BDO Unibank Inc., the banking arm of the Henry Sy-led SM Investments Corp., will try to achieve a record profit of P22.8 billion for the full year despite seeing its first-quarter income drop by almost half from a year earlier.

At its annual stockholders meeting on Friday, BDO president Nestor Tan said the bank’s earnings guidance for this year is P22.8 billion, slightly higher than its record profit of P22.6 billion in 2013.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details