BDO Unibank Management

Management criteria checks 4/4

BDO Unibank's CEO is Nestor Tan, appointed in Jul 1998, has a tenure of 26.5 years. directly owns 0.52% of the company’s shares, worth ₱3.93B. The average tenure of the management team and the board of directors is 7.5 years and 9.4 years respectively.

Key information

Nestor Tan

Chief executive officer

₱3.0m

Total compensation

CEO salary percentage	n/a
CEO tenure	26.5yrs
CEO ownership	0.5%
Management average tenure	7.5yrs
Board average tenure	9.4yrs

Recent management updates

Recent updates

CEO

Nestor Tan (66 yo)

26.5yrs

Tenure

₱2,999,333

Compensation

Mr. Nestor V. Tan is the President and Chief Executive Officer of BDO Unibank, Inc. and has been its Executive Director since June 27, 1998. He serves as President at BDO Trust & Investments Group. He serv...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nestor Tan	President	26.5yrs	₱3.00m	0.52% ₱ 3.9b
Josefina Tan	Non-Executive Director	no data	₱6.06m	0.020% ₱ 153.7m
Elmer Serrano	Corporate Information Officer	no data	no data	no data
Luis Reyes	Executive VP and Head of Investor Relations & Corporate Planning	no data	no data	0.022% ₱ 166.0m
Federico Tancongco	Senior VP	7.5yrs	no data	0.00071% ₱ 5.4m
Evelyn Salagubang	Group Head for Human Resources (HR) & Senior VP	13.5yrs	no data	0.0045% ₱ 34.2m
Evelyn Villanueva	Executive VP	no data	no data	0.024% ₱ 183.3m
Rolando Tanchanco	Senior EVP & Head of Consumer Banking Group	no data	no data	0.016% ₱ 118.8m
Maria Corazon Mallillin	Executive VP & Head of Branch Banking Group	no data	no data	0.0034% ₱ 25.6m
Lazaro Jerome Guevarra	Executive VP	3.7yrs	no data	0.0025% ₱ 19.1m
Charles Rodriguez	Executive VP & Group Head of Institutional Banking Group	1.3yrs	no data	no data
Jaime Nasol	Head of Cash Management & Electronic Banking Services and Senior VP	no data	no data	0.0016% ₱ 12.2m

7.5yrs

Average Tenure

61yo

Average Age

Experienced Management: BDO's management team is seasoned and experienced (7.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nestor Tan	President	26.6yrs	₱3.00m	0.52% ₱ 3.9b
Josefina Tan	Non-Executive Director	17.5yrs	₱6.06m	0.020% ₱ 153.7m
Vicente Perez	Independent Director	5.8yrs	₱6.28m	0.00095% ₱ 7.2m
Corazon de la Paz-Bernardo	Advisor to the Board	9.8yrs	no data	no data
Teresita Sy-Coson	Chairman of the Board	48yrs	₱11.79m	0.012% ₱ 92.5m
Jose Sio	Advisor to the Board	17.5yrs	no data	no data
Christopher Bell-Knight	Advisor to the Board	2.5yrs	₱3.31m	no data
Jones Castro	Non-Executive Director	12.8yrs	₱6.56m	0.00096% ₱ 7.3m
Dioscoro-Roy Ramos	Lead Independent Director	9yrs	₱6.57m	0.0056% ₱ 42.6m
George Barcelon	Independent Director	5.8yrs	₱6.25m	0.0065% ₱ 49.3m
Vipul Bhagat	Independent Director	3yrs	₱6.36m	0% ₱ 0
Estela Perlas-Bernabe	Independent Director	2.5yrs	₱6.35m	0.00028% ₱ 2.1m

9.4yrs

Average Tenure

73.5yo

Average Age

Experienced Board: BDO's board of directors are considered experienced (9.4 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 17:41
End of Day Share Price	2025/01/02 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

BDO Unibank, Inc. is covered by 27 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Joahnna Soriano	BofA Global Research
Eunice Dolatre	CGS International
Paola Lopez	CGS International

BDO Unibank Management

Management criteria checks 4/4

Key information

Recent management updates

Insider recently bought ₱4.4m worth of stock

BDO Unibank, Inc. Announces Board and Committee Changes

Insider recently sold ₱1.1m worth of stock

Insider recently sold ₱1.6m worth of stock

BDO Unibank, Inc. Announces Retirement of Rhodora Montinola Lugay as Senior Vice President and Department Head of Central Operations Group/Transaction Services

Insider recently bought ₱1.6m worth of stock

Recent updates

Insider recently bought ₱4.4m worth of stock

BDO Unibank, Inc. Announces Board and Committee Changes

Third quarter dividend of ₱1.00 announced

Bdo Unibank, Inc. Declaration of Regular Cash Dividends for the Fourth Quarter of 2024, Payable on December 27, 2024

Insider recently sold ₱1.1m worth of stock

Insider recently sold ₱1.6m worth of stock

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

BDO Unibank, Inc. Announces Retirement of Rhodora Montinola Lugay as Senior Vice President and Department Head of Central Operations Group/Transaction Services

Insider recently bought ₱1.6m worth of stock

Insider recently bought ₱1.6m worth of stock

Insider recently sold ₱24m worth of stock

BDO Unibank, Inc. Announces Management Changes

Second quarter dividend of ₱1.00 announced

Insider recently bought ₱2.2m worth of stock

Insider recently sold ₱7.5m worth of stock

Senior VP recently bought ₱1.5m worth of stock

Insider recently bought ₱1.4m worth of stock

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

President recently bought ₱106m worth of stock

BDO Unibank, Inc. Announces Resignation of Walter C. Wassmer as Non-Executive Director, Effective July 16, 2024

Insider recently bought ₱11m worth of stock

Insider recently sold ₱1.3m worth of stock

Insider recently sold ₱1.4m worth of stock

Insider recently bought ₱1.3m worth of stock

President recently bought ₱1.1b worth of stock

First quarter dividend increased to ₱1.00

BDO Unibank, Inc. Approves Regular Cash Dividend on Common Shares for the Second Quarter of 2024, Payable on June 28, 2024

Insider recently bought ₱1.4m worth of stock

Independent Director recently bought ₱2.0m worth of stock

President recently sold ₱12m worth of stock

Insider recently bought ₱757k worth of stock

First quarter 2024 earnings: EPS misses analyst expectations

BDO Unibank, Inc. Increases Regular Cash Dividend

Insider recently sold ₱1.6m worth of stock

Insider recently sold ₱1.9m worth of stock

Insider recently sold ₱4.0m worth of stock

Lead Independent Director recently bought ₱2.4m worth of stock

Upcoming dividend of ₱0.75 per share

Fourth quarter dividend of ₱0.75 announced

Full year 2023 earnings released: EPS: ₱13.86 (vs ₱10.77 in FY 2022)

Insider recently sold ₱7.6m worth of stock

Insider recently sold ₱9.4m worth of stock

President recently sold ₱3.0m worth of stock

Now 20% overvalued after recent price rise

BDO Unibank, Inc., Annual General Meeting, Apr 19, 2024

Independent Director recently bought ₱2.5m worth of stock

Independent Director recently bought ₱2.5m worth of stock

Upcoming dividend of ₱0.75 per share at 2.4% yield

BDO Unibank, Inc. Announces Retirement of Mr. Ramon Soliven David, Senior Vice President and Region Head of Branch Banking Group, Effective January 1, 2024

Insider recently sold ₱2.6m worth of stock

Insider recently bought ₱3.5m worth of stock

Insider recently bought ₱3.1m worth of stock

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

BDO Unibank, Inc. Announces Management Appointments

Insider recently sold ₱5.0m worth of stock

Upcoming dividend of ₱0.75 per share at 2.1% yield

BDO Unibank, Inc. Announces Executive Changes

Insider recently sold ₱1.3m worth of stock

Insider recently sold ₱6.0m worth of stock

Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

BDO Unibank, Inc. Announces Executive Changes, Effective September 15, 2023

Insider recently sold ₱2.9m worth of stock

Insider recently sold ₱3.0m worth of stock

BDO Unibank, Inc. Announces Demise of Jesus A. Jacinto, Jr., Director and Vice Chairman

Insider recently sold ₱991k worth of stock

New minor risk - Insider selling

Vice Chairman of the Board recently bought ₱36m worth of stock

BDO Unibank, Inc. Announces Executive Resignations

Insider recently sold ₱609k worth of stock