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Eye on Earnings: Consumers keep big banks resilient
Established banks are key defensive choices amid financial-market turbulence.
June 9, 2025
By German de la Paz III and Charles Randy Lumhod
By German de la Paz III and Charles Randy Lumhod
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Top publicly held Philippine banks were resilient in the first quarter of 2025, chiefly thanks to consumers taking out loans.
The four banks included in benchmark Philippine stock exchange index (PSEi) saw aggregate profit rise 6.6% in the quarter ending-March, beating the PSEi’s 4.0%.
All four registered growth on the back of double-digit loan expansion and relatively stable net interest margins (NIMs).
Earnings Review