Metropolitan Bank & Trust Co. (Metrobank) reported a 5 percent growth in net income of P24.8 billion in the first half of 2025, driven by strong loan growth, rising margins, and higher trading gains.
Pre-provision operating profit grew 16.3 percent year-on-year to P39.1 billion, reflecting the resilience of the bank’s core businesses.
“Our first half performance reflects the continuing strength of our core businesses,” said Metrobank President Fabian S. Dee. “We remain focused on fundamentals and prudent strategies as we enter the second half.”
Net interest income reached P60.0 billion, supported by growth across business segments and improved net interest margins. Gross loans increased 13.2 percent year-on-year, with institutional loans up 13 percent amid rising corporate capital spending. Consumer loans surged 15 percent, led by an 18 percent rise in credit card receivables and a 18 percent jump in auto loans.
Non-interest income climbed 46 percent to P17.6 billion, bolstered by P8.6 billion in fee income and P5.4 billion in trading and forex gains. Operating costs rose by just 5.9 percent, easing the cost-to-income ratio to 50.0 percent from 52.3 percent a year ago.
Asset quality improved, with the non-performing loan ratio down to 1.5 percent from 1.7 percent, well below the industry’s 3.5 percent average. Provisioning remained robust at P5.8 billion, maintaining a high NPL cover of 153.9 percent.
Total assets expanded 6.0 percent to P3.5 trillion, with equity at P390.7 billion. Capital ratios remained solid, with a 16.3 percent Capital Adequacy Ratio and 15.6 percent CET1.
