Metropolitan Bank & Trust Co. (Metrobank) reported a net income of ₱12.6 billion in the first quarter of 2026, supported by steady loan growth, higher margins, and stronger fee-based income.
Net interest income grew 13.6% to ₱33.4 billion, while net interest margin improved to 3.7%. Gross loans expanded 9.2% year on year, with corporate and commercial lending up 8.6% and consumer loans growing faster at 11.2%, reflecting rising demand from businesses and households.
“Our first quarter results underscore the resilience of Metrobank’s core businesses and the consistency of our execution,” said Fabian Dee, president of Metrobank. “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.”
Deposits reached ₱2.6 trillion, with low-cost current and savings accounts (CASA) increasing 8.4% and making up 59.2% of total deposits. The bank maintained a loan-to-deposit ratio of 76.6%, indicating enough liquidity to fund further lending.
Fee and trust income climbed 11.8% to ₱5.1 billion, helping offset weaker trading income due to market volatility. Operating expenses grew 9.8% to ₱21.1 billion, because of higher transaction taxes and continued investment in technology. Cost-to-income ratio stood at 52.5%.
Asset quality remained stable, with non-performing loan (NPL) ratio at 1.75%, below the industry average of 3.44% as of February 2026. The bank’s NPL cover was at 137.1%, providing a buffer against potential credit risks.
Total assets grew 8.3% to ₱3.8 trillion, keeping Metrobank among the largest private universal banks in the Philippines. Equity increased to ₱396.4 billion. Capital Adequacy Ratio stood at 14.9% and Common Equity Tier 1 ratio at 14.2%, both above Bangko Sentral ng Pilipinas requirements. Liquidity Coverage Ratio remained strong at 151.1%.