25 slides from Security Bank Corp. (philippines)'s earnings presentation, April 2026
Slide 1: Investor Presentation FY 2025 Results
Investor Presentation FY 2025 Results
Slide 2: Table of Contents
Table of Contents Contents Page Our Company 3 Market Data 5 Profitability 6 Cost Efficiency 8 Net Interest Margin 9 Fee-Based Income 10 Balance Sheet 11 Funding Structure 12 Loan Portfolio 13 Deposit Portfolio 14 Asset Quality 15 Capital Strength 16 Dividends 17 Annex Key Financials 19 2012-2024 Ini
Slide 3: Our Company
Our Company Security Bank is an independent bank with core businesses in Branches (1) ATMs (1) Wholesale Banking, Financial Markets, and Retail Banking with a solid niche among the mass affluent Filipino-Chinese community. 388 657 ▪ Corporate Banking ▪ Commercial/SME Banking LUZON Wholesale Banking
Slide 4: Market Data
Market Data Security Bank Corporation 2020 2021 2022 2023 2024 2025 Company Identifiers BVPS (PhP) (1) (2) 164.50 165.84 166.88 180.52 187.17 204.54 Bloomberg SECB.PM Reuters SECB PS EPS (PhP) 9.86 9.17 14.00 12.08 14.91 15.42 Stock Price as of Apr 22, 2026 68.00 DPS (PhP) (4) 3.00 3.00 3.00 3.00 3.
Slide 5: Profitability
Profitability Revenues (PhP Bn) Return on Equity (%) (1) 66.9 54.9 14.9 50.4 10.9 1.5 6.4 39.6 43.0 36.8 0.3 15.2 33.9 7.9 13.4 0.3 12.6 12.4 25.6 8.2 10.4 11.9 11.8 25.1 5.6 10.5 10.0 10.7 20.8 1.5 1.2 9.4 10.4 10.1 9.4 8.8 9.1 8.4 18.3 3.3 4.4 50.5 8.1 8.1 7.9 2.4 0.4 43.7 6.26.6 5.6 7.0 3.2 1.8 3
Slide 6: Profitability
Profitability Return on Assets (%) Assets-to-Equity 10.0 9.0 8.8 8.7 8.3 8.4 8.3 8.3 8.1 8.1 8.1 8.0 8.0 7.7 7.1 7.0 6.6 6.7 6.7 6.4 5.6 5.3 1.7 1.5 1.5 1.5 1.4 1.41.4 1.4 1.31.3 1.2 1.2 1.1 1.2 1.1 1.1 1.0 1.01.1 1.1 1.1 0.8 '15 '16 '17 '18 '19 '20 '21 '22 '23 '24 '25 '15 '16 '17 '18 '19 '20 '21 '2
Slide 7: Cost Efficiency
Cost Efficiency Cost-to-Income (%) (2) Operating Expense (PhP Mn) (2) 39,325 33,084 43% 63.6 63.0 63.3 63.6 60.8 60.2 26,099 58.8 57.8 57.557.8 58.8 55.4 43% 53.9 54.0 54.7 54.4 53.2 22,909 51.3 50.2 49.8 51.1 21,284 19,701 41% 12% 39.1 12,483 40% 38% 11% 1% 37% 13,791 1% 11% 12,483 35% 11% 12% 1% 1
Slide 8: Net Interest Margin
Net Interest Margin Earning Asset Yield vs. Funding Cost (%) (1)(2) Net Interest Margin (%) (2) 7.3 6.8 6.5 6.3 6.3 5.3 5.3 4.8 4.7 4.7 4.8 4.4 4.5 5.9 5.9 4.2 4.2 5.4 3.9 4.0 4.1 4.1 3.8 3.8 5.1 3.6 3.3 3.4 3.4 4.5 3.1 3.23.0 3.33.2 3.2 4.4 4.2 2.9 2.9 3.8 3.8 3.9 2.7 3.8 2.8 2.2 2.3 2.1 1.5 1.6 1.
Slide 9: Fee-Based Income
Fee-Based Income Diversified Fee Income Service Charges, Fees and Commissions (PhP Mn) (1) 9,232 9,249 133 210 596 758 Miscellaneous, Deposit Remittance, 2% Charges, 8% 1,724 8% Stock 2,656 Brokerage, 1% 6,359 266 383 5,571 483 503 311 191 358 4,811 364 917 1,213 4,302 137 Bancassurance, 192 852 291
Slide 10: Balance Sheet: Asset & Funding Structure
Balance Sheet: Asset & Funding Structure Total Assets (PhP Bn) Total Liabilities and Capital (PhP Bn) 1,195 1,195 1,129 86 7% 1,129 10% 114 24% 354 30% 872 872 842 12% 275 842 793 16% 106 793 767 13% 767 13% 150 6% 71% 695 694 99 700 19% 58 5% 695 694 700 801 931 78% 99 62 13% 653 20% 17% 167 653 22
Slide 11: Funding Structure
Funding Structure 5% 2% 3% 3% 4% 3% 3% 3% 3% 3% 3% 10% 15% 15% 14% 15% 16% 12% 13% 15% 19% 18% Other Liabilities, 3% 2% 0% 0% 3% 2% 1% 1% 0% 0% 0% 5% 5% 2% 2% 4% 0% 6% 6% 0% 4% 6% 1% 0% Capital, 13% Savings Deposits, 7% 0% 5% 8% 4% 6% 13% 19% 13% 12% 3% 3% 1% 1% 28% 25% 4% Notes 3% 3% Payable, 5% 3%
Slide 12: Loan Portfolio
Loan Portfolio Total Loans (PhP Bn) (1) By Industry(2) 678 697 Manufacturing Others 5% 32% 36% 36% 538 215 251 503 Wholesale/ 29% Retail Trade 449 439 449 24% 416 157 17% 20% 28% 25% 23% 121 Financial 370 104 28% 16% 84 124 111 29% Intermediation 32% 205 204 290 57 31% 3% 13% 33% 33% 34% 32% 33% 160
Slide 13: Deposit Portfolio
Deposit Portfolio Total Deposits (PhP Bn) (1) By Segment 931 Corporate 801 44% Retail 56% 51% 48% 478 606 607 387 524 489 500 42% 41% 440 413 39% 256 250 By Currency 206 347 55% 40% 62% 276 174 290 301 61% 250 60% 208 453 49% 17462% 414 52% 350 58% 356 59% 317 61% FCDU 26660% PHP 22445% 16339% 18838
Slide 14: Asset Quality
Asset Quality Gross NPL Ratio and NPL Cover (%) (1) Gross NPA Ratio and NPA Cover (%) 4.2 4.2 4.2 3.9 3.6 3.6 3.90 3.94 3.37 2.95 2.85 2.89 (2) (2) 1.4 1.17 1.0 1.1 0.9 1.0 0.77 0.83 0.70 0.73 '15 '16 '17 '18 '19 '20 '21 '22 '23 '24 '25 '15 '16 '17 '18 '19 '20 '21 '22 '23 '24 '25 Gross NPL Ratio NPL
Slide 15: Capital Strength
Capital Strength Total CAR (%) Major Philippine Banks’ Capitalization (%) (3) Median CET1 Ratio = 14.9% Median Total CAR = 15.8% 20.5 20.1 19.8 18.7 17.7 17.9 20.8% 19.2 19.1 16.6 16.2 15.2 18.0 20.0% 16.4 16.9 13.8 16.8% 16.1 13.2 15.9% 16.1% 15.5 15.3 14.5% 14.8% 14.9% 13.2% 16.1% 13.5% 12.9 12.3
Slide 16: Dividends
Dividends Dividend Per Share (PhP) (1) Dividend Yield (%) (2) 3.0 5.0 4.6 2.5 4.2 3.4 4.0 3.4 2.0 2.00 2.00 2.00 2.00 2.50 3.0 2.5 1.5 1.00 1.00 3.00 3.00 3.00 3.00 2.2 2.0 1.9 1.0 1.5 1.4 1.2 1.1 0.5 1.00 1.00 1.00 1.00 1.00 1.00 1.0 0.50 0.0 0.00 0.00 0.00 0.00 0.0 '15 '16 '17 '18 '19 '20 '21 '22
Slide 17: Annex
6 SECURITY BANK Annex
Slide 18: Key Financials
Key Financials Net Income After Tax Attributable to Total Resources (Php Bn) Equity Holders of the Parent Company (PhP Mn) 11,628 1,195 11,238 1,129 10,265 10,556 10,102 9,105 8,554 8,610 842 872 7,516 7,699 7,432 767 793 7,160 7,164 6,917 695 694 700 6,682 653 5,012 532 397 348 3,062 2,709 259 2,31
Slide 19: 2012-2025 Initiatives
2012-2025 Initiatives Security Bank Savings › Acquisition closed – Feb 1, 2012 ; Purchase price - PhP 1.3bn, all cash; price-to-book – 2.8x (Formerly Premiere › Branches: 38 all in Metro Manila & Luzon, 10 branches relocated to restricted area Development Bank) › Rebranded as Security Bank Savings -
Slide 20: 2012-2025 Initiatives
2012-2025 Initiatives › 602,831,109 Preferred Shares issued (July 10, 2014) at par value of PhP 0.10 per share Voting Preferred Shares › Voting, non-cumulative, non-participating, non-convertible, not listed, redeemable at option of Issuer › Included in computation of Bank’s foreign ownership level
Slide 21: 2012-2025 Initiatives
2012-2025 Initiatives › On June 28, 2019, the Bank successfully issued its Fixed Rate Peso Corporate Bonds amounting to 2019 Fundraising: PhP 18bn (oversubscribed); priced at 5.875% per annum; maturity on June 28, 2021; listed in the Peso Corporate Bonds Philippine Dealing Exchange. › Proceeds were
Slide 22: 2012-2025 Initiatives
2012-2025 Initiatives 2022 Fundraising: › On July 20, 2022, the Bank successfully issued its Fixed Rate Peso Corporate Bonds amounting to Peso Corporate Bonds PhP 16bn (oversubscribed); priced at 3.7407% per annum; maturity on January 20, 2024. 2022 Fundraising: › On November 10, 2022, the Bank succ
Slide 23: 2012-2025 Initiatives
2012-2025 Initiatives › On May 2, 2025, Security Bank Corporation has completed its acquisition of a 25% stake in HC Strategic Investment in Consumer Finance Philippines, Inc. (HCPH), also known as Home Credit Philippines, the country’s Home Credit Philippines leading consumer financing company. Thi
Slide 24: Leadership Team
Leadership Team Cirilo Noel Leslie Cham Lucose Eralil Luz Pilar De Guzman Chairman Victor Lee Executive Vice President, Executive Vice President, Executive Vice President, Over 30 years of experience & leadership. He President & Chief Executive Enterprise Technology & Branch Banking Chief Risk Offic
Slide 25: Track Record of Excellence
Track Record of Excellence 2025 2025 2024 2024 2023 2023 2023 2022 Philippines’ The Philippines’ Best Corporate Best Retail Best for High Best Retail Best for High- MSCI ESG Philippines’ Best for High- Bank in the Bank in the Net Worth in Bank in the Net-Worth Rating A Best Bank for Net-Worth Philip