Security Bank 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	59,416	49,164	39,134	30,060	28,382
Interest Income on Investments	18,113	13,642	9,961	6,695	4,522
Total Interest Income	77,528	62,806	49,095	36,755	32,903
Interest Paid on Deposits	6,637	6,893	8,195	5,043	2,941
Interest Paid on Borrowings	20,435	12,191	6,166	2,466	2,506
Total Interest Expense	27,071	19,084	14,361	7,509	5,447
Net Interest Income	50,457	43,722	34,734	29,246	27,456
Net Interest Income Growth (YoY)	15.40%	25.88%	18.76%	6.52%	-10.42%
Income From Trading Activities	1,540	283.19	288.56	-25.87	1,092
Gain (Loss) on Sale of Assets	284.79	935.18	1,212	1,497	1,391
Gain (Loss) on Sale of Investments	-	-	-	4	66.03
Gain (Loss) on Sale of Equity Investments	746.87	1.87	179.57	147.36	81.35
Other Non-Interest Income	13,904	9,992	6,545	8,767	6,724
Total Non-Interest Income	16,475	11,212	8,225	10,389	9,354
Non-Interest Income Growth (YoY)	46.94%	36.32%	-20.83%	11.06%	-52.57%
Revenues Before Loan Losses	66,932	54,935	42,959	39,635	36,811
Provision for Loan Losses	12,497	6,654	4,666	2,634	5,281
Revenue	54,435	48,281	38,293	37,001	31,530
Revenue Growth (YoY)	12.75%	26.08%	3.49%	17.35%	31.43%
Salaries and Employee Benefits	12,626	10,839	8,913	7,539	6,922
Occupancy Expenses	3,386	2,854	2,223	2,189	2,292
Amortization of Goodwill & Intangibles	1,403	904.89	675.04	551.18	362.32
Selling, General & Administrative	4,703	4,581	2,914	1,836	595.97
Other Non-Interest Expense	16,788	13,484	10,986	10,465	10,644
Total Non-Interest Expense	38,906	32,663	25,711	22,581	20,817
EBT Excluding Unusual Items	15,530	15,618	12,582	14,420	10,713
Asset Writedown	-265.02	43.84	-134.68	-207.06	15.15
Legal Settlements	-419.13	-421.58	-388.09	-328.17	-466.91
Pretax Income	14,845	15,240	12,059	13,885	10,262
Income Tax Expense	3,218	4,002	2,953	3,330	3,345
Earnings From Continuing Operations	11,628	11,238	9,105	10,556	6,917
Net Income	11,628	11,238	9,105	10,556	6,917
Preferred Dividends & Other Adjustments	5.7	4.26	4.26	4.26	4.26
Net Income to Common	11,622	11,234	9,101	10,551	6,913
Net Income Growth	3.46%	23.43%	-13.74%	52.60%	-6.93%
Basic Shares Outstanding	754	754	754	754	754
Diluted Shares Outstanding	754	754	754	754	754
EPS (Basic)	15.42	14.91	12.08	14.00	9.17
EPS (Diluted)	15.42	14.91	12.08	14.00	9.17
EPS Growth	3.45%	23.44%	-13.74%	52.64%	-6.94%
Dividend Per Share	-	3.000	3.000	3.000	2.500
Dividend Growth	-	-	-	20.00%	25.00%
Effective Tax Rate	21.68%	26.26%	24.49%	23.98%	32.59%

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