BDO Unibank Inc. (BDO), the country’s largest lender owned by the Sy family, said Monday its nine-month net income jumped 12 percent year-on-year to P60.6
BDO Unibank Inc. , the country’s largest lender owned by the Sy family, said Monday its nine-month net income jumped 12 percent year-on-year to P60.6 billion, led by strong contributions from its core intermediation and fee-based service businesses.- Advertisement -
Non-interest income improved 16 percent year-on-year, boosted by growth in fees, service charges, treasury and forex gains as well as income from insurance operations. Shareholders’ equity strengthened by 13 percent year-on-year on continued profitable operations, with the book value per share growing to P106.48.
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