Bank of the Philippine Islands Management

Management criteria checks 2/4

Bank of the Philippine Islands' CEO is TG Limcaoco, appointed in Apr 2021, has a tenure of 3.08 years. directly owns 0.006% of the company’s shares, worth ₱39.44M. The average tenure of the management team and the board of directors is 4.3 years and 4.3 years respectively.

Key information

TG Limcaoco

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.1yrs
CEO ownership	0.006%
Management average tenure	4.3yrs
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO

TG Limcaoco (61 yo)

3.1yrs

Tenure

Mr. Jose Teodoro Katigbak Limcaoco, also known as TG, serves as Senior Managing Director at Ayala Corporation. He serves as the Director at Bank of the Philippine Islands (Europe) Plc since June 28, 2021....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jose Teodoro Limcaoco	President	3.1yrs	no data	0.0060% ₱ 39.4m
Eric Roberto Luchangco	CFO & Chief Sustainability Officer	no data	no data	0.0037% ₱ 24.1m
Alexender Seminiano	Senior VP and CTO	no data	no data	no data
Sheryl Ngo Sy	Senior VP & Information officer	no data	no data	no data
Maria Ramona Ang	Investor Relations Officer	no data	no data	no data
Maria Paz Garcia	Chief Compliance officer & Senior VP	no data	no data	0.00073% ₱ 4.8m
Maria Lourdes Gatmaytan	Senior VP	1.9yrs	no data	0.00061% ₱ 4.0m
Mary Catherine Elizabeth Santamaria	Senior VP and Chief Customer & Marketing Officer	no data	no data	0.0028% ₱ 18.7m
Maria Virginia Eala	Chief Human Resources Officer & Senior VP	no data	no data	0.0058% ₱ 38.3m
Marie Josephine Ocampo	Executive VP & Head of Mass Retail Products	9.3yrs	no data	0.0053% ₱ 34.8m
Maria Theresa Dela Marcial-Javier	Executive VP & President & CEO of BPI Wealth - A Trust Corporation	9.3yrs	no data	0.0062% ₱ 40.9m
Rinaldo Fernandez	Senior Vice President of Global Markets	4.3yrs	no data	0.00074% ₱ 4.9m

4.3yrs

Average Tenure

55yo

Average Age

Experienced Management: BPI's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jose Teodoro Limcaoco	President	5.3yrs	no data	0.0060% ₱ 39.4m
Octavio Victor Espiritu	Non-Executive Director	24.1yrs	no data	0.020% ₱ 133.3m
Fernando Miranda de Ayala	Director	less than a year	no data	0.0018% ₱ 12.0m
Jaime Augusto-Miranda de Ayala	Chairman of the Board	34.2yrs	no data	0.00020% ₱ 1.3m
Mercedita Nolledo	Member of Advisory Council	3yrs	no data	no data
Aurelio Luis Montinola	Non-Executive Director	20.3yrs	no data	0.037% ₱ 244.9m
Cezar Juan Consing	Vice Chairman of Board	14.1yrs	no data	0.058% ₱ 383.5m
Mario Antonio Paner	Independent Director	less than a year	no data	0.0052% ₱ 34.0m
Cesar A. Velasquez Purisima	Independent Director	3.3yrs	no data	0% ₱ 0
Rizalina Mantaring	Lead Independent Director	1.1yrs	no data	0.00012% ₱ 790.1k
Emmanuel de Dios	Independent Director	2.1yrs	no data	0% ₱ 0
Maria Dolores Yuvienco	Independent Director	10.1yrs	no data	0.00012% ₱ 790.1k

4.3yrs

Average Tenure

64yo

Average Age

Experienced Board: BPI's board of directors are considered experienced (4.3 years average tenure).

Bank of the Philippine Islands Management

Management criteria checks 2/4

Key information

Recent management updates

Bank of the Philippine Islands Announces Board Changes

Insider recently sold ₱2.8m worth of stock

Insider recently sold ₱1.2m worth of stock

Insider recently sold ₱812k worth of stock

Insider recently sold ₱2.7m worth of stock

Insider recently bought ₱5.2m worth of stock

Recent updates

Dividend increased to ₱1.98

Bank of the Philippine Islands Approves Cash Dividend, Payable on June 28, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Bank of the Philippine Islands Announces Board Changes

Now 20% overvalued after recent price rise

GoTyme Financial Pte. Ltd. and Giga Investment Holdings, Pte. Ltd. agreed to acquire 15% stake in GoTyme Bank Corporation from Bank of the Philippine Islands (PSE:BPI) for PHP 900 million.

Now 20% overvalued after recent price rise

Full year 2023 earnings: EPS exceeds analyst expectations

Insider recently sold ₱2.8m worth of stock

Insider recently sold ₱1.2m worth of stock

Insider recently sold ₱812k worth of stock

Full year 2023 earnings released: EPS: ₱10.45 (vs ₱8.05 in FY 2022)

Now 20% overvalued after recent price rise

Insider recently sold ₱2.7m worth of stock

Insider recently bought ₱5.2m worth of stock

Bank of the Philippine Islands (PSE:BPI) completed the acquisition of Robinsons Bank Corporation from JG Summit Capital Services Corporation and Robinsons Retail Holdings, Inc. (PSE:RRHI), Ignacio Mamaril, Jr., Vicente Pang and other minority shareholders.

New minor risk - Shareholder dilution

Bank of the Philippine Islands, Annual General Meeting, Apr 23, 2024

Insider recently sold ₱2.1m worth of stock

New minor risk - Insider selling

Upcoming dividend of ₱1.68 per share at 3.2% yield

Bank of the Philippine Islands Approves Cash Dividend, Payable on December 22, 2023

Third quarter 2023 earnings released: EPS: ₱2.72 (vs ₱2.05 in 3Q 2022)

Lead Independent Director recently sold ₱15m worth of stock

Bank of the Philippine Islands Announces Board Changes

Bank of the Philippine Islands Announces Resignation of Romeo L. Bernardo as Director, effective 12 September 2023

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

Insider recently sold ₱556k worth of stock

Insider recently sold ₱580k worth of stock

Insider recently bought ₱1.8m worth of stock

Bank of the Philippine Islands Approves the Appointment of Karl Kendrick T. Chua as an Additional Member of the Retirement/Pension Committee

Insider recently sold ₱319k worth of stock

First quarter 2023 earnings released: EPS: ₱2.68 (vs ₱1.62 in 1Q 2022)

Insider recently sold ₱272k worth of stock

Insider recently sold ₱544k worth of stock

Full year 2022 earnings released: EPS: ₱8.78 (vs ₱5.29 in FY 2021)

Insider recently sold ₱105k worth of stock

Bank of the Philippine Islands Announces Executive Changes

Consensus EPS estimates increase by 12%

Insider recently sold ₱1.1m worth of stock

Insider recently sold ₱1.1m worth of stock

Insider recently sold ₱586k worth of stock

Insider recently sold ₱344k worth of stock

Bank of the Philippine Islands, Annual General Meeting, Apr 27, 2023

Non-Executive Director recently sold ₱12m worth of stock

Insider recently sold ₱216k worth of stock

Bank of the Philippine Islands Declares Cash Dividend for the Second Semester of 2022, Payable on December 23, 2022

Third quarter 2022 earnings released: EPS: ₱2.24 (vs ₱1.25 in 3Q 2021)

Consensus forecasts updated

Insider recently bought ₱240k worth of stock

Bank of the Philippine Islands Announces Executive Changes

Bank of the Philippine Islands Announces Resignation of Fernando Zobel De Ayala as Director

Insider recently sold ₱175k worth of stock

Insider recently bought ₱765k worth of stock

Bank of the Philippine Islands Announces Board Changes

Bank of the Philippine Islands Announces Board Changes

Insider recently sold ₱193k worth of stock

Insider recently bought ₱86k worth of stock

Bank of the Philippine Islands Announces Executive Changes, Effective June 15, 2022

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Insider recently bought ₱90k worth of stock

Insider recently sold ₱150k worth of stock

Insider recently bought ₱144k worth of stock

Insider recently bought ₱144k worth of stock

Insider recently bought ₱187k worth of stock

Insider recently sold ₱142k worth of stock

Insider recently sold ₱171k worth of stock

Non-Executive Director recently sold ₱11m worth of stock

Insider recently sold ₱92k worth of stock