Philippine National Bank recorded a consolidated net income of P25.3 billion in 2025, marking a 20 percent increase from the prior year and boosting return on equity to 11.1 percent, up 70 basis points. The performance reflects strong core business results, disciplined cost management, and operational efficiency across its lending, deposit, and fee-generating activities.
“The Bank’s 2025 overall performance marked another milestone for PNB,” said President and CEO Edwin Bautista. “After completing the modernization of our core banking system and ATM switch, we significantly enhanced customer acquisition and expanded our ability to capitalize on market opportunities.”
PNB’s loan portfolio grew 15 percent year-on-year, with consumer loans surging 27 percent and corporate and commercial loans rising 13 percent. The net interest margin held steady at 4.51 percent, supported by healthy yields and a low funding cost base. Deposits exceeded the one-trillion-peso mark, reaching P1.06 trillion, up nine percent from December 2024. Asset quality improved with the non-performing loan ratio falling to 4.7 percent from 5.7 percent in 2024, reflecting tighter risk monitoring and proactive client engagement.
Non-interest income also supported growth. CFO Francis Albalate noted, “Fee-generating businesses including deposits, loans, credit cards, trust operations, and bancassurance provided solid support to the Bank’s performance, reflecting PNB’s expanded revenue capabilities.” Operating expenses grew slower than income, improving the cost-efficiency ratio to 48.2 percent.
Digital initiatives drove customer engagement, with PNB Digital’s user base growing 26 percent. The app earned international recognition as “Best Mobile Banking Experience in the Philippines” for the third time. PNB also strengthened its partnership with Mastercard to support tokenized digital payments, building secure infrastructure aligned with global standards.
The Bank raised ₱15.7 billion through a dual-tranche ASEAN Sustainability Bond, oversubscribed 5.2 times, and PNB Trust was recognized by The Asset as a Top Investment House for 2025, highlighting the institution’s resilience and multi-segment strength.
PNB’s 2025 results underscore strong financial discipline, expanding digital leadership, and sustained market confidence in the country’s universal banking sector.
