BDO Earns P19.7 Billion in 1Q 2025

BDO Unibank, Inc. (BDO) recorded a net income of P19.7 billion in Q1 2025, vs. P18.5 billion for the comparable period a year ago, driven by sustained performance across its core businesses. Return on Average Common Equity (ROCE) was at 13.8% for the period.

Gross Customer Loans grew by 12% to P3.3 trillion, reflecting broad-based growth across all market segments. Deposits expanded by 6% to P3.8 trillion, with a Current Account/Savings Account (CASA) ratio of 70%.

Net Interest Income increased by 6% with the growth in earning assets, while non-interest income rose by 21%, fueled by the strong performance of fee-based income.

Asset quality improved, with Non-Performing Loan (NPL) ratio decreasing to 1.77%, and NPL coverage at 143%, according to the updated BSP guidelines which exclude provisions appropriated in Retained Earnings. Using the old reporting standard, NPL coverage would have been 179% in Q1 2025.

Shareholders’ equity increased by 12% on continued profitable operations, with Book Value Per Share up by 12% to P111.13. The Bank’s CET1 ratio was higher at 14.4%, from 13.6% in the same period last year.

Despite economic uncertainties arising from US tariffs and trade policies, the Philippines is expected to remain resilient being a domestic and consumption-based economy. Notably, BDO remains well-positioned to navigate potential risks and achieve sustainable growth and profitability with its strong business franchise, market leadership, and robust capital position.

BDO is a full-service universal bank which provides a wide range of corporate and retail services such as loan and deposit products, treasury, trust banking, investment banking, private banking, rural banking and microfinance, cash management, leasing and finance, remittance, life insurance, property & casualty insurance brokerage, cash cards, credit cards, and online and non-online stock brokerage services.

BDO has the country’s largest distribution network, with over 1,800 consolidated operating branches and more than 5,800 teller machines nationwide. It also has 16 international offices (including full-service branches in Hong Kong and Singapore) in Asia, Europe, North America and the Middle East.

The Bank also offers digital banking solutions to make banking easier, faster, and more secure for its clients. 

​BDO ranked as the largest bank in terms of total assets, loans, deposits and trust funds under management based on published statements of condition as of December 31, 2024.