Metropolitan Bank Holding Corp. (MCB)

Metropolitan Bank Holding Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	238.46	245.64	176.88	132.44	104.02
Revenue Growth (YoY)	-2.92%	38.87%	33.56%	27.32%	29.62%
Gross Profit	238.46	245.64	176.88	132.44	104.02
Selling, General & Admin	66.96	57.29	45.91	39.8	31.24
Other Operating Expenses	64.58	91.45	41.4	34.72	28.71
Operating Expenses	131.54	148.74	87.31	74.52	59.96
Operating Income	106.92	96.9	89.57	57.92	44.06
Pretax Income	106.92	96.9	89.57	57.92	44.06
Income Tax	29.65	37.47	29.02	18.45	13.93
Net Income	77.27	59.43	60.56	39.47	30.13
Net Income Growth	30.03%	-1.87%	53.44%	30.97%	17.92%
Shares Outstanding (Basic)	11	11	11	8	8
Shares Change	1.20%	2.70%	28.38%	-0.34%	1.37%
EPS (Basic)	6.95	5.42	6.64	4.76	3.63
EPS (Diluted)	6.91	5.29	6.45	4.66	3.56
EPS Growth	30.62%	-17.98%	38.41%	30.90%	16.34%
Free Cash Flow	36.68	66.65	33.28	83.36	32.12
Free Cash Flow Per Share	3.31	6.10	3.13	10.05	3.86
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	44.84%	39.45%	50.64%	43.73%	42.36%
Profit Margin	32.40%	24.19%	34.23%	29.80%	28.97%
Free Cash Flow Margin	15.38%	27.13%	18.82%	62.94%	30.88%
Effective Tax Rate	27.73%	38.67%	32.39%	31.86%	31.61%
EBITDA	109.82	101.24	94.63	62.52	45.67
EBITDA Margin	46.05%	41.21%	53.50%	47.21%	43.91%
Depreciation & Amortization	2.9	4.34	5.06	4.6	1.61
EBIT	106.92	96.9	89.57	57.92	44.06
EBIT Margin	44.84%	39.45%	50.64%	43.73%	42.36%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).