Bank Of The Philippine Islands · PSE:BPI
Bank Of The Philippine Islands — Investor Presentation (December 2024)
24 slides from Bank Of The Philippine Islands's investor presentation, December 2024
Slide 1: BPI Company Profile
BPI Company Profile As of December 2024
Slide 2: BPI: Building a Better Philippines
BPI: Building a Better Philippines In Php bn Balance Sheet 2022 2023 2024 YoY 2yr CAGR Overview Total Assets 2,604.0 2,888.4 3,318.8 14.9% 12.9% Gross Loans 1,756.8 1,935.3 2,287.0 18.2% 14.1% ✓ The first bank in the Philippines and Southeast Asia, and the longest tenured bank with 173 years of cont
Slide 3: Key Milestones of BPI
Key Milestones of BPI Year Firm Description • Founded in 1851, as Banco Español Filipino de Isabel II, by Catholic charities 1974 People's Bank & Trust Retail banking • Antonio de Ayala was the inaugural member of board 1981 Commercial Bank & Trust Expands BPI's middle market presence 1982 Ayala Inv
Slide 4: Credit Ratings
Credit Ratings Moody's1 Fitch Ratings2 S&P4 Capital Intelligence3 Bank Standalone – – BBB+ bbb- Rating LT Local Currency Baa2 BBB- - - Rating LT Foreign Baa2 BBB- - BBB Currency Rating Outlook Stable Stable Stable Stable 1As of April 2025; 2As of March 2025; 3As of September 2024; 4As of July 2024 S
Slide 5: Shareholders & Equity Profile
Shareholders & Equity Profile December 31, 2024 Ownership Structure Investment Information Citizenship Composition Fundamentals Stock Price ₱122.00 per share 19% BV per share ₱81.65 P-B Ratio 1.49x P-E Ratio 10.37x 81% Dividends ₱3.96 per share Market Cap (in P mn) ₱643,196 Trading Fact Sheet Filipi
Slide 6: Strategic Imperatives
Strategic Imperatives Greater share of Consumer/Business Banking in the loan book Undisputed leader in digital banking • 30% Consumer /Business Banking • 7 digital platforms Sustainable New role Banking Passion for the of branches • Financial Inclusion Customer • Rationalization • Sustainable Financ
Slide 7: Key Highlights
Key Highlights 1 1 Preeminent banking brand in the Philippines 2 2 Strong track record of profitability 3 3 Well-capitalized 4 4 Stable and diversified revenue sources 5 5 Stable funding base supported by its extensive physical and digital distribution network 6 6 Accelerated digital transformation
Slide 8: Preeminent banking brand in the Philippines
1 1 1 Preeminent banking brand in the Philippines 1 BPI is one of the most well-respected banking brands in the Philippines Overview Consistently strong profitability throughout its banking years 62.0 • Longest tenured bank in the Philippines with over 170 years of Net Income (in PHP bn) Covid-19 51
Slide 9: Strong track record of profitability
2 2 1 Strong track record of profitability 1 Improved profitability and shareholder returns Return on Assets 1.98% 1.93% Earnings per Share 1.59% 1.38% 11.78 1.08% 10.49 0.98% 8.05 2019 2020 2021 2022 2023 2024 Return on Equity 5.86 15.35% 15.07% 4.85 4.35 13.14% 10.97% 8.40% 7.70% 2019 2020 2021 20
Slide 10: Well-capitalized
3 3 1 Well-capitalized Robust capital position provides room to support strategic initiatives CET1 RWA CET1 RATIO CAR ₱366B 42B +13.0% vs. Last Year ₱2,642B 523B +24.7% vs. Last Year 13.86% -143bps vs. Last Year 14.63% -155bps vs. Last Year Year-to-date Year-to-date Year-to-date Year-to-date 366 2,6
Slide 11: Stable and diverse revenue sources
4 4 1 Stable and diverse revenue sources YoY Growth Ranked by Contribution to FY 2024 Fee Income* Revenues (in P bn) +24.2% Cards, 30.2% +23.0% Trading Income 170.1 +19.5% Wealth Management, 15.6% 6.8 +31.9% Fee Income +55.1% Insurance, 12.2% 138.3 35.7 Net Interest Income Service Charges, 10.3% 5.2
Slide 12: Stable funding base supported by strong distribution network
5 5 1 Stable funding base supported by strong distribution network BPI has a growing customer base that provides a stable source of funds Robust growth in customer base (million) BPI has one of the largest branch network in the Phils 15.98 +46% 3 Distribution Channels 10.98 (1) branches (2) seven di
Slide 13: Stable funding base supported by strong distribution network
5 5 Stable funding base supported by strong distribution network BPI Group’s Debt Issuance Program 2024 Orig Currency Amount (in Php mn) Interest Rate Term Rem Term Issue Date Maturity Date Fixed Rate Bond PHP 36,660 6.4250% 1.50 0.36 13-Nov-23 13-May-25 Fixed Rate Bond PHP 33,700 6.2000% 1.50 1.11
Slide 14: Accelerated digital transformation
6 1 Accelerated digital transformation 7 Digital Engagement Platforms BanKo App BizKo BizLink BPI Wealth VYBE BPI Mobile App BPI Trade For Corporates For Microfinance For SMEs For HNW BPI Wallet
Slide 15: Expanding distribution channels thru Agency Banking
6 1 Expanding distribution channels thru Agency Banking 6.4K BPI branches Partner Doors MAY BPI DITO PARTNER STORES MORE Accessible BANKING MORE Convenient MORE Inclusive to achieve financial wellness EXPANDED EXTENDED COVERAGE HOURS More locations that’s More time to fit closer to you in your sched
Slide 16: Experienced management and strong performance culture
7 7 1 Experienced management and strong performance culture 1 BPI’s senior management has an average tenure with the Bank of over 20 years Jaime Augusto Fernando Ma. Cristina Go Maria Theresa Marcial Eugenio Mercado Elfren Antonio Sarte Juan Carlos Syquia Zobel de Ayala Zobel de Ayala Head, Consumer
Slide 17: Leadership in sustainability
8 8 1 Leadership in sustainability BPI’s Sustainability Journey 2008 2010 2012 • 1st Sustainable • BPI-WWF Business • 1st bank in USAID Credit Energy Finance (SEF) Risk Assessment and Guarantee Program for Program in Management of countryside SMEs partnership with IFC Climate Change • Sustainability
Slide 18: Leadership in sustainability
8 8 1 Leadership in sustainability BPI’s Sustainability Journey 2018 2019 • Integrated Report • Established BPI Green Finance External assurance for Framework non-financial disclosures • 2 Green Bonds issued by DNV-GL • Inclusion of Sustainable Agriculture • Launch of Business to the SDF Program Ban
Slide 19: Leadership in sustainability
8 8 1 Leadership in sustainability BPI’s Sustainability Journey 2022 • FIRST Philippine bank to • Financed the WORLD’s FIRST • FIRST IFC EDGE-certified mandate a minimum of 10% Energy Transition Financing green bank branch in the Sustainability KRAs for all Facility Philippines employees • Shift of
Slide 20: 2024 Institutional Awards
2024 INSTITUTIONAL AWARDS BEST SME BANK IN THE PHILIPPINES BEST BANK IN THE PHILIPPINES GOLD AWARD FOR BEST BEST DCM HOUSE FOR 11TH TIME IN 18 YEARS CUSTOMER EXPERIENCE 18TH ANNUAL ALPHA SOUTHEAST FINANCEASIA AWARDS 2024 ASIA BEST FINANCIAL INSTITUTION FINANCEASIA AWARDS 2024 CX ASIA EXCELLENCE AWAR
Slide 21: 2024 Institutional Awards
2024 INSTITUTIONAL AWARDS PHILIPPINES’ CASH BEST EQUITY DEAL BEST CORPORATE BOND BEST ACQUISITION FINANCING MANAGEMENT MARKET LEADER FOR BPI CAPITAL FOR BPI CAPITAL FOR BPI CAPITAL FOR 2ND WIN THE ASSET TRIPLE A SUSTAINABLE THE ASSET TRIPLE A SUSTAINABLE THE ASSET TRIPLE A SUSTAINABLE ASIAMONEY FINA
Slide 22: 2024 ESG Awards
2024 ESG AWARDS Record high of 18 ESG-focused awards and recognitions received in 2024 FINANCE-RELATED AWARDS BEST SUSTAINABLE BANK IN BIGGEST ESG IMPACT IN THE BEST BANK FOR SUSTAINING SUSTAINABLE FINANCE AWARDS EXCELLENCE AWARD THE PHILIPPINES PHILIPPINES COMMUNITIES WINNER FOR THE PHILIPPINES FOR
Slide 23: For your comments and queries contact us
For your comments and queries contact us via: investorrelations@bpi.com.ph https://www.bpi.com.ph/ Scan the QR code to download the 2024 Integrated Report or visit https://www.bpi.com.ph/about-bpi/investor-relations/integrated-reports
Slide 24: Important Information
Important Information DISCLAIMER: This presentation has been prepared by the Bank of the Philippine You may also reach out to BPI's Islands (“BPI” or the “Company”) solely for informational purposes. All contents complaints handling unit for other hereof are the sole and exclusive property of BPI. N
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