BDO Unibank (BDO) investor relations material

Executive summary

• Achieved record total assets of PHP 5.7 trillion as of 1Q26, maintaining the #1 market position in the Philippines by assets, loans, deposits, and trust funds.

• Delivered net income of PHP 20.1 billion for 1Q26, up 2% year-over-year, with return on common equity at 12.8%.

• Total comprehensive income dropped 66% to PHP 7.9 billion due to significant unrealized losses on debt securities at FVOCI.

• Continued expansion of branch and ATM network, with nearly 2,000 branches and 7,700+ teller machines nationwide.

• Strong focus on sustainability, with PHP 1.21 trillion in sustainable finance projects funded to date and significant progress in renewable energy financing.

Financial highlights

• Net interest income rose 11% year-over-year to PHP 53.0 billion in 1Q26.

• Non-interest/other operating income increased 6% to PHP 19.8 billion, driven by higher fee income and insurance operations.

• Gross customer loans grew 16% year-over-year to PHP 3.77 trillion.

• Deposits increased 15% to PHP 4.43 trillion, with CASA deposits up 7%.

• Provision for credit/impairment losses increased to PHP 6.1 billion, reflecting a conservative stance.

Outlook and guidance

• Sustained mid-teens ROE targeted, supported by core business growth and strategic initiatives in wealth management, insurance, and MSME segments.

• Sustained growth in lending and deposit activities expected, supported by recent bond issuances.

• Continued focus on productivity, efficiency gains through IT investments, and conservative provisioning.

• Ongoing commitment to reduce coal exposure by 50% by 2033 and increase renewable energy financing.