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Manila Bulletin devider Business devider The Stock Market devider Ty Family's GT Capital core profit hits ₱26 billion on unit strength

Ty Family's GT Capital core profit hits ₱26 billion on unit strength

Published Nov 14, 2025 10:52 am
GT Capital Holdings Inc. (GTCAP) reported a 21 percent surge in its nine-month core net income, driven by robust earnings from its banking arm, Metropolitan Bank & Trust Co. (Metrobank), and its automotive unit, Toyota Motor Philippines (TMP).
The conglomerate disclosed to the Philippine Stock Exchange on Friday, Nov. 14, that core net income for the January-to-September period reached ₱26 billion, boosted by strong contributions from Metrobank, TMP, and its associate Metro Pacific Investments Corp. (MPIC).
Metrobank’s net income for the first nine months stood at ₱37.2 billion, benefiting from steady loan growth, improving margins, solid trading income, and controlled cost growth. The bank’s gross loans during the period climbed 10.8 percent, while deposits rose 7.6 percent.
Total consolidated assets expanded 8.9 percent ₱3.6 trillion, which GTCAP stated “solidif[ied] its position as the second largest private universal bank in the country.”
Meanwhile, TMP reported a 38.1 percent rise in earnings to ₱16.8 billion, as consolidated revenues increased 11.6 percent to ₱199.6 billion.
“TMP’s solid performance is attributed to strong unit sales volume, model mix improvements, and the favorable foreign exchange environment,” GTCAP noted.
Retail sales marginally increased 3.6 percent to 164,797 units. The company introduced several new and electric vehicles in 2024, including the Corolla Cross HEV, Land Cruiser Prado, Lexus LBX, Lexus GX, a refreshed Camry, and the Next Generation Tamaraw.
MPIC also posted a double-digit increase in core net income to ₱23.6 billion, stemming from better financial and operational results across its portfolio, including higher contributions from Manila Electric Co. (Meralco), tariff increases at Maynilad Water Services Inc., and more patients across Metro Pacific Hospitals.
Federal Land NRE Global Inc. (FNG), on the other hand, posted a 26 percent increase in sales, driven by its flagship vertical project, The Observatory in Mandaluyong, which GTCAP said “continues to sell briskly, making it the company’s fastest-selling project in 2025,” and the first commercial district at Riverpark North, which “was fully sold out in May 2025.”
FNG is a joint venture between Federal Land Inc. and Japan’s Nomura Real Estate Development Co. Ltd.
Over the nine-month period, Federal Land reported a six percent spike in reservation sales to ₱12.6 billion, on the back of ready-for-occupancy developments in Pasay and in Bonifacio Global City in Taguig.
Meanwhile, AXA Philippines Life and General Insurance Corp. registered a marginal 3.5 percent net income growth to ₱2.1 billion, driven by better margins in both life and general insurance businesses.
The company’s premium revenue grew 19.8 percent to ₱27.1 billion, while its annualized premium equivalent increased 22.7 percent to ₱4 billion.

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