We present a theoretical study, based on the finite difference time domain method, of the optical response of circular hole arrays drilled in several metal films (Ag, Au, Cu, Al, Ni, Cr, and W). Two series of structures are studied. In the first one, transmittance peaks are analyzed as all geometrical parameters defining the system are scaled, except for the metal thickness which is kept constant, showing good agreement with existing experimental data. In the second series, the metal thickness is also scaled. This allows a clear distinction in the behavior of different metals: Ag, Au, and Cu show even larger transmittance peaks than hole arrays in a perfect conductor with the same nominal parameters. This is due to both a larger effective hole area and smaller absorption. In the case of Ni and Cr, the transmittance is much smaller due to absorption. Band structure calculations confirm that surface electromagnetic modes sustained by the perforated metal film are responsible for the extraordinary optical transmission phenomenon.