EastWest 9-month profit falls 24% to P5B

MANILA, Philippines — East West Banking Corp.’s net income fell by 24.2 percent to P5 billion in the first nine months of 2026 from P6.6 billion a year earlier, as heightened credit risks weighed on otherwise stronger operations. On Friday, the Gotianun family-led bank said it booked P15.9 billion in provisions for expected credit losses, citing