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MANILA, Philippines — East West Banking Corp. posted a modest increase in first-quarter net income to P1.9 billion from P1.8 billion a year earlier, despite market volatility and higher provisions for credit losses.

In a disclosure on Thursday, the Gotianun-led bank said revenues had risen 15 percent to P13.3 billion in the January-to-March period.

Net interest income climbed 20 percent to P11.1 billion, driven by higher loan volumes and better funding cost management.

READ: EastWest Bank nets record P9.2B in 2025