RCBC reports 32% year-on-year profit jump

Rizal Commercial Banking Corporation (RCBC) reported a consolidated net income of P8.2 billion from January to September 2025, marking a 32 percent year-on-year increase driven by strong loan growth and higher fee-based income.

The bank’s gross customer loans expanded by 13 percent, while fee income climbed 25 percent from the same period last year. Net interest income also rose 32 percent to P40.8 billion, supported by an 86-basis-point improvement in net interest margin, resulting in a 6.94 percent return on equity and 0.84 percent return on assets.

RCBC attributed the growth to strong demand in the consumer lending segment, where higher-yielding loans surged 33 percent year-on-year, now accounting for 46 percent of the total loan portfolio. Receivables from credit cards and personal loans rose 38 percent, while auto and housing loans increased 29 percent. The bank said continued momentum in consumer lending was driven by data analytics, digitalization of selective customer acquisition, and effective cross-selling within its existing client base.

Gross income increased 24 percent during the first nine months of 2025, largely supported by loan transactions, credit card fees, and bancassurance activities, which generated P7.8 billion in consumer fee income.

“Our continued momentum in the consumer segment affirms that our deliberate approach anchored on data-driven decisions, prudent risk management, and collaboration across businesses continues to drive sustainable growth for the Bank,” said RCBC President and CEO Reggie Cariaso.

As of end-September 2025, RCBC’s total assets reached P1.31 trillion, backed by a solid funding base with P997 billion in total deposits and a CASA (current and savings account) ratio of 50.4 percent. The bank’s P12.2 billion Sustainability Bond issuance in July 2025 further strengthened liquidity, as funding costs improved amid a more favorable interest rate environment.

RCBC’s total equity stood at P148.68 billion, with a Common Equity Tier 1 (CET1) ratio of 13.27 percent and a Capital Adequacy Ratio (CAR) of 14.15 percent, both comfortably above regulatory requirements.