Security Bank Corporation is a leading universal bank in the Philippines, offering a wide range of financial services to retail, commercial, corporate, and institutional clients. Here are some key facts about Security Bank:
Overview
- Founded in 1951 as Security Bank and Trust Company, it’s the first private and Filipino-controlled bank in the post-World War II period
- Listed on the Philippine Stock Exchange in 1995
- Headquarters located at 6776 Ayala Avenue, Makati, Metro Manila
Services and Products
- Retail banking: savings and checking accounts, credit cards, home loans, car loans, and salary loans
- Corporate and commercial banking: financing, leasing, foreign exchange, and investment banking
- Digital banking: online banking and mobile app services
- Investment services: trust, treasury, and fixed income securities
Awards and Recognition
- Received 10 awards at the Asian Banking & Finance Awards 2025 for innovation and impact
- Earned five awards at The Asset Triple A Sustainable Infrastructure Awards 2025
- Recognized for its commitment to sustainable infrastructure and innovative banking practices
Financial Performance
- Total revenues grew 23% year-on-year to PHP 15.4 billion in Q1 2025
- Net profit up 7% to PHP 2.8 billion in Q1 2025
- Healthy capital ratios: Common Equity Tier 1 Ratio at 13.2% and Total Capital Adequacy Ratio at 14.1%
Partnerships and Ventures
- Partnered with Japan’s largest bank, MUFG Bank, Ltd., in 2016 to bolster capital and enhance global capabilities
- Launched Mitsubishi Motors Finance Philippines Inc., a joint venture with Mitsubishi Motors Corporation, to provide auto financing services ¹ ² ³.
How to Download Security Bank App?
To download the Security Bank App, follow these steps:
For Mobile Devices:
- App Store (for iOS devices):
- Open the App Store on your iPhone or iPad.
- Search for “Security Bank Online” in the search bar.
- Select the Security Bank Online app from the search results.
- Tap the “Get” button to download and install the app.
- Google Play Store (for Android devices):
- Open the Google Play Store on your Android device.
- Search for “Security Bank Online” in the search bar.
- Select the Security Bank Online app from the search results.
- Tap the “Install” button to download and install the app.
For Existing Users:
If you’re an existing Security Bank user, you can log in to the app using your existing Online Banking account credentials.
App Features:
The Security Bank App offers a range of features, including:
- Online banking services
- Mobile banking services
- Bill payment and fund transfer capabilities
- Account management and balance inquiry
- Transaction history and statement viewing
Security Measures:
The Security Bank App employs robust security measures to protect your financial information, including:
- Two-factor authentication
- Encryption and secure socket layer (SSL) technology
- Regular security updates and maintenance
By downloading the Security Bank App, you can conveniently manage your accounts and conduct financial transactions on-the-go.
What is the current stock price of security Bank?
The current stock price of Security Bank Corporation (SECB) is around ₱70.30 to ₱71.25. Here are some recent prices ¹ ² ³:
- Current Price: ₱71.25 (as of August 20, 2025)
- Recent Price: ₱70.30 (as of August 22, 2025)
- Price Range: ₱70.25 to ₱72.15 (day’s low and high)
The stock price has fluctuated recently, with a 1.33% to 0.07% decrease in the past few trading sessions. For the most up-to-date information, I recommend checking financial websites like Finnhub or StockAnalysis ⁴ ² ⁵.
How does Security Bank compare to other Philippines Bank?
Security Bank is a well-established universal bank in the Philippines, ranking sixth among the top banks in the country. Here’s how it compares to other Philippine banks:
Rankings and Reputation
- World’s Best Banks: Security Bank is one of the ten Philippine banks included in Forbes’ World’s Best Banks List, alongside other top banks like BPI, Metrobank, and RCBC.
- Corporate Reputation: According to Kantar TNS’ 2018 Corporate Reputation Study, Security Bank ranked lower than BDO, Metrobank, and BPI in terms of overall reputation.
Services and Products
- Best for Time Deposit: Security Bank offers competitive interest rates for time deposits, making it a top choice for this service.
- Best for Expats: Security Bank provides a range of banking products suited for expats, including third-currency accounts and time deposit accounts in US dollars and Chinese yuan.
- Digital Banking: Security Bank’s online banking platform is impressive, with a daily aggregate limit of ₱600,000 and accessibility outside the country with an internet connection ³.
Financial Performance
- Total Assets: Security Bank’s total assets amount to ₱724.83 billion, ranking it sixth among the top universal and commercial banks in the Philippines.
- Growth: Security Bank’s revenues grew 23% year-on-year to ₱15.4 billion in Q1 2025, with net profit up 7% to ₱2.8 billion ⁴ ².
Comparison to Other Banks
- BDO Unibank: BDO is the largest bank in the Philippines, with total assets of ₱3.53 trillion, surpassing Security Bank’s assets.
- Metrobank: Metrobank is another top bank in the Philippines, with total assets of ₱2.38 trillion, and a strong reputation in Metro Cebu.
- BPI: BPI is known for its savings accounts and student banking services, with total assets of ₱2.36 trillion.
What are their latest financial results or reports?
Security Bank’s latest financial reports show impressive growth and stability. Here are the key highlights:
Financial Performance:
- Net Income: PHP 11.2 billion in 2024, up 23% year-on-year, and PHP 2.8 billion in Q1 2025, up 7% year-on-year
- Total Revenues: PHP 54.9 billion in 2024, up 28% year-on-year, and PHP 15.4 billion in Q1 2025, up 23% year-on-year
- Return on Shareholders’ Equity (ROE): 8.11% in 2024 and 7.92% in Q1 2025
Balance Sheet:
- Total Assets: PHP 1.1 trillion, up 30% year-on-year
- Total Deposits: PHP 841 billion, up 32% year-on-year
- Capital Ratios: Common Equity Tier 1 Ratio at 12.9% and Total Capital Adequacy Ratio (CAR) at 13.8%
Loan Portfolio:
- Net Loans: PHP 678 billion, up 26% year-on-year
- Retail and MSME Loans: up 37% year-on-year, with home loans growing 19%, credit cards rising 64%, auto loans growing 54%, and MSME loans growing 54%
Other Key Metrics:
- Liquidity Coverage Ratio (LCR): 179% as of March 31, 2025
- Net Stable Funding Ratio (NSFR): 136% as of March 31, 2025
- Gross Non-Performing Loan (NPL) Ratio: 2.85% as of December 31, 2024, and 3.10% as of March 31, 2025.
