RCBC Reports ₱2.43B Net Income in Q1 2025, Up 10% on Strong Loan Growth

MANILA – Rizal Commercial Banking Corp. (RCBC), part of the Yuchengco Group, posted a ₱2.43 billion consolidated net income for the first quarter of 2025—marking a 10% year-on-year increase fueled by strong performance in its core lending and service businesses.

In its stock exchange filing, RCBC said gross revenue grew 20% to ₱14.7 billion. This was led by a 39% jump in consumer loans, driven by a 44% rise in credit card receivables. The bank’s cardholder base has now reached 13 million.

Other major loan segments also showed healthy growth, with housing loans increasing by 24% and auto loans climbing by 45%.

Service fee income rose by 26%, supported by increased credit card usage and loan-related transactions.

RCBC reported total deposits of ₱972 billion, maintaining a 50% CASA (current and savings account) ratio. As of March 2025, the bank had 469 branches, 1,468 ATMs, and 5,855 ATM Go terminals operating across the Philippines.