Saturday, February 10, 2018

Philippine Bank of Communications (PBC)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Philippine Bank of Communications (PBC)
Sector
Financials
Incorporation Date
Aug 23, 1939
Subsector
Banks
Number of employees
1,132 (Group Total)
Board of Directors
Chairman: Eric O. Recto, Director: Lucio L. Co
Website / E-mail
http://www.pbcom.com.ph / info@pbcom.com.ph
2. Stock Information
Total Assets
92,460,599,000
Market Capitalization
12,016,129,075.00
Total Liabilities
79,787,987,000
Outstanding Shares
480,645,163
Retained Earnings
-1,793,951,000
Listed Shares
299,564,556
Listing Date
May 12, 1988
Issued Shares
299,564,556
Board Lot
100
Free Float Level (%)
24.67%
Par Value
25.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
Eric O. Recto
Lucio L. Co
Susan P. Co
Ralph C. Nubla, Jr.
VFC Land Resources, Inc.
10.97%
19.14%
19.12%
10.77%
14.80%
4. Company Descriptions and Business Development
Notes
1. Related companies: COSCO, PGOLD, DAVIN
2. VFC and P.G. Holdings (PGH) is owned by Lucio Co.
Overview
PBC offers basic commercial banking services.  Ancillary services such as safety deposit boxes and manager's checks, demand drafts, acceptance of tax and SSS payments are also available. It has 82 branches.


Business
Revenue contribution in2016
Interest Income
Others
3,634,740,000
1,455,554,000
71%
29%
Others inclue rent, service charge, trading, trust, F/X, etc.

Subsidiaries / Associates / Affiliates / Joint Ventures
 PBCom Finance Corporation (40%)
Bank of Nagcarlan Inc. (RBNI, 96.32%) is a rural bank with 12 branches.
Banco Dipolog Inc. (BDI, 100%) is a rural bank.
PBCom Insurance Services Agency, Inc. (PISAI)

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