The net income of Chinabank by 10% to $ 116.8 billion in the first quarter of 2025

Net interest income and total assets have grown in the quarter.

The China Banking Corporation (Chinabank) achieved a net profit of around $ 116.8 billion (PHP6.5 billion USD) in the first quarter of 2025, which is an increase of 10% compared to the same quarter in 2024.

The return on equity for the quarter is 15.1%, while the return of the assets is 1.6%, with the Filipino Bank being released on the Filipino Stock Exchange.

Net interest income rose by 14% to $ 307.4 billion (USD 17.1 billion) for higher assets and loan volume, which compensates for the increased interest expenses.

The net interest rate range is 4.5%.

The total assets rose by 10% to $ 30.55 billion (PHP1.7 t) in the second quarter. Chinabank is the fourth largest private universal bank in the Philippines.

Gross loans rose by 19% to $ 17.15 billion (PHP954B). The NPL ratio (NO -Performing -Loan) is 1.5%and the NPL cover of 112%compared to 108%compared to the fourth quarter of 2024.

The cash dividends are 14% higher, a total of $ 120.44 million (PHP6.7 billion), a distribution rate of 27%.

The CBC shareholders, who will receive regular dividends in the record system of 1.5 per regulars from May 9, 2025, and an additional dividend of the special dividend of PHP1 on May 22, 2025.

(US $ 1 = PHP55.63; from May 20, 2025, Google)