Slide 1: Analysts' Briefing FY 2025 Results
Analysts’ Briefing FY 2025 Results March 5, 2026
Slide 2: Panelists
Panelists Patrick D. Cheng Gerald O. Florentino Chief Finance Officer Investor Relations Head 2
Slide 3: Reminders
REMINDERS: ✓ Microphones and cameras are disabled during the presentation. ✓ For the Q & A, attendees may: ✓ Post a live question - click the “Raise Hand” button to be recognized ✓ Send questions thru the chat box 3
Slide 4: Macroeconomic Outlook
Macroeconomic Outlook 4
Slide 5: Macroeconomic Outlook: Chinabank's view
Macroeconomic Outlook Chinabank’s view POLICY 4.25% INFLATION 3.6% RATE -225 bps since August 2024 GDP 4.9% from 1.7% in FY 2025 & FX from 4.4% in FY 2025 ✓ We expect inflation to pick up ✓ BSP’s 25-bp rate cut in February ✓ Economic growth will likely this year, averaging at the could be its last i
Slide 6: Macroeconomic Outlook: Key Takeaways
Macroeconomic Outlook Chinabank’s view FY 2025 FY 2026F FY 2027F GDP growth (%) 4.4 4.9 5.6 Inflation (%) 1.7 3.6 3.3 Policy rate (end, %) 4.50 4.25 4.25 10-Year BVAL Rate (end, %) 6.072 5.8 5.8 USDPHP (end) 58.79 57.60 56.90 Key Takeaways 1. The Philippine economy could rebound this year, though th
Slide 7: FY 2025 Financial Performance
FY 2025 Financial Performance 7
Slide 8: FY2025 Financial Highlights
FY2025 Financial Highlights P28.0 Bn 15.6% 16.06% P71.0 FY2025 Net Income Return on Equity Capital Adequacy Ratio Book value per share ✓ FY2025 Net income grew 13% to P28.0 billion; Income Statement ✓ Resilient NII; NIM improved by 15 bps YoY to 4.60% in FY2025; ✓ Gross Loans (+13%) registered stron
Slide 9: FY2025 Financial Highlights: Income Statements
FY2025 Financial Highlights INCOME STATEMENTS YoY FY2024 FY2025 In Php millions, except % change Interest income 93,754 105,206 12% Interest expense (30,215) (32,612) 8% Net interest income 63,539 72,595 14% Fee-based income 1,950 3,105 59% Total revenue 65,489 75,700 16% Operating expenses (30,749)
Slide 10: FY2025 Financial Highlights: Balance Sheets
FY2025 Financial Highlights BALANCE SHEETS YoY Dec 2024 Dec 2025 in Php billions, except % change Liquid Assets 134 109 (18%) Investment Securities 543 562 4% Net Loans 915 1,038 13% Other Assets 54 72 33% TOTAL ASSETS 1,646 1,782 8% Deposits 1,331 1,445 9% CASA 594 693 17% Time Deposits 738 752 2%
Slide 11: Sustained profitability amidst a challenging environment
Sustained profitability amidst a challenging environment Quarterly Net Income (In PHP Bn) +13% 28.0 24.8 22.0 Breached the P7-billion quarterly net income mark in 3Q’25 +20% 7.2 7.8 6.9 6.4 6.5 6.5 5.8 5.4 5.8 5.9 5.5 5.0 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 FY23 FY24 FY25 11
Slide 12: Improving NIM amid declining funding costs
Improving NIM amid declining funding costs NIM improving Q-on-Q Net interest income continues to grow Q-on-Q Net Interest Income (In PHP Bn) 6.82% +4 bps vs 25.0 26 consecutive 6.69% 6.70% 6.75% 6.74% 6.47% 6.57% 6.65% 4Q24 quarters of growth +12% vs 4Q24 (since 3Q19) 20.0 18.6 19.1 17.7 17.1 17.1 1
Slide 13: Improving NIM amid declining funding costs
Improving NIM amid declining funding costs Net interest income continues to grow Net Interest Income (In PHP Bn) 82 +14% YoY 78 11.1 0.4 2.9 74 0.5 70 Gross yield Total Deposits and Funding cost 72.6 66 up 9 bps YoY Bills payables up down 4 bps 9% and 6%, YoY 62 63.5 Gross Loans respectively 58 grew
Slide 14: Core fee-based income remains strong
Core fee-based income remains strong Fee-based Income, ex trading and FX losses (In PHP Bn) 20.0 18.0 +16% 17.2 0.5 16.0 0.8 14.9 0.4 14.0 0.7 3.8 18% YoY Bancassurance commissions 12.0 3.5 ✓ Core fee income continues to grow on higher deposits, Trust, Bancassurance and transaction- 10.0 based incom
Slide 15: Spending on initiatives aimed at driving revenue growth
Spending on initiatives aimed at driving revenue growth Operating Expenses ex provisions (in PHP Bn) .0 +12% 34.4 .0 30.7 +8% YoY Others .0 8.4 7.7 +28 YoY IT Expense ✓ IT expense grew 28% YoY on sustained .0 2.4 investments in technology and infrastructure. 1.9 2.0 .0 1.8 3.4 +8% YoY Depreciation 3
Slide 16: Steady asset quality and sufficient NPL cover
Steady asset quality and sufficient NPL cover Proactively set aside higher provisions, strengthening balance sheet NPL ratio stable; NPL cover more than adequate Provisions (In PHP Bn) 3.0% 120% 9.0 108% 109% 8.9 8.9 7.0 2.5% 100% +2.1x 2.0% 80% 3.3 1.6% 1.6% 1.2 1.5% 60% FY20 FY21 FY22 FY23 FY24 FY
Slide 17: Sustained loan growth
Sustained loan growth Balance expansion across both consumer and business segments Well-secured consumer lending portfolio Gross Loans (In PHP Bn) Consumer Loans Breakdown, December 2025 Business +13% YoY Cards 1,059 Consumer 933 249 +17% YoY 5% 791 212 718 624 181 144 32% 123 Mostly Teachers’ P249
Slide 18: Consumer Loans Highlights
Consumer Loans Highlights STRONG STRONG PORTFOLIO PORTFOLIO PERFORMANCE PERFORMANCE ✓ Real estate portfolio growth driven by strategic partnerships and focus on depositors’ home financing needs. ✓ Credit card portfolio sustained by targeted sales and marketing, product innovation, and system enhance
Slide 19: Consumer Loans up 21% CAGR since 2021, NPL ratio <3%
Consumer Loans up 21% CAGR since 2021, NPL ratio <3% Consumer Loans Credit Cards 4.9% 500 5.0% 1,000 16.0 450 900 Cards-in-force and 14.0 #10 400 4.0% 800 receivables have expanded ₱12.4 3.5% 350 700 more than 7X since 2021 12.0 2.8% 2.7% 2.8% 10.0 300 3.0% 600 250 500 8.0 200 2.0% 400 ₱5.1 6.0 150
Slide 20: Manageable NPL Levels
Manageable NPL Levels Housing Cards 4.7% 140.0 5.0% 14.0 6.0% 4.0% 120.0 12.0 5.0% 3.3% 4.0% 100.0 3.0% 10.0 3.5% 2.7% 4.0% 80.0 3.0% 8.0 2.6% 3.0% 2.3% 60.0 ₱125 6.0 1.8% ₱12.4 ₱112 2.0% ₱101 1.4% 2.0% 40.0 ₱84 ₱87 4.0 1.0% ₱5.1 1.0% 20.0 2.0 ₱3.0 ₱2.1 ₱1.4 - 0.0% - 0.0% Dec-21 Dec-22 Dec-23 Dec-24
Slide 21: Managed Deposit growth
Managed Deposit growth CASA grew and solidly above pre-COVID levels Deposits per branch (In PHP Bn) Deposits (In PHP Bn) CASA CASA +9% YoY 2.21 1,445 Time Time 2.05 1,331 1.83 1,187 1.67 1,066 1.15 752 +2% YoY 1.35 1.14 863 738 0.94 611 0.77 492 0.48 308 Pre-pandemic CASA level 693 1.06 594 +17% YoY
Slide 22: Strong internal capital generation results to ample buffer
Strong internal capital generation results to ample buffer Enough capital buffer: ✓ to absorb credit shock; ✓ to support Asset Capital growth; and Ratios 20% ✓ to sustain dividend payment to shareholders 18% 0.7% 15.9% 16.1% 16.2% 16.1% 15.8% 0.8% 0.9% 0.9% 0.9% 0.9% 2.9% 1.6% 16% 0.8% 15.3% 15.2% 1
Slide 23: Increasing dividend payments to Shareholders
Increasing dividend payments to Shareholders 10.0 30% Consistent growth in dividend per share over the last five years 9.0 27% 27% 27% 27% 25% 8.0 22% +14% 3.00 +2.5x vs. 2021 7.0 6.7 20% ₱2.50 5.9 2.50 6.0 ₱2.20 5.1 2.00 ₱1.90 ₱1.00 5.0 15% 4.0 ₱1.00 ₱1.50 4.0 1.50 ₱0.90 10% ₱0.50 3.0 2.7 ₱1.00 1.0
Slide 24: We are executing our strategies
We are executing our strategies Expanded Business Relationships Increased contributions from ancillary businesses ✓ Encouraged clients to access both sides of the balance sheet; +14% YoY Trust Fees (with AUM at P328 Billion) ✓ Identified opportunities to cross-sell additional +18% YoY Bancassurance
Slide 25: Profitability significantly improved since 2019
Profitability significantly improved since 2019 Became the 4th Reached P1 trillion largest private bank in Assets and P100 in PH in terms of Incorporated China billion in Equity Assets Acquired Bank Capital Pampanga-based Acquired Raised P15 billion Unity Bank Entered credit card from stock rights P
Slide 26: Track Record of Consistency and Performance
Track Record of Consistency and Performance 38 18% 15.5% 15.6% 15.6% 15.1% 33 13.6% 14% 12.1% 11.0% 28 +2.8x vs. 2019 28.0 10% 23 24.8 6% 22.0 18 19.1 2% 13 15.1 12.1 -2% 8 10.1 3 -6% -2 2019 2020 2021 2022 2023 2024 2025 -10% Net income (in P Bn) ROE 26
Slide 27: In summary, Chinabank continues to be..
In summary, Chinabank continues to be.. FY’23 FY’24 FY’25 Return on Equity 15.5% 15.6% 15.6% Profitable Return on Assets 1.6% 1.6% 1.6% CET 1/Tier 1 Ratio 15.3% 15.3% 15.2% Adequately-capitalized Capital Adequacy Ratio 16.1% 16.2% 16.1% NPL Ratio 2.5% 1.6% 1.6% Well-managed NPL Cover* 104% 108% 109%
Slide 28: Q&A
Q&A ✓ Please click the “Raise Hand” button to be recognized. ✓ You may also send questions thru the chat box. 28
Slide 29: Additional Information
Additional Information 29
Slide 30: History of Chinabank
History of Chinabank Pre-2000s 2007 - 2015 2016 - 2019 2020 - 2025 2020. Raised P15 Bn via fixed- 2007. Acquired Manila Bank and rate retail bonds; Celebrated operated it as China Bank 100 years and restored Binondo Savings; Business Center 2022. Became the 4th largest Entered into a bancassurance J
Slide 31: Company Profile
Company Profile Extensive Distribution Channels* Subsidiaries & Affiliates 653 1,139 11,584 Investment Grade Credit Rating Best in Corporate Governance Consistently recognized for governance excellence by the Baa2 Institute of Corporate Stable Directors (ICD). *As of December 31, 2025 31
Slide 32: SM Group: Strong Support & Synergies
SM Group: Strong Support & Synergies Chinabank benefits from being part of one of the largest and most diversified conglomerates in the Philippines Snapshot of SM Group Business Lines Chinabank’s Current Shareholdings Others SM Group 34% 39% SM Investments – 23% Retail Banking Property Sysmart Corp.
Slide 33: Other Citations
Other Citations Image result for philippine dealing system Service Innovation of Banking for Women the Year Philippines Initiative of the Year Debt Deal of the Year Project Sustainability-Linked Top Brokering Philippines Philippines Infrastructure Bond of the Year Participant for Retail 30-Minute In
Slide 34: Highly capable management team
Highly capable management team Hans T. Sy Gilbert U. Dee Romeo D. Uyan, Jr. Chairman of the Board Vice Chairman of the Board President and Chief Executive Officer ▪ Chairman since 2011 ▪ Vice Chairman since 2011 ▪ With CBC since 2014 ▪ Member of the Board since 1986 ▪ Member of the Board since 1969
Slide 35: Market Data
Market Data TRADING INFORMATION TRADING INFORMATION MARKET VALUATION Ticker (Bloomberg I Reuters) CBC PM I CBC.PS Dec-23 Dec-24 Dec-25 Par value (PHP) 10.00 Book value per share 55.8 62.6 71.0 Outstanding shares 2,691,343,012 Earnings per share 8.2 9.2 10.4 Stock price as of Feb 27, 2026 70.30 Price
Slide 36: Focus on optimizing branches in the last 5 years
Focus on optimizing branches in the last 5 years Became the 4th Reached P1 trillion largest private bank in Assets and P100 in PH in terms of Incorporated China billion in Equity Assets Acquired Bank Capital Pampanga-based Acquired Raised P15 billion 2000 Unity Bank Entered credit card from stock ri
Slide 37: Historical Financial Highlights
Historical Financial Highlights BALANCE SHEETS Dec 25 vs Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025 in Php billions, except % Dec 24 Liquid Assets 205 188 178 155 134 109 -18% Investment Securities 236 279 412 505 543 562 4% Net Loans 557 609 700 772 915 1,038 13% Other Assets 38 36 40 46
Slide 38: Historical Financial Highlights
Historical Financial Highlights INCOME STATEMENTS FY25 vs FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 In Php billions, except % FY24 Interest income 47.7 46.5 57.2 79.4 93.8 105.2 12% Interest expense (13.3) (7.4) (11.6) (25.8) (30.2) (32.6) 8% Net interest income 34.4 39.1 45.6 53.5 63.5 72.6 14% Fee
Slide 39: Legal Disclaimer
Legal Disclaimer This presentation and the information contained herein as well as the materials distributed herewith ("Presentation") are the sole and exclusive property of China Banking Corporation (“Chinabank”) and shall only be used for the purpose intended herein. None of the information contai
Slide 40: Thank You!
Thank You! (ce; Chinabank Focused on You