Should I buy Bank of the Philippine Islands stock in 2025?

What is Bank of the Philippine Islands?

How much is Bank of the Philippine Islands stock?

The price of Bank of the Philippine Islands stock is falling this week. As of today, BPI trades at ₱139.20 per share, reflecting a 0.43% decline over the past 24 hours and a 2.43% drop during the week. The bank holds a market capitalization of ₱735.5 billion, with an average 3-month trading volume of 2.97 million shares. BPI’s P/E ratio stands at 11.57, offering a dividend yield of 2.92% and a stock beta of 0.94, indicating relatively moderate volatility. With solid financials and strong analyst support, BPI’s steady position may appeal to Philippine investors seeking long-term growth and reliable income.

Our full analysis on Bank of the Philippine Islands stock

After an in-depth review of the latest financial results and a comparative assessment of Bank of the Philippine Islands (BPI) stock performance over the past three years, together with granular analysis through proprietary models integrating technical, fundamental, and sectoral data, compelling bullish signals have emerged. Drawing from multiple market data streams, peer benchmarks, and both quantitative and qualitative research, BPI stands out within the Philippine banking sector for its resilient earnings, constructive price structure, and strategic positioning. With analysts expressing strong conviction and buy-side momentum intensifying, the essential question arises: So, why might Bank of the Philippine Islands stock once again become a strategic entry point into the Philippine financial sector in 2025?

Recent Performance and Market Context

BPI’s share price currently hovers at ₱139.20, having demonstrated resilience and relative outperformance amidst a volatile sector backdrop. While the stock has experienced a modest correction over the past twelve months—down 14.95% year-over-year and 14.10% year-to-date—recent technical and fundamental developments suggest this retracement could offer a notable entry opportunity. The broader Philippine equity market has encountered headwinds, ranging from selective regulatory changes to global risk aversion, yet BPI has maintained both robust liquidity and strategic agility.

Several positive events support a constructive outlook. The successful US$800 million bond issuance in March 2025, at highly competitive rates, underscores BPI's investor confidence and capital strength. Simultaneously, Fitch Ratings reaffirmed the bank’s investment-grade “BBB-” rating with a stable outlook—further attesting to its solid risk profile and systemic importance. In the context of the Philippine economy’s 2025 GDP rebound—projected above 6%—and persistent demand for digital banking, BPI’s diversified model places it among the prime beneficiaries of economic resurgence, renewed consumption, and financial innovation.

Technical Analysis

From a technical perspective, BPI exhibits multiple bullish signals. The stock trades convincingly above its 20, 50, 100, and 200-day moving averages: a classic marker of enduring upward momentum. With the 20-day MA positioned at ₱137.86 and the current price above this level, short- and medium-term trajectories look constructive.

Momentum indicators further reinforce the bullish thesis:

• RSI (14-day): 58.12, indicating healthy bullish momentum without risk of imminent overbought correction.
• MACD: 0.80 – a positive cross with momentum on the buy side.
• Stochastic RSI: 63.84 – supportive of ongoing accumulation.

Strong support has emerged at ₱137.35 and ₱135.14, areas that have repeatedly absorbed selling pressure, positioning these as robust technical floors. On the upside, resistances at ₱141.00 and ₱144.20 are well within scope given sustained volume and accumulating buy-side pressure. The current “Strong Buy” technical consensus (10 moving average buy signals, 11 oscillator buy signals) lends weight to the view that BPI’s recent pullback may be setting the stage for a fresh bullish phase in the second half of 2025.

Fundamental Analysis

BPI’s Q1 2025 results are a powerful testament to its operational excellence and growth discipline. Net income surged to ₱16.6 billion (+9.0% YoY / +18.3% QoQ), supported by double-digit revenue expansion (+13.1% YoY to ₱44.7 billion) and a notable 15.3% uptick in net interest income. With operating expenses under control and an improved cost-to-income ratio of 45.4%, profit quality remains high.

Several financial metrics highlight BPI’s compelling value proposition:

• Return on Equity (ROE): 14.9% – superior to regional peers, reflecting efficient capital deployment.
• Return on Assets (ROA): 2.0%
• EPS: ₱12.03 (translating to an attractive P/E ratio of 11.57)
• Price-to-Book: 1.64 (reasonably valued vs. structural growth potential)
• Dividend Yield: 2.92% with a sustainable payout ratio of 33%, offering both yield and growth.

The bank’s ₱3.3 trillion asset base (+6.9% YoY) and ₱448.6 billion in equity (+11.3% YoY) demonstrate scale and staying power. Further, the Common Equity Tier 1 and capital adequacy ratios far exceed regulatory thresholds, underlining remarkable balance sheet strength and flexibility for future expansion or enhanced dividend streams.

Strategically, BPI's aggressive growth in consumer lending (home mortgages, auto, credit cards) and transaction-based revenues aligns it perfectly with megatrends in the Philippine market: rising middle class, digital finance adoption, and structural demand for inclusive banking. As the best-capitalized universal bank, with dominant market share and a pioneering digital platform, BPI enjoys a defensible moat and sustained earnings power.

Volume and Liquidity

High and stable trading volumes signify market confidence. With a 3-month average daily volume at 2.97 million shares and current trading at 2.35 million, BPI demonstrates robust liquidity—ideal for both institutional and retail participants. The substantial public float (2.27 billion shares) provides both transparency and dynamic potential for valuation resets on positive news or improved sentiment.

Favorable liquidity underpins the stock’s ability to absorb large trades without undue price volatility and positions it as a reference investment for both active traders and long-term investors seeking exposure to a blue-chip Philippine banking leader.

Catalysts and Positive Outlook

Multiple, highly credible catalysts could fuel an upward rerating:

• Digital Banking Leadership: Ongoing roll-out of digital-first services is accelerating client adoption and unlocking new revenue streams.
• Loan Growth: Continued double-digit expansion in gross loans (+13.2% YoY) point to BPI's ability to capture credit demand as the Philippine economy rebounds.
• Operational Efficiency: Ongoing cost management and digital transformation support further margin improvement and operational leverage.
• Capital Markets Savvy: The landmark US$800 million bond issue not only strengthens funding flexibility but also highlights the bank’s appeal among global investors.
• Dividend Potential: With a strong capital base and conservative payout, capacity exists for further upward adjustment of dividends as earnings expand.
• Sector Upswing: The Philippine banking sector is entering a constructive cycle, powered by favorable demographics, digital adoption, improved credit demand, and a supportive regulatory environment.
• External Recognition: Positive reaffirmation from Fitch and anticipated credit rating upgrades (Moody’s review pending) would further position BPI as the sector’s benchmark blue chip.

On the horizon, the ex-dividend date on June 9 and subsequent dividend payment on June 30 offer tactical yield capture for those positioning ahead of these events.

Investment Strategies

For investors evaluating short-, medium-, and long-term positioning, BPI’s current setup presents several compelling arguments:

• Short-Term: The recent consolidation above ₱137 support, paired with bullish technical momentum and news-driven upside from upcoming capital events, presents a timely window for tactical entry.
• Medium-Term: The ongoing sector rotation toward financials—combined with accelerating GDP growth and further digital banking rollouts—suggests multiple catalysts for re-rating over the next 6-12 months. Dividend stability around 3% provides additional return.
• Long-Term: BPI’s dominant market presence, innovation-led strategy, and robust balance sheet offer potent compounding prospects. For investors with a multi-year horizon, the stock’s current valuation (P/E 11.57, below historic and sector averages) and sustainable growth trajectory may underpin attractive total returns through both capital appreciation and dividend yield.

Entry near current levels, above strong technical support and ahead of key ex-dividend and earnings milestones, seems to represent an excellent opportunity to engage with one of the region’s most resilient and innovative banking franchises.

Is it the Right Time to Buy Bank of the Philippine Islands?

In summary, Bank of the Philippine Islands distinguishes itself through resilient profitability (+9% YoY in Q1 net income), scaled and diversified banking operations, robust capital buffers, and a sustainable—and growing—dividend profile. The technical framework underpins a new bullish phase, while broad analyst consensus, well-covered dividend payments, and sector-leading financial metrics justify renewed interest in the stock.

With an analyst target implying a 14.5% upside, BPI’s fundamentals point decisively toward value, quality, and growth. Multiple positive catalysts—from digital expansion to sector tailwinds and capital market validation—may drive a further rerating as 2025 unfolds. As the ex-dividend date and another earnings cycle approach, current price levels provide a favorable risk/reward balance for those seeking participation in the ongoing transformation of Philippine banking.

For investors seeking a cornerstone position in the Philippine financial sector, Bank of the Philippine Islands stands out as a high-conviction opportunity poised for renewed momentum—making serious consideration of an allocation both timely and fundamentally justified. The convergence of technical, fundamental, and macro catalysts suggests that BPI may be entering a compelling new growth trajectory for discerning investors.

How to buy Bank of the Philippine Islands stock in PH?

Buying shares of Bank of the Philippine Islands (BPI) online is simple and secure with today’s regulated brokers in the Philippines. Investors can now access BPI stock in just a few clicks, choosing between two main methods: direct “spot” buying of actual shares, or trading Contracts for Difference (CFDs) for those seeking more flexibility or leverage. Each method has its own advantages and fee structures, so it’s important to understand your options. To help you make an informed decision, a detailed comparison of top brokers can be found further down this page.

Spot Buying

Spot buying means purchasing real, listed BPI shares on the Philippine Stock Exchange (PSE) using your brokerage account. As the registered owner, you benefit from potential dividends and any appreciation in the share price. Typical fees include a fixed commission per order (usually between PHP 20 and PHP 100), plus small regulatory charges.

Example: Spot Buying Calculation

If the BPI share price is ₱139.20, investing $1,000 (around ₱57,400 at ₱57.40/$1) allows you to buy approximately 412 shares (₱57,400 ÷ ₱139.20), after deducting a PHP 300 (~$5) brokerage fee. ✔️ If the share price rises by 10%, your holding is now worth $1,100 — a gross gain of $100, or +10% on your investment (excluding taxes and minor fees).

Trading via CFD

CFD (Contract for Difference) trading allows you to speculate on BPI’s share price movements without owning the underlying stock. CFDs offer greater flexibility—you can profit from both rising and falling prices and use leverage to amplify results. Fees include the spread (difference between buy and sell price), and overnight financing costs if you hold positions beyond the trading day.

Example: CFD Trading Calculation

With a $1,000 stake (about ₱57,400) and 5x leverage, you control exposure worth $5,000 (around ₱287,000). ✔️ If BPI’s stock rises by 8%, your CFD position earns a 40% gain (8% × 5), resulting in a gross profit of $400 on your $1,000 investment (before fees).

Final Advice

Before investing, it’s essential to carefully compare brokers’ trading fees, platforms, minimum deposit requirements, and regulatory safeguards—these can impact your overall return. Whether you choose to own BPI shares directly or trade via CFDs will depend on your investment goals, risk appetite, and trading style. To decide which method and platform suit you best, refer to our comprehensive broker comparison further down the page. Investing in BPI is more accessible than ever—take the first step confidently and thoughtfully.

Our 7 tips for buying Bank of the Philippine Islands stock

The latest news about Bank of the Philippine Islands

BPI maintains strong technical momentum with all major buy indicators and a bullish trend above moving averages.
The stock is currently trading above its 20-, 50-, 100-, and 200-day moving averages, underpinned by an RSI of 58.12 and a MACD of 0.80, both signaling continued buying interest. The moving averages and oscillator signals collectively reflect a strong buy recommendation, and the price remains well-supported at ₱137.35 with resistance at ₱141.00—suggesting upward momentum for BPI within the Philippine Stock Exchange.

Analysts reaffirm a strong buy consensus with a 14.5% upside and robust price targets for BPI.
Across 11 covering analysts, consensus maintains a strong buy rating, zero sell or hold recommendations, and a mean price target of ₱159.44. This represents an attractive implied upside of 14.54% from present levels, with a range extending from ₱144.00 to ₱176.80. The positive analyst sentiment is driven by BPI’s stable financial fundamentals, steady growth prospects in consumer and digital banking, and healthy capital ratios—crucial elements for local investors seeking both growth and resilience.

BPI’s Q1 2025 results highlight double-digit revenue growth, record net income, and improving cost efficiency.
For the quarter ended March 2025, BPI reported net income of ₱16.6 billion, up 9.0% year-on-year and 18.3% sequentially. Total revenue increased 13.1% year-on-year to ₱44.7 billion, driven by robust expansion in both net interest and non-interest income streams. Operational efficiency improved, as evidenced by a lower cost-to-income ratio of 45.4%, while the bank’s strong EPS and return on equity highlight both profitability and prudent risk management in the Philippine context.

The bank’s dividend profile remains attractive, with a scheduled payout and a sustainable growth trajectory.
BPI continues to reward shareholders with a current dividend yield of 2.92%, supported by a low payout ratio of 33% and five-year dividend growth averaging 7.7%. The next ex-dividend date is June 9, 2025, with payment on June 30, 2025, making the stock especially appealing to Philippine-based income investors seeking stable and growing cash returns amidst market volatility.

BPI’s sound capital position, proven by recent successful bond issuance and credit rating affirmation, underscores institutional strength.
In March 2025, BPI completed its largest-ever single issuance, raising US$800 million in senior notes in overseas capital markets—a testament to strong investor confidence. This was complemented by Fitch Ratings’ affirmation of BPI’s ‘BBB-’ long-term rating with a stable outlook, validating the bank’s prudent risk management, strong balance sheet, and ability to support ongoing growth and digital transformation initiatives within the Philippine banking sector.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.