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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. BPI Investor Presentation 4Q and FY 2025
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 4Q and FY 2025 Performance Highlights Profitability • Solid full year net income of P66.62 Bn, up 7.4%, driven by strong revenues and positive jaws • 4Q income of P16.13 Bn, up 14.7% Y oY, underscoring stronger profitability even withoutseasonal boost • Sustained strong profitability with full year ROE at 14.5% and ROA at 2.0% Growth • Further increased customer franchise with 18.2 million client base • Achieved faster nationwide reach through 7K agency banking partner stores • Wealth management delivered record net funds contribution and AUM of P1.9 trillion Asset Quality • Overall asset quality remained healthy with sufficient cover • NPL ratio at 2.18%, up 6bps Y oY and down 11bps QoQ • NPL cover at 94.9% Balance Sheet • Loans surged 14.7% Y oY to P2.6 trillion; deposits grew 8.6% Y oY to P2.8 trillion • Strong balance sheet with liquidity and capital ratios well above regulatory requirements • Indicative CET1 ratio at 13.9%; CAR at 14.7%
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 4Q 2024 3Q 2025 4Q 2025 QoQ YoY Net Interest Income 33.74 37.91 38.97 2.8% 15.5% Non-Interest Income 10.64 11.87 13.98 17.8% 31.4% Trading Income 1.30 2.32 3.11 34.3% 139.9% Fee Income 9.34 9.55 10.87 13.8% 16.3% Net Revenues 44.38 49.77 52.95 6.4% 19.3% Opex 24.44 22.75 26.61 17.0% 8.9% PPOP 19.94 27.02 26.34 -2.5% 32.1% Provisions 1.80 4.50 6.00 33.3% 233.3% NIBT 18.14 22.52 20.34 -9.7% 12.1% Income Taxes 4.11 4.97 4.21 -15.1% 2.5% Net Income 14.06 17.53 16.13 -8.0% 14.7% In P bn Quarter-on-Quarter 4Q25 net income at P16.1 Bn, down 8.0% QoQ, primarily due to seasonally higher operating expenses Year-on-Year 4Q25 net income was up 14.7% Y oY, reflecting fundamental growth drivers • Strong revenue growth more than offset higher expenses and provisions • Sustained loans growth, up 14.7%, and NIMs expansion, up 22 bps • Strong fee Income, up 16.3% • PPoP, up 32.1% Profitability – Quarter 3
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 2023 2024 2025 YoY Net Interest Income 104.35 127.59 148.03 16.0% Non-Interest Income 33.97 42.55 47.25 11.0% Trading Income 5.18 6.83 8.29 21.3% Fee Income 28.79 35.72 38.96 9.1% Net Revenues 138.32 170.14 195.28 14.8% Opex 69.11 83.80 92.11 9.9% PPOP 69.21 86.34 103.17 19.5% Provisions 4.00 6.60 17.75 168.9% NIBT 65.21 79.74 85.42 7.1% Income Taxes 13.30 17.50 18.57 6.1% Net Income 51.69 62.05 66.62 7.4% In P bn Profitability – Full Year 4 Fourth consecutive year of strong income growth driven by revenues Record net income of P66.62 Bn, up 7.4%, largely due to revenue growth, which more than offset the increase in operating expenses and provisions Record revenues at P195.28 Bn, up 14.8% Y oY, driven by: • Record net interest income from the strongest loan growth since 2016, and sustained increase in NIMs • Record fee income from higher customer count and customer activities Operating expenses at P92.11 Bn, up 9.9% from volume growth and continued investments PPOP at P103.17 Bn, up 19.5%
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 8.4% 13.1% 15.3% 15.1% 14.5% 2021 2022 2023 2024 2025 1.1% 1.6% 1.9% 2.0% 2.0% 2021 2022 2023 2024 2025 4.85 8.05 10.49 11.78 12.62 2021 2022 2023 2024 20255 Earnings per Share* Return on Assets Return on Equity *(1) 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% +7.1% +12.3% +30.3% Sustaining high returns amid a challenging environment
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 178.7B +5.1% 332.7B +10.0%₱3,651B 161.1B +6.0% 223.7B +8.6%₱2,839B 205.8B +8.5% 336.2B +14.7%₱2,623B 2,295 2,615 2,839 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2,287 1,935 2,623 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2,888 3,319 3,651 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Balance sheet strength supporting market share gains 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 +213bps +495bps92.42% -26bps -249bps60.70% vs. Last Quarter vs. Last Year 6
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 9 15 17 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 11.2B +3.9% 41.0B +15.7% ₱302B 205.8B +8.5% 336.2B+14.7% ₱2,623B As of December 2025 190 261 302 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2.6B +6.1% 10.1B +28.3% ₱46B 152.3B +9.1% 172.3B +10.4% ₱1,825B 53.5B +7.2% 163.9B+25.8% ₱798B 13.8B +27.3% 28.5B +79.7% ₱64B 21.0B +9.7% 57.7B +31.9% ₱239B 16 36 64 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 138 181 239 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 448 634 798 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1,488 1,825 1,653 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1,935 2,287 2,623 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Loans surged 14.7%, outpacing universal/commercial banks' 9.7% industry average TOTAL GROSS LOANS MORTGAGE AUTO 3.9B +3.1% 24.3B +22.9% ₱131B 2024 20252023 CREDIT CARDS INSTITUTIONAL NON-INSTITUTIONAL SME PERSONAL MICROFINANCE 884M +5.6% 2.2B +15.3% ₱17B 77 106 131 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 36 19 46 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year *Includes Motorcycle Loans, at P5Bn, up 22% YoY **Includes Teacher's Loans at P16Bn, up 83% YoY ***
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 3.30% 3.59% 4.09% 4.31% 4.59% 4.02% 4.36% 5.70% 6.42% 6.68% 0.81% 0.87% 1.84% 2.39% 2.37% 5.29% 5.54% 7.15% 7.95% 8.09% 3.10% 3.72% 3.75% 3.61% 3.97% 2021 2022 2023 2024 2025 Quarter NIM YoY Change +16bps +22bps -7bps YoY Change +26bps +28bps -2bps +1bps Consistent NIM improvement driven by yield expansion +14bps 4.37% 4.49% 4.67% 4.62% 4.58% 6.51% 6.63% 6.70% 6.71% 6.67% 2.44% 2.43% 2.31% 2.37% 2.37% 8.04% 8.09% 8.05% 8.16% 8.05% 4Q24 1Q25 2Q25 3Q25 4Q25 Annual NIM * NIM adjusted for Net NPL Formation, 2024 figure includes the effect of NPLs taken in from RBank +36bps Asset Yield NIM Cost of FundsLoan Yield Risk-Adjusted NIM*
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. CASA Mix (in P bn) Note: Other Borrowed Funds include borrowings, repurchase agreements, and interbank loans Non-institutional includes SME, Consumer and Microfinance TimeCASA Other Borrowed Funds +6.0% +0.1% +5.4% +5.6% +5.6% +4.3% InstitutionalNon-Institutional QoQ YoY Total Funding (in P bn) +6.7% +5.6% +6.0% QoQ +5.3% +15.9% +4.3% +10.2% YoY +36.9% Loans to Deposit Loans to Total Funding 82.3% 84.6% 83.7% 83.7% 85.7% 87.5% 89.4% 90.9% 90.3% 92.4% Diversifying funding mix driven by faster growth in borrowings 1,251 1,228 1,245 1,254 1,322 401 382 386 378 401 1,652 1,610 1,631 1,632 1,723 4Q24 1Q25 2Q25 3Q25 4Q25 1,652 1,610 1,631 1,632 1,723 963 966 981 1,045 1,116 163 146 227 212 2232,778 2,723 2,838 2,889 3,062 4Q24 1Q25 2Q25 3Q25 4Q25
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. Rental, 0.2% Asset Sales, 1.2% Sec Brokerage & Inv Banking, 2.9% Retail Loans, 3.5% Corp Clients & Bus Banking, 3.8% Remittance, 4.7% Transaction Banking, 5.8% ATM & Digital Channels, 8.2% Branch Service Charges, 9.4% Insurance, 12.8% Wealth Management, 15.5% Cards, 32.1% 23.8 24.7 28.8 35.7 39.0 5.0 2021 2022 2023 2024 2025 Ranked by Contribution to FY 2025 Fee Income*YoY Growth * gross of GRT and Others +13.8% -13.2% +6.6% +11.4% -2.6% -2.8% -3.9% +6.3% -10.2% +4.1% +43.1% Amounts in P bn Broad-based fee growth supported by core businesses 10 +38.6% +9.1% 29.7 One off
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. -11.3ppts94.92% -2ppts -11bps +6bps2.18% 1.9B +3.4% 8.5B +17.6%₱56.87B 123.61% 156.02% 122.86% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 32 75 23 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 0.33 0.60 2.75 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2.13% 1.84% 2.18% 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 Quarter 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 Provisioning remained elevated, driven by ECL requirements amid a steady NPL ratio * * includes GLLP and reserves for interbank loans 20242023 2025 35.44 48.36 56.87 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 122.86% +0.6ppts -1.1ppts 106.22% 156.08% 94.92% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC11
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 4.55% +2bps +34bps 4.68% +3bps +38bps 4.34% +23bps +52bps 7.16% +16bps +172bps 13.26% +25bps +277bps 0.98% -17bps -31bps 7.35% -12bps +192bps -11bps +6bps 2.18% As of December 2025 4.55% 5.44% 3.72% 4.65% 5.82% 7.16% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 4.50% 3.82% 5.04% 4.26% 3.96% 4.34% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 12.14% 10.49% 14.78% 11.02%11.98% 13.26% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 4.46% 4.30% 3.30% 3.94% 4.64% 4.68% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 4.86% 4.21% 4.79% 4.40% 4.57% 4.55% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 6.75% 5.43% 8.15% 6.74% 6.20% 7.35% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1.06% 1.08% 1.19% 1.29%1.33% 0.98% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL INSTITUTIONAL MORTGAGE CREDIT CARDS AUTO PERSONAL MICROFINANCE SME 2024 20252023 ECL Cover: Coverage Ratio 100.87% 94.92% NPL Cover 126.55% NPL Cover 86.23% NPL Cover 18.35% NPL Cover 145.14% NPL Cover 93.30% NPL Cover 77.33% NPL Cover 93.08% NPL Cover Strong credit quality supported by adequate provisions * Includes Teacher’s Loans 1.83% 1.84% 2.09% 2.13% 2.28% 2.18% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC * vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year vs. Last Quarter vs. Last Year
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 2021 2022 2023 2024 2025 Cost-to-Income 52.1% 48.9% 50.0% 49.3% 47.2% Customer Count (in mn) 8.46 9.31 11.58 16.0 18.2 Headcount 19,181 18,201 19,522 22,602 23,578 Distribution Channels Total Branches 1,120 1,069 1,215 1,252 1,277 BPI 813 752 867 857 823 BanKo 307 317 317 368 412 LSB 31 27 42 Agency Banking Partner Stores 5,344 6,434 7,032 16.2 19.7 23.9 29.7 33.9 8.9 11.4 14.7 16.7 18.8 7.1 7.3 7.3 8.4 9.1 18.5 19.5 23.2 28.9 30.3 50.7 58.0 69.1 83.8 92.1 2021 2022 2023 2024 2025 Cost-to-income ratio continued to improve over the years on higher productivity +19.6% 1/ CIR including impact of sale of property; 51.08% excluding revenue from sale of property 2/ Includes 35 RBC physical branches in FY 2025 1 2 Manpower +4.6% Others +14.1% Premises +8.5% T ech +12.4% T otal +9.9% YoY Operating Expenses (in P bn) 13
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. Strong capital position supporting growth and dividends +5bps 14.68% -115bps - 13.85% -115bps 207.4B +7.7% 252.8B +9.6% ₱2,894B -2.1B -0.5% 34.9B +9.5% ₱401B 14.6% 16.2% 14.7% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 14.7% 13.9% 13.9% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2,118 2,642 2,894 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 324 366 401 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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. 0.9 1.06 1.68 1.98 2.08 0.9 1.06 1.68 1.98 2.28 1.8 2.12 3.36 3.96 4.36 2021 2022 2023 2024 2025 37.9% 40.1% 40.2% 40.4% 37.1% 2021 2022 2023 2024 202515 First Semester Second Semester Payout Ratio = Cash Dividends Declared/Previous Year’s Income vs 2021 +142% Dividend per Share Dividend Payout +10.1% Sustained increases in shareholder remuneration
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THIS DOCUMENT IS THE PROPERTY OF BANK OF THE PHILIPPINE ISLANDS. 1 Profitability: Improved profitability with record income led by revenue 2 Balance Sheet: Solid balance sheet with strong capital levels provides support ongoing growth 3 Asset Quality: Strong asset quality with sufficient allowance 4 Shareholder Returns: Sustained profitability with steadily increasing dividends Summary 16
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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