Metrobank net income up 61%

By Mayvelin U. Caraballo

Feb 25, 2022 12:11 am

METROPOLITAN Bank and Trust Co. (Metrobank) posted a 61-percent increase in its full-year net income in 2021 as a result of strong fourth-quarter earnings.

The Ty-led lender announced in a disclosure on Thursday that it netted P22.2 billion last year, which is 60.86 percent higher than the P13.8-million profit it made in 2020.

Metropolitan Bank and Trust Co. netted P22.2 billion last year. Photo shows the Metrobank Building along Makati Avenue in Makati. PHOTO BY ENRIQUE AGCAOILI

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