Chinabank net income climbs 11% to ₱14.5-B

Chinabank’s net income rose 11 percent to ₱14.5 billion in the first half of 2026, fueled by strong lending growth, an expanding balance sheet and improved risk management.

The bank reported a 15.1-percent return on equity and a 1.6-percent return on assets for the period.

Net interest income increased 14 percent to ₱39.7 billion as net interest margin widened to 4.67 percent.

Operating expenses rose 11 percent to ₱18.4 billion as the bank continued to invest in business expansion, resulting in a cost-to-income ratio of 50 percent.

Chinabank maintained its non-performing loan (NPL) ratio at 1.5 percent while booking ₱1.2 billion in impairment and credit loss provisions. This resulted in an NPL coverage ratio of 106 percent.

The bank’s balance sheet continued to expand, with total assets increasing 13 percent year-on-year to ₱1.9 trillion, keeping Chinabank as the fourth-largest private universal bank in the country.

Gross loans grew 17 percent to ₱1.1 trillion, driven by sustained demand from corporate and consumer borrowers.

Total deposits reached ₱1.5 trillion, up 14 percent from a year earlier. The growth was supported by a 21-percent increase in low-cost peso checking and savings accounts (CASA).

Including foreign currency CASA deposits, total CASA reached ₱750 billion, translating to a CASA ratio of 49 percent and helping reduce the bank’s overall cost of funds.

Total equity rose 11 percent to ₱192 billion, while book value per share increased 11 percent to ₱71.46.

Chinabank maintained a strong capital position, with a capital adequacy ratio of 15.6 percent and a common equity tier 1 ratio of 14.7 percent.

The bank also continued its digital transformation initiatives aimed at improving customer experience. It recently launched its next-generation corporate digital banking platform, My CBC Business, while enhancing its retail mobile and web platform, My CBC, with additional features and security safeguards.

Chinabank’s digital and cash-management capabilities were also recognized internationally after it was named Philippines Domestic Cash Management Bank of the Year at the 2026 Asian Banking & Finance Wholesale Banking Awards.