MCB - Earnings announcements

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release first quarter 2026 financial results after the market closes on Tuesday, April 21, 2026. The Company will conduct a conference call at 9:00 a.m. ET on Wednesday, April 22, 2026, to discuss the results. To access the event by telephone, please dial 800-245-3047 (US), 203-518-9765 (INTL), and provide conference ID: MCBQ126 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Investor Relations se

Quarterly Net Income of $28.9 Million Supported by Continued Margin Expansion to 4.10% Achieved Quarterly Annualized ROAE of 15.6% Financial Highlights Diluted earnings per share of $2.77 for the fourth quarter of 2025, compared to $0.67 for the prior linked quarter and $1.88 for the prior year period. Net interest income for the fourth quarter of 2025 was $85.3 million, an increase of $8.0 million, or 10.4%, compared to $77.3 million for the prior linked quarter and an increase of $18.7 million or 28.1%, compared to the prior year period. The net interest margin for the fourth quarter of 2025 was 4.10%, an increase of 22 basis points compared to 3.88% for the prior linked quart

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release fourth quarter and full year 2025 financial results after the market closes on Tuesday, January 20, 2026. The Company will conduct a conference call at 9:00 a.m. ET on Wednesday, January 21, 2026, to discuss the results. To access the event by telephone, please dial 800-245-3047 (US), 203-518-9765 (INTL), and provide conference ID: MCBQ425 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the In

Quarterly Net Interest Income Growth of 18.5% versus Prior Year Period Increase in Credit Reserves Impacted Third Quarter Results Financial Highlights Diluted earnings per share of $0.67 for the third quarter of 2025, compared to $1.76 per diluted common share for the prior linked quarter and $1.08 for the prior year period. Diluted earnings per share for the third quarter of 2025 was impacted by a $23.9 million provision for credit losses primarily driven by a $18.7 million provision for a single out of market CRE multi-family loan relationship and a $5.2 million provision related to changes in the outlook for certain macroeconomic variables, and loan growth. As a result of the loa

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release third quarter 2025 financial results after the market closes on Thursday, October 23, 2025. The Company will conduct a conference call at 9:00 a.m. ET on Friday, October 24, 2025, to discuss the results. To access the event by telephone, please dial 800-245-3047 (US), 203-518-9765 (INTL), and provide conference ID: MCBQ325 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Investor Relations

Net Interest Margin increased to 3.83% Diluted EPS of $1.76 Financial Highlights Diluted earnings per share of $1.76 for the second quarter of 2025, an increase of 21.4% compared to the first quarter of 2025, inclusive of $1.6 million of digital transformation project spend, or $0.10 diluted earnings per common share, after tax. The net interest margin for the second quarter of 2025 was 3.83%, an increase of 15 basis points compared to 3.68% for the prior linked quarter and an increase of 39 basis points compared to 3.44% for the prior year period. Total loans at June 30, 2025 were $6.6 billion, an increase of $270.7 million, or 4.3%, from March 31, 2025 and $773.9 million, or 13

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release second quarter 2025 financial results after the market closes on Thursday, July 17, 2025. The Company will conduct a conference call at 9:00 a.m. ET on Friday, July 18, 2025, to discuss the results. To access the event by telephone, please dial 800-579-2543 (US), 785-424-1789 (INTL), and provide conference ID: MCBQ225 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Investor Relations secti

Strong Financial Results and Robust Capital Position Financial Highlights Total loans at March 31, 2025 were $6.3 billion, an increase of $308.0 million, or 5.1%, from December 31, 2024 and $622.9 million, or 10.9%, from March 31, 2024. Total deposits at March 31, 2025 were $6.4 billion, an increase of $466.3 million, or 7.8%, from December 31, 2024 and $211.8 million, or 3.4%, from March 31, 2024. The net interest margin for the first quarter of 2025 was 3.68%, an increase of 2 basis points compared to 3.66% for the prior linked quarter and an increase of 28 basis points compared to 3.40% for the prior year period. Asset quality continues to be stable. The ratio of non-performing

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release first quarter 2025 financial results after the market closes on Monday, April 21, 2025. The Company will conduct a conference call at 9:00 a.m. ET on Tuesday, April 22, 2025, to discuss the results. To access the event by telephone, please dial 800-579-2543 (US), 785-424-1789 (INTL), and provide conference ID: MCBQ125 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Investor Relations section

Strong Quarter and Full Year Results Underscored by Successful Execution of Strategic Initiatives Financial Highlights The net interest margin for the fourth quarter of 2024 was 3.66%, an increase of 4 basis points compared to 3.62% for the prior linked quarter and an increase of 30 basis points compared to 3.36% for the prior year period. Total loans at December 31, 2024 were $6.0 billion, an increase of $137.0 million, or 2.3%, from September 30, 2024 and $409.3 million, or 7.3%, from December 31, 2023. Total deposits at December 31, 2024 were $6.0 billion, an increase of $245.7 million, or 4.3%, from December 31, 2023. The increase in deposits was due to a $934.7 million incre

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release fourth quarter and full year 2024 financial results after the market closes on Thursday, January 23, 2025. The Company will conduct a conference call at 9:00 a.m. ET on Friday, January 24, 2025, to discuss the results. To access the event by telephone, please dial 800-579-2543 (US), 785-424-1789 (INTL), and provide conference ID: MCBQ424 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Inve

Strong Operating Results Underscored By Increased Net Interest Margin Financial Highlights The net interest margin for the third quarter of 2024 was 3.62%, an increase of 18 basis points compared to 3.44% for the second quarter of 2024. Total loans at September 30, 2024 were $5.9 billion, an increase of $58.2 million from June 30, 2024 and $542.6 million from September 30, 2023. Total deposits at September 30, 2024 were $6.3 billion, an increase of $100.2 million from June 30, 2024 and $748.3 million from September 30, 2023. Diluted earnings per share of $1.08 for the third quarter of 2024, compared to $1.50 for the second quarter of 2024. Third quarter earnings included $12.6 mill

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release third quarter 2024 financial results after the market closes on Thursday, October 17, 2024. The Company will conduct a conference call at 9:00 a.m. ET on Friday, October 18, 2024, to discuss the results. To access the event by telephone, please dial 800-445-7795 (US), 785-424-1699 (INTL), and provide conference ID: MCBQ324 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Investor Relations se

Strong Earnings, Liquidity, Capital and Asset Quality While Executing Strategic Initiatives  Financial Highlights Loans at June 30, 2024 were $5.8 billion, an increase of $119.7 million from March 31, 2024 and $689.3 million from June 30, 2023. Total deposits at June 30, 2024 were $6.2 billion, a decrease of $67.9 million from March 31, 2024 and an increase of $881.1 million from June 30, 2023. Net interest margin for the second quarter of 2024 expanded 4 basis points to 3.44% from 3.40% for the first quarter of 2024. Diluted earnings per share of $1.50 for the second quarter of 2024, an increase of 2.7% compared to the first quarter of 2024, inclusive of $5.5 million of expen

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release second quarter 2024 financial results after the market closes on Thursday, July 18, 2024. The Company will conduct a conference call at 9:00 a.m. ET on Friday, July 19, 2024, to discuss the results. To access the event by telephone, please dial 800-267-6316 (US), 203-518-9783 (INTL), and provide conference ID: MCBQ224 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Investor Relations secti

Strong commercial bank franchise underscores resiliency in challenging macroeconomic environment Investment in core banking digital transformation underway to support continued growth Financial Highlights Total deposits at March 31, 2024 were $6.2 billion, an increase of $500.3 million from December 31, 2023 and an increase of $1.1 billion from March 31, 2023. Net interest margin expanded 4 basis points to 3.40% for the first quarter of 2024 compared to 3.36% for the fourth quarter of 2023. Loans at March 31, 2024 were $5.7 billion, an increase of $94.4 million from December 31, 2023 and $867.5 million from March 31, 2023. Diluted earnings per share of $1.46 for the first qu

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release first quarter 2024 financial results after the market closes on Thursday, April 18, 2024. The Company will conduct a conference call at 9:00 a.m. ET on Friday, April 19, 2024, to discuss the results. To access the event by telephone, please dial 800-267-6316 (US), 203-518-9783 (INTL), and provide conference ID: MCBQ124 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Investor Relations sect

Stable performance demonstrates MCB's ability to execute on its business plan in a challenging economic environment  Financial Highlights Total deposits at December 31, 2023 were $5.7 billion, an increase of $215.7 million from September 30, 2023 and an increase of $459.4 million from December 31, 2022. Net loans at December 31, 2023 were $5.6 billion, with strong growth of $270.3 million from September 30, 2023 and $784.3 million from December 31, 2022. Asset quality remains strong. Net interest margin for the fourth quarter of 2023 increased to 3.36% compared to 3.27% for the prior linked quarter. Full year 2023 net interest margin of 3.49%, consistent with prior year. Fu

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release fourth quarter and full year 2023 financial results after the market closes on Thursday, January 18, 2024. The Company will conduct a conference call at 9:00 a.m. ET on Friday, January 19, 2024, to discuss the results. To access the event by telephone, please dial 800-267-6316 (US), 203-518-9783 (INTL), and provide conference ID: MCBQ423 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Inve

Sustained Core Funding and Balance Sheet Growth Demonstrates Disciplined Approach to Balance Sheet Management Quarterly Financial Highlights Total deposits at September 30, 2023 were $5.5 billion, an increase of $233.0 million from June 30, 2023 and an increase of $243.7 million from December 31, 2022. Strong prudent loan growth, with net loan growth of $204.9 million from June 30, 2023 and $514.0 million from December 31, 2022. Asset quality remains strong. Stable net interest income of $53.6 million. Return on average equity of 13.9% and return on average tangible common equity1 of 14.1%. Liquidity remains strong. At September 30, 2023, cash on deposit with the Federa

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release third quarter financial results after the market closes on Thursday, October 19, 2023. The Company will conduct a conference call at 9:00 a.m. ET on Friday, October 20, 2023, to discuss the results. To access the event by telephone, please dial 800-343-5172 (US), 203-518-9814 (INTL), and provide conference ID: MCBQ323 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Investor Relations secti

Balance Sheet Strength and Stability Continue to Stand Out Strength and Stability Total deposit verticals at June 30, 2023 were $5.2 billion, excluding crypto-related corporate and reserve deposits of $58.1 million, an increase of $377.2 million, or 7.8%, from March 31, 2023. Insured deposits accounted for approximately 73% of total deposits at June 30, 2023, up from 60% at December 31, 2022. Liquidity remains strong. At June 30, 2023, cash on deposit with the Federal Reserve Bank of New York and available secured funding capacity totaled $3.6 billion, which was 259% of uninsured deposit balances and 69% of total deposits. Asset quality remains strong. At June 30, 2023, the co

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release second quarter financial results after the market closes on Thursday, July 20, 2023. The Company will conduct a conference call at 9:00 a.m. ET on Friday, July 21, 2023, to discuss the results. To access the event by telephone, please dial 800-245-3047 (US), 203-518-9843 (INTL), and provide conference ID: MCBQ223 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Investor Relations section of

Quarterly Financial Highlights Year-Over-Year: Net income of $25.1 million, an increase of 31.8%. Diluted earnings per share of $2.25, an increase of 33.1%. Revenues1 of $65.5 million, an increase of 21.2%. Net interest income of $58.5 million, an increase of 25.5%. Net interest margin of 3.86%, an increase of 115 basis points, with an average loan yield of 6.34% and total cost of funds of 1.83% for the first quarter of 2023. Loans totaled $4.9 billion, an increase of 17.7%. Return on average equity of 17.2% and return on average tangible common equity2 of 17.4%. Safety and Soundness Total core deposits, which do not include crypto related deposits of $278.5 milli

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release first quarter financial results after the market closes on Tuesday, April 18, 2023. The Company will conduct a conference call at 8:30 a.m. ET on Wednesday, April 19, 2023, to discuss the results. To access the event by telephone, please dial 800-245-3047 (US), 203-518-9843 (INTL), and provide conference ID: MCBQ123 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Investor Relations section

Annual Financial Highlights Year-Over-Year: Revenues increased 41.5%. Net interest income of $229.2 million, an increase of 46.0%. Net interest margin of 3.49%, an increase of 72 basis points. Net income of $59.4 million, inclusive of a $35.0 million charge for a regulatory settlement reserve and adjusted net income1 of $94.4 million.   Diluted earnings per share of $5.29, inclusive of a $3.13 per share charge for a regulatory settlement reserve and adjusted diluted earnings per share1 of $8.42. Loans totaled $4.8 billion, an increase of 29.7%. Return on average equity of 10.3% and return on average tangible common equity1 of 10.4%. Adjusted return on average equity1 of 16.3

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release fourth quarter and full year 2022 financial results after the market closes on Thursday, January 19, 2023. The Company will conduct a conference call at 9:00 a.m. ET on Friday, January 20, 2023, to discuss the results. To access the event by telephone, please dial 800-245-3047 (US), 203-518-9765 (INTL), and provide conference ID: MCBQ422 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Invest

Revenues Increased 48.1% Year-Over-Year Loans Increased 28.1% Year-Over-Year Return on Average Tangible Common Equity1 of 17.1% Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank (the "Bank"), reported net income of $25.0 million, or $2.23 per diluted common share, for the third quarter of 2022 compared to net income of $16.2 million, or $1.77 per diluted common share, for the third quarter of 2021. Quarterly Financial Highlights Year-Over-Year: Net interest income of $63.3 million, an increase of 55.2%. Net income of $25.0 million, an increase of 53.9%. Diluted earnings per share of $2.23, an increase of 26.0%. Net i

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release third quarter financial results after the market closes on Thursday, October 20, 2022. The Company will conduct a conference call at 9:00 a.m. ET on Friday, October 21, 2022, to discuss the results. To access the event by telephone, please dial 800-245-3047 (US), 785-424-1699 (INTL), and provide conference ID: MCBQ322 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Investor Relations section

Revenues Increased 44.4% Year-Over-Year Loans Increased 26.8% Year-Over-Year Return on Average Tangible Common Equity1 of 16.7% Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank (the "Bank"), reported net income of $23.2 million, or $2.07 per diluted common share, for the second quarter of 2022 compared to net income of $13.3 million, or $1.55 per diluted common share, for the second quarter of 2021. The Company will conduct a conference call at 9:00 a.m. Eastern time on Friday, July 22, 2022, to discuss second quarter 2022 results. See "Conference Call" section below for further details. Financial Highlights Year-Over-Year:

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release second quarter financial results after the market closes on Thursday, July 21, 2022. The Company will conduct a conference call at 9:00 a.m. ET on Friday, July 22, 2022, to discuss the results. To access the event by telephone, please dial 866-518-6930 (US), 203-518-9797 (INTL), and provide conference ID: MCBQ222 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Investor Relations section of t

Revenues Increased 38.6% Year-Over-Year Loans Increased 10.4% Quarter-Over-Quarter Return on Average Tangible Common Equity1 of 14.0% Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank (the "Bank"), reported net income of $19.0 million, or $1.69 per diluted common share, for the first quarter of 2022 compared to net income of $12.1 million, or $1.43 per diluted common share, for the first quarter of 2021. The Company will conduct a conference call at 9:00 a.m. Eastern time on Friday, April 22, 2022, to discuss first quarter 2022 results. See "Conference Call" section below for further details. Financial Highlights include:

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release first quarter financial results after the market closes on Thursday, April 21, 2022. The Company will conduct a conference call at 9:00 a.m. ET on Friday, April 22, 2022, to discuss the results. To access the event by telephone, please dial 866-342-8591 (US), 203-518-9713 (INTL), and provide conference ID: MCBQ122 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Investor Relations section of

Banking-As-A-Service Revenues Increased 94.3% Year-Over-Year Tangible Book Value Per Share Increased 27.6% Year-Over-Year1 Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank (the "Bank"), reported net income of $18.9 million, or $1.69 per diluted common share, for the fourth quarter of 2021 compared to net income of $11.8 million, or $1.39 per diluted common share, for the fourth quarter of 2020. Net income for the year 2021 was $60.6 million, or $6.45 per diluted common share, compared to net income of $39.5 million, or $4.66 per diluted common share, for the year 2020. Financial Highlights include: For the Full Year 2021:

Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank (the "Bank"), today announced it will release fourth quarter and full year 2021 financial results after the market closes on Thursday, January 20, 2022. The Company will conduct a conference call at 9:00 a.m. ET on Friday, January 21, 2022, to discuss the results. To access the event by telephone, please dial 866-342-8591 (US), 203-518-9713 (INTL), and provide conference ID: MCBQ421 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and