BRIEF-Philippine National Bank Posts FY Net Interest Income 34.84 Bln Pesos

March 15 (Reuters) – Philippine National Bank PNB.PS:

• FY NET INTEREST INCOME 34.84 BILLION PESOS VERSUS 35.82 BILLION PESOS

• AS AT DEC-END TIER 1 CAPITAL RATIO 12.96%

• FY NET INTEREST MARGIN ON AVERAGE EARNING ASSETS 3.24%

• AS AT DEC-END, NET NPL RATIO 5.27%

• REPORTED INCOME FROM CORE BANKING OPERATIONS OF 40.1 BILLION PESOS IN 2021, UP 2%

Further company coverage: PNB.PS

(Reuters.briefs@thomsonreuters.com)