Metropolitan Bank & Trust Co. (Metrobank) posted a net income of ₱12.6 billion in the first quarter of 2026, supported by steady asset growth, improved margins, and higher fee-based income.
Bank president Fabian S. Dee said the results reflect the strength of the bank’s core businesses, noting that strong capital, good asset quality, and ample buffers position the bank to manage risks and support clients’ financing needs.
Net interest income rose 13.6 percent to ₱33.4 billion, while net interest margin improved to 3.7 percent. Loan growth remained solid, with total loans increasing 9.2 percent year-on-year. Corporate and commercial loans grew 8.6 percent while consumer loans rose 11.2 percent.
Deposits reached ₱2.6 trillion, with low-cost current and savings accounts making up 59.2 percent of the total. The bank’s loan-to-deposit ratio stood at 76.6 percent, indicating room for further lending.
Fee and trust income climbed 11.8 percent to ₱5.1 billion, helping offset weaker trading income amid market volatility.
Operating expenses increased 9.8 percent to ₱21.1 billion, mainly due to higher taxes and technology spending. The cost-to-income ratio was 52.5 percent.
Asset quality remained stable, with the non-performing loan ratio at 1.75 percent, below the industry average of 3.44 percent. The bank maintained a strong buffer, with NPL coverage at 137.1 percent.
Total assets grew 8.3 percent to ₱3.8 trillion, while equity rose 5.1 percent to ₱396.4 billion. Capital levels stayed well above regulatory requirements, with a capital adequacy ratio of 14.9 percent and a common equity tier 1 ratio of 14.2 percent. Liquidity also remained strong, with a liquidity coverage ratio of 151.1 percent.
