Security Bank Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	57,735	49,164	39,134	30,060	28,382	34,437
Interest Income on Investments	17,721	13,642	9,961	6,695	4,522	5,916
Total Interest Income	75,455	62,806	49,095	36,755	32,903	40,353
Interest Paid on Deposits	6,867	6,893	8,195	5,043	2,941	5,186
Interest Paid on Borrowings	20,046	12,191	6,166	2,466	2,506	4,518
Total Interest Expense	26,912	19,084	14,361	7,509	5,447	9,703
Net Interest Income	48,543	43,722	34,734	29,246	27,456	30,650
Net Interest Income Growth (YoY)	14.51%	25.88%	18.76%	6.52%	-10.42%	14.18%
Income From Trading Activities	757.77	283.19	288.56	-25.87	1,092	11,105
Gain (Loss) on Sale of Assets	649.93	935.18	1,212	1,497	1,391	281.64
Gain (Loss) on Sale of Investments	-	-	-	4	66.03	3,186
Gain (Loss) on Sale of Equity Investments	425.6	1.87	179.57	147.36	81.35	-194.98
Other Non-Interest Income	13,324	9,992	6,545	8,767	6,724	5,346
Total Non-Interest Income	15,158	11,212	8,225	10,389	9,354	19,723
Non-Interest Income Growth (YoY)	61.37%	36.32%	-20.83%	11.06%	-52.57%	177.59%
Revenues Before Loan Losses	63,701	54,935	42,959	39,635	36,811	50,373
Provision for Loan Losses	10,168	6,654	4,666	2,634	5,281	26,383
Revenue	53,533	48,281	38,293	37,001	31,530	23,990
Revenue Growth (YoY)	19.91%	26.08%	3.49%	17.35%	31.43%	-19.43%
Salaries and Employee Benefits	12,495	10,839	8,913	7,539	6,922	6,404
Occupancy Expenses	3,157	2,854	2,223	2,189	2,292	2,097
Amortization of Goodwill & Intangibles	1,256	904.89	675.04	551.18	362.32	309.43
Selling, General & Administrative	4,646	4,581	2,914	1,836	595.97	685.57
Other Non-Interest Expense	15,921	13,484	10,986	10,465	10,644	9,936
Total Non-Interest Expense	37,474	32,663	25,711	22,581	20,817	19,432
EBT Excluding Unusual Items	16,058	15,618	12,582	14,420	10,713	4,558
Asset Writedown	25.9	43.84	-134.68	-207.06	15.15	-35.15
Legal Settlements	-421.58	-421.58	-388.09	-328.17	-466.91	-269.39
Pretax Income	15,663	15,240	12,059	13,885	10,262	4,253
Income Tax Expense	3,810	4,002	2,953	3,330	3,345	-3,179
Earnings From Continuing Operations	11,853	11,238	9,105	10,556	6,917	7,432
Net Income	11,853	11,238	9,105	10,556	6,917	7,432
Preferred Dividends & Other Adjustments	5.7	4.26	4.26	4.26	4.26	4.26
Net Income to Common	11,847	11,234	9,101	10,551	6,913	7,428
Net Income Growth	18.59%	23.43%	-13.74%	52.60%	-6.93%	-26.43%
Basic Shares Outstanding	754	754	754	754	754	754
Diluted Shares Outstanding	754	754	754	754	754	754
EPS (Basic)	15.72	14.91	12.08	14.00	9.17	9.86
EPS (Diluted)	15.72	14.91	12.08	14.00	9.17	9.86
EPS Growth	18.58%	23.44%	-13.74%	52.64%	-6.94%	-26.44%
Dividend Per Share	3.000	3.000	3.000	3.000	2.500	2.000
Dividend Growth	-	-	-	20.00%	25.00%	-
Effective Tax Rate	24.32%	26.26%	24.49%	23.98%	32.59%	-

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