RCBC Posts ₱8.2-B Income, Up 32%

Rizal Commercial Banking Corporation (RCBC) reported an unaudited consolidated net income of ₱8.2 billion for the first nine months of 2025, a 32 percent increase from the same period last year.

RCBC was recently recognized as “Best Cash Management Bank in the Philippines” by The Asian Banker in 2025. (Photo: RCBC)

The growth was driven by a 13 percent expansion in gross customer loans and a 25 percent increase in fee income.

Net interest income rose 32 percent to ₱40.8 billion, supported by an 86-basis-point year-on-year improvement in net interest margin (NIM) to 4.68 percent, resulting in a 6.94 percent return on equity (ROE) and 0.84 percent return on assets (ROA).

Growth was fueled by expansion in higher-yielding consumer loans, which surged 33 percent year-on-year and now account for 46 percent of the bank’s total loan portfolio.

Total receivables from credit cards and personal loans jumped 38 percent, while auto and housing loans combined rose 29 percent.

Continued engagement in the consumer segment boosted fee income to ₱7.8 billion, mainly from loan-related transactions, credit card fees, and bancassurance activities.

As a result, gross income was 24 percent higher year-on-year, driven by core business growth. RCBC President and CEO Reggie Cariaso said the improving results reflect the bank’s focused and coordinated growth strategy.

“Our continued momentum in the consumer segment affirms that our deliberate approach—anchored on data-driven decisions, prudent risk management, and collaboration across businesses—continues to drive sustainable growth for the bank,” Cariaso said.

As of end-September 2025, RCBC’s total assets stood at ₱1.31 trillion, backed by a solid funding base, with ₱997.0 billion in total deposits and a CASA ratio of 50.4 percent.

This was strengthened by the ₱12.2 billion Sustainability Bond issuance in July 2025, as funding costs improved amid an easing interest rate environment.

The bank’s total equity reached ₱148.68 billion, with a Common Equity Tier 1 (CET1) ratio of 13.27 percent and a Capital Adequacy Ratio (CAR) of 14.15 percent, both well above regulatory requirements.

RCBC was recently recognized as “Best Cash Management Bank in the Philippines” by The Asian Banker in 2025.

This accolade adds to 25 awards received this year across digital solutions, payroll innovation, and sustainable finance.

As of September 30, 2025, RCBC’s network consisted of 470 branches, 1,505 ATMs, and 6,389 ATM Go terminals nationwide.