Security Bank books P9.2-B net income in Jan.-Sept. 2026
Résumé détaillé
Security Bank Corporation saw a 1% year-on-year growth in its net income amounting to P9.2 billion in the first nine months of 2026.
Security Bank Corporation saw a 1% year-on-year growth in its net income amounting to P9.2 billion in the first nine months of 2026.
In a news release, Security Bank said its total revenues increased to P52.5 billion, up 8% year-on-year.
The bank also saw total deposits rising to P938 billion, up 4% year-on-year, with current account, savings account (CASA) deposits increasing 9% year-on-year.
Security Bank’s total assets also increased to P1.23trillion during the period, up 8%.
The bank added its branch network expanded to 397 branches to date, opening 19 new branches in the first nine months of 2026.
“Our nine-month results show good progress in the business, particularly in revenue growth and operating efficiency,” said Victor Lee, president and CEO of Security Bank.
“We will continue to manage costs, credit, and capital carefully while remaining focused on the businesses where we see long-term opportunity,” said Lee. — Ted Cordero/RSJ, GMA News
Début de l'article, extrait de GMA News. Pour lire la suite, ouvrez l'article chez le média.
MarketNews présente le titre et le résumé publiés par le média. L'article complet se lit sur le site de l'éditeur. (www.gmanetwork.com)
