BDO Unibank Posts P20.1B Net Income in Q1 2026

Business | Finance Posted on 2026-04-27 00:49:59

MANILA — BDO Unibank reported a 2 percent increase in net income to PHP20.1 billion in the first quarter of 2026, up from PHP19.7 billion in the same period last year, driven by solid performance across its core businesses.

The bank said net interest income rose by 11 percent, supported by a 16 percent growth in gross consumer loans, which reached PHP3.8 trillion. Growth was seen across all market segments, reflecting strong demand for lending services.

Deposits also expanded by 15 percent, with current and savings accounts posting a 7 percent increase. Meanwhile, asset quality improved as the non-performing loan ratio declined to 1.66 percent from 1.77 percent a year earlier.

BDO President and CEO Nestor Tan said the bank’s overall performance highlights the strength of its operations, noting a healthy balance sheet, adequate capital, and manageable loan delinquencies.

He added that BDO now operates nearly 2,000 branches and branch-like units nationwide, underscoring its push to expand financial inclusion.

Despite the positive results, Tan flagged potential risks from ongoing tensions in the Middle East. He warned that a prolonged conflict could trigger inflationary pressures, which may dampen consumer spending and affect corporate investments.

NPO News Team | PNA - PR

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