PNB net income climbs in first quarter of 2024 | ABS-CBN
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PNB net income climbs in first quarter of 2024
PNB net income climbs in first quarter of 2024
ABS-CBN News
Published May 02, 2024 01:42 PM PHT
A Philippine National Bank (PNB) branch in Manila on January 25, 2023. George Calvelo, ABS-CBN News
A Philippine National Bank (PNB) branch in Manila on January 25, 2023. George Calvelo, ABS-CBN News MANILA -- Philippine National Bank's core net income reached P12.8 billion in the first quarter of 2024, higher by 6 percent from the same period in 2023.
MANILA -- Philippine National Bank's core net income reached P12.8 billion in the first quarter of 2024, higher by 6 percent from the same period in 2023.
The Lucio Tan group's banking arm also continued to enjoy higher net interest income amid elevated borrowing rates.
The Lucio Tan group's banking arm also continued to enjoy higher net interest income amid elevated borrowing rates.
Total liabilities were down to P999.4 million, slightly lower than the P1.019 billion at the end of 2023.
Total liabilities were down to P999.4 million, slightly lower than the P1.019 billion at the end of 2023.
Total assets, however, also decreased slightly to P1.19 billion from P1.21 billion from December.
Total assets, however, also decreased slightly to P1.19 billion from P1.21 billion from December.
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