The bank's net income in the first nine months translated to a return on equity of 15.7 percent and a return on assets of 1.6 percent, which were among the highest in the industry.
"This record performance is the result of the hard work of our employees, the continued execution of our strategies, and our steadfast focus on the needs of our customers," Chinabank president and CEO Romeo Uyan Jr. said in a statement.
From January to September, the bank's operating income increased by 14 percent to P46.3 billion amid higher interest income from loans, securities and other investments as well as growth in transaction-based income.
The lender's net interest margin improved to 4.4 percent as of September.
Denne historien er fra November 08, 2024-utgaven av The Philippine Star.
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Denne historien er fra November 08, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Stray Kids at Phl Arena: K-pop powerhouse 'dominATEs' in captivating show
Stray Kids opened their \"dominATE in Bulacan\" show last Nov. 23 with Mountains, shaking up the Philippine Arena with their soaring vocals and powerful choreography.
ANNE CURTIS TO SURPRISE DAUGHTER DAHLIA WITH HER WAX FIGURE IN HONG KONG
IT WAS LIKE A FAMILY AFFAIR OF SORTS DURING the grand unveiling of multimedia superstar Anne Curtis' Madame Tussauds wax figure just last Wednesday in Makati.
Filipino students sweep Singapore Challenge Cup
Young Filipino dance students swept gold and silver recognitions at the recently concluded Singapore Challenge Cup, a multi-genre competition for classical and modern protégés and professionals from across the globe.
'Pulang Araw,' OPM, P-pop music among Filipino cultural works to be sent to the moon
Several Filipino creations are set to soar into new heights, with their legacies to be preserved in a time capsule destined for the moon.
ALEXA MIRO CROSSES THE LINE BETWEEN REAL AND REEL IN HORROR FILM
Alexa Miro straddles between real and reel in \"Strange Frequencies: Taiwan Killer Hospital,\" an official entry at this year's Metro Manila Film Festival (MMFF).
Flowers for Mary
It all began as a promise to a dying friend. Remy Ignacio held the hand of Sister Ludgeris as she lay on her deathbed and asked, \"What is worrying you? Is it your calendar?\"
A JOYFUL CWC BIRTHDAY BASH
The dynamic quartet of Dr. Esther Dee, Lit del Rosario, Baby Ortiz, and Sol Tan Gatue hosted a joyous birthday fellowship luncheon for their close friends from the Catholic Women's Club (CWC) at the social hall of the Santuario de San Antonio Parish in Makati City.
ASIAN HOSPITAL HIGHLIGHTS INNOVATIONS IN SKIN HEALTH
The Asian Hospital and Medical Center's (AHMC) Department of Dermatology hosted its highly anticipated Beauty & Beyond Anti-Aging and Aesthetics lecture series, in celebration of Dermatology Week 2024, dubbed \"LoveyourSkin@AsianDerm.\"
WILCON DEPOT BAGS PRESTIGIOUS AWARDS ANEW
Wilcon Depot shone brightly at the 3rd Rising Tigers Charity Ball held at Shangri-La Makati, receiving the prestigious Company of the Year award.
How Chiang Mai Melted My Heart
Cebu Pacific recently inaugurated a direct flight to Chiang Mai, a historical place with a hundred temples whose walls date back to the 13th century.