C07811-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 426,859,416 |
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Subject of the Disclosure |
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PSBank Nine-month Net Income up 18% at Php 3.37 Billion |
Background/Description of the Disclosure |
PSBank, the thrift banking arm of the Metrobank Group, registered a net income of Php 3.37 billion for the first nine months of 2023, up 18% year-on-year. Return on equity was higher at 11.7%. The results were driven by the continuous expansion of its core businesses, primarily from growth in the auto loan portfolio, complemented by effective expense management. |
Other Relevant Information |
Please see attachment. Thank you! |
Name | Venus Guillermo |
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Designation | Senior Accountant |