5 days ago
Metrobank nets P24.8B in H1 2025
Metropolitan Bank and Trust Company posted a net income of P24.8 billion in the first half of the year, supported by healthy loan growth, recovering margins, robust trading income, and improving cost efficiency.
"Our first half performance reflects the continuing strength of our core businesses. As we enter the second half of the year, we remain focused on building on our fundamentals and implementing prudent strategies, which will allow us to continue helping our clients grow further as well as achieve our medium-term goals," said Metrobank President Fabian Dee.
Metrobank said its net interest income reached P60 billion in the first half of the year, supported by sustained growth across business segments and a sequential rebound in net interest margin.
Gross loans grew by 13.2% year-on-year "on healthy performance across portfolios," while Institutional loans grew by 12.7% "on the back of sustained rise in corporate capital expenditures."
Consumer loans, meanwhile, went up by 15.3%, led by gross credit card receivables and auto loans, which climbed by 18.2% and 17.8% year-on-year, respectively.
Total deposits reached P2.3 trillion, of which P1.5 trillion are low-cost current and savings accounts (CASA).
Non-interest income also rose by 46.2% to P17.6 billion during the first half with the fee-based income reaching P8.6 billion supported by the expanding consumer business.
Trading and foreign exchange gains, likewise, grew to P5.4 billion, driven by strong customer flows and implementation of optimization strategies in our investment portfolio.
The bank said its total consolidated assets during the period expanded by 6% to P3.5 trillion. — VDV, GMA Integrated News
