Metropolitan Bank and Trust Company
SWOT analysis details
Strengths
Strong market position in the Philippines banking market
Metrobank is one of the three largest banks in the Philippines. Metrobank currently spans a consolidated network of over 1,400 ATMs nationwide; over 760 domestic branches; and 38 foreign branches, subsidiaries, and representative offices. The bank's customer base covers a cross section of the top Philippine corporate market, but has always been particularly strong in the middle market corporate sector of the economy, a significant proportion of which consists of Filipino-Chinese business. It provides investment banking services through First Metro Investment Corporation (FMIC) and retail banking through Philippine Savings Bank (PSBank). Metrobank is also a major participant in the foreign exchange market in the Philippines. Strong market position in the Philippines banking market provides economies of scale benefits.
Efficient management improves profitability
Metrobank's profitability is recording growth since FY2008. Over the period 2008-11, the bank's operating profit increased at a compound annual growth rate (CAGR) of 12.3% to PHP48,980 million ($1,131.4 million) from PHP34,555.2 million ($798.2 million). The operating profit margin of Metrobank increased to 32.4% in FY2011, as compared to from 23.4% in FY2008. Similarly, Metrobank's net profit over the period 2008-11, increased at a CAGR of 35.8% to PHP11,031 million ($254.8 million) from PHP4,407.9 million ($101.8 million). The bank's net profit margin increased to 22.5% in FY2011, as compared to 12.8% in FY2008. Efficient management leads to increase in the bank's profitability.
Strong capital adequacy provides financial strength
Metrobank's capital adequacy strengthened over the period 2008-11. The company's Tier 1 capital ratio increased to 13.7% in FY2011 as compared to 10% in FY2008. Similarly, its total capital ratio increased to 17.4% as compared to 13.4% in FY2008. As per the regulatory requirements of
Strengths
Strong market position in the Philippines banking market
Metrobank is one of the three largest banks in the Philippines. Metrobank currently spans a consolidated network of over 1,400 ATMs nationwide; over 760 domestic branches; and 38 foreign branches, subsidiaries, and representative offices. The bank's customer base covers a cross section of the top Philippine corporate market, but has always been particularly strong in the middle market corporate sector of the economy, a significant proportion of which consists of Filipino-Chinese business. It provides investment banking services through First Metro Investment Corporation (FMIC) and retail banking through Philippine Savings Bank (PSBank). Metrobank is also a major participant in the foreign exchange market in the Philippines. Strong market position in the Philippines banking market provides economies of scale benefits.
Efficient management improves profitability
Metrobank's profitability is recording growth since FY2008. Over the period 2008-11, the bank's operating profit increased at a compound annual growth rate (CAGR) of 12.3% to PHP48,980 million ($1,131.4 million) from PHP34,555.2 million ($798.2 million). The operating profit margin of Metrobank increased to 32.4% in FY2011, as compared to from 23.4% in FY2008. Similarly, Metrobank's net profit over the period 2008-11, increased at a CAGR of 35.8% to PHP11,031 million ($254.8 million) from PHP4,407.9 million ($101.8 million). The bank's net profit margin increased to 22.5% in FY2011, as compared to 12.8% in FY2008. Efficient management leads to increase in the bank's profitability.
Strong capital adequacy provides financial strength
Metrobank's capital adequacy strengthened over the period 2008-11. The company's Tier 1 capital ratio increased to 13.7% in FY2011 as compared to 10% in FY2008. Similarly, its total capital ratio increased to 17.4% as compared to 13.4% in FY2008. As per the regulatory requirements of