Other News Articles

Capital Notes January-March 2013

First Metro Investment posts 2.3 billion income in the first quarter of 2013

First Metro Annual Stockholders' Meeting

GT Capital's P21.567 billion IPO wins Deal of the Year

First Metro dominates PDS awards 2012

Team UP-Cebu leads collegiate stock market challenge

FirstMetroSec brings Philippine companies to the DBSVickers Pulse of Asia Conference in Singapore

First Metro Investment posts P3.3 billion income in 2012

Roubini speaks at the Philippine Investment Summit 2013

First Metro wins fourth consecutive Best Bond House award

Philippines on the Rise

Capital Notes October-December 2012

RP lists USD500 million Onshore Dollar Bonds

First Metro brings Nouriel Roubini at the PH Investment Summit

Rockwell Land Php 10.0 Billion Corporate Notes

First Metro Investment wins fourth consecutive Best Bond House Award

First Metro Investment Capital Markets forum

First Metro, Puregold sign P5-B Notes Facility Agreement

First Metro Investment ends the 3rd quarter with a P2.6 billion income

FirstMetroSec, DBS Vickers sign research collaboration

Stock X Challenge 3 kicks off

First Metro intends to delist

FirstMetroSec, DBS Vickers sign research collaboration

First Metro Bigay Liwanag 2012

Capital Notes July-September 2012

First Metro wins PIFA awards anew

Metrobank, First Metro arrange CIRTEK Corporate Notes

First Metro Investment cited as Best Equity House

First Metro Investment lists P7 billion Fixed Rate Corporate Bonds on PDEx

First Metro wins nine PIFA awards

First Metro Investment posts P1.9 billion income at the end of 1H 2012

First Metro Bigay Liwanag 2012

First Metro steps-up nationwide capital markets awareness campaign

First Metro Investment cited as Best Equity House in the Philippines

Regional schools barge into Stock X Challenge Top 10

Stock X Challenge winner

Philippines upgrades says First Metro Investment

First Metro Investment wins corporate governance award anew

First Metro President recognized by Chiang Kai Shek College

First Metro Investment’s income up 127% in the first quarter of 2012

P323.4 billion Domestic Debt Consolidation Program deal managed by First Metro won The Banker’s Deal of the Year

First Metro Investment Corporation Annual Stockholders Meeting

First Metro bags PDS Group awards

GT Capital Holdings, Inc. Initial Public Offering

UP dominates Stock X Challenge

Capital Notes January-March 2012

The Asset awards First Metro Investment as Best Domestic Bond House in the country

Stock X Challenge: Winning Techniques

First Metro-managed funds continue strong performance

First Metro, Metrobank lead the signing of the Meralco Notes Facility Agreement

Economic outlook briefing

Philippines upgrades says First Metro Investment

First Metro Inspires, Cares

Capital Notes October-December 2011

First Metro kicks-off “Stock X Challenge”

First Metro Investment is Best Bond House anew

FirstMetroSec V2.0 launched with iPAD application

First Metro Lists at PDEx

First Metro Investment Corporation lists P5-B Fixed Rate Corporate Bonds on PDEx

First Metro Investors Center in Cebu

First Metro-PSE-CEAP Stock X Challenge Portfolio Management Seminar

First Metro P5-B Corporate Bonds

First Metro inaugurates Investors Center in Cebu City

First Metro Investment posts P1.8 billion income at the end of Q3 2011

First Metro Investment Summit

Metrobank, First Metro arrange PH investment summit

Metrobank, First Metro Arranged Pancake House Corporate Notes

First Metro 'Bigay Liwanag' in Makati

First Metro, Mitsui MOA for Toyota Dealership

First Metro Investment signs MOA with Mitsui for nationwide Toyota dealership

Best Bond House in the Philippines

First Metro brings back collegiate stock trading competition

Bigger, more exciting Stock X Challenge expected

First Metro Save & Learn Funds take home nine PIFA awards

First Metro wins corporate governance award

First Metro Investment is Best Bond House in the Philippines

Beacon Electric Asset Holdings P11-B Corporate Notes

First Metro sees return to robust growth in the second half of 2011

Davao online trading with First Metro Securities

First Metro Investors Center

First Metro inaugurates Investors Center

First Metro Investment posts P431.4 million profit in the 1st quarter of 2011

FMSBC’s Online Trading Facility launched in Cebu

Rockwell Land raises P4.0 billion from corporate notes issue

FMIC Annual Report 2010:
Creating Opportunities
Executing Possibilities



First Metro Annual Stockholders' Meeting

Manila Water P10-B Corporate Notes

SM Prime raises P5.0 billion from 5-year floating rate notes

Intercollegiate Stock X Challenge winner

FMIC economic and investment briefing

Federal Land, Inc. raises P6.6 billion from its Maiden Notes Issuance

Renewable energy partnership

First Metro, Global Power collaborate to develop renewable energy

Pro-Friends issues P1.5-B Corporate Notes

First Metro Investment Awarded by the PDS Group

Stock X Challenge Series 1 Evaluation Seminar

First Metro Investment’s profits up by 68%

First Metro Investment is 'Best Domestic Bond House' anew

'BIGAY LIWANAG' for Magat Salamat Students

First Metro Investment launches new website

FMIC says prospects in 2011 still rosy but sees rising oil as biggest threat

First Metro Economic Briefing in Cebu

FMIC-PSE-CEAP Stock X Challenge Commences

Bureau of the Treasury Debt Consolidation Program

GT Capital Holdings raises P5-B from maiden notes issue

Stock X Challenge Portfolio Management Seminar

FAMI Speaks on Common Sense Investing

First Metro-PSE-CEAP Stock X Challenge Registration Period Extended

FAMI Celebrates Fifth Year Anniversary

First Metro Investment 9-month Profits Up by 63%

First Metro Securities Unveils On-line Trading Facility

Stock Trading Competion For College Students

First Metro Investment Completes Its New Treasury and Risk Management Software with IP Converge Data Center (IP-C) and Credence Analytics (CA)

Photo Release: First Metro Investment Corp. (FMIC) Conducts ‘Bigay Liwanag’ On Its Third Year.

Photo Release: KsK Coop Formalized Accreditation of FAMI’s Save and Learn Mutual Funds

FAMI Save & Learn Mutual Funds win in the ICAP Awards

FMIC 1H10 Profits Jumps by 60%

FMIC Bullish on the Philippine Economy in 2010

First Metro Investment’s Profits Up by 65%

Photo Release: 12TH Retail Treasury Bond Offering

Photo Release: Retail Treasury Bond Roadshow

First Metro Investment’s Profits Surged 158%

Renewable energy sector needs funding support, says First Metro Investment

PSALM Plans to Issue P20 Billion in Retail Bonds

Top Fixed-Income Dealing Participant

Top Depository Brokering Participant

Metro Pacific and Piltel JV Inks P18.0 Billion Debt Facility with Nine Financial Institutions

FAMI Launches its Monthly Investment Program for Catholic Schools’ Employees

Panay Energy Development Signs P14.0 Billion Financing Package

First Metro Investment is Best Domestic Bond House in the Philippines Twice in A Row

First Metro Investment Corporation Holds Briefing on 2010 Economic and Financial Markets Outlook

First Metro Investment posts P1.9 billion income at the end of 1H 2012
8/1/2012

First Metro Investment Corporation realized a consolidated net income of P1.9 billion at the end of the first half of 2012. This is 76.0% higher than its P1.1 billion profit in the same period last year.

The Treasury Group posted a sizeable net income of P619.0 million or 9.0% higher than its P569.0 million income in the same period last year. The Treasury Group’s income was driven by interest income from fixed income securities, trading gains from the sale of government securities, distribution fee income and brokering fee.

The Investment Banking Group generated a total revenue of P258.0 million which is P40.0 million higher than last year’s income of P218.0 million in the same period. The revenue was generated through various deals that include, SM Prime Holdings’ P7.5 billion Fixed Rate Corporate Notes; Filinvest Land’s P11.0 billion Fixed Rate Bonds; Ayala Corporation’s P10.0 billion Retail Bonds; Ayala Land’s P10.0 billion Retail Bonds; GT Capital Holdings’ P21.6 billion IPO; and FP Finance (2012) Limited’s US$200 million Term Loan.

The Investment Advisory Group realized P160.0 million in net trading gain and dividend income from investment in stocks. This is 3,100% or P155.0 million more than last year’s result of P5.0 million.

First Metro president Roberto Juanchito Dispo explained, “Our first half result was supported by favorable macroeconomic conditions. The debt and equity volume for the first half reached P424.0 billion and First Metro accounted for P291.0 billion or a notable 70.0% market share. In 2011, total capital markets fundraising reached P1.04 trillion and we contributed P805.0 billion or 78.0% of the total funds raised.”

As of June 30, 2012, First Metro’s consolidated resources stood at P75.0 billion, 5.0% lower than the year-end balance of P79.0 billion. The decrease in its resources is mainly brought about by the net effect in deposits due to the change in the reserve requirement on deposit substitute liabilities from 21.0% to 18.0%, net sales of investment securities and net collections of loans and receivables.

Capital funds reached P14.0 billion which is 23.0% or P2.6 billion higher than the end of year balance. Capital adequacy ratio remains competitive at 27.33%.

“The second half of the year poses an even more positive backdrop for the domestic debt capital market with the first quarter GDP at 6.4% and predicted to grow at 7.0% in the second quarter. Inflation is at its record low of 2.8% as of June 2012, historic low rates with 25-year government securities below 6.0%, GIR levels of USD76.0 billion and a surging peso at 41-42 backed by strong OFW remittances and a robust BPO income”, Dispo said.