CR07611-2017

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, 2017
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 / (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 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, 2017
Currency (indicate units, if applicable) PHP (in Thousand)
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Sep 30, 2017 Dec 31, 2016
Current Assets 385,924,340 357,032,078
Total Assets 799,157,418 753,765,110
Current Liabilities 632,078,359 589,873,990
Total Liabilities 682,701,936 643,824,204
Retained
Earnings/(Deficit)
35,211,747 30,678,189
Stockholders' Equity 116,455,482 109,940,906
Stockholders' Equity - Parent 113,075,943 107,277,986
Book Value per Share 91.08 85.88
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 9,417,846 8,458,722 27,031,922 27,920,347
Gross Expense 7,117,420 7,042,790 21,239,655 20,617,896
Non-Operating Income 1,244,818 1,156,984 2,916,340 6,396,098
Non-Operating Expense 5,615,586 5,462,335 15,847,208 15,952,037
Income/(Loss) Before Tax 2,300,426 1,415,932 5,792,267 7,302,451
Income Tax Expense 453,869 65,723 1,276,784 1,626,477
Net Income/(Loss) After Tax 1,846,557 1,350,209 4,515,483 5,675,974
Net Income Attributable to
Parent Equity Holder
1,845,222 1,298,108 4,465,351 5,567,595
Earnings/(Loss) Per Share
(Basic)
1.47 1.04 3.57 4.46
Earnings/(Loss) Per Share
(Diluted)
1.47 1.04 3.57 4.46
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 4.84 2.47
Earnings/(Loss) Per Share (Diluted) 4.84 2.47
Other Relevant Information

Gross Revenue, Non-Operating Income/(Loss) Before Tax include Net Income from Discontinuing Operations amounting to Php 124,083 Th and Php 508,147 Th for the quarter and period ended September 30, 2016, respectively.

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