Investor Presentaiton
12
Operating Expenses
Opex up 19.7% YoY, from increases across all categories, as well as low base effect
Cost-to-Income ratio declined 2ppt from last year on strong revenue generation and improvements in efficiency
BPI
Amounts in P bn
Dec19
Dec20
Dec21
Dec22
1Q23
Cost-to-Income
52.4% >
47.3% >
52.1% >
48.9% > 47.5%
+19.7%
YOY
Customer Count
8.66 >
8.57 >
8.46 >
9.32 >
9.53
(in mn)
-15.8%
QoQ
Headcount
21,429 >
19,952 >
19,181 >
18,204 > 18,269
17.9
15.1
Client Count / Headcount
404 >
429 >
441 >
512 >
522
5.2
12.6
Manpower
15.7% YoY
Local Branch Count (Physical Locations)
5.5
2.1
-BPI
4.7
Premises
4.1
1.9
7.6% YoY
-Banko
867
866 >
813 >
752 >
752
300
304 >
307 >
317 >
318
1.7
3.0
2.1
Technology
42.9% YoY
Ave Deposit Per
1.96
1.98 >
2.40 >
2.79 >
2.86
BPI Branch (In P bn)
6.6
4.8
4.1
Others
17.7% YoY
Digital Branch Transactions
1Q 2022
4Q 2022
1Q 2023
Transaction Count
85% >
89% >
91% >
91% >
90%
Transaction Value
25% >
20% >
29% >
20% >
20%
2022 CIR includes impact of sale of property; excluding revenue from sale of property, CIR is 51.08%View entire presentation