BDO Unibank Inc. has posted a record net income of P87.2 billion in 2025, up six percent from P82.0 billion a year earlier, driven by expansion across its core lending and fee-based businesses.

The country’s largest bank said the performance reflected sustained demand for loans and a balanced growth strategy across corporate, commercial and consumer segments. Return on average common equity stood at 14.4 percent for the year.

Double-digit increases across major lending segments

Net interest income rose nine percent as gross customer loans expanded 13 percent to P3.7 trillion. Growth was supported by double-digit increases across major lending segments, signaling steady credit demand despite a cautious economic environment.

Deposits increased 10 percent, with low-cost current and savings accounts accounting for 68 percent of total deposits, reinforcing the bank’s funding base. Non-interest income also grew nine percent, while income from insurance operations climbed 10 percent.

Asset quality continued to improve, with the non-performing loan ratio declining to 1.68 percent from 1.83 percent in the previous year. The bank maintained a strong buffer against credit risks with an NPL coverage ratio of 133 percent.

Capital position remains solid

BDO’s capital position remained solid. Shareholders’ equity grew 12 percent on sustained profitability, lifting book value per share by 11 percent to P119.03. Its Common Equity Tier 1 ratio stood at 13.8 percent, comfortably above regulatory requirements.

The bank also continued to expand its sustainable finance activities. In July 2025, BDO issued its fourth peso-denominated ASEAN Sustainability Bond, raising a record P115 billion to finance eligible green and social projects under its Sustainable Finance Framework while diversifying funding sources.

BDO said its strong balance sheet and nationwide distribution network position the bank to capture long-term growth opportunities as economic activity continues to expand.