SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Jun 30, 2016

2. SEC Identification Number

AS096-005555

3. BIR Tax Identification No.

000-188-209

4. Exact name of issuer as specified in its charter

PHILIPPINE NATIONAL BANK

5. Province, country or other jurisdiction of incorporation or organization

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

PNB Financial Center, Pres. Diosdado P. Macapagal Blvd., Pasay City Postal Code 1300

8. Issuer's telephone number, including area code

(632) 891-6040 to 70 /(632) 526-3131 to 70

9. Former name or former address, and former fiscal year, if changed since last report

Not Applicable

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares	1,249,139,678

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

Philippine Stock Exchange : Common Stocks

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Philippine National BankPNB

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Jun 30, 2016
Currency (indicate units, if applicable)	PHP (In Thousand Pesos)

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Jun 30, 2016	Dec 31, 2015
Current Assets	318,155,152	331,540,210
Total Assets	712,425,620	679,687,737
Current Liabilities	553,946,372	496,703,073
Total Liabilities	602,523,434	574,931,876
Retained Earnings/(Deficit)	29,049,351	24,799,259
Stockholders' Equity	109,902,186	104,755,861
Stockholders' Equity - Parent	105,754,552	98,875,776
Book Value per Share	85.92	81.45

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	7,124,059	7,408,730	14,222,511	12,824,801
Other Revenue	2,270,579	1,687,495	5,239,114	2,960,202
Gross Revenue	9,394,638	9,096,225	19,461,625	15,785,003
Operating Expense	1,565,949	1,992,104	3,085,404	2,688,937
Other Expense	5,225,635	4,283,135	10,212,954	8,628,562
Gross Expense	6,791,584	6,275,239	13,298,358	11,317,499
Net Income/(Loss) Before Tax	2,603,054	2,820,986	6,163,267	4,467,504
Income Tax Expense	884,253	464,730	1,837,502	869,544
Net Income/(Loss) After Tax	1,718,801	2,356,256	4,325,765	3,597,960
Net Income Attributable to Parent Equity Holder	1,696,651	2,297,571	4,269,487	3,498,799
Earnings/(Loss) Per Share (Basic)	1.36	1.84	3.42	2.8
Earnings/(Loss) Per Share (Diluted)	1.36	1.84	3.42	2.8

Other Relevant Information

Other Revenue, Gross Revenue and Net Income/(Loss) Before Income Tax include Net Income From Discontinued Operations amounting to Php 384,064 Th and Php 99,054 Th for the quarters ended June 30, 2016 and 2015, respectively. Other Revenue, Gross Revenue and Net Income/(Loss) Before Income Tax include Net Income From Discontinued Operations amounting to Php 384,064 Th and Php 201,110 Th for the periods ended June 30, 2016 and 2015, respectively.