Net interest income (NII) ― or the difference between what a bank earns on loans and pays out for deposits ― slid 9 percent to $11.92 billion. Analysts on average had expected $12.12 billion, according to LSEG data.
Average deposit costs jumped to 1.84 percent from 0.71 percent in the year-ago quarter, the bank said.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.