- BDO Unibank’s net income for the first half of 2024 reached 39.4 billion pesos.
- This marks a 12% year-on-year increase in net income.
- The growth was primarily driven by the bank’s core and fee-based businesses.
- The non-performing loan (NPL) ratio stands at 2.06%, with NPL coverage at 169%.
- Return on common equity increased to 15.8% in Q2, compared to 14.3% in Q1.
- Non-interest income saw a 13% rise in the same period.
- BDO Unibank states it is in a “suitable position” to capitalize on emerging opportunities.
- Market analysts have given 19 buys, 3 holds, and 0 sells for BDO Unibank.
A look at BDO Unibank Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
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
Based on Smartkarma Smart Scores, BDO Unibank Inc shows a promising long-term outlook. With a Growth score of 4 and a Resilience score of 5, the company is positioned well for future expansion and can navigate through economic challenges effectively. Additionally, a Value score of 3 indicates that the company is reasonably priced, offering potential for investors looking for a balanced opportunity. The Dividend and Momentum scores are both at 3, suggesting steady dividend payouts and stable market performance.
BDO Unibank Inc provides a range of banking services in the Philippines, including savings accounts, investments, loans, credit cards, remittance, insurance, and trade financing services. With strong Growth and Resilience scores, the company is expected to continue growing steadily while remaining robust in the face of market fluctuations. Investors looking for a reliable banking investment with growth potential may find BDO Unibank Inc to be a favorable option.
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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