MANILA, Philippines — The Philippine National Bank (PNB) sustained its growth trajectory in the first three months of the year, booking a net income of P6.37 billion. The Lucio Tan-led lender announced on Monday, April 27, 2026, that its 5-percent profit increase was driven by an aggressive expansion in lending and disciplined expense management.
Despite a volatile global interest-rate environment, PNB’s core revenue streams showed consistent strength:
- Lending Surge: The bank’s total loan portfolio expanded by 15 percent, reflecting strong demand across corporate and consumer sectors.
- Interest & Fees: Both net interest income and net fee income rose by 6 percent.
- Deposit Base: Total deposits reached a milestone of P1.01 trillion, supported by a healthy 80-percent Current and Savings Account (CASA) ratio.
PNB emphasized its “prudent balance sheet management” as a key factor in its stable performance:
- Profitability Ratios: Return on Equity (ROE) stood at 10.8 percent, while Return on Assets (ROA) was recorded at 1.91 percent.
- Risk Management: The nonperforming loan (NPL) ratio remained stable at 4.78 percent, indicating effective credit risk monitoring despite the portfolio growth.
- Cost Control: President and CEO Edwin Bautista noted that tighter cost controls helped offset broader economic headwinds.
The bank’s first-quarter results were accompanied by several prestigious accolades:
- Forbes World’s Best Banks: PNB landed on the 2026 list, cited for high levels of customer trust and digital capability.
- Moody’s Affirmation: Moody’s Ratings affirmed the bank’s investment-grade rating with a “stable outlook,” highlighting its strong capital position.
- Market Leadership: For the third consecutive year, the Philippine Dealing System Group named PNB the Top Fixed Income Brokering Participant.
Looking forward, PNB is doubling down on its technological transformation. CEO Edwin Bautista stated that the bank will continue to push its AI (artificial intelligence) and digital initiatives to enhance service quality and operational efficiency.
“We are building momentum with focused growth… while continuing to push forward our digital initiatives, regardless of the market cycle,” Bautista said in the disclosure.
