Bank of the Philippine Islands 1st Half Net Profit up 52% at PHP9.4 Billion

Bank of the Philippine Islands (BPI.PH) said Wednesday its first-half net profit surged 52% to 9.4 billion pesos ($225 million) from PHP6.2 billion a year earlier, supported by a 24% improvement in revenues.

Net interest income in the January-June period rose 9% and fee-based income gained 51%, the bank said in a statement to the stock exchange.

The lender's loan portfolio totaled PHP480 billion in the first half, a 17% increase from a year earlier.

Net profit for the second quarter rose 8% to PHP3.6 billion from a year earlier.

Write to Cris Larano at cris.larano@dowjones.com and Rhea Sandique-Carlos at rhea.sandique-carlos@dowjones.com

Order free Annual Report for BANK OF THE PHILIPPINES (BPI)

Visit http://djnweurope.ar.wilink.com/?ticker=PHY0967S1694 or call +44 (0)208 391 6028

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Copyright 2012 Dow Jones Newswires

More here:

Bank of the Philippine Islands 1st Half Net Profit up 52% at PHP9.4 Billion

Related Posts
  • Water Purification Island [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Private Islands: South China Sea Style [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • The Best of Fiji [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • High Cay: Bahamas [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • The World: Back on the Market [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • The Island Market is Back [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Haunted Halloween Island [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Ambergris Island Property [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Paradise Sinking [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Parrot Cay: Own a Piece of Privacy [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • An Icky Day [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • It's a Cory's! [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • There she blows! [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Bye bye Whale [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • No Bunting Mistake [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Whale of a time... [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Leaving day [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Look who's back... [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Lanced... [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Migrants role in... [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Pups away! [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Double take [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Northerly wind blows [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Northern visitors [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Siege! [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Storm time [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Storm season [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Storming over [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Sealing mission [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Still no go [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Over they go! [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • All change [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Welcome back storms [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Fight club [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • V Australia to Fiji [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Tahiti Sun Travel For Sale [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Cook Islands Travel Guide [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Perfectly Frank – Fiji [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Cook Islands Tax Hike [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Easter Island Travel Guide [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Surviving Paradise [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Canada Seal Hunt ‘09 [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Tuvalu Travel Guide [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Saudi Arabian Sojourn [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
  • Laurent Pichot on Moorea [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • The Largest Island for Sale in the World. [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Isla Kiniw: Incredible Island Rental [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Save at Sandals Resorts [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Marvelous Mediterranean: Skyropoula Island [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Branson Talks Necker Island [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Hog Island: Affordable Nova Scotia [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • The Banyan Tree: Seychelles [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Celebrity Secret Vacation Spots [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Star Island [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • 7 Islands in 7 Days [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Counting continues [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Life goes on [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Payback time [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • No let up [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Game on [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Deal or No Deal? [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Food glorious food [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Mainland beckons... [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • The tempest is coming [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Tought times ahead [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Tystie day [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Saying Goodbye...maybe [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Departure Day [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Seal pups [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Seabird Breeding Season 2009 [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • Maritime Terminal Papeete Tahiti [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
  • A splash of colour [Last Updated On: December 14th, 2009] [Originally Added On: December 14th, 2009]
  • Tiger Woods Wife purchases Island Retreat [Last Updated On: December 15th, 2009] [Originally Added On: December 15th, 2009]
  • New Flights to Fiji [Last Updated On: December 18th, 2009] [Originally Added On: December 18th, 2009]
  • Five Star Fiji [Last Updated On: December 19th, 2009] [Originally Added On: December 19th, 2009]
  • Go Farther in Nicaragua [Last Updated On: December 19th, 2009] [Originally Added On: December 19th, 2009]
  • Zoo Island [Last Updated On: December 21st, 2009] [Originally Added On: December 21st, 2009]
  • Seasons Greetings 2009 [Last Updated On: December 23rd, 2009] [Originally Added On: December 23rd, 2009]
  • Green Ark Island [Last Updated On: December 23rd, 2009] [Originally Added On: December 23rd, 2009]
  • Merry Christmas! [Last Updated On: December 25th, 2009] [Originally Added On: December 25th, 2009]

Comments are closed.