Rizal Commercial Banking Corporation (PSE: RCB)

Rizal Commercial Banking 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	32,288	130,608	123,017	122,512	140,836	89,540
Investment Securities	387,087	355,272	376,431	225,639	98,044	162,131
Trading Asset Securities	13,988	11,778	7,037	5,631	3,715	4,800
Total Investments	401,075	367,050	383,468	231,270	101,759	166,931
Gross Loans	637,660	606,403	521,661	493,673	439,351	419,725
Allowance for Loan Losses	-18,538	-17,395	-16,030	-18,264	-19,193	-13,430
Other Adjustments to Gross Loans	-704	-826	-902	-615	-689	-856
Net Loans	618,418	588,182	504,729	474,794	419,469	405,439
Property, Plant & Equipment	8,430	7,957	10,263	11,746	12,095	9,965
Goodwill	426	426	426	426	426	426
Other Intangible Assets	2,253	3,409	3,363	3,252	3,151	2,996
Investments in Real Estate	568	543	2,616	3,572	3,725	4,142
Accrued Interest Receivable	10,331	9,519	7,828	7,372	5,677	4,332
Other Receivables	8,454	8,103	4,704	4,911	4,589	3,776
Restricted Cash	138,004	83,701	76,582	65,074	49,539	52,243
Other Current Assets	28,679	24,209	29,353	29,353	26,142	23,407
Long-Term Deferred Tax Assets	6,132	5,775	3,740	3,206	3,044	2,140
Other Real Estate Owned & Foreclosed	-	2,694	1,546	-	-	-
Other Long-Term Assets	5,084	5,496	1,926	1,255	1,478	1,563
Total Assets	1,260,898	1,238,332	1,154,108	959,133	772,106	767,079
Accounts Payable	8,923	10,197	7,756	7,963	8,811	6,684
Accrued Expenses	-	5,550	4,492	4,236	4,106	3,734
Interest Bearing Deposits	959,918	958,110	858,372	672,501	535,788	456,581
Total Deposits	959,918	958,110	858,372	672,501	535,788	456,581
Short-Term Borrowings	4,797	1,690	2,116	926	1,484	863
Current Portion of Long-Term Debt	17,205	75,800	98,242	54,731	28,764	102,443
Current Portion of Leases	-	1,791	1,236	998	957	866
Current Income Taxes Payable	11,555	1,337	571	538	507	183
Accrued Interest Payable	-	5,195	3,365	1,323	1,287	2,285
Other Current Liabilities	6,147	7,273	9,335	7,514	4,896	7,245
Long-Term Debt	90,121	10,105	42,895	88,432	74,891	96,003
Long-Term Leases	5,975	4,896	4,264	3,052	3,428	2,011
Long-Term Unearned Revenue	827	825	612	657	226	304
Pension & Post-Retirement Benefits	-	40	1,986	2,501	2,993	3,260
Other Long-Term Liabilities	3,326	3,248	2,505	2,681	2,590	1,767
Total Liabilities	1,108,794	1,086,057	1,037,747	848,053	670,728	684,229
Preferred Stock, Convertible	3	3	3	3	3	3
Common Stock	24,195	24,195	22,509	22,509	22,509	22,509
Additional Paid-In Capital	58,228	58,228	42,493	42,505	42,568	42,568
Retained Earnings	62,956	61,510	52,650	42,889	37,704	33,760
Treasury Stock	-	-	-9,287	-9,287	-13,719	-13,719
Comprehensive Income & Other	6,716	8,333	7,985	12,443	12,296	-2,290
Total Common Equity	152,095	152,266	116,350	111,059	101,358	82,828
Minority Interest	6	6	8	18	17	19
Shareholders' Equity	152,104	152,275	116,361	111,080	101,378	82,850
Total Liabilities & Equity	1,260,898	1,238,332	1,154,108	959,133	772,106	767,079
Total Debt	118,098	94,282	148,753	148,139	109,524	202,186
Net Cash (Debt)	-45,065	83,903	-9,975	-8,305	48,383	-102,078
Net Cash Per Share	-18.41	38.17	-4.90	-4.20	24.99	-52.73
Filing Date Shares Outstanding	2,420	2,420	2,037	2,037	1,936	1,936
Total Common Shares Outstanding	2,420	2,420	2,037	2,037	1,936	1,936
Book Value Per Share	56.88	56.95	50.01	47.41	44.89	42.79
Tangible Book Value	149,416	148,431	112,561	107,381	97,781	79,406
Tangible Book Value Per Share	55.78	55.37	48.15	45.60	43.04	41.02

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