Landbank Declares All-Time High P33.53 Billion in Dividends to National Government

Land Bank of the Philippines (Landbank) has declared a record-breaking P33.53 billion in cash dividends to the national government, solidifying its position as the top-contributing government-owned and -controlled corporation (GOCC) for the second consecutive year.

The 2025 dividend surpasses last year’s P32.12 billion remittance. Landbank’s performance in 2024 included a net income of P35.36 billion, interest income of P140.63 billion, and interest expenses totaling P43.39 billion.

“This milestone reflects Landbank’s deep commitment to national priorities that uplift Filipino communities,” said Landbank president and CEO Lynette Ortiz. She also highlighted the bank’s strong financial foundation and its key role in promoting inclusive growth.

As mandated by Republic Act 7656, GOCCs must remit at least 50% of their net earnings as dividends to the national government.

In early 2025, Landbank reported a P13.29-billion net income for the first quarter, marking an 11% year-on-year increase. The bank’s total assets reached P3.43 trillion, with a gross loan portfolio of P1.58 trillion.

Landbank plays a crucial role in rural development, overseeing the Comprehensive Agrarian Reform Program (CARP), supporting small farmers and fisherfolk, and managing government funds.