Filinvest Development Corporation (FDC) delivered a record-breaking performance in 2025, with net income attributable to equity holders climbing 24 percent to P15.0 billion from P12.1 billion a year earlier, driven by strong contributions across its diversified portfolio.
Consolidated net income rose 20 percent year-on-year to P18.9 billion, while total revenues and other income increased to P120.6 billion from P113.4 billion in 2024, reflecting sustained growth momentum across core business segments.
“FDC delivered another year of strong results,” said Rhoda A. Huang, President and CEO. “As we marked our 70th anniversary in 2025, this performance highlights our ability to adapt to changing conditions and capture opportunities across our businesses.”
Banking remained the group’s largest earnings contributor, accounting for P7.0 billion or 40 percent of total net income. EastWest Bank led the segment with a record P9.2 billion in standalone net income, up 21 percent, supported by continued expansion in its consumer lending franchise and steady deposit growth. Net interest income surged 21 percent to P40.6 billion, while non-interest income rose 16 percent to P10.4 billion, underscoring a balanced revenue base.
The power segment, led by FDC Utilities, Inc., contributed P4.9 billion, up 14 percent, as cost efficiencies helped cushion the impact of lower revenues stemming from reduced spot market exposure and declining coal cost pass-through rates.
FDC’s real estate operations—anchored by Filinvest Land, Inc., Filinvest Alabang, Inc., and Filinvest REIT Corp.—generated ₱4.6 billion, a 21 percent increase, driven by higher residential project completions and improved leasing performance. Mall and rental revenues benefited from stronger foot traffic and occupancy rates.
Meanwhile, Filinvest Hospitality Corporation posted P264 million in net income as domestic travel demand supported occupancy and room rates across its portfolio.
With total assets rising 7 percent to P872 billion and leverage ratios kept at manageable levels, FDC’s results highlight the strength of its diversified model. The group’s balanced mix of recurring income and growth businesses positions it well to sustain earnings momentum while navigating evolving market conditions.
