BankCom Q1 income rises 13% despite market volatility

MANILA, Philippines – San Miguel-led Bank of Commerce (BankCom) posted a 13-percent increase in first-quarter net income driven by stronger core revenues and foreign exchange gains. In a disclosure on Wednesday, BankCom said unaudited net income reached P976.19 million as of end-March, higher than the P866.79 million recorded in the same period last year.   It