secwatch.observer — SEC 8-K summary
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Issuer:     Metropolitan Bank Holding Corp. (MCB)
CIK:        0001476034
Form:       8-K
Filed at:   2021-10-21T23:59:59+00:00
Accession:  0001104659-21-128152
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Metropolitan Bank Q3 net income $16.2M, diluted EPS $1.77, revenue up 29.8% YoY
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- Diluted EPS of $1.77 vs $1.27 last year; net income up 50.4% YoY.
- Total loans $3.6B, up 20.5% YoY; deposits $5.5B, up 54.7% YoY.
- Raised $172.5M via common stock issuance at $75/share; net proceeds ~$163M.
- Net interest margin 2.70%; non-interest income increased $2.3M from Q3 2020.
- Net recoveries $0.3M; non-performing loans 0.4%; provision $0.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476034/000110465921128152/0001104659-21-128152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476034/000110465921128152/tm2130641d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-128152

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