Philippine Savings Bank (PSB) 주식 개요필리핀 저축은행은 필리핀에서 주로 저축 및 모기지 뱅킹 활동을 하고 있습니다. 자세히 보기PSB 펀더멘털 분석스노우플레이크 점수가치 평가3/6미래 성장0/6과거 실적2/6재무 건전성6/6배당4/6강점공정 가치 추정치보다 낮은 21.8% 에서 거래5.66% 의 안정적인 배당금을 지급합니다.위험 분석이익 마진 (24.3%)이 지난해 (34.9%)보다 낮습니다.모든 위험 점검 보기PSB Community Fair Values Create NarrativeSee what 40 others think this stock is worth. Follow their fair value or set your own to get alerts.NEW501,009 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG501,009 investors already sharing narrativesYour Fair Value₱Current Price₱53.0538.4% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture017b2016201920222025202620282031Revenue ₱17.5bEarnings ₱4.2bAdvancedSet Fair ValueView all narrativesPhilippine Savings Bank 경쟁사Philippine Business BankSymbol: PSE:PBBMarket cap: ₱5.9bAsia United BankSymbol: PSE:AUBMarket cap: ₱75.9bEast West BankingSymbol: PSE:EWMarket cap: ₱27.4bBank of CommerceSymbol: PSE:BNCOMMarket cap: ₱15.7b가격 이력 및 성과Philippine Savings Bank 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가₱53.0552주 최고가₱59.2052주 최저가₱50.80베타0.0541개월 변동-0.094%3개월 변동-5.61%1년 변동-8.53%3년 변동-4.76%5년 변동-5.27%IPO 이후 변동13.67%최근 뉴스 및 업데이트Buy Or Sell Opportunity • Jun 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.2% to ₱53.00. The fair value is estimated to be ₱66.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Reported Earnings • May 16First quarter 2026 earnings released: EPS: ₱2.21 (vs ₱2.84 in 1Q 2025)First quarter 2026 results: EPS: ₱2.21 (down from ₱2.84 in 1Q 2025). Revenue: ₱3.38b (down 6.1% from 1Q 2025). Net income: ₱944.3m (down 22% from 1Q 2025). Profit margin: 28% (down from 34% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.Board Change • May 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Teh Opinion was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • Apr 26Fourth quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 8th May 2026 Payment date: 25th May 2026 Dividend yield will be 5.3%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Apr 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.6% to ₱55.80. The fair value is estimated to be ₱70.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.1%.Buy Or Sell Opportunity • Apr 08Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at ₱56.20. The fair value is estimated to be ₱70.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.1%.더 많은 업데이트 보기Recent updatesBuy Or Sell Opportunity • Jun 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.2% to ₱53.00. The fair value is estimated to be ₱66.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Reported Earnings • May 16First quarter 2026 earnings released: EPS: ₱2.21 (vs ₱2.84 in 1Q 2025)First quarter 2026 results: EPS: ₱2.21 (down from ₱2.84 in 1Q 2025). Revenue: ₱3.38b (down 6.1% from 1Q 2025). Net income: ₱944.3m (down 22% from 1Q 2025). Profit margin: 28% (down from 34% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.Board Change • May 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Teh Opinion was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • Apr 26Fourth quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 8th May 2026 Payment date: 25th May 2026 Dividend yield will be 5.3%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Apr 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.6% to ₱55.80. The fair value is estimated to be ₱70.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.1%.Buy Or Sell Opportunity • Apr 08Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at ₱56.20. The fair value is estimated to be ₱70.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.1%.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: ₱8.20 (vs ₱12.20 in FY 2024)Full year 2025 results: EPS: ₱8.20 (down from ₱12.20 in FY 2024). Revenue: ₱13.6b (down 10% from FY 2024). Net income: ₱3.50b (down 33% from FY 2024). Profit margin: 26% (down from 34% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat.Buy Or Sell Opportunity • Mar 11Now 20% undervaluedOver the last 90 days, the stock has risen 3.7% to ₱57.00. The fair value is estimated to be ₱71.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has grown by 11%.Buy Or Sell Opportunity • Feb 24Now 20% undervaluedOver the last 90 days, the stock has risen 3.6% to ₱56.80. The fair value is estimated to be ₱71.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has grown by 11%.Declared Dividend • Jan 18Third quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 29th January 2026 Payment date: 16th February 2026 Dividend yield will be 5.2%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Jan 16+ 1 more updatePhilippine Savings Bank, Annual General Meeting, Apr 23, 2026Philippine Savings Bank, Annual General Meeting, Apr 23, 2026.Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: ₱1.60 (vs ₱3.37 in 3Q 2024)Third quarter 2025 results: EPS: ₱1.60 (down from ₱3.37 in 3Q 2024). Revenue: ₱3.27b (down 14% from 3Q 2024). Net income: ₱681.4m (down 53% from 3Q 2024). Profit margin: 21% (down from 38% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Nov 07Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.9% to ₱52.55. The fair value is estimated to be ₱68.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has grown by 19%.Declared Dividend • Oct 26Second quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 7th November 2025 Payment date: 24th November 2025 Dividend yield will be 5.3%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ₱2.23 (vs ₱3.19 in 2Q 2024)Second quarter 2025 results: EPS: ₱2.23 (down from ₱3.19 in 2Q 2024). Revenue: ₱3.38b (down 6.6% from 2Q 2024). Net income: ₱953.6m (down 30% from 2Q 2024). Profit margin: 28% (down from 38% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Declared Dividend • Jul 27First quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 7th August 2025 Payment date: 26th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 17First quarter 2025 earnings released: EPS: ₱2.84 (vs ₱2.82 in 1Q 2024)First quarter 2025 results: EPS: ₱2.84 (up from ₱2.82 in 1Q 2024). Revenue: ₱3.60b (down 4.7% from 1Q 2024). Net income: ₱1.21b (flat on 1Q 2024). Profit margin: 34% (up from 32% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Declared Dividend • Apr 27Fourth quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 9th May 2025 Payment date: 26th May 2025 Dividend yield will be 5.1%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Apr 25Philippine Savings Bank Declares Regular Cash Dividend for the First Quarter 2025, Payable on 26 May 2025The Board of Directors of Philippine Savings Bank, in its meeting held 24 April 2025, passed a resolution declaring a 7.5% Regular Cash Dividend for the first quarter 2025 amounting to PHP 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the Record Date of 12 May 2025 and will be paid no later than the Payment Date of 26 May 2025.Reported Earnings • Mar 18Full year 2024 earnings released: EPS: ₱12.20 (vs ₱10.62 in FY 2023)Full year 2024 results: EPS: ₱12.20 (up from ₱10.62 in FY 2023). Revenue: ₱15.1b (up 10% from FY 2023). Net income: ₱5.21b (up 15% from FY 2023). Profit margin: 35% (up from 33% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Declared Dividend • Jan 19Third quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 31st January 2025 Payment date: 17th February 2025 Dividend yield will be 5.1%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Jan 17+ 2 more updatesPhilippine Savings Bank, Annual General Meeting, Apr 24, 2025Philippine Savings Bank, Annual General Meeting, Apr 24, 2025, at 15:00 W. Australia Standard Time. Location: tba, PhilippinesReported Earnings • Nov 17Third quarter 2024 earnings released: EPS: ₱3.37 (vs ₱2.81 in 3Q 2023)Third quarter 2024 results: EPS: ₱3.37 (up from ₱2.81 in 3Q 2023). Revenue: ₱3.78b (up 4.9% from 3Q 2023). Net income: ₱1.44b (up 20% from 3Q 2023). Profit margin: 38% (up from 33% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Declared Dividend • Oct 20Second quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 31st October 2024 Payment date: 18th November 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Oct 18Philippine Savings Bank Announces 7.5% Regular Cash Dividend for the Third Quarter 2024, Payable on November 18, 2024The Board of Directors of Philippine Savings Bank, in its meeting held on 17 October 2024, passed a resolution declaring a 7.5% Regular Cash Dividend for the third quarter 2024 amounting to PHP 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the Record Date of 04 November 2024 and will be paid no later than the Payment Date of 18 November 2024.Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: ₱3.19 (vs ₱2.79 in 2Q 2023)Second quarter 2024 results: EPS: ₱3.19 (up from ₱2.79 in 2Q 2023). Revenue: ₱3.62b (up 4.7% from 2Q 2023). Net income: ₱1.36b (up 14% from 2Q 2023). Profit margin: 38% (up from 34% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Declared Dividend • Jul 29First quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 8th August 2024 Payment date: 27th August 2024 Dividend yield will be 5.4%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 4.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Jul 26Philippine Savings Bank Declares Regular Cash Dividend for the Second Quarter of 2024, Payable on August 27, 2024The Board of Directors of Philippine Savings Bank, in its meeting held on 25 July 2024, passed a resolution declaring a 7.5% Regular Cash Dividend for the second quarter 2024 amounting to PHP 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the Record Date of 09 August 2024 and will be paid no later than the Payment Date of 27 August 2024.Reported Earnings • May 16First quarter 2024 earnings released: EPS: ₱2.82 (vs ₱2.29 in 1Q 2023)First quarter 2024 results: EPS: ₱2.82 (up from ₱2.29 in 1Q 2023). Revenue: ₱3.78b (up 16% from 1Q 2023). Net income: ₱1.20b (up 23% from 1Q 2023). Profit margin: 32% (up from 30% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Board Change • May 07Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Ronald Luis Goseco was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Declared Dividend • Apr 29Fourth quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 10th May 2024 Payment date: 27th May 2024 Dividend yield will be 5.5%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Apr 27Philippine Savings Bank Declares Cash Dividend for the First Quarter of 2024, Payable on May 27, 2024The Board of Directors of Philippine Savings Bank, in its meeting held on 25 April 2024, passed a resolution declaring a 7.5% regular cash dividend for the first quarter 2024 amounting to PHP 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the record date of 13 May 2024 and will be paid no later than the payment date of 27 May 2024.Reported Earnings • Mar 20Full year 2023 earnings released: EPS: ₱10.61 (vs ₱8.62 in FY 2022)Full year 2023 results: EPS: ₱10.61 (up from ₱8.62 in FY 2022). Revenue: ₱13.7b (flat on FY 2022). Net income: ₱4.53b (up 23% from FY 2022). Profit margin: 33% (up from 27% in FY 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공시 • Jan 31Philippine Savings Bank Announces Resignation Ma. Soledad D.S. De Leon as A Member of the Board of Directors and as A Member of the Trust Committee and the Related Party Transactions CommitteeBoard of Directors of Philippine Savings Bank, in its special meeting held on, 31 January 2024, accepted the resignation of Director Ma. Soledad D.S. De Leon as a member of the Board of Directors and as a member of the Trust Committee and the Related Party Transactions Committee. The said resignation is due to personal reasons and effective immediately.Upcoming Dividend • Jan 25Upcoming dividend of ₱0.75 per share at 5.4% yieldEligible shareholders must have bought the stock before 01 February 2024. Payment date: 19 February 2024. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 5.4%. Lower than top quartile of Filipino dividend payers (5.6%). Higher than average of industry peers (3.3%).공시 • Jan 19+ 1 more updatePhilippine Savings Bank, Annual General Meeting, Apr 25, 2024Philippine Savings Bank, Annual General Meeting, Apr 25, 2024, at 15:00 Singapore Standard Time.공시 • Dec 28Philippine Savings Bank Announces Retirement of Emmanuel A. Tuazon as Senior Vice President and Marketing Group Head, Effective 1 January 2024Philippine Savings Bank announced the retirement of Senior Vice President and Marketing Group Head Emmanuel A. Tuazon effective 1 January 2024.공시 • Dec 15Philippine Savings Bank Announces Executive ChangesIn Board meeting held on December 14, 2023, the Philippine Savings Bank's Board of Directors approved the appointment of Senior Vice President & Controller/Finance Group Head, Ms. Leah M. Zamora, concurrently as the Bank's new Corporate Secretary effective 01 January 2024. She will serve the remaining unexpired term of incumbent Senior Vice President & Corporate Secretary Mr. Perfecto Ramon Z. Dimayuga, Jr., who will be retiring by 31 December 2023. Ms. Zamora has been with the Bank for 13 years since she joined in April 2010. As the incumbent Controller and Head of the Finance Group, she oversees the Group's Financial Planning Division (FPD), Financial Accounting Services Division (FASD) and Business Intelligence Division (BID). She is also a member of the Bank's Assets and Liabilities, IT Steering, Retirement, Outsourcing and Related Party Transactions Management committees. Prior to joining the Bank, she served as Vice President for Financial Planning and Analysis of GE Money Bank Philippines (now part of BDO Unibank). She graduated BS in Accountancy from the De La Salle University (DLSU) and is a Certified Public Accountant (CPA).Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: ₱2.81 (vs ₱2.38 in 3Q 2022)Third quarter 2023 results: EPS: ₱2.81 (up from ₱2.38 in 3Q 2022). Revenue: ₱3.60b (up 6.0% from 3Q 2022). Net income: ₱1.20b (up 18% from 3Q 2022). Profit margin: 33% (up from 30% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Oct 31Upcoming dividend of ₱0.75 per share at 5.5% yieldEligible shareholders must have bought the stock before 07 November 2023. Payment date: 20 November 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 5.5%. Lower than top quartile of Filipino dividend payers (5.6%). Higher than average of industry peers (3.3%).공시 • Oct 20Philippine Savings Bank Approves Cash Dividend for the Third Quarter of 2023, Payable on November 20, 2023The Board of Directors of Philippine Savings Bank, in its meeting held on 19 October 2023, passed a resolution declaring regular Cash Dividend for the third quarter of 2023 amounting to PHP 0.75 per share. Payment Date is November 20, 2023 and Record Date is November 8, 2023.공시 • Sep 22Philippine Savings Bank Announces Board ChangesPhilippine Savings Bank in its meeting held on September 21, 2023, approved the following matters as endorsed by the Bank's Corporate Governance Committee (CGC): Election of Mr. Ronald Luis S. Goseco as Independent Director, subject to the required confirmation by the Bangko Sentral ng Pilipinas with his existing interlocking positions; and, Appointment of Mr. Goseco as Chairman of the Bank's Risk Oversight Committee and Member of the Audit and Related Party Transactions Committees. Mr. Goseco will serve the remaining unexpired term and fill in the vacant committee seats left by former Independent Director Higinio O. Macadaeg, Jr.공시 • Aug 25Philippine Savings Bank Appoints Elmer K. Mercado as the Bank's Deputy Treasurer from 01 September 2023 to 31 December 2023 and Treasurer/Treasury Group Head from 01 January 2024 to 31 August 2028Philippine Savings Bank in its meeting held on August 24, 2023, passed a resolution approving the appointment, via secondment, for a maximum period of five (5) years from 01 September 2023 to 31 August 2028, ofparent-Metrobank's First Vice President (FVP) Mr. Elmer K. Mercado as the Bank's Deputy Treasurer from 01 September 2023 to 31 December 2023 and Treasurer/Treasury Group Head from 01 January 2024 to 31 August 2028.Reported Earnings • Aug 14Second quarter 2023 earnings released: EPS: ₱2.79 (vs ₱2.22 in 2Q 2022)Second quarter 2023 results: EPS: ₱2.79 (up from ₱2.22 in 2Q 2022). Revenue: ₱3.46b (flat on 2Q 2022). Net income: ₱1.19b (up 26% from 2Q 2022). Profit margin: 34% (up from 28% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 25Upcoming dividend of ₱0.75 per share at 5.3% yieldEligible shareholders must have bought the stock before 01 August 2023. Payment date: 22 August 2023. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 5.3%. Lower than top quartile of Filipino dividend payers (5.4%). Higher than average of industry peers (3.1%).공시 • Jul 23Philippine Savings Bank Approves the Declaration of Cash Dividends for Second Quarter of 2023, Payable on August 22, 2023Philippine Savings Bank has approved the declaration of cash dividends for second quarter of 2023. Amount of Cash Dividend Per Share, Php 0.75, Record Date is Aug. 4, 2023, Payment Date is August 22, 2023.공시 • Jul 18Philippine Savings Bank Announces Resignation of Higinio O. Macadaeg, Jr. as Independent DirectorPhilippine Savings Bank announced that Director Higinio O. Macadaeg, Jr. has tendered his resignation as independent director of Philippine Savings Bank due to personal reasons effective immediately. Mr. Macadaeg's resignation is not due to any disagreement with any Board policies and practices.Board Change • Jun 07Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Rufino Luis Manotok was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • May 16First quarter 2023 earnings released: EPS: ₱2.29 (vs ₱2.08 in 1Q 2022)First quarter 2023 results: EPS: ₱2.29 (up from ₱2.08 in 1Q 2022). Revenue: ₱3.26b (down 7.4% from 1Q 2022). Net income: ₱976.9m (up 10% from 1Q 2022). Profit margin: 30% (up from 25% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 03Upcoming dividend of ₱0.75 per share at 5.4% yieldEligible shareholders must have bought the stock before 10 May 2023. Payment date: 29 May 2023. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 5.4%. Lower than top quartile of Filipino dividend payers (5.7%). Higher than average of industry peers (2.8%).Reported Earnings • Mar 22Full year 2022 earnings released: EPS: ₱8.62 (vs ₱3.61 in FY 2021)Full year 2022 results: EPS: ₱8.62 (up from ₱3.61 in FY 2021). Revenue: ₱13.7b (up 13% from FY 2021). Net income: ₱3.68b (up 139% from FY 2021). Profit margin: 27% (up from 13% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jan 31Upcoming dividend of ₱0.75 per share at 5.3% yieldEligible shareholders must have bought the stock before 07 February 2023. Payment date: 27 February 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Filipino dividend payers (5.4%). Higher than average of industry peers (2.3%).공시 • Jan 27+ 1 more updatePhilippine Savings Bank, Annual General Meeting, Apr 27, 2023Philippine Savings Bank, Annual General Meeting, Apr 27, 2023, at 15:00 China Standard Time.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ₱2.38 (vs ₱0.89 in 3Q 2021)Third quarter 2022 results: EPS: ₱2.38 (up from ₱0.89 in 3Q 2021). Revenue: ₱3.40b (up 8.9% from 3Q 2021). Net income: ₱1.02b (up 167% from 3Q 2021). Profit margin: 30% (up from 12% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Francisco Magsajo was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Oct 26Upcoming dividend of ₱0.75 per shareEligible shareholders must have bought the stock before 02 November 2022. Payment date: 21 November 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of Filipino dividend payers (5.9%). Higher than average of industry peers (2.6%).공시 • Oct 21Philippine Savings Bank Declares Regular Cash Dividend for the Third Quarter of 2022, Payable on 21 November 2022The Board of Directors of Philippine Savings Bank, in its meeting held on 20 October 2022, passed a resolution declaring a 7.5% regular CashDividend for the third quarter of 2022 amounting to PHP 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the Record Date of 07 November 2022 and will be paid no later than the Payment Date of 21 November 2022.공시 • Aug 26+ 1 more updatePhilippine Savings Bank Promotes Edeza A. Que to Senior Vice President, Effective September 1, 2022The Board of Directors of Philippine Savings Bank, in its meeting held on August 25, 2022, passed a resolution approving the promotion of First Vice President Edeza A. Que to Senior Vice President effective of September 1, 2022. Currently, Ms. Que is the Chief Risk and Sustainability Officer (CRSO). Under her leadership, Risk Management Office (RMO) has consistently ensured the Bank's compliance with new regulatory issuances/circulars on risk management. RMO also ensures that the Bank's credit risk taking activities are optimized and in accordance with the prevailing market conditions. With regulatory mandates on Sustainability Reporting and Sustainable Finance, Ms. Que was tasked to lead the Bank's compliance and commitment to sustainability with her designation as CRSO in 2021. Ms. Que was instrumental in developing the Bank's Sustainable Finance Framework and Environmental and Social Risk Management Policy Manual.Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ₱2.22 (vs ₱1.03 in 2Q 2021)Second quarter 2022 results: EPS: ₱2.22 (up from ₱1.03 in 2Q 2021). Revenue: ₱3.44b (up 25% from 2Q 2021). Net income: ₱948.3m (up 115% from 2Q 2021). Profit margin: 28% (up from 16% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 26Upcoming dividend of ₱0.75 per shareEligible shareholders must have bought the stock before 02 August 2022. Payment date: 22 August 2022. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of Filipino dividend payers (5.1%). Higher than average of industry peers (1.5%).공시 • Jul 22Philippine Savings Bank Declares Regular Cash Dividend for the Second Quarter of 2022, Payable on 22 August 2022The Board of Directors of Philippine Savings Bank, in its meeting held on 21 July 2022, passed a resolution declaring a 7.5% Regular Cash Dividend for the second quarter of 2022 amounting to PHP 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the Record Date of 05 August 2022 and will be paid no later than the Payment Date of 22 August 2022.Reported Earnings • May 14First quarter 2022 earnings released: EPS: ₱2.08 (vs ₱1.03 in 1Q 2021)First quarter 2022 results: EPS: ₱2.08 (up from ₱1.03 in 1Q 2021). Revenue: ₱3.52b (up 32% from 1Q 2021). Net income: ₱887.7m (up 102% from 1Q 2021). Profit margin: 25% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Francisco Magsajo was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 26Philippine Savings Bank Approves Cash Dividend for the First Quarter of 2022, Payable on May 25, 2022The Board of Directors of Philippine Savings Bank, in its meeting held on April 25, 2022, passed a resolution declaring a 7.5% Regular Cash Dividend for the first quarter of 2022 amounting to PHP 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the Record Date of 11 May 2022 and will be paid no later than the Payment Date of 25 May 2022.Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS ₱0.89 (vs ₱0.09 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₱3.12b (up 60% from 3Q 2020). Net income: ₱381.4m (up ₱344.6m from 3Q 2020). Profit margin: 12% (up from 1.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Oct 27Upcoming dividend of ₱0.75 per shareEligible shareholders must have bought the stock before 03 November 2021. Payment date: 22 November 2021. Trailing yield: 5.2%. Within top quartile of Filipino dividend payers (4.0%). Higher than average of industry peers (1.0%).Upcoming Dividend • Jul 27Upcoming dividend of ₱0.75 per shareEligible shareholders must have bought the stock before 03 August 2021. Payment date: 23 August 2021. Trailing yield: 5.2%. Within top quartile of Filipino dividend payers (4.2%). Higher than average of industry peers (1.1%).Reported Earnings • May 12First quarter 2021 earnings released: EPS ₱1.03 (vs ₱1.59 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₱2.68b (down 11% from 1Q 2020). Net income: ₱438.5m (down 32% from 1Q 2020). Profit margin: 16% (down from 22% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 07Investor sentiment improved over the past weekAfter last week's 37% share price gain to ₱77.00, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 14x in the Mortgage industry in Asia. Total returns to shareholders of 28% over the past three years.공시 • Apr 28Philippine Savings Bank Approves Cash Dividend for the First Quarter of 2021, Payable on 26 May 2021The Board of Directors of Philippine Savings Bank, in its meeting held on 26 April 2021, passed a resolution declaring a 7.5% Regular Cash Dividend for the first quarter of 2021 amounting to PHO 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the Record Date of 11 May 2021 and will be paid no later than the Payment Date of 26 May 2021.Reported Earnings • Mar 19Full year 2020 earnings released: EPS ₱2.60 (vs ₱7.21 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ₱10.2b (down 18% from FY 2019). Net income: ₱1.11b (down 63% from FY 2019). Profit margin: 11% (down from 24% in FY 2019). Net interest margin (NIM): 7.26% (up from 5.82% in FY 2019). Cost-to-income ratio: 55.2% (down from 61.3% in FY 2019). Non-performing loans: 6.95% (up from 3.61% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.공시 • Jan 22Philippine Savings Bank, Annual General Meeting, Apr 26, 2021Philippine Savings Bank, Annual General Meeting, Apr 26, 2021, at 15:00 Singapore Standard Time.Is New 90 Day High Low • Jan 06New 90-day high: ₱54.70The company is up 6.0% from its price of ₱51.80 on 09 October 2020. The Filipino market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Mortgage industry, which is up 33% over the same period.Is New 90 Day High Low • Dec 18New 90-day high: ₱54.25The company is up 9.0% from its price of ₱49.95 on 18 September 2020. The Filipino market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Mortgage industry, which is up 39% over the same period.Is New 90 Day High Low • Dec 04New 90-day high: ₱53.55The company is up 8.0% from its price of ₱49.70 on 04 September 2020. The Filipino market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Mortgage industry, which is up 23% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS ₱0.09The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₱1.96b (down 40% from 3Q 2019). Net income: ₱36.8m (down 96% from 3Q 2019). Profit margin: 1.9% (down from 25% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 13% per year.Is New 90 Day High Low • Nov 12New 90-day high: ₱53.50The company is up 12% from its price of ₱47.70 on 14 August 2020. The Filipino market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Mortgage industry, which is up 26% over the same period.Is New 90 Day High Low • Oct 23New 90-day high: ₱52.45The company is up 10.0% from its price of ₱47.50 on 24 July 2020. The Filipino market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Mortgage industry, which is also up 10.0% over the same period.주주 수익률PSBPH BanksPH 시장7D0.09%2.0%1.1%1Y-8.5%-13.4%-3.0%전체 주주 수익률 보기수익률 대 산업: PSB은 지난 1년 동안 -13.4%의 수익을 기록한 PH Banks 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: PSB은 지난 1년 동안 -3%를 기록한 PH 시장보다 저조한 성과를 냈습니다.주가 변동성Is PSB's price volatile compared to industry and market?PSB volatilityPSB Average Weekly Movement2.0%Banks Industry Average Movement4.0%Market Average Movement5.1%10% most volatile stocks in PH Market9.6%10% least volatile stocks in PH Market2.8%안정적인 주가: PSB는 지난 3개월 동안 PH 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: PSB의 주간 변동성(2%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1959n/aJose Vicente Aldewww.psbank.com.ph필리핀 저축은행은 주로 필리핀에서 저축 및 모기지 뱅킹 활동을 하고 있습니다. 소비자 뱅킹, 기업 뱅킹, 지점 뱅킹 및 재무 부문을 통해 운영됩니다. 이 회사는 저축 및 당좌 예금 계좌와 정기 예금 상품을 제공합니다.더 보기Philippine Savings Bank 기초 지표 요약Philippine Savings Bank의 순이익과 매출은 시가총액과 어떻게 비교됩니까?PSB 기초 통계시가총액₱22.64b순이익 (TTM)₱3.24b매출 (TTM)₱13.34b7.0x주가수익비율(P/E)0.5x주가순자산비율(P/B)PSB는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표PSB 손익계산서 (TTM)매출₱13.34b매출원가₱113.64m총이익₱13.23b기타 비용₱9.99b순이익₱3.24b최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)7.58총이익률99.15%순이익률24.25%부채/자본 비율10.8%PSB의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당5.7%현재 배당 수익률40%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/07 02:40종가2026/07/07 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Philippine Savings Bank는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Buy Or Sell Opportunity • Jun 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.2% to ₱53.00. The fair value is estimated to be ₱66.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: ₱2.21 (vs ₱2.84 in 1Q 2025)First quarter 2026 results: EPS: ₱2.21 (down from ₱2.84 in 1Q 2025). Revenue: ₱3.38b (down 6.1% from 1Q 2025). Net income: ₱944.3m (down 22% from 1Q 2025). Profit margin: 28% (down from 34% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.
Board Change • May 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Teh Opinion was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • Apr 26Fourth quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 8th May 2026 Payment date: 25th May 2026 Dividend yield will be 5.3%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Apr 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.6% to ₱55.80. The fair value is estimated to be ₱70.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.1%.
Buy Or Sell Opportunity • Apr 08Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at ₱56.20. The fair value is estimated to be ₱70.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.1%.
Buy Or Sell Opportunity • Jun 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.2% to ₱53.00. The fair value is estimated to be ₱66.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: ₱2.21 (vs ₱2.84 in 1Q 2025)First quarter 2026 results: EPS: ₱2.21 (down from ₱2.84 in 1Q 2025). Revenue: ₱3.38b (down 6.1% from 1Q 2025). Net income: ₱944.3m (down 22% from 1Q 2025). Profit margin: 28% (down from 34% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.
Board Change • May 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Teh Opinion was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • Apr 26Fourth quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 8th May 2026 Payment date: 25th May 2026 Dividend yield will be 5.3%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Apr 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.6% to ₱55.80. The fair value is estimated to be ₱70.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.1%.
Buy Or Sell Opportunity • Apr 08Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at ₱56.20. The fair value is estimated to be ₱70.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.1%.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: ₱8.20 (vs ₱12.20 in FY 2024)Full year 2025 results: EPS: ₱8.20 (down from ₱12.20 in FY 2024). Revenue: ₱13.6b (down 10% from FY 2024). Net income: ₱3.50b (down 33% from FY 2024). Profit margin: 26% (down from 34% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat.
Buy Or Sell Opportunity • Mar 11Now 20% undervaluedOver the last 90 days, the stock has risen 3.7% to ₱57.00. The fair value is estimated to be ₱71.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has grown by 11%.
Buy Or Sell Opportunity • Feb 24Now 20% undervaluedOver the last 90 days, the stock has risen 3.6% to ₱56.80. The fair value is estimated to be ₱71.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has grown by 11%.
Declared Dividend • Jan 18Third quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 29th January 2026 Payment date: 16th February 2026 Dividend yield will be 5.2%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Jan 16+ 1 more updatePhilippine Savings Bank, Annual General Meeting, Apr 23, 2026Philippine Savings Bank, Annual General Meeting, Apr 23, 2026.
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: ₱1.60 (vs ₱3.37 in 3Q 2024)Third quarter 2025 results: EPS: ₱1.60 (down from ₱3.37 in 3Q 2024). Revenue: ₱3.27b (down 14% from 3Q 2024). Net income: ₱681.4m (down 53% from 3Q 2024). Profit margin: 21% (down from 38% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Nov 07Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.9% to ₱52.55. The fair value is estimated to be ₱68.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has grown by 19%.
Declared Dividend • Oct 26Second quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 7th November 2025 Payment date: 24th November 2025 Dividend yield will be 5.3%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ₱2.23 (vs ₱3.19 in 2Q 2024)Second quarter 2025 results: EPS: ₱2.23 (down from ₱3.19 in 2Q 2024). Revenue: ₱3.38b (down 6.6% from 2Q 2024). Net income: ₱953.6m (down 30% from 2Q 2024). Profit margin: 28% (down from 38% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Declared Dividend • Jul 27First quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 7th August 2025 Payment date: 26th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: ₱2.84 (vs ₱2.82 in 1Q 2024)First quarter 2025 results: EPS: ₱2.84 (up from ₱2.82 in 1Q 2024). Revenue: ₱3.60b (down 4.7% from 1Q 2024). Net income: ₱1.21b (flat on 1Q 2024). Profit margin: 34% (up from 32% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Apr 27Fourth quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 9th May 2025 Payment date: 26th May 2025 Dividend yield will be 5.1%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Apr 25Philippine Savings Bank Declares Regular Cash Dividend for the First Quarter 2025, Payable on 26 May 2025The Board of Directors of Philippine Savings Bank, in its meeting held 24 April 2025, passed a resolution declaring a 7.5% Regular Cash Dividend for the first quarter 2025 amounting to PHP 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the Record Date of 12 May 2025 and will be paid no later than the Payment Date of 26 May 2025.
Reported Earnings • Mar 18Full year 2024 earnings released: EPS: ₱12.20 (vs ₱10.62 in FY 2023)Full year 2024 results: EPS: ₱12.20 (up from ₱10.62 in FY 2023). Revenue: ₱15.1b (up 10% from FY 2023). Net income: ₱5.21b (up 15% from FY 2023). Profit margin: 35% (up from 33% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jan 19Third quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 31st January 2025 Payment date: 17th February 2025 Dividend yield will be 5.1%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Jan 17+ 2 more updatesPhilippine Savings Bank, Annual General Meeting, Apr 24, 2025Philippine Savings Bank, Annual General Meeting, Apr 24, 2025, at 15:00 W. Australia Standard Time. Location: tba, Philippines
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: ₱3.37 (vs ₱2.81 in 3Q 2023)Third quarter 2024 results: EPS: ₱3.37 (up from ₱2.81 in 3Q 2023). Revenue: ₱3.78b (up 4.9% from 3Q 2023). Net income: ₱1.44b (up 20% from 3Q 2023). Profit margin: 38% (up from 33% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Oct 20Second quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 31st October 2024 Payment date: 18th November 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Oct 18Philippine Savings Bank Announces 7.5% Regular Cash Dividend for the Third Quarter 2024, Payable on November 18, 2024The Board of Directors of Philippine Savings Bank, in its meeting held on 17 October 2024, passed a resolution declaring a 7.5% Regular Cash Dividend for the third quarter 2024 amounting to PHP 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the Record Date of 04 November 2024 and will be paid no later than the Payment Date of 18 November 2024.
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: ₱3.19 (vs ₱2.79 in 2Q 2023)Second quarter 2024 results: EPS: ₱3.19 (up from ₱2.79 in 2Q 2023). Revenue: ₱3.62b (up 4.7% from 2Q 2023). Net income: ₱1.36b (up 14% from 2Q 2023). Profit margin: 38% (up from 34% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Declared Dividend • Jul 29First quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 8th August 2024 Payment date: 27th August 2024 Dividend yield will be 5.4%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 4.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Jul 26Philippine Savings Bank Declares Regular Cash Dividend for the Second Quarter of 2024, Payable on August 27, 2024The Board of Directors of Philippine Savings Bank, in its meeting held on 25 July 2024, passed a resolution declaring a 7.5% Regular Cash Dividend for the second quarter 2024 amounting to PHP 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the Record Date of 09 August 2024 and will be paid no later than the Payment Date of 27 August 2024.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: ₱2.82 (vs ₱2.29 in 1Q 2023)First quarter 2024 results: EPS: ₱2.82 (up from ₱2.29 in 1Q 2023). Revenue: ₱3.78b (up 16% from 1Q 2023). Net income: ₱1.20b (up 23% from 1Q 2023). Profit margin: 32% (up from 30% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Board Change • May 07Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Ronald Luis Goseco was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Declared Dividend • Apr 29Fourth quarter dividend of ₱0.75 announcedDividend of ₱0.75 is the same as last year. Ex-date: 10th May 2024 Payment date: 27th May 2024 Dividend yield will be 5.5%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Apr 27Philippine Savings Bank Declares Cash Dividend for the First Quarter of 2024, Payable on May 27, 2024The Board of Directors of Philippine Savings Bank, in its meeting held on 25 April 2024, passed a resolution declaring a 7.5% regular cash dividend for the first quarter 2024 amounting to PHP 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the record date of 13 May 2024 and will be paid no later than the payment date of 27 May 2024.
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: ₱10.61 (vs ₱8.62 in FY 2022)Full year 2023 results: EPS: ₱10.61 (up from ₱8.62 in FY 2022). Revenue: ₱13.7b (flat on FY 2022). Net income: ₱4.53b (up 23% from FY 2022). Profit margin: 33% (up from 27% in FY 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공시 • Jan 31Philippine Savings Bank Announces Resignation Ma. Soledad D.S. De Leon as A Member of the Board of Directors and as A Member of the Trust Committee and the Related Party Transactions CommitteeBoard of Directors of Philippine Savings Bank, in its special meeting held on, 31 January 2024, accepted the resignation of Director Ma. Soledad D.S. De Leon as a member of the Board of Directors and as a member of the Trust Committee and the Related Party Transactions Committee. The said resignation is due to personal reasons and effective immediately.
Upcoming Dividend • Jan 25Upcoming dividend of ₱0.75 per share at 5.4% yieldEligible shareholders must have bought the stock before 01 February 2024. Payment date: 19 February 2024. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 5.4%. Lower than top quartile of Filipino dividend payers (5.6%). Higher than average of industry peers (3.3%).
공시 • Jan 19+ 1 more updatePhilippine Savings Bank, Annual General Meeting, Apr 25, 2024Philippine Savings Bank, Annual General Meeting, Apr 25, 2024, at 15:00 Singapore Standard Time.
공시 • Dec 28Philippine Savings Bank Announces Retirement of Emmanuel A. Tuazon as Senior Vice President and Marketing Group Head, Effective 1 January 2024Philippine Savings Bank announced the retirement of Senior Vice President and Marketing Group Head Emmanuel A. Tuazon effective 1 January 2024.
공시 • Dec 15Philippine Savings Bank Announces Executive ChangesIn Board meeting held on December 14, 2023, the Philippine Savings Bank's Board of Directors approved the appointment of Senior Vice President & Controller/Finance Group Head, Ms. Leah M. Zamora, concurrently as the Bank's new Corporate Secretary effective 01 January 2024. She will serve the remaining unexpired term of incumbent Senior Vice President & Corporate Secretary Mr. Perfecto Ramon Z. Dimayuga, Jr., who will be retiring by 31 December 2023. Ms. Zamora has been with the Bank for 13 years since she joined in April 2010. As the incumbent Controller and Head of the Finance Group, she oversees the Group's Financial Planning Division (FPD), Financial Accounting Services Division (FASD) and Business Intelligence Division (BID). She is also a member of the Bank's Assets and Liabilities, IT Steering, Retirement, Outsourcing and Related Party Transactions Management committees. Prior to joining the Bank, she served as Vice President for Financial Planning and Analysis of GE Money Bank Philippines (now part of BDO Unibank). She graduated BS in Accountancy from the De La Salle University (DLSU) and is a Certified Public Accountant (CPA).
Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: ₱2.81 (vs ₱2.38 in 3Q 2022)Third quarter 2023 results: EPS: ₱2.81 (up from ₱2.38 in 3Q 2022). Revenue: ₱3.60b (up 6.0% from 3Q 2022). Net income: ₱1.20b (up 18% from 3Q 2022). Profit margin: 33% (up from 30% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Oct 31Upcoming dividend of ₱0.75 per share at 5.5% yieldEligible shareholders must have bought the stock before 07 November 2023. Payment date: 20 November 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 5.5%. Lower than top quartile of Filipino dividend payers (5.6%). Higher than average of industry peers (3.3%).
공시 • Oct 20Philippine Savings Bank Approves Cash Dividend for the Third Quarter of 2023, Payable on November 20, 2023The Board of Directors of Philippine Savings Bank, in its meeting held on 19 October 2023, passed a resolution declaring regular Cash Dividend for the third quarter of 2023 amounting to PHP 0.75 per share. Payment Date is November 20, 2023 and Record Date is November 8, 2023.
공시 • Sep 22Philippine Savings Bank Announces Board ChangesPhilippine Savings Bank in its meeting held on September 21, 2023, approved the following matters as endorsed by the Bank's Corporate Governance Committee (CGC): Election of Mr. Ronald Luis S. Goseco as Independent Director, subject to the required confirmation by the Bangko Sentral ng Pilipinas with his existing interlocking positions; and, Appointment of Mr. Goseco as Chairman of the Bank's Risk Oversight Committee and Member of the Audit and Related Party Transactions Committees. Mr. Goseco will serve the remaining unexpired term and fill in the vacant committee seats left by former Independent Director Higinio O. Macadaeg, Jr.
공시 • Aug 25Philippine Savings Bank Appoints Elmer K. Mercado as the Bank's Deputy Treasurer from 01 September 2023 to 31 December 2023 and Treasurer/Treasury Group Head from 01 January 2024 to 31 August 2028Philippine Savings Bank in its meeting held on August 24, 2023, passed a resolution approving the appointment, via secondment, for a maximum period of five (5) years from 01 September 2023 to 31 August 2028, ofparent-Metrobank's First Vice President (FVP) Mr. Elmer K. Mercado as the Bank's Deputy Treasurer from 01 September 2023 to 31 December 2023 and Treasurer/Treasury Group Head from 01 January 2024 to 31 August 2028.
Reported Earnings • Aug 14Second quarter 2023 earnings released: EPS: ₱2.79 (vs ₱2.22 in 2Q 2022)Second quarter 2023 results: EPS: ₱2.79 (up from ₱2.22 in 2Q 2022). Revenue: ₱3.46b (flat on 2Q 2022). Net income: ₱1.19b (up 26% from 2Q 2022). Profit margin: 34% (up from 28% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 25Upcoming dividend of ₱0.75 per share at 5.3% yieldEligible shareholders must have bought the stock before 01 August 2023. Payment date: 22 August 2023. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 5.3%. Lower than top quartile of Filipino dividend payers (5.4%). Higher than average of industry peers (3.1%).
공시 • Jul 23Philippine Savings Bank Approves the Declaration of Cash Dividends for Second Quarter of 2023, Payable on August 22, 2023Philippine Savings Bank has approved the declaration of cash dividends for second quarter of 2023. Amount of Cash Dividend Per Share, Php 0.75, Record Date is Aug. 4, 2023, Payment Date is August 22, 2023.
공시 • Jul 18Philippine Savings Bank Announces Resignation of Higinio O. Macadaeg, Jr. as Independent DirectorPhilippine Savings Bank announced that Director Higinio O. Macadaeg, Jr. has tendered his resignation as independent director of Philippine Savings Bank due to personal reasons effective immediately. Mr. Macadaeg's resignation is not due to any disagreement with any Board policies and practices.
Board Change • Jun 07Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Rufino Luis Manotok was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 16First quarter 2023 earnings released: EPS: ₱2.29 (vs ₱2.08 in 1Q 2022)First quarter 2023 results: EPS: ₱2.29 (up from ₱2.08 in 1Q 2022). Revenue: ₱3.26b (down 7.4% from 1Q 2022). Net income: ₱976.9m (up 10% from 1Q 2022). Profit margin: 30% (up from 25% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 03Upcoming dividend of ₱0.75 per share at 5.4% yieldEligible shareholders must have bought the stock before 10 May 2023. Payment date: 29 May 2023. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 5.4%. Lower than top quartile of Filipino dividend payers (5.7%). Higher than average of industry peers (2.8%).
Reported Earnings • Mar 22Full year 2022 earnings released: EPS: ₱8.62 (vs ₱3.61 in FY 2021)Full year 2022 results: EPS: ₱8.62 (up from ₱3.61 in FY 2021). Revenue: ₱13.7b (up 13% from FY 2021). Net income: ₱3.68b (up 139% from FY 2021). Profit margin: 27% (up from 13% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jan 31Upcoming dividend of ₱0.75 per share at 5.3% yieldEligible shareholders must have bought the stock before 07 February 2023. Payment date: 27 February 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Filipino dividend payers (5.4%). Higher than average of industry peers (2.3%).
공시 • Jan 27+ 1 more updatePhilippine Savings Bank, Annual General Meeting, Apr 27, 2023Philippine Savings Bank, Annual General Meeting, Apr 27, 2023, at 15:00 China Standard Time.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ₱2.38 (vs ₱0.89 in 3Q 2021)Third quarter 2022 results: EPS: ₱2.38 (up from ₱0.89 in 3Q 2021). Revenue: ₱3.40b (up 8.9% from 3Q 2021). Net income: ₱1.02b (up 167% from 3Q 2021). Profit margin: 30% (up from 12% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Francisco Magsajo was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Oct 26Upcoming dividend of ₱0.75 per shareEligible shareholders must have bought the stock before 02 November 2022. Payment date: 21 November 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of Filipino dividend payers (5.9%). Higher than average of industry peers (2.6%).
공시 • Oct 21Philippine Savings Bank Declares Regular Cash Dividend for the Third Quarter of 2022, Payable on 21 November 2022The Board of Directors of Philippine Savings Bank, in its meeting held on 20 October 2022, passed a resolution declaring a 7.5% regular CashDividend for the third quarter of 2022 amounting to PHP 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the Record Date of 07 November 2022 and will be paid no later than the Payment Date of 21 November 2022.
공시 • Aug 26+ 1 more updatePhilippine Savings Bank Promotes Edeza A. Que to Senior Vice President, Effective September 1, 2022The Board of Directors of Philippine Savings Bank, in its meeting held on August 25, 2022, passed a resolution approving the promotion of First Vice President Edeza A. Que to Senior Vice President effective of September 1, 2022. Currently, Ms. Que is the Chief Risk and Sustainability Officer (CRSO). Under her leadership, Risk Management Office (RMO) has consistently ensured the Bank's compliance with new regulatory issuances/circulars on risk management. RMO also ensures that the Bank's credit risk taking activities are optimized and in accordance with the prevailing market conditions. With regulatory mandates on Sustainability Reporting and Sustainable Finance, Ms. Que was tasked to lead the Bank's compliance and commitment to sustainability with her designation as CRSO in 2021. Ms. Que was instrumental in developing the Bank's Sustainable Finance Framework and Environmental and Social Risk Management Policy Manual.
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ₱2.22 (vs ₱1.03 in 2Q 2021)Second quarter 2022 results: EPS: ₱2.22 (up from ₱1.03 in 2Q 2021). Revenue: ₱3.44b (up 25% from 2Q 2021). Net income: ₱948.3m (up 115% from 2Q 2021). Profit margin: 28% (up from 16% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 26Upcoming dividend of ₱0.75 per shareEligible shareholders must have bought the stock before 02 August 2022. Payment date: 22 August 2022. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of Filipino dividend payers (5.1%). Higher than average of industry peers (1.5%).
공시 • Jul 22Philippine Savings Bank Declares Regular Cash Dividend for the Second Quarter of 2022, Payable on 22 August 2022The Board of Directors of Philippine Savings Bank, in its meeting held on 21 July 2022, passed a resolution declaring a 7.5% Regular Cash Dividend for the second quarter of 2022 amounting to PHP 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the Record Date of 05 August 2022 and will be paid no later than the Payment Date of 22 August 2022.
Reported Earnings • May 14First quarter 2022 earnings released: EPS: ₱2.08 (vs ₱1.03 in 1Q 2021)First quarter 2022 results: EPS: ₱2.08 (up from ₱1.03 in 1Q 2021). Revenue: ₱3.52b (up 32% from 1Q 2021). Net income: ₱887.7m (up 102% from 1Q 2021). Profit margin: 25% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Francisco Magsajo was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 26Philippine Savings Bank Approves Cash Dividend for the First Quarter of 2022, Payable on May 25, 2022The Board of Directors of Philippine Savings Bank, in its meeting held on April 25, 2022, passed a resolution declaring a 7.5% Regular Cash Dividend for the first quarter of 2022 amounting to PHP 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the Record Date of 11 May 2022 and will be paid no later than the Payment Date of 25 May 2022.
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS ₱0.89 (vs ₱0.09 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₱3.12b (up 60% from 3Q 2020). Net income: ₱381.4m (up ₱344.6m from 3Q 2020). Profit margin: 12% (up from 1.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Oct 27Upcoming dividend of ₱0.75 per shareEligible shareholders must have bought the stock before 03 November 2021. Payment date: 22 November 2021. Trailing yield: 5.2%. Within top quartile of Filipino dividend payers (4.0%). Higher than average of industry peers (1.0%).
Upcoming Dividend • Jul 27Upcoming dividend of ₱0.75 per shareEligible shareholders must have bought the stock before 03 August 2021. Payment date: 23 August 2021. Trailing yield: 5.2%. Within top quartile of Filipino dividend payers (4.2%). Higher than average of industry peers (1.1%).
Reported Earnings • May 12First quarter 2021 earnings released: EPS ₱1.03 (vs ₱1.59 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₱2.68b (down 11% from 1Q 2020). Net income: ₱438.5m (down 32% from 1Q 2020). Profit margin: 16% (down from 22% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improved over the past weekAfter last week's 37% share price gain to ₱77.00, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 14x in the Mortgage industry in Asia. Total returns to shareholders of 28% over the past three years.
공시 • Apr 28Philippine Savings Bank Approves Cash Dividend for the First Quarter of 2021, Payable on 26 May 2021The Board of Directors of Philippine Savings Bank, in its meeting held on 26 April 2021, passed a resolution declaring a 7.5% Regular Cash Dividend for the first quarter of 2021 amounting to PHO 320.14 million equivalent to PHP 0.75 per share. This will be payable to all common stockholders as of the Record Date of 11 May 2021 and will be paid no later than the Payment Date of 26 May 2021.
Reported Earnings • Mar 19Full year 2020 earnings released: EPS ₱2.60 (vs ₱7.21 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ₱10.2b (down 18% from FY 2019). Net income: ₱1.11b (down 63% from FY 2019). Profit margin: 11% (down from 24% in FY 2019). Net interest margin (NIM): 7.26% (up from 5.82% in FY 2019). Cost-to-income ratio: 55.2% (down from 61.3% in FY 2019). Non-performing loans: 6.95% (up from 3.61% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
공시 • Jan 22Philippine Savings Bank, Annual General Meeting, Apr 26, 2021Philippine Savings Bank, Annual General Meeting, Apr 26, 2021, at 15:00 Singapore Standard Time.
Is New 90 Day High Low • Jan 06New 90-day high: ₱54.70The company is up 6.0% from its price of ₱51.80 on 09 October 2020. The Filipino market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Mortgage industry, which is up 33% over the same period.
Is New 90 Day High Low • Dec 18New 90-day high: ₱54.25The company is up 9.0% from its price of ₱49.95 on 18 September 2020. The Filipino market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Mortgage industry, which is up 39% over the same period.
Is New 90 Day High Low • Dec 04New 90-day high: ₱53.55The company is up 8.0% from its price of ₱49.70 on 04 September 2020. The Filipino market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Mortgage industry, which is up 23% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS ₱0.09The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₱1.96b (down 40% from 3Q 2019). Net income: ₱36.8m (down 96% from 3Q 2019). Profit margin: 1.9% (down from 25% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 13% per year.
Is New 90 Day High Low • Nov 12New 90-day high: ₱53.50The company is up 12% from its price of ₱47.70 on 14 August 2020. The Filipino market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Mortgage industry, which is up 26% over the same period.
Is New 90 Day High Low • Oct 23New 90-day high: ₱52.45The company is up 10.0% from its price of ₱47.50 on 24 July 2020. The Filipino market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Mortgage industry, which is also up 10.0% over the same period.
