Stock X Challenge 3 concludes
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
2/14/2013
First Metro Investment Corporation ended the year 2012 with a stellar performance as it realized a consolidated net income of P3.3 billion. This is 50.0% or P1.1 billion higher than the P2.2 billion net income of the previous year. Return on equity stood at 25.0%.
First Metro President Roberto Juanchito Dispo said, “2012 proved to be another record breaking year for First Metro not only in terms of financial returns, but also in terms of contribution to the Philippine capital markets. We have once again upheld our dominant position by successfully participating in 76.0% of the total capital markets transactions amounting to P613.1 billion in 2012, proof of our leadership, innovation and service excellence.”
The Treasury Group alone booked a solid P1.08 billion income. Net interest income stood at P958.0 million, driven by higher level of securities portfolio. Gains from securities trading amounted to P646.0 million while fee income from securities distribution was at P94.0 million.
The Investment Banking Group generated a total fee income of P374.0 million, 26.0% more than the previous year’s fees. The bulk of this revenue was generated through various significant deals that included GT Capital’s P21.567 billion IPO, Ayala Corporation’s P10.0 billion Fixed Rate Bonds, SM Investment Corporation’s P15.0 billion Fixed Rate Bonds, Ayala Land’s P15.0 billion Fixed Rate Bonds, Smart Communications’ P5.5 billion Fixed Rate Corporate Notes, Rockwell Land’s P10.0 billion Fixed Rate Corporate Notes and San Miguel Corporation’s P80.0 billion Preferred Shares, to name a few.
The investment bank also participated in the Bureau of the Treasury’s fundraising in 2012. It was Co-Issue Manager in the USD500.0 million Onshore Dollar Bonds and in the P188.0 billion 25-year RTB, and was Joint Issue Manager in the P179.8 billion 15- and 20-year RTB.
The Strategic Finance Division earned a net interest income of P218.0 million in 2012, P50.0 million higher than last year’s result of P168.0 million.
The Investment Advisory Group posted P365.0 million in trading gains and dividends from investment in stocks. This is a whopping 121.0% or P200.0 million higher than its P165.0 million income in 2011.
The subsidiaries and affiliates contributed significantly to the bottom line through the share in their net earnings totaling P2.28 billion.
First Metro’s assets at the end of the year stood at P82.0 billion, 5.0% more than the end-2011 level of P79.0 billion. Capital funds increased by 31.0%, which now stood at P15.0 billion.
“We are confident that the year 2013 will again prove to be another good year as we anticipate the country’s breakout year especially now that we have received our first-ever investment grade rating. Our company as a matter of business strategy will take advantage of the numerous opportunities that will come our way but will remain optimistically cautious.” Dispo added.

