Top 10 Investment Companies In The Philippines – Here are the best financial companies in the Philippines to invest in this year 2022. They are the largest and most dominant publicly traded companies in the financial sector.
Many people who have invested in the stock market, or are planning to invest soon, consider large stocks in the financial industry. At the end of the day, investing is all about growing money, and money is the core business of a financial empire.
Top 10 Investment Companies In The Philippines
In this article, we will tell you about the largest publicly traded financial companies in the Philippines. Most of these companies are also included in the country’s benchmark index, the PSE Index (PSEI), and among the best stocks in the Philippines for long-term investment.
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Financial companies are companies and institutions that provide financial products and services, including banking, insurance, investment and digital payment systems. The financial sector is a very important lifeblood of the economy. It contributes to the country’s growth and stability.
BDO is the number one bank in the Philippines in terms of assets under management, deposits, loans and capital. It is the banking sector of the SM group of companies, which is one of the largest and most successful conglomerates in the country.
The largest bank in the Philippines has more than 1,500 operating branches nationwide. Last October, BDO announced that their revenue had returned to pre-pandemic levels. The stock is also back on the rise as investors gain more confidence with BDO’s brighter outlook. 2. Bank of the Philippine Islands (BPI)
BPI is the second largest listed financial company in the Philippines with a market capitalization of over P409 billion. BPI is the oldest bank in the Philippines. Founded in 1851, BPI is also the first bank in the Southeast Asian region.
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Why invest in BPI shares? BPI is the banking division of the Ayala Group, one of the richest companies in the country. BPI has a strong balance sheet and a high liquidity ratio. If you like a high dividend paying stock, you can trust BPI. The current dividend yield is 1.89%.
Metrobank is among the top three banks in the Philippines. The bank was established in 1962 and has been providing financial services to large local and multinational companies, medium and small enterprises, retail sector and high net worth individuals till now.
Metrobank Group launched the first and only exchange-traded fund in the Philippines, FMETF. Metrobank is always one of the best investment companies in the Philippines in its various investment products. It also owns the country’s most advanced trading platform – First Metro Sec Pro. 4. Union Bank of the Philippines (UBP)
UnionBank was founded in 1968 as Union Savings and Mortgage Bank. Later in 1982, it became a commercial bank. Unionbank is consistently recognized among Asia’s leading corporates as one of the best universal banks in terms of profitability and efficiency.
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Why invest in UnionBank shares? UnionBank is always the favorite bank of millennials. It became popular among the first to prioritize next-generation banking innovation. Thanks to its digital transformation, UnionBank is now the best digital bank in the Philippines.
Among the top eight banks in the country, UnionBank is the only “digital bank” licensed by the Bangko Sentral ng Pilipinas in 2021. 5. Security Bank Corporation (SECB)
Established in 1951, Security Bank was the first private Filipino-controlled bank since World War II. It is now one of the leading universal banks in the Philippines. Turvapanki’s core business is wholesale banking, financial markets and retail banking.
Security Bank has 316 branches in the Philippines. The SECB stock also has a Buy rating and our estimated target price is 140. We believe most banks will benefit from the eased business and travel restrictions. 6. China Banking Corporation (CHIB)
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China Bank was established in 1920 and opened at Quintin Paredes Street in Binondo, the oldest Chinatown in the world. Trusted by Chinese merchants and prominent businessmen, China Bank remains one of the most respected and strongest financial institutions in the Philippines.
The bank’s 3Q21 net profit was up 14% year-on-year, taking earnings for the first nine months of 2021 to £11.2 billion, up 36% year-on-year.
Like BDO, China Bank is also a banking segment of SM Group. A financial firm backed by a Philippine conglomerate has ample leverage to succeed. 7. Philippine National Bank (PNB)
PNB is the first universal bank in the Philippines. Founded in 1916, it is now a powerhouse of excellence in banking in the Philippines. PNB is one of the largest privately owned commercial banks in the country today.
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It is a banking company of the Lucio Tan Group of Companies (LT Group). PNB has the widest international reach among other top banks in the Philippines, with more than 71 branches, representative offices, remittance centers and subsidiaries in Asia, Europe, the Middle East and North America.
The Philippine Central Bank’s net income in 2020 skyrocketed 17% year-on-year. It reported net income of 17.6 billion amid the pandemic. Net interest also increased by 11% to 35.8 billion. We believe that PNB will maintain its strong position and remain among the leading banks and financial sector in the Philippines. 8. East West Banking Corporation (EW)
EastWest Bank is the youngest best bank in the Philippines. It was founded in 1994, but is already among the largest banks in the country in terms of market value. It is one of the fastest growing banks in the Philippines and one of the top 10 privately owned banks.
Despite the pandemic, EastWest Bank reported a net income of 6.5 billion in 2020. Its assets, deposits and capital also grew amid financial challenges. We like growing companies, and EastWest is poised to continue that momentum this decade. Largest financial companies in the Philippines (by market capitalization)
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Disclaimer: The article is for informational purposes only and should not be considered professional investment advice or a recommendation for a particular asset. Trading on the stock market involves risks. Always invest carefully.
Company founder, entrepreneur and technology investor. He is an accountant by training and has a financial background. He analyzes stocks daily. Copy his trades with eToro Connect with Fehl on Facebook Here are the best Philippine stocks to buy today and in 2023 if you are interested in long-term investments or if you want to grow your capital for at least five years.
We have selected these stocks based on profitability potential, high liquidity, stable financial situation, sustainability and long-term outlook.
According to the World Bank, the Philippine economy is projected to grow by 5.7% in 2023. Businesses and economies are expected to slow down in 2023, but there are more opportunities for investors and traders.
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Long-term investing is one of the best and hassle-free ways to invest. It’s done when investors buy shares of blue-chip companies or companies with steady earnings potential and hold the shares for at least five years (the longer, usually, the better).
SM Investments (Stock Code: SM) covers all business segments of the SM Group, which offers retail, real estate, banking and equity investments. SM Investments is so huge. It has a market capitalization of over P1 trillion, making it the largest company listed on the Philippine Stock Exchange.
If I want to hold one stock until retirement, it’s SM. Its three companies – SMIC, SMPH, BDO already account for more than 30% of the value of the Philippine stock market index. The company has excellent basic information and an impressive result. It also rewards generous dividends. Investors looking for long-term profitable growth should invest in SM shares. 2. Ayala Corporation (AC)
Ayala Corporation (stock code: AC) is one of the largest conglomerates in the Philippines. This giant company is the parent company of well-known Philippine companies including BPI, Globe Telecom, Ayala Land and AC Energy and Infrastructure. It currently has a market capitalization of over £420 billion. Why should you invest in Ayala Corporation stock?
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Because it is one of the best blue-chip companies in the Philippines and regularly pays dividends to its shareholders. AC stock is one of the top performing stocks in the Philippine Stock Exchange’s benchmark PSEI. Consequently, most mutual funds and equity funds that track the PSEI allocate their capital to AC stocks. 3. SM Prime Holdings (SMPH)
SMPH is the property developer division of SM Group. It is one of the largest integrated real estate developers in Southeast Asia. The company has 78 shopping centers in the Philippines and 7 in China. In addition, SMPH develops and manages residential properties, commercial and office buildings, hotels and congress centers.
SMPH is PSE’s largest real estate company measured by market value (trillions). Therefore, it provides the strength to use sufficient funds to continue business expansion and innovation, as well as future real estate projects. SMPH also has strong fundamentals. Its consolidated net income for fiscal year 2021 was P21.79 billion and regular dividends to shareholders also boost investor confidence. 4. Ayala Land, Inc. (ALI)
Ayala Land, Inc. (stock code: ALI) is one of the most diversified real estate developers in the Philippines. ALI is one of the largest stock exchanges in the Philippines with a market capitalization of P458 billion
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