BDO net income hits P18.5B in Q1

BDO Unibank Inc., the biggest bank in the country by asset size, closed the first three months of the year with a net income of P18.5 billion, 12 percent higher year-on-year, following sustained growth across its core businesses. Net interest income grew 13 percent to P48.9 billion, with gross customer loans rising by 13 percent […]

BDO net income hits P18.5B in Q1

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BDO Unibank Inc., the biggest bank in the country by asset size, closed the first three months of the year with a net income of P18.5 billion, 12 percent higher year-on-year, following sustained growth across its core businesses.

Net interest income grew 13 percent to P48.9 billion, with gross customer loans rising by 13 percent to P2.92 trillion, the Sy-led bank said in a filing on Thursday.

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