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Metropolitan Bank Holding Corp. operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services. It offers checking, savings, term deposit, money market, non-interest-bearing demand deposit, and other time deposits. The company also provides lending products, including commercial real estate; multi-family; construction; one-to four-family real estate loans; commercial and industrial loans; consumer loans, including purchased student loans; acquisition and renovation loans; loans on owner-occupied properties; loans to refinance or return borrower equity; working capital lines of credit; trade finance; letters of credit; and term loans. In addition, it offers cash management services, online and mobile banking, ACH, remote deposit capture, and debit cards products, and third-part debit cards products, as well as merchant services. It serves small businesses, middle-market enterprises, public entities, and individuals. The company was formerly known as Metbank Holding Corp. and changed its name to Metropolitan Bank Holding Corp. in January 2007. Metropolitan Bank Holding Corp. was incorporated in 1997 and is headquartered in New York, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $291M | - | $71M | $82M | 9.6% | 11.9% | 6.6% |
| 2024 | $260M | - | $67M | $146M | 9.1% | 9.4% | -13.7% |
| 2023 | $238M | - | $77M | $37M | 11.7% | -3.1% | 30.0% |
| 2022 | $245M | - | $59M | $67M | 10.3% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 245.27 | 237.64 | 260.08 | 291.08 |
| Operating Revenue | - | 245.27 | 237.64 | 260.08 | 291.08 |
| Selling General And Administration | - | 61.92 | 76.04 | 89.64 | 93.58 |
| Interest Income | - | 260.74 | 375.40 | 468.38 | 515.28 |
| Interest Expense | - | 31.58 | 152.57 | 215.30 | 212.04 |
| Net Interest Income | - | 229.16 | 222.84 | 253.08 | 303.24 |
| Pretax Income | - | 96.90 | 106.92 | 97.08 | 101.51 |
| Tax Provision | - | 37.47 | 29.65 | 30.40 | 30.41 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 59.42 | 77.27 | 66.69 | 71.10 |
| Net Income From Continuing And Discontinued Operation | - | 59.42 | 77.27 | 66.69 | 71.10 |
| Net Income From Continuing Operation Net Minority Interest | - | 59.42 | 77.27 | 66.69 | 71.10 |
| Net Income | - | 59.42 | 77.27 | 66.69 | 71.10 |
| Net Income Common Stockholders | - | 59.28 | 76.90 | 66.69 | 71.10 |
| Net Income Including Noncontrolling Interests | - | 59.42 | 77.27 | 66.69 | 71.10 |
| Normalized Income | - | 59.42 | 77.27 | 66.69 | 71.10 |
| Diluted NI Availto Com Stockholders | - | 59.28 | 76.90 | 66.69 | 71.10 |
| Basic Average Shares | - | 10.93 | 11.06 | 11.18 | 10.59 |
| Diluted Average Shares | - | 11.20 | 11.13 | 11.26 | 10.74 |
| Reconciled Depreciation | - | 9.71 | 7.14 | -11.41 | -11.05 |
| Gain On Sale Of Security | 0.55 | - | - | - | - |
| General And Administrative Expense | - | 61.92 | 76.04 | 89.64 | 93.58 |
| Other Gand A | 13.81 | - | - | - | - |
| Salaries And Wages | - | 57.29 | 66.96 | 77.86 | 84.03 |
| Insurance And Claims | - | 4.62 | 9.08 | 11.78 | 9.55 |
| Otherunder Preferred Stock Dividend | 0.74 | 0.14 | 0.36 | - | - |
| Occupancy And Equipment | - | 8.86 | 9.34 | 9.66 | 10.32 |
| Professional Expense And Contract Services Expense | - | 14.42 | 18.06 | 21.32 | 14.93 |
| Other Non Interest Expense | - | 53.07 | 14.99 | 36.12 | 33.15 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Metropolitan Bank Holding Corp.this co. | MCB | $1.1B | 15.75↑ premium | 1.51 | 9.6% | - |
| Exzeo Group, Inc. | XZO | $1.1B | 13.79 | 4.49 | 32.6% | 7.44 |
| Heritage Financial Corporation | HFWA | $1.1B | 16.86 | 1.24 | 7.3% | - |
| Preferred Bank | PFBC | $1.1B | 8.51 | 1.44 | 16.9% | - |
| United Fire Group, Inc. | UFCS |
| - |
| - |
| - |
| - |
| - |
| - |
| $1.1B |
| 9.51 |
| 1.19 |
| 12.6% |
| - |
| Univest Financial Corporation | UVSP | $1.1B | 12.37 | 1.19 | 9.6% | - |
| Old Second Bancorp, Inc. | OSBC | $1.1B | 13.72 | 1.23 | 9.0% | - |
| Coastal Financial Corporation | CCB | $1.1B | 22.81 | 2.18 | 9.6% | - |
| Porch Group, Inc. | PRCH | $1.1B | -314.12 | -42.88 | 13.7% | 15.96 |
| Peer Median | - | 13.04 | 1.23 | 11.1% | 11.70 | |