PSBank declares P320m in cash dividend for third quarter on strong profit

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Philippine Savings Bank, the thrift banking arm of the Metrobank, declared a cash dividend for the third quarter amounting to P320.14 million.

It said the dividend would be payable to all common stockholders as of the record date of Nov. 8, 2023 and be paid no later than the payment date of Nov. 20, 2023. Core revenues, composed of net interest income from loans and investments including fees, grew by 8 percent to P6.8 billion from P6.3 billion a year earlier. Operating expenses remained subdued and was reduced by 2 percent as a result of ongoing cost optimization projects.

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MlaStandard /  🏆 20. in PH

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