Philippine National Bank (PSE:PNB)

Philippine National Bank Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	50,453	48,448	44,126	35,379	34,558
Interest Income on Investments	19,227	19,011	15,468	9,865	7,844
Total Interest Income	69,680	67,459	59,595	45,244	42,402
Interest Paid on Deposits	15,618	16,430	13,006	5,372	4,814
Interest Paid on Borrowings	1,515	1,689	1,996	2,545	2,744
Total Interest Expense	17,134	18,118	15,002	7,917	7,558
Net Interest Income	52,546	49,340	44,593	37,328	34,845
Net Interest Income Growth (YoY)	6.50%	10.65%	19.46%	7.12%	-2.72%
Income From Trading Activities	1,857	647.58	394.1	-1,281	731.57
Gain (Loss) on Sale of Assets	2,413	1,995	4,542	7,775	34,267
Gain (Loss) on Sale of Equity Investments	496	419.51	268.09	-56.06	50.79
Other Non-Interest Income	7,966	7,373	7,563	8,313	7,103
Total Non-Interest Income	12,733	10,435	12,767	14,752	42,152
Non-Interest Income Growth (YoY)	22.02%	-18.27%	-13.45%	-65.00%	344.28%
Revenues Before Loan Losses	65,279	59,775	57,360	52,079	76,996
Provision for Loan Losses	2,019	3,669	5,923	7,198	10,725
Revenue	63,260	56,107	51,437	44,881	66,271
Revenue Growth (YoY)	12.75%	9.08%	14.61%	-32.28%	133.14%
Salaries and Employee Benefits	11,754	10,669	10,464	9,763	9,986
Occupancy Expenses	4,251	4,375	4,629	5,055	3,718
Selling, General & Administrative	1,227	1,935	1,108	1,420	1,041
Other Non-Interest Expense	13,554	12,159	11,734	11,754	11,006
Total Non-Interest Expense	30,787	29,137	27,935	27,992	25,751
EBT Excluding Unusual Items	32,474	26,969	23,502	16,889	40,520
Asset Writedown	362.54	-199.45	-	-	-
Legal Settlements	-661.21	-492.33	-492.33	-373.74	-395.39
Pretax Income	32,175	26,278	21,973	16,515	37,971
Income Tax Expense	6,833	5,100	4,007	4,931	5,545
Earnings From Continuing Operations	25,342	21,178	17,966	11,584	32,425
Earnings From Discontinued Operations	-	-	-	-	-735.37
Minority Interest in Earnings	-86.6	-125.07	13.44	-51.67	-59.41
Net Income	25,255	21,053	17,979	11,532	31,631
Net Income to Common	25,255	21,053	17,979	11,532	31,631
Net Income Growth	19.96%	17.09%	55.90%	-63.54%	1109.75%
Basic Shares Outstanding	1,526	1,526	1,526	1,526	1,526
Diluted Shares Outstanding	1,526	1,526	1,526	1,526	1,526
EPS (Basic)	16.55	13.80	11.78	7.56	20.73
EPS (Diluted)	16.55	13.80	11.78	7.56	20.73
EPS Growth	19.96%	17.09%	55.90%	-63.54%	1109.75%
Effective Tax Rate	21.24%	19.41%	18.24%	29.86%	14.60%

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