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Best in Pinoy blogs recognized in 1st BDO Blogger Awards

BDO  Unibank   recognized the best online content creators in the first-ever BDO Blogger Awards.   The BDO Blogger Awards honors bloggers and influencers for sharing  useful  information, insights, and positivity with their followers and viewers.  The awards  honor bloggers’ contributions not only in spreading awareness about the bank’s advocacies,  but also in  initiating important public discussions for a more financially-inclusive industry  through content creation.   The Awards  feature   two segments: the recognition ceremony , which awards the top-performing content creators in terms of the quality of content they published online from 2020 to 2021; and the content creation contest—a thematic activity that challenge s  participants  to come up  with unique and creative ways to talk about various topics.   This year, BDO challenged  participants to  discuss  the bank’s innovative digital solutions , which served as an alternative option for clients to perform their bank transactio

BDO posts P42.8 Bn income in 2021 and P11.7 Bn in 1Q 2022

 P1.00 special cash & 20% stock dividend declared; Hike in authorized capital approved 



In the Bank’s Annual Stockholders’ Meeting held virtually today, BDO Unibank, Inc. (BDO) President Nestor V. Tan reported that the Bank delivered a 51% increase in net income to P42.8 billion for full-year 2021, with the Bank sustaining its growth momentum through the first quarter of this year as earnings rose by 13% year-on-year to P11.7 billion. These positive results were achieved on the back of the Bank’s strong core businesses. 


In the same meeting, BDO stockholders approved the declaration of stock dividends equivalent to 20% of the Bank’s outstanding capital stock, as well as an increase in the Bank’s authorized capital stock (common shares) from 5,500,000,000 to 8,500,000,000 shares, and the amendment to the Bank’s Articles of Incorporation to reflect the increase. The record and payment dates for the stock dividend are still subject to regulatory approvals. 


At the Bank’s Special Board of Directors meeting held earlier today, the Board also approved a P1.00 special cash dividend on the Bank’s common shares. Record date for the special cash dividend has been set on May 6, 2022 and payment date is on May 31, 2022. 


The special cash and stock dividend declaration is a testament to BDO’s commitment to provide consistent, steady returns and value to its shareholders on the back of the Bank’s positive performance in 2021 and 1Q 2022.


On the stock dividends, shareholders will gain additional shares which they may either keep for the long-haul and grow in value, or in case they need liquidity, sell through the stock market at their discretion. Record and payment dates of the stock dividends shall be fixed and disclosed after securing regulatory approval, within the periods provided by law. 


Meanwhile, the hike in BDO’s authorized capital stock provides the Bank flexibility to increase its capital during periods of rapid organic growth or in the event of inorganic opportunities. This will allow BDO to continue to expand its business, strengthen its franchise, and deliver quality earnings to position the Bank for long-term sustainable growth.


BDO’s Return on Average Common Equity (ROCE) for the 1Q 2022 increased to 11.09% from 10.56% in the same period last year. The Bank’s Book Value per common share rose to P96.47 as of end-March 2022 for a 7% year-on-year growth.


The Bank’s ability to expand its business is dependent on prevailing business conditions and the Bank’s financial position.


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