Metrobank’s 2023 profit up 29% on higher rates

METROPOLITAN Bank & Trust Co. (Metrobank) saw its attributable net profit increase by 28.87% year on year in 2023 amid increased interest income from loans due to higher rates and better asset quality. The bank ended 2023 with an attributable net income of P42.238 billion, rising from P32.776 billion in 2022, its quarterly report filed […]

Metrobank’s 2023 profit up 29% on higher rates
METROPOLITAN Bank & Trust Co. (Metrobank) saw its attributable net profit increase by 28.87% year on year in 2023 amid increased interest income from loans due to higher rates and better asset quality. The bank ended 2023 with an attributable net income of P42.238 billion, rising from P32.776 billion in 2022, its quarterly report filed […]