BDO nets P40-B income in first 9 mos of 2022

By Ed Paolo Salting

Oct 30, 2022 12:13 am

BDO Unibank Inc. (BDO) announced on Friday that its net income grew to P40.0 billion in the first nine months of 2022, up by 23.5 percent from P32.4 billion in the comparative period last year on solid results across its core businesses.

This translates to a Return on Average Common Equity of 12.4 percent for the same period, also an increase compared to 10.7 percent posted a year ago.

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