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Investor Presentaiton

Key Takeaways 9-month recap: Resilience in Crisis 21 PROFITABILITY 1.Core Earnings: strong Net Interest Income, NIM expansion BALANCE SHEET 1. Loans: muted growth from weakened demand due to lockdowns BPI 2. Non-Interest Income: hefty trading gains, weakness in fee income 3. Provisions: aggressive and pre-emptive, elevated credit costs 4. Operating Expenses: shift in branch spending to COVID-19- related expenses, continued digital investment, improved cost efficiency 2. Asset Quality: impact of Bayanihan 1 expiration reflected, monitoring Bayanihan 2 customer take up 3. Funding: strong CASA growth, tapped the debt capital markets through peso bond issuance 4. Capital and earnings: comfortable capital buffer, dividend payments sustained THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. STRICTLY CONFIDENTIAL.
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