4 Income Statement    
       
       
  Philippine Banking System    
  as of end of periods indicated    
  amounts in thousand Pesos    
       
   
  Selected Accounts Mar-21  
   
  TOTAL OPERATING INCOME   212,390,355.78  
  Interest Income 191,811,137.39  
  Interest Expense 30,216,463.29  
  Provision for Losses on Accrued Interest Income from Financial Assets 202,689.45  
  Net Interest Income 161,391,984.65  
  Non-Interest income 50,998,371.13  
  (1) Dividend Income 940,828.15  
  (2) Fees and Commissions Income 25,771,474.12  
  (3) Trading Income 20,254,612.70  
  (a) Realized Gains/(Losses) from Sale/Redemption (1,346,138.10)  
  (b) Unrealized Gains/(Losses) from Marking-to-Market 657,343.77  
  (c) Realized Gains/(Losses) from FX Transactions 837,724.25  
  (d) Foreign Exchange Profit/(Loss) 1,322,848.93  
  (e) Profit/(Loss) from Sale/Redemption/Derecognition of Non-Trading Fin'l Assets & Liabilities 16,910,074.79  
  (f) Profit/(Loss) from Sale/Derecognition of Non-Fin'l Assets 1,898,309.17  
  (g) Profit/(Loss) on Financial Assets and Liabilities DFVPL (15,165.55)  
  (h) Profit/(Loss) on Fair Value Adjustment in Hedge Accounting (10,384.57)  
  (4) Other income 4,031,456.16  
  NON-INTEREST EXPENSES 127,414,006.82  
  (1) Compensation/Fringe Benefits 41,557,306.45  
  (2) Taxes and Licenses 13,850,646.99  
  (3) Fees and Commissions 5,788,270.37  
  (4) Other Administrative Expenses 48,791,880.99  
  (5) Depreciation/Amortization 10,660,769.06  
  (6) Impairment Losses 682,746.97  
  (7) Provisions 6,082,386.00  
  LOSSES/RECOVERIES ON FINANCIAL ASSETS (19,670,065.50)  
  (1) Provision for Credit Losses on Loans & Other Fin'l Assets (23,180,840.44)  
  (2) Bad Debts Written Off (3,433,833.06)  
  (3) Recovery on Charged-Off Assets 6,944,608.00  
  NET PROFIT BEFORE SHARE IN THE PROFIT/(LOSS) OF UNCONSOLIDATED SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES ACCOUNTED FOR USING THE EQUITY METHOD 65,306,283.45  
  Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method 3,939,427.82  
  TOTAL PROFIT/LOSS BEFORE TAX AND BEFORE MINORITY INTEREST 69,245,711.27  
  Income Tax Expense 16,724,205.90  
  TOTAL PROFIT/LOSS AFTER TAX AND BEFORE MINORITY INTEREST 52,521,505.37  
  Minority Interest in Profit/(Loss) of Subsidiaries 0.00  
  NET PROFIT OR LOSS 52,521,505.37  
       
Source : Department of Supervisory Analytics, Financial Supervision Sector, Bangko Sentral ng Pilipinas
Updated as of 4 June 2021