Asia United Bank (AUB) reported ₱6.19 billion in net income for the first half of 2026, slightly higher than the ₱6.13 billion recorded during the same period last year, as the bank sustained growth in lending, deposits, and digital banking initiatives.
The AUB H1 2026 earnings reflect continued momentum across the bank’s core businesses, supported by expanding loans, stronger operating income, and a resilient funding base. During the period, AUB posted a Return on Equity (ROE) of 18.3% and a Return on Assets (ROA) of 3.0%, underscoring its profitability despite a challenging economic environment.
Loan Growth and Strong Funding Drive Performance
AUB’s total operating income increased 10.1% year-on-year to ₱12.32 billion, while net interest income climbed 14.9% to ₱10.11 billion. The growth was fueled by a 10% increase in loans and receivables, which reached ₱281 billion, compared with ₱256 billion in the first half of 2025.
The bank’s total assets also expanded 5.6% to ₱427 billion as of June 30, 2026.
On the funding side, total deposits rose 3.8% to ₱338 billion, with Current and Savings Accounts (CASA) accounting for ₱257 billion, or more than 76% of total deposits. The strong CASA base helped AUB maintain a healthy Net Interest Margin (NIM) of 5.1%, allowing it to efficiently support loan growth while managing funding costs.
Digital Businesses Continue to Contribute
Beyond traditional banking, AUB H1 2026 earnings were also supported by growth in its digital and fee-based businesses.
Non-interest income increased 16% to ₱1.2 billion, driven by stronger contributions from HelloMoney, the bank’s e-wallet platform, credit cards, trust services, AUB PayMate, and branch transaction services.
President Manuel A. Gomez said the bank plans to accelerate its digital transformation by expanding the HelloMoney ecosystem and strengthening cross-border payment capabilities through AUB PayMate. According to Gomez, the bank remains focused on embedding technology across its operations to improve customer experience while supporting long-term growth.
Asset Quality Remains Strong
Despite continued loan expansion, AUB maintained solid asset quality during the first half of the year.
The bank reported a Non-Performing Loan (NPL) ratio of just 0.44%, supported by an NPL coverage ratio of 107.2%. At the same time, AUB increased provisions for credit losses by 227% to ₱596 million as a precaution against evolving macroeconomic risks.
Meanwhile, shareholders’ equity grew 8.7% to ₱70.54 billion, lifting the bank’s Capital Adequacy Ratio (CAR) to 19.28% and its Common Equity Tier 1 (CET1) ratio to 18.62%, both comfortably above regulatory requirements.
Positioned for Sustainable Growth
The AUB H1 2026 earnings highlight the bank’s ability to balance steady financial performance with continued investments in digital innovation.
Supported by healthy loan growth, a stable deposit base, and expanding digital services, AUB is positioning itself to capture new opportunities in the country’s evolving financial services landscape while maintaining a strong capital and liquidity position.
