Metrobank posts income of PHP12.6 billion in 1Q26
Metropolitan Bank & Trust Co. (Metrobank) reported a net income of PHP12.6 billion in the first quarter of 2026 driven by modest asset expansion alongside better margins and healthy fee income growth. “Our first quarter results underscore the resilience of Metrobank’s core businesses and the consistency of our execution. With strong capitalization, solid asset quality and healthy buffers, we remain well-positioned to manage risks while continuing to support the growth and funding needs of our customers," said Metrobank President Fabian S. Dee. The Bank’s net interest income rose by 13.6% to PHP33.4 billion, with net interest margin higher by 12 basis points to 3.7%. Gross loans grew by 9.2% year-on-year with corporate and commercial loans up 8.6% and consumer loan growth increasing by 11.2%, indicative of economic growth trends. Total deposits expanded to PHP2.6 trillion, with low-cost Current and Savings Accounts (CASA) rising by 8.4% year-on-year, accounting for 59.2%...