Metropolitan Bank & Trust Co. (Metrobank) on Tuesday reported a record-high net income of P37.3 billion in the first nine months of 2025, led by strong loan expansion, improving margins and disciplined operating expenses.
The country’s second-largest private universal bank saw its pre-provision operating profit rise 12.1 percent year-on-year to P59.2 billion during the period.
“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 Dee in a disclosure to the stock exchange.
“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,” Dee said.
The bank’s net interest income increased 7.1 percent to P91.8 billion, supported by broad-based gains across business segments and sustained quarterly margin improvements.
Gross loans expanded 10.8 percent year-on-year to P1.9 trillion, with consumer loans up 15.8 percent and institutional loans higher by 9.5 percent.
Total deposits climbed 7.6 percent to P2.5 trillion, of which P1.5 trillion were low-cost current and savings accounts (CASA). The bank’s loan-to-deposit ratio stood at 76.6 percent.
Non-interest income rose 5.3 percent to P25.4 billion in the nine-month period, on steady growth in service fees and trust income. Trading and foreign exchange gains jumped 18 percent to P6.6 billion due to stronger customer flows and effective investment securities management.
Operating expenses inched up by 1.7 percent year-on-year, bringing the cost-to-income ratio down to 49.8 percent from 52.2 percent in the same period last year.
Metrobank’s non-performing loan (NPL) ratio stood at 1.7 percent. Year-to-date loan loss provisions stood at P8.7 billion, maintaining an NPL coverage of 147.4 percent.
Meanwhile, total consolidated assets rose 8.9 percent to P3.6 trillion, while total equity grew 7.2 percent to P407.6 billion, reinforcing Metrobank’s position.
