BDO Unibank, Inc. (BDO), the largest bank in the Philippines, announced that it made ₱20.1 billion in profit during the first three months of 2026. This is slightly higher—about 2%—compared to the ₱19.7 billion they earned during the same period last year, according to their press release dated April 24, 2026.
What Does This Mean in Simple Terms?
Think of BDO as a giant piggy bank where people and businesses keep their money, and the bank lends that money to others who need it. When the bank does this well, it makes money—and that profit is what we call “net income.”
Why Did BDO Make More Money?
BDO’s profit grew because more people and businesses borrowed money from them. Their total loans (money they lent out) increased by 16% to reach ₱3.8 trillion. That’s a lot of money! This growth happened across all types of customers—from regular people to big companies.
The bank also earned more from interest (the fee people pay when they borrow money), which went up by 11%. Additionally, more people deposited their money in BDO, with total deposits growing by 15%.
Building Extra Savings for Uncertain Times
While BDO made good money from its regular business, the bank decided to set aside more money as reserves—kind of like keeping extra allowance in case something unexpected happens. The press release explained this was done as a “pre-emptive measure” because of uncertain global political situations. This extra saving reduced their overall profit a bit, but it’s like having an emergency fund, which is a smart thing to do.
Loan Quality Getting Better
One important measure of a bank’s health is how many people can’t pay back their loans. BDO’s Non-Performing Loan (NPL) ratio—which measures bad loans—improved to 1.68% from 1.77% a year earlier. This means fewer people are having trouble paying back what they borrowed, which is good news for the bank.
The bank also has enough reserves to cover 132% of these problematic loans, which the company says is “among the highest in the industry.”
Strong Financial Position
BDO’s Book Value Per Share increased by 8% to ₱119.36. This number tells us how much each share of the bank would be worth if you divided all its assets among shareholders. The bank’s CET1 ratio (a measure of financial strength) stood at 13.3%, showing it has a solid cushion to handle challenges.
The bank’s Return on Average Common Equity (ROCE)—which measures how efficiently the bank uses shareholders’ money—was 12.8% for the period.
About BDO Unibank
BDO is the Philippines’ largest bank based on total assets, loans, deposits, and trust funds as of December 31, 2025. It operates over 2,000 branches and more than 7,900 ATMs across the country, plus 15 international offices in Asia, Europe, North America, and the Middle East. The bank offers various services from regular savings accounts to insurance, credit cards, and investment services.
Source Note:This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.
