Chinabank (PSE: CBC) continues to deliver robust growth, steering through the first half of 2026 with a net income of P14.5 billion, up 11% compared to the same period last year. Bottom-line expansion was driven by the surge in core lending, strong balance sheet growth, and the optimization of risk cushions given the health of the bank's loan book. Return on equity stood at 15.1% and return on assets at 1.6%.
Net interest income increased by 14% to P39.7 billion as net interest margin expanded to 4.67%.
Operating expenses tied to business expansion rose by 11% to P18.4 billion. Cost-to-income ratio settled at 50%.
With non-performing loan (NPL) ratio remaining steady at 1.5%, Chinabank booked P1.2 billion in impairment and credit loss provision, resulting in a more than adequate NPL coverage ratio of 106%.
This entire growth story is anchored by the sustained expansion of the bank's balance sheet, with total assets growing 13% year-on-year to P1.9 trillion—still the fourth largest among the private universal banks in the country. Gross loans expanded by 17% to P1.1 trillion on strong demand across corporate and consumer segments.
Total deposits reached P1.5 trillion, up 14%. The growth was driven by a 21% year-on-year increase in low-cost Peso checking and savings accounts (CASA). Including foreign currency CASA deposits, total CASA stood at P750 billion, translating to a CASA ratio of 49% and a lower overall cost of funds.
Total equity climbed 11% to P192 billion, translating to an 11% growth in book value per share to P71.46. The bank continues to maintain a robust capital adequacy ratio of 15.6% and a common equity tier 1 ratio of 14.7%.
Alongside its financial strength, Chinabank continues to accelerate its digital transformation to optimize customer experience. The bank recently rolled out its next-generation corporate digital banking facility, My CBC Business, and enhanced its retail mobile app and web platform, My CBC, with new features and added safeguards. Highlighting its real-world customer innovations, Chinabank was named Philippines Domestic Cash Management Bank of the Year at the 2026 Asian Banking & Finance Wholesale Banking Awards.
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