Metropolitan Bank & Trust Co. (Metrobank) announced a record ₱37.3 billion in net earnings in the first nine months of the year, a 4.3 percent increase from 2024, driven by strong loan growth, improved margins, and healthy trading income. In a disclosure to the Philippine Stock Exchange, the bank...
The Ty family’s investment arm, GT Capital Holdings, Inc., expects to sustain its strong growth trajectory as it reported a 31 percent jump in core net income to ₱18.11 billion due to the record performances of Metrobank, Toyota, and Metro Pacific. In a disclosure to the Philippine Stock...
Metropolitan Bank & Trust Co. (Metrobank) of the Ty family booked a 5.1-percent improvement in net income to ₱24.8 billion in the first half of the year, from ₱23.6 billion in the same period of 2024, fueled by a surge in non-interest earnings from fees and trading and foreign exchange (forex)...
BancNet Inc. has reelected Nestor V. Tan as Chairman of the Board and Fabian S. Dee as President for the 2025-2026 term, signaling continuity in its leadership as the electronic banking consortium reported robust operational and financial growth in 2024. Tan, who also serves as president and CEO of...
Metrobank President Fabian S. Dee Metropolitan Bank & Trust Company booked ₱12.3 billion in the first quarter of the year, driven by higher loans and non-interest earnings. In a statement, the bank said earnings improved from ₱12 billion in the first quarter of 2024 as its pre-provision...
Ty-led Metropolitan Bank & Trust Co. (Metrobank) reported a 14 percent year-on-year increase in net income to a record ₱48.1 billion in 2024, driven by loan growth fueled by robust asset expansion and improving asset quality. In a disclosure to the Philippine Stock Exchange, the bank said...
Ty-led Metropolitan Bank & Trust Co. (Metrobank), the country’s second-largest bank, registered a 12.4 percent improvement in net income to a record P35.7 billion in the first nine months of 2024 compared to the same period a year ago. In a disclosure to the Philippine Stock Exchange, the...
The Ty family’s Metropolitan Bank & Trust Co. (Metrobank) reported a 13 percent growth in net income to a record P23.6 billion in the first semester of 2024 from the P20.9 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the Banks said profit...
Metropolitan Bank & Trust Co. (Metrobank), the Ty family’s banking arm, has successfully raised $1 billion from its offering of a dual tranche, five-year and 10-year US dollar-denominated notes. In a disclosure to the Philippine Stock Exchange (PSE), the bank boasted that “this issuance...
Metropolitan Bank & Trust Co. (Metrobank), the banking arm of the Ty Group, reported a 28.9 percent growth in net income to a record P42.2 billion as total consolidated assets expanded by 9.2 percent to P3.1 trillion in 2023. “Our solid performance in 2023 was strongly driven by our asset...
GT Capital Holdings Inc., the Ty family conglomerate, reported that its consolidated net income rose 54 percent to P23.09 billion in the first nine months of 2023 from the P14.95 billion earned in the same period last year, boosted by its banking and automotive businesses. In a disclosure to the...
Driven by its bank and automotive units, GT Capital Holdings Inc., the Ty family’s investment arm, doubled its net earnings in the first half of the year to P16.58 billion from P8.3 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said core net...