China Banking Corp. extended its growth momentum in the first quarter of 2026, posting a net income of P6.8 billion, up 4% from a year earlier, driven by steady expansion in its core businesses.
The bank delivered a return on equity of 14.2% and a return on assets of 1.5%.
Net interest income remained the main driver, rising 14% year-on-year to P19.5 billion on the back of higher revenues and lower funding costs. This lifted net interest margin by 12 basis points to 4.61%.
Chinabank, the country’s fourth-largest private universal bank, saw total assets grow 12% to P1.9 trillion, supported by an expansion in earning assets.
Gross loans climbed 16% to P1.1 trillion, with demand coming from both corporate and consumer segments.
Deposits rose 13% to P1.5 trillion, while checking and savings accounts (CASA) grew 20%, improving the CASA ratio to 48% from 46% a year ago.
Asset quality held steady, with a non-performing loans ratio of 1.6%. The bank increased loan loss provisions to P684 million, bringing its NPL coverage ratio to 110%.
Total equity reached P192.3 billion, up 10%, with book value per share also rising 10% to P71.42.
At its annual stockholders’ meeting on April 15, 2026, shareholders approved cash dividends totaling P7.5 billion, consisting of a regular dividend of P1.80 per share and a special dividend of P1.00 per share. The payout is 12% higher than last year’s P2.50 per share, underscoring the bank’s solid capital position.
