PNB first-half profit jumped 17% to P14.6B

MANILA, Philippines — Philippine National Bank (PNB) posted a 17-percent increase in first-half net income, driven by higher lending activity, stronger fee-based income and improving asset quality despite a volatile market environment. On Friday, the Lucio Tan-led bank said net income reached P14.6 billion in the first six months of 2026, up from P12.5 billion