BDO earnings up 49.3% in Jan-Sept

LISTED BDO Unibank Inc. (BDO) announced on Monday that its net income grew by 49.3 percent to P32.1 billion for the first nine months of the year from P21.5 billion during the same period in 2018.

In a disclosure, the bank owned by the Sy family said its net profit was largely driven by the expansion in recurring core revenues.