Rizal Commercial Banking (RCB) investor relations material

Executive summary

• Net income for 1Q 2026 rose to ₱2.7B, up 12%–11.6% YoY, driven by strong net interest income, core business growth, and disciplined cost management.

• Loans expanded 11.3% YoY to ₱789B, with consumer lending as the main growth driver; consumer loans grew 27%.

• Deposits increased 9%–9.3% YoY, supporting a stable funding base and balance sheet resilience.

• Digital adoption and ecosystem initiatives, including platforms like Diskartech and Pulz, contributed to deposit growth and transaction volume.

Financial highlights

• Gross income grew 16%–16.1% YoY to ₱17.0B; net interest income surged 25%–25.6% YoY to ₱15.4B.

• Net interest margin improved to 5.2%, aided by lower funding costs and high-yielding consumer segments.

• Operating expenses rose 7.3% YoY, while impairment losses increased 62% YoY.

• ROE climbed to 7.2% from 6.0% YoY; ROA steady at 0.8%.

• Service fees and commissions improved 9% to ₱2.8B.

Outlook and guidance

• Philippine GDP growth for 2026 is forecast at 4.5–5.0%, below the government target of 5–6%.

• Inflation expected to average 5.5–6.5% in 2026; policy rates likely to remain elevated.

• Peso projected to weaken further, with USD/PHP seen at 60–61 by year-end.

• Focus remains on scaling resilient platforms, supporting growth, and delivering consistent value through innovation and customer centricity.