Bank of the Philippine Stock (OTC: BPHLF)

Latest news for Bank of the Philippine (OTC:BPHLF) Stock

Bank of the Philippine Islands is a universal bank offering a range of financial products and solutions for both retail and corporate customers. BPI's services include consumer banking and lending, asset management, insurance, securities brokerage and distribution, foreign exchange, leasing, and corporate and investment banking. It has three business segments Consumer banking, Corporate banking and Investment banking. It derives maximum revenue from Consumer Banking Segment.

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BPHLF

Bank of Philippine Islands Q1 Net Profit Surges 52%

BANK OF PHILIPPNE ISLANDS by Bank of the Philippine Islands

Bank of the Philippine Islands

Bank of the Philippine Islands (OTC: <a class="ticker" href="/stock/bphlf#OTC">BPHLF</a>) reported a 52% rise in its first-half net profit. 

The bank's net profit jumped to 9.4 billion pesos ($225 million) in the period, versus PHP6.2 billion, in the year-ago period. Its revenue surged 24% in the period. 

Its net interest income in same period climbed 9%. Its loan portfolio rose 17% y/y to PHP480 billion in the first half. 

The bank's net profit in the second quarter gained 8% y/y to PHP3.6 billion.

Bank of the Philippine

Bank of the Philippine Islands (OTC: <a class="ticker" href="/stock/bphlf#OTC">BPHLF</a>) reported a 52% rise in its first-half net profit. 

The bank's net profit jumped to 9.4 billion pesos ($225 million) in the period, versus PHP6.2 billion, in the year-ago period. Its revenue surged 24% in the period. 

Its net interest income in same period climbed 9%. Its loan portfolio rose 17% y/y to PHP480 billion in the first half. 

The bank's net profit in the second quarter gained 8% y/y to PHP3.6 billion.

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Bank of the Philippine

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Latest news for Bank of the Philippine (OTC:BPHLF) Stock

Wednesday, August 01, 2012