Philippine Bank of Communications operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Philippine Bank of Communications with three other
banks in Asia:
Pan Asia Banking Corporation Ltd
of Sri Lanka
sales of 21.67 billion Sri Lanka Rupees [US$120.05 million]
(18.12 billion Pakistan Rupees [US$115.61 million]
of which 47%
was Consumer/ SME banking), and
Bank Rakyat Indonesia Agroniaga Tbk PT
based in Indonesia
(1.71 trillion Indonesian Rupiahs [US$120.93 million]
of which 20%
Philippine Bank of Communications reported sales of 6.10 billion Philippine Pesos (US$116.96 million)
December of 2018.
increase of 19.7%
versus 2017, when the company's sales were 5.10 billion Philippine Pesos.
This was the fourth straight year of sales growth at Philippine Bank of Communications.
Sales of Branch Banking Group saw an increase
that was more than double the company's growth rate: sales were up
49.2% in 2018, from
919.55 million Philippine Pesos to 1.37 billion Philippine Pesos.
Not all segments of Philippine Bank of Communications experienced an increase in sales in 2018:
sales of Treasury Segment fell 71.3% to 60.57 million Philippine Pesos.
(However, this segment's sales were only a very small portion of the company's overall sales).
Philippine Bank of Communications also experienced decreases in sales in
Corporate Banking Group (down 7.7% to 939.48 million Philippine Pesos)
Consumer Finance Group (down 0.7% to 849.04 million Philippine Pesos)
Trust and Wealth Management (down 2.7% to 14.47 million Philippine Pesos)
Rap-Pfrs Adjustments (down 70.1% to 134.27 million Philippine Pesos)