In a robust display of financial strength, Philippine Savings Bank (PSBank), the thrift banking powerhouse of the Metrobank Group, announced a net income of ₱2.16 billion for the first half of 2025.
This stellar performance, fueled by the unwavering growth of its core businesses and a sharp focus on operational efficiency, paints a picture of a bank thriving in a competitive and rapidly evolving market.
The bank’s strategic emphasis on customer-centric services and digital transformation appears to be paying off. A significant driver of this success was the healthy demand across both consumer and small and medium-sized enterprise (SME) lending segments. This demand propelled PSBank’s loan book to a remarkable ₱153 billion, marking a substantial 16% year-on-year growth as of June 2025.
This expansion highlights the bank’s crucial role in empowering Filipinos and local businesses, providing them with the capital needed to fuel their ambitions.
A strong foundation and strategic growth
PSBank’s core revenues, which include net interest income and service fees and commissions, climbed by a healthy 7% year-on-year to ₱7.47 billion. This growth, coupled with a disciplined approach to cost management, saw operating expenses decrease by 2% to ₱4.54 billion. This impressive combination of revenue growth and cost reduction led to a 6% increase in pre-provision operating profit, reaching ₱3.35 billion.
The bank’s prudent financial management is further evidenced by its robust asset quality. Despite the significant expansion of its loan portfolio, PSBank maintained a gross non-performing loan (NPL) ratio of just 3.1%, a figure that not only showcases its rigorous lending standards but also stands lower than the Philippine banking industry average of 3.4% as of May 2025. This strong performance underscores the bank’s commitment to sustainable growth.
PSBank is an industry trailblazer in innovative and future-ready banking and is the country’s consumer and retail bank of choice for more than 60 years. Its primary objective of delivering quality customer service, simplified processes, quick credit decisions, and consumer-focused products is underscored by a clear promise: “Simple Lang, Maaasahan“(Simple and Reliable).
Unwavering stability and future-ready vision
PSBank’s total resources reached an impressive ₱224 billion, with total deposits standing at ₱171 billion by mid-2025. These figures demonstrate the high level of public trust and confidence the bank has earned over its more than six decades of service.
The bank’s financial resilience is further solidified by its robust capital position. Total capital improved to ₱46 billion, with a capital adequacy ratio of 24.6% and a Common Equity Tier 1 ratio of 23.5%. Both figures are well above the regulatory minimum set by the Bangko Sentral ng Pilipinas and rank among the highest in the industry, providing a strong buffer against potential economic volatility.
In a ringing endorsement of its stability and management, the Philippine Rating Services Corporation (PhilRatings) recently assigned PSBank the highest possible Issuer Credit Rating of PRS Aaa (corp.) with a Stable Outlook. This top-tier rating reflects the bank’s solid market position, strong capitalization, and a positive outlook for its core market, reinforcing its reputation as a safe and reliable financial partner.
“As we enter the second half of the year, we remain committed to meeting our customers’ evolving needs by delivering innovative financial solutions in an increasingly competitive market,” said PSBank President Jose Vicente Alde.
This forward-looking statement is supported by recent strategic moves, including the successful and oversubscribed bond offering. The issuance, which closed ahead of schedule as the total order book exceeded the initial offer size by six times within just one day, provides the bank with access to long-term funding. These funds will be used to support expansion initiatives and further diversify its funding sources, ensuring PSBank remains a key player in the Philippine banking landscape for years to come.
