AYALA-LED Bank of the Philippine Islands' (BPI) net income for the first nine months of 2024 surged by 24.3 percent to a record P48 billion from P38.6 billion a year earlier, driven by robust revenue growth and sustained positive operating leverage.
The bank told the stock exchange on Thursday that it also recorded its highest quarterly income to date of P17.4 billion, 28.9 percent higher than the year-earlier P13.5 billion.