Security Bank’s nine-month earnings rise 1% to ₱9.2 billion
Deposits increased 4% to ₱938 billion, while the bank opened 19 branches during the first nine months of 2026.
Security Bank Corporation said it earned ₱9.2 billion during the first nine months of 2026, lifting net income by 1% from the corresponding period a year earlier. Revenue climbed 8% to reach ₱52.5 billion.
The bank’s deposits reached ₱938 billion after a 4% annual increase. Current account and savings account (CASA) deposits grew 9%, raising their contribution to the deposit base from 49% a year earlier to 52%.
On the lending side, net loans rose 1% year-on-year to ₱680 billion. Assets amounted to ₱1.23 trillion, an increase of 8%, according to the bank.
Security Bank also reported a network of 397 branches, following 19 openings during the nine-month period.
President and CEO Victor Lee pointed to progress in operating efficiency and revenue growth. He said careful management of capital, credit and costs would continue, alongside a focus on businesses offering opportunities over the long term.
