RCBC profit falls 22.5% on higher provisions amid strong lending

Rizal Commercial Banking Corp. (RCBC)

MANILA, Philippines — Rizal Commercial Banking Corp. (RCBC) saw its first-half net income fall 22.5 percent after setting aside higher credit impairment provisions to cushion heightened geopolitical uncertainties, even as its core lending business expanded.

In a disclosure on Thursday, the Yuchengco-led bank reported a net income of P4.11 billion for the first six months of 2026, down from P5.3 billion a year earlier.

READ: RCBC Q1 net income up 12% to P2.7B

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