GT Capital sees 2025 record profit

GT Capital Holdings is expecting to hit a record profit for 2025 after its banking and automotive units helped achieve a 21-percent rise in January to September core earnings.

In a statement on Friday, company president Carmelo Maria Luza Bautista said the group realized this profit growth despite the local economy seeing its slowest pace yet in four years during the last quarter.

“Loan growth and continued motorization drove the businesses of our main operating companies,” Bautista said.

Although persistent market challenges here and abroad have begun weighing down economic activities, Bautista was still confident about the group’s operations.

“Nonetheless, our growth momentum should allow us to post record earnings for 2025, backed by strong fundamentals—healthy consumer demand from seasonal spending, manageable inflation, lower interest rates and steady overseas Filipino worker remittances,” he added.

“These factors position us well to sustain our momentum for long-term growth,” Bautista said.

Metropolitan Bank & Trust Co. had record net earnings of P37.3 billion during the period, on the back of loan growth.

Metrobank’s net interest income rose 7.1 percent to P91.8 billion. Gross loans also expanded by 10.8 percent, while total deposits edged higher by 7.6 percent.

Non-interest income also rose by 5.3 percent to P25.4 billion. Operating costs went up by 1.7 percent.

Automotive

Toyota Motor Philippines (TMP), meanwhile, also posted a strong January to September growth at P16.8 billion, up 38 percent. Consolidated revenues also climbed 11.6 percent to P199.6 billion.

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According to GT Capital, TMP remained a leader in the Philippine automotive market, securing a 45.6 percent share during the period. TMP retail sales reached 164,797 units, up 3.6 percent.

Federal Land NRE Global Inc., its joint venture with Japan’s Nomura Real Estate Development Co. Ltd., recorded a 25-percent growth in sales.

GT Capital associate Metro Pacific Investments Corp. also saw a double-digit growth in core profit at P23.6 billion.

Meanwhile, AXA Philippines Life and General Insurance’s net income inched up by 3.5 percent to P2.1 billion.