MCB
Metropolitan Bank Holding Corp.79.63
-0.26-0.33%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Provision detailed as one-off outlier
Q&A unpacked the $23.9M provision as mostly an outlier: $18.7M specific reserve on three out-of-state multifamily loans totaling $34M in Illinois and Ohio, stalled renovations now restructuring with reversal eyed for Q4 or Q1. No broader credit migrations surfaced, even in 19% out-of-market CRE tied to trusted NY sponsors. It's a 26-year anomaly. Growth rolls on unimpeded, pipelines strong into 2026. Deposits spread evenly across verticals, new opps teased for early next year. Digital costs taper to $3M Q4, under $2M Q1. CFO sees NIM approaching 4% in 2026 with cuts. Management tone: confident, unperturbed.
Key Stats
Market Cap
829.85MP/E (TTM)
13.78Basic EPS (TTM)
5.78Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
Quarterly dividend declared
Metropolitan Bank Holding Corp. declared a quarterly cash dividend of $0.15 per share on October 21, 2025, payable November 14 to shareholders of record on October 30. This steady payout underscores the company's commitment to returning capital amid its strong regional banking operations. Dividends reward investors reliably. Yet forward-looking statements warn of risks that could affect future performance.
8-K
10-Q
Q2 FY2025 results
Metropolitan Bank Holding Corp. posted solid Q2 2025 results, with net interest income climbing 19.7% year-over-year to $73.6 million, fueled by loan growth and a 39 basis point expansion in net interest margin to 3.83% (derived). Diluted EPS rose 17.3% to $1.76, aligning with 10.7 million weighted-average shares, while the provision for credit losses jumped to $6.4 million amid CRE and C&I provisioning. Deposits swelled 13.5% year-to-date to $6.8 billion, bolstering liquidity with $152.5 million in cash equivalents and $2.9 billion in available wholesale funding; total debt stood at $237.9 million, including $150 million in FHLBNY advances at 4.43%. The bank repurchased $50 million in shares, signaling confidence. Yet, CRE concentrations in healthcare and real estate expose it to economic downturns.
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