First Philippine Holdings Management

Management criteria checks 2/4

First Philippine Holdings' CEO is Federico Lopez, appointed in May 2010, has a tenure of 14.58 years. directly owns 1.1% of the company’s shares, worth ₱305.73M. The average tenure of the management team and the board of directors is 9.2 years and 6.8 years respectively.

Key information

Federico Lopez

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	14.6yrs
CEO ownership	1.1%
Management average tenure	9.2yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO

Federico Lopez (63 yo)

14.6yrs

Tenure

Mr. Federico Rufino Lopez serves as Chief Executive Officer at Lopez Holdings Corporation since 2020. He has been the Chief Executive Officer and Chairman of First Philippine Holdings Corporation since May...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Federico Lopez	Chairman & CEO	14.6yrs	no data	1.1% ₱ 305.7m
Francis Giles Puno	President	9.2yrs	no data	0.65% ₱ 181.8m
Emmanuel Antonio Singson	Executive VP	9.2yrs	no data	0% ₱ 0
Karen Chung	VP, Head of Finance & Investor Relations Officer	1.9yrs	no data	no data
Rachel Hernandez	VP, Assistant Corporate Secretary & Compliance Officer	1.3yrs	no data	no data
Victor Emmanuel Santos	Executive Vice President	1.3yrs	no data	no data
Anthony Mabasa	Senior Vice President	13.3yrs	no data	0.080% ₱ 22.1m
Anthony Fernandez	Senior Vice President	1.9yrs	no data	0.056% ₱ 15.7m
Renato Castillo	Senior VP & Chief Risk Officer	9.3yrs	no data	no data
Joaquin Quintos	Senior Vice President	9.3yrs	no data	0.00011% ₱ 30.5k
Shirley Cruz	VP & Chief of Staff for Office of the Chairman	9.3yrs	no data	0.0011% ₱ 299.8k
Jose Valentin Pantangco	Senior VP & Head of Corporate Planning	8.2yrs	no data	no data

9.2yrs

Average Tenure

59.5yo

Average Age

Experienced Management: FPH's management team is seasoned and experienced (9.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Federico Lopez	Chairman & CEO	18.8yrs	no data	1.1% ₱ 305.7m
Francis Giles Puno	President	13.8yrs	no data	0.65% ₱ 181.8m
Emmanuel Antonio Singson	Executive VP	3.6yrs	no data	0% ₱ 0
Stephen Anthony Cuunjieng	Independent Director	6.8yrs	no data	0% ₱ 0
Richard Tantoco	Non-Executive Director	6.8yrs	no data	0.092% ₱ 25.4m
Jaime Ayala	Independent Director	3.6yrs	no data	0% ₱ 0
Benjamin Ernesto Lopez	Senior VP & Vice Chairman	1.8yrs	no data	0.22% ₱ 60.6m
Jonathan Russell	Senior Board Adviser	no data	no data	no data
Rizalina Mantaring	Lead Independent Director	8.6yrs	no data	0% ₱ 0
Cirilo Noel	Independent Director	3.6yrs	no data	0% ₱ 0
Miguel Ernesto Lopez	Non-Executive Director	4.2yrs	no data	0.00075% ₱ 208.2k
Mario Bautista	Senior Board Adviser	9.6yrs	no data	no data

6.8yrs

Average Tenure

61yo

Average Age

Experienced Board: FPH's board of directors are considered experienced (6.8 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 14:13
End of Day Share Price	2024/12/23 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

First Philippine Holdings Corporation is covered by 6 analysts. 0 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
Raf Mercado	CLSA
George Ching	COL Financial Group, Inc
Iza Fernandez	Deutsche Bank

First Philippine Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

Senior Vice President recently sold ₱720k worth of stock

First Philippine Holdings Corporation Announces Resignation of Anita Bumpus Quitain from the Board of Directors

First Philippine Holdings Corporation, Annual General Meeting, May 31, 2024

First Philippine Holdings Corporation Announces Resignation of Victor Emmanuel B. Santos as Compliance Officer

First Philippine Holdings Corporation Announces Stepping Down of Richard B. Tantoco as Executive Vice President, Effective July 1, 2023

First Philippine Holdings Corporation Announces Promotions

Recent updates

Senior Vice President recently sold ₱720k worth of stock

Third quarter 2024 earnings released: EPS: ₱6.92 (vs ₱9.75 in 3Q 2023)

First half dividend of ₱1.10 announced

First Philippine Holdings Corporation Declares Cash Dividends on Common Shares, Payable on December 18, 2024

Second quarter 2024 earnings released: EPS: ₱8.62 (vs ₱8.12 in 2Q 2023)

First quarter 2024 earnings released: EPS: ₱8.92 (vs ₱9.19 in 1Q 2023)

Final dividend of ₱1.10 announced

First Philippine Holdings Corporation Declares Cash Dividends on Common Shares, Payable on June 17, 2024

First Philippine Holdings Corporation Announces Resignation of Anita Bumpus Quitain from the Board of Directors

Full year 2023 earnings released: EPS: ₱32.22 (vs ₱26.20 in FY 2022)

First Philippine Holdings Corporation, Annual General Meeting, May 31, 2024

Upcoming dividend of ₱1.10 per share at 3.5% yield

Third quarter 2023 earnings released: EPS: ₱9.75 (vs ₱7.04 in 3Q 2022)

First Philippine Holdings Corporation Announces Resignation of Victor Emmanuel B. Santos as Compliance Officer

Second quarter 2023 earnings released: EPS: ₱8.12 (vs ₱6.10 in 2Q 2022)

First Philippine Holdings Corporation Announces Stepping Down of Richard B. Tantoco as Executive Vice President, Effective July 1, 2023

First Philippine Holdings Corporation (PSE:FPH) completed the acquisition of The Medical Services of America (Philippines) Inc. from Medical Services of America, Inc.

Upcoming dividend of ₱1.10 per share at 3.5% yield

First Philippine Holdings Corporation Declares Cash Dividends on Common Shares, Payable on or Before June 15, 2023

Full year 2022 earnings released: EPS: ₱26.20 (vs ₱19.92 in FY 2021)

First Philippine Holdings Corporation Announces Promotions

First Philippine Holdings Corporation (PSE:FPH) signed share sale and purchase agreement to acquire First Philippine Holdings Corporation (PSE:FPH) from Medical Services of America, Inc.

Third quarter 2022 earnings released: EPS: ₱7.04 (vs ₱5.31 in 3Q 2021)

Upcoming dividend of ₱1.10 per share

First Philippine Holdings Corporation Approves Declaration of Cash Dividends on Common Shares, Payable on or Before December 20, 2022

Second quarter 2022 earnings released: EPS: ₱6.10 (vs ₱4.77 in 2Q 2021)

Upcoming dividend of ₱1.10 per share

First Philippine Holdings Corporation Announces Committee Appointments

First quarter 2022 earnings released: EPS: ₱6.76 (vs ₱6.81 in 1Q 2021)

Price target increased to ₱167

Full year 2021 earnings released: EPS: ₱19.92 (vs ₱19.24 in FY 2020)

First Philippine Holdings Corporation, Annual General Meeting, May 30, 2022

Third quarter 2021 earnings released: EPS ₱5.31 (vs ₱4.50 in 3Q 2020)

Upcoming dividend of ₱1.10 per share

Second quarter 2021 earnings released: EPS ₱4.77 (vs ₱3.49 in 2Q 2020)

Upcoming dividend of ₱1.10 per share

First quarter 2021 earnings released: EPS ₱6.79 (vs ₱6.36 in 1Q 2020)

Full year 2020 earnings released: EPS ₱19.24 (vs ₱24.04 in FY 2019)

New 90-day low: ₱72.85

Lead Independent Director recently bought ₱2.0m worth of stock

New 90-day high: ₱79.90

Market bids up stock over the past week

First Philippine Holdings Corporation (PSE:FPH) made a tender offer to acquire 45.56% stake in Lopez Holdings Corporation (PSE:LPZ) for PHP 8 billion.

New 90-day high: ₱73.00

Third quarter 2020 earnings released: EPS ₱4.50

New 90-day high: ₱63.20

First Philippine Holdings Corporation (PSE:FPH) agreed to additional acquire 17.2% stake in First Batangas Hotel Corporation from Brightnote Assets Corporation for PHP 11.5 million.

First Philippine Holdings Corporation Announces Resignation of Eugenio Lopez III as Director

First Philippine Holdings Corporation(PSE:FPH) dropped from S&P Global BMI Index

First half earnings released

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources