---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-006014"
form_type: "8-K"
ticker: "MCB"
cik: "0001476034"
company_name: "Metropolitan Bank Holding Corp."
filed_at: "2022-01-20T23:59:59+00:00"
generated_at: "2026-06-27T16:47:39.526905+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Metropolitan Bank Q4 net income $18.9M; full-year EPS $6.45, up 38.4% YoY

## Summary
- Q4 net income $18.9M ($1.69 EPS) vs $11.8M ($1.39 EPS) in Q4 2020; full-year net income $60.6M ($6.45 EPS), up 53.4% YoY.
- Total revenues $180.7M, up 27.3% YoY; Global Payments (BaaS) revenue increased 94.3% YoY.
- Loans $3.7B (+19% YoY), deposits $6.4B (+68% YoY); non-interest-bearing deposits 57% of total.
- Tangible book value per share $50.09, up 27.6% YoY; ROATCE 15.2%; efficiency ratio 48.3% vs 52.5% prior year.
- Completed $172.5M common equity offering in Sept 2021 at $75/share.

## SEC filing metadata
- accession: 0001104659-22-006014
- form_type: 8-K
- ticker: MCB
- cik: 0001476034
- company_name: Metropolitan Bank Holding Corp.
- filed_at: 2022-01-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476034/000110465922006014/0001104659-22-006014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476034/000110465922006014/tm224038d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-006014
- JSON: https://secwatch.observer/filing/0001104659-22-006014.json
- Plain text: https://secwatch.observer/filing/0001104659-22-006014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.