- 2Q Results:
- Net income: 15.3 billion pesos
- Revenue: 41.7 billion pesos
- Revenue estimate: 39.86 billion pesos
- 1H Results:
- Revenue: 81.2 billion pesos
- Net interest income: 61.3 billion pesos
- Provision for loan losses: 3 billion pesos
- Non-performing loans ratio: 2.2%
- Net income up 21.5% y/y
- Return on equity: 15.5%
- Return on assets: 2%
- Revenues rose 23.8% y/y
- Net interest income increased 22.2% y/y
- Non-interest income up 28.7% y/y to 19.9 billion pesos
- Forex gains up 58.6% y/y to 2.2 billion pesos
- Operating expenses up 21.9% y/y to 38.3 billion pesos
- Cost-to-income ratio: 47.1%
- Provisions for losses rose 50% y/y
- NPL coverage at 127.6%
- 2H Projections:
- Net income was up 17.5% y/y
- Revenue increased by 23%
- Market Ratings:
- 13 buys, 8 holds, 0 sells
A look at Bank of the Philippine Islands Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
The long-term outlook for Bank of the Philippine Islands appears positive based on an analysis of its Smartkarma Smart Scores. With strong ratings in Growth, Resilience, and Momentum, the company is positioned well for future performance. These scores indicate that BPI is likely to experience solid growth, demonstrate resilience in varying market conditions, and maintain positive momentum in its operations.
Despite average scores in Value and Dividend, BPI’s overall outlook remains optimistic. The company’s focus on growth and ability to adapt to market changes, combined with its robust performance indicators, suggest a promising future for investors looking at potential long-term opportunities in the banking sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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