Rizal Commercial Banking Corporation · PSE:RCB
Rizal Commercial Banking — Q1 2025 Earnings Presentation
20 slides from Rizal Commercial Banking's earnings presentation, May 14, 2025
Slide 1: RCBC 1Q 2025 Analyst Briefing
RCBC 1Q 2025 Analyst Briefing May 14, 2025 Disclaimer: We may make forward-looking statements and refer to non-GAAP financial measures during the briefing. Forward-looking statements are based on management's current expectations and assumptions that are subject to risks and uncertainties. Factors t
Slide 2: Macroeconomic Outlook
Macroeconomic Outlook Michael Ricafort Chief Economist
Slide 3: Market forecasts and catalysts for 2025
Market forecasts and catalysts for 2025 Key Market Catalysts: Philippine GDP Growth Estimates (2025-2026) Fed uncertainty keeps rates elevated Multilateral 2025 2026 1 10-year US Treasury yield at 4.31% with markets pricing in fewer rate cuts in 2025 due to inflation Institutions Forecast Challenger
Slide 4: Market forecasts and catalysts for 2025
Market forecasts and catalysts for 2025 Philippine Economic Outlook US & Philippine Policy Rate Outlook Economic 2023 2024 2025 Economic 3-Month Challenger 6-Month 1-Year Forecast Bank Indicators Actual Actual Forecast Indicators Forecast Forecast GDP Growth 5.5% 5.6% 5.5%-6.0% Strategy USD/PhP (Yea
Slide 5: 1Q 2025 Performance
1Q 2025 Performance Chrissy P. Alvarez Corporate Planning Head
Slide 6: 1Q 2025 Key Highlights
1Q 2025 Key Highlights Sustained profit momentum backed by core business ₱2.4B ₱715B in loans; +13% vs • Delivered ₱2.4Bn net income, fueled by strong net interest and fee income growth net income 1Q24 • Boosted net interest margin to 4.2% through solid performance in consumer lending • Achieved 26%
Slide 7: Consolidated Financial Overview
Consolidated Financial Overview Income Statement 1Q25 1Q24 Change YoY Financial Ratios 1Q25 1Q24 YoY Amounts in PhP Millions, except YoY Gross Income 14,660 12,237 2,243 19.8% PROFITABILITY Net Interest Income 12,308 9,560 2,748 28.7% ROE 6.0% 5.6% 0.4% ROA 0.7% 0.7% 0.0% Fee Income 2,572 2,046 527
Slide 8: Strong revenue growth fueled by core business
Strong revenue growth fueled by core business Gross Revenue Quarterly Net Interest Income +28.7% YoY 12.3 YoY 11.2 11.6 12.2 14.7 20% 9.6 10.2 4.2% 3.9% 2.35 (12.1%) 3.7% 3.8% 2.68 3.6% Q124 Q224 Q324 Q424 Q125 Net Interest Income Quarterly NIM Fee Income 2.6 +25.7% YoY 16% 12.31 2.0 9.56 28.7% 4% 5
Slide 9: Consumer loans continue to drive total loan portfolio
Consumer loans continue to drive total loan portfolio YoY Loan Portfolio1 Loan Mix 709 12% 631 Consumer Loans 306 39% 220 39% 43% 709B Auto Loans Housing Loans 126 130 3% 18% Credit Cards PL/SL 285 273 (4%) Consumer SME Corporate 1Q24 1Q25 1Total Gross Loan to Customer Corporate SME Consumer2 2Consu
Slide 10: Improving NIM from higher yields and better cost of funds
Improving NIM from higher yields and better cost of funds Historical Cost of Funds and Asset Yield Quarterly Net Interest Margin Trend in % in % 7.23% 4.2% 3.9% 3.19% 3.8% 3.7% 3.6% Q124 Q224 Q324 Q424 Q125 Q124 Q224 Q324 Q424 Q125 Quarterly NIM Cost of funds Asset Yield 13
Slide 11: Consistent double-digit gains in consumer loans
Consistent double-digit gains in consumer loans Consumer Loans & Credit Cards portfolio ₱59B in PHP billions, % growth year-on-year CARDS & PL +50% in issuing billing; 42% higher 8.40% compared to year ago levels 39% vs industry’s 18% MORTGAGE +24% +48% in auto loan bookings for MTD March 2025 vs. p
Slide 12: Sustained consumer loan activity fuels expansion
Sustained consumer loan activity fuels expansion Credit Card Issuing Billings In Php Billions 15.2 15.4 14.4 17.9 17.7 16.6 18.1 18.6 20.5 20.5 18.2 20.4 1.33M 13.6 cards in force; 22% higher than last year Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 ₱1
Slide 13: Managed NPL levels with strategic risk controls
Managed NPL levels with strategic risk controls Gross NPL Ratio Gross NPL ratio per segment As of March 31, 2025 5.10% Corporate 1.6% 4.33% SME 6.7% Consumer 4.8% Credit Card & PL/SL 4.3% A combination of digital innovation, tightened credit, and proactive management kept loan segment NPLs well-cont
Slide 14: Cash management solutions to drive deposit strategy
Cash management solutions to drive deposit strategy Historical Deposits & CASA in Php Billions 1,022 8.40% 957 959 972 857 CheckScan transaction Double-digit jump in Bills collection brought values up by 74%, CashCube business at PHP 15B increase in pushing transactions up 32% vs previous year trans
Slide 15: Next-level digital tools focused on intuitive UX
Next-level digital tools focused on intuitive UX All-in-One Lifestyle App App for Lifehacks and PH’s 1st neighborhood & Digital Credit last mile ATM network 2.0B 1.3M 5,855 AI-powered digital loan enabler for smarter business strategies: digital loan bookings Transaction Volume Terminals ✔ Optimized
Slide 16: RCBC's Sustainability Impacts at a Glance
RCBC’s Sustainability Impacts at a Glance Our framework is aligned with internationally recognized guidelines *Data as of end March 2025 ₱127B 23 Total Eligible Sustainable Renewable Energy Portfolio Projects Funded 4.6x 67% Higher Sustainable Sustainability Bonds Portfolio vs. Coal Exposure 13.5% A
Slide 17: Over 100 global and regional awards in 5 years!
Over 100 global and regional awards in 5 years!
Slide 18: Question & Answer
Question & Answer
Slide 19: For more information about RCBC, please contact Investor_Relations@rcbc.com
For more information about RCBC, please contact Investor_Relations@rcbc.com
Slide 20: RCBC partners
t~ A A RCBC fartners through
Rizal Commercial Banking — Q1 2025 Earnings Presentation on 6ix