Philippine National Bank · PSE:PNB
Philippine National Bank — H1 2026 Earnings Presentation
11 slides from Philippine National Bank's earnings presentation, Aug 11, 2026
Slide 1: Investor Briefing 1H2026 Financial Performance
Philippine National Bank Investor Briefing 1H2026 Financial Performance August 11 , 2026
Slide 2: Earnings Rise on Stronger Core Banking Performance
Earnings Rise on Stronger Core Banking Performance Higher net income lifted profitability momentum Net Income (in Php Bn) Return on Equity (%) 11.4 12.1 YoY 11.1 14.6 17% 12.5 1H25 FY25 1H26 Return on Assets (%) 2.0 2.2 1.9 1H25 1H26 1H25 FY25 1H26 2
Slide 3: Revenue Momentum Sustained
Revenue Momentum Sustained Growth across all major revenue streams Revenue YoY (in Php Bn) 35.0 10% 31.7 4.3 30% 3.3 3.1 17% 2.6 25.8 27.6 7% 1H25 1H26 Net Interest Income Fee-based Income Other Operating Income* Note: *Other Operating Income includes Net gains on sale or exchange of assets, Foreign
Slide 4: Core Income Expands
Core Income Expands Loan growth, lower funding cost and higher service fees drive recurring earnings Interest-Earning Assets (in Php Bn) Core Income YoY 1,219 1,272 4% (in Php Bn) YoY 669 749 12% 550 523 5% 28.4 30.7 8% 1H25 1H26 2.6 3.1 17% Treasury & Deposit w/ banks Loans & Receivables, Net 10.3
Slide 5: Diversified Income Stream
Diversified Income Stream Asset-Related Gains more than offset lower trading revenues Other Income (in Php Mn) YoY 4,344 30% 212 85% 3,343 1,437 4,132 117% 1,906 1H25 1H26 ROPA gains, net & Miscellaneous Trading & Forex gains, net Note: ‘Miscellaneous’ includes Equity in net earnings of associate, R
Slide 6: Balanced Segment Loan Growth
Balanced Segment Loan Growth Corporate, commercial, and consumer portfolios contributed to loan growth Gross Loans Breakdown of Consumer Loans (in Php Bn) 1H 2026 (% Share to Total Consumer Loans) 764 GROSS LOANS 696 ₱764B ▲ +10% YoY Housing 50% CORPORATE & COMMERCIAL Credit Card ▲ +11% 38% ₱697B Yo
Slide 7: Deposit Franchise Remain Strong
Deposit Franchise Remain Strong Deposit Base Remains Resilient with CASA-Led Funding Strength CASA RATIO 78% Total Deposits (in Php Bn) One of the highest in the industry 1,061 1,032 1,003 Dec-25 1H25 1H26 260 159 224 75% 84% 78% DEPOSIT MIX YoY vs FY25 558 597 572 TOTAL ▲ 3% ▼ 3% 243 247 CASA ▼ 4%
Slide 8: Balance Sheet Momentum
Balance Sheet Momentum Lending momentum continued to support balance sheet expansion Total Resources in Php Bn Breakdown of Resources YoY 1H 2026 1,375 1,350 4% (% Share to Total Resources) 1,293 Others 14% Investment Securities 30% Net Loans & Receivables 56% Dec-25 1H25 1H26 Note: Others refers to
Slide 9: Cost Efficiency Improves
Cost Efficiency Improves Revenue outpaced expenses, improving cost efficiency Operating Expenses Cost Efficiency Ratio (%) (in Php Bn) YoY YoY 9% 17.1 48.51 47.89 62 bps 15.6 1H25 1H26 1H25 1H26 9
Slide 10: Strong Capital, Stable Credit
Strong Capital, Stable Credit NPL Ratio, Gross (%) NPL Ratio, Net (%) NPL Cover Ratio (%) 86.3 5.5 1.6 1.6 1.6 4.7 82.3 4.2 80.3 1H25 FY25 1H26 1H25 FY25 1H26 1H25 FY25 1H26 Credit Cost (%) CET 1(%) CAR (%) 0.25 20.1 20.3 20.1 19.3 19.3 19.4 0.11 -0.05 1H25 FY25 1H26 1H25 FY25 1H26 1H25 FY25 1H26 No
Slide 11: Thank you!
SS Wr ee ei Thank you!
Philippine National Bank — H1 2026 Earnings Presentation on 6ix