State-run Land Bank of the Philippines (LandBank) remitted ₱32.35 billion in dividends to the National Government, underscoring its growing contribution to public coffers on the back of record earnings, expanding assets, and sustained lending to key sectors.
The latest remittance reflects the bank’s continued upward trajectory, driven by strong profitability and disciplined financial management, as it strengthens its role as a major source of non-tax revenues for the government.
“LandBank’s continuous support and strong performance proves why it is and will always be a steadfast partner of the government in our mission to improve the lives of Filipinos,” Finance Secretary Frederick D. Go said in a news release dated March 30.
Under Republic Act 7656, government-owned and controlled corporations are required to remit at least 50% of their net earnings to the state, making dividend contributions a key funding source for priority programs without imposing new taxes.
LandBank’s higher dividend remittance was anchored on its strongest financial performance to date. In 2025, net income surged 24% to ₱43.98 billion, up from ₱35.36 billion in 2024, fueled by broad-based loan growth, tighter credit oversight, and disciplined risk management.
The bank also posted record balance sheet levels, with total assets reaching ₱3.52 trillion and capital rising to ₱278.44 billion, reflecting a stronger financial position that supports both profitability and sustained dividend contributions.
“LandBank’s dividend remittance is a deliberate investment in the country’s future. It strengthens the government’s capacity to fund critical programs that uplift communities, promote inclusive development, and expand economic opportunities, while enabling us to continue supporting agriculture and other priority sectors,” said LandBank President and CEO Lynette V. Ortiz.
A key pillar of LandBank’s growth has been its continued expansion in lending to agriculture and rural development.
As of end-2025, the bank’s Agriculture, Fisheries, and Rural Development (AFRD) loan portfolio reached ₱896.61 billion, accounting for 53.5% of its total gross loan portfolio of ₱1.68 trillion.
This reinforces LandBank’s role as the country’s leading credit provider to farmers, fishers, and rural enterprises—sectors critical to food security and inclusive growth.
With rising earnings, a stronger balance sheet, and sustained sectoral lending, LandBank’s increasing dividend remittances highlight how state-owned financial institutions can directly support national development while maintaining commercial viability.