Minority Interest in Earnings	-904	-1,096	-721	-522	-208
Net Income	49,720	48,137	42,238	32,776	22,156
Net Income to Common	49,720	48,137	42,238	32,776	22,156
Net Income Growth	3.29%	13.97%	28.87%	47.93%	60.19%
Basic Shares Outstanding	4,496	4,496	4,496	4,496	4,496
Diluted Shares Outstanding	4,496	4,496	4,496	4,496	4,496
EPS (Basic)	11.06	10.71	9.39	7.29	4.93
EPS (Diluted)	11.06	10.71	9.39	7.29	4.93
EPS Growth	3.29%	13.97%	28.87%	47.93%	60.19%
Dividend Per Share	3.000	3.000	3.000	1.600	1.600
Dividend Growth	-	-	87.50%	-	60.00%
Effective Tax Rate	23.82%	18.73%	23.08%	24.18%	25.80%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.