Disclosed is a photothermographic material comprising an image forming layer containing at least a light-sensitive silver halide, a light-insensitive organic silver salt, a reducing agent and a binder and a non-image forming layer on at least one surface of a support, wherein 50% by weight or more of the binder is a hydrophilic binder, the light-sensitive material further comprising a metal phthalocyanine compound represented by the following formula (PC-1): ##STR00001## wherein M represents a metal atom, R.sup.1, R.sup.4, R.sup.5, R.sup.8, R.sup.9, R.sup.12, R.sup.13 and R.sup.16 respectively represent a hydrogen atom or a substituent where at least one of R.sup.1, R.sup.4, R.sup.5, R.sup.8, R.sup.9, R.sup.12, R.sup.13 and R.sup.16 is an electron attractive group and R.sup.2, R.sup.3, R.sup.6, R.sup.7, R.sup.10, R.sup.11, R.sup.14 and R.sup.15 respectively represent a hydrogen atom or a substituent.