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United Coconut Planters Bank posts higher net income at end-September

UNITED COCONUT Planters Bank (UCPB) saw its net income rise in the first nine months of the year on the back of sustained growth in its consumer loan portfolio and the upbeat performance of its bancassurance business. In a statement sent to reporters on Tuesday, the state-led UCPB said it booked a net income of […] The post United Coconut Planters Bank posts higher net income at end-September appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineDec 6th, 2017

United Coconut Planters Bank posts higher net income at end-September

UNITED COCONUT Planters Bank (UCPB) saw its net income rise in the first nine months of the year on the back of sustained growth in its consumer loan portfolio and the upbeat performance of its bancassurance business. In a statement sent to reporters on Tuesday, the state-led UCPB said it booked a net income of […] The post United Coconut Planters Bank posts higher net income at end-September appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsDec 6th, 2017

UCPB first-half profit little changed on increased provisions

UNITED Coconut Planters Bank (UCPB) said net profit was flat in the first half with operating income growth tempered by higher provisioning for loan losses. The post UCPB first-half profit little changed on increased provisions appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 17th, 2018

UCPB net income flat in first half

United Coconut Planters Bank (UCPB) saw its net income flat in the first half of the year as its operating income growth was tempered by higher loan loss provisions. In a statement sent on Friday, Aug. 17, the state-run lender posted a net profit of P2 billion in the January-June period, flat from the level […] The post UCPB net income flat in first half appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 17th, 2018

UCPB net earnings go up in Q1 on growth in core businesses

By Melissa Luz T. Lopez, Senior Reporter THE UNITED Coconut Planters Bank (UCPB) saw its net income surge by a fifth during the first quarter, supported by strong growth in its core businesses. The state-run lender said it booked P1.14 billion in profits from January-March, 19% higher than the P958 million earned during the same […] The post UCPB net earnings go up in Q1 on growth in core businesses appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 22nd, 2018

Finance: UCPB sees weaker Q4 income due to higher loss provisions

THE UNITED COCONUT Planters Bank (UCPB) expects its bottom line for the last quarter of the year to be weaker amid higher loan loss provisions during the three-month period, with its 2016 net income likely to be flat versus last year's level......»»

Category: financeSource:  bworldonlineRelated NewsDec 26th, 2016

Low-income elderly Fil-Ams still savor American Dream

  At 64, Estrellita Nable-Miranda still misses going to the spa to have her nails and hair done. But she has to wait for it until she comes home to the Philippines. Anyway, she will be an American citizen in a few months. "We are considered a low-income family here," says Estrellita. Despite their advanced age (husband, Jerry, is 63) both still chose to become American citizens for number of reasons, but specifically medical benefits and care. From banker to entrepreneur Estrellita and Jerry were both professionals in the Philippines. She used to be a clerk at the National Irrigation Authority but later became a bank teller at United Coconut Planters Bank in Mindo...Keep on reading: Low-income elderly Fil-Ams still savor American Dream.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2018

BPI posts higher income

BANK of the Philippine Islands (BPI) saw an increase in its net income in the third quarter, driven by the growth in its interest-bearing businesses. In a statement released to the local bourse on Wednesday, the Ayala-led BPI said it booked a net income of P5.36 billion in the three months ended September, 14% higher […] The post BPI posts higher income appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsNov 9th, 2017

UCPB expects better margins in 2nd semester

United Coconut Planters Bank (UCPB) posted a net profit of P2 billion, flat from the same period last year, amid a highly challenging operating environment that tightened margins and limited tradin.....»»

Category: newsSource:  philippinetimesRelated NewsAug 23rd, 2018

LANDBANK Posts 52% Increase in Q1 Net Income

The Land Bank of the Philippines reported a net income of P4.26 billion for the first quarter of 2018, 52% higher than the P2.81 billion registered in the same period last year. This is also 13% higher than the Bank’s first quarter target of P3.78 billion. This increase was brought about by a 47% surge […].....»»

Category: newsSource:  metrocebuRelated NewsMay 13th, 2018

BPI Posts Net Income of P6.25 Billion for Q1 2018

Bank of the Philippine Islands (BPI) posted P6.25 billion in net income for the first quarter of 2018, flat versus the same period last year, and up by 16.4 % quarter on quarter. Total revenues reached P18.45 billion, higher by 2.7% versus the first quarter of 2017. Net interest income was P12.51 billion, up by […].....»»

Category: newsSource:  metrocebuRelated NewsMay 12th, 2018

BPI posts flat net income of P6.25 billion in Q1 2018

MANILA, Philippines – The  Bank of the Philippine Islands (BPI)  saw a flat net income of P6.25 billion during the 1st 3 months of 2018, due to lower non-interest income as well as higher costs and expenses. BPI, the Philippines' 3rd largest bank in terms of assets, told the Philippine Stock Exchange (PSE) ........»»

Category: newsSource:  rapplerRelated NewsMay 7th, 2018

UCPB Conducts Financial Wellness Roadshow for Capitol Employees

To orient Capitol employees on how to handle finances properly, the United Coconut Planters Bank (UCPB) in partnership with the Provincial Administrator’s Office – Human Resource Management Division conducted a two (2) day Financial Wellness Roadshow held at the Capitol last April 26 and 27, 2018. The activity also gave Capitol employees the chance to […].....»»

Category: newsSource:  metrocebuRelated NewsMay 7th, 2018

Security Bank posts lower Q1 net income

SECURITY BANK Corp. posted a lower net income in the first quarter due to lower trading gains and higher provision for income tax. In a disclosure yesterday, Security Bank said its net income stood at P2.35 billion in the January-March period, 16.6% lower than the P2.82 billion it booked in the same period last year. […] The post Security Bank posts lower Q1 net income appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 2nd, 2018

AUB books higher net income in 2017 as businesses grow

ASIA UNITED Bank Corp. (AUB) saw its net income rise in 2017 supported by growth across its businesses. In a disclosure to the Philippine Stock Exchange on Wednesday, the bank said AUB and its subsidiaries booked a net income of P2.8 billion in 2017, 23% higher than the P2.3 billion logged in the previous year. […] The post AUB books higher net income in 2017 as businesses grow appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 21st, 2018

Metrobank posts higher core income on loans, deposits

METROPOLITAN BANK & Trust Co. (Metrobank) posted higher income on a core basis in 2017 on the back of robust growth in its loans and deposits. In a disclosure to the local bourse on Thursday, the Ty-led Metrobank booked a consolidated net income of P18.2 billion in 2017, up by 10% on a core basis […] The post Metrobank posts higher core income on loans, deposits appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsFeb 1st, 2018

PBCom profit surges to P224 million in 3rd quarter

PHILIPPINE BANK of Communications (PBCom) saw its net income surge 71% in the third quarter, driven by sustained growth across all businesses and a slight decrease in operating costs. In a regulatory filing on Monday, the listed bank said its consolidated net income reached P224 million during the July to September period, higher than the […] The post PBCom profit surges to P224 million in 3rd quarter appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsNov 13th, 2017

Metrobank posts higher earnings at end-Sept.

METROPOLITAN BANK and Trust Co. (Metrobank) booked a higher net income in the third quarter, with its core businesses continuing to grow. In its quarterly earnings report disclosed to the local bourse on Monday, Ty-led Metrobank said it recorded a consolidated net income of P4.52 billion in the third quarter, up by almost 10% from […] The post Metrobank posts higher earnings at end-Sept. appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsNov 6th, 2017

Moody s: Restart on UCPB privatization credit positive

MANILA, Philippines — Moody’s Investors Service lauded the government’s plan to push through with the privatization of the United Coconut Planters Bank, sayi.....»»

Category: financeSource:  philstarRelated NewsSep 28th, 2017

Supreme Court paves way for UCPB privatization

MANILA, Philippines — The United Coconut Planters Bank (UCPB) welcomed yesterday the lifting of the Supreme Court’s temporary restraining order (TRO) on form.....»»

Category: financeSource:  philstarRelated NewsSep 25th, 2017

Government to privatize UCPB

MANILA, Philippines — The government remains keen on pushing through with the privatization of the United Coconut Planters Bank (UCPB), the Department of Fin.....»»

Category: financeSource:  philstarRelated NewsSep 24th, 2017