Investor Presentaiton
11
BPI
Operational Efficiency
Decline in spending from limited economic activity, cost discipline measures implemented
YoY quarter down mainly on lower marketing cost and transaction servicing cost
Sequential quarter up due to increased premises and transaction-related
expenses
Amounts in P bn
YTD Opex lower; improved Cost to
Income ratio
Quarterly
55.7%
51.0%
49.6%
48.8%
YoY Change
42.5%
CIR
YTD
52.2%
46.8%
YoY Change
30.0
-4.1%
20.0
12.8
13.0
12.5
11.7
12.3
1.7
1.9
10.0
2.4
2:6
1:3
COLO
2.0
2.2
-15.8%
4.4
4.3
4.2
3.3
3.7
4.3
4.6
4.6
4.7
4.4
+3.2%
00000
Total Opex
-1.6%
40.0
37.1
36.5
+15.4% Technology
5.6
5.5
30.0
6.4
6.0
-9.1% Premises
20.0
12.2
11.3
Others
10.0
12.9
13.7
Manpower
00000
-1.1%
-7.0%
-7.3%
+6.1%
3Q19
4Q19
1Q20
2Q20
3Q20
9M19
9M20
L
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