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April 21, 2024

BPI records P10.1 billion profit in Q3

The bank’s Q3 profit was mainly driven by higher revenue growth.

Bank of the Philippine Islands (BPI) announced a P10.1-billion net income in the third quarter backed by higher revenues generated. BPI announced in a disclosure that its third-quarter revenue stood at P29.8 billion driven by higher net interest income and non-interest income, and a higher customer base with over 9 million. The bank’s year-to-date net income went up to P30.5 billion.