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Investor Presentaiton

6 Profitability - YoY BPI In P bn 1Q 2022 1Q 2023 YoY Net Interest Income 18.99 24.16 27.2% Non-Interest Income 6.37 7.55 18.6% Trading Income 0.90 1.26 40.0% Fee Income 5.47 6.30 15.1% • Net Revenues 25.36 31.71 25.1% Opex 12.59 15.06 19.7% PPOP 12.77 16.65 30.3% Provisions 2.50 1.00 -60.0% NIBT 10.27 15.65 52.3% Income Taxes 2.22 Record net income of P 12.13 billion, up 52% YoY predominantly driven by revenues Net Interest Income, up 27% YoY, driven by loan growth at 13.2%, and continued NIM expansion at 52bps Solid trading income, up 40% Strong fee income, up 15%, backed by increase in customer and volume Revenue growth more than offset the 20% growth in operating expenses, PPOP up 30% Asset quality remained strong allowing normalization of credit cost which further accelerated net income 3.45 55.4% Net Income 7.98 12.13 52.0% • ROE of 15.36% and ROA at 1.88% highest since 2013 ROE ROA 11.02% 15.36% 434 bps 1.36% 1.88% 52 bps THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS.
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