Insider Spotlight
The lender reported net income of P24.9 billion for the first six months of 2026, as net interest income rose 12.8 percent to P67.7 billion and gross loans expanded 12.4 percent from a year earlier.
“The operating environment remained challenging in the first half, requiring us to stay disciplined and focused,” Metrobank president Fabian Dee said in a statement on Friday.
“Our results reflect the strength of Metrobank’s core businesses, the continued trust of our clients, and our prudent approach to balancing growth and risk," he added.
Corporate and commercial loans grew 12.8 percent, while consumer lending increased 11.1 percent, driven by credit card and housing loans.
Deposits climbed 10.4 percent to P2.6 trillion, while fee and trust income rose 9.3 percent to P10 billion, partly offsetting weaker trading income amid volatile financial markets.
Higher provisions
Metrobank increased provisions by 26.8 percent even as its non-performing loan ratio remained at 1.8 percent, well below the banking industry’s 3.4 percent, keeping NPL coverage at 133.3 percent.
Total assets expanded 12.7 percent to P3.9 trillion, while equity rose 4.9 percent to P409.7 billion.
The bank’s capital and liquidity ratios remained comfortably above regulatory minimums, with a capital adequacy ratio of 14.9 percent and a liquidity coverage ratio of 150.1 percent.
—Edited by Miguel R. Camus
