BDO
Banks

BDO posts income of ₱57.1 Bn in 2022 and ₱16.5 Bn in 1Q 2023

In BDO Unibank, Inc.’s (BDO) Annual Stockholders’ Meeting, President and CEO Nestor V. Tan highlighted the Bank’s 33% year-on-year (YoY) increase in net income to ₱57.1 billion in 2022, driven by healthy growth across all core businesses. The momentum was sustained in the first quarter of 2023 with earnings up 41% YoY to ₱16.5 billion.

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