LAWIN.news
  • Home
  • About Lawin
  • Community Events
  • Livestream
  • Faces & Voices
  • Podcasts
    • Legal Treats
    • Teacher Talk
    • Pink Table Talk
    • Be Bold. Why Not.
    • Commissary Kitchen
    • Beyond Health & Wellness
CONTACT US
  • Texas
  • Austin
  • Dallas Fort Worth
  • Houston
  • San Antonio
  • Rio Grande
  • United States
  • Around the Globe
  • Entertainment
  • Sports
  • Opinion
  • Politics
10/30/2025

Stay Informed and Engaged with LAWIN.news—Your Updated Daily News Source for Filipino-Americans in Texas

ADVERTISE WITH LAWIN
10/30/2025
LAWIN.news

Philippine Savings Bank Reports P1.21 Billion Net Income in Q1, Boosted by Consumer Lending Growth

by Mae De Vera, LAWIN.news May 2, 2025
written by Mae De Vera, LAWIN.news May 2, 2025
PS Bank
186

Manila, Philippines — Philippine Savings Bank (PSBank), a key thrift banking institution under the Metrobank Group, reported a 1 percent increase in net income, totaling P1.21 billion for the first quarter of the year. This growth was largely driven by robust consumer lending, demonstrating resilience amidst evolving economic conditions.

In its latest regulatory filing, PSBank detailed that its core revenues, encompassing net interest income, service fees, and commissions, rose by 9 percent to reach P3.81 billion. Such figures highlight the bank’s strategic focus on expanding its consumer lending portfolio, with gross loans soaring by 19 percent to P152 billion within the January to March timeframe. The increase was primarily fueled by heightened demand in auto, mortgage, and small-to-medium enterprise (SME) lending, although the full quarterly report providing additional insights is yet to be released.

Despite the expansion of its loan book, PSBank has successfully enhanced its asset quality, as evidenced by a reduction in the nonperforming loans (NPL) ratio from 3.4 percent to 2.6 percent compared to the same period last year. This improvement signifies effective risk management practices within the bank’s operations.

Jose Vicente Alde, President of PSBank, expressed optimism about sustaining consumer loan demand, particularly as economic conditions remain stable. He emphasized the bank’s commitment to capitalizing on the evolving financial needs of consumers throughout the year.

As of the end of March, PSBank’s total assets were valued at P222 billion. The bank also recorded total deposits of P170 billion and maintained capital reserves of P45 billion. This financial position is partly bolstered by the monetary policy easing initiated by the Bangko Sentral ng Pilipinas, which typically enhances loan demand through reduced borrowing costs.

Meanwhile, Metrobank, the majority stakeholder with an 88 percent share in PSBank, experienced modest growth in its financial results for the quarter. Metrobank reported a 2.5 percent increase in net income, reaching P12.3 billion, alongside a 2.4 percent rise in net interest income to P29.4 billion. The commercial and consumer segments of Metrobank’s gross loans both experienced approximately 16 percent growth, although provisions for potential loan losses saw a notable increase of 362 percent, amounting to P2.6 billion.

Share 0 FacebookTwitterPinterestEmail
Mae De Vera, LAWIN.news

Mae De Vera is a passionate advocate, creative professional, and entrepreneur. A graduate of Political Science from Saint Louis University and a law student of Arellano University, Mae is dedicated to empowering marginalized communities through outreach programs and advocacy. With a background in digital artwork, event flyer design, ESL teaching, and business management, Mae brings a versatile skill set to her endeavors. She also embraces her love for nature through farming, integrating sustainability into her life. Mae’s leadership experience as a consistent school student leader reflects her commitment to making a difference. Today, she combines her creativity, advocacy, and entrepreneurial spirit to create impactful stories and initiatives that inspire change. Disclaimer: The views and beliefs expressed by the author do not necessarily represent those of LAWIN.news, its management, editorial board, or staff.

previous post
Prince Harry Seeks Reconciliation with Royal Family Amid Security Dispute
next post
Pedestrian Fatally Struck While Crossing NW Loop 410

You may also like

Hospitals fear higher visa fees will deepen nurse shortage

October 30, 2025

Supreme Court allows Sandiganbayan to proceed with Estrada graft case

October 29, 2025

Charlie Kirk murder suspect cleared to wear civilian clothes in court while still restrained

October 28, 2025

TikTok transaction scheduled for Thursday, Bessent announces

October 27, 2025

N.Y. Attorney General Letitia James to enter not guilty plea in fraud case

October 24, 2025

Houston could finally see real rain — but with a weekend flood threat

October 23, 2025

Recent Posts

  • Finding success in stories: A Filipino American legacy carved in words
  • Texas schools told to step up seat belt enforcement on buses
  • Houston’s ‘Brick Lady’ convicted in $42K GoFundMe scam
  • Hospitals fear higher visa fees will deepen nurse shortage
  • Justice Department suspends 2 prosecutors over Jan. 6 ‘mob’ comments

Recent Comments

  1. Texas and the Philippines Economic Collaboration: APECO and PACCTX-GHR meet at PCG in Houston - Bagong APECO on Texas – Philippines Economic Collaboration: APECO and PACCTX-GHR Meet at PCG in Houston

Recent Posts

  • Finding success in stories: A Filipino American legacy carved in words

    October 30, 2025
  • Texas schools told to step up seat belt enforcement on buses

    October 30, 2025
  • Houston’s ‘Brick Lady’ convicted in $42K GoFundMe scam

    October 30, 2025
  • Hospitals fear higher visa fees will deepen nurse shortage

    October 30, 2025
  • Justice Department suspends 2 prosecutors over Jan. 6 ‘mob’ comments

    October 30, 2025

Stay Updated!

LAWIN.news

Providing high-quality news stories that matters to its readers. It’s core mission is “Stay informed and engaged with LAWIN.news—where every story counts.”

  • P.O. Box 20561 Houston, Texas 77225
  • Email Address: neska@mylawin.com
  • Support: helpdesk@mylawin.com

About Links

  • Contact
  • About Us
  • Compliance
  • Media Relations
  • Advertise With Us
  • Corporate Information
  • Apps & Products

Useful Links

  • Privacy Policy
  • Data Tracking
  • Terms of Use
  • Cookie Policy
  • Personal Information
  • Accessibility Statement
  • Login | Register Account

Newsletter

Latest News

Justice Department suspends 2 prosecutors over Jan. 6 ‘mob’ comments
Regal Entertainment sets record straight on Ivana Alawi project delay
Lea Salonga, Liza Soberano cast in DreamWorks’ upcoming film ‘Forgotten Island’
Houston Council greenlights $16 million homeless center amid neighborhood opposition

@2025 – All Right Reserved. Made with ❤️ by myVATA.co

Facebook Twitter Instagram Linkedin Youtube
LAWIN.news
  • Home
  • About Lawin
  • Community Events
  • Livestream
  • Faces & Voices
  • Podcasts
    • Legal Treats
    • Teacher Talk
    • Pink Table Talk
    • Be Bold. Why Not.
    • Commissary Kitchen
    • Beyond Health & Wellness
LAWIN.news
  • Home
  • About Lawin
  • Community Events
  • Livestream
  • Faces & Voices
  • Podcasts
    • Legal Treats
    • Teacher Talk
    • Pink Table Talk
    • Be Bold. Why Not.
    • Commissary Kitchen
    • Beyond Health & Wellness
@2024 - All Right Reserved. Designed and Developed by myVATA.co