The bank said in a statement the return on equity and return on assets reached 13.73 percent and 1.66 percent, respectively. READ:
the first nine months to P30.5 billion from P17.5 billion a year ago on higher revenues and lower provisions.
Revenues grew 22.1 percent year-on-year to P87.5 billion, boosted by the 20.5-percent growth in net interest income to P61.6 billion on the back of continued loan growth and sustained expansion in average net interest margin by 23 basis points to 3.53 percent. BPI said third-quarter net income reached P10.1 billion, driven by 26.8-percent revenue growth to P29.8 billion, on double-digit growth from net interest income and non-interest income and growth in the customer base to over 9 million.
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