CR05224-2020

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, 2020
2. SEC Identification Number
A199701584
3. BIR Tax Identification No.
005-469-606
4. Exact name of issuer as specified in its charter
Philippine Business Bank, Inc.
5. Province, country or other jurisdiction of incorporation or organization
Caloocan
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
350 Rizal Avenue corner 8th Avenue Grace Park, Caloocan City Postal Code 1400
8. Issuer's telephone number, including area code
(02) 8363-3333
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 643,750,094
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:
The Bank was listed in Philippine Stock Exchange last February 19, 2013
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 Business BankPBB

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, 2020
Currency (indicate units, if applicable) in Philippine Peso
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2020 Dec 31, 2019
Current Assets 111,881,758,677 111,290,005,224
Total Assets 114,848,696,361 114,091,966,872
Current Liabilities 95,053,784,318 95,268,038,584
Total Liabilities 100,803,963,846 101,224,284,859
Retained
Earnings/(Deficit)
4,318,867,995 3,512,526,245
Stockholders' Equity 14,044,732,515 12,867,682,013
Stockholders' Equity - Parent 14,044,732,515 12,867,682,013
Book Value per Share 20.85 19.03
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 1,810,622,326 1,678,996,465 3,733,269,361 3,274,287,648
Gross Expense 418,397,270 680,236,295 935,354,137 1,325,414,850
Non-Operating Income 308,497,096 199,298,953 466,709,666 367,801,508
Non-Operating Expense 1,162,536,333 802,426,272 2,180,518,376 1,570,921,060
Income/(Loss) Before Tax 538,185,819 395,632,851 1,084,106,514 745,753,246
Income Tax Expense 137,740,528 67,739,152 289,232,223 166,811,353
Net Income/(Loss) After Tax 400,445,290 327,893,699 794,874,290 578,941,893
Net Income Attributable to
Parent Equity Holder
400,445,290 327,893,699 794,874,290 578,941,893
Earnings/(Loss) Per Share
(Basic)
0.62 0.51 1.23 0.9
Earnings/(Loss) Per Share
(Diluted)
0.62 0.51 1.23 0.9
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 2.29 1.69
Earnings/(Loss) Per Share (Diluted) 2.29 1.69
Other Relevant Information

Attached herein is the Bank's Second Quarter Report 2020.

Filed on behalf by:
Name John David Sison
Designation Investment Relations Officer/VP-Head