The Metrobank Group is a premier financial conglomerate with a diversified portfolio and a track record spanning over 60 years. It offers a wide range of banking and other financial products and services including institutional and consumer banking, investment banking, leasing and financing, and bancassurance.
Metrobank’s extensive network is well-positioned to serve the country’s growing economy, with 940+ branches and 2,300+ automated teller machines (ATMs) nationwide. It also has an international network that can be found across Asia, the Americas, and Europe.
Net Income
₱32.8
BILLION
Net Loans and Receivables
+15%
YOY
Net Interest Margin
3.6
Percent
Operating costs
+3%
YOY
We continued to deliver strong results as we end 2022 with a 48% year-on-year increase in our net income to PHP32.8 billion on the back of better corporate and consumer lending businesses, healthy fee income, subdued operating expense growth and lower provisions on stable asset quality. Our net interest income jumped by 14% fueled by higher loan demand and better net interest margin of 3.6%. Meanwhile, the modest growth in our non-interest income was supported by a 12% increase to PHP23.5 billion in fees and other income. Operating expense growth was controlled at just 3% to PHP61.0 billion, bringing down our cost to income ratio to 54% from 59% in 2021. This helped drive the 24% rise in our pre-provision operating profit to PHP52.0 billion in 2022.
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Learn moreMetrobank is listed on the Philippine Stock Exchange with the ticker symbol MBT. Learn more about its total outstanding shares, share price performance, and who the Top 100 stockholders are.
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