Security Bank Corporation is a universal bank in the Philippines, offering retail, commercial, and corporate banking services, as well as trust and investment management.
Sector: Banks
PH_SECB
Shares: connector/market_inputs
Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | Net interest incomeM USD | Net profitM USD | AssetsM USD | EquityM USD | ROE (annualized) | Source |
|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | Q2 2026 (3M) | OK | 283.1 y/y 123.8% | 55.6 y/y 3.5% | 19511.9 y/y -4.6% | 2545.6 y/y -2.7% | 8.8% | Link |
| 2026-03-31 | Q1 2026 (3M) | OK | 255.7 y/y 24.3% | 45.6 y/y -6.6% | 20108.3 y/y 3.6% | 2529.0 y/y 0.7% | 7.1% | Link |
| 2025-12-31 | Q4 2025 (3M) | OK | 309.5 y/y 20.1% | 43.6 y/y -9.3% | 20267.3 y/y 4.2% | 2616.3 y/y 7.6% | 7.7% | Link |
| 2025-09-30 | Q3 2025 (3M) | OK | 301.6 y/y 20.1% | 56.2 y/y 6.8% | 19610.3 y/y 6.9% | 2630.5 y/y 2.9% | 2.9% | Link |
| 2025-06-30 | Q2 2025 (3M) | OK | 238.0 y/y 20.1% | 53.7 y/y 9.7% | 20448.6 y/y 26.0% | 2617.0 y/y 10.7% | 8.4% | Link |
| 2025-03-31 | Q1 2025 (3M) | OK | 205.6 y/y 4.7% | 48.8 y/y 3.6% | 19406.9 y/y 23.0% | 2512.3 y/y 3.4% | 7.9% | Link |
| 2024-12-31 | Q4 2024 (3M) | OK | 257.8 y/y — | 48.1 y/y — | 19453.5 y/y — | 2431.6 y/y — | 7.9% | Link |
| 2024-09-30 | Q3 2024 (3M) | OK | 251.1 y/y 47.4% | 52.6 y/y 11.2% | 18340.5 y/y 27.4% | 2556.6 y/y 9.2% | 2.9% | Link |
| 2024-06-30 | Q2 2024 (3M) | OK | 198.1 y/y 11.5% | 49.0 y/y 6.1% | 16224.2 y/y 12.7% | 2364.7 y/y 0.2% | 8.2% | Link |
| 2024-03-31 | Q1 2024 (3M) | OK | 196.3 y/y — | 47.1 y/y — | 15776.0 y/y — | 2428.6 y/y — | 7.7% | Link |
| 2023-12-31 | Q4 2023 (3M) | OK | 173.6 y/y — | 27.5 y/y — | 15714.2 y/y — | 2454.6 y/y — | 4.6% | Link |
| 2023-09-30 | Q3 2023 (3M) | OK | 170.3 y/y — | 47.3 y/y — | 14393.1 y/y — | 2341.8 y/y — | 2.7% | Link |
| 2023-06-30 | Q2 2023 (3M) | OK | 177.6 y/y — | 46.1 y/y — | 14393.0 y/y — | 2360.5 y/y — | — | Link |
Conversion to USD. Balance sheet: rate effective on 2026-06-30, fixing date unspecified. Flows: sampled average at each calculation period's bounds and monthly 15ths. Latest source row: 2026-04-01 — 2026-06-30. Source: Frankfurter historical request.
Our earnings breakdowns and investment notes on this issuer.
Group: Banks. Each peer is shown as it trades and re-priced onto this company's market (Philippines) by the ratio of our coverage medians.
| Company | Market | Cap, $bn | P/E | P/E, adjusted |
|---|---|---|---|---|
| State Bank of India | India | 93.2 | 10.3x | 2.3x |
| Emirates NBD | UAE | 51.7 | 7.8x | 2.9x |
| Grupo Financiero Banorte | Mexico | 31.9 | 10.1x | 3.3x |
| HDFC Bank | India | 111.5 | 15.1x | 3.4x |
| Abu Dhabi Commercial Bank | UAE | 36.3 | 9.8x | 3.6x |
| First Abu Dhabi Bank | UAE | 57.9 | 10.0x | 3.7x |
| ICICI Bank | India | 105.2 | 17.0x | 3.8x |
| KB Financial Group | Korea | 39.3 | 8.3x | 4.5x |
| Bank Central Asia | Indonesia | 33.5 | 10.5x | 8.3x |
| Royal Bank of Canada | Canada | 281.0 | 19.4x | — |
| Mitsubishi UFJ Financial Group | Japan | 240.9 | 14.1x | — |
| Bank of Nova Scotia | Canada | 114.8 | 20.7x | — |
| Group median | 10.4x | 3.6x | ||
| Group average | 12.7x | 4.0x | ||
| This company | Philippines | 0.7 | 3.7x | 3.7x |
Group median 10.4x as traded, 3.6x adjusted; this company 3.7x — a 2% premium.
Group average 12.7x as traded, 4.0x adjusted; against the average this company is at a 8% discount.
At the adjusted group median the market cap would be -2% versus today.
The gap and the implied upside are measured against the median: one richly priced peer moves an average, not a median. The market adjustment uses our coverage medians (US 29.1x, Russia 6.1x, South Africa 11.3x, Kazakhstan 9.3x, India 25.1x, Indonesia 7.1x); it is about where a name is listed, not what it does. Peer multiples come from the nightly rebuild of 2026-10-27; the company's own is live.
No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).
Investor reporting (IR): https://www.securitybank.com/investor-relations/annual-reports
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B), profitability and dividend yield of Security Bank Corporation (SECB) — from primary filings.
See also: Philippine Stocks (2026): Where the Value Really Is (and the Traps) · The Cheapest Bank Stocks in the World (2026): Where Global Banks Trade Below Book · The Cheapest Stocks in the World (2026): What Value Investing Says About Buying Cheap · global valuation map