Ayala Corp., the diversified investment holding company of the Ayala Group, posted a 36 percent jump in net income to up P46.3 billion in the first nine months of 2025, boosted by one-off gains from the revaluation of AC Ventures following Mitsubishi’s acquisition of a 50 percent stake.
Core net income, which excludes non-recurring items, remained steady year-on-year at up P36.6 billion, with a 4 percent sequential improvement in the third quarter to up P12.8 billion.
The increase in earnings was driven by stronger results from key subsidiaries, particularly Bank of the Philippine Islands (BPI) and Ayala Land, alongside steady contributions from AC Health, AC Logistics, Integrated Microelectronics (IMI), and iPeople.
BPI’s net income grew 5 percent to up P50.5 billion on sustained loan growth and wider net interest margins. Total loans rose 13 percent to up P2.4 trillion, while revenues climbed 13.2 percent to up P142.3 billion. Return on equity stood at a robust 15 percent. Ayala Land’s net income increased 1 percent to up P21.4 billion, supported by stable property sales and resilient leasing and hospitality businesses.
Globe’s core net income fell 12 percent to up P15.5 billion on softer service revenues and higher costs, while ACEN’s core profit slid 18 percent to up P4.3 billion, reflecting damage to wind assets and lower power prices. ACEIC, ACEN’s parent, saw net income drop 59 percent to up P4.2 billion.
Ayala Chief Executive Officer Cezar P. Consing said the group remains confident in the country’s long-term prospects, citing upcoming ventures in retail through Makro and Spinneys. “Our core businesses are steady, and our portfolio continues to improve,” he said.
Ayala enters the year-end period with steady momentum, banking on strong financial fundamentals and diversified growth engines across banking, property, energy, and logistics.
