Tonik becomes the first standalone digital bank in the Philippines to achieve profitability

Tonik, the holder of BSP Digital Banking License No. 001 and the Philippines’ first standalone digital bank, has reached a defining milestone: sustained profitability. The company generated consolidated positive cash net income (after all costs including cost of risk) in Q1 2026, becoming the first standalone digital bank in the country to do so—and one of the fastest non-ecosystem neobanks globally to reach this point.  At the same time, Tonik’s regulated bank subsidiary, Tonik Digital Bank, Inc. has also achieved IFRS profitability for the entire Q1 2026. This milestone is the direct outcome of a founding choice: to build a […]... Keep on reading: Tonik becomes the first standalone digital bank in the Philippines to achieve profitability

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