Philippine Savings Bank Management

Management criteria checks 2/4

Philippine Savings Bank's CEO is Jose Vicente Alde, appointed in Apr 2018, has a tenure of 6.58 years. directly owns 0% of the company’s shares, worth ₱7.75K. The average tenure of the management team and the board of directors is 7.2 years and 4.6 years respectively.

Key information

Jose Vicente Alde

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	6.6yrs
CEO ownership	0.00003%
Management average tenure	7.2yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

CEO

Jose Vicente Alde (58 yo)

6.6yrs

Tenure

Mr. Jose Vicente Limcaoco Alde is Director of Metropolitan Bank & Trust Company from April 27, 2022. He joined the Metropolitan Bank & Trust Company in April 2022. He has been President of Philippine Savin...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jose Vicente Alde	President & Executive Director	6.6yrs	no data	0.000030% ₱ 7.7k
Leah Zamora	Senior VP	7.8yrs	no data	no data
Noel Ang	VP & Head of Financial Accounting Services Division	no data	no data	no data
Gilbert Nunag	First VP	no data	no data	no data
Mary Jane Valero	Senior VP and Head of Customer Experience & Human Resources Group	5.2yrs	no data	no data
Noli Sta. Gomez	Executive VP & Head of Office of the Executive VP	5.1yrs	no data	no data
Edeza Que	Senior VP and Chief Risk & Sustainability Officer	no data	no data	no data
Neil Estrellado	Senior VP & Head of IT Group	22.8yrs	no data	no data
Emma Co	VP, Chief Audit Executive & Head of Internal Audit Group	no data	no data	no data
Andre Manuel Abellanosa	VP and Head of Asset & Liability Management Division	no data	no data	no data
Dan Jose Duplito	Senior VP & Chief Information Security Officer	no data	no data	no data
Francis Llanera	Senior VP & Head of Branch Banking Group	16.9yrs	no data	no data

7.2yrs

Average Tenure

52yo

Average Age

Experienced Management: PSB's management team is seasoned and experienced (7.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jose Vicente Alde	President & Executive Director	8.6yrs	no data	0.000030% ₱ 7.7k
Rufino Luis Manotok	Independent Director	1.6yrs	no data	0.000020% ₱ 5.2k
Arthur Ty	Vice Chairman	23.3yrs	no data	0.000030% ₱ 7.7k
Ronald Luis Goseco	Independent Director	1.2yrs	no data	0.000020% ₱ 5.2k
Eduardo Sahagun	Independent Director	7.6yrs	no data	0.000030% ₱ 7.7k
Vicente Cuna	Chairman of the Board	11.6yrs	no data	0.000030% ₱ 7.7k
Ferlou Evangelista	Director	less than a year	no data	0.000020% ₱ 5.2k
Frances Gail Male	Director	less than a year	no data	0.000020% ₱ 5.2k

4.6yrs

Average Tenure

62.5yo

Average Age

Experienced Board: PSB's board of directors are considered experienced (4.6 years average tenure).

Philippine Savings Bank Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Philippine 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 Committee

Philippine Savings Bank, Annual General Meeting, Apr 25, 2024

Philippine Savings Bank Announces Retirement of Emmanuel A. Tuazon as Senior Vice President and Marketing Group Head, Effective 1 January 2024

Philippine Savings Bank Announces Executive Changes

Philippine Savings Bank Announces Board Changes

Recent updates

Second quarter dividend of ₱0.75 announced

Philippine Savings Bank Announces 7.5% Regular Cash Dividend for the Third Quarter 2024, Payable on November 18, 2024

Second quarter 2024 earnings released: EPS: ₱3.19 (vs ₱2.79 in 2Q 2023)

First quarter dividend of ₱0.75 announced

Philippine Savings Bank Declares Regular Cash Dividend for the Second Quarter of 2024, Payable on August 27, 2024

First quarter 2024 earnings released: EPS: ₱2.82 (vs ₱2.29 in 1Q 2023)

Less than half of directors are independent

Fourth quarter dividend of ₱0.75 announced

Philippine Savings Bank Declares Cash Dividend for the First Quarter of 2024, Payable on May 27, 2024

Full year 2023 earnings released: EPS: ₱10.61 (vs ₱8.62 in FY 2022)

Philippine 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 Committee

Upcoming dividend of ₱0.75 per share at 5.4% yield

Philippine Savings Bank, Annual General Meeting, Apr 25, 2024

Philippine Savings Bank Announces Retirement of Emmanuel A. Tuazon as Senior Vice President and Marketing Group Head, Effective 1 January 2024

Philippine Savings Bank Announces Executive Changes

Third quarter 2023 earnings released: EPS: ₱2.81 (vs ₱2.38 in 3Q 2022)

Upcoming dividend of ₱0.75 per share at 5.5% yield

Philippine Savings Bank Approves Cash Dividend for the Third Quarter of 2023, Payable on November 20, 2023

Philippine Savings Bank Announces Board Changes

Philippine 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 2028

Second quarter 2023 earnings released: EPS: ₱2.79 (vs ₱2.22 in 2Q 2022)

Upcoming dividend of ₱0.75 per share at 5.3% yield

Philippine Savings Bank Approves the Declaration of Cash Dividends for Second Quarter of 2023, Payable on August 22, 2023

Philippine Savings Bank Announces Resignation of Higinio O. Macadaeg, Jr. as Independent Director

Less than half of directors are independent

First quarter 2023 earnings released: EPS: ₱2.29 (vs ₱2.08 in 1Q 2022)

Upcoming dividend of ₱0.75 per share at 5.4% yield

Full year 2022 earnings released: EPS: ₱8.62 (vs ₱3.61 in FY 2021)

Upcoming dividend of ₱0.75 per share at 5.3% yield

Philippine Savings Bank, Annual General Meeting, Apr 27, 2023

Third quarter 2022 earnings released: EPS: ₱2.38 (vs ₱0.89 in 3Q 2021)

Less than half of directors are independent

Upcoming dividend of ₱0.75 per share

Philippine Savings Bank Declares Regular Cash Dividend for the Third Quarter of 2022, Payable on 21 November 2022

Philippine Savings Bank Promotes Edeza A. Que to Senior Vice President, Effective September 1, 2022

Second quarter 2022 earnings released: EPS: ₱2.22 (vs ₱1.03 in 2Q 2021)

Upcoming dividend of ₱0.75 per share

Philippine Savings Bank Declares Regular Cash Dividend for the Second Quarter of 2022, Payable on 22 August 2022

First quarter 2022 earnings released: EPS: ₱2.08 (vs ₱1.03 in 1Q 2021)

Less than half of directors are independent

Philippine Savings Bank Approves Cash Dividend for the First Quarter of 2022, Payable on May 25, 2022

Third quarter 2021 earnings released: EPS ₱0.89 (vs ₱0.09 in 3Q 2020)

Upcoming dividend of ₱0.75 per share

Upcoming dividend of ₱0.75 per share

First quarter 2021 earnings released: EPS ₱1.03 (vs ₱1.59 in 1Q 2020)

Investor sentiment improved over the past week

Philippine Savings Bank Approves Cash Dividend for the First Quarter of 2021, Payable on 26 May 2021

Full year 2020 earnings released: EPS ₱2.60 (vs ₱7.21 in FY 2019)

Philippine Savings Bank, Annual General Meeting, Apr 26, 2021

New 90-day high: ₱54.70

New 90-day high: ₱54.25

New 90-day high: ₱53.55

Third quarter 2020 earnings released: EPS ₱0.09

New 90-day high: ₱53.50

New 90-day high: ₱52.45

New 90-day high - ₱49.80

First half earnings released

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age