13 Income Statement
###	Universal and Commercial Bank Group
###	as of end of periods indicated
	amounts in thousand Pesos
	Selected Accounts	Mar-25
operating_income	TOTAL OPERATING INCOME	294,521,594.42
interest_income	Interest Income	347,891,566.72
interest_expense	Interest Expense	107,326,017.61
prov_loss_acc_int_inc_fin_asst	Provision for Losses on Accrued Interest Income from Financial Assets	107,076.07
net_interest_income	Net Interest Income	240,458,473.04
non_interest_income	Non-Interest income	54,063,121.38
fees_comm_income	(1) Fees and Commissions Income	39,938,914.06
trading_income	(2) Trading Income	-1,239,283.65
realized_gains_loss_sale	(a) Realized Gains/(Losses) from Sale/Redemption	4,223,735.36
unrealized_gains_loss_mtm	(b) Unrealized Gains/(Losses) from Marking-to-Market	-2,715,477.83
realized_gains_loss_forex	(c) Realized Gains/(Losses) from FX Transactions	-2,747,541.19
profit_loss_sale_other_asset	(3) Profits/Losses on Sale of Other Assets	3,915,132.87
prof_loss_sale_ntrad_fin_astlib	(a) Profit/(Loss) from Sale/Redemption/Derecognition of Non-Trading Fin'l Assets & Liabilities	1,097,272.69
gain_loss_sale_nonfin_asset	(b) Profit/(Loss) from Sale/Derecognition of Non-Fin'l Assets	2,817,860.18
other_income_web	(4) Other Income	11,448,358.09
dividend_income	(a) Dividend Income	700,487.82
forex_profit_loss	(b) Foreign Exchange Profit/(Loss)	6,326,638.19
gain_loss_fin_asst_liab_dfvpl	(c) Profit/(Loss) on Financial Assets and Liabilities DFVPL	3,167.48
gain_loss_fair_value_hedge	(d) Profit/(Loss) on Fair Value Adjustment in Hedge Accounting	22,295.88
other_income	(e) Other income	4,395,768.72
non_interest_expense	NON-INTEREST EXPENSES	163,963,711.27
compens_fringe_benefits	(1) Compensation/Fringe Benefits	50,855,421.98
taxes_license	(2) Taxes and Licenses	22,761,232.22
fees_comm_expenses	(3) Fees and Commissions	12,655,590.24
other_admin_expenses	(4) Other Administrative Expenses	61,617,730.20
deprec_amort	(5) Depreciation/Amortization	11,865,870.02
impairment_loss	(6) Impairment Losses	321,564.77
provisions	(7) Provisions	3,886,301.84
loss_recoveries_fin_asset	LOSSES/RECOVERIES ON FINANCIAL ASSETS	-24,014,778.64
prov_cred_loss_fasst_offbs_expo	(1) Provision for Credit Losses on Loans & Other Fin'l Assets	-29,464,440.11
bad_debts_written_off	(2) Bad Debts Written Off	-254,881.13
recovery_impaired_off_asset	(3) Recovery on Charged-Off Assets	5,704,542.60
net_profit_bef_share_prof	NET PROFIT BEFORE SHARE IN THE PROFIT/(LOSS) OF UNCONSOLIDATED SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES ACCOUNTED FOR USING THE EQUITY METHOD	106,543,104.50
share_prof_loss_uncons_subs	Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method	7,308,094.29
total_prof_loss_bef_tax	TOTAL PROFIT/LOSS BEFORE TAX AND BEFORE MINORITY INTEREST	113,851,198.79
income_tax_expense	Income Tax Expense	19,359,473.28
total_prof_loss_aft_tax	TOTAL PROFIT/LOSS AFTER TAX AND BEFORE MINORITY INTEREST	94,491,725.52
noncontroll_int_prof_loss	Minority Interest in Profit/(Loss) of Subsidiaries	0.00
net_profit_loss	NET PROFIT OR LOSS	94,491,725.52
	/r Revised
	Source : Department of Supervisory Analytics, Financial Supervision Sector, Bangko Sentral ng Pilipinas
	Updated as of 15 May 2025