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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	452.41	429.75	345.04	231.85	164.53	136.5
Interest Income on Investments	33.69	38.63	30.37	28.89	8.76	6.6
Total Interest Income	486.1	468.38	375.41	260.74	173.28	143.1
Interest Paid on Deposits	197.57	198.01	128.68	29.28	14.24	14.24
Interest Paid on Borrowings	16.09	17.28	23.89	2.3	2.04	3.93
Total Interest Expense	213.66	215.3	152.57	31.58	16.28	18.18
Net Interest Income	272.44	253.08	222.84	229.16	157	124.92
Net Interest Income Growth (YoY)	17.53%	13.57%	-2.76%	45.96%	25.68%	27.98%
Other Non-Interest Income	8.33	15.56	21.83	20.85	18.94	13.28
Total Non-Interest Income	16.95	23.83	27.9	26.59	23.7	17
Non-Interest Income Growth (YoY)	-35.36%	-14.60%	4.93%	12.22%	39.37%	59.97%
Revenues Before Loan Losses	289.38	276.91	250.74	255.75	180.7	141.92
Provision for Loan Losses	15.08	6.26	12.28	10.12	3.82	9.49
Revenue	274.31	270.66	238.46	245.64	176.88	132.44
Revenue Growth (YoY)	10.33%	13.50%	-2.92%	38.87%	33.56%	27.32%
Salaries and Employee Benefits	72.3	68.96	57.2	49.45	41.09	36.49
Occupancy Expenses	9.97	9.66	9.34	8.86	3.16	3.64
Federal Deposit Insurance	11.9	11.78	9.08	4.63	3.85	2.04
Selling, General & Administrative	49.59	54.32	45.59	37.45	30.28	25.17
Other Non-Interest Expense	31.5	28.86	10.33	48.35	8.94	7.18
Total Non-Interest Expense	175.25	173.58	131.54	148.74	87.31	74.52
EBT Excluding Unusual Items	99.06	97.08	106.92	96.9	89.57	57.92
Pretax Income	99.06	97.08	106.92	96.9	89.57	57.92
Income Tax Expense	30.25	30.4	29.65	37.47	29.02	18.45
Net Income	68.81	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	68.81	66.69	76.9	59.28	59.82	39.12
Net Income Growth	-1.19%	-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)	0.59%	1.13%	-0.63%	20.79%	10.41%	0.71%
EPS (Basic)	6.23	5.97	6.95	5.42	6.64	4.76
EPS (Diluted)	6.17	5.93	6.91	5.29	6.45	4.66
EPS Growth	-1.47%	-14.18%	30.62%	-17.98%	38.41%	30.90%
Effective Tax Rate	30.54%	31.31%	27.73%	38.67%	32.39%	31.86%

Updated May 2, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q