Rizal Commercial Banking
Financials
Estimates*
PHP | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 23.0b | 24.6b | 28.5b | 28.7b | 30.7b | 37.9b | 42.9b |
% growth | - | 7 % | 16 % | 1 % | 7 % | 23 % | 13 % |
Profit | 4.3b | 4.3b | 5.4b | 5.0b | 7.1b | 12.1b | 12.2b |
% profit margin | 19 % | 18 % | 19 % | 17 % | 23 % | 32 % | 28 % |
EV / revenue | 4.6x | 4.3x | 5.1x | -0.6x | 1.6x | 1.5x | -0.7x |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
N/A | Post IPO Equity | ||
JPY10.0b | Post IPO Equity | ||
* | PHP27.0b Valuation: PHP153.4b 5.0x EV/LTM Revenues | Post IPO Equity | |
* | N/A | $400m | Post IPO Debt |
Total Funding | - |
Recent News about Rizal Commercial Banking
EditRizal Commercial Banking Corporation (RCBC) is a leading financial institution in the Philippines, providing a wide range of banking services to both individual and corporate clients. Operating under the Yuchengco Group of Companies, RCBC offers personal banking services including savings and checking accounts, loans, and credit cards. For corporate clients, the bank provides tailored solutions such as corporate online banking, cash management, and trade finance.
RCBC operates in the highly competitive Philippine banking sector, focusing on innovation and customer-centric services. The bank's business model revolves around generating revenue through interest income from loans, fees from banking services, and commissions from wealth management and investment products. RCBC also emphasizes sustainability and corporate governance, ensuring ethical practices and long-term value creation for stakeholders.
The bank serves a diverse clientele, from individual savers and borrowers to large corporations and high-net-worth individuals. RCBC's digital platforms, including personal and corporate online banking, enhance customer convenience and operational efficiency.
Keywords: banking, Philippines, personal banking, corporate banking, online banking, wealth management, loans, credit cards, cash management, trade finance.