China Banking Corp., the country’s fifth largest lender by assets and part of the Sy Group, delivered a banner performance in 2025 with record net income of P28 billion, up 13 percent from a year earlier, as core lending and fee businesses powered broad-based growth.
Return on equity reached 15.6 percent while return on assets stood at 1.6 percent. Interest income rose 12 percent to P105.2 billion on strong loan demand across corporate and consumer segments.
A favorable deposit mix and sustained deposit growth helped contain funding costs, keeping the net interest margin at 4.6 percent. Fee-based income improved on higher transactional fees, trust income and bancassurance commissions, lifting total operating income 16 percent to P75.7 billion.
Operational discipline remained evident, with cost-to-income ratio improving to 45 percent. Total operating expenses rose 12 percent to P34.4 billion, driven by higher manpower costs, taxes and continued investment in information technology.
Gross loans surpassed the P1 trillion mark for the first time, climbing 13 percent to P1.1 trillion. Asset quality held steady, with the non-performing loan ratio unchanged at 1.6 percent. The bank more than doubled credit provisions to P7 billion, resulting in an NPL coverage ratio of 109 percent, above the industry average.
Total assets expanded 8 percent to P1.8 trillion, reinforcing Chinabank’s position among the country’s top lenders. Deposits grew 9 percent to P1.4 trillion, with a current and savings account ratio of 48 percent.
Capital strengthened 13 percent to P191.3 billion, translating to a common equity tier 1 ratio of 15.2 percent and a total capital adequacy ratio of 16.1 percent.
Book value per share rose 13 percent to P71.04.
