Asia United Bank (AUB) and its subsidiaries recorded a net income of Php6.19 billion for the first half of 2026 from the Php6.13 billion reported in June 2025. This performance was anchored on the steady expansion of its core lending business and a resilient funding base, resulting in a Return on Equity (ROE) of 18.3% and a Return on Assets (ROA) of 3.0%.
Total operating income expanded by 10.1% to Php12.32 billion. Total interest income for the first half stood at Php12.69 billion, reflecting an 8.2% year-on-year improvement, while net interest income surged by 14.9% to Php10.11 billion. This revenue growth was largely driven by a 10% increase in loans and receivables, which reached Php281 billion, up from Php256 billion in the first half of 2025. Consequently, the Bank’s total assets grew by 5.6% year-on-year, climbing to Php427 billion as of June 30, 2026, compared to Php405 billion in the same period last year.
On the liabilities side, the Bank continued to benefit from a stable and low-cost funding structure. Total deposit liabilities increased by 3.8% to Php338 billion. Current and Savings Accounts (CASA) remained the cornerstone of this deposit base, totaling Php257 billion and representing a solid 76.12% of total deposits. This disciplined approach to balance sheet management allowed the Bank to effectively support its lending activities while optimizing interest expenses, achieving a Net Interest Margin (NIM) of 5.1%.
Non-interest income generated from other business operations, such as HelloMoney, credit cards, trust services, AUB PayMate, and other branch transactions, increased by 16% to Php1.2 billion.
While operating expenses rose 11% to Php4.0 billion to support ongoing business growth, operational efficiency remained highly competitive, with the Bank maintaining a cost-to-income ratio of 32.6%. To demonstrate proactive risk management in response to the current macroeconomic environment, provisions for credit losses were increased by 227% to Php596 million.
Despite the ongoing credit expansion, asset quality was well-maintained. The Bank reported a low Non-Performing Loans (NPL) ratio of 0.44%, backed by a robust NPL coverage ratio of 107.2%. AUB also sustained capital and liquidity buffers well above regulatory minimums. Total equity grew by 8.7% year-on-year to Php70.54 billion, which helped improve the Capital Adequacy Ratio (CAR) to 19.28% and brought the Common Equity Tier 1 (CET1) ratio to a solid 18.62%.
“Our steady results in the first half of 2026 reflect a strong foundation that enables us to aggressively accelerate our future-ready digital roadmap,” said AUB President Manuel A. Gomez. “As financial landscapes rapidly evolve, we are doubling down on expanding our digital ecosystem—from scaling our HelloMoney e-wallet to enhancing cross-border payment integration through AUB PayMate. By embedding cutting-edge technology into every facet of our operations, we aim to deliver frictionless banking experiences, capture new growth corridors, and maintain our trajectory of sustainable, technology-led profitability.”