Strong performance, stronger trust: SM Supermalls evolves for the next generation of customers

Mall operator sustains portfolio transformation reinforced with customer-obsessed strategy following strong H1 business performance  

SM Supermalls delivered record revenues in the first half the year, expanding 8% to P41.8 billion from P38.6 billion. Its exceptional performance was driven by higher leasable space and tenant sign-ups, along with steady foot traffic. 

Total gross leasable area grew 3 percent to 5.1 million square meters from 5.0 million square meters, while the number of tenants rose 4 percent to 23,174 from 22,192. Average daily foot traffic was steady at 3.7 million.  

Billease grows FY2025 revenue over 80% to US$151 million as net profit rises to US$13.6 million

The consumer-finance platform delivered a return on assets of 6.8% while investing in growth ahead of its move into banking

Billease, one of the Philippines’ leading consumer finance and buy-now-pay-later platforms, today reported audited consolidated results for the financial year ended 31 December 2025. Revenue grew more than 80% to US$151.2 million and net profit reached US$13.6 million, extending Billease’s multi-year track record of profitability—a rare position in a market where the majority of digital banks and lenders remain in the red.

The platform’s gross loan book grew more than 77% to US$212.1 million, total assets reached US$233.5 million, and Billease now onboards more than 100,000 new customers every month. The business delivered a return on assets of roughly 6.8%.

Security Bank delivers 26% growth in operating profit before provisions in 2025 Revenues at PHP66.9B; net profit at PHP11.6B

Security Bank Corporation (PSE: SECB) reported total revenues of PHP66.9 billion in 2025, up 22% year-on-year, supported by sustained performance across its core banking businesses and diversified income streams. Net income reached PHP11.6 billion, up 3% year-on-year, as the Bank balanced revenue growth with higher credit provisioning to reinforce balance-sheet resilience amid a challenging macroeconomic environment. Pre-provision operating profit (PPOP) rose 26% year-on-year to PHP27.6 billion, underscoring the Bank’s core earnings capacity. 

“We are seeing the benefits of the strong foundations we have built. Following a period of intentional investment and operating in a more challenging macro environment, we are refocusing on disciplined growth, delivering strong revenue momentum, improving asset quality, and maintaining a resilient balance sheet. This reflects our BetterBanking approach, focused on long-term value and serving our customers and all stakeholders responsibly,” said Victor Lee Meng Teck, President and CEO of Security Bank.

Security Bank total revenues grew 22% year-on-year to PHP48.8 billion and net profit up 7% to PHP9.1 billion in first nine months of 2025

Security Bank Corporation (PSE: SECB) total revenues in the first nine months of 2025 (9M-2025) grew 22% year-on-year to PHP48.8 billion. Net profit increased 7% year-on-year to PHP9.1 billion.

The Bank’s 9M-2025 net interest income climbed 15% over the previous year to PHP37.2 billion, with net interest margin improving to 4.70% in 9M-2025 from 4.56% in H1-2025. Total non-interest income likewise increased 52% year-on-year to PHP11.6 billion. Service charges, fees and commissions was PHP6.3 billion, lower than previous year due to the one-off bancassurance milestone fee in Q1-2024. Excluding the milestone fee, 9M-2025 service charges, fees and commissions increased 20% year-on-year, led by credit cards, payment services, and capital market fees.

9M-2025 operating expense was 20% higher, driven by investments in manpower and technology to accelerate transformation and drive growth. Cost-to-income ratio improved to 58.1%, compared to 59.6% in H1-2025 and 58.8% a year ago.

Allianz announces record-breaking €152.7 billion total revenues for 2022 in financial results report

Global insurance leader Allianz recently released its full-year financial results for 2022, announcing a record-breaking €152.7 billion (₱8.92 trillion) in total revenues. This marks a growth of 2.8%, coming from €148.5 billion (₱8.67 trillion) in 2021.

“Our performance is the product of thoughtful design, reliable execution, relentless simplification, and disciplined capital management,” said Oliver Bäte, CEO of Allianz SE. “In an unpredictable world with growing risks and societal imbalances, we are proudly demonstrating our ability to leverage the benefits of Allianz’s scale for our customers, our employees, and our shareholders.”

UBX revenues balloon 5x in 2021, aims to ride growth momentum this year

UBX, the leading open finance platform in the Philippines, recorded remarkable growth in 2021 with revenues ballooning by 5x, a momentum that the fintech innovator aims to ride on in 2022.

With the demand for digital financial solutions growing at rapid paces due to the pandemic, UBX served over 200,000 business to business customers, partnered with more than 2,000 independent banking agents and 250 financial institutions, and recorded an annual gross transaction value of P20 billion. 

“The year 2021 was a real inflection point for us – it is when we achieved traction. Our goal is to continue to ride on this growth momentum in 2022 through constant innovation and the development of solutions that will further democratize access to financial services,” UBX President and CEO John Januszczak said. 

1CISP Posts record Growth In 2018

Total assets grew by 65% YoY to P2.57B 

1Cooperative Insurance System of the Philippines (1CISP), the largest cooperative insurer in the Philippines, ended 2018 with a record-high growth in assets, owing to the conducive business environment in the local insurance industry.

In a press briefing held recently led by 1CISP president Roy S. Miclat, he revealed that 1CISP’s total assets as of end-2018 has reached P2.57 billion, a hefty 65% increase from the cooperative’s total assets of P1.55 billion in 2017.  Joining the presentation were Brig. Gen. Teodoro P. Evangelista, Chairperson and 1CISP Directors Imelda S. Magabilen and Sec. Senen Bacani. 

Globe leads industry performance - Q1 net income up 43% YoY

Globe Telecom continues to post record numbers during the first three months of 2015, registering an impressive financial performance, highlighted by solid top-line growth, and EBITDA and NIAT at all-time high figures.

In its latest disclosure during the First Quarter Analysts’ Briefing, Globe officials revealed that the company generated P26.2 billion consolidated service revenues, 13% higher than 2014, while EBITDA level was at P11 billion, up 25% year-on -year. Its core net income was at P4.2 billion, a 25% rise compared to last year.