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, 2014

2. SEC Identification Number

ASO96-005555

3. BIR Tax Identification No.

000-188-209-000

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	Sep 30, 2014
Currency (indicate units, if applicable)	PHP (In Thousands)

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2014	Dec 31, 2013
Current Assets	294,636,123	328,159,168
Total Assets	614,514,548	618,065,516
Current Liabilities	462,012,032	489,575,055
Total Liabilities	515,306,683	534,167,888
Retained Earnings/(Deficit)	16,040,075	12,432,838
Stockholders' Equity	99,207,865	83,897,628
Stockholders' Equity - Parent	95,933,371	80,825,943
Book Value per Share	76.8	74.41

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	5,772,894	5,571,121	17,633,412	15,922,793
Other Revenue	1,177,946	1,387,811	5,640,560	8,686,317
Gross Revenue	6,950,840	6,958,932	23,273,972	24,609,110
Operating Expense	1,107,158	1,329,276	3,296,808	4,442,393
Other Expense	4,926,216	4,575,483	14,963,395	12,883,674
Gross Expense	6,033,374	5,904,759	18,260,203	17,326,067
Net Income/(Loss) Before Tax	917,466	1,054,173	5,013,769	7,283,043
Income Tax Expense	412,077	367,763	1,299,001	1,292,814
Net Income/(Loss) After Tax	505,389	686,410	3,714,768	5,990,229
Net Income Attributable to Parent Equity Holder	468,612	664,890	3,622,056	5,932,044
Earnings/(Loss) Per Share (Basic)	0.38	0.61	3.13	5.71
Earnings/(Loss) Per Share (Diluted)	0.38	0.61	3.13	5.71

Other Relevant Information
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