Metropolitan Bank & Trust Company (PSE: MBT)

PSE: MBT Balance Sheet

Financials in millions PHP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	108,533	193,648	181,941	146,195	280,522	192,961
Investment Securities	960,041	1,014,436	855,320	739,870	486,837	344,004
Trading Asset Securities	326,046	74,856	63,599	50,792	77,551	61,867
Total Investments	1,286,087	1,089,292	918,919	790,662	564,388	405,871
Gross Loans	1,680,531	1,585,200	1,473,544	1,302,736	1,302,791	1,437,338
Allowance for Loan Losses	-	-60,451	-60,302	-61,583	-64,100	-33,080
Other Adjustments to Gross Loans	-	-15,637	-13,538	-12,870	-14,996	-5,149
Net Loans	1,680,531	1,509,112	1,399,704	1,228,283	1,223,695	1,399,109
Property, Plant & Equipment	27,282	27,243	27,153	25,783	24,617	25,700
Goodwill	4,716	4,720	5,194	5,194	5,199	5,200
Other Intangible Assets	-	3,344	3,540	2,598	1,877	2,080
Investments in Real Estate	7,895	8,107	7,901	7,327	7,667	7,762
Accrued Interest Receivable	-	20,895	15,788	12,399	13,727	13,105
Other Receivables	-	15,970	9,990	9,013	11,939	13,590
Restricted Cash	187,315	207,807	252,628	253,257	147,755	182,069
Other Current Assets	-	2,566	2,358	2,239	37,719	64,438
Long-Term Deferred Tax Assets	15,478	14,171	13,362	13,094	14,028	10,512
Other Real Estate Owned & Foreclosed	-	826	598	717	1,527	1,093
Other Long-Term Assets	17,228	4,880	3,399	4,174	117,589	125,707
Total Assets	3,335,065	3,104,902	2,843,090	2,502,816	2,455,163	2,450,813
Accounts Payable	-	27,490	22,660	19,329	19,737	17,226
Accrued Expenses	-	12,483	10,180	8,381	7,415	6,583
Interest Bearing Deposits	2,284,439	2,382,772	2,221,124	1,930,284	1,797,215	1,714,144
Total Deposits	2,284,439	2,382,772	2,221,124	1,930,284	1,797,215	1,714,144
Short-Term Borrowings	12,657	16,865	16,865	8,349	13,465	7,427
Current Portion of Long-Term Debt	-	180,567	108,966	79,839	158,565	230,170
Current Portion of Leases	-	1,463	1,491	1,367	1,051	779
Current Income Taxes Payable	5,544	3,601	1,478	1,749	2,711	4,188
Accrued Interest Payable	21,820	7,302	3,776	1,477	1,734	3,916
Other Current Liabilities	7,172	40,092	41,789	39,608	33,425	36,892
Long-Term Debt	527,574	46,418	71,934	71,486	73,613	98,849
Long-Term Leases	-	4,301	4,170	3,717	2,871	3,259
Long-Term Unearned Revenue	-	1,511	1,273	1,158	1,304	1,486
Pension & Post-Retirement Benefits	-	2,698	72	57	214	938
Long-Term Deferred Tax Liabilities	-	-	-	-	-	108
Other Long-Term Liabilities	85,065	10,601	9,222	8,284	8,668	6,357
Total Liabilities	2,944,271	2,738,164	2,515,000	2,175,084	2,121,988	2,132,322
Common Stock	89,948	89,948	89,948	89,948	89,948	89,948
Additional Paid-In Capital	85,252	85,252	85,252	85,252	85,252	85,252
Retained Earnings	220,793	207,648	178,987	159,702	155,542	146,252
Treasury Stock	-	-70	-72	-70	-65	-72
Comprehensive Income & Other	-15,855	-26,113	-35,607	-16,327	-6,473	-11,826
Total Common Equity	380,138	356,665	318,508	318,505	324,204	309,554
Minority Interest	10,656	10,073	9,582	9,227	8,971	8,937
Shareholders' Equity	390,794	366,738	328,090	327,732	333,175	318,491
Total Liabilities & Equity	3,335,065	3,104,902	2,843,090	2,502,816	2,455,163	2,450,813
Total Debt	540,231	249,614	203,426	164,758	249,565	340,484
Net Cash (Debt)	-105,652	18,890	42,114	32,229	108,508	-85,656
Net Cash Growth	-	-55.15%	30.67%	-70.30%	-	-
Net Cash Per Share	-23.50	4.20	9.37	7.17	24.13	-19.05
Filing Date Shares Outstanding	4,497	4,496	4,496	4,496	4,496	4,496
Total Common Shares Outstanding	4,497	4,496	4,496	4,496	4,496	4,496
Book Value Per Share	84.52	79.33	70.84	70.84	72.10	68.84
Tangible Book Value	375,422	348,601	309,774	310,713	317,128	302,274
Tangible Book Value Per Share	83.48	77.53	68.90	69.11	70.53	67.22

Source: S&P Capital IQ. Banks template. Financial Sources.