Bank of the Philippine Islands (BPI) posted a net income of $532.8 million for the first half of 2026, a dip from the same period last year, according to Asian Banking & Finance.
The decline reflects a challenging operating environment for the Philippine banking sector, with rising interest rates and subdued loan demand impacting earnings. BPI's net income in the first half of 2025 stood at $587.4 million, making the current figure a 9.3% decrease year-on-year.
Despite the dip, BPI remains one of the Philippines' largest lenders by assets, and analysts expect a gradual recovery in the second half as economic conditions stabilize. The bank's capital adequacy ratios remain above regulatory thresholds.