4 Income Statement      
         
         
  Philippine Banking System      
  as of end of periods indicated      
  amounts in thousand Pesos      
         
   
  Selected Accounts Mar-21 Jun-21  
   
  TOTAL OPERATING INCOME   212,390,355.78 451,746,783.97  
  Interest Income 191,811,137.39 384,917,761.91  
  Interest Expense 30,216,463.29 59,061,462.86  
  Provision for Losses on Accrued Interest Income from Financial Assets 202,689.45 273,791.69  
  Net Interest Income 161,391,984.65 325,582,507.36  
  Non-Interest income 50,998,371.13 126,164,276.61  
  (1) Dividend Income 940,828.15 1,309,836.60  
  (2) Fees and Commissions Income 25,771,474.12 50,996,133.64  
  (3) Trading Income 20,254,612.70 66,353,542.20  
  (a) Realized Gains/(Losses) from Sale/Redemption (1,346,138.10) (253,227.46)  
  (b) Unrealized Gains/(Losses) from Marking-to-Market 657,343.77 536,242.33  
  (c) Realized Gains/(Losses) from FX Transactions 837,724.25 2,295,548.08  
  (d) Foreign Exchange Profit/(Loss) 1,322,848.93 3,377,206.60  
  (e) Profit/(Loss) from Sale/Redemption/Derecognition of Non-Trading Fin'l Assets & Liabilities 16,910,074.79 23,198,654.58  
  (f) Profit/(Loss) from Sale/Derecognition of Non-Fin'l Assets 1,898,309.17 37,146,423.39  
  (g) Profit/(Loss) on Financial Assets and Liabilities DFVPL (15,165.55) 71,359.47  
  (h) Profit/(Loss) on Fair Value Adjustment in Hedge Accounting (10,384.57) (18,664.79)  
  (4) Other income 4,031,456.16 7,504,764.16  
  NON-INTEREST EXPENSES 127,414,006.82 253,817,572.22  
  (1) Compensation/Fringe Benefits 41,557,306.45 86,796,215.48  
  (2) Taxes and Licenses 13,850,646.99 25,664,083.15  
  (3) Fees and Commissions 5,788,270.37 11,881,162.75  
  (4) Other Administrative Expenses 48,791,880.99 97,304,099.69  
  (5) Depreciation/Amortization 10,660,769.06 21,746,976.16  
  (6) Impairment Losses 682,746.97 1,481,384.99  
  (7) Provisions 6,082,386.00 8,943,650.00  
  LOSSES/RECOVERIES ON FINANCIAL ASSETS (19,670,065.50) (57,064,622.52)  
  (1) Provision for Credit Losses on Loans & Other Fin'l Assets (23,180,840.44) (62,272,438.54)  
  (2) Bad Debts Written Off (3,433,833.06) (4,943,245.29)  
  (3) Recovery on Charged-Off Assets 6,944,608.00 10,151,061.31  
  NET PROFIT BEFORE SHARE IN THE PROFIT/(LOSS) OF UNCONSOLIDATED SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES ACCOUNTED FOR USING THE EQUITY METHOD 65,306,283.45 140,864,589.22  
  Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method 3,939,427.82 10,144,651.11  
  TOTAL PROFIT/LOSS BEFORE TAX AND BEFORE MINORITY INTEREST 69,245,711.27 151,009,240.34  
  Income Tax Expense 16,724,205.90 28,338,093.85  
  TOTAL PROFIT/LOSS AFTER TAX AND BEFORE MINORITY INTEREST 52,521,505.37 122,671,146.49  
  Minority Interest in Profit/(Loss) of Subsidiaries 0.00 0.00  
  NET PROFIT OR LOSS 52,521,505.37 122,671,146.49  
         
Source : Department of Supervisory Analytics, Financial Supervision Sector, Bangko Sentral ng Pilipinas
Updated as of 9 August 2021