GT Capital Holdings, Inc. announced a record core net income of Php26.0 billion for the first nine months of 2025, marking a strong 21% year-on-year increase. The holding company’s outstanding performance was driven by the robust earnings contributions of its core operating companies, including Metropolitan Bank & Trust Company (Metrobank), Toyota Motor Philippines (TMP), and associate Metro Pacific Investments Corporation (MPIC).
Metrobank posted a record net income of Php37.3 billion, while Toyota Motor Philippines contributed Php16.8 billion to the Group’s results. GT Capital’s associate, MPIC, further bolstered the overall performance, reporting a core net income of Php23.6 billion for the nine months.
GT Capital President Carmelo Maria Luza Bautista attributed the success to supportive economic conditions and strong business fundamentals. “GT Capital’s performance was supported by the Philippine economy, which grew by 4% in the third quarter of 2025. Loan growth and continued motorization drove the businesses of our main operating companies,” Mr. Bautista stated. “As we enter the last quarter of the year, our growth momentum should allow us to post record earnings for 2025, backed by strong fundamentals — healthy consumer demand from seasonal spending, manageable inflation, lower interest rates, and steady Overseas Filipino Worker (OFW) remittances. These factors position us well to sustain our momentum for long-term growth.”
Metrobank’s record net earnings of Php37.3 billion were fueled by solid 10.8% year-on-year gross loan growth, improving margins, healthy trading income, and well-managed operating cost growth of only 1.7%. This resulted in pre-provision operating profit increasing by 12.1% year-on-year to Php59.2 billion.
The Bank’s net interest income grew by 7.1% to Php91.8 billion, benefiting from broad-based gains across business segments and sustained quarterly margin improvement. Total consolidated assets increased by 8.9% to Php3.6 trillion, cementing its position as the second-largest private universal bank in the country. Metrobank maintained robust asset quality, with a Non-Performing Loans (NPL) ratio of 1.7% and a high NPL cover of 147.4%. The Bank remains well-capitalized with a Capital Adequacy Ratio (CAR) of 17.0%.
The joint venture between GT Capital’s Federal Land, Inc. and Nomura Real Estate Development Co., Ltd. of Japan, Federal Land NRE Global, Inc. (FNG), reported 26% year-on-year growth in sales.
Contributing to this growth are:
- The Observatory in Mandaluyong, which has become the company’s fastest-selling vertical development project in 2025.
- The first commercial district at Riverpark North, which was fully sold out in May 2025. The Riverpark township expansion continues with upcoming developments like the UNIQLO Logistics Facility and SM City General Trias. Connectivity will be significantly enhanced by 2026 with direct access to the CALAX Open Canal Interchange.
- Federal Land also celebrated the inauguration of the first tower of The Grand Midori Ortigas.
- The Seasons Residences, developed in partnership with Isetan Mitsukoshi, began turnover of units for its second tower, Natsu, while MITSUKOSHI BGC, located at the podium, celebrated its second-year anniversary and was recognized as Best Retail Development at the Dot Property Philippines Awards 2025.
- Construction for The Estate Makati, a joint venture with SMDC and a Norman Foster project, is progressing smoothly toward completion by early 2027.
