Investor Presentaiton
45.8
28.1
36.4
Financial Highlights (in USD)
Balance Sheet (in USD bn)
Assets
Net Loans
Deposits
Mar 2022 Dec 2022 Mar 2023 A QoQ
ΔΥΟΥ
BPI
1Q22
4Q22
1Q23
A QoQ
ΔΥΟΥ
46.4
49.1
5.9%
7.3%
30.3
30.5
0.6%
8.5%
Profitability (in USD mn)
Net Interest Income
Non-Interest Income
365.5
417.3 443.9
6.4%
21.4%
37.4
39.5
5.7%
8.5%
CASA
Capital
AUM
29.5
27.8
27.7
-0.1%
-5.8%
Trading Income
Non-Interest Income
5.8
5.7
6.1
7.6%
5.5%
Revenues
21.6
18.2
20.1
10.1%
-7.0%
Operating Expenses
PPOP
Key Metrics
Δ bps
Provisions
Quarter NIM
3.42%
3.75%
3.94%
19
52
NIBT
Quarter Asset Yield
4.03%
4.81%
5.29%
48
127
Income Taxes
42.7
122.6 136.3 138.8
17.3
15.6
105.3 120.7
488.1 553.6
242.2 318.9 276.8
245.9 234.6 305.9
48.1 29.7 18.4
197.7 204.9 287.5
63.3
1.9%
13.2%
23.1
115.7
582.7
48.1%
33.6%
-4.1%
9.9%
5.3%
19.4%
-13.2%
14.3%
30.4%
24.4%
-38.1% -61.8%
40.3%
45.4%
42.2
50.1%
48.3%
Quarter Cost of Funds
0.69%
1.20%
1.53%
33
84
Net Income
153.6
161.4
222.9
38.1%
45.1%
Quarter Cost to Income
49.63%
57.61%
47.50%
(1,011)
(213)
YTD Cost of Deposits
10.36%
0.74%
0.08%
(65)
(1,028)
YTD Cost to Assets
0.13%
2.33%
0.14%
(218)
1
YTD ROE
11.02%
13.14%
15.36%
222
434
YTD ROA
1.36%
1.59%
1.88%
29
52
CASA Ratio
80.97%
74.35%
Loan-to-Deposit Ratio
77.32%
81.24%
70.29%
77.31%
(406)
(1,068)
(393)
(1)
Credit Cost (in bps)
68
NPL Ratio
2.38%
NPL Coverage Ratio
149.62%
58
1.76%
180.07%
24
(34)
(44)
1.82%
176.71%
6
(56)
(336)
2,709
CAR
17.14%
16.01%
16.54%
53
(60)
CET1
16.26%
15.12%
15.66%
54
(60)
29 Source: https://www.bsp.gov.ph, USD/PHP, end-of-period
2023: Mar: 54.429; 2022: Dec: 56.120, Mar: 51.960
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