Metropolitan Bank & Trust Co. (Metrobank) reported a net income of P24.8 billion in the first half of 2025, driven by strong loan growth, wider margins, robust trading gains and improved cost efficiency.
Pre-provision operating profit rose 16.3 percent year-on-year to P39.1 billion, while net interest income hit P60 billion, supported by a rebound in margins and growth across segments.
Loans expanded 13.2 percent, led by a 15.3 percent rise in consumer lending and a 12.7 percent increase in corporate loans.
Non-interest income surged 46.2 percent to P17.6 billion, with trading and forex gains rising to P5.4 billion on strong customer flows and portfolio optimization.
Fee income rose to P8.6 billion.
Total deposits reached P2.3 trillion, with P1.5 trillion in low-cost CASA.
Operating expenses grew 5.9 percent, lowering the cost-to-income ratio to 50 percent from 52.3 percent a year ago.
Asset quality improved as the NPL ratio eased to 1.5 percent with provision cover at 153.9 percent.
Total assets stood at P3.5 trillion, with capital ratios above regulatory thresholds.
Metrobank was recently named Best Managed Bank in the Philippines by The Asian Banker and received multiple awards from Euromoney and the PDS Group for corporate banking and capital markets performance. / KOC