Philippine National Bank (PSE: PNB)

Philippine National Bank Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	68,803	90,389	78,011	164,957	205,909	85,003
Investment Securities	368,454	355,152	330,390	270,139	219,510	207,750
Trading Asset Securities	20,186	10,517	7,347	11,168	23,826	13,469
Total Investments	388,640	365,669	337,738	281,306	243,335	221,219
Gross Loans	638,426	628,935	602,468	616,770	605,587	643,174
Allowance for Loan Losses	-43,437	-37,553	-34,738	-35,812	-29,128	-14,073
Other Adjustments to Gross Loans	-788.42	-681.4	-756.05	-1,118	-1,465	-451.19
Net Loans	594,200	590,701	566,975	579,840	574,994	628,649
Property, Plant & Equipment	10,211	10,754	11,974	13,472	19,879	21,169
Goodwill	10,185	10,185	11,221	11,221	13,375	13,375
Other Intangible Assets	1,146	1,302	1,864	2,429	2,512	2,842
Investments in Real Estate	15,857	15,099	14,524	11,375	15,085	15,773
Accrued Interest Receivable	8,877	8,179	6,911	6,054	6,637	7,815
Other Receivables	5,748	4,316	8,117	7,421	7,974	13,229
Restricted Cash	65,883	78,373	74,701	81,273	80,029	92,182
Other Current Assets	16,052	19,912	18,866	16,821	21,149	13,944
Long-Term Deferred Tax Assets	7,719	6,982	6,617	6,406	9,037	2,581
Other Real Estate Owned & Foreclosed	193.64	303.62	210.42	226.29	114.46	167.76
Other Long-Term Assets	1,004	6,321	5,951	6,917	30,010	22,464
Total Assets	1,197,712	1,210,549	1,145,157	1,190,785	1,231,134	1,142,291
Accounts Payable	3,194	2,989	5,036	4,725	5,789	9,526
Accrued Expenses	7,818	7,830	7,548	6,663	5,385	4,931
Interest Bearing Deposits	914,420	900,871	843,428	866,324	860,288	788,545
Non-Interest Bearing Deposits	27,800	27,100	27,800	28,600	30,000	37,500
Total Deposits	942,220	927,971	871,228	894,924	890,288	826,045
Short-Term Borrowings	1,706	1,300	1,317	1,046	1,238	784.23
Current Portion of Long-Term Debt	-	41,491	16,717	-	13,853	-
Current Portion of Leases	-	815.28	709.21	2,698	552.62	559.96
Current Income Taxes Payable	951.61	180.36	983.05	157.74	903.04	576.16
Accrued Interest Payable	-	2,428	986.04	659.03	908.44	1,944
Other Current Liabilities	8,252	14,265	10,907	11,330	14,993	13,448
Long-Term Debt	13,609	10,608	49,425	99,227	133,802	119,886
Long-Term Leases	3,639	3,018	2,927	1,067	813.4	1,246
Long-Term Unearned Revenue	968.52	1,100	1,147	1,122	1,137	2,659
Pension & Post-Retirement Benefits	223.62	488.56	967.97	1,370	1,369	944.58
Long-Term Deferred Tax Liabilities	166.3	166.09	165.72	165.23	161.15	165.85
Other Long-Term Liabilities	4,884	4,752	5,189	4,407	3,957	4,598
Total Liabilities	987,632	1,019,401	975,251	1,029,562	1,075,151	987,315
Common Stock	61,031	61,031	61,031	61,031	61,031	61,031
Additional Paid-In Capital	32,117	32,117	32,117	32,117	32,117	32,117
Retained Earnings	111,609	96,657	78,678	67,146	59,530	56,916
Comprehensive Income & Other	1,657	-2,164	-5,469	-2,289	104.42	2,031
Total Common Equity	206,412	187,640	166,356	158,004	152,782	152,093
Minority Interest	3,668	3,509	3,549	3,219	3,201	2,882
Shareholders' Equity	210,080	191,149	169,906	161,223	155,983	154,975
Total Liabilities & Equity	1,197,712	1,210,549	1,145,157	1,190,785	1,231,134	1,142,291
Total Debt	18,953	57,232	71,094	104,039	150,259	122,477
Net Cash (Debt)	147,639	113,368	78,787	87,882	95,294	-21,487
Net Cash Growth	73.10%	43.89%	-10.35%	-7.78%	-	-
Net Cash Per Share	96.76	74.30	51.64	57.60	62.46	-15.65
Filing Date Shares Outstanding	1,526	1,526	1,526	1,526	1,526	1,526
Total Common Shares Outstanding	1,526	1,526	1,526	1,526	1,526	1,526
Book Value Per Share	135.28	122.98	109.03	103.56	100.13	99.68
Tangible Book Value	195,082	176,153	153,271	144,353	136,894	135,876
Tangible Book Value Per Share	127.86	115.45	100.46	94.61	89.72	89.05

Source: S&P Capital IQ. Banks template. Financial Sources.