GT Capital Holdings, Inc. today announced a significant 27% year-on-year increase in its core net income for the first quarter of 2025, reaching Php8.70 billion. Excluding non-recurring gains from lot sales, the holding company’s consolidated net income also saw a substantial rise of 29%, amounting to Php9.14 billion.
The impressive financial results were primarily fueled by the strong performance of GT Capital’s core operating companies. Metropolitan Bank & Trust Company (Metrobank) delivered a net income of Php12.3 billion in the first quarter of 2025, while Toyota Motor Philippines Corporation (TMP) achieved a remarkable 57.1% surge in net income to Php6.33 billion during the same period. Further bolstering GT Capital’s earnings was its associate, Metro Pacific Investments Corporation (Metro Pacific), which reported a record-setting net income of Php9.1 billion for the first quarter.
“We are pleased to report a strong first quarter, marked by exceptional financial and operational performance by our core subsidiaries,” said GT Capital President Carmelo Maria Luza Bautista.
“This positive momentum is driven by the continued strength of our automotive and financial services businesses, which remain our key engines for growth. With inflationary pressures easing, consumer spending exhibiting continued traction, and a stable foreign exchange outlook, we are well-positioned to sustain this upward trajectory. Notably, our first quarter results have surpassed the already record-setting performance during the same period in 2024, reinforcing our confidence in GT Capital’s strategic direction and growth outlook for the rest of 2025,” said Bautista.
The significant growth in core net income underscores the resilience and strategic effectiveness of GT Capital’s diverse portfolio of businesses. The strong contributions from Metrobank and TMP highlight their market leadership and operational efficiency, while the record performance of Metro Pacific further solidifies the strength of GT Capital’s investment portfolio.
GT Capital Holdings, Inc. (GTCAP) is a leading Philippine conglomerate with interests in market-leading businesses across banking, automotive, property development, power generation, and life insurance. Its subsidiaries include Metropolitan Bank & Trust Company (Metrobank), Toyota Motor Philippines Corporation (TMP), Federal Land, Inc., Metro Pacific Investments Corporation (MPIC), and AXA Philippines.