Investor Presentaiton
7
Profitability - QoQ
In P bn
1Q 2022
4Q 2022
1Q 2023
QoQ
YoY
Net Interest Income
18.99
23.42
24.16
3.2%
27.2%
Non-Interest Income
6.37
7.65
7.55
-1.2%
18.6%
Trading Income
0.90
0.88
1.26
43.6%
40.0%
Fee Income
5.47
6.77
6.30
-7.0%
15.1%
Net Revenues
25.36
31.07
31.71
2.1%
25.1%
Opex
12.59
17.90
15.06
-15.8%
19.7%
PPOP
12.77
13.17
16.65
26.4%
30.3%
Provisions
2.50
1.67
1.00
-40.0% -60.0%
NIBT
10.27
11.50
15.65
36.1%
52.3%
Income Taxes
2.22
2.37
3.45
45.5%
55.4%
Net Income
7.98
9.06
12.13
34.0%
52.0%
BPI
Net income up 34% QoQ, driven by
lower opex, and to a lesser extent,
increase in revenues and decline in
provisions
Opex declined 15.8% following a 26%
increase in the prior quarter
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