Rizal Commercial Banking Corporation · PSE:RCB
Rizal Commercial Banking — 1H 2025 Earnings Presentation
28 slides from Rizal Commercial Banking's earnings presentation, 2025
Slide 1: Disclaimer
Disclaimer ANY INVESTMENT DECISION TO PURCHASE SECURITIES IN THE CONTEXT OF A PROPOSED OFFERING, IF ANY, SHOULD BE MADE ON THE BASIS OF THE FINAL TERMS AND CONDITIONS OF THE SECURITIES AND THE INFORMATION CONTAINED IN THE OFFERING CIRCULAR PUBLISHED IN RELATION TO SUCH AN OFFERING AND NOT ON THE BAS
Slide 2: RCBC 1H 2025 Investor Presentation
RCBC 1H 2025 Investor Presentation 2
Slide 3: 1H 2025 Performance
1H 2025 Performance
Slide 4: 1H 2025 Key Highlights
1H 2025 Key Highlights Consumer loans drive strong profitability • Gross income surged by 21.5%, supported by a robust 4.6% NIM 6,549 ₱5.3B • NII soars by 33.4% vs. previous year driven by robust consumer loan expansion ATMGo Terminals as net income of June 30, 2025 • Service fees and commissions ju
Slide 5: Consolidated Financial Overview (January to June)
Consolidated Financial Overview (January to June) Income Statement 1H25 1H24 Change YoY Financial Ratios 1H25 1H24 YoY Amounts in PhP Millions, except YoY Gross Income 30,377 25,010 5,367 21.5% PROFITABILITY Net Interest Income 26,341 19,748 6,592 33.4% ROE2 6.9% 5.7% 1.1% ROA 0.8% 0.7% 0.1% Fee Inc
Slide 6: Consolidated Financial Overview (April to June)
Consolidated Financial Overview (April to June) Income Statement 2Q25 2Q24 Change % Change Amounts in PhP Millions, except % Change Gross Income 15,717 12,773 2,944 23.0% Net Interest Income 14,033 10,189 3,844 37.7% Fee Income 2,812 1,890 922 48.8% Operating Expenses 8,576 7,613 962 12.6% Impairmen
Slide 7: Robust core business performance
Robust core business performance Quarterly Net Interest Income Gross Revenue YoY 14.0 +37.7% 11.2 11.6 12.3 25.0 30.4 22% 10.2 YoY 4.6% 4.04 (23.3%) 3.8% 3.9% 4.2% 5.26 3.7% 2Q24 3Q24 4Q24 1Q25 2Q25 Net Interest Income Quarterly NIM Fee Income 26.34 33.4% 19.75 5.4 +36.8% 16% YoY 3.9 4% 24% 56% 1H24
Slide 8: Consumer loans continue to drive the portfolio
Consumer loans continue to drive the portfolio Loan Portfolio1 Loan Mix YoY 742 13.4% Consumer Loans 654 3% 23% PL/SL 329 37.8% 239 Auto Loans 39% 44% 35% 742B Housing Loans 127 125 (1.9%) Credit Cards 39% 17% 288 289 0.2% Consumer SME Corporate 1Total Gross Loan to Customer 2Consumer refers to Auto
Slide 9: Sustained NIM improvement from higher yields and better cost of funds
Sustained NIM improvement from higher yields and better cost of funds Historical Cost of Funds and Asset Yield Quarterly Net Interest Margin Trend in % in % 7.32% 4.6% 4.2% 3.7% 3.8% 3.9% 2.94% 2Q24 3Q24 4Q24 1Q25 2Q25 2Q24 3Q24 4Q24 1Q25 2Q25 Asset Yield Quarterly NIM Cost of funds 9
Slide 10: Consistent double-digit consumer loan expansion
Consistent double-digit consumer loan expansion Consumer Loans portfolio ₱121.0B in PHP billions, % growth year-on-year CARDS & PL +47% in issuing billing; 41% higher compared 38% to year ago levels + vs industry’s* industry’s 24% 18% MORTGAGE +24% ₱18.3B in mortgage loan bookings, up by 21% vs. LY,
Slide 11: Strong growth in credit cards & personal loan bookings
Strong growth in credit cards & personal loan bookings P92K 1.40M P128B in receivables per card, cards in force; 24% higher in balances; 44% better than industry’s Php 64K per CC holder than last year, 219k new cards as of 1H25 improvement from last year’s level P11.1B personal loans Credit Card Iss
Slide 12: Focus on Quality Capital
Focus on Quality Capital 16.41% 16.08% 16.21% AT1 CAR CAR CAR Redemption 0.84% 0.89% 0.90% 1.77% 1.65% 1.61% 13.83% 13.53% 13.71% 10% Regulatory Minimum Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 2024 2024 2024 2024 2024 2024 2024 2025 2025 2025 2025 2025 2025 2025 2025 CET1 AT1 Tie
Slide 13: Challenges in SME portfolio contributing to higher NPL ratios
Challenges in SME portfolio contributing to higher NPL ratios Gross NPL Ratios Corporate 1.66% The SME portfolio only accounts for 17% of the total loan portfolio, and contains accounts experiencing stress pending restructuring. SME 8.19% Despite overall NPL ratio increasing due to portfolio growth,
Slide 14: Cash management to support deposit growth
Cash management to support deposit growth Historical Deposits & CASA in Php Billions 1,022 8.40% 957 960 983 857 CheckScan Double-digit Bills collection transaction values jump in brought PHP up by 68%, pushing CashCube 58B increase in transactions up to business at 38% transactions 672 value YoY PH
Slide 15: Intuitive digital UX powers solid performance
Intuitive digital UX powers solid performance RCBC Pulz DiskarTech ₱4.5B 193K Bills and eLoad ₱141M Payments digital loan bookings ₱220.1B 8.8k P2M Payments ₱26M Transaction Value RCBC Pulz Trxn Volume in Php Millions ATM Go 41% 29.6 YoY Growth 41% 5 year CAGR 13.5 19.0 6,549Terminals 2020 2021 2022
Slide 16: RCBC's Sustainability Impacts at a Glance
RCBC’s Sustainability Impacts at a Glance Our framework is aligned with internationally recognized guidelines ₱138B (As of July 2025) ₱65B (As of July 2025) ₱32B Total Eligible Allocated for Raised from Sustainable Renewable Sustainability Portfolio Energy Projects Bonds in 2025 MW total RE capaciti
Slide 17: Additional Information
Additional Information
Slide 18: Key milestones in the RCBC story
Key milestones in the RCBC story RCBC was incorporated and Acquired 67% stake in Bankard Acquired First Malayan Launched DiskarTech, RCBC’s 1960 2000 2012 2020 financial inclusion super app began operations in Rizal Inc. Leasing and Finance Corporation (now known as Gained 17 awards, including the R
Slide 19: Investment Information
Investment Information Ownership Structure Market Data Particulars As of June 30, 2025 Ticker RCB Outstanding Shares 2,419.54M Public Float 8.40% Stock Price 25.60 Pan Malayan Management Market Capitalization PhP 61.940B (USD 1.10B)¹ 13.4% and Investment Corp. (PMMIC) BV per share PhP 61.40² 4.5% 33
Slide 20: Comprehensive and Diversified Business Platform
Comprehensive and Diversified Business Platform RCBC Forex RCBC Leasing RCBC Int’l. RCBC Capital Rizal Microbank RCBC Trust Brokers and Finance Finance Corporation Microfinance Thrift Corporation Investment Bank Corporation Bank Corporation Hong Kong Finance Trust Services 99.96% Forex Broker 100% L
Slide 21: Appendix
Appendix o€ ~
Slide 22: Consolidated Income Statement
Consolidated Income Statement 1H25 1H24 Change YoY Interest Income 42,280 38,184 4,096 10.7% Interest Expense 15,939 18,435 -2,496 -13.5% Net Interest Income 26,341 19,748 6,592 33.4% Other Income 4,036 5,262 -1,226 -23.3% Trading Gains and Forex -2,822 -237 -2,585 1091.6% Service Fees & Commissions
Slide 23: Consolidated Balance Sheet
Consolidated Balance Sheet 1H25 1H24 Change YoY Cash/Due from BSP & Other Banks 116,842 157,574 -40,732 -25.8% Investment Securities 388,794 373,782 15,012 4.0% FVTPL 11,417 13,988 -2,571 -18.4% FVOCI 125,091 98,080 27,011 27.5% Held to Maturity Investments 252,286 261,714 -9,428 -3.6% Loans (net of
Slide 24: Consolidated Financial Ratios
Consolidated Financial Ratios 1H25 1H24 Change Profitability ROE* 6.9% 5.7% 1.1% ROA 0.8% 0.7% 0.1% NIM 4.6% 3.7% 0.9% Cost Efficiency CIR 56.6% 61.5% -4.9% Asset Quality Net NPL Ratio 2.7% 2.0% 0.7% NPL Coverage Ratio** 74.4% 81.3% -6.9% Capital CAR 16.2% 16.4% -0.2% CET1 13.7% 13.8% -0.1% *ROE is
Slide 25: Historical Income Statement
Historical Income Statement 2020 2021 2022 2023 2024 Interest Income 36.9 37.1 45.8 66.3 79.0 Interest Expense 10.7 8.3 14.6 32.7 36.6 Net Interest Income 26.3 28.8 31.2 33.6 42.5 Other Income 11.6 7.6 13.2 16.4 10.9 Trading Gains and Forex 6.7 1.0 1.5 0.4 -0.5 Service Fees & Commissions 3.5 4.5 5.5
Slide 26: Historical Balance Sheet
Historical Balance Sheet 2020 2021 2022 2023 2024 Cash/Due from BSP & Other Banks 148 157 181 187 153 Investment Securities 88 219 374 331 429 FVTPL 5 6 7 12 10 FVOCI 40 50 115 82 159 Held to Maturity Investments 43 164 252 237 260 Loans (net of Interbank) 449 508 531 622 710 Other Assets 81 61 78 6
Slide 27: Historical Financial Ratios
Historical Financial Ratios 2020 2021 2022 2023 2024 Profitability ROE* 5.5% 6.7% 11.2% 9.5% 6.0% ROA 0.7% 0.8% 1.2% 1.1% 0.7% NIM 4.3% 4.1% 3.7% 3.4% 3.8% Cost Efficiency CIR 58.2% 61.9% 56.5% 59.2% 61.7% Asset Quality Net NPL Ratio 2.9% 3.3% 2.0% 1.3% 2.0% NPL Coverage Ratio** 79.2% 63.7% 84.4% 89
Slide 28: For more information about RCBC, please contact Investor_Relations@rcbc.com
For more information about RCBC, please contact Investor_Relations@rcbc.com
Rizal Commercial Banking — 1H 2025 Earnings Presentation on 6ix