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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. BPI Investor Presentation 3Q and 9M 2025
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 3Q and 9M 2025 Performance Highlights Profitability • 9M25 net income at P50.5 billion, up 5.2% Y oY, driven bystrong revenue growth • 3Q25 net income at P17.5 billion, up 7.4% QoQ, largely driven by loan expansion • Indicative ROE at 15.0%; ROA at 2.0% Asset Quality • Increase in NPL ratio is attributed to the expansion of non-institutional loans • Credit quality stabilized QoQ, with adequate coverage • NPL ratio at 2.3%, NPL cover at 96.5% Balance Sheet • Loans grew 13.3% Y oY to P2.4 trillion;Deposits rose 7.7% to P2.7 trillion, with continued gains in market share • Capital and liquidity positions remained robust • Indicative CET1 at 14.9%; CAR at 15.8% Shareholder Returns • Sustained share value creation • EPS at P9.55, up 5.2% • On track to sustain payment of improved cash dividends
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. Profitability – 9M • Net income of P50.5 billion, up 5.2% Y oY, supported by revenue expansion • Net Interest Income, up 16.2% Y oY, driven by loan growth at 13.3%, and a 30bps increase in NIM • Trading income, up 13.5%, against a backdrop of declining interest rates • Fee income, up 6.5%, reflecting growth in transaction activities • T otal revenues reached P142.3 billion, up 13.2% Y oY, sustained positive jaw 9M 2024 9M 2025 YoY Net Interest Income 93.85 109.06 16.2% Non-Interest Income 31.91 33.27 4.2% Trading Income 2.98 3.38 13.5% Forex Income 2.56 1.80 -29.8% Fee Income 26.38 28.09 6.5% Net Revenues 125.76 142.33 13.2% Opex 59.36 65.50 10.3% PPOP 66.40 76.83 15.7% Provisions 4.80 11.75 144.8% NIBT 61.60 65.08 5.7% Income Taxes 13.39 14.36 7.2% Net Income 47.99 50.48 5.2% In P bn
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. Profitability – QoQ 2Q 2025 3Q 2025 QoQ Net Interest Income 36.74 37.91 3.2% Non-Interest Income 11.11 11.87 6.8% Trading Income 1.18 1.78 50.4% Forex Income 0.64 0.54 -16.0% Fee Income 9.29 9.55 2.8% Net Revenues 47.85 49.77 4.0% Opex 22.45 22.75 1.3% PPOP 25.40 27.02 6.4% Provisions 4.25 4.50 5.9% NIBT 21.15 22.52 6.5% Income Taxes 4.71 4.97 5.4% Net Income 16.32 17.53 7.4% In P bn • Revenue-led net income remained intact o Net Interest Income increased despite a slight decline in NIM for the quarter owing to continued support from growth in non-institutional loans o Strong securities trading income, capitalizing on positive market conditions o Lower forex income affected by competition, despite higher transaction volume • Net Income at P17.5 billion, up 7.4%
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 9.10 9.55 9M 2024 9M 2025 7.7% 8.4% 13.1% 15.3% 15.1% 15.0% 2020 2021 2022 2023 2024 9M25 1.0% 1.1% 1.6% 1.9% 2.0% 2.0% 2020 2021 2022 2023 2024 9M25 Consistently strong shareholder returns and profitability Earnings per Share* *(1) For full year EPS: weighted number of shares used in the calculations are net of property dividends of 406,179,276 common shares issued from treasury shares (2) 2022 EPS includes impact of one-off sale of asset; net of one-off, 2022 EPS growth was 50.2% Return on Assets Return on Equity 4.35 4.85 8.05 10.49 11.78 2020 2021 2022 2023 2024 +5.2%
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 65.7B +2.5% 191.8B +7.7% ₱2,677B 42.9B +1.8% 283.3B +13.3% ₱2,417B 73.4B +2.2% 295.8B +9.3%₱3,473B 2,171 2,295 2,486 2,615 2,677 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2,134 2,287 1,795 1,935 2,417 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2,710 2,888 3,177 3,319 3,473 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Balance sheet strength driving gains in market share, supported by a solid funding base ASSETS GROSS LOANS DEPOSITS Outstanding Outstanding Outstanding vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year 20242023 2025 CASA RATIOLOANS TO DEPOSIT vs. Last Quarter vs. Last Year -63bps +443bps90.29% -149bps -200bps60.96% vs. Last Quarter vs. Last Year
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 4.35% 4.37% 4.49% 4.67% 4.62% 6.48% 6.51% 6.63% 6.70% 6.71% 2.41% 2.44% 2.43% 2.31% 2.37% 8.09% 8.04% 8.09% 8.05% 8.16% 3Q24 4Q24 1Q25 2Q25 3Q25 72.6% 72.3% 71.2% 70.3% 69.2% 27.4% 27.7% 28.8% 29.7% 30.8%2,134 2,287 2,304 2,375 2,417 3Q24 4Q24 1Q25 2Q25 3Q25 YoY Change +23bps +27bps -4bps YoY+1.8% +13.3% Quarter NIMGross Loans (in P bn) Institutional Non-Institutional Non-institutional loan growth ahead of target, supporting NIM resilience +7bps Asset Yield NIM Cost of FundsLoan Yield Note: Non-institutional includes Business Banking/SME, Consumer and Microfinance
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 8 9 14 15 16 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 7.8B +2.8% 46.4B +19.0% ₱291B 42.9B +1.8% 283.3B +13.3% ₱2,417B As of September 2025 185 190 244 261 291 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2.4B +5.9% 10.3B +31.4% ₱43B 3.6B +0.2% 123.9B +8.0% ₱1,673B 39.2B +5.6% 159.4B +27.2% ₱745B 8.2B +19.3% 21.2B +72.3% ₱51B 14.4B +7.1% 50.9B +30.6% ₱217B 14 16 29 36 51 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 125 138 167 181 217 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 399 421 448 556 585 634 745 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1,374 1,488 1,673 1,549 1,653 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1,795 1,935 2,134 2,287 2,417 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Loan growth driven by continued shift to high-yield segments TOTAL GROSS LOANS MORTGAGE AUTO 5.4B +4.5% 28.2B +28.7% ₱127B vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year 2024 20252023 vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year CREDIT CARDS INSTITUTIONAL NON-INSTITUTIONAL vs. Last Quarter vs. Last Year BUSINESS BANK PERSONAL MICROFINANCE 966M +6.5% 2.3B +16.8% ₱16B vs. Last Quarter vs. Last Year 72 77 98 106 127 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 33 36 16 19 43 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC vs. Last Quarter vs. Last Year
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 1,201 1,251 1,228 1,245 1,255 363 401 382 386 377 1,565 1,652 1,610 1,631 1,632 3Q24 4Q24 1Q25 2Q25 3Q25 CASA Mix (in P bn) TimeCASA Other Borrowed Funds Note: Other Borrowed Funds include borrowings, repurchase agreements, and interbank loans Non-institutional includes Business Banking/SME, Consumer and Microfinance -2.3% +3.7% +0.8% +4.5% +0.1% +4.3% InstitutionalNon-Institutional QoQ YoY 1,565 1,652 1,610 1,631 1,632 921 963 966 981 1,045 158 163 146 227 2122,644 2,778 2,723 2,838 2,889 3Q24 4Q24 1Q25 2Q25 3Q25 Total Funding (in P bn) +6.6% +0.1% +1.8% QoQ -6.4% +13.5% +4.3% +9.3% YoY +34.0% Loans to Deposit Loans to Total Funding 80.7% 82.3% 84.6% 83.7% 83.7% 85.9% 87.5% 89.4% 90.9% 90.3% Diversifying funding sources with faster growth in borrowings
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 120.42% 123.61% 158.89% 156.02% 122.26% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 35.20 35.44 48.81 48.36 55.01 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 111.17% 107.13% 158.95% 156.08% 96.47% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2.30% 2.13% 1.97% 1.84% 2.29% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC -14.7ppts96.47% -59bps 2.29% +4bps -1bp 1.9B +3.6% 6.2B +12.7%₱55.01B 31 32 23 23 68 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 0.33 0.33 0.60 0.60 1.50 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC CREDIT COST (in bps) NPL LEVEL (in ₱ bn) NPL RATIO NPL COVER, PRFS 9 PROVISIONS (in ₱ bn) vs. Last Quater vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year YTD NPL COVER, BSP Cir. 941 vs. Last Quarter vs. Last Year 122.26% -1.5ppts +1.8ppts Asset quality remained manageable amid growth * * includes GLLP and reserves for interbank loans 20242023 2025
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. -4bps +1.8ppts 7.47% +1.2ppts +1.4ppts 7.00% -3bps +26bps 4.11% -47bps +2.5ppts 13.01% +32bps +15bps 4.65% -8bps -48bps 4.53% +4bps -1bp As of September 2025 2.29% 5.63% 5.43% 7.65% 6.74%7.47% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 94.80% NPL Cover 77.28% NPL Cover 96.87% NPL Cover 145.02% NPL Cover 17.42% NPL Cover 87.00% NPL Cover NPL Cover124.05% 5.59% 5.44% 4.03% 4.65% 7.00% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 3.85% 3.82% 4.59% 4.26%4.11% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 10.47% 10.49% 12.21% 11.02% 13.01% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 4.50% 4.30% 3.69% 3.94% 4.65% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 5.01% 4.21% 4.24% 4.40% 4.53% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1.25% 1.08% 1.39% 1.29% 1.15% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1.97% 1.84% 2.30% 2.13%2.29% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC ECL-driven provisioning amid stabilizing NPL ratio TOTAL INSTITUTIONAL MORTGAGE CREDIT CARDS AUTO PERSONAL vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year MICROFINANCE vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year BUSINESS BANK vs. Last Quarter vs. Last Year 2024 20252023 vs. Last Quarter vs. Last Year 96.47% NPL Cover -6bps -24bps 1.15% ECL Cover: Coverage Ratio 102.48%
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 9.39 9.34 9.25 9.29 9.55 3Q24 4Q24 1Q25 2Q25 3Q25 Rental, 0.2% Asset Sales, 1.0% Sec Brokerage & Inv Banking, 2.5% Retail Loans, 3.1% Corp Clients & Bus Banking, 3.8% Remittance, 4.6% Transaction Banking, 5.6% ATM & Digital Channels, 8.3% Branch Service Charges, 9.5% Insurance, 12.6% Wealth Management, 15.9% Cards, 32.8% Steady growth in fee income, supported by core businesses Ranked by Contribution to 9M 2025 Fee Income*YoY Growth * gross of GRT and Others +17.3% -8.8% +4.4% +7.5% +1.5% -4.6% -5.4% -2.2% +26.0% -26.0% -1.6% +14.2% +1.7% +2.8% YoY QoQ Fee Income (in P bn)
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 2020 2021 2022 2023 2024 9M 2025 Cost-to-Income 47.3% 52.1% 48.9% 50.0% 49.3% 46.0% Customer Count (in mn) 8.57 8.46 9.31 11.58 16.0 17.8 Headcount 19,952 19,181 18,201 19,522 22,602 23,260 Distribution Channels Total Branches 1,170 1,120 1,069 1,215 1,252 1,256 BPI 866 813 752 867 857 837 BanKo 304 307 317 317 368 392 LSB 31 27 27 Agency Banking Partner Stores 5,344 6,434 6,943 7.3 9.5 6.7 7.9 8.2 4.4 5.1 4.0 4.4 4.5 2.2 2.3 2.1 2.3 2.3 7.2 7.4 7.5 7.9 7.7 21.1 24.4 20.3 22.4 22.8 3Q24 4Q24 1Q25 2Q25 3Q25 Cost-to-income continues to improve on higher productivity +19.6% 1/ CIR including impact of sale of property; 51.08% excluding revenue from sale of property 2/ Includes 117 RBC physical branches in 9M 2025 1 2 Manpower +7.0% Others +11.9% Premises +7.0% T ech +3.2% T otal +7.9% YoY Operating Expenses (in P bn)
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 15.76% 51bps 20bps 14.93% 48bps 18bps 41.4B +1.6% 184.3B +7.3% ₱2,694B 18.9B +4.9% 32.2B +8.7% ₱402B 15.6% 14.6% 16.7% 16.2%15.8% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 15.9% 15.3% 14.7% 13.9% 14.9% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2,019 2,118 2,510 2,642 2,694 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 320 324 370 366 402 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Capital strength supports ongoing expansion Year-to-date RWA Year-to-date CET1 RATIO Year-to-date CAR Year-to-date vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year CET1 Note: Effective January 1, 2022, minimum regulatory CET1 requirement for BPI is 10.125% Indicative CET1 ratio and CAR as of Sept 2025 20242023 2025
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 1 Profitability: Sustained revenue-led performance 2 Balance Sheet: Healthy liquidity and capital position 3 Asset Quality: Asset quality remained manageable amid growth 4 Growth: Accelerating growth through digital leadership 15 Summary
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For your comments and queries contact us via: investorrelations@bpi.com.ph https://www.bpi.com.ph/ Scan the QR code to download the 2024 Integrated Report or visit https://www.bpi.com.ph/about-bpi/investor-relations/integrated-reports
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. DISCLAIMER: This presentation has been prepared by the Bank of the Philippine Islands (“BPI” or the “Company”) solely for informational purposes. All contents hereof are the sole and exclusive property of BPI. Nothing in this presentation shall be considered a solicitation, offer, advice or recommendation to investors or potential investors in relation to holding, purchasing or selling securities or other financial products or instruments. In all cases, interested parties should conduct their own investigation and analysis of the Company and the data set forth in this presentation. BPI makes no representation or warranty as to the accuracy or completeness of information in this presentation and shall not have any liability for any representations (expressed or implied) regarding information contained in, or for any inaccuracies or errors in, or omissions from, this presentation. This presentation may contain forward looking statements including statements regarding the Company’s intent, belief or current expectations with respect to BPI’s [businesses and operations, market conditions, results of operation and financial condition, capital adequacy , specific provisions and risk management practices]. Readers are cautioned not to place undue reliance on these forward-looking statements. BPI does not undertake any obligation to publicly release the result of occurrence of unanticipated events. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside BPI’s control. You may also reach out to BPI's complaints handling unit for other inquiries and concerns, send us a message via www.bpi.com.ph/contact or call our 24-Hour BPI Contact Center at (+632) 889-10000. BPI is regulated by the Bangko Sentral ng Pilipinas. https/ /www.bsp.gov.ph Important Information