
BPI H1 2026 Net Income Slightly Down on Higher Opex, Provisions
Ayala-led Bank of the Philippine Islands (BPI) reported a 0.4% decrease in first-half net income to P32.8 billion, primarily due to increased operating expenses and provisions. Despite this, the bank saw growth in total assets and loan portfolio.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Moody’s Completes Stake Acquisition in PhilRatings, Eyes Philippine Bond Market Growth
Moody's Corporation has finalized its acquisition of a 19.99 percent stake in Philippine Rating Services Corp. (PhilRatings), anticipating that the Philippines' economic expansion and infrastructure needs will support bond issuance.
- GCash Parent Mynt Eyes Record-Breaking IPO in Philippines
Mynt Inc., the parent company of Philippine fintech giant GCash, is set to launch the country's largest-ever initial public offering (IPO), aiming to raise approximately P60.9 billion. Analysts recommend subscribing, citing strong growth potential in digital financial services and projected revenue and net income increases.
- Lapu-Lapu City Partners with PPP Center for Project Development
The PPP Center of the Philippines has signed a memorandum of agreement with Lapu-Lapu City to enhance its capacity for implementing public-private partnership (PPP) projects. This partnership aims to accelerate infrastructure development and public service delivery through PPPs in the city.
- Mynt Clarifies P10 IPO Price Was For Regulatory Purposes
GCash parent Mynt clarified that the P10 per share price initially reported for its IPO was a regulatory assumption, with the actual offer price set at P6.60. The local listing is seen as a sign of growing Filipino investor interest.