BPI Q1 2025 profit reaches P16.6B
MANILA, Philippines – Bank of the Philippine Islands (BPI) booked a 9-percent gain in its net income in the first quarter of the year to P16.6 billion on higher revenues.
In a stock exchange filing on Monday, the Ayala-backed bank said its top line grew by 13.1 percent to P44.7 billion, driven by a 15.3-percent growth in net interest income.
Noninterest income, meanwhile, jumped by 6.3 percent to P10.3 billion.
“The momentum we have built is strong, and if we stay focused, determined and continue to do our best, there is no limit to what we can achieve,” BPI president Teodoro Limcaoco said in a statement.
As of end-March, BPI’s total assets stood at P3.3 trillion, up by 6.9 percent.