BPI Securities operated in one of Asia’s most difficult equity markets in 2025. Philippine GDP growth slowed to 4.4%, foreign investors remained net sellers and the PSEi fell 7.3% over the year. Against that backdrop, the broker kept institutional activity close to the previous year’s levels, with trading flow of PHP93.72 billion ($1.49 billion), down just 4% from PHP97.53 billion in 2024.
Notably, it grew revenue while cutting prices. BPI Securities reduced its commission rate by 40%, from 25 to 15 basis points, yet total commission income rose 3% to PHP115.5
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