2014 2015 2016 2017 2018 2019

INTEREST INCOME
Loans and other receivables 2,366,883,969 2,646,100,805 2,753,015,521 2,753,015,521 3,776,415,788 4,460,017,686
Trading and investment securities 431,775,906 424,837,162 347,450,912 347,450,912 361,697,092 382,965,796
Due from Bangko Sentral ng Pilipinas and other banks 37,236,220 69,705,482 106,688,143 106,688,143 112,808,617 131,733,235
2,835,896,095 3,140,643,449 3,207,154,576 3,207,154,576 4,250,921,497 4,974,716,718

INTEREST EXPENSE
Deposit liabilities 596,886,481 753,904,091 734,334,592 734,334,592 868,487,320 957,719,495
Bills payable 2,221,806 3,331,735 12,786 12,786 2,231,840 2,182,243
Others 1,508,448 1,082,509 385,402 385,402 384,813 413,909
600,616,735 758,318,335 734,732,780 734,732,780 871,103,973 960,315,647

NET INTEREST INCOME 2,235,279,360 2,382,325,114 2,472,421,796 2,472,421,796 3,379,817,523 4,014,401,070

IMPAIRMENT LOSSES 189,887,127 172,050,358 157,043,157 157,043,157 190,022,220 205,223,998
NET INTEREST INCOME AFTER IMPAIRMENT LOSSES 2,045,392,233 2,210,274,756 2,315,378,639 2,315,378,639 3,189,795,303 3,809,177,073

OTHER INCOME
Trading gains - net 34,827,391 69,474,667 335,383,026 335,383,026 405,813,461 454,511,077
Service charges, fees and commissions 127,487,177 132,425,882 151,446,102 151,446,102 200,287,470 234,336,340
Miscellaneous - net 144,153,797 73,430,963 84,734,375 84,734,375 112,061,211 132,232,229
306,468,365 275,331,512 571,563,503 571,563,503 718,162,142 821,079,646

TOTAL REVENUES 2,351,860,598 2,485,606,268 2,886,942,142 2,886,942,142 3,907,957,446 4,630,256,718

TOTAL REVENUES excluding IMPAIRMENT LOSSES 2,541,747,725 2,657,656,626 3,043,985,299 3,043,985,299 4,097,979,666 4,835,480,716

OTHER EXPENSES
Salaries and other employee benefits 479,552,337 543,446,728 635,523,891 635,523,891 768,983,908 845,882,299
Taxes and licenses 306,352,118 328,317,557 354,104,708 354,104,708 413,027,731 446,069,950
Occupancy 209,871,217 250,346,533 274,470,716 274,470,716 326,098,658 352,186,550
Depreciation and amortization 122,622,015 137,495,289 153,072,322 153,072,322 181,865,226 196,414,444
Insurance 109,164,821 128,348,739 139,095,054 139,095,054 165,258,834 178,479,540
Management and other professional fees 88,896,599 93,426,123 125,373,997 125,373,997 140,870,223 149,322,436
Representation and entertainment 31,944,122 32,269,518 34,865,345 34,865,345 39,174,702 41,525,184
Miscellaneous 224,813,032 266,516,503 295,973,454 295,973,454 351,616,463 379,745,780
1,573,216,261 1,780,166,990 2,012,479,487 2,012,479,487 2,386,895,745 2,589,626,184

PROFIT BEFORE TAX 778,644,337 705,439,278 874,462,655 874,462,655 1,521,061,701 2,040,630,534

TAX EXPENSE 242,439,233 203,297,274 205,838,450 205,838,450 380,265,425 510,157,634
NET PROFIT 536,205,104 502,142,004 668,624,205 668,624,205 1,140,796,276 1,530,472,901

Earnings Per Share

Basic and Diluted 0.88 0.94 1.10 1.10 1.10 1.10

NET PROFIT 536,205,104 502,142,004 668,624,205 668,624,205 1,140,796,276 1,530,472,901

Operating Profit Margin 33.11% 28.38% 30.29% 30.29% 38.92% 44.07%

Net Profit Margin 22.80% 20.20% 23.16% 23.16% 29.19% 33.05%
Return on Assets 0.93% 50214200400% 1.02% 66862420500% 1.32% 1.58%
Return on Equity 6.68% 362127337856% 7.89% 517734781799% 10.35% 13.51%