|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||18.57 - 18.57|
|52 Week Range||13.48 - 19.84|
|Beta (5Y Monthly)||0.78|
|PE Ratio (TTM)||14.74|
|Forward Dividend & Yield||1.65 (8.86%)|
|Ex-Dividend Date||Mar 03, 2021|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Metropolitan Bank & Trust Company and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service has assigned (P)Baa2 long-term foreign and local currency senior unsecured ratings to the long-term senior unsecured component of Metropolitan Bank & Trust Company's (MBT, Baa2 stable, baa2) USD2 billion medium-term note (MTN) program. The (P)Baa2 ratings assigned to the senior unsecured component of the MTN program are in line with MBT's Baa2 foreign and local currency deposit ratings, and reflect the bank's baa2 baseline credit assessment (BCA) and Moody's expectation of a very high probability of support from the Government of the Philippines (Baa2 stable) in times of need. Asset risk for MBT is rising because of the coronavirus outbreak, but Moody's expects its asset quality to remain robust, underpinned by a loan composition that is weighted toward financially sound corporates.