Asia United Bank (AUB), along with its subsidiaries, sustained its profitability in the first nine months of 2025, driven by higher revenues and improved operational efficiency.
The AUB Group posted a consolidated net income of P9.4 billion as of September, up 9 percent from P8.6 billion a year earlier, translating to a 3.2 percent return on assets and a 20.4 percent return on equity.
Total operating income climbed 10 percent year-on-year to P17.2 billion, buoyed by a 22 percent rise in earning assets to P390.6 billion. Net interest income grew 8 percent to P13.5 billion, maintaining a solid 5.0 percent net interest margin.
Non-interest income rose 18 percent to P3.7 billion, fueled by stronger trading and foreign exchange gains, as well as higher fee-based revenues from credit cards, AUB PayMate, HelloMoney, remittances, and trust services.
Despite a 10 percent rise in operating expenses to P5.5 billion, AUB kept its cost-to-income ratio at a lean 32.2 percent. Loan loss provisions were raised 141 percent to support a 29 percent expansion in the bank’s loan portfolio to P256.9 billion, while its non-performing loan ratio improved to 0.36 percent from 0.53 percent last year.
Total deposits grew 19 percent to P336.2 billion, with low-cost CASA deposits comprising 78 percent. Total assets reached P417.1 billion, and total equity climbed 16 percent to P65.7 billion.
“We continue to look for growth opportunities, especially in digital partnerships,” said AUB President Manuel A. Gomez, citing recent collaborations with Singlife Philippines, SSS, and TerraPay to expand HelloMoney’s reach and strengthen digital payment solutions.
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