Philippine Business Bank Management

Management criteria checks 2/4

Philippine Business Bank's CEO is Rolando Avante, appointed in Nov 2011, has a tenure of 12.42 years. directly owns 0.38% of the company’s shares, worth ₱27.08M. The average tenure of the management team and the board of directors is 4.3 years and 12 years respectively.

Key information

Rolando Avante

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	12.4yrs
CEO ownership	0.4%
Management average tenure	4.3yrs
Board average tenure	12yrs

Recent management updates

Recent updates

CEO

Rolando Avante (64 yo)

12.4yrs

Tenure

Mr. Rolando R. Avante serves as Vice Chairman at Philippine Business Bank Inc. since November 20, 2019. Mr. Avante has been the Chief Executive Officer, President and Executive Director of Philippine Busin...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rolando Avante	Vice Chairman	12.4yrs	no data	0.38% ₱ 27.1m
Cynthia Almirez	Senior VP	2.1yrs	no data	0.050% ₱ 3.6m
Rolando Alvendia	VP, Chief Accountant & Head of General Accounting Center	no data	no data	0.037% ₱ 2.6m
Katherine Pura	Corporate Information Officer	no data	no data	no data
John David Sison	First VP	no data	no data	no data
Roberto Santos	VP, Corporate Secretary & Head of Legal Services Group	no data	no data	0.0018% ₱ 130.4k
Sergio Ceniza	First VP	2.8yrs	no data	no data
Judith Songlingco	Senior AVP & Head of Corporate Communications and Corporate Affairs Unit	no data	no data	0.00024% ₱ 17.1k
Nancy Soriano	Group Head of Human Resource Group & Senior Assistant Vice President	less than a year	no data	no data
Laurence Rapanut	Senior Assistant VP	5.9yrs	no data	0.0030% ₱ 212.3k
Miami Torres	First VP & Head of the Credit Management Group	no data	no data	0.00092% ₱ 65.5k
Eduardo Que	First VP & Group Head of Corporate Banking	6.9yrs	no data	no data

4.3yrs

Average Tenure

58yo

Average Age

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Rolando Avante	Vice Chairman	12.4yrs	no data	0.38% ₱ 27.1m
Asterio Favis	Independent Director	3.3yrs	₱450.00k	0.000010% ₱ 712.3
Alfredo Yao	Chairman Emeritus	27.2yrs	no data	36.11% ₱ 2.6b
Roberto Atendido	Non Executive Director	12.3yrs	₱960.00k	0.013% ₱ 946.0k
Honorio Reyes-Lao	Non Executive Director	14yrs	₱900.00k	0.031% ₱ 2.2m
Leticia Yao	Non-Executive Director	15.3yrs	₱660.00k	0.58% ₱ 41.7m
Benjamin Sta. Catalina	Director	11.8yrs	₱960.00k	0.0069% ₱ 490.1k
Jeffrey Yao	Chairman	25.3yrs	₱7.20m	1.01% ₱ 72.2m
Roberto Uyquiengco	Independent Director	5.9yrs	₱960.00k	0.00012% ₱ 8.5k
Narciso De Erana	Independent Director	5.9yrs	₱960.00k	0.000010% ₱ 712.3
Benel Lagua	Independent Director	3.3yrs	₱450.00k	0.00062% ₱ 44.2k
Diosdado Peralta	Independent Director	2.3yrs	no data	0.0077% ₱ 549.2k

12.0yrs

Average Tenure

70.5yo

Average Age

Experienced Board: PBB's board of directors are seasoned and experienced ( 12 years average tenure).

Philippine Business Bank Management

Management criteria checks 2/4

Key information

Recent management updates

Philippine Business Bank, Inc., Annual General Meeting, May 31, 2024

Insider recently sold ₱69k worth of stock

Vice Chairman recently bought ₱989k worth of stock

Insider recently bought ₱278k worth of stock

Philippine Business Bank, Inc. Announces Promotion of Ms. Nancy L. Soriano from Assistant Vice President to Senior Assistant Vice President

Insider recently bought ₱485k worth of stock

Recent updates

Philippine Business Bank, Inc., Annual General Meeting, May 31, 2024

Full year 2023 earnings released: EPS: ₱2.23 (vs ₱1.85 in FY 2022)

Insider recently sold ₱69k worth of stock

Vice Chairman recently bought ₱989k worth of stock

Insider recently bought ₱278k worth of stock

Philippine Business Bank, Inc. Announces Promotion of Ms. Nancy L. Soriano from Assistant Vice President to Senior Assistant Vice President

Insider recently bought ₱485k worth of stock

Third quarter 2023 earnings released: EPS: ₱0.15 (vs ₱0.48 in 3Q 2022)

Now 24% undervalued after recent price drop

Vice Chairman recently bought ₱355k worth of stock

Vice Chairman recently bought ₱220k worth of stock

Vice Chairman recently bought ₱356k worth of stock

Second quarter 2023 earnings released: EPS: ₱0.42 (vs ₱0.29 in 2Q 2022)

Philippine Business Bank, Inc. Announces Management Changes

Philippine Business Bank, Inc. Approves Cash Dividends, Payable on August 15, 2023

Philippine Business Bank, Inc. Announces Executive Changes

Vice Chairman recently bought ₱543k worth of stock

Philippine Business Bank, Inc. Approves the Revision of its Dividend Policy

Vice Chairman recently bought ₱256k worth of stock

Independent Director recently bought ₱497k worth of stock

Full year 2022 earnings released: EPS: ₱1.85 (vs ₱1.82 in FY 2021)

Now 20% undervalued after recent price drop

Vice Chairman recently bought ₱1.8m worth of stock

Vice Chairman recently bought ₱973k worth of stock

Philippine Business Bank, Inc. has completed a Follow-on Equity Offering in the amount of PHP 1.25 billion.

Senior VP recently bought ₱726k worth of stock

Senior VP recently bought ₱228k worth of stock

Senior VP recently bought ₱959k worth of stock

Philippine Business Bank, Inc. Appoints Cynthia A. Almirez as Chief Operations Officer

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ₱0.33 (vs ₱0.43 in 3Q 2021)

Philippine Business Bank, Inc. Announces Executive Changes

Vice Chairman recently bought ₱403k worth of stock

Philippine Business Bank, Inc. Announces Executive Changes

Philippine Business Bank Announces Executive Changes

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: ₱0.30 (vs ₱0.57 in 2Q 2021)

Vice Chairman recently bought ₱650k worth of stock

Philippine Business Bank, Inc. Announces Board Changes

Vice Chairman recently bought ₱330k worth of stock

Philippine Business Bank, Inc. Approves Appointment of Marily M. Cabuco as Senior Vice President

Vice Chairman recently bought ₱340k worth of stock

Vice Chairman recently bought ₱360k worth of stock

Full year 2021 earnings released: EPS: ₱1.80 (vs ₱1.46 in FY 2020)

Less than half of directors are independent

Philippine Business Bank, Inc. Announces Management Changes, Effective March 1, 2022

Investor sentiment improved over the past week

Vice Chairman recently bought ₱481k worth of stock

Vice Chairman recently bought ₱183k worth of stock

Third quarter 2021 earnings released: EPS ₱0.44 (vs ₱0.78 in 3Q 2020)

Second quarter 2021 earnings released: EPS ₱0.57 (vs ₱0.62 in 2Q 2020)

Vice Chairman recently bought ₱326k worth of stock

Senior VP, Chief Risk Officer & Head of Enterprise Risk Management Group has left the company

First quarter 2021 earnings released: EPS ₱0.25 (vs ₱0.61 in 1Q 2020)

VP & Chief Compliance Officer has left the company

Independent Director has left the company

Full year 2020 earnings released: EPS ₱1.46 (vs ₱1.64 in FY 2019)

Senior EVP, Chief Marketing Officer & Head of Retail Banking Group has left the company

Philippine Business Bank, Inc. Announces Executive Changes

First VP, Chief Compliance Officer & Head of Compliance Center has left the company

Philippine Business Bank, Inc. Announces Executive Changes

Vice Chairman recently bought ₱983k worth of stock

Investor sentiment improved over the past week

New 90-day high: ₱10.04

New 90-day high: ₱9.92

New 90-day low - ₱7.88

Earnings released

CEO

Tenure