ASIA United Bank (AUB) and its subsidiaries on Monday reported a record net income of P12.7 billion in 2025, up 12 percent from the previous year's P11.4 billion, driven by growth in commercial lending and improved operational efficiency.
The bank’s unaudited consolidated financials showed total operating income rose 9 percent year-on-year (YoY) o P23.2 billion, underpinned by a 13-percent expansion in its loan portfolio to P276 billion.
AUB noted that the return of business confidence to pre-pandemic levels fueled higher loan demand.
Net interest income climbed 10 percent YoY to P18.4 billion and net interest margin stood at 4.8 percent.
Low-cost current account savings account (CASA) deposits grew 25 percent to P279 billion, accounting for 71 percent of total deposits, which expanded 12 percent to P349 billion.
Other income increased 8 percent from a year earlier to P4.8 billion, with credit quality remaining strong.
Nonperforming loans (NPLs) remained low at 0.38 percent, with an NPL coverage ratio of 115 percent, reflecting disciplined underwriting and a high-quality asset base.
Total assets reached P435 billion, up 13 percent from 2024, with capital ratios remaining solid: common equity tier 1 at 18.4 percent and total capital adequacy ratio at 19.1 percent.
AUB President Manuel Gomez highlighted the bank’s cautious optimism amid growing competition and cybersecurity challenges.
“Even as we continue to post record growth, we remain cautiously optimistic as the entire banking industry faces more intense competition from fintechs, AI adoption, and more complex cyber threats,” Gomez said.
“Growth opportunities abound for AUB, particularly in digital partnerships. Through this, we can stay ahead of the curve by revolutionizing cross-border digital payment solutions through our HelloMoney, among others.”
The bank has expanded its HelloMoney e-wallet globally to mainland China and nearly 60 other countries, allowing over six million users to make seamless payments abroad via QR codes supported by Alipay+.
Asia United Bank shares rose P0.20, or 0.46 percent, to close at P43.90 each on Monday.
