Metrobank 2023 net grows 29% to P42.2B

By Brix Lelis

Feb 23, 2024 12:18 am

TY-LED Metropolitan Bank & Trust Co. (Metrobank) on Thursday reported a 28.9-percent increase in net income last year to P42.2 billion from P32.8 billion a year earlier.

The solid performance was 'strongly driven by our asset expansion, higher margins, improving efficiency levels and better asset quality,' Metrobank President Fabian Dee said in a statement.

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