Metropolitan Bank & Trust Co. (Metrobank) delivered record net earnings of P37.3 billion for the first nine months of 2025, reflecting strong loan growth, improving margins, and healthy trading income, all achieved while keeping cost growth under control.
Pre-provision operating profit rose 12.1% year-on-year to P59.2 billion.
“Our prudent approach in expanding our core businesses continued to support our performance in the first nine months. We’re confident that the Philippines’ long-term growth story remains strong,” said Metrobank president Fabian S. Dee.
“We continue to be committed in helping our clients seize opportunities for growth as we navigate together any challenges and uncertainties on our journey ahead.” he added.
Net interest income increased 7.1% to P91.8 billion, driven by gains across all business segments and sustained improvement in quarterly margins. Gross loans expanded 10.8% year-on-year to P1.9 trillion, fueled by a 15.8% rise in consumer lending and a 9.5% increase in institutional loans.
Deposits grew 7.6% to P2.5 trillion, of which P1.5 trillion came from low-cost current and savings accounts (CASA). The bank’s loan-to-deposit ratio of 76.6% underscores its strong capacity to meet client funding needs.
Non-interest income rose 5.3% to P25.4 billion, supported by growth in service fees and trust income.
Trading and foreign exchange gains surged 18% to P6.6 billion, reflecting strong customer flows and effective management of its investment portfolio.
Operating costs were kept in check, increasing only 1.7% year-on-year, bringing the cost-to-income ratio down to 49.8% from 52.2% in the same period last year.
Metrobank’s asset quality remains well above industry standards. Its non-performing loan (NPL) ratio stood at 1.7%, significantly lower than the industry average of 3.6% as of August 2025.
Year-to-date provisions totaled P8.7 billion, maintaining a healthy NPL coverage ratio of 147.4%, providing a strong buffer against potential risks.
The bank’s capital position also remains robust, with a capital adequacy ratio of 17.0% and a common equity tier 1 (CET1) ratio of 16.3%, both comfortably above regulatory requirements.
Total consolidated assets increased 8.9% to P3.6 trillion, further cementing Metrobank’s standing as the country’s second-largest private universal bank, while total equity grew 7.2% to P407.6 billion.
