Manila: Metropolitan Bank and Trust Co. (Metrobank): Metrobank reported a net income of PHP12.6 billion for the first quarter of 2026, attributing the growth to modest asset expansion, improved margins, and a healthy increase in fee income.

According to Philippines News Agency, Metrobank's net interest income experienced a 13 percent rise, reaching PHP33.4 billion. This growth was supported by a 9.2 percent increase in gross loans, with corporate and commercial loans rising by 8.6 percent and consumer loans by 11.2 percent, signaling positive economic growth trends.

The bank's total deposits expanded to PHP2.6 trillion, with low-cost Current and Savings Accounts (CASA) growing by 8.4 percent and accounting for 59.2 percent of total deposits. Additionally, fee and trust income saw an 11.8 percent increase, amounting to PHP5.1 billion, which helped cushion the impact of volatile markets on trading income.

Metrobank's operating costs rose by 9.8 percent to PHP21.1 billion, primarily due to transaction-related taxes and technology expenses. Despite the increase in expenses, the bank maintained a non-performing loans (NPL) ratio of 1.75 percent, significantly lower than the industry's average of 3.44 percent as of February 2026.

The bank's total consolidated assets grew by 8.3 percent to PHP3.8 trillion, positioning Metrobank as the second largest among private universal banks in asset terms. Metrobank President Fabian Dee emphasized the resilience of the bank's core businesses and its readiness to manage risks while supporting the growth and funding needs of its customers.