Tag: Metrobank

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Strong loan growth drives Metrobank 1Q net profit to P12.3B

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Metropolitan Bank & Trust Co., the country’s fourth largest lender by assets, reported a net income of P12.3 billion for the first quarter, driven by strong loan growth, a robust performance in fee and trading income, and moderating cost increases. 

GT Capital sees strong growth, record earnings

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GT Capital Holdings Inc. reported a consolidated net income of P28.8 billion for the full year 2024, slightly lower than P29.3 billion in the previous year.  However, excluding non-recurring gains from lot sales and incentives under the Comprehensive Automotive Resurgence Strategy (CARS) program, GT Capital's core net income grew by 11 percent, driven by the record-breaking earnings of its key operating subsidiaries.
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