Economy 1 MIN READ

BRIEF-Bank Of The Philippine Islands Says Qtrly Net Income Was 8.0 Bln Pesos

April 21, 2022By Reuters

Bank of the Philippine Islands BPI.PS:

  • QTRLY NET INCOME WAS 8.0 BILLION PESOS, UP 59.6%

  • AT QUARTER-END, INDICATIVE COMMON EQUITY TIER 1 RATIO OF 16.2%

  • TOTAL LOANS AS OF MARCH 31, 2022 WAS 1.5 TRILLION PESOS , UP 7.1%

  • RECOGNIZED PROVISIONS OF 2.5 BILLION PESOS AS OF MARCH 31, A 30.6% REDUCTION

  • QTRLY NPL RATIO IMPROVED TO 2.38% FROM 2.49% IN DEC 2021

Source text for Eikon: ID:nPSXbW9dHs

Further company coverage: BPI.PS

((Reuters.Briefs@thomsonreuters.com;))

This article originally appeared on reuters.com

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