CR07194-2016

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
Sep 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 Macapagal Blvd., Pasay City Postal Code 1300
8. Issuer's telephone number, including area code
(632) 891-6040 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 Shares
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 Sep 30, 2016
Currency (indicate units, if applicable) PHP (In Thousands)
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Sep 30, 2016 Dec 31, 2015
Current Assets 338,660,930 331,540,210
Total Assets 718,428,197 679,687,737
Current Liabilities 559,593,378 496,703,073
Total Liabilities 606,909,779 574,931,876
Retained
Earnings/(Deficit)
29,098,321 24,799,259
Stockholders' Equity 111,518,418 104,755,861
Stockholders' Equity - Parent 105,926,448 98,875,776
Book Value per Share 87.15 81.45
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 7,452,233 6,998,533 21,524,249 19,823,334
Other Revenue 1,213,110 1,047,496 6,396,098 4,007,698
Gross Revenue 8,665,343 8,046,029 27,920,347 23,831,032
Operating Expense 1,580,455 1,475,229 4,665,859 4,164,166
Other Expense 5,476,806 4,990,632 15,952,037 13,619,194
Gross Expense 7,057,261 6,465,861 20,617,896 17,783,360
Net Income/(Loss) Before Tax 1,608,082 1,580,168 7,302,451 6,047,672
Income Tax Expense 257,676 468,589 1,626,477 1,338,133
Net Income/(Loss) After Tax 1,350,406 1,111,579 5,675,974 4,709,539
Net Income Attributable to
Parent Equity Holder
1,298,307 1,067,466 5,567,595 4,566,265
Earnings/(Loss) Per Share
(Basic)
1.04 0.86 4.46 3.66
Earnings/(Loss) Per Share
(Diluted)
1.04 0.86 4.46 3.66
Other Relevant Information

For the quarter September 30, 2015 figures on Other Revenue, Gross Revenue and Net Income/(Loss) Before Tax include Net Income from Discontinued Operations amounting to Php 78,218 Th.

Other Revenue, Gross Revenue and Net Income/(Loss) Before Tax include Net Income from Discontinued Operations amounting to Php 508,147 Th and Php 279,328 Th for the periods ended September 30, 2016 and 2015, respectively.

Filed on behalf by:
Name Edwin Pagal
Designation Assistant Vice President