PSBank, the thrift banking arm of the Metrobank Group, reported a net income of PhP 1.21 billion for the first quarter of 2025, a 1% increase from the same period last year. The modest rise was driven by sustained loan growth and disciplined cost management.
Core revenues—including net interest income, service fees, and commissions—rose 9% to PhP 3.81 billion, up from PhP 3.49 billion in Q1 2024. Meanwhile, operating expenses declined by 3%, reflecting gains in productivity and operational efficiency.
The Bank’s total gross loan portfolio expanded to PhP 152 billion as of March 2025, marking a 19% year-on-year growth. This was fueled by strong demand in auto, mortgage, and small- to medium-sized enterprise (SME) lending.
Asset quality also improved, with the gross non-performing loan (NPL) ratio dropping to 2.6%, down from 3.4% a year earlier. PSBank’s total assets reached PhP 222 billion, while deposits stood at PhP 170 billion and total capital at PhP 45 billion.
Capital ratios remained robust, with the Bank posting a capital adequacy ratio of 23.5% and a Common Equity Tier 1 (CET1) ratio of 22.4%—both well above the regulatory minimums set by the Bangko Sentral ng Pilipinas and among the highest in the industry.
“Consumer loan demand has remained high, and as long as economic conditions remain stable, we are optimistic about sustaining this momentum in the coming months,” said PSBank President Jose Vicente Alde.
Further underscoring its commitment to stakeholder engagement and communications excellence, PSBank recently received a Silver Anvil Award for its online video campaign and a Bronze Stevie® Award for its 2023 Annual Report.
