Philippine Bank of Communications (PSE:PBC)

PSE:PBC 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	7,917	7,519	6,247	4,662	4,170	4,418
Interest Income on Investments	2,589	2,159	1,678	936.57	568.83	576.03
Total Interest Income	10,506	9,678	7,925	5,599	4,739	4,994
Interest Paid on Deposits	3,334	3,293	2,516	599.34	434.9	921.46
Interest Paid on Borrowings	1,136	876.18	707.33	188.99	59.1	147.03
Total Interest Expense	4,470	4,169	3,223	788.33	494	1,068
Net Interest Income	6,036	5,509	4,702	4,810	4,245	3,925
Net Interest Income Growth (YoY)	16.30%	17.16%	-2.25%	13.33%	8.13%	22.48%
Trust Income	44.63	41.31	37.35	31.76	29.23	25.69
Income From Trading Activities	98.1	452.42	128.78	-366.33	-241.6	654.73
Gain (Loss) on Sale of Assets	215.06	183.33	34.08	57.57	21.03	3.62
Gain (Loss) on Sale of Investments	-	-	-	-	-	2.55
Other Non-Interest Income	1,064	1,109	1,061	1,029	1,031	1,280
Total Non-Interest Income	1,422	1,786	1,261	751.84	839.81	1,967
Non-Interest Income Growth (YoY)	-21.03%	41.65%	67.72%	-10.47%	-57.30%	6.49%
Revenues Before Loan Losses	7,457	7,295	5,963	5,562	5,085	5,892
Provision for Loan Losses	568.86	442.72	-22.04	297.15	324.15	1,418
Revenue	6,889	6,853	5,985	5,265	4,760	4,474
Revenue Growth (YoY)	-0.42%	14.49%	13.68%	10.60%	6.40%	-4.29%
Salaries and Employee Benefits	1,487	1,396	1,208	1,115	1,017	1,009
Occupancy Expenses	580.54	542.92	458.87	477.58	464.56	437.75
Selling, General & Administrative	430.16	417.32	410.36	454.47	401.25	446.39
Other Non-Interest Expense	1,703	1,573	1,371	1,070	1,051	1,182
Total Non-Interest Expense	4,200	3,929	3,447	3,117	2,933	3,075
EBT Excluding Unusual Items	2,689	2,924	2,539	2,148	1,828	1,399
Asset Writedown	2.08	2.08	2.37	9.47	1.85	-
Pretax Income	2,691	2,926	2,541	2,157	1,830	1,399
Income Tax Expense	731.85	715.81	643.51	525.65	256.63	230.12
Earnings From Continuing Operations	1,959	2,210	1,898	1,632	1,573	1,169
Net Income	1,959	2,210	1,898	1,632	1,573	1,169
Net Income to Common	1,959	2,210	1,898	1,632	1,573	1,169
Net Income Growth	-17.99%	16.48%	16.30%	3.73%	34.58%	1.01%
Basic Shares Outstanding	480	481	481	481	481	481
Diluted Shares Outstanding	480	481	481	481	481	481
Shares Change (YoY)	-0.07%	-	-	-	-	-
EPS (Basic)	4.08	4.60	3.95	3.39	3.27	2.43
EPS (Diluted)	4.08	4.60	3.95	3.39	3.27	2.43
EPS Growth	-17.92%	16.48%	16.30%	3.73%	34.58%	1.01%
Effective Tax Rate	27.20%	24.46%	25.32%	24.37%	14.03%	16.45%

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