“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% of total deposits. The Bank continues to have sufficient capacity to support lending with loan to deposit ratio of 76.6%.
Meanwhile, fee and trust income jumped by 11.8% to PHP5.1 billion, mitigating the impact of volatile markets on trading income.
Operating costs grew by 9.8% to PHP21.1 billion, mainly driven by transaction related taxes and technology expenses. Cost to income ratio stood at 52.5%.
Metrobank’s portfolio health remains intact. Non-performing loans (NPL) ratio stood at 1.75% during the quarter, largely steady from end-2025 level and well below industry’s 3.44%, as of February 2026. NPL cover of 137.1% further provides a strong buffer against risks to asset quality.
Metrobank’s total consolidated assets expanded by 8.3% to PHP3.8 trillion, making it the second largest among private universal banks, in asset terms. Equity increased by 5.1% to PHP396.4 billion. The Bank’s capital position remains strong with Capital Adequacy Ratio of 14.9% and Common Equity Tier 1 (CET1) ratio of 14.2%, well above the BSP’s minimum regulatory requirements. Metrobank’s Liquidity Coverage Ratio (LCR) is also still high at 151.1%.
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