China Banking Corporation continued its strong growth momentum in the first half of 2026, posting a net income of ₱14.5 billion—an 11% increase compared to the same period last year. The double-digit expansion was propelled by vibrant core lending activity, sound cost management, and healthy asset quality across its portfolio.
The Bank maintained high profitability metrics, reporting a Return on Equity (ROE) of 15.1% and a Return on Assets (ROA) of 1.6%.
Financial Highlights (H1 2026)
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Robust Earnings: Net interest income climbed 14% year-on-year to ₱39.7 billion, supported by a net interest margin expansion to 4.67%.
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Strong Asset Base: Total assets expanded by 13% to ₱1.9 trillion, solidifying Chinabank’s position as the country’s fourth-largest private universal bank.
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Core Lending Expansion: Gross loans grew 17% to ₱1.1 trillion, reflecting robust funding demand across both corporate and consumer lending segments.
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Low-Cost Deposit Growth: Total deposits reached ₱1.5 trillion, up 14%. Low-cost checking and savings accounts (CASA) surged 20% to ₱750 billion, pushing the CASA ratio to 49% and effectively lowering overall funding costs.
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Solid Capitalization: Total equity rose 11% to ₱192 billion, lifting book value per share by 11% to ₱71.46. Capital Adequacy Ratio (CAR) and Common Equity Tier 1 (CET1) ratio remained strong at 15.6% and 14.7%, respectively.
Operating expenses increased by 11% to ₱18.4 billion, largely driven by investments in strategic business expansion. Despite these investments, the Bank maintained operational efficiency, with a cost-to-income ratio settling at 50%.
Asset quality improved further as the Non-Performing Loan (NPL) ratio dropped to 1.5%. Recognizing ₱1.2 billion in impairment provisions during the period, Chinabank sustained a highly adequate NPL coverage ratio of 106%.
Alongside its financial performance, Chinabank continues to advance its digital transformation agenda to enhance customer experience. Recent major rollouts include:
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My CBC Business: A next-generation digital platform designed specifically for corporate clients.
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My CBC: Enhanced retail mobile app and web platforms equipped with new functionality and advanced security safeguards.
In recognition of its cash management solutions, Chinabank was recently awarded Philippines Domestic Cash Management Bank of the Year at the 2026 Asian Banking & Finance Wholesale Banking Awards.
