RCBC: loan and deposit growth lifted core results as a swap gain boosted reported profit
RCBC reported Q3 net income of $30.6 million, or $18.3 million excluding the swap fair-value gain. Loans and deposits grew while credit quality stayed strong, per TradingView.
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what happened
According to TradingView, RCBC posted third-quarter net income of $30.6 million. Excluding the positive swap fair-value gain, which lifted the reported figure, adjusted net income came to $18.3 million.
The bank's loans and deposits grew, and management described credit quality as remaining pristine. It expects loan growth for 2026 in the upper part of the mid-single-digit range.
why it matters
For investors, the gap between reported and adjusted profit matters: without the one-off swap revaluation, the result looks considerably more modest. Steady growth in the core lending and deposit business is the more meaningful signal than the one-time gain.
market impact
RCBC shares and Philippine banks: results rest on core business, but a one-off swap gain inflates reported profit.
tags
instruments
sources
- RCBC: Loan and deposit growth lifted core performance as a large swap gain boosted reported earnings — TradingView, 26 October 2026 at 19:40 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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