C02306-2024

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Apr 18, 2024
2. SEC Identification Number
34001
3. BIR Tax Identification No.
000-708-174-000
4. Exact name of issuer as specified in its charter
BDO Unibank, Inc.
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
BDO Corporate Center, 7899 Makati Ave., Makati City Postal Code 0726
8. Issuer's telephone number, including area code
(632) 8840-7000 / 8702-6000
9. Former name or former address, if changed since last report
--
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 5,268,710,945
Preferred 618,000,000
11. Indicate the item numbers reported herein
Item 9 - Other Events

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

BDO Unibank, Inc.BDO

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Results of Board Meeting

Background/Description of the Disclosure

Ladies and Gentlemen:

Please be informed that the Board of Directors of BDO Unibank, Inc. (BDO), at its regular meeting held today, April 18, 2024, approved the Financial Statements of BDO for the First Quarter of 2024.

BDO will be releasing to the press the attached statement entitled “BDO 1Q 2024 earnings at P18.5 billion.”

BDO earned P18.5 billion in the first quarter of 2024 on the sustained performance of its core businesses, higher by 12% vs. the comparable period last year. This resulted in an annualized Return on Common Equity of 14.3% for the first quarter of 2024. Net interest income increased by 13% with gross customer loans expanding by 13%. Asset quality remained stable with NPL ratio of 1.88% and NPL cover of 181%. Book value per share improved by 12%, year-on-year, to P99.23. Year-to-date share price of ₱150.00 was up 15% vs. end 2023 of ₱130.50.

Thank you.

Other Relevant Information

Please see attachment.

Filed on behalf by:
Name Elmer Serrano
Designation Corporate Information Officer