Manila: Security Bank Corp.'s revenues saw a significant boost in the first nine months of 2025, resulting in a 7 percent rise in net profit to PHP9.1 billion. This growth was primarily driven by an increase in loan activities.

According to Philippines News Agency, the bank disclosed to the Philippine Stock Exchange (PSE) that its total revenues as of the end of September jumped 22 percent to PHP48.8 billion. The bank experienced an 8 percent rise in net loans, reaching PHP672 billion, with retail loans playing a crucial role due to a 24 percent increase.

Within the retail loan segment, auto loans led with a 42 percent rise, followed by credit card loans at 27 percent, and home loans at 15 percent. On a sequential basis, retail loans increased by 2.5 percent quarter on quarter, now accounting for 33 percent of total loans, up from 29 percent the previous year.

Net interest income rose 15 percent to PHP37.2 billion, with the net interest margin widening to 4.70 percent, up from 4.56 percent by the end of the first half of the year. Total non-interest income also expanded by 52 percent year on year to PHP11.6 billion.

Despite a decrease in gains from service charges, fees, and commissions to PHP6.3 billion from PHP6.7 billion the previous year, the bank noted that this was due to a one-off bancassurance milestone fee in the first quarter of 2024. Excluding this milestone fee, service charges, fees, and commissions for the first nine months of 2025 increased by 20 percent year on year, driven by credit cards, payment services, and capital market fees.