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MANILA, Philippines — Philippine National Bank (PNB) posted a 17-percent increase in first-half net income, driven by higher lending activity, stronger fee-based income and improving asset quality despite a volatile market environment.
On Friday, the Lucio Tan-led bank said net income reached P14.6 billion in the first six months of 2026, up from P12.5 billion in the same period last year.
READ: PNB Q1 earnings up 5% to P6.37B
This lifted its return on equity to 12.1 percent from 11.4 percent a year earlier.
