Metropolitan Bank Holding Corp. (MCB)

Metropolitan Bank Holding Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	436.18	429.75	345.04	231.85	164.53	136.5
Interest Income on Investments	38.63	38.63	30.37	28.89	8.76	6.6
Total Interest Income	474.81	468.38	375.41	260.74	173.28	143.1
Interest Paid on Deposits	197.21	198.01	128.68	29.28	14.24	14.24
Interest Paid on Borrowings	17.28	17.28	23.89	2.3	2.04	3.93
Total Interest Expense	214.49	215.3	152.57	31.58	16.28	18.18
Net Interest Income	260.33	253.08	222.84	229.16	157	124.92
Net Interest Income Growth (YoY)	16.21%	13.57%	-2.76%	45.96%	25.68%	27.98%
Other Non-Interest Income	11.88	15.56	21.83	20.85	18.94	13.28
Total Non-Interest Income	20.46	23.83	27.9	26.59	23.7	17
Non-Interest Income Growth (YoY)	-26.74%	-14.60%	4.93%	12.22%	39.37%	59.97%
Revenues Before Loan Losses	280.79	276.91	250.74	255.75	180.7	141.92
Provision for Loan Losses	10.24	6.26	12.28	10.12	3.82	9.49
Revenue	270.56	270.66	238.46	245.64	176.88	132.44
Revenue Growth (YoY)	12.83%	13.50%	-2.92%	38.87%	33.56%	27.32%
Salaries and Employee Benefits	70.87	68.96	57.2	49.45	41.09	36.49
Occupancy Expenses	9.78	9.66	9.34	8.86	3.16	3.64
Federal Deposit Insurance	11.82	11.78	9.08	4.63	3.85	2.04
Selling, General & Administrative	51.74	54.32	45.59	37.45	30.28	25.17
Other Non-Interest Expense	30.19	28.86	10.33	48.35	8.94	7.18
Total Non-Interest Expense	174.4	173.58	131.54	148.74	87.31	74.52
EBT Excluding Unusual Items	96.16	97.08	106.92	96.9	89.57	57.92
Pretax Income	96.16	97.08	106.92	96.9	89.57	57.92
Income Tax Expense	29.32	30.4	29.65	37.47	29.02	18.45
Net Income	66.84	66.69	77.27	59.43	60.56	39.47
Preferred Dividends & Other Adjustments	-	-	0.37	0.14	0.74	0.34
Net Income to Common	66.84	66.69	76.9	59.28	59.82	39.12
Net Income Growth	-2.28%	-13.69%	30.03%	-1.87%	53.44%	30.97%
Basic Shares Outstanding	11	11	11	11	9	8
Diluted Shares Outstanding	11	11	11	11	9	8
Shares Change (YoY)	1.39%	1.13%	-0.63%	20.79%	10.41%	0.71%
EPS (Basic)	5.97	5.97	6.95	5.42	6.64	4.76
EPS (Diluted)	5.92	5.93	6.91	5.29	6.45	4.66
EPS Growth	-3.30%	-14.18%	30.62%	-17.98%	38.41%	30.90%
Effective Tax Rate	30.49%	31.31%	27.73%	38.67%	32.39%	31.86%

Updated Apr 21, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q