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StocksMedium•30 October 2026•
2 min read

BDO Net Income Reaches 40.7 Billion Pesos in First Half of 2026

Key Facts

1BDO net income was 40.7 billion pesos in the first half of 2026, compared with 40.6 billion pesos a year earlier.
2Net interest income rose 11%, while gross loans grew 15% to 3.9 trillion pesos.
3The NPL ratio fell to 1.64% from 1.75%, and NPL coverage was 132%.
4Record net income was 87.2 billion pesos in 2025, up 6% from 82.0 billion pesos in 2024.

BDO reported net income of 40.7 billion pesos in the first half of 2026, compared with 40.6 billion pesos in the same period of 2025, according to a bank statement. The comparison shows a modest increase in earnings as the bank expanded its loan portfolio and increased net interest income. Gross customer loans rose 15% to 3.9 trillion pesos in the first half. The bank said net interest income increased 11% year on year as loans expanded. BDO said in a statement that "net interest income rose 11% year on year as gross customer loans expanded 15% to 3.9 trillion pesos."

Total deposits grew 13% in the first half, while current and savings account deposits rose 4%, according to the bank. The figures show deposits expanding at a faster pace than reported net income for the period. On the non-interest income side, income from insurance operations increased 14%. Operating profit before provisions also rose 12%, while operating expense growth remained in the single digits, according to the statement. The bank said non-interest income grew 4%, driven by higher income from insurance operations.

On asset quality, the non-performing loan ratio fell to 1.64% in the first half of 2026, from 1.75% in the same period a year earlier. NPL coverage stood at 132%, according to BDO data. The bank said it increased provisions as a precaution against changing risks, despite the improvement in asset quality. Return on equity was 12.7% in the first half. The common equity Tier 1 ratio was 13.1% in the same period.

The bank reported record net income of 87.2 billion pesos in 2025, up 6% from 82.0 billion pesos in 2024, according to its annual disclosure. That result provides context for comparison with first-half performance, when net income was close to its level a year earlier. BDO scheduled an analyst briefing for November 4, 2026, after publishing a date notice on October 19. The briefing is expected to allow analysts to follow and discuss the bank’s results. The disclosure available here did not include nine-month results figures.