PSBank Registers 1Q 2025 Net Income of P1.2 Billion

PSBank, the thrift banking arm of the Metrobank Group, reported a net income of P1.21 billion in the first quarter of 2025, up by 1% compared to the same period last year, driven by sustained lending and effective expense management. 

Core revenues—which include net interest income, service fees, and commissions— grew by 9% to P3.81 billion, up from P3.49 billion in the same period last year. Operating expenses were lower by 3% as the Bank continued to benefit from improved productivity and operational efficiency.

Total gross loans expanded to P152 billion as of March 2025, marking a 19% year-on-year increase, propelled by growth in auto, mortgage, and small-to-medium enterprise (SME) lending. Asset quality remained healthy, with the Bank’s gross non-performing loans (NPL) ratio improving to 2.6% from 3.4% in Q1 2024.

Total assets stood at P222 billion, while total deposits and capital reached P170 billion and P45 billion, respectively. PSBank’s capital adequacy ratio of 23.5% and Common Equity Tier 1 ratio of 22.4% remain well above the regulatory minimum set by the Bangko Sentral ng Pilipinas and are among the highest in the industry.

“Consumer loan demand has remained high and as long as economic conditions continue to be stable, we are optimistic to capitalize on this trend in the coming months," said PSBank President Jose Vicente Alde.

PSBank was also recently recognized with Silver Anvil Award for its online video campaign and a Bronze Stevie® Award for its 2023 Annual Report—affirming the Bank’s commitment to excellence in communication and stakeholder engagement.