Monday, February 5, 2018

Metropolitan Bank & Trust Company (MBT)

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For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Metropolitan Bank & Trust Company (MBT)
Sector
Financials
Incorporation Date
Apr 06, 1962
Subsector
Banks
Number of employees
12,916 (Group Total)
Board of Directors
Chairman: Arthur Ty, Vice Chairman: Francisco C. Sebastian
Website / E-mail
http://www.metrobank.com.ph / investor.relations@metrobank.com.ph
2. Stock Information
Total Assets
1,990,530,000,000
Market Capitalization
298,936,241,884.00
Total Liabilities
1,768,552,000,000
Outstanding Shares
3,180,172,786
Retained Earnings
113,564,000,000
Listed Shares
3,180,172,786
Listing Date
Feb 26, 1981
Issued Shares
3,180,172,786
Board Lot
10
Free Float Level (%)
48.98%
Par Value
20.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
GT CAPITAL HOLDINGS, INC
PCD NOMTNEE - (NON-FILIPINO)
PCD NOMTNEE - (FILIPINO)
GRANO TITAN CAPITAL HOLDINGS
PHILIPPINE SECURITIES CORP
36.09%
31.13%
14.68%
4.03%
3.76%
4. Company Descriptions and Business Development
Notes
1. Related companies: GTCAP, MBT, PSB, FMETF
2. Arthur Ty(son), Alfred Ty(son, director), Zandra M. Ty(First VP, Daughter-in-law) of Arthur Ty.
Overview
The Bank opened its first office in Binondo, Manila on September 5, 1962 to serve Filipino-
Chinese community. In 1975, the Bank rolled out its first international branch in Taipei, followed by offices in New York, Guam, Hong Kong, and Tokyo towards the early 1980s. On August 21, 1981, it is granted a universal banking license by the Bangko Sentral ng Pilipinas (BSP). Metrobank offers a complete range of commercial and investment banking services. The Bank provides investment banking services through First Metro Investment Corporation (FMIC) and retail banking through the Bank and its subsidiaries Philippine Savings Bank (PSBank) and Metrobank Card Corporation (MCC). It has 704 branches and several overseas remittance centers as of 2016.

Revenue contribution in 2016
Consumer
Corporate
Investment
Treasury
Branch banking
Others
19,426
14,342
643
15,039
20,381
8,340
24.85%
18.35%
0.82%
19.24%
26.07%
10.67%

The net interest income derived from lending, investment and borrowing activities represents 67.51% in 2016.  Other operating income (consisting of service charges, fees and commissions; net trading and securities gains; net foreign exchange gain; etc) ) and share in net income of associates and a joint venture account for 32.49%,

Subsidiaries / Associates / Affiliates / Joint Ventures
First Metro Investment Corporation (FMIC)
FMIC is the investment banking arm of the Metrobank Group. After it merged Solidbank Corporation, it changed its name to First Metro Investment Corporation. The Company is a 99.24% owned subsidiary of Metrobank. It has several subsidiaries and associates such as First Metro Save and Learn Equity Fund, Inc. (SALEF), First Metro Securities Brokerage Corporation (FMSBC), Lepanto Consolidated Mining Company (LCMC, 14.33%), First Metro Philippine Equity Exchange Traded Fund, Inc. (FMETF), etc.  FMETF, 46.16% owned by FMIC, is now traded in PSE.
Philippine Savings Bank (PSB)
PSBank was incorporated on June 30, 1959 to primarily engage in savings and mortgage banking. PSBank is a 82.68% owned subsidiary of Metrobank.
Metrobank Card Corporation (MCC, 80%)
Metrobank Card Corporation (MCC) was established in August 1985, known then as Unibancard Corporation. Its maiden product, Unicard, was locally accepted card but became an internationally recognized credit card when it rode on the MasterCard scheme in 1994 and the Visa scheme in 1998.
MBT has several associates such as SMBC Metro Investment Corp., Northpine Land, Inc., Taal Land, Inc.

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