Metropolitan Bank & Trust Co. posted net income of PHP24.8 billion in the first half of 2025, driven by healthy loan growth, recovering margins, and strong trading performance. Pre-provision operating profit jumped 16.3% year-on-year to PHP39.1 billion.
“Our first half performance reflects the continuing strength of our core businesses,” said Metrobank President Fabian S. Dee. “We remain focused on building fundamentals and implementing prudent strategies to help clients grow and achieve our medium-term goals.”
Net interest income reached PHP60.0 billion, supported by sustained growth across segments and rebounding margins. Gross loans expanded 13.2% year-on-year, with institutional lending up 12.7% on rising corporate capital expenditures. Consumer loans surged 15.3%, led by credit card receivables growing 18.2% and auto loans climbing 17.8%.
The bank’s diversified revenue streams showed strong momentum as non-interest income soared 46.2% to PHP17.6 billion. Fee income hit PHP8.6 billion from expanding consumer business, while trading and foreign exchange gains reached PHP5.4 billion on strong customer flows and portfolio optimization. Meanwhile, operating costs rose a moderate 5.9%, improving the cost-to-income ratio to 50.0% from 52.3% a year earlier.
Asset quality continued strengthening as non-performing loans dropped to 1.5% of total loans from 1.7%, well below the industry’s 3.5% ratio. The bank maintained strong NPL coverage at 153.9% despite booking PHP5.8 billion in provisions during the period.
Total assets grew 6.0% to PHP3.5 trillion, keeping Metrobank as the second-largest private universal bank. Capital ratios remained robust at 16.3% for CAR and 15.6% for CET1, both exceeding regulatory minimums.
The solid performance earned multiple industry accolades, including Asian Banker’s “Best Managed Bank in the Philippines” and Euromoney’s “Best Bank for Large Corporates.” Metrobank also won the Cesar E.A. Virata Award for the 10th consecutive year, cementing its capital markets leadership.
With PHP2.3 trillion in deposits—including PHP1.5 trillion in low-cost CASA—and total equity of PHP390.7 billion, Metrobank maintains its strong market position heading into the second half.
